Korea Stock Market Insights

Tag: Scrap Metal

  • Derami (032860) H1 2025 Earnings Report: A Deep Dive and Investor Warning

    1. What Happened?: Derami’s Deteriorating Performance

    Derami’s H1 2025 earnings report revealed a sharp decline in revenue and a concerning operating loss. Q2 2025 preliminary results show revenue at ₩12.4 billion and an operating loss of ₩0.3 billion, a substantial decrease compared to the same period last year.

    2. Why?: Struggles Across Business Segments

    • Scrap Metal Distribution: Hit hard by fluctuating international market prices and decreased domestic demand.
    • Cosmetics: Facing challenges from intensifying competition in the domestic market and rising raw material costs, despite efforts to increase overseas sales.
    • Resort Business: Continues to underperform despite expectations of a post-pandemic recovery.

    3. What’s Next?: An Uncertain Future – Investor Caution Advised

    Derami is facing a significant management crisis, and a short-term recovery seems unlikely. The rising debt-to-equity ratio and declining current ratio further raise concerns about the company’s financial health. Investors should proceed with caution.

    4. Investor Action Plan: Key Metrics to Watch

    • Q3 2025 Earnings: Crucial for assessing the potential for a turnaround.
    • Restructuring Efforts: Monitor specific strategic changes within each business segment.
    • Macroeconomic Factors: Continuously track the impact of interest rate and exchange rate fluctuations.

    Frequently Asked Questions

    What are Derami’s main business segments?

    Derami operates in scrap metal distribution, cosmetics, and the resort business.

    Why did Derami’s H1 2025 earnings decline?

    A combination of factors contributed to the decline, including poor performance in the scrap metal distribution business, increased competition in the cosmetics market, and the continued struggles of the resort business.

    Should I invest in Derami?

    Derami is currently facing a significant management crisis, and investment should be approached with caution. Investors should closely monitor upcoming earnings releases and any strategic changes announced by the company.

  • Intergis’s H1 2025 Performance: Steady Growth and New Business Opportunities

    1. Intergis H1 2025 Performance Analysis: A Blend of Core Business and New Ventures

    Intergis recorded sales of KRW 182.8 billion, operating profit of KRW 7.6 billion, and net income of KRW 5.5 billion in the first half of 2025. The stevedoring business showed consistent growth, and the shipping business also achieved sales growth. However, the transportation business experienced a slight decline due to decreased cargo volume. Notably, Intergis is expanding into new businesses, primarily scrap metal distribution. This has strong potential to become a future growth engine for the company.

    2. Analysis of Positive Factors and Potential Risks: Opportunities and Challenges

    • Positive Factors:
      • Stable growth in the stevedoring business
      • Expansion of overseas network
      • Increased growth potential through new business investments
    • Potential Risks:
      • Sluggish performance in the transportation sector
      • Low profitability in the shipping business
      • Impact of macroeconomic variables such as exchange rates and oil prices
      • Risks related to new businesses

    3. Key Takeaways for Investors: Future Outlook and Investment Strategy

    While Intergis has a stable business foundation and new growth drivers, responding to external environment changes and managing new business risks are crucial. Investors should consider the following factors:

    • Global economic recovery and cargo volume growth trends
    • Volatility in the shipping market and efforts to improve profitability
    • Successful establishment of new businesses, such as scrap metal distribution
    • Macroeconomic variable management strategy

    4. Conclusion: Intergis Adapting to Change, Focus on Future Growth Potential

    Based on the stability of its core business and the growth potential of new ventures, Intergis is pursuing continuous growth. Investors should evaluate both opportunities and risks in a balanced manner and establish investment strategies from a long-term perspective.

    Frequently Asked Questions

    What are Intergis’s main businesses?

    Intergis operates stevedoring, transportation, shipping, forwarding and other businesses, and has recently entered the scrap metal distribution business.

    What are the key features of Intergis’s H1 2025 performance?

    The growth of stevedoring and shipping businesses coexisted with the sluggish performance of the transportation business, and efforts to secure future growth engines through new business investments stood out.

    What should investors be aware of when investing in Intergis?

    Investors should consider the global economic slowdown, volatility in the shipping market, and new business risks. The impact of macroeconomic variables should also be considered.