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SUN&L CO.,LTD (002820) AI Stock Analysis

KR:002820

SUN&L CO.,LTD

(Korea Exchange:002820)

Select Model
Rating:47Neutral
Price Target:KRW 1,068.00â–²(2.69% Upside)
Action:initiatedcoverage
Date:10/28/26

The score is held back primarily by weak cash generation (negative operating/free cash flow) and a bearish technical setup (below key moving averages with negative momentum). These risks are partially offset by improving profitability/leverage versus prior periods and a very low P/E that suggests inexpensive valuation if earnings prove sustainable.

Positive Factors
Return to profitabilityThe return to positive net income and EBITDA shows that recent operating performance has improved from the prior loss-making period. If maintained, this provides a stronger base for reinvestment and balance-sheet repair, although the still-low margins mean profitability remains early-stage.
Negative Factors
Persistent cash consumptionPersistent negative operating and free cash flow indicates that reported profitability has not yet translated into internally generated cash. If this continues, liquidity may remain pressured and the company could depend more heavily on financing to sustain operations or fund investment.

SUN&L CO.,LTD (002820) vs. SPDR S&P 500 ETF (SPY)

-80%-60%-40%-20%0%20%KR:002820-58.89%SPY+11.79%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
KRW 12.55B
Dividend Yield
―
Average Volume (3M)
114.47K
Price to Earnings (P/E)
1.5
Beta (1Y)
-0.42
Revenue Growth
-25.69%
EPS Growth
―
Country
KR
Employees
242
Sector
General
Sector Strength
55
Industry
Paper, Lumber & Forest Products

SUN&L CO.,LTD Business Overview & Revenue Model

Company Description

SUN&L Co., Ltd. specializes in the production and global sale of various timber products, catering to both the South Korean and international markets. Its diverse portfolio includes items such as plywood, medium-density fiberboard (MDF), assorted lum...

SUN&L CO.,LTD Financial Statement Overview

Summary

Income statement is improving with a return to profitability in TTM, but revenue is still contracting and margins/operating results have been volatile. Balance sheet leverage has improved to a more moderate level, yet returns remain only modestly positive. The largest drag is cash flow: operating and free cash flow are still negative, indicating the turnaround has not translated into durable cash generation.

Income Statement

40Negative

Balance Sheet

58Neutral

Cash Flow

28Negative
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue233.85B272.40B339.34B441.06B506.69B465.32B
Gross Profit15.08B17.40B35.41B16.11B29.42B24.04B
EBITDA7.66B-11.98B8.94B-170.17B10.61B-13.08B
Net Income8.09B-2.35B-15.73B-160.90B-19.12B-35.05B
Balance Sheet
Total Assets474.90B473.16B502.78B628.10B524.43B566.18B
Cash, Cash Equivalents and Short-Term Investments31.56B31.13B38.65B47.52B60.84B85.54B
Total Debt178.71B181.70B196.75B275.13B287.31B290.21B
Total Liabilities247.75B250.22B277.69B396.71B373.99B397.88B
Stockholders Equity224.68B220.43B222.76B236.28B156.05B173.41B
Cash Flow
Free Cash Flow-34.53B-25.41B-8.64B-27.16B-42.14B-68.27B
Operating Cash Flow-16.31B-12.45B-835.13M-9.59B-7.75B-43.65B
Investing Cash Flow29.01B20.49B81.72B16.40B-16.33B-7.90B
Financing Cash Flow-21.02B-16.22B-91.51B-13.95B-1.46B67.08B

SUN&L CO.,LTD Technical Analysis

Technical Analysis SentimentNegative
Last Price1040.00

Price Trends

50DMA1352.70Negative
100DMA1715.94Negative
200DMA2037.44Negative

Market Momentum

MACD-88.05Negative
RSI38.19Neutral
STOCH9.53Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KR:002820, the sentiment is Negative. The current price of 1040.00 is below the 20-day moving average (MA) of 1119.05, below the 50-day MA of 1352.70, and below the 200-day MA of 2037.44, indicating a bearish trend. The MACD of -88.05 indicates Negative momentum. The RSI at 38.19 is Neutral, neither overbought nor oversold. The STOCH value of 9.53 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KR:002820.

SUN&L CO.,LTD Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

KR:002820 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
KR:009770KR:00977064NeutralKRW 65.00B4.28―3.85%-21.91%-16.10%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
KR:002310KR:00231054NeutralKRW 261.86B9.93―3.52%0.22%25.30%
KR:002820KR:00282047NeutralKRW 11.98B1.55――-25.69%―
KR:009200KR:00920045NeutralKRW 55.76B-0.88―9.33%-1.57%-571.28%
KR:027970KR:02797044NeutralKRW 69.32B-0.83――-0.57%-50413.86%
KR:009460KR:00946042NeutralKRW 30.54B-5.11――-2.82%-74.26%

* General Sector Average

Performance Comparison

-50%-25%0%25%50%KR:002820KR:002310KR:009200KR:009460KR:009770KR:027970Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
KR:002820 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
KR:002820SUN&L CO.,LTD1040.00-1485.00-58.81%
KR:002310Asia Paper Manufacturing Co., Ltd.7100.00-58.03-0.81%
KR:009200Moorim Paper Co., Ltd1340.00-495.43-26.99%
KR:009460Hanchang Paper Co., Ltd2475.00-325.00-11.61%
KR:009770Sam Jung Pulp Co., Ltd26000.00-2324.37-8.21%
KR:027970Hankuk Paper MFG. CO., LTD1824.00-2096.00-53.47%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 28, 2026