TipRanks
Shindaeyang Paper Co., Ltd (KR:016590)
:016590
South Korea Market
Want to see KR:016590 full AI Analyst Report?

Shindaeyang Paper Co., Ltd (016590) AI Stock Analysis

― Followers

Top Page

KR:016590

Shindaeyang Paper Co., Ltd

(016590)

Select Model
Select Model
Select Model
Neutral 61 (OpenAI - Gpt-5.6Sol)
Rating:61Neutral
Price Target:
₩8,472.00
Action:N/A
Date:10/28/26
The score is anchored by a mixed financial profile: strong TTM revenue rebound and conservative leverage are tempered by weaker cash-flow quality and profitability down from prior-cycle highs. Valuation is a key positive (low P/E with a reasonable yield), but technicals meaningfully detract given the pronounced downtrend and negative momentum despite oversold readings.
Positive Factors
Conservative leverage
Very modest leverage gives Shindaeyang Paper a more resilient financial structure and reduces the burden of interest and refinancing obligations. This should preserve flexibility to maintain operations, fund strategic projects, and withstand weaker periods in the paper cycle without relying excessively on borrowed capital.
Negative Factors
Margin compression
Profitability remains below the stronger levels achieved earlier in the cycle, showing that revenue recovery has not fully restored historical spreads. Persistent margin compression would reduce earnings resilience, limit the cash available for reinvestment, and leave results more sensitive to pricing and cost pressures.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative leverage
Very modest leverage gives Shindaeyang Paper a more resilient financial structure and reduces the burden of interest and refinancing obligations. This should preserve flexibility to maintain operations, fund strategic projects, and withstand weaker periods in the paper cycle without relying excessively on borrowed capital.
Read all positive factors

Shindaeyang Paper Co., Ltd (016590) vs. SPDR S&P 500 ETF (SPY)

Shindaeyang Paper Co., Ltd Business Overview & Revenue Model

Company Description
Shindaeyang Paper Co., Ltd. is a South Korean company specializing in the manufacturing and distribution of various paper products. Established in 1982 and headquartered in Ansan, the firm supplies stencil paper to the Korean market. Its extensive...

Shindaeyang Paper Co., Ltd Financial Statement Overview

Summary
Financial statements are mixed: TTM revenue rebounded strongly (+218%) and profitability improved versus 2025 (net margin ~5.0% vs ~3.6%), supported by low leverage (debt-to-equity ~0.16). Offsetting this, margins and returns are notably below 2021–2023 levels (net margin ~7–8% then; ROE ~5.4% TTM vs ~8–11%), and cash-flow quality is weaker with low earnings-to-cash conversion (OCF coverage ~0.44) and sharply lower free cash flow (about -47% TTM).
Income Statement
62
Positive
Balance Sheet
74
Positive
Cash Flow
52
Neutral
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue652.68B639.53B658.50B645.36B676.40B681.57B
Gross Profit104.58B98.39B105.30B130.41B120.67B125.32B
EBITDA33.38B49.29B80.17B102.58B91.93B106.58B
Net Income32.71B22.79B35.13B47.86B47.58B54.11B
Balance Sheet
Total Assets954.75B922.90B875.92B876.21B884.53B845.95B
Cash, Cash Equivalents and Short-Term Investments206.31B186.62B156.75B167.43B152.02B138.42B
Total Debt101.10B85.21B70.99B75.69B101.86B98.63B
Total Liabilities217.88B201.75B183.83B189.46B227.23B219.15B
Stockholders Equity617.31B601.61B588.73B582.52B556.09B502.02B
Cash Flow
Free Cash Flow14.80B12.37B15.94B60.77B41.88B2.73B
Operating Cash Flow62.06B59.59B61.64B84.74B92.47B20.73B
Investing Cash Flow8.27B-2.07B55.30B-35.11B-60.39B-3.68B
Financing Cash Flow11.46B19.11B-32.52B-50.19B-24.16B-29.41B

Shindaeyang Paper Co., Ltd Technical Analysis

Technical Analysis Sentiment
Negative
Last Price―
Price Trends
50DMA
9594.60
Negative
100DMA
9617.80
Negative
200DMA
11159.95
Negative
Market Momentum
MACD
-393.16
Positive
RSI
23.76
Positive
STOCH
9.60
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KR:016590, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 8870.00, equal to the 50-day MA of 9594.60, and equal to the 200-day MA of 11159.95, indicating a bearish trend. The MACD of -393.16 indicates Positive momentum. The RSI at 23.76 is Positive, neither overbought nor oversold. The STOCH value of 9.60 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KR:016590.

Shindaeyang Paper Co., Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
₩322.99B7.36―2.78%-0.26%69.98%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
54
Neutral
₩261.86B9.93―3.52%0.22%25.30%
52
Neutral
₩162.88B7.39―7.30%1.89%―
48
Neutral
₩65.31B-5.80――3.75%38.79%
45
Neutral
₩57.55B-0.92―9.04%-1.57%-571.28%
44
Neutral
₩73.35B-0.88――-0.57%-50413.86%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
KR:016590
Shindaeyang Paper Co., Ltd
8,100.00
-4,010.58
-33.12%
KR:001020
PaperCorea, Inc.
1,838.00
-1,637.00
-47.11%
KR:002310
Asia Paper Manufacturing Co., Ltd.
7,100.00
-193.82
-2.66%
KR:009200
Moorim Paper Co., Ltd
1,383.00
-494.70
-26.35%
KR:027970
Hankuk Paper MFG. CO., LTD
1,930.00
-2,050.00
-51.51%
KR:213500
Hansol Paper Co., Ltd.
6,850.00
-883.88
-11.43%
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