# Sanil Electric (062040.KO)

Canonical: https://gigainvestors.com/s/062040.KO

Analysis as of: 2026-10-16T07:38:12.624Z. 

Listing currency: KRW. Reporting currency: KRW.

## Verdict

Not enough history yet

Quality tests for Buy: not passed (profit record: fail; earnings resilience is evidence only). Published buy qualification: no.

Share price: KRW 177,500.00 per share; close as of 2026-10-15.

## Checklist

### understandable: na

### moat: na

### economics: na

### management: na

### accounting: na

## Holders

## Price story

Down 33% since Apr 2026

Story as of 2026-10-16T10:01:28.298Z; price observation 2026-10-15.

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in electrical equipment & parts; annual sales are KRW 501.9 billion.

- Source: https://eodhd.com/api/fundamentals/062040.KO.json#2025-12-31 (filed 2026-10-16T07:38:12.624Z); FY2025: revenue 501946220880; grossProfit 234032088200; margin = grossProfit / revenue.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); 062040.KO: Sanil Electric Co., Ltd. manufactures and sells transformers and reactors for power grid, renewable energy, and industrial transformer markets in Korea and internationally. The company offers power, distribution, pad-mounted, oil-filled, cast-resin, pole-mounted, and dry-type transformers, as well as high and low voltage soft starters. Its products are used in renewable energy, transmission and distribution networks, marine and offshore plants, railway, and petrochemical plants. The company was founded in 1987 and is based in Ansan-si, South Korea.

### Why customers stay

Margins ranged from 36.3% to 46.6% during 2023–25.

- Source: https://eodhd.com/api/fundamentals/062040.KO.json#2023-12-31 (filed 2026-10-16T07:38:12.624Z); FY2023: grossProfit / revenue = 36.3%.

- Source: https://eodhd.com/api/fundamentals/062040.KO.json#2024-12-31 (filed 2026-10-16T07:38:12.624Z); FY2024: grossProfit / revenue = 43%.

- Source: https://eodhd.com/api/fundamentals/062040.KO.json#2025-12-31 (filed 2026-10-16T07:38:12.624Z); FY2025: grossProfit / revenue = 46.6%.

### Where the cash goes

Spends 8.1% of cash earnings on expansion; paid dividends in 4 of 4 years.

- Source: https://eodhd.com/api/fundamentals/062040.KO.json#2022-12-31 (filed 2026-10-16T07:38:12.624Z); FY2022: growth capex 0; upkeep 5752559150; owner earnings 672288750. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/api/fundamentals/062040.KO.json#2023-12-31 (filed 2026-10-16T07:38:12.624Z); FY2023: growth capex 20220799360; upkeep 2784755000; owner earnings 38861556500. Growth capex / owner earnings = 0.5203291165138998.

- Source: https://eodhd.com/api/fundamentals/062040.KO.json#2024-12-31 (filed 2026-10-16T07:38:12.624Z); FY2024: growth capex 53230419256.18131; upkeep 36577963763.81869; owner earnings 49799382536.18131. Growth capex / owner earnings = 1.068897173925946.

- Source: https://eodhd.com/api/fundamentals/062040.KO.json#2025-12-31 (filed 2026-10-16T07:38:12.624Z); FY2025: growth capex 12035223580; upkeep 4425340000; owner earnings 148786189730. Growth capex / owner earnings = 0.08088938631898655.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16T07:38:12.624Z); Dividend observations: [[2022,426598000],[2023,426598000],[2024,4536178680],[2025,12761467740]]. Zero only counted when supported by a complete cash-flow statement.

### Are managers owners

Insiders own 45.5% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); 062040.KO SharesStats.PercentInsiders = 45.549 percentage points; cache date 2026-10-16.

### What the price says

The price is 11 times annual sales.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16T07:38:12.624Z); Closing price 177500 KRW; reporting-to-trading FX 1; FY2025 annual sales per share 16148.238336988203; price multiple 10.991911086265612. FY2025 cash earnings/share 4786.637996397591. Closing-price date 2026-10-15.

## Monthly share-price history (KRW per share)

- 2024-07: KRW 50,300.00 per share

- 2024-08: KRW 39,000.00 per share

- 2024-09: KRW 47,850.00 per share

- 2024-10: KRW 42,150.00 per share

- 2024-11: KRW 61,500.00 per share

- 2024-12: KRW 68,600.00 per share

- 2025-01: KRW 72,200.00 per share

- 2025-02: KRW 64,700.00 per share

- 2025-03: KRW 51,400.00 per share

- 2025-04: KRW 54,500.00 per share

- 2025-05: KRW 67,000.00 per share

- 2025-06: KRW 88,700.00 per share

- 2025-07: KRW 118,200.00 per share

- 2025-08: KRW 111,800.00 per share

- 2025-09: KRW 110,100.00 per share

- 2025-10: KRW 156,700.00 per share

- 2025-11: KRW 143,400.00 per share

- 2025-12: KRW 130,100.00 per share

- 2026-01: KRW 147,500.00 per share

- 2026-02: KRW 166,700.00 per share

- 2026-03: KRW 134,900.00 per share

- 2026-04: KRW 266,000.00 per share

- 2026-05: KRW 247,000.00 per share

- 2026-06: KRW 238,500.00 per share

- 2026-07: KRW 143,200.00 per share

- 2026-08: KRW 196,100.00 per share

- 2026-09: KRW 212,500.00 per share

- 2026-10: KRW 211,000.00 per share

## Annual estimated value (KRW per share)

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

## Sources

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.