Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
194370.KS
BUYREMOVEJS Corporation · Consumer Cyclical · South Korea · $219M · Avg Vol: $1M/d
JS Corporation is a South Korean OEM manufacturer of handbags. Despite decent valuation metrics, it is a low-margin, contract manufacturer with limited pricing power and no alignment with our core structural macro themes.
COMPANY DESCRIPTION
JS Corporation is a leading South Korean original equipment manufacturer (OEM) and original design manufacturer (ODM) specializing in luxury handbags and leather goods. The company serves as a critical manufacturing partner for prominent global fashion brands, including Coach, Michael Kors, and Kate Spade. Its competitive moat is sustained by its highly efficient, low-cost manufacturing facilities in Vietnam and Cambodia, combined with strict quality control and design capabilities.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 635.0M | 561.9M | 727.8M | 838.9M | 9.7% |
| EPS | 1.67 | 2.82 | 1.20 | 1.75 | 1.7% |
| Shares | 26.7M | 26.7M | 27.4M | 29.0M | +8.8% |
| Debt | 110.6M | 225.7M | 561.4M | 540.8M | 69.7% |
| Equity | 166.3M | 233.2M | 308.9M | 343.4M | 27.3% |
| Op CF | 80.7M | 62.4M | 23.5M | 83.3M | 1.1% |
| Inv CF | -42.3M | -139.1M | -178.4M | -0.8M | — |
| Fin CF | -26.2M | 117.5M | 133.3M | -52.0M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Consumer Cyclical, ranked by industry match, size, and score similarity. Cross-listings of 194370.KS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 194370.KS | JS Corporation(you) | $219M | 75 | BUY |
| 035150.KS | BAIKSAN Co,. Ltd | $129M | 76 | BUY |
| 002170.KS | SYTS Corp. | $94M | 90 | STRONG BUY |
| 006060.KS | HWASEUNG Industries Co.,Ltd. | $78M | 49 | HOLD |
| 481070.KQ | AU BRANDZ | $109M | 34 | SELL |
| 241590.KS | Hwaseung Enterprise Co., Ltd. | $125M | 15 | STRONG SELL |
| 101140.KS | INBIOGEN Co., Ltd. | $57M | 1 | STRONG SELL |
| 043370.KQ | PHA Co., Ltd. | $157M | 76 | BUY |
| 381970.KS | K Car Co., Ltd. | $278M | 72 | BUY |
| 009900.KS | Myoung Shin Industrial Co.,Ltd | $273M | 71 | BUY |
Peer medians: ROE 5.6% · P/E 7.9x · Gross margin 17.7%