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[Alpha Biz=(Chicago) Reporter Paul Lee] Shares of Doosan Robotics and Rainbow Robotics are falling. It is contrary to the expectation of the robot industry at the end of last year when the report price was renewed day after day.
Stock market analysts say stock prices, which rose in terms of supply and demand, are returning their gains as investor sentiment has sharply frozen due to poor performance.
According to the Korea Exchange on the 1st, Doosan Robotics' stock price fell 37.64% this year. It ranks fourth in the KOSPI market.
The day closed at KRW 72,400, up 5.39% from the previous trading day, but there is a big difference compared to the end of last year (KRW 116,100), and it is close to half of the market price (KRW 124,500) on December 21 last year.
Rainbow Robotics is in a similar situation. Rainbow Robotics' stock price fell 13.13% during the period. The market closed at 144,100 won on the 31st of last month, falling to 140,000 won in three months since Nov. 2 last year (143,300 won).
During this period, the market capitalization of both companies evaporated by 3.28 trillion won. At the end of last year, their combined market capitalization exceeded 10 trillion won. Currently, it is only 7.6 trillion won, including Doosan Robotics 4.6929 trillion won and Rainbow Robotics 2.9662 trillion won.
The reason behind the fall in stock prices is poor performance. Although it staged an upward rally last year due to expectations of growth, critics point out that its performance failed to support it, leading to a burden of valuation.
According to the Financial Supervisory Service's electronic disclosure system, Doosan Robotics' tentative operating loss last year was KRW 19.1675 billion (on a consolidated basis), up 44.9% from KRW 13.2283 billion in the previous year. Net loss during the term was also 15.87353 billion won, up 26.5% from the previous year (12.5481 billion won).
Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)
