011790:KRXSKC Co., Ltd. Analysis

SKC’s shares are trading around 99,400 KRW, well below the 20‑day (≈106k KRW), 50‑day (≈108k KRW) and 200‑day (≈105k KRW) simple moving averages, indicating a technical deficit. The RSI sits near 44, suggesting neutral momentum, while a bearish MACD crossover (negative histogram) reinforces downside pressure. Volume is on an upward trend and the market’s fear‑greed index is in “Greed” territory, implying that short‑term sentiment may be overly optimistic despite the price weakness.
Fundamentally, the company posts a 14% revenue growth year‑over‑year, driven by its battery‑grade copper foil and silicon‑carbon anode products, yet all profitability metrics are negative – gross margin is slightly below zero, operating margin is –10%, and net profit margin is –24%. The balance sheet is strained with a debt‑to‑equity ratio over 140 and cash flow deficits, while the firm carries no dividend and a forward PE of –57, underscoring significant financial risk even as EV‑related demand tailwinds remain.