매출 하락 → 마진 압박 → 현금 악화
Critical매출이 -0.4% 감소하며 영업이익률이 -14.0%에서 -15.5%로 하락했다. 영업현금흐름도 동반 감소하여 수익-현금 순환이 약화되고 있다.
Evidence
매출 YoY -0.4% (2023→2024)영업이익률 -14.0%→-15.5%영업CF -1,475→-4,468
ChoA Pharmaceutical
A034940 · KOSDAQ₩585+0.86%
2026-08-03 closeChoA Pharmaceutical — pricey right now, or cheap? And what signals are flashing today?
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AI Insight
Why these signals fired — only backtest-proven edge, told honestly
Strong-buy signal — the real recordrecord · not a prediction
Not this one stock, but every strong-buy pick we actually published (Korea market). When this stock flashes the signal, it is treated by the same rule.(as of 2026-08-03)
Last 30 sessions
648 picks
Next-day win rate
49.2%
Avg next-day
-0.17%
vs market
+0.72%p
Beat the market on 62.1% of picks (each pick vs its own day’s market average).
Recent publish days (next-day win rate)
07-31 0%07-30 66.7%07-29 0%07-28 45%07-27 20%07-25 36.4%07-21 55.6%07-20 53.8%07-16 53.3%07-15 50%07-14 71.4%07-13 31.2%
This stock has not flashed this signal recently — the record above is the signal’s own, not this stock’s.
Entry is the latest close at publish time; next-day is the following close. “Market” is the equal-weighted average of every stock in the same market that day; delisted names are excluded from both. Fees, taxes and slippage are not included. An observed record over a short window, not a pre-registered backtest. Not investment advice.
Valuation Grades
Relative to 295 건강관리 peers · not investment advice
Valuation in its own history
PER — · PBR 0.58 — own history (2000-01~) percentiles 0/100 · 100/100
PER0/100
PBR100/100
Higher indicates lower valuation relative to its history (based on earnings and book yields).
Earnings percentiles can fluctuate for cyclical companies (including loss periods), so the book basis is shown alongside. Companies with large share buybacks can have structurally high PBR. Factual information, not investment advice.
Financial safety
Reference indicatorAs of 2024Distress zoneFinancial-metric reference signal
Altman Z'' zoneZ'' -1.99
Distress
Grey
Safe
- Altman Z''
- -1.99
- Beneish M-Score
- -2.95
- Sloan accrual
- -7.20%
No statistical flag
부실·조작 위험을 나타내는 사실 지표입니다. 투자 조언이 아니며, 검증 전이라 참고용입니다.
Factual information, not investment advice.
Why has this company moved this way?
Auditable observations with the original numeric evidence.
Factual information, not investment advice.
Earnings quality · Piotroski F-Score
3/9Weak
Piotroski measures year-over-year financial improvement, not absolute quality.
Financial improvement score3/9
Profitability
- Positive ROANot passed
- Positive OCFNot passed
- Improving ΔROAPass
- Accruals (OCF > net income)Pass
Leverage & liquidity
- Lower debtNot passed
- Higher current ratioNot passed
- No new sharesNot passed
Efficiency
- Higher gross marginNot passed
- Higher asset turnoverPass
Calculation note: F7(신주)은 equity/asset 유지로 근사
Already-stable companies may score lower when year-over-year improvement is limited.
Factual information, not investment advice.
Industry structure
KRAs of 2026-08-03건강관리
This stock is in 건강관리: revenue rank 154 of 290, share 0.1%.
154 / 2900.1%revenue share
Who dominates this industry?
- 1삼성바이오로직스7.3%
- 2셀트리온5.7%
- 3녹십자홀딩스3.5%
- 4유한양행3.3%
- 5대웅3.1%
- 6조아제약0.1%
Concentration
DistributedCR3 16.6%HHI and CR3 are separate industrial-organization facts; they are not the polarization verdict.
Polarization
Winner-take-all deepeningConsistentPolarization measures industry gaps and structure, not valuation, forecast, or investment advice.
Margin lens
- IQR%p
- 31.61
- Direction
- 확대
- Level
- 넓음
- Years
- 7
Value lens
- P90/P10
- 14
- Median P/B
- 1.47
- Level
- 넓음
- n
- 269
Survivorship note: 현재 산업 멤버십을 과거 연도에 소급 적용 — 과거 진입·퇴출 기업 미반영(복원 불가)
Factual information, not investment advice.
Risk sensitivity — adverse assumptions
Metric changes under stated assumptions; not a forecast or investment advice.
Base metrics
- Operating margin
- -15.5%
- Interest coverage
- -8.7x
- Return on equity (ROE)
- -30.6%
Operating margin −5pp
Operating lossInterest coverageBase -8.7x adverse case -11.5x
Return on equity (ROE)Base -30.6% adverse case -44.5%
Revenue −15%
Interest coverage riskInterest coverageBase -8.7x adverse case -7.4x
Return on equity (ROE)Base -30.6% adverse case -29.8%
Interest rate +2pp
Interest coverage riskInterest coverageBase -8.7x adverse case -5.1x
Return on equity (ROE)Base -30.6% adverse case -37%
Interest coverage limit
Already below the limit by 17.3ppInterest coverage limit at an operating margin of 1.8%
Interest expense coverage threshold
Key suppliers · Annual report
Annual reportDART · 2026-03-13Suppliers disclosed by the company in its 2026-03-13 annual report.
Purchase amount
KRW 100m- ActivesKRW 145.5T
- KRW 145.5T
- DiosminKRW 145.5T
- HEALTHTECHKRW 145.5T
- GreenKRW 54.2T
- PowderKRW 54.2T
- TeaKRW 54.2T
- 없음KRW 54.2T
- ComplexKRW 21.7T
- FerricKRW 21.7T
+8 more with disclosed amounts — included in coverage
Suppliers without disclosed amount
FerritinVATFerrittinTroxerutinArgininePhendimetrazineTartrateBetaineHydrochloride
Financials at a glance
ChoA Pharmaceutical's latest results and balance sheet. The bars track the last three periods.
Connections
AI-extracted related companies · for reference
Competitors
대웅제약Price comovement r=0.13 (1 year)동국제약광동제약Price comovement r=0.19 (1 year)일양약품종근당Price comovement r=0.16 (1 year)한미약품Price comovement r=0.14 (1 year)유한양행Price comovement r=0.23 (1 year)GC녹십자보령Price comovement r=0.27 (1 year)삼아제약일동제약Price comovement r=0.05 (1 year)JW중외제약HK이노엔Price comovement r=0.12 (1 year)휴온스
Recent filings
ChoA Pharmaceutical's latest filings on Korea's DART. Open a headline for a reference summary and the original.
Source: DART (Korea electronic disclosure)
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