KOREA ALPHA

Consumer

Gaeasoft Investment Story highlighting Miri Capital's 14.9% ownership stake, with fresh-food retail imagery representing subsidiary Oasis Market.

Gaeasoft treasury-share cancellation infographic showing a 12.88% reduction in issued shares through a before-and-after comparison.

Oasis fulfillment center and valuation infographic comparing its implied KRW 1.33 trillion equity value with Gaeasoft's approximately KRW 180 billion market capitalization.

Gaeasoft fair-value chart showing Korea Alpha's KRW 15,500 estimate versus the KRW 13,370 October 21 closing price, implying 15.9% upside.

Consumer

Miri Capital Raises Gaeasoft Stake to 14.9% as Oasis Deal Implies KRW 1.33T Value

October 22, 2026 · 7 min read

APR shares plunge 19.6% to KRW 283,000 on October 13, 2026, illustrated with a falling stock chart and Medicube beauty products.

APR operating margin comparison showing 24.8% in Q2 2026 versus approximately 22% forecast for Q3, alongside logistics, commissions and currency pressures.

APR's Q2 2026 overseas revenue growth chart showing North America up 264.6% and Europe up 380.3% year over year, with Medicube products.

Three-stage APR investment diagram showing logistics cost efficiency, operating margin recovery and earnings growth, alongside Medicube products and shipping infrastructure.

Consumer

APR's 20% Selloff: Is the Market Overpricing Margin Risk?

October 13, 2026 · 7 min

JYP Entertainment earnings outlook shows a 3Q 2026 operating profit estimate of KRW 39.5 billion as major artist activity slows

JYP Entertainment K-pop revenue mix shows albums up 36.7% and streaming up 71.6% while concerts and merchandise decline in Q2 2026

JYP Entertainment IP portfolio compares Stray Kids and TWICE with NMIXX, NEXZ and KickFlip as future K-pop earnings drivers

JYP Entertainment 2027 growth path from Stray Kids global touring and younger K-pop IP expansion to balanced earnings and re-rating

Consumer

Can JYP Close the Growth Gap Before Its Next IP Cycle Begins?

October 7, 2026 · 10 min

Cosmax benefits from record K-Beauty exports and rising global demand for Korean cosmetics

K-Beauty exports are expanding across the U.S. and Europe, creating broader global demand for Cosmax manufacturing

Cosmax converts global K-Beauty demand into record sales and earnings through its global cosmetics manufacturing platform

Key growth catalysts to watch as Cosmax expands its global cosmetics ODM business

Consumer

Cosmax Is the Picks-and-Shovels Play on K-Beauty

September 3, 2026 · 8 min read