What Happened? Purunsongnamu’s Rehabilitation and Delisting
Purunsongnamu entered rehabilitation proceedings on June 24, 2025, and received a delisting notice on June 26, 2025. This poses a significant threat to the company’s continued existence.
Why Did This Happen? Purunsongnamu’s Deteriorating Fundamentals
Purunsongnamu’s core businesses, senior care and bio, are both operating at a loss, struggling to generate profit. The company’s financial health is extremely vulnerable, marked by deepening capital impairment, surging debt-to-equity ratio, and an audit disclaimer. The significant increase in bad debt write-offs further points to uncertainty in receivables collection, a critical warning sign about the company’s financial stability.
What Does This Mean? Impact on Investors
The rehabilitation proceedings and delisting decision have severe implications for investors. Trading of the stock will be halted, making it difficult to recover investments, and raising new capital will become virtually impossible. The company’s credibility and value will plummet, potentially leading to substantial losses for investors.
Investor Action Plan
Investing in Purunsongnamu is extremely risky. Existing investors should seriously consider the potential for further stock value decline and delisting. New investment should be avoided entirely.
Frequently Asked Questions
What is the current stock price of Purunsongnamu?
Trading of Purunsongnamu’s stock has been halted due to the delisting decision.
What happens if I invest in Purunsongnamu now?
Investing in Purunsongnamu is currently extremely risky, with a high probability of losing your investment. It is advisable to avoid investing.
Is there a chance Purunsongnamu will recover?
The chances of recovery are very low. While the company is undergoing rehabilitation proceedings, the severe financial situation and delisting decision make recovery unlikely.