` 022220 (TKG Aikang Co Ltd) vs KOSPI 200 Comparison - Alpha Spread

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022220
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KOSPI 200

Over the past 12 months, TKG Aikang Co Ltd has underperformed KOSPI 200, delivering a return of +1% compared to KOSPI 200's +125% growth.

Stocks Performance
022220 vs KOSPI 200

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022220
KOSPI 200
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Performance Gap
022220 vs KOSPI 200

Performance Gap Between 022220 and KOSPI200
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Performance By Year
022220 vs KOSPI 200

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022220
KOSPI 200
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Competitors Performance
TKG Aikang Co Ltd vs Peers

KOSPI 200
022220
TT
JCI
CARR
ASSA B
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TKG Aikang Co Ltd
Glance View

Market Cap
42.5B KRW
Industry
Building

TKG Aikang makes footwear for other brands. It takes the job of turning shoe designs into finished products, mainly for large global sportswear and casual-footwear companies. Instead of relying on a house brand, it sells manufacturing capacity, materials management, and production know-how to brand owners that want reliable factory output. Its customers are usually shoe brands, trading companies, and other apparel companies that outsource production. The company makes money by charging for the shoes it manufactures, so its revenue depends on how much work its customers place with its factories and how efficiently it can produce to spec. That makes it a contract manufacturer, not a retailer. What makes this business model different is that TKG Aikang sits in the supply chain between the brand owner and the consumer. It does not control the retail shelf or the brand image; instead, it competes on manufacturing quality, delivery reliability, and the ability to produce at scale in lower-cost manufacturing locations.

TKG Aikang Co Ltd Intrinsic Value
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