Shinsegae: Sharp Three-Month Share Price Drop Follows Strong Year, While Profit Recovers in 2026

Thesis

The data shows a large swing in the share price: a 52-week range of ₩170,200 to ₩792,000, with the current price well below the high. The price is 48.6% lower than three months ago, but the data does not say why, and the single news headline available concerns an affiliate and does not explain the move.

Earnings support a recovery story. Trailing operating income of ₩637.2B is above every full year shown except the 2022 and 2023 levels, which were ₩645.4B and ₩639.8B. Net income is only 2.3% of revenue, so the gap between operating and net profit is large. The data does not break down the reasons, so that gap stays unexplained.

Investor flows, foreign ownership and short balance data are not available, so the data cannot show who was buying or selling during the decline.

Business overview

Shinsegae is a KOSPI-listed company in the Retail & Trade sector, founded on 1955-12-09 and listed on 1985-08-19. It has 9,645,181 listed shares and a market capitalisation of about ₩2.9T. The CEO is listed as 박주형.

Revenue was ₩6.3T in 2021, peaked at ₩7.8T in 2022, fell 18.6% to ₩6.4T in 2023, then grew 3.4% in 2024 and 5.5% in 2025 to ₩6.9T. Trailing revenue as of H1 2026 is ₩7.2T. The data does not give a segment breakdown.

Model estimate of fair value

The valuation model has no estimate for this company yet (not enough data, or no positive value with the base case).

Report history

1. Oct 13, 2026Update noteEarningsShinsegae Reports September 2026 Preliminary Sales Up 9.1% Year on Year
2. Oct 13, 2026InitiationShinsegae: Sharp Three-Month Share Price Drop Follows Strong Year, While Profit Recovers in 2026