Kyungnong경농

Kyungnong's trailing results are steady but thin-margin, and the shares sit near the lower end of their 52-week range.

Kyungnong, a Korean crop protection and fertilizer group, reported trailing twelve-month revenue of ₩364B and operating income of ₩26B to H1 2026, with a 7.3% operating margin. Both revenue and operating income are below its 2025 full-year levels, and the shares closed at ₩8,830, down 7.7% over one year. Recent filings center on a merger decision and 5%+ holding reports, while the data contains no recent news headlines.

What stands out

• Trailing net income of ₩15B and ROE of 5.6% are below the 2025 full-year figures of ₩18.6B and 7.2%.
• Balance sheet shows borrowings of ₩166B against cash of ₩9B, with liabilities at 76% of equity.
• The share price is ₩8,830, closer to the 52-week low of ₩8,550 than the high of ₩11,900.
• Shares trade at about 11.5x earnings and 0.6x book, with a 7.9% dividend yield per the data.
• Foreign ownership fell from 1.1% to 0.7% over the past 60 days, while retail investors were net buyers over 20 days.

What to watch

• A merger decision was filed on 2026-10-15 and amended on 2026-10-21; the data does not explain its terms, so the filings should be reviewed for details.
• The model's DCF base value is ₩11,449 against the current price, but the bear case is ₩973 and the bull case ₩33,316, showing a very wide range of outcomes.
• Full-year 2026 results have not yet been filed, and the data does not include any analyst forecasts.