Shinpoong신풍

Shinpoong's trailing revenue is about ₩24.9T, but operating losses persist and the shares are down about 21% over the past month.

Shinpoong is a Korean paper and packaging distributor with a small food and beverage business and a few other subsidiaries. Over the last twelve months to H1 2026 it posted about ₩24.9T revenue and a net profit of about ₩8.7T, but operating income was negative at about -₩2.1T, so the profit looks non-operating or one-off in nature, and the data does not explain its source. The stock closed at ₩1,007 on 2026-10-19, well below its 52-week high of ₩1,471.

What stands out

• Operating income has been negative in every year from 2021 to 2025 and in the trailing period, while net income was positive in 2025 and H1 2026, which the data does not explain.
• Trailing net margin of 34.9% sits against an operating margin of -8.5%, a gap that stands out and needs checking in the filings.
• Cash of about ₩9.2T and no listed borrowings are reported, with trailing free cash flow of about ₩3.5T.
• The shares trade at a reported P/E of 4.1 and P/B of 0.4, with no dividend yield, while the stock is down 21.9% over one year.
• Recent filings include a share buyback decision, a cash dividend decision later amended, and two exchange inquiries about news reports or price moves; the data contains no news headlines.

What to watch

• The next half-year or annual results, to see whether the gap between operating losses and reported net profit persists.
• Outcome of the September 2026 exchange inquiry and any further filings on the buyback or dividend.
• Foreign ownership is only 2.3% and unchanged over 60 days, and the data gives no analyst views or forecasts.