KC Green HoldingsKC그린홀딩스

KC Green Holdings is loss-making with heavy debt pressure, and recent filings point to creditor bank procedures at a subsidiary.

The holding company reported a trailing twelve-month net loss of ₩42.0B on revenue of ₩66.8B to H1 2026, with an operating loss and a net margin of -62.9%. Its share price closed at ₩756 on 2026-10-23, with a market capitalisation of about ₩17.6B and a price-to-book ratio of 0.2. Recent filings describe creditor bank workout and management procedures at a subsidiary, along with collateral provided for third parties.

What stands out

• Revenue fell sharply: the 2025 annual figure was ₩86.0B against ₩421.1B in 2024, a drop of 79.6%, and TTM revenue is ₩66.8B.
• Losses persist at the operating and net levels; TTM operating income is -₩1.6B and net income is -₩42.0B, with ROE at -31%.
• Balance sheet indicators show liabilities at 54.3% of equity, with cash of ₩17.1B against borrowings of ₩4.4B, and TTM free cash flow of ₩5.4B.
• The August 2026 half-year review report carried an adverse opinion, disclaimer of opinion, or complete capital impairment, as stated in a filing title.
• Trading is thin: 20-day investor flows show retail net buying of about ₩291M, institutions net selling of about ₩273M, and foreign ownership is 0.8%.

What to watch

• Creditor bank workout and management procedures at a subsidiary, and any updates or amendments to those filings.
• Collateral provided for third parties and the transfer of equity securities of another company, as described in recent filings.
• The fair value model in the data gives a base of ₩2,160, bear ₩1,440 and bull ₩3,025, but the data does not explain its assumptions, and the 52-week high and low are not available.