HYUNGJI Innovation and Creative형지I&C

Hyungji I&C remains loss-making with heavy share price declines and a market cap of about ₩6.2B, so the data points to serious financial strain.

HYUNGJI Innovation and Creative is a Korean apparel company with its own brands sold through department stores, outlets, street shops, dealers and online. On trailing twelve months to H1 2026 it reported revenue of about ₩51.4B, an operating loss of about ₩5.5B and a net loss of about ₩8.1B, with negative free cash flow. The shares closed at ₩877 on 2026-10-19, down 87.3% over one year.

What stands out

• Revenue has fallen from ₩70.5B in 2022 to ₩50.8B in 2025, and operating losses have continued in 2024 and 2025.
• Trailing borrowings of about ₩3.8B exceed cash of about ₩2.8B, and liabilities are 75.3% of equity.
• Recent filings include administrative issue stock designation concerns tied to a share price below ₩1,000 and market cap below ₩20B, plus a delisting filing dated 2026-09-23.
• Foreign ownership is 0% and the 20-day foreign flow is negative, while retail flow is positive.
• A news item from 2026-10-13 says the company targets ₩21B in Q4 sales and aims to improve earnings through online and offline growth; the data does not show a forecast for profit.

What to watch

• The delisting filing from 2026-09-23 and any follow-up on listing status, which the data does not explain in detail.
• Whether the administrative issue stock designation is confirmed, given the share price and market cap concerns.
• Q4 2026 sales against the ₩21B target and whether operating losses narrow, since the data contains no earnings forecast.