CJ SeafoodCJ씨푸드

CJ Seafood is loss-making at the operating line over the last twelve months, and its shares have fallen sharply over the past year.

CJ Seafood, a Seongnam-based maker of fish cakes, grilled fish, fried tofu pouches and laver products, reported trailing twelve-month revenue of ₩200B with a small operating loss and a thin net profit as of H1 2026. Its shares closed at ₩1,798 on 19 October 2026, well below the 52-week high of ₩3,350, and the stock pays no dividend. Revenue has been roughly flat since 2024, while operating profit has swung from positive to negative.

What stands out

• Trailing operating income is about -₩0.5B on ₩200B of revenue (-0.2% margin), against a 2024 operating margin of 2.2%.
• Net income of about ₩1.8B is positive, but the filings do not explain the gap with the operating loss in the data provided.
• Free cash flow is negative at about -₩1.0B, and borrowings of ₩39.4B are large compared with cash of ₩1.8B.
• The shares trade at 36.8 times earnings and 0.7 times book value, with market capitalisation of about ₩64.6B.
• Foreign ownership has risen slightly to 2.2% from 1.8% about 60 days ago, while institutions and foreign investors were net sellers over the last 20 days and retail investors were net buyers.

What to watch

• The next quarterly or annual results, to see whether the operating loss continues.
• Filings on the shareholders' meeting, the change of representative director and the large business group status disclosure from August 2026.
• The two 'Delisting' filings dated 1 and 12 October 2026, whose scope is not described in the data; the data also shows a 9 July 2026 investment caution notice, and no news headlines were available to explain these.