STXSTX

STX is changing hands and reshaping its board after a rehabilitation period, while its filed results show heavy losses and falling revenue.

STX's largest shareholder changed on 2026-10-14 to Beomhan Industrial, which agreed to acquire a 94.89% stake, and the company has announced a board overhaul aimed at management reform. Filed results for the trailing twelve months to H1 2026 show revenue of ₩407B, an operating loss of ₩77B and a net loss of ₩244B, with borrowings of ₩313B against cash of ₩27B. The data does not include any outlook or guidance from the company.

What stands out

• Revenue has fallen for three straight years, from ₩1.19T in 2022 to ₩641B in 2025, and trailing revenue to H1 2026 is ₩407B.
• Operating income has been negative in every year shown from 2022 to 2025, and the trailing operating margin is -18.8%.
• Net losses are much larger than operating losses in the trailing figures, at ₩244B, and the trailing ROE is 309.1% because equity is very small.
• Shares trade at ₩3,530, with a market cap of about ₩109B and an enterprise value of about ₩373B; P/E is not meaningful given the losses, and the data shows no dividend.
• Foreign ownership is 2.2% and unchanged over 60 days, and the 20-day flows show retail net selling of about ₩385M against foreign net buying of about ₩370M.

What to watch

• Completion details of the Beomhan Industrial share acquisition and the new board composition announced in the recent filings.
• The shareholders' meeting and record date notices filed on 2026-10-20, which may include agenda items.
• The Material Improvement Plan filed on 2026-10-15 regarding listing eligibility review, which the data identifies as a named risk; the data does not describe its terms or timing.