Shinsung E&G신성이엔지

Shinsung E&G shows thin margins and net losses in the latest filings, with the share price down over the past year.

Shinsung E&G makes clean room equipment for chipmakers and displays and also runs a solar module and inverter business. Trailing revenue to H1 2026 was about ₩666.7B, but operating margin was only 0.6% and the company posted a net loss of about ₩4.6B. Borrowings of about ₩221.7B are large relative to cash of about ₩22.2B.

What stands out

• Trailing twelve-month operating income was about ₩4.0B and net income was a loss of about ₩4.6B, with ROE at -2%.
• Liabilities are about 194% of equity, and the data shows borrowings of about ₩221.7B against cash of about ₩22.2B.
• Net losses appeared in 2021, 2024 and 2025, while 2022 and 2023 were profitable.
• The share price closed at ₩14,920 on 2026-10-23, down 14.3% over one year, against a 52-week high of ₩49,700.
• Recent headlines focus on the company showing AI data center and integrated solutions at Data Center Korea 2026 and SEMICON Korea.

What to watch

• The next half-year or annual results and whether operating profit turns into net profit given high borrowings.
• Filings on the largest shareholder's holdings and 5%+ holding reports, which appeared frequently in October 2026.
• Foreign investors held 0% of shares in the data, and the 20-day flows show net foreign selling of about ₩4.2B; the data does not give a reason.