Daehyun대현

Daehyun is a small Korean women's apparel company that is profitable on a trailing basis but has shrinking sales and a share price down about 20% over the past year.

Daehyun sells women's apparel brands such as CC Collect, Joot and Mojo mainly in South Korea through department stores, franchises and its own channels. Trailing revenue to H1 2026 was about ₩244B, with operating income of about ₩10.4B and net income of about ₩11.6B, and the balance sheet shows low leverage with cash of about ₩33B and no borrowings reported. Revenue has fallen in each of the last four years shown, from ₩319B in 2022 to ₩241B in 2025.

What stands out

• Annual revenue fell from ₩319B in 2022 to ₩241B in 2025, and operating margin dropped from 9.5% to 2.9% over the same period.
• Trailing operating margin is 4.2% and net margin is 4.8%, with net income above operating income, which the data does not explain.
• The stock closed at ₩1,418, near the 52-week low of ₩1,369 and well below the high of ₩1,900, with a one-year return of -19.9%.
• Valuation metrics are low (P/E 5.4, P/B 0.2) and the dividend yield is 5.6%; the data gives a DCF base value of ₩4,713, but this is a model output, not a forecast or recommendation.
• Foreign ownership eased slightly to 6.3% from 6.5% sixty days earlier, and there is no short-selling balance reported; recent news headlines list is empty.

What to watch

• The next quarterly or half-year results, to see whether revenue stabilises after several years of decline.
• Follow-up to the August 2026 filings on changes in the largest shareholder's holdings and insider shareholding reports.
• Whether the trailing margins hold, since the annual operating margin in 2025 was much lower than the trailing figure.