Ananti아난티

Ananti's share price has fallen sharply over the past year and its trailing results show losses, though it still trades below book value.

Ananti runs leisure platforms in South Korea covering golf, hotels and resorts, and it is developing more resort properties on Jeju Island. Trailing twelve-month results to H1 2026 show revenue of ₩241B, an operating loss of about ₩0.8B and a net loss of about ₩29.7B, with borrowings of ₩629B against cash of ₩56B. The share price closed at ₩4,120 on 2026-10-20, down 58% over one year and 20.3% over one month.

What stands out

• Trailing revenue of ₩241B is down from ₩897B in 2023 and ₩258B in 2025, and the company moved from a large 2023 profit to net losses in 2024 and 2025.
• Trailing operating margin is about -0.3% and net margin about -12.3%, so losses are coming from more than core operations.
• Liabilities are 116% of equity and trailing free cash flow is about -₩26B, a sign of financial strain.
• Price-to-book is 0.6 and there is no meaningful P/E because earnings are negative; the dividend yield is 0%.
• Recent filings include several debt guarantee decisions in September 2026 and a convertible bond issue in July 2026.

What to watch

• The next quarterly or annual results, and whether losses narrow from the trailing figures.
• Further debt guarantee filings and the terms and timing of the convertible bond issued in 2026, given the high borrowings.
• Progress on the Jeju resort developments, which the profile names but the data does not quantify.