Coreana Cosmetics코리아나

Coreana Cosmetics remains loss-making on trailing results, and its shares have fallen sharply over the past year.

Coreana Cosmetics sells skincare, makeup, hair and body care and health foods through direct sales, retail, online, overseas channels and its own shops. Trailing results to H1 2026 show revenue of about ₩71.7B with an operating loss of about ₩4.5B and a net loss of about ₩9.0B. The share price closed at ₩1,194 on 2026-10-26, with a market value of about ₩47.8B and a 52-week range of ₩1,150 to ₩3,055.

What stands out

• Revenue has declined for several years, from ₩87.1B in 2021 to ₩73.7B in 2025, and the trailing figure is lower still.
• The business moved from small operating profits in 2022 to 2024 into operating losses in 2025 and in the trailing period.
• Trailing free cash flow is negative at about ₩-1.6B, while cash of about ₩8.4B exceeds borrowings of ₩1.0B.
• The DCF fair value model gives a base value of ₩73, well below the current price, and a bull value of ₩544; the data does not explain these inputs in detail.
• Foreign ownership is small at 3.3% and rose slightly over 60 days, while 20-day retail investors were net sellers.

What to watch

• Full-year 2026 results and whether losses narrow from the trailing H1 2026 level.
• The amended half-year report filed on 2026-10-01 and any further revisions to the filings.
• Frequent 5%+ holding reports in recent months; the data does not say what drove them.