LG HelloVisionLG헬로비전

LG HelloVision shares have fallen sharply over the past year, while the company is still profitable at the operating line but loses money after interest and other items.

The company, a Korean media and cable TV operator, reported trailing twelve-month revenue of about ₩1.10T and operating income of about ₩9.2B for the half year to H1 2026, but a net loss of about ₩4.3B. Its share price closed at ₩1,474 on 2026-10-13, down 42.9% over one year and near its 52-week low of ₩1,435.

What stands out

• Operating income fell from ₩18.7B in 2025 to about ₩9.2B on a trailing basis, and the operating margin is thin at about 0.8%.
• Net income swung from a ₩1.8B profit in 2025 to a trailing net loss of about ₩4.3B, with ROE of -1%.
• Borrowings of about ₩480B exceed cash of about ₩164B, and liabilities are about 172% of equity.
• Free cash flow is positive at about ₩34B on a trailing basis, which the data does not explain further.
• Price-to-book is about 0.2 and EV/EBITDA about 4.9, but P/E is not meaningful because earnings are negative on a trailing basis; no dividend is paid.

What to watch

• The Q3 2026 quarterly report and any further preliminary earnings releases, to see whether operating profit holds up.
• Debt levels versus cash, given the leverage ratio and the large gap between borrowings and cash in the data.
• Foreign ownership and investor flow figures are not available in the data, so their trend cannot be assessed.