CammSys캠시스

CammSys trades far below its 52-week high after a loss-making 2025, though its half-year 2026 operating result turned slightly positive.

CammSys makes small camera and biometric sensor modules, with Samsung Electronics accounting for about 96.8% of consolidated sales. Trailing twelve-month revenue is ₩500B with a small operating profit of ₩4.1B, but net income is still negative at -₩1.8B. The share price is ₩4,990, down 74.2% over the past year, and the company is in the middle of share cancellation and insider holding filings.

What stands out

• Operating income was negative in 2025 (-₩11.3B) and 2024 (-₩11.7B), and only turned slightly positive on a trailing basis to H1 2026 (₩4.1B, 0.8% margin).
• Net income remains negative on a trailing basis (-₩1.8B), and ROE is -2.2%.
• Balance sheet: cash of ₩22.8B against borrowings of ₩13.6B, with liabilities at 146.6% of equity.
• Valuation metrics are low on a book basis (P/B 0.3, P/S 0.1), but P/E is not meaningful because earnings are negative, and no dividend is paid.
• Recent filings include a share cancellation decision (Oct 12), a trading halt (Oct 6), and a conversion price adjustment (Aug 25); the Oct 13 news headline says the company is cancelling all treasury shares while pursuing an AI vision business.

What to watch

• Whether the trailing operating profit holds in the next full-year results, given losses in 2024 and 2025.
• The reason for the October trading halt and the outcome of the share cancellation, which the data does not explain in detail.
• Customer concentration: Samsung Electronics is about 96.8% of sales, and the data does not show other major customers.