Panentertainmentco팬엔터테인먼트

Panentertainmentco is still loss-making on a trailing basis, and its share price has fallen sharply over the past year.

Panentertainmentco, a Seoul-listed drama producer with music, film, artist management and leasing activities, reported trailing twelve-month revenue of ₩35.8B to H1 2026 but an operating loss of ₩1.9B and a net loss of ₩6.1B. The shares closed at ₩987 on 2026-10-19, down 51.3% over one year and near the lower end of their 52-week range of ₩915 to ₩2,155. The data does not include any news headlines for the period.

What stands out

• Trailing operating margin is -5.2% and net margin is -16.9%, after a 2025 operating loss of ₩3.5B and net loss of ₩7.7B.
• Revenue was ₩123.8B in 2023 but has since fallen back to about ₩35B, so the 2023 spike has not been sustained.
• The balance sheet shows cash of ₩5.4B against borrowings of ₩2.0B, with liabilities at 83.2% of equity.
• Trailing free cash flow is positive at ₩9.5B despite the losses, and the company pays no dividend.
• Price-to-book is 0.4 and price-to-sales is 0.8, well below the peer group shown, while the DCF base value of ₩943 is close to the current price. Foreign ownership fell from 3.7% to 3.0% over 60 days.

What to watch

• The next half-year and quarterly results, to see whether the operating loss narrows from the trailing figures.
• Further filings on the buyback trust and exchangeable bond activity, which the recent filing list shows.
• Whether the company's drama production pipeline and contracts can restore revenue closer to its 2023 level; the data does not give any forward guidance.