Lotte Himart롯데하이마트

Lotte Himart is loss-making on a trailing basis, with revenue shrinking and the share price down sharply over the past year.

Lotte Himart is a Korean electronics specialty retailer with 296 stores and online sales, and it is still generating large revenue, about ₩2.26T on a trailing basis to H1 2026. Trailing operating income is slightly negative at about -₩3.6B and net income is about -₩24.6B, so the business is not currently profitable. The share price closed at ₩5,740 on 2026-10-26, well below its 52-week high of ₩10,120.

What stands out

• Trailing revenue of about ₩2.26T is below the 2025 level of about ₩2.30T and well below 2021's ₩3.87T.
• Operating margin has moved from 2.8% in 2021 to a small loss on a trailing basis (-0.2%), after a slim 0.4% profit in 2025.
• Borrowings of about ₩442B exceed cash of about ₩114B, and liabilities are 106.5% of equity.
• Trailing free cash flow is positive at about ₩160B, even though net income is negative.
• The company lists a 5.2% dividend yield and a price-to-book ratio of about 0.1, but the data gives no P/E because earnings are negative.
• Recent headlines focus on consumer-facing services such as a repair and management program and autumn moving-season promotions; the data gives no details on their financial impact.

What to watch

• The next earnings results and whether operating income turns sustainably positive, since the trailing figures are near break-even.
• Debt levels against cash, given borrowings of about ₩442B and high leverage relative to equity.
• Foreign ownership has eased to 2.6% from 2.8% over 60 days and foreign investors were net sellers over the last 20 days; the data does not explain why.