GS HoldingsGS

GS Holdings trades near ₩88,100 after a sharp one-month fall, with trailing profit steady but the stock far below its 52-week high.

GS Holdings is a holding company whose earnings come mainly from its stakes in GS Energy and GS Retail. On the trailing twelve months to H1 2026 it reported revenue of ₩27.3T, operating income of ₩4.6T and net income of ₩2.3T, well above its 2025 full-year net income of ₩0.8T. The share price is down 20.3% over one month but up 80% over one year.

What stands out

• Trailing operating margin is 17% and net margin 8.6%, compared with 11.7% operating margin for full-year 2025.
• Valuation metrics are low: P/E 3.5, P/B 0.5, with a 3.4% dividend yield, against a 52-week range of ₩46,100 to ₩133,200.
• Borrowings of ₩8.3T exceed cash of ₩1.6T, and liabilities are 80% of equity.
• Foreign ownership rose slightly to 21% from 20.4% sixty days earlier, while retail and institutional investors were net sellers over the last 20 days.
• Recent filings are mostly shareholding changes and securities registration statements; no news headlines were provided in the data.

What to watch

• Upcoming full-year 2026 results and whether the strong trailing profit holds up in the second half.
• Further filings on largest shareholder holding changes and the securities registration statements, which may signal new share issuance.
• Debt levels relative to cash, and the performance of GS Energy and GS Retail, which drive most of the company's income.