Huvis휴비스

Huvis is still loss-making on a trailing basis, though operating profit has turned positive and the shares have fallen sharply over the past year.

Huvis, a Korean polyester fiber maker, reported trailing twelve-month revenue of ₩889B and a small operating profit of ₩14B to H1 2026, but a net loss of ₩12B. Its balance sheet is heavily leveraged, with borrowings of ₩205B against cash of ₩19B and liabilities at 223% of equity. The share price closed at ₩1,792 on 2026-10-26, down 35.9% over one year.

What stands out

• Operating margin is 1.6% on a trailing basis, up from losses of -4.1% in 2024 and -7.7% in 2023, while 2025 was the only recent year with a clear net profit of ₩2.3B.
• Trailing free cash flow is negative at about -₩1.2B, and the net loss of about -₩12B means the company is not yet earning a return on equity (-5.1%).
• Valuation metrics are low on book value (P/B about 0.2) and EV/EBITDA is 6.7, but trailing P/E is not meaningful because earnings are negative.
• Foreign ownership is small at 1.6%, up slightly from 1.5% sixty days earlier, and the 20-day flows show foreign buying against domestic retail selling.
• Recent news covers an award for a recycled automotive interior fiber, and the filings list is routine, including an amended 2025 annual report filed twice in 2026.

What to watch

• The next quarterly or half-year results, to see whether operating profit holds and the trailing net loss narrows.
• Debt levels: borrowings of about ₩205B against modest cash could matter if refinancing or interest costs rise; the data does not show debt maturities.
• Reasons for the two amendments to the 2025 annual report, which the data does not explain.