E-World이월드

E-World's shares have fallen sharply over the past year, while recent filings and news centre on a shift toward AI and data businesses.

E-World runs the Idle World amusement park in Daegu and a LLOYD-brand jewelry business, with jewelry making up about 64% of latest-year revenue. Trailing results to H1 2026 show revenue of about ₩98.1B, a small operating profit of ₩1.6B, and a net loss of about ₩19.6B, with borrowings of ₩137.1B. The share price closed at ₩2,180, down 69.4% over one year, and the company's recent headlines focus on a stake increase in Sky Intelligence, a synthetic data company.

What stands out

• Net income has been negative in every year shown from 2021 to 2025 and in the trailing H1 2026 figures, while operating income has swung between small profits and losses.
• Revenue fell 18.2% in 2025 to about ₩88.7B, after a 5.9% decline in 2024, so the top line has been shrinking.
• Borrowings of ₩137.1B against cash of ₩2.5B and a liabilities-to-equity ratio of 89.3% show a heavily leveraged balance sheet.
• Valuation metrics are low: price-to-book about 0.3 and price-to-sales about 0.6, with no dividend. The data does not explain the reason for the low multiples.
• Recent headlines report that the affiliated company Skyworld Wide raised its stake in Sky Intelligence to 66.9%, and recent filings include several shareholder and insider reports plus a change of representative director on 2 September 2026.

What to watch

• The next periodic results and whether the operating profit holds positive while the net loss persists.
• Progress on the Sky Intelligence stake and any effect it has on E-World's own business, which the data does not describe.
• Further filings on major shareholder holdings and the leadership change, as well as the company's ability to manage its ₩137.1B in borrowings.