Showbox쇼박스

Showbox's trailing revenue has recovered to about ₩178.6B, but profit is barely positive and the shares have fallen sharply over the past year.

Showbox is a Korean film and drama company that makes money from film distribution, production planning and selling content rights to domestic broadcasters, streaming platforms and overseas buyers. On a trailing twelve-month basis to H1 2026 it reports revenue of ₩178.6B and operating income of ₩29.4B, but net income is only ₩0.8B, and the share price is down 31.1% over one year to ₩1,827. The data does not include analyst ratings, forecasts or fair value estimates.

What stands out

• Trailing operating margin is 16.5%, but net margin is just 0.4%, so most operating profit did not reach shareholders in the period.
• Full-year 2025 was loss-making, with revenue down 32.6% to ₩62.7B and an operating loss of ₩11.7B, after a strong 2024 with revenue of ₩93.1B.
• The balance sheet shows liabilities at 73.8% of equity and cash of ₩18.7B, with no borrowings reported.
• Valuation markers are mixed: P/E is 149.5 on trailing earnings, while P/B is 0.8 and EV/EBITDA is 3.2, with no dividend.
• Filings in 2026 include a half-year report, preliminary consolidated earnings, and a sales contract termination amended on 30 June 2026.

What to watch

• The next quarterly or annual results, to see whether operating profit converts into net income.
• Any further filings on contract terminations or changes to content sales, since revenue has swung widely year to year.
• Share price trading near the 52-week low of ₩1,688 compared with a high of ₩3,200; the data does not explain the cause of the decline, and no recent news headlines were available.