BIXOLONCo빅솔론

BIXOLON posted a strong first half of 2026 on a trailing basis, with profits well above 2025, while the share price has fallen over the last three months.

BIXOLON, a KOSDAQ-listed maker of industrial printers such as POS, mobile and label printers, reports trailing twelve-month revenue of about ₩157B with operating income of about ₩28B and net income of about ₩28B as of H1 2026. The shares closed at ₩7,830 on 27 October 2026, roughly ₩150B in market value, and sit well below their 52-week high of ₩9,870 but above the low of ₩5,640.

What stands out

• Trailing revenue of ₩157B is up from ₩133B for full-year 2025, and operating margin of 18% compares with 11.9% in 2025.
• Net income on a trailing basis (about ₩28B) is above full-year 2025 net income of about ₩18B, though 2025 itself included a large drop in net income versus 2021.
• The stock trades at about 5.3 times earnings and 0.7 times book value, and the data shows a 4.2% dividend yield.
• Balance sheet looks light: liabilities are 19.5% of equity, cash is about ₩36B against borrowings of about ₩3.9B, and trailing free cash flow is about ₩12B.
• Foreign ownership fell from 10.5% to 9.3% over about 60 days, and 20-day flows show net selling by foreign and retail investors and small net buying by institutions.
• Filings include several 5%+ holding reports and insider shareholding reports in 2026, plus a corporate value-up plan from March 2026; no news headlines were in the data.

What to watch

• The Q3 2026 quarterly report, since the data only covers results up to the half-year report filed 13 August 2026.
• Further 5%+ holding reports and insider shareholding filings, given recent changes in ownership and the foreign share decline.
• Whether the trailing margin holds, since 2025 margins were much lower and the data does not explain the swing or give a forecast.