CJ CheiljedangCJ제일제당

CJ Cheiljedang's trailing profits have turned to a net loss as revenue and operating margins have slipped, while the shares have fallen sharply over the past year.

On trailing twelve months to H1 2026, revenue was about ₩27.4T with operating income of ₩1.0T (3.8% margin) but a net loss of about ₩679B, and borrowings of ₩10.2T are large relative to cash of ₩889B. The share price closed at ₩169,900 on 2026-10-26, near its 52-week low of ₩169,000 and well below its high of ₩252,000, with a 26.9% fall over one year.

What stands out

• Operating margin has narrowed from 5.8% in 2021 to 3.8% on a trailing basis, and the company recorded a net loss in 2025 and in the trailing period.
• Liabilities are 160.4% of equity and ROE is -8.9%, so the balance sheet carries significant debt.
• Foreign ownership fell from 15.5% to 12.3% over the last 60 days, while retail investors were net sellers of about ₩33B over 20 days.
• Recent news focuses on the Hetbahn rice brand, which the company says it aims to grow to ₩1.5T in sales by 2028, and a Korean Food Festa event.
• The data shows a dividend yield of 3.5%, but P/E is not meaningful because earnings are negative.

What to watch

• Full-year 2026 results: an advance earnings notice was filed on 2026-10-19, so the detailed figures should be checked when released.
• Progress on debt levels and cash generation, since borrowings far exceed cash in the data provided.
• Filings on major management matters and related-party transactions, which appeared in recent disclosures.