LX SemiconLX세미콘

LX Semicon's profits have shrunk sharply since 2021, and the shares have fallen about 46% over the past year.

LX Semicon, a Korean chip-design and semiconductor company listed on KOSPI, reported trailing twelve-month revenue of about ₩1.57T and operating income of about ₩82B to H1 2026, down from peaks in 2021 and 2022. The shares closed at ₩31,400 on 28 October 2026, near the lower end of their 52-week range, and the stock trades at a trailing P/E of 8.8 and P/B of 0.5. The company profile was not included in the data, so the business description here is limited to what the financials and filings imply.

What stands out

• Revenue fell 12.1% in 2025 to about ₩1.64T, and operating margin dropped from 19.5% in 2021 to 6.6% in 2025, with trailing margin at 5.2%.
• Trailing net income of about ₩58B and free cash flow of about ₩92B are positive, while cash of about ₩46B exceeds borrowings of about ₩5.1B.
• The balance sheet looks conservative, with liabilities at 27.2% of equity and the company paying no dividend.
• Valuation metrics look low against the DCF base value of ₩114,786, but the bear case of ₩81,141 sits well above the current price, which is a model output and not a forecast.
• Foreign ownership edged up to 29.9% from 29.5% over 60 days, while foreign investors sold about ₩6.0B over the last 20 days and retail investors bought about ₩5.6B.

What to watch

• The advance notice of 2026 full-year earnings was filed on 29 October 2026, so the full results and their margins are the next key data point.
• Revenue and margin trends in the semiconductor cycle, since profits have fallen across the last several years.
• No recent news headlines were included, so any company-specific developments beyond the filings are not visible in this data.