Sunjin선진

Sunjin trades at a very low valuation after a sharp earnings swing, with first-half 2026 profit well below 2025's level.

Sunjin is a Korea-based livestock and food group focused on animal feed, meat products and pig farming. On trailing twelve-month figures to H1 2026 it reported revenue of about ₩2.05T, operating income of ₩183B and net income of ₩85B, with a 4.2% net margin. The share price of ₩10,240 sits in the lower part of its 52-week range of ₩8,370 to ₩13,950.

What stands out

• Trailing net income of ₩85B is well below 2025's ₩119B and 2023's ₩14B swing year, so earnings are volatile year to year.
• Valuation metrics are very low: P/E of 2.8, P/B of 0.4, and a 2% dividend yield, while the data's DCF model gives a wide range from ₩16,755 (bear) to ₩91,559 (bull) with a base of ₩43,736.
• Leverage is meaningful, with liabilities at 140% of equity, though the data shows cash of ₩231B and no reported borrowings.
• Share price returns are mixed: +7.9% over three months, +0.2% over one month and -1.2% over one year.
• Foreign ownership is steady at 7.6%, and 20-day flows show foreign and institutional net selling against net retail buying.

What to watch

• The next quarterly or annual filings, to see whether margins hold near the 8.9% trailing operating margin.
• Recent filings include a 5%+ holding report and related-party goods and services transactions, which may be worth reviewing in the filing text.
• The data contains no news headlines and no analyst coverage, so there is no independent commentary on the outlook.