Making clothing brands and cosmetics, teaming up with influencers… Cosmax pushes deeper into the Chinese mainland
Predicted impact: Low
China expansion strategy feature; similar coverage already ran in recent days, no concrete figures.
Cosmax코스맥스
192820 · KOSPI · ₩192820 · 코스맥스
₩247,000▼ ₩1,000 (0.40%)End-of-day · Oct 30, 2026 · End-of-day prices.
Price · 1Y +22.28%
- Market cap
- ₩2.8T
- Enterprise value
- ₩3.7T
- P/E
- 15.2×
- P/B
- 4.3×
- Dividend yield
- 1.3%
- ROE
- 28.5%
- Net margin
- 6.9%
Trailing 12 months from filed financial statements, as of H1 2026. Dividend yield: the 2025 dividend per share from the annual report ÷ today's price.
52-week range−22.8% from the high
₩141,000Today: ₩241,500 – ₩256,000₩320,000
Returns
- 1W−9.4%
- 1M−7.5%
- 3M+33.7%
- 6M+17.3%
- YTD+51.5%
- 1Y+22.3%
- Volume today
- 120,366
- 1.1× the 20-day average
- Traded today
- ₩30B
- Listed shares
- 11,349,509
- EPS (12 months)
- ₩16,236
- Earnings yield 6.6%
AI research · InitiationCosmax: Earnings Recovery and a Sharp Share Price Rise, with Rising Leverage and Negative Free Cash FlowThe filed numbers show a clear recovery in revenue, margins and returns since 2022, and the share price has risen sharply alongside it.Read the full report →
Upcoming dates
Full calendar →🎁 Gift this stock
Send a friend ₩100,000 of paper money in this stock. They get it when they join.
Signals
Quiet- BuzzQuietBuzz 39 of 100 (50 is a normal day for this stock).
- SentimentMixedNews: Expansion news is upbeat, but the filings on borrowings and an amended report are routine. Community: 0 bullish, 0 bearish posts this week.
- MomentumWeak-11% over the last month; the price is below its 20-day average.
- News impactLow31 news items and filings in two weeks; 0 rated high impact, 0 medium.
- StreetSteady2 brokers, average target 56% from the price; last 30 days: 0 raised, 0 cut.
Signals describe activity, not recommendations. Not financial advice.
Leveraged ETF flows
Estimated leveraged-ETF rebalance on Oct 30: sell ₩514M at the close (1.8% of 20-day average trading value)
On its 23 biggest days of the last 60 (moves of 3%+), the estimated pressure averaged 1.1% of trading value and pointed the same way 14 of 23 times.
- 2× KODEX Leverage −₩249M
- -2× KODEX 200 Futures Inverse 2X −₩164M
- -1× KODEX Inverse −₩39M
- 2× TIGER 200IT Leverage −₩19M
- 2× TIGER Leverage −₩19M
Mostly via futures: index funds hedge with KOSPI 200 / KOSDAQ 150 futures, spread here over the index's largest members by market value.
Final after the close. An intraday "if the close were now" estimate needs real-time prices, which we don't have yet.
Estimate based on ETF size and daily moves; actual trades may differ.
ETFs holding this
All ETFs →Held by 32 funds.
- TREX 2000.1%
- WON 2000.1%
- ACE 2000.1%
- ACE 200 TR0.1%
- ACE Leverage2×0.1%
- DAISHIN K2000.1%
- FOCUS 2000.1%
- HANARO 2000.1%
Estimated from the funds' index or underlying stock.
Futures and options
All stock futures →Futures (2026-11): 245,000
Basis −0.81% · implied rate −22.8%
Open interest 10,359 contracts
Futures and options can lose more than you put in. Figures describe the market; they are not predictions or recommendations. Paper trading only.
Cosmax stock overview
Cosmax (코스맥스, KRX: 192820) is listed on KOSPI, in the Cosmetics sector. Cosmax is a South Korean cosmetics company that researches, develops, and manufactures cosmetics for other brands, operating mainly as an original development and design manufacturer (ODM) since its founding in 1992. Its shares closed at ₩247,000 on Oct 30, 2026, down 0.40% on the day, giving it a market value of ₩2.8T.
Key facts
- Market cap
- ₩2.8T
- Sector
- Cosmetics
- Latest price change
- −0.40%
- As of
- Oct 30, 2026
- Main business
- Cosmax is a South Korean cosmetics company that researches, develops, and manufactures cosmetics for other brands, operating mainly as an original development and design manufacturer (ODM) since its founding in 1992.
Quick answers about Cosmax
- What does Cosmax do?
- Cosmax is a South Korean cosmetics company that researches, develops, and manufactures cosmetics for other brands, operating mainly as an original development and design manufacturer (ODM) since its founding in 1992. Its main products include base makeup and color cosmetics, such as gel eyeliner and cushion foundation, supplied to domestic and global brand customers, including large international cosmetics groups. The company operates production facilities in South Korea, China, the United States, Indonesia, and Thailand, and exports products to about 100 countries.
- What is the market cap of Cosmax?
- The market capitalisation of Cosmax was ₩2.8T at the close on Oct 30, 2026.
- What is the analyst target price for Cosmax?
- The average target price of 2 brokers covering Cosmax is ₩386,500 (range ₩363,000 to ₩410,000), 56.5% above versus the latest price, based on each broker's latest public report within six months.
- Who are the largest shareholders of Cosmax?
- According to the latest official filings, the largest reported holders are Cosmax BTI (27.51%, as of Jul 3, 2025); National Pension Service (12.93%, as of Oct 6, 2026); NorgesBank (6.08%, as of Jun 25, 2026).
- When is the next earnings report from Cosmax?
- Korean companies rarely announce results dates in advance. Based on when Cosmax filed the same report in past years, its next 3q results is expected between Nov 13, 2026 and Nov 14, 2026.
- Does the National Pension Service own Cosmax?
- Yes. The National Pension Service held 12.85% of Cosmax shares as of Jul 1, 2026.
Company profile
Cosmax is a South Korean cosmetics company that researches, develops, and manufactures cosmetics for other brands, operating mainly as an original development and design manufacturer (ODM) since its founding in 1992. Its main products include base makeup and color cosmetics, such as gel eyeliner and cushion foundation, supplied to domestic and global brand customers, including large international cosmetics groups. The company operates production facilities in South Korea, China, the United States, Indonesia, and Thailand, and exports products to about 100 countries.
Written by AI from the company's latest annual report.
- Korean name
- 코스맥스
- Sector
- Cosmetics
- Themes
- K-beautyChina consumer
- CEO
- 최경, 이병만
- Founded
- Mar 2014
- Listed
- Apr 2014
- Listed shares
- 11,349,509
- Fiscal year ends
- Month 12
- Website
- www.cosmax.com
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Recent news
"Chinese sales of ₩1T by 2030"… Cosmax China makes a bold move to pull ahead in China's beauty market [Interview]
Predicted impact: Low
Interview with China unit stating ₩1T China sales goal by 2030; vague, long-term, not formal guidance.
"40 Billion Units a Year" Cosmax Takes Aim at TSMC-Like Ultra-Leadership in Cosmetics in Shanghai [On-the-Ground Report]
Predicted impact: Low
Recent filings
See all- Decision on Increase in Short-Term BorrowingsOct 29, 2026
- Amended: Half-year report (Jun 2026)Oct 29, 2026
- Investor relations (IR) eventOct 14, 2026
- Insider shareholding reportOct 6, 2026
- Investor relations (IR) eventSep 30, 2026
Titles in Korean until English translations are added.
Also known as: Cosmax / 코스맥스 / 192820 / KRX:192820
Source: KRX statistical information