Sewha P&C세화피앤씨

Sewha P&C is loss-making on a trailing basis after a sharp revenue and profit slide, and its shares have fallen steeply over the past year.

Sewha P&C, a Korean hair and body care company, reported a trailing twelve-month operating loss of ₩1.4B on revenue of ₩37.6B to the half-year of 2026, after a profitable 2024 and a small profit in 2025. The share price is ₩2,210, down 47.6% over one year, with a market capitalisation of about ₩18.3B and a DCF-based base value of ₩1,775 in the data provided.

What stands out

• Revenue fell 14.2% in 2025 to ₩37.6B, and the trailing figures show an operating margin of -3.8% against 6.2% in 2024.
• Net income turned negative on a trailing basis at -₩506M, while 2025 net income of ₩1.2B was flattered relative to operating income of ₩627M.
• The balance sheet shows cash of ₩1.8B and borrowings of ₩1.0B, with liabilities at 73% of equity; trailing free cash flow was positive at ₩779M.
• Foreign ownership eased from 6.2% to 5.5% over about 60 days, while retail and institutional investors were net sellers over the last 20 days.
• Filings in September and October 2026 include an extraordinary shareholders' meeting, independent director changes, and 5%+ holding and insider shareholding reports; no news headlines were supplied.

What to watch

• The next full-year and quarterly results, to see whether operating losses continue or the business returns to profit.
• The content of the recent 5%+ holding and insider shareholding reports, and any further ownership changes.
• The data does not include analyst ratings, price targets or forecasts, and the dividend yield is 0%, so the outlook is unclear from this information alone.