Asiana IDT아시아나IDT

Asiana IDT's trailing earnings are steady and the shares look cheap on paper, but revenue has been flat and the stock is down 21% over a year.

Asiana IDT is a Korean IT services firm, mostly doing application and infrastructure operation and maintenance for clients in aviation, airports, logistics and finance. For the twelve months to H1 2026 it reported revenue of about ₩178.7B, operating income of ₩9.9B and net income of ₩14.0B, with a low debt load and a 5.5% dividend yield at the latest close of ₩9,150. The data shows no borrowings and a 0.6 price-to-book ratio, but it does not include any analyst ratings or forecasts.

What stands out

• Revenue was flat in 2025 at about ₩194.1B, following 3% growth in 2024, while the operating margin rose to 6.2% from 4.8%.
• Trailing net income of ₩14.0B is well above trailing operating income of ₩9.9B, and the filings in the data do not explain the gap.
• The company reports cash of ₩13.8B, no borrowings and liabilities at 19.9% of equity, which the data presents as a conservative balance sheet.
• The stock is 21.3% lower over one year and trades near the bottom of its 52-week range (₩8,610 to ₩12,880), with a 1-month return of 0.8%.
• Foreign ownership fell from 0.8% to 0.7% over 60 days, while retail investors were net sellers over the last 20 days.

What to watch

• Results of the contract filings from mid-September 2026, since the data gives only titles and not contract values.
• The two serious accident disclosures from May and July 2026, whose impact is not described in the data.
• Whether the 2026 full-year results keep margins above the 2025 level, as the data has no forward estimates.