Zinitix지니틱스

Zinitix shares have fallen sharply over the past year, and recent filings show heavy losses, rising borrowings and a market cap below the exchange's ₩20B threshold.

Zinitix is a fabless chip designer with trailing twelve-month revenue of ₩34.8B but an operating loss of ₩8.0B and a net loss of ₩8.7B as of H1 2026. The stock closed at ₩1,064 on 2026-10-26, down 73.8% over one year, and its market cap of about ₩9.7B is well below its 2024 level.

What stands out

• Revenue fell 32.7% in 2025 to ₩36.4B after a strong ₩54.1B in 2024, and the company has posted operating losses in four of the last five full years.
• Trailing net margin is -25% and ROE is -57.3%, with free cash flow of -₩9.6B against cash of only ₩1.8B.
• Borrowings are ₩4.5B and liabilities are 102.4% of equity; an August 2026 filing lists a decision to increase short-term borrowings.
• Foreign ownership fell from 100% to 47.7% over the past 60 days, while retail investors were net sellers over the last 20 days.
• Filings include a share acquisition in another company (August 2026, later amended) and a notice that the company could be designated an administrative issue because its market cap is below ₩20B.

What to watch

• Whether the administrative issue designation is confirmed, which the filings say is a possibility tied to market capitalization.
• Terms, funding and effects of the short-term borrowing increase and the share acquisition, as shown in future filings.
• Next reported results; the data provided does not include any earnings guidance or forecasts.