SJ Group에스제이그룹

SJ Group's trailing results have swung to heavy losses, and the shares have risen 30% over the past month after falling 45% over the past year.

SJ Group sells fashion brands such as KANGOL and HELEN KAMINSKI through department stores, malls, duty-free shops and online, and outsources all manufacturing. Over the trailing twelve months to H1 2026 it reported revenue of ₩150B, an operating loss of ₩12.7B and a net loss of ₩9.0B, with negative free cash flow. Its market value is about ₩19.6B, and the filings list a warning that it could be designated as an administrative issue because its market capitalisation is below ₩20B.

What stands out

• Revenue has fallen for two years running, from about ₩204B in 2023 to ₩163B in 2025, and trailing revenue is about ₩150B.
• The company has moved from profit in 2021 to 2023 to losses in 2024 and 2025, and the trailing operating margin is -8.5%.
• Cash of about ₩20.9B is reported with no borrowings listed, while liabilities are 74.7% of equity.
• The August 2026 filing flags possible administrative issue designation because market capitalisation is below ₩20B.
• Foreign ownership fell from 7.2% to 5.2% over the last 60 days, while the 20-day flows show net selling by retail and foreign investors and net buying by institutions.
• The share price closed at ₩2,115, far below the 52-week high of ₩14,800, and the base-case DCF fair value in the data is ₩16,749.

What to watch

• Whether the exchange confirms or rejects the administrative issue designation tied to the sub-₩20B market value.
• The next results and filings, including progress on the October 2026 buyback trust contract, and whether losses narrow.
• No news headlines were provided, so recent developments beyond the filing titles are not covered in this data.