GIS지아이에스

GIS shows a thin operating profit and a net loss over the trailing twelve months, with the share price down about 20% over the past year.

GIS, a Korean machinery and automation company listed on KOSDAQ, reported trailing twelve-month revenue of ₩92B to H1 2026 with a 5.4% operating margin but a net loss of ₩3.6B. Its liabilities are about 2.3 times equity and borrowings are ₩48B against cash of ₩11B, while the shares closed at ₩1,599 on 2026-10-23, well below the 52-week high of ₩4,140. The company profile describes cutting equipment for semiconductors, displays and MLCC components, plus a factory automation unit and a drone division.

What stands out

• Revenue fell 27.4% in 2025 to ₩75.8B after a 20.4% rise in 2024, so the top line has been volatile.
• Operating income was positive in 2023 to 2025, but net income was negative in every year from 2021 to 2025, and the trailing net margin is -3.9%.
• Valuation markers in the data are a price-to-book ratio of 1.4 and a price-to-sales ratio of 0.8; price-to-earnings is not meaningful because earnings are negative, and no dividend is paid.
• Trailing free cash flow is negative at about -₩0.9B, and the 1-year share return is -19.6%.
• Filings in 2026 include convertible bond issuance and conversion, termination of a share-buyback trust, and a September decision on early redemption of bonds with warrants. No news headlines were included in the data.

What to watch

• The next quarterly or annual results, to see whether operating profit turns into net profit and whether revenue recovers from the 2025 decline.
• Debt levels and the early bond redemption decision, given borrowings of about ₩48B against cash of about ₩11B.
• Further filings on convertible bond conversions, which could affect the share count; the data does not show any forward forecasts or analyst ratings.