Aniplus애니플러스

AniPlus's trailing profits have fallen from their 2024 peak, though the shares have rebounded over the last month after a steep 12-month decline.

AniPlus is a Korean anime and K-content distributor with broadcasting channels, OTT licensing, merchandise and a Singapore arm. Trailing twelve-month revenue is about ₩154B with operating income of about ₩20B as of H1 2026, both below the 2024 and 2025 full-year levels for profit. The shares closed at ₩2,155, down 44.9% over one year but up 12.3% over one month.

What stands out

• Trailing revenue of ₩154B is roughly flat versus 2025's ₩150B, but operating margin has slipped to 13% from 15.1% in 2025 and 19.2% in 2024.
• Net income of about ₩8.7B trailing compares with ₩12.1B in 2025 and ₩15.6B in 2024, and trailing ROE is 7.4%.
• Trailing borrowings of ₩48B exceed cash of ₩39B, and liabilities are 78.8% of equity; the filings list a short-term borrowing increase in August 2026.
• Valuation metrics are P/E 12.9, P/B 0.9 and a 3.2% dividend yield, and the company's own DCF base value is ₩10,658, well above the share price; the data does not explain the model's assumptions in detail.
• Recent filings include a merger completion (July 2026), a buyback trust contract (September 2026) and a half-year report amendment (October 2026); the data gives titles only, not their contents.

What to watch

• The next quarterly results and whether margins recover from the trailing 13% operating margin.
• Details of the merger, the buyback trust and the short-term borrowings, which the data does not describe beyond their titles.
• Foreign ownership fell from 3.1% to 2.5% over 60 days, while retail investors were net sellers of about ₩1.5B over the last 20 days; the data does not state the reasons.