IL Seung일승

IL Seung's trailing profits look strong on paper, but the share price has fallen sharply over the past year.

IL Seung, a KOSDAQ-listed marine equipment maker, reported trailing twelve-month revenue of ₩57.4B and net income of ₩13.2B to H1 2026, with a net margin of 22.9%. Its share price closed at ₩3,240 on 2026-10-21, down 62.4% over one year, and sits well below its 52-week high of ₩9,400. The data does not include any news headlines for the company.

What stands out

• Trailing operating margin is 29.8%, up from 21.4% in 2025 and 13.3% in 2024, after several years of weak or negative earnings.
• 2025 revenue fell 2.2% to ₩50.7B, yet net income rose to ₩7.5B from ₩1.7B in 2024.
• Valuation is about 7.6x earnings and 1.9x book, below the peer group median shown, while the dividend yield is 0%.
• Borrowings of ₩29.0B exceed cash of ₩26.6B, and liabilities are 39.2% of equity.
• Foreign ownership fell to 1.2% from 2% sixty days earlier, while retail investors were net sellers over the last 20 days.

What to watch

• The full-year 2026 results and the next quarterly report, which are not yet in the data.
• The company's own fair value model gives a base of ₩2,137, below the current price, with a bear case of ₩1,199 and a bull case of ₩3,705; these are model outputs, not forecasts.
• The filing on 2026-02-27 about a 30% or greater change in revenue or profit structure; the data does not explain its details.