Pims핌스

Pims is loss-making and its shares have fallen sharply over the past year, with a share consolidation and a designation-concern notice now on the filings list.

Pims, a Korean maker of OLED metal masks for display manufacturers, reported trailing twelve-month revenue of ₩58.2B to H1 2026 but an operating loss of ₩7.7B and a net loss of ₩8.1B. The shares closed at ₩811 on 2026-10-23, down 57.5% over one year and near the 52-week low of ₩746.

What stands out

• Revenue has shrunk from ₩85.3B in 2023 to ₩58.2B on a trailing basis, and operating margin has moved from positive in 2022 and 2023 to -13.2%.
• Free cash flow is negative at ₩-1.9B, and borrowings of ₩27.0B exceed cash of ₩5.6B.
• The market capitalisation is about ₩18.4B and the price-to-book ratio is 0.3, while the P/E is not meaningful because earnings are negative.
• Recent filings include a share consolidation decision, a treasury stock acquisition report, and a notice that the stock is under a designation-concern review for trading below ₩1,000.
• Foreign ownership fell from 3.5% to 2.4% over about 60 days, and the 20-day flows show foreign and institutional net selling.

What to watch

• The results of the extraordinary shareholders' meeting and the effect of the share consolidation on the listed share count and price.
• Whether the KOSDAQ designation-concern review progresses, since it is tied to the share price staying below ₩1,000.
• Full-year 2026 results, to see whether losses narrow against the ₩27.0B of borrowings. The data does not include any forecasts.