STX Green LogisSTX그린로지스

STX Green Logistics is loss-making and its shares have fallen sharply, with the latest filings focused on convertible bonds, guarantees and lawsuits.

STX Green Logistics, a Korean shipping and logistics company, reported a trailing twelve-month revenue of about ₩130.7B but an operating loss of about ₩8.4B and a net loss of about ₩17.1B through H1 2026. Its 2025 annual net loss was about ₩37.3B after a profit in 2024, and the shares are down about 69% over one year to ₩2,280. The data does not give a clear picture of the company's future prospects.

What stands out

• Revenue jumped from ₩28.3B in 2023 to ₩191.4B in 2025, but operating income swung from a profit in 2024 to a loss of about ₩12.5B in 2025.
• Trailing net margin is -13.1% and ROE is -30.2%, with liabilities at 156.8% of equity and borrowings of about ₩6.0B against cash of about ₩0.6B.
• Trailing free cash flow is positive at about ₩25.1B, although the data does not explain its source.
• Recent filings include decisions on early redemption and acquisition of own convertible bonds, several collateral and debt guarantee decisions for third parties, and multiple lawsuits, plus an Investment Caution Notice dated 31 August 2026.
• Price-to-book is 0.4 and price-to-earnings is not meaningful because earnings are negative; the data shows no dividend and no news headlines.

What to watch

• Upcoming filings on the convertible bond redemption or acquisition and any related cash outflows.
• Outcome of the lawsuits and any further collateral or guarantee decisions, which the data does not detail.
• Whether the Investment Caution Notice is lifted and whether losses narrow in the next reported results.