企業分析

周星工程 (036930.KQ) 2026年第一季：營收腰斬至549億韓元，研發費用佔營收46%致營業虧損70億韓元

周星工程2026年第一季：合併營收年減54.6%至549億韓元，研發費用佔營收46%，致營業虧損70.3億韓元。深度分析半導體設備週期低谷及市場影響。

Rainbow Robotics (277810.KQ) Q1 2026: Revenue Surges 116.6% as Samsung Subsidy Lifts Scale, But R&D Intensity Widens Operating Loss

Rainbow Robotics (277810.KQ) posted Q1 FY2026 consolidated revenue of KRW 9.06 billion (+116.6% YoY), the first major scale expansion since Samsung Electronics became the 35% controlling shareholder at end-2024. Despite the top-line surge, the operating loss widened to KRW 1.57 billion as R&D spending reached 30.7% of revenue.

Alteogen (196170.KQ) Q1 2026: 120% SG&A Surge Erodes Operating Profit 36% Despite ₩867.5B Biogen Deal

Alteogen reported Q1 2026 revenue of ₩71.6B (-14.5% YoY) and operating profit of ₩39.3B (-35.6% YoY) as SG&A expenses surged 120% to ₩22.2B. A ₩35.9B RCPS derivative gain held net income at ₩71.3B. The quarter included a ₩867.5B Biogen licensing agreement, pushing total out-licensing backlog past ₩9.3 trillion.

EcoPro (086520.KQ) Q1 2026: ₩247.3B Swing, Gross Margin Doubles

EcoPro (086520.KQ) Q1 2026: ₩247.3B Swing, Gross Margin Doubles

EcoPro BM (247540.KQ) Q1 2026: Profit Surges 9x, Margin Now Real

EcoPro BM (247540.KQ) Q1 2026: Profit Surges 9x, Margin Now Real

How to Buy Samsung Stock as a US Investor: SSNLF, London GDR, KRX Direct, and ETFs Compared

Samsung (005930.KS) has no US ADR. Compare SSNLF OTC, SMSN.L London GDR, KRX direct via IBKR (May 2026), and ETFs — with tax and liquidity data for US investors.

Asiana Airlines (020560.KS) Q1 2026: Revenue Slumps 19%, ₩266B FX Translation Loss Drives ₩252B Net Deficit

Asiana Airlines (020560.KS) Q1 2026: Revenue Slumps 19%, ₩266B FX Translation Loss Drives ₩252B Net Deficit

Daewoong Pharmaceutical (069620.KS) Q1 2026: Revenue +6% but Operating Profit Collapses 42.6% as CapEx Surge Drains Cash

Daewoong Pharma Q1 2026: Revenue hits ₩377.8B (+6% YoY) but operating profit crashes 42.6% to ₩22.2B; net income misleads at +29% on one-time gain.

Lotte Tour Development (032350) Q1 2026: Casino Revenue Surges 40%, Operating Profit Doubles as Net Loss Narrows 69%

Lotte Tour Development (032350.KS) Q1 2026: Revenue +28.1% to ₩156.2B, Operating Profit +121% to ₩28.8B driven by Jeju Dream Tower casino surge. Net loss narrows 68.5%.

SNT Dynamics (003570.KS) Q1 2026: Defense +54%, Exports Slip 7%

SNT Dynamics (003570.KS) posted its highest-ever quarterly revenue at USD 128M (+19.8% YoY) in Q1 2026, fueled by a 53.9% domestic defense surge. Operating margin held at 11.8%, while FX losses and a lower effective tax rate shaped the profit mix.

Orion Holdings (001800.KS) Q1 2026: Revenue Hits ₩1T as Showbox Swings ₩21.7B Profit

Orion Holdings reported Q1 2026 revenue of ₩1,008.6B (+24.1% YoY) and operating profit of ₩172.9B (+48.5%), driven by confectionery strength and Showbox's film turnaround.

GC Corp (006280.KS) Q1 2026: Operating Profit Surges 47% While Subsidiary Exit and Tax Reversal Drag Net Income 31% Lower

GC Corp posted a 47% surge in Q1 2026 operating profit to KRW 11.7 billion on 13.5% revenue growth, but net income attributable to controlling shareholders fell 31% due to a subsidiary exit and a KRW 14 billion adverse tax swing.

Dongwon Industries (006040.KS) Q1 2026: ₩2.53T Revenue, Net Profit Surges 51%

Dongwon Industries Q1 2026: revenue ₩2.53T (+9.1%), operating profit ₩146.2B (+17.1%), net income ₩112.9B (+51%). B2B packaging and logistics outperform; StarKist maintains 46% US tuna market share.

HLB (028300.KS) Q1 2026: Net Loss Narrows 40%, FDA Ruling Looms

HLB's Q1 2026 consolidated net loss narrowed 40% to ₩40.9B as cost discipline offset declining drug revenues. The biotech's FDA rivoceranib ruling for hepatocellular carcinoma is the key catalyst to watch.

Daeshin Securities (003540.KS) Q1 2026: Net Profit Surges 89%

Daeshin Securities (003540.KS) posted Q1 2026 consolidated net profit of ₩145.5 billion, up 89.3% year-on-year, as brokerage fee income and proprietary trading gains converged.

SK Networks (001740.KS) Q1 2026: Net Profit Snaps to ₩42.7B as ICT Division Surges Sixfold

SK Networks (001740.KS) swung from a ₩5.4B loss to ₩42.7B profit in Q1 2026, powered by ICT division sixfold earnings surge and AI-fund valuation gains.

SKIET (361610.KS) Q1 2026: Revenue Dives 38%, ₩1.1T Due This Year

SKIET (361610.KS) Q1 2026: Revenue Dives 38%, ₩1.1T Due This Year

SK REIT (395400.KS) Q1 2026: 0% Vacancy Intact but ₩33.9B Interest Devours 63% of Operating Profit

SK REIT (395400.KS) Q1 2026: 0% Vacancy Intact but ₩33.9B Interest Devours 63% of Operating Profit

Shift Up (462870.KS) Q1 2026: Op Profit Slides 18%, FX and Funds Drive Net Income Up 41%

Shift Up (462870.KS) Q1 2026: Op Profit Slides 18%, FX and Funds Drive Net Income Up 41%

LX International (001120.KS) Q1 2026: Net Profit Slumps 33.4% as Effective Tax Rate Spikes to 40%

LX International (001120.KS) Q1 2026: Net Profit Slumps 33.4% as Effective Tax Rate Spikes to 40%

Cosmo Advanced Materials (005070.KS) Q1 2026: Net Loss as ₩3B Interest Bill Eclipses Operating Profit, ₩120B CB Bets on Europe

Cosmo Advanced Materials (005070.KS) Q1 2026: Net Loss as ₩3B Interest Bill Eclipses Operating Profit, ₩120B CB Bets on Europe

Hyosung TNC (298050.KS) Q1 2026: Spandex Spread Widens, Textile Margin Jumps to 9.5%

Hyosung TNC (298050.KS) Q1 2026: Spandex Spread Widens, Textile Margin Jumps to 9.5%

Amorepacific Holdings (002790.KS) Q1 2026: Revenue Rises 5% but Overseas Profit Slumps 18.5%

Amorepacific Holdings (002790.KS) Q1 2026: Revenue Rises 5% but Overseas Profit Slumps 18.5%

Daou Tech (023590.KS) Q1 2026: Kiwoom Doubles Profit, IT at 1.5%

Daou Tech (023590.KS) Q1 2026: Kiwoom Doubles Profit, IT at 1.5%

Korea Carbon (017960.KS) Q1 2026: Margin Surges to 19.4% but ₩52.6B Finance Hit Sinks Net Profit 29%

Korea Carbon (017960.KS) Q1 2026: Margin Surges to 19.4% but ₩52.6B Finance Hit Sinks Net Profit 29%

STX Engine (077970.KS) Q1 2026: Revenue Up 36%, Backlog Tops ₩2T as Margins Retreat

STX Engine (077970.KS) Q1 2026: Revenue Up 36%, Backlog Tops ₩2T as Margins Retreat

HJ Heavy Industries (097230.KS) Q1 2026: Operating Profit Surges 4.5x to ₩24.6B on Defense Ships, ₩335B Debt Due June

HJ Heavy Industries (097230.KS) reported first-quarter 2026 consolidated revenue of ₩541.4 billion (+32.0% YoY) and operating profit of ₩24.6 billion (+351.4%), driven by defense and special-purpose shipbuilding; ₩335.1 billion in creditor-bank covenant debt matures June 30, 2026.

CJ Logistics (000120.KS) Q1 2026: Record ₩3.21T Revenue as Bond-Driven Finance Costs Drag Net Profit 7.6% Lower

CJ Logistics (000120.KS) Q1 2026: Record ₩3.21T Revenue as Bond-Driven Finance Costs Drag Net Profit 7.6% Lower

Mirae Asset Life (085620.KS) Q1 2026: Net Profit Doubles as Underwriting Swings to Loss, K-ICS Slides to 167.6%

Mirae Asset Life (085620.KS) Q1 2026: Net Profit Doubles as Underwriting Swings to Loss, K-ICS Slides to 167.6%

Misto Holdings (081660.KS) Q1 2026: FILA Revenue Plunges 20% as Acushnet Shoulders 88.6% of Group Profit

Misto Holdings (081660.KS) Q1 2026: FILA Revenue Plunges 20% as Acushnet Shoulders 88.6% of Group Profit

Cosmax (192820.KS) Q1 2026: Record ₩682B Revenue as Input Costs Squeeze Operating Margin to 7.8%

K-beauty's largest ODM manufacturer posts its highest-ever quarterly sales but fails to convert top-line momentum into earnings growth, as rising production costs and an aggressive capital expansion program compress margins and widen leverage.

Kolmar Korea (161890.KS) Q1 2026: Record ₩728B Revenue, Operating Profit Surges 32% on K-Beauty ODM Boom

Kolmar Korea (161890.KS) posts record Q1 2026 revenue of ₩728B (+11.5% YoY), with operating profit surging 32% to ₩78.9B driven by cosmetics ODM growth and Kolmask subsidiary consolidation.

Cheil Worldwide (030000.KS) Q1 2026: Operating Profit Slumps 38% as Retirement Costs Nearly Triple

Cheil Worldwide (030000.KS) Q1 2026: Operating Profit Slumps 38% as Retirement Costs Nearly Triple

CS Wind (112610.KS) Q1 2026: Operating Profit Slumps 41% as Foundation Revenue Halves

CS Wind (112610.KS) Q1 2026: Operating Profit Slumps 41% as Foundation Revenue Halves

K-Bank (279570.KS) Q1 2026: Profit Doubles, NIM Rebounds to 1.57%

K-Bank (279570.KS) Q1 2026: Profit Doubles, NIM Rebounds to 1.57%

Hyundai GF Holdings (005440.KS) Q1 2026: Operating Profit Surges 24% as Equity-Method Collapse Cuts Controlling-Shareholder Net Income 47%

Hyundai GF Holdings (005440.KS) Q1 2026: Operating Profit Surges 24% as Equity-Method Collapse Cuts Controlling-Shareholder Net Income 47%

BGF Retail (282330.KS) Q1 2026: Operating Profit Surges 69%, Margin Hits 1.80%

BGF Retail (282330.KS) Q1 2026: Operating Profit Surges 69%, Margin Hits 1.80%

SeAH Besteel Holdings (001430.KS) Q1 2026: Operating Profit Surges 72% as Specialty Steel Margins Exit Cycle Trough

SeAH Besteel Holdings (001430.KS) Q1 2026: Operating Profit Surges 72% as Specialty Steel Margins Exit Cycle Trough

HD Hyundai Energy Solutions (322000.KS) Posts Record Q1 Profit as Solar Cycle Turns, Revenue Near-Doubles

HD Hyundai Energy Solutions posted a dramatic Q1 2026 turnaround with revenue up 87.6% YoY to KRW 159.9B and operating margin swinging from -3.6% to 18.2%, driven by domestic policy tailwinds and pre-tariff U.S. demand.

Hotel Shilla (008770.KS) Q1 2026: Duty-Free Swings to Profit After Airport Exit as Revenue Hits ₩1.05T

Hotel Shilla (008770.KS) Q1 2026: Duty-Free Swings to Profit After Airport Exit as Revenue Hits ₩1.05T

Hanmi Science (008930.KS) Q1 2026: Net Profit Surges 73%, Ownership Battle Narrows to 5.8%

Hanmi Science (008930.KS) Q1 2026: Net Profit Surges 73%, Ownership Battle Narrows to 5.8%

Kolon Industries (120110.KS) Q1 2026: Operating Profit Surges 130% as Chemical Materials Hit 12.8% Margin

Kolon Industries (120110.KS) Q1 2026: Operating Profit Surges 130% as Chemical Materials Hit 12.8% Margin

Hyundai Department Store (069960.KS) Q1 2026: Core Retail Hits Record Revenue as Zinus Tariff Shock Swings ₩57.6B to a Loss

Hyundai Department Store (069960.KS) Q1 2026: Core Retail Hits Record Revenue as Zinus Tariff Shock Swings ₩57.6B to a Loss

Korea Circuit (007810.KS) Q1 2026: ₩26.4B Operating Profit on PCB Rebound, but Operating Cash Swings to –₩21.1B

Korea Circuit Q1 2026 delivered ₩26.4B operating profit amid PCB cycle recovery, with revenue rising 18.4% YoY to ₩419.9B. However, operating cash flow turned negative at –₩21.1B, reflecting ₩69.3B working capital drain and ₩34.8B capex.

Nongshim (004370.KS) Q1 2026: Group Profit +20%, U.S. Up 61%

Nongshim (004370.KS) Q1 2026: Group Profit +20%, U.S. Up 61%

SK Gas (018670.KS) Q1 2026: Operating Profit Doubles to ₩228B as LPG Spike and PDH Arm Drive Portfolio Shift

SK Gas (018670.KS) Q1 2026: Operating Profit Doubles to ₩228B as LPG Spike and PDH Arm Drive Portfolio Shift

KEPCO KPS (051600.KS) Q1 2026: Nuclear Ramp Sends Profit Up 375%

KEPCO KPS (051600.KS) Q1 2026: Nuclear Ramp Sends Profit Up 375%

Hyundai WIA (011210.KS) Q1 2026: Net Profit Slumps 65% on ₩60.1B Russia Base Effect

Hyundai WIA (011210.KS) Q1 2026: Net Profit Slumps 65% on ₩60.1B Russia Base Effect

E-Mart (139480.KS) Q1 2026: Operating Profit Hits 14-Year High While Net Income Slips 5%

E-Mart (139480.KS) Q1 2026: Operating Profit Hits 14-Year High While Net Income Slips 5%

Korean Re (003690.KS) Q1 2026: Net Profit Surges 125% to ₩214.6B

Korean Re (003690.KS) Q1 2026: Net Profit Surges 126% to ₩214.6B

LS EcoEnergy (229640.KS) Q1 2026: Copper Rally Pumps Revenue 25%, Operating Cash Flow Dives 87%

LS EcoEnergy (229640.KS) Q1 2026: Copper Rally Pumps Revenue 25%, Operating Cash Flow Dives 87%

Dongsuh (026960.KS) Q1 2026: Revenue +5% but Profit Drops 11.9%

Dongsuh (026960.KS) Q1 2026: Revenue +5% but Profit Drops 11.7%

Daehan Shipbuilding (439260.KS) Q1 2026: 26.8% Operating Margin Surges as High-Price Tanker Contracts Flow Through

Daehan Shipbuilding (439260.KS) Q1 2026: 26.8% Operating Margin Surges as High-Price Tanker Contracts Flow Through

S1 (012750.KS) Q1 2026: 62% Profit Drop on Pension Cost Surge

S1 (012750.KS) Q1 2026: 62% Profit Drop on Pension Cost Surge

DN Automotive (000275.KS) Q1 2026: Revenue Tops ₩1T as Heller Integration Crimps Operating Margin to 14.2%

DN Automotive (000275.KS) Q1 2026: Revenue Tops ₩1T as Heller Integration Crimps Operating Margin to 14.2%

Lotte Corp (004990.KS) Q1 2026: Equity Swing Flips Net Income, Common EPS Stays Negative

Lotte Corp (004990.KS) Q1 2026: Equity Swing Flips Net Income, Common EPS Stays Negative

Dalba Global (460230.KS) Q1 2026: Revenue Surges 50% to ₩171.2B as U.S. Sales Nearly Triple, 26% Margin Intact

Dalba Global (460230.KS) Q1 2026: Revenue Surges 51% to ₩171.2B as U.S. Sales Triple, 26% Margin Intact

Young One Holdings (009970.KS) Q1 2026: OEM Recovery Lifts Margins to 14.6% While Won Weakness Inflates Net Profit 79%

Young One Holdings (009970.KS) Q1 2026: OEM Recovery Lifts Margins to 14.6% While Won Weakness Inflates Net Profit 79%

HD Hyundai Marine Engine (071970.KS) Q1 2026: Operating Profit Surges 217% as Margin Doubles to 24%

HD Hyundai Marine Engine (071970.KS) Q1 2026: Operating Profit Surges 217% as Margin Doubles to 24%

GS E&C (006360.KS) Q1 2026: Sales Slump 21.6%, Margin at 3.1%

GS E&C (006360.KS) Q1 2026: Sales Slump 21.6%, Margin at 3.1%

HL Mando (204320.KS) Q1 2026: Net Profit +53% on India and ADAS Gains, FCF Stays at -₩70B

HL Mando (204320.KS) Q1 2026: Net Profit +53% on India and ADAS Gains, FCF Stays at -₩70B

Hanall Biopharma (009420.KS) Q1 2026: Operating Loss Flips to ₩840M Profit as Clinical Debt Surges 79%

Hanall Biopharma (009420) posts Q1 2026 operating profit of ₩840M, revenue +10.7% YoY. Short-term borrowings surge 79% ahead of Phase 3 clinical readouts.

F&F (383220.KS) Q1 2026: ₩104.2B Property Gain Doubles Net Income; Core Operating Profit Up 24%

F&F (383220.KS) Q1 2026: ₩104.2B Property Gain Doubles Net Income; Core Operating Profit Up 24%

iM Financial Group (139130.KS) Q1 2026: ₩154.5B Profit Flat as Provisions Surge 26%

iM Financial Group Q1 2026: ₩154.5B net profit (+0.1% YoY), operating income fell 7.3% to ₩193.9B as provisions surged 26.3%. iM Bank total assets crossed ₩105 trillion.

Shinyoung Securities Posts Record KRW 156.1 Billion Net Profit as KOSPI Surges 100% in FY2025

Shinyoung Securities (001720.KS) reported FY2025 consolidated net profit of KRW 156.1 billion (+39.1% YoY), driven by surging trading volumes and investment gains as the KOSPI doubled to 5,052 points.

Isu Specialty Chemical Posts 9.8% Revenue Growth in Q1 2026, but Operating Profit Drops 42.9%

Isu Specialty Chemical (457190.KS) reports Q1 2026 revenue of KRW 108.6 billion (+9.8% YoY), while operating income falls 42.9% to KRW 3.5 billion amid margin compression.

Lotte Energy Materials Posts First Net Profit Since EV Downturn as Elecfoil Utilization Rebounds to 66.6%

Lotte Energy Materials swings to net income of KRW 3.9B in Q1 2026, from a KRW 54.8B loss a year ago, as Elecfoil utilization rebounds to 66.6% from a 47.4% full-year 2025 average.

DL E&C (375500.KS) Q1 2026: Operating Profit Jumps 40% as Housing Margins Triple on Mix Shift

DL E&C reported Q1 2026 operating income of KRW 157.4 billion, up 40.4% year-on-year, as housing segment operating margin nearly tripled to 15.2% despite a 4.6% revenue decline to KRW 1.725 trillion.

Pan Ocean Posts 24% Operating Profit Jump in Q1 2026 as LNG Segment Delivers Record Margins

Pan Ocean reports Q1 2026 revenue of KRW 1.51T (+8.3% YoY) and operating income of KRW 140.9B (+24.4%), driven by LNG segment delivering a 44.5% operating margin. Net income rose 31.2% to KRW 94.5B with EPS of KRW 177.

SGI Seoul Guarantee Posts KRW 57.5B Quarterly Profit as Guarantee Premiums Climb 28% Year-on-Year

SGI Seoul Guarantee reported Q1 2026 net profit of KRW 57.5 billion, nearly tripling year-on-year, as guarantee premiums climbed 28% and operating margins expanded sharply. K-ICS solvency ratio held at 395.1%, well above the 130% regulatory minimum.

Hansol Chemical Posts 10.6% Revenue Jump in Q1 2026 on Semiconductor Materials Demand

Korea Gas Corporation (KOGAS) Logs KRW 910B Operating Profit in Q1 2026 as LNG Import Costs Fall 14.5%

Lotte Chemical (011170.KS) Q1 2026: ₩4.99T Revenue Rebounds 8% as Naphtha +21% Crushes Polymer Spreads

Netmarble (251270.KS) Q1 2026: Net Profit Surges 163% on ₩320.8B HYBE Divestiture, Core Gaming Up 7%

Netmarble (251270.KS) Q1 2026: Profit Surges 163% on ₩320B HYBE Exit

Kumho Petrochemical (011780.KS) Q1 2026: Operating Profit Halved as Iran War Stalls Spread Recovery

LG H&H (051900.KS) Q1 2026: Operating Profit Slides 24% as China Exit Erodes Revenue Base

LG Household & Health Care posted Q1 2026 consolidated revenue of ₩1,576.6 billion (-7.1% YoY), with operating profit falling 24.3% to ₩107.8 billion as China market withdrawal deepens and Beijing JV enters liquidation.

Orion (271560.KS) Q1 2026: Profit Surges 26% Despite Cocoa Spike

BNK Financial (138930.KS) Q1 2026: Earnings Surge 27%, NIM 1.88%

*Provisions fell 40% and fee income rebounded sharply, but with NIM pinned in the high-1% range, the durability of the earnings surge depends on whether the regional credit cycle has genuinely turned

Hyundai Steel (004020.KS) Q1 2026: Operating Loss Reversed but Net Red Ink Persists as $5.8B Louisiana Mill Adds ₩1T in Debt

Samsung Card (029780.KS) Q1 2026: Profit Slumps 15%, G&A Up 30%

KEPCO E&C (052690.KS) Q1 2026: Operating Profit Nearly Triples to ₩14.1B

Hanmi Pharma (128940.KS) Q1 2026: R&D at 16.6% Narrows Operating Profit 9%

Hanmi Pharmaceutical Q1 2026: Revenue flat at ₩392.9B (+0.5%), operating profit -9.1% to ₩53.6B as R&D hit 16.6% of sales. Net income rose 14.4% to ₩51.1B. Beijing Hanmi's 22% margin cushions results.

OCI Holdings (010060.KS) Q1 2026: Operating Profit Collapses 78% on ₩26.6B TerraSus Maintenance Loss