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Ildong Holdings Co., Ltd (000230) AI Stock Analysis

KR:000230

Ildong Holdings Co., Ltd

(Korea Exchange:000230)

Select Model
Rating:59Neutral
Price Target:KRW 5,915.00â–²(3.95% Upside)
Action:initiatedcoverage
Date:11/02/26

The score is primarily restrained by moderate financial quality and weak technical momentum, despite very attractive valuation. Recovery is evident, but leverage, thin profitability, and historical volatility remain significant risks.

Positive Factors
Profitability TurnaroundThe return to positive operating profit and net income indicates a meaningful recovery from the deep losses of 2021–2023. Healthy gross margin and improved cost control provide a foundation for rebuilding earnings, although continued execution is needed to make the improvement durable.
Negative Factors
Elevated LeverageDebt remaining above equity limits financial flexibility and can constrain how aggressively the group funds growth or supports subsidiaries. The prior leverage spike also demonstrates that the balance sheet has experienced meaningful stress, making deleveraging important for a more durable recovery.

Ildong Holdings Co., Ltd (000230) vs. SPDR S&P 500 ETF (SPY)

-50%-25%0%25%50%75%KR:000230-36.86%SPY+11.79%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
KRW 65.32B
Dividend Yield
1.77%
Average Volume (3M)
24.69K
Price to Earnings (P/E)
2.1
Beta (1Y)
0.04
Revenue Growth
-3.85%
EPS Growth
-63.01%
Country
KR
Employees
80
Sector
General
Sector Strength
55
Industry
Drug Manufacturers - Specialty & Generic

Ildong Holdings Co., Ltd Business Overview & Revenue Model

Company Description

Ildong Holdings Co., Ltd., established in Seoul, South Korea, in 1941, operates internationally, specializing in the innovation, production, and supply of pharmaceutical goods. The company actively researches and develops novel therapeutics for chall...

Ildong Holdings Co., Ltd Financial Statement Overview

Summary

Financial recovery is supported by strong revenue growth, renewed profitability, lower leverage, and positive cash flow. However, thin margins, historical earnings and cash-flow volatility, and debt exceeding equity limit the score.

Income Statement

65Positive

Balance Sheet

52Neutral

Cash Flow

61Positive
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue607.20B590.89B657.57B638.45B675.54B592.37B
Gross Profit229.51B215.14B232.79B198.89B239.13B220.83B
EBITDA53.20B41.49B124.42B-64.04B-116.29B-41.66B
Net Income21.66B10.93B63.04B-59.59B-102.35B-70.89B
Balance Sheet
Total Assets790.85B802.86B854.70B877.00B862.55B920.76B
Cash, Cash Equivalents and Short-Term Investments80.45B77.81B94.57B102.48B136.41B200.84B
Total Debt196.55B217.02B324.83B325.36B299.09B324.09B
Total Liabilities434.34B457.28B600.70B707.10B693.45B737.42B
Stockholders Equity173.87B168.76B133.89B38.96B11.81B53.33B
Cash Flow
Free Cash Flow26.30B12.83B1.72B-77.26B-95.73B-53.28B
Operating Cash Flow37.64B26.86B17.31B-57.77B-74.59B-30.54B
Investing Cash Flow19.67B31.26B22.45B-16.34B-32.50B-48.87B
Financing Cash Flow-61.25B-60.71B-32.00B46.34B31.65B128.09B

Ildong Holdings Co., Ltd Technical Analysis

Technical Analysis SentimentNegative
Last Price5690.00

Price Trends

50DMA6123.60Negative
100DMA6243.30Negative
200DMA8348.76Negative

Market Momentum

MACD-112.79Positive
RSI34.76Neutral
STOCH24.69Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KR:000230, the sentiment is Negative. The current price of 5690.00 is below the 20-day moving average (MA) of 5978.50, below the 50-day MA of 6123.60, and below the 200-day MA of 8348.76, indicating a bearish trend. The MACD of -112.79 indicates Positive momentum. The RSI at 34.76 is Neutral, neither overbought nor oversold. The STOCH value of 24.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KR:000230.

Ildong Holdings Co., Ltd Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

KR:000230 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
KR:096760KR:09676072OutperformKRW 274.34B3.25―5.42%10.18%149.93%
KR:000640KR:00064061NeutralKRW 576.52B6.95―1.96%10.06%-3.74%
KR:249420KR:24942060NeutralKRW 397.78B8.87―1.59%-0.65%―
KR:001630KR:00163059NeutralKRW 169.48B2.61―3.93%1.43%106.56%
KR:000230KR:00023059NeutralKRW 63.91B2.13―1.77%-3.85%-63.01%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
KR:002620KR:00262051NeutralKRW 103.16B12.22―1.04%-15.55%―

* General Sector Average

Performance Comparison

-50%0%50%KR:000230KR:000640KR:001630KR:002620KR:096760KR:249420Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
KR:000230 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
KR:000230Ildong Holdings Co., Ltd5660.00-3304.30-36.86%
KR:000640Dong-A Socio Holdings Co., Ltd.86900.00-16225.73-15.73%
KR:001630Chong Kun Dang Holdings Co., Ltd.35600.00-7796.04-17.96%
KR:002620JEIL PHARMA HOLDINGS INC.6720.00-1121.77-14.31%
KR:096760JW Holdings Corporation3965.00856.9927.57%
KR:249420Ildong Pharmaceutical Co., Ltd.12580.00-14837.52-54.12%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 28, 2026