Kolon Corporation (002020) AI Stock Analysis

Kolon Corporation

(Korea Exchange:002020)

Select Model

Rating:45Neutral

Price Target:KRW 20,183.00▲(4.58% Upside)

Action:initiatedcoverage

Date:10/28/26

The score is held down primarily by weak financial performance—especially negative operating/free cash flow and renewed losses in 2025 and TTM. Technicals also remain bearish with the stock trading below key moving averages and negative MACD. Valuation is only partially supportive via a moderate dividend yield, but the negative P/E reflects loss-making conditions.

Positive Factors

Improving leverageLower debt-to-equity and a growing equity base provide greater financial flexibility than in 2023. Although leverage remains material, this balance-sheet improvement can support investment across subsidiaries and improve resilience if operating conditions remain difficult.

Negative Factors

Persistent cash burnRepeatedly negative operating and free cash flow indicates that reported business activity is not yet translating into internally generated funding. Continued cash burn can increase reliance on financing or balance-sheet capacity and constrain investment flexibility until operations stabilize.

Kolon Corporation (002020) vs. SPDR S&P 500 ETF (SPY)

Market Cap: KRW 248.96B
Dividend Yield: 2.85%
Average Volume (3M): 29.72K
Price to Earnings (P/E): -4.2
Beta (1Y): 0.66
Revenue Growth: 1.76%
EPS Growth: 56.77%
Country: KR
Employees: 91
Sector: General
Sector Strength: 55
Industry: Conglomerates

Kolon Corporation Business Overview & Revenue Model

Company Description

Founded in Gwacheon, South Korea, in 1957, Kolon Corporation operates as a diversified enterprise, primarily supporting and managing its affiliated businesses. Its operations extend to intellectual property licensing, market research, and management...

Kolon Corporation Financial Statement Overview

Summary

Overall fundamentals are weak due to recurring losses and poor cash generation. Income statement quality is volatile with losses in 2025 and TTM and thin operating profitability, while cash flow is a major concern with negative operating cash flow and negative free cash flow in the most recent periods. The balance sheet shows some improvement (lower debt-to-equity vs. 2023 and growing equity), but leverage remains high and negative ROE reflects pressured profitability.

Income Statement

38Negative

Balance Sheet

52Neutral

Cash Flow

27Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	6.12T	5.82T	6.03T	5.89T	5.66T	5.41T
Gross Profit	402.88B	417.96B	366.57B	494.60B	685.49B	662.90B
EBITDA	139.07B	-20.18B	496.27B	221.14B	370.64B	313.38B
Net Income	-70.89B	-158.47B	170.31B	8.57B	159.88B	128.38B
Balance Sheet
Total Assets	7.92T	7.45T	7.04T	5.23T	4.48T	3.97T
Cash, Cash Equivalents and Short-Term Investments	361.52B	428.57B	516.37B	365.68B	455.78B	235.15B
Total Debt	2.80T	2.73T	2.66T	2.27T	1.81T	1.53T
Total Liabilities	5.31T	5.12T	4.69T	3.92T	3.32T	2.98T
Stockholders Equity	1.93T	1.76T	1.65T	1.07T	1.09T	821.23B
Cash Flow
Free Cash Flow	-201.38B	-78.23B	-374.39B	-179.32B	189.42B	199.09B
Operating Cash Flow	-78.88B	7.92B	-186.95B	-106.50B	239.09B	223.93B
Investing Cash Flow	-254.23B	-207.01B	-35.50B	-210.36B	-301.41B	-191.15B
Financing Cash Flow	165.06B	247.81B	224.48B	358.84B	205.30B	-6.06B

Kolon Corporation Technical Analysis

Technical Analysis SentimentNegative

Last Price19300.00

Price Trends

50DMA22477.20Negative

100DMA27759.10Negative

200DMA44295.21Negative

Market Momentum

MACD-995.19Negative

RSI38.31Neutral

STOCH31.63Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KR:002020, the sentiment is Negative. The current price of 19300.00 is below the 20-day moving average (MA) of 20133.00, below the 50-day MA of 22477.20, and below the 200-day MA of 44295.21, indicating a bearish trend. The MACD of -995.19 indicates Negative momentum. The RSI at 38.31 is Neutral, neither overbought nor oversold. The STOCH value of 31.63 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KR:002020.

Kolon Corporation Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

KR:002020 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KR:047050	63Neutral	KRW 8.50T	8.43	―	4.97%	7.39%	153.41%
KR:092230	62Neutral	KRW 317.29B	1.02	―	7.20%	3.35%	578.58%
KR:004800	59Neutral	KRW 2.02T	4.03	―	4.14%	6.21%	57.80%
KR:006120	56Neutral	KRW 1.26T	7.12	―	4.14%	23.50%	533.21%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
KR:145990	49Neutral	KRW 415.04B	-1.34	―	4.19%	0.86%	-226.05%
KR:002020	45Neutral	KRW 262.09B	-4.18	―	2.85%	1.76%	56.77%

* General Sector Average

Performance Comparison

KR:002020 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
KR:002020	Kolon Corporation	19300.00	-28943.69	-59.99%
KR:004800	Hyosung Corporation	120700.00	-16693.86	-12.15%
KR:006120	SK Discovery Co. Ltd.	72400.00	6701.52	10.20%
KR:047050	POSCO INTERNATIONAL Corporation	49850.00	-1397.29	-2.73%
KR:092230	KPX Holdings Co., Ltd.	86800.00	20999.95	31.91%
KR:145990	Samyang Corporation	41750.00	-9105.50	-17.90%

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

Kolon Corporation AI Stock Analysis