TipRanks
Go Ultimate55% OFF

SG Corporation (004060) AI Stock Analysis

KR:004060

SG Corporation

(Korea Exchange:004060)

Select Model
Rating:54Neutral
Price Target:KRW 2,086.00â–²(7.19% Upside)
Action:initiatedcoverage
Date:10/28/26

The score is primarily constrained by weak fundamentals (declining revenue, pressured/negative operating profitability, and volatile cash-flow conversion), despite a strong low-leverage balance sheet. Technicals are also bearish with the price below key moving averages and negative MACD. The low P/E provides a valuation cushion, lifting the overall score modestly.

Positive Factors
Low and improving leverageLow and improving leverage gives SG Corporation meaningful financial flexibility while operations remain under pressure. A large equity and asset base relative to debt can reduce solvency risk, limit financing strain, and preserve capacity to withstand weaker trading conditions.
Negative Factors
Multi-year revenue declineA multi-year revenue decline is a durable demand and volume headwind, not merely a single-period fluctuation. Continued top-line contraction can reduce operating leverage, weaken market presence, and make it harder for SG Corporation to absorb fixed costs or restore sustainable profitability.

SG Corporation (004060) vs. SPDR S&P 500 ETF (SPY)

-50%0%50%100%150%200%KR:004060-35.78%SPY+11.79%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
KRW 3.85B
Dividend Yield
―
Average Volume (3M)
159.64K
Price to Earnings (P/E)
1.4
Beta (1Y)
-0.15
Revenue Growth
-6.18%
EPS Growth
1280.77%
Country
KR
Employees
101
Sector
General
Sector Strength
55
Industry
Apparel - Manufacturers

SG Corporation Business Overview & Revenue Model

Company Description

Based in Seoul, South Korea, SG Corporation is a fashion enterprise primarily engaged in the manufacturing and distribution of woven clothing, with a strong focus on the South Korean market. Its extensive product range includes formal dresses, casual...

SG Corporation Financial Statement Overview

Summary

Balance sheet strength (low and improving leverage) is a major positive, but operating performance is weak: multi-year revenue declines, negative operating income in 2024–2025 and TTM, and volatile/weak cash conversion. Overall financial health looks structurally safe, but operational momentum and cash-flow reliability are key risks.

Income Statement

41Neutral

Balance Sheet

82Very Positive

Cash Flow

34Negative
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue124.85B132.35B138.80B143.08B161.30B135.75B
Gross Profit55.42B55.83B61.55B64.83B74.53B53.58B
EBITDA1.17B1.51B351.50M6.47B6.83B66.40B
Net Income3.93B884.20M5.36B-1.03B1.77B46.96B
Balance Sheet
Total Assets285.24B294.19B308.25B303.53B303.82B308.41B
Cash, Cash Equivalents and Short-Term Investments18.62B22.79B19.49B25.70B31.78B67.27B
Total Debt5.69B14.78B18.01B42.38B37.80B40.69B
Total Liabilities26.20B33.11B40.79B60.69B58.39B64.15B
Stockholders Equity259.04B261.08B267.46B242.84B245.43B244.27B
Cash Flow
Free Cash Flow489.75M2.72B-130.45M1.54B-995.19M-7.00B
Operating Cash Flow1.02B3.36B2.06B2.74B1.27B3.37B
Investing Cash Flow5.87B4.19B16.60B-11.34B19.68B-16.90B
Financing Cash Flow-13.26B-4.16B-24.87B3.82B-5.79B359.30M

SG Corporation Technical Analysis

Technical Analysis SentimentNegative
Last Price1946.00

Price Trends

50DMA2168.22Negative
100DMA2359.46Negative
200DMA3395.38Negative

Market Momentum

MACD-46.37Positive
RSI35.15Neutral
STOCH12.79Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KR:004060, the sentiment is Negative. The current price of 1946.00 is below the 20-day moving average (MA) of 2088.05, below the 50-day MA of 2168.22, and below the 200-day MA of 3395.38, indicating a bearish trend. The MACD of -46.37 indicates Positive momentum. The RSI at 35.15 is Neutral, neither overbought nor oversold. The STOCH value of 12.79 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KR:004060.

SG Corporation Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

KR:004060 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
KR:383220KR:38322076OutperformKRW 2.35T4.55―4.31%6.80%56.37%
KR:111770KR:11177072OutperformKRW 2.94T5.61―3.55%15.31%60.02%
KR:093050KR:09305061NeutralKRW 595.21B5.19―3.17%-0.14%36.70%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
KR:004060KR:00406054NeutralKRW 31.41B1.40――-6.18%1280.77%
KR:009270KR:00927051NeutralKRW 92.19B18.93―4.87%9.35%―
KR:105630KR:10563050NeutralKRW 322.15B9.13―7.33%7.87%-28.36%

* General Sector Average

Performance Comparison

0%50%100%150%KR:004060KR:009270KR:093050KR:105630KR:111770KR:383220Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
KR:004060 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
KR:004060SG Corporation1946.00-1074.00-35.56%
KR:009270Shinwon Corporation1027.00-310.44-23.21%
KR:093050LF Corp.22100.004943.3028.81%
KR:105630Hansae Co., Ltd8180.00-1708.52-17.28%
KR:111770Youngone Corp.69100.0013248.0923.72%
KR:383220F&F Co., Ltd.62600.004918.528.53%
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