Iljin Display Co., Ltd (020760) AI Stock Analysis

Iljin Display Co., Ltd

(Korea Exchange:020760)

Select Model

Rating:41Neutral

Action:initiatedcoverage

Date:10/28/26

The score is primarily constrained by weak and volatile financial performance—losses returning in 2025 alongside a steep revenue decline, plus persistently negative free cash flow. Balance-sheet leverage has improved versus prior years, but negative profitability limits resilience. Technicals and valuation contribute less due to missing indicator data and a negative P/E driven by losses.

Positive Factors

Improved leverageThe substantial reduction in leverage and continued positive equity provide a stronger financial base than in prior years. This improvement can reduce balance-sheet strain, preserve financing flexibility, and give the company more capacity to manage volatility while pursuing recovery.

Negative Factors

Revenue contractionThe sharp revenue decline signals weakening demand or reduced activity across the company’s display-related business. A smaller revenue base can reduce operating leverage, constrain investment capacity, and make it harder for the company to restore profitability over the next several quarters.

Iljin Display Co., Ltd Business Overview & Revenue Model

Company Description

Established in 1994 and based in Pyeongtaek, South Korea, Iljin Display Co., Ltd. serves as a global producer and supplier of IT components and specialized materials. The company's product offerings encompass a variety of touch panel solutions, inclu...

Iljin Display Co., Ltd Financial Statement Overview

Summary

Financials are weak and unstable: 2025 returned to losses (net margin ~-11%, negative EBIT) with a sharp revenue decline (~-22%) after a profitable 2024. The balance sheet has improved (debt-to-equity ~0.94 and positive equity), but negative ROE (~-22%) limits further strengthening. Cash flow is the biggest drag—operating cash flow is only slightly positive and free cash flow remains deeply negative, indicating ongoing cash burn and funding reliance.

Income Statement

34Negative

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	47.82B	57.88B	89.16B	54.33B	124.35B	101.44B
Gross Profit	3.30B	3.20B	8.60B	-2.05B	7.70B	-24.27B
EBITDA	-2.82B	-2.57B	9.85B	-7.31B	7.04B	-32.38B
Net Income	-5.58B	-6.28B	5.65B	-14.92B	-3.26B	-43.67B
Balance Sheet
Total Assets	62.95B	67.34B	78.89B	111.89B	117.30B	117.46B
Cash, Cash Equivalents and Short-Term Investments	4.88B	7.29B	5.42B	8.15B	17.63B	7.97B
Total Debt	19.22B	26.94B	21.64B	61.74B	67.61B	72.57B
Total Liabilities	29.12B	38.77B	43.66B	86.39B	88.37B	106.73B
Stockholders Equity	33.83B	28.57B	35.23B	25.50B	28.93B	10.73B
Cash Flow
Free Cash Flow	1.64B	-4.95B	-10.31B	-8.66B	-3.87B	-30.27B
Operating Cash Flow	5.09B	104.78M	-6.19B	-8.40B	-2.74B	-25.54B
Investing Cash Flow	3.74B	-1.96B	44.13B	5.23B	-467.73M	-6.91B
Financing Cash Flow	-632.82M	3.75B	-40.65B	-6.32B	13.06B	33.73B

Iljin Display Co., Ltd Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

KR:020760 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
KR:014910	55Neutral	KRW 33.25B	10.11	―	0.33%	11.41%	72.74%
KR:009320	47Neutral	KRW 45.55B	31.40	―	―	-2.93%	-67.69%
KR:020760	41Neutral	KRW 46.41B	-8.31	―	―	-50.65%	20.30%

* General Sector Average

Performance Comparison

KR:020760 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
KR:009320	AJIN ELECTRONIC COMPONENTS CO. LTD	924.00	-75.00	-7.51%
KR:014910	SUNGMOON Electronics Co., Ltd.	1522.00	399.94	35.64%
KR:053450	SEKONIX Co., Ltd.	2840.00	-2660.00	-48.36%
KR:081180	SEC Co., Ltd.	5540.00	-2830.00	-33.81%
KR:263600	DERKWOO ELECTRONICS Co., Ltd.	3490.00	-560.00	-13.83%

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

Iljin Display Co., Ltd AI Stock Analysis