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JS Corporation (194370) AI Stock Analysis

KR:194370

JS Corporation

(Korea Exchange:194370)

Select Model
Rating:63Neutral
Price Target:$12,024.00â–²(6.50% Upside)
Action:initiatedcoverage
Date:10/28/26

The score is supported by very compelling valuation (low P/E and high dividend yield), but is held back by elevated leverage and materially weaker recent cash flow, alongside bearish technical signals (price below key moving averages with negative MACD).

Positive Factors
Recent Revenue Growth and Operating ProfitabilityRecent revenue growth combined with double-digit EBIT margin indicates solid operating execution and continued demand for the company’s products. If maintained, this profitability provides internal resources for investment and helps preserve competitive capacity over the next several quarters.
Negative Factors
Elevated LeverageDebt remains substantial relative to equity, even after recent improvement in leverage. This can restrict financial flexibility, increase exposure to funding conditions, and leave fewer resources available for investment or resilience if operating performance weakens.

JS Corporation (194370) vs. SPDR S&P 500 ETF (SPY)

-10%0%10%20%30%40%50%60%KR:194370+17.39%SPY+11.79%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
KRW 327.60B
Dividend Yield
6.20%
Average Volume (3M)
57.90K
Price to Earnings (P/E)
3.1
Beta (1Y)
0.20
Revenue Growth
21.32%
EPS Growth
―
Country
KR
Employees
90
Sector
General
Sector Strength
55
Industry
Apparel - Footwear & Accessories

JS Corporation Business Overview & Revenue Model

Company Description

Established in 1985, JS Corporation, headquartered in Seoul, South Korea, is an international enterprise specializing in the production and distribution of premium leather handbags worldwide.

JS Corporation Financial Statement Overview

Summary

Income statement is solid (recent TTM revenue +10.5% with ~11.9% EBIT margin), but the balance sheet shows elevated leverage (~1.53x debt-to-equity) and cash flow weakened materially (TTM free cash flow down ~49% vs 2025 with low operating cash flow coverage vs debt). Overall: good earnings power, but higher financial risk and cash-flow volatility.

Income Statement

72Positive

Balance Sheet

58Neutral

Cash Flow

44Neutral
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue1.44T1.29T1.12T862.77B975.07B987.02B
Gross Profit281.14B238.46B210.60B171.30B173.26B156.28B
EBITDA192.63B162.83B200.53B93.54B107.38B83.63B
Net Income81.55B76.55B97.43B44.29B64.60B48.26B
Balance Sheet
Total Assets2.03T2.09T1.83T762.88B533.77B552.28B
Cash, Cash Equivalents and Short-Term Investments84.04B151.54B109.70B144.74B62.03B32.42B
Total Debt862.13B830.35B862.07B346.60B169.78B210.94B
Total Liabilities1.41T1.56T1.32T470.07B278.29B350.39B
Stockholders Equity562.95B529.46B474.25B292.66B255.36B201.75B
Cash Flow
Free Cash Flow62.59B117.07B9.82B74.70B60.76B14.08B
Operating Cash Flow84.54B127.91B36.07B95.76B123.85B26.22B
Investing Cash Flow-59.73B-31.17B-273.91B-213.53B-64.96B6.97B
Financing Cash Flow-49.93B-49.82B204.62B180.41B-40.30B-36.44B

JS Corporation Technical Analysis

Technical Analysis SentimentNegative
Last Price11290.00

Price Trends

50DMA12543.60Negative
100DMA12227.05Negative
200DMA12155.16Negative

Market Momentum

MACD-354.68Positive
RSI40.24Neutral
STOCH41.15Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KR:194370, the sentiment is Negative. The current price of 11290.00 is below the 20-day moving average (MA) of 11891.50, below the 50-day MA of 12543.60, and below the 200-day MA of 12155.16, indicating a bearish trend. The MACD of -354.68 indicates Positive momentum. The RSI at 40.24 is Neutral, neither overbought nor oversold. The STOCH value of 41.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KR:194370.

JS Corporation Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

KR:194370 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
KR:194370KR:19437063NeutralKRW 327.60B3.10―6.20%21.32%―
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
KR:007690KR:00769054NeutralKRW 263.17B6.53―4.24%30.58%59.17%
KR:005950KR:00595051NeutralKRW 223.93B2.70――37.28%―
KR:008730KR:00873047NeutralKRW 302.31B60.48―2.05%8.51%―
KR:002020KR:00202045NeutralKRW 264.86B-4.22―2.82%1.76%56.77%
KR:005420KR:00542042NeutralKRW 366.00B-18.59――2.95%67.82%

* General Sector Average

Performance Comparison

-50%0%50%KR:194370KR:002020KR:005420KR:005950KR:007690KR:008730Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
KR:194370 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
KR:194370JS Corporation11290.001559.3216.02%
KR:002020Kolon Corporation19500.00-26019.46-57.16%
KR:005420Cosmo Chemical Co., Ltd.9540.00-9870.00-50.85%
KR:005950ISU CHEMICAL CO. LTD.8730.00-1590.00-15.41%
KR:007690Kukdo Chemical Co., Ltd.30650.0091.550.30%
KR:008730Youlchon Chemical Co., Ltd.12190.00-20550.54-62.77%
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