South Korean Olympic snowboard medal hopeful Lee Sang-ho continues to lead the World Cup standings for the season, despite missing the podium for only the second time in his latest competition in Austria.

Lee finished fifth in the men's parallel slalom race in the International Ski Federation (FIS) Snowboard World Cup in Bad Gastein, Austria, on Tuesday (local time). In his five previous World Cup races, Lee had collected one gold, one silver and one bronze in the parallel giant slalom, and one silver in the parallel slalom.

In alpine snowboard competitions, the top 16 athletes after the qualification are dropped into the tournament-style knockout brackets. Lee was the top qualifier and easily advanced to the quarterfinals when his first knockout opponent, Yannik Angenend of Germany, failed to finish his race.

But in the quarters, Benjamin Karl of Austria, seeded ninth after the qualification, upset Lee by 1.20 seconds.

Karl went on to finish in second place behind countryman, Arvid Auner, with another Austrian, Alexander Payer, completing the host country's podium sweep.

Lee remained at the top of the season standings with 405 World Cup points, 99 points ahead of Stefan Baumeister of Germany and Dmitrii Loginov of Russia.

The next World Cup stop will be in Simonhohe, Austria, on Friday. It will also be the final World Cup before the Feb. 4-20 Beijing Winter Olympics.

Lee was the surprise silver medalist in the parallel giant slalom at the 2018 PyeongChang Winter Olympics on home slope. He had since experienced ups and downs on the World Cup circuit, while also undergoing shoulder surgery, but he now appears to be rounding into form ahead of his second Olympic appearance at age 26.

Lee is the only South Korean athlete to win an Olympic medal in a snow event. (Yonhap)