Hwacheon Machine Tool화천기공

Hwacheon Machine Tool is a small, low-margin machinery maker trading near book value, with thin profits and negative free cash flow in the latest period.

Trailing results to H1 2026 show revenue of about ₩247B, an operating margin of 4.2% and net income of about ₩20B, which was well above operating income, so the bottom line may include non-operating or one-off items the data does not explain. The shares closed at ₩34,300 on 27 October 2026, roughly 3.7 times earnings and 0.2 times book value, with a 3.8% dividend yield. The company profile in the data is missing, so the detailed business description is not available here.

What stands out

• Revenue has been broadly flat to down over 2023 to 2025, and 2025 operating margin was 1.9%, with 2024 operating income negative.
• Trailing free cash flow is negative at about -₩0.5B, while borrowings of about ₩31B exceed cash of about ₩25B.
• Net income in 2022 (₩37B) and the trailing period (₩20B) are well above operating income, which suggests non-operating gains or other items.
• The share price is down 8% over one month but up 11.2% over three months and 6.4% over one year, sitting between its 52-week low of ₩29,450 and high of ₩44,850.
• Foreign ownership rose from 9% to 10.4% over 60 days, while retail investors were net sellers over the last 20 days; the filings list includes a value-up plan and a cash dividend decision in February 2026.

What to watch

• The full-year 2026 results and the next quarterly report, to see whether margins and free cash flow improve from the current thin levels.
• Any further filings on the value-up plan or dividend, which bear on the 3.8% yield the data shows.
• The company profile and news coverage are empty in the data, so any new disclosures or news about the business are not visible here.