Bosung Power Technology보성파워텍

Bosung Power Technology's trailing profits have recovered sharply from losses in 2021-2022, but the share price is down 25% over the past month.

The company makes power transmission and distribution equipment, mainly for Korea Electric Power Corporation. Trailing twelve-month revenue to H1 2026 was ₩139.5B with operating income of ₩22.3B and net income of ₩13.5B, and the balance sheet shows low borrowings of ₩192M against ₩27.9B of cash. The shares closed at ₩5,440, well below the 52-week high of ₩18,200.

What stands out

• 2025 revenue was ₩147.5B, up 91.4%, with operating income of ₩26.8B and an 18.2% operating margin.
• Trailing operating margin is 16% and net margin is 9.7%, a step down from the 2025 full-year levels.
• The DCF fair value model gives a base of ₩2,518, below the current ₩5,440 price; bear and bull values are ₩1,456 and ₩4,238.
• Foreign ownership fell from 7.3% to 4.2% over the past 60 days, while retail investors were net sellers of about ₩1.9B over the last 20 days.
• Recent filings are mostly amendments to contracts and the half-year report, plus 5%+ holding reports; no news headlines were available.

What to watch

• The half-year report was amended on 1 October 2026, so check the revised figures against the original numbers.
• Trailing margins and net income are below 2025 levels, so watch whether the next quarterly results hold up.
• Contract amendments were filed several times in 2026; the data does not say what changed in them.