Y2 Solution와이투솔루션

Y2 Solution's shares have roughly doubled from their 52-week low, but the company is loss-making on a trailing basis and carries a heavy debt load relative to equity.

Y2 Solution, a Korean power supply and industrial equipment maker, reported a trailing twelve-month revenue of about ₩269B through H1 2026 but posted an operating loss and a net loss of about ₩5.0B. Its share price closed at ₩3,550 on 15 October 2026, up 13.2% over one month, though still well below its 52-week high of ₩9,900. The data does not include a forward forecast or analyst view.

What stands out

• Trailing revenue of ₩269B is up from ₩165B in 2025, but the business swung to losses: TTM operating margin is -0.2% and net margin is -1.8%.
• Free cash flow is negative at about -₩38.5B on a trailing basis, while cash of ₩11.8B sits against borrowings of ₩4.9B and liabilities at 121% of equity.
• The company pays no dividend, and the 2025 year-end P/B was 1.5 with no meaningful P/E because earnings were negative.
• Recent filings are routine: half-year report for June 2026, a share cancellation decision, and 5%+ and insider shareholding reports in August.
• The only news headline in the data is a 13 October item on Phase 1/2a clinical results for a dry macular degeneration cell therapy, which is outside the core electronics business.

What to watch

• The next quarterly or half-year results, to see whether operating income turns sustainably positive after the 2025 and H1 2026 losses.
• The share cancellation decision and any follow-up filings, which could affect the share count.
• Cash flow and debt levels, since free cash flow is negative and liabilities are high relative to equity; the data does not show the outlook for either.