Haechitech해치텍

Haechitech, a recently listed Korean fabless sensor chip designer, is loss-making and its shares have fallen sharply since listing.

Haechitech designs magnetic and related sensor chips and outsources manufacturing and packaging. Its trailing results to H1 2026 show revenue of about ₩14.1B against an operating loss of about ₩2.4B and a net loss of about ₩8.0B, with negative free cash flow of about ₩2.4B. The shares closed at ₩9,350 on 2026-10-27, down 27.2% over one month, with a 52-week range of ₩7,520 to ₩21,400.

What stands out

• Operating margin is -17% and net margin is -57% on the trailing figures, so the net loss is far larger than the operating loss.
• Cash of about ₩4.3B exceeds borrowings of about ₩0.7B, and liabilities are 59.3% of equity.
• Price-to-book is 6.4 and price-to-sales is 3.6, while earnings-based multiples are not available because the company is loss-making.
• Foreign ownership rose slightly to 1.6% from 1.3% over 60 days, while the 20-day flows show foreign and institutional net selling and retail net buying.
• Filings include a half-year report for June 2026 and a change of head office location dated 2026-10-26; the data contains no revenue growth figure or analyst views.

What to watch

• The next periodic results and whether losses narrow from the H1 2026 trailing levels; the data does not give a forecast.
• Further insider shareholding and 5%+ holding filings, which have been frequent since listing.
• Share price stability after the sharp one-month decline; the 3-month and 1-year returns are not yet available in the data.