Jahwa Electronics자화전자

Jahwa Electronics has returned to profit over the last twelve months after losses in 2022 and 2023, but its share price has fallen sharply over the past month.

Jahwa Electronics makes smartphone camera actuators, vibration motors and PTC heaters, with plants in South Korea and Vietnam. On trailing twelve-month figures to H1 2026 it reported revenue of ₩1.0T and net income of ₩112B, with a P/E of about 4 and a P/B of 0.9 at the latest close of ₩20,800. The shares are still well below their 52-week high of ₩60,000 and are down 19.4% over one month.

What stands out

• Trailing twelve-month revenue is about ₩1.0T, up from ₩849B in 2025, and operating margin is 9.2% versus 4.9% for 2025.
• Net income of ₩112B on the trailing basis is well above the ₩47B reported for 2025, which may partly reflect non-operating items; the data does not break this down.
• Liabilities are 67.8% of equity, with borrowings of ₩221B against cash of ₩126B.
• Foreign ownership fell from 15% to 12.5% over about 60 days, while the 20-day flows show retail investors net selling about ₩271M.
• Filings in 2026 include an amended half-year report, a 5%+ holding report and a buyback trust contract signed on 2 October; no news headlines were provided.

What to watch

• The next quarterly or half-year results and whether margins hold near the trailing level.
• Details of the buyback trust contract and the 5%+ holding report, which the data does not describe in full.
• Customer concentration and smartphone camera demand, which the data does not quantify; no dividend is paid (yield 0%).