Yura Tech유라테크

Yura Tech is back to a small operating loss on flat revenue, and its shares have fallen about a third over the past year.

Yura Tech makes automotive ignition components and wire harnesses, selling mainly to Hyundai Motor, Kia and Hyundai Mobis. Over the trailing twelve months to H1 2026 it reported revenue of about ₩201B and an operating loss of about ₩1.4B, though net income of about ₩9.7B was positive, which the data does not explain. The shares closed at ₩5,250 on 23 October 2026, a market capitalisation of about ₩60B.

What stands out

• Revenue has been broadly flat for several years, moving between about ₩184B and ₩210B since 2021, and was down 2% in 2025.
• Operating margin was -0.7% on a trailing basis, against 5.2% in 2024 and 0.9% in 2025, so profitability has been thin and inconsistent.
• Net income is well above operating income on a trailing basis, so the gap is likely non-operating items, but the data does not break this down.
• Balance sheet looks modest: liabilities are about 22% of equity and cash of about ₩28B exceeds borrowings of about ₩5.4B.
• Shares trade around 6x trailing earnings and 0.4x book, with a 3.8% dividend yield, and foreign ownership is small at 1.9%.

What to watch

• The full-year 2026 results and the next quarterly report, to see whether the trailing operating loss persists.
• Whether the strong trailing net income reflects recurring earnings, since the data does not explain its source.
• Price weakness: the shares are down 34.5% over one year and near their 52-week low of ₩5,130.