Orient Precision Industries오리엔트정공

Orient Precision's shares have fallen sharply over the past year as the company slipped back to a small operating loss on falling revenue and heavy borrowings.

Orient Precision Industries is a KOSDAQ-listed auto parts maker that supplies transmission and engine components mainly to Hyundai Motor and Kia. For the twelve months to H1 2026 it reported revenue of ₩157B-equivalent scale (₩157.4B), an operating loss of ₩0.9B and a net loss of ₩0.3B, with borrowings of ₩35.0B against cash of ₩3.1B. The share price closed at ₩883 on 2026-10-27, far below its 52-week high of ₩3,420.

What stands out

• Trailing revenue is about ₩157.4B, close to the 2025 level of ₩157.1B, which itself fell 9.4% from 2024.
• 2025 was profitable at the operating line (₩0.9B) and net line (₩1.8B), but the trailing twelve months show a return to operating and net losses.
• Liabilities are 218.5% of equity and free cash flow over the period was about -₩5.5B, so the balance sheet is stretched.
• The share price is down 69.6% over one year and 19.3% over three months, while the price-to-book ratio is 0.9 and the company pays no dividend.
• Recent filings include a share consolidation decision, a rights offering (paid-in capital increase) decision and a notice of shareholders' meeting, and a October 2026 news item says the company aims for half its revenue from electrification within several years.

What to watch

• The upcoming shareholders' meeting and the outcome of the share consolidation and rights offering, which could change the share count and dilute existing holders.
• The next quarterly or annual filings, to see whether operating losses continue and whether borrowings and negative free cash flow ease.
• Foreign ownership has fallen from 5.5% to 4.0% over 60 days; the data does not explain the reason or give any forecast.