A-Tech Solution에이테크솔루션

A-Tech Solution's trailing revenue is steady near ₩305B, but it has swung to losses in the first half of 2026 and carries heavy debt.

A-Tech Solution is a Korean mold maker serving appliance and automotive customers, with operations in Korea and Thailand. Trailing twelve-month revenue is about ₩305B, but operating income is negative at about -₩2.7B and free cash flow is about -₩6.7B. Borrowings of about ₩106B against thin cash of ₩1.7B, and a liabilities-to-equity ratio of 266.6%, leave the balance sheet under pressure.

What stands out

• Trailing revenue of about ₩305B is roughly flat with the 2025 level of about ₩305B, after 5.5% growth in 2025.
• Operating margin has moved from a small profit in 2025 (0.2%) to a trailing loss of -0.9%, and net margin is -0.4%.
• Net income has fallen from ₩5.5B in 2021 to ₩0.5B in 2025 and is negative on a trailing basis.
• The stock closed at ₩4,870, down 23.4% over one year, and trades near 0.6 times book value; the 52-week range is ₩3,995 to ₩14,250.
• Foreign ownership rose from 1.3% to 2% over the last 60 days, while retail investors were net sellers over the past 20 days; the data gives no reason for these flows.
• The filings list show a half-year report for June 2026 filed on August 14, and a notice of a 30% or more change in revenue or profit structure filed in February 2026, but the data does not explain its contents.

What to watch

• The next quarterly or half-year filings, to see whether operating losses and negative free cash flow continue.
• Debt levels and refinancing: borrowings of about ₩106B against ₩1.7B of cash are a key pressure point.
• News coverage is absent in the data, so no recent company-specific developments can be confirmed; the dividend yield is 0%.