Junjin Construction & Robot전진건설로봇

Jeonjin Construction & Robot's profit fell in 2025 and in the trailing year, even as revenue grew, while the share price is down over the past year.

Jeonjin is a Korean maker of truck-mounted concrete pump cars, with exports and a subsidiary (MTR) that builds electric purpose-built vehicles. Trailing twelve-month revenue is about ₩183.6B and operating income about ₩24.5B, a 13.3% operating margin, versus 18.5% in 2024. The shares closed at ₩38,800 on 2026-10-23, roughly 19% lower over one year, though up 23% over three months.

What stands out

• Revenue rose 12.3% in 2025 to about ₩190.7B, but operating income fell from ₩31.3B in 2024 to ₩28.7B, and the operating margin dropped from 18.5% to 15.1%.
• Trailing net income (about ₩35.0B) is above trailing operating income, which the filings do not explain in the data provided.
• Balance sheet figures show cash of about ₩8.5B and borrowings of about ₩1.5B, with liabilities at 42% of equity and trailing free cash flow of about ₩39.9B.
• A discounted cash flow model in the data gives a base value of ₩33,307 per share, below the current price, with a bear case of ₩22,918 and a bull case of ₩50,665. These are model outputs, not forecasts.
• Foreign ownership fell from 1.2% to 0.3% over the past 60 days, while retail investors were net sellers over the last 20 days.

What to watch

• Full-year 2026 results and the next quarterly filings, to see whether margins recover from the trailing 13.3%.
• Dividend record date and payment following the cash dividend decision filed on 2026-07-21; the data shows a 3.6% dividend yield.
• Progress of the MTR electric purpose-built vehicle business, which the data does not show in financial detail.