Iljin Power일진파워

Iljin Power's profits have recovered strongly on higher revenue, but the shares have fallen over the past year and the company carries heavy debt.

Iljin Power maintains power and nuclear plants in Korea and makes industrial equipment through its subsidiary Iljin Energy. For the twelve months to H1 2026 it reported revenue of ₩285B-scale... more precisely ₩285.3B in revenue (₩285,295,836,233) and ₩22.4B in net income, with the share price at ₩10,080, about 59% below its 52-week high of ₩24,500. The data does not explain the recent share price decline, and the filings list several contract and collateral items without giving their size or impact.

What stands out

• Trailing revenue of ₩285.3B and net income of ₩22.4B are well above 2025 full-year levels (₩252.0B revenue, ₩18.6B net income), and 2024 net income was ₩9.9B.
• Operating margin was 9.9% trailing versus 5.3% in 2024, and return on equity was 15.8%.
• Borrowings of ₩80.6B exceed cash of ₩52.8B, and liabilities are 113.9% of equity.
• Trailing free cash flow was ₩5.4B, a small amount relative to net income.
• The share price is down 14.6% over one month, 10.2% over three months and 8.8% over one year. Foreign ownership fell from 4.6% to 3.5% over 60 days, and foreign investors were net sellers over the last 20 days.
• Filings in the last few months include several collateral decisions for third parties, a share acquisition, major sales or supply contracts, and a progress update on embezzlement and breach of trust allegations. The data gives no details on the allegations' status or size.

What to watch

• Next results and any update to the half-year figures, since the data does not state an upcoming results date.
• Progress on the embezzlement and breach of trust allegations and any financial impact disclosed in later filings.
• Debt levels relative to cash, and whether free cash flow improves in line with reported profit.