RS Automation알에스오토메이션

RS Automation remains loss-making with shrinking revenue, and its shares are down sharply over the past year.

RS Automation makes robot motion controllers and energy control equipment such as solar, ESS and fuel cell power conditioners. On trailing twelve-month figures to H1 2026 it had revenue of ₩72.1B, an operating loss of ₩4.2B and a net loss of ₩4.7B, and its shares closed at ₩8,020 on 29 October 2026, about 72% below the 52-week high of ₩28,800.

What stands out

• Revenue has fallen for several years, from ₩113.4B in 2021 to ₩67.0B in 2025, and operating losses have continued every year since 2023.
• The 2025 net loss of ₩4.0B followed a much larger ₩9.1B loss in 2024, while the trailing figures show a net loss of ₩4.7B.
• The balance sheet carries ₩14.1B of borrowings against ₩10.6B of cash, with liabilities at 56.6% of equity and trailing free cash flow of -₩4.5B.
• Trailing price-to-book is about 1.8 and price-to-sales about 1.4, but earnings-based ratios are not meaningful because profits are negative; no dividend is paid.
• Foreign ownership rose from 3.5% to 5.6% over about 60 days, while retail investors were net sellers over the last 20 days.

What to watch

• The next quarterly and annual results, to see whether operating losses narrow and revenue stabilises.
• Filings on the 5%+ holding reports and any further amendments to the half-year report, which the data does not explain in detail.
• News on the planned K-robot parts ecosystem and policy proposals; the data does not show their financial impact or timing.