Oneul E&M오늘이엔엠

Oneul E&M is still loss-making and heavily indebted, with its share price down 7.7% over three months despite a 19.2% gain over one year.

The company reported trailing twelve-month revenue of ₩19.1B to H1 2026 but still posted an operating loss of ₩2.0B and a net loss of ₩30.1B, with a negative ROE of -130.6%. Its liabilities are 570.3% of equity, against cash of ₩16.5B and borrowings of ₩3.0B. Its main business is base station and in-building antennas, with robots and cosmetics as smaller lines.

What stands out

• Trailing revenue of ₩19.1B is above the ₩16.7B reported for 2025, but the operating margin is still negative at -10.2%.
• The 2025 net loss of ₩78.3B was far larger than the operating loss of ₩1.8B, so non-operating items matter a lot here.
• Recent filings are dominated by share issuance and convertible bond activity, including a rights offering decision and several small public offering documents.
• A lawsuit filing or ruling and fines disclosed in August are listed among recent filings, but the data does not give their size or outcome.
• News in October covers a new patent filing for semi-active base station antenna technology, with no financial impact given.

What to watch

• Details and timing of the rights offering and the small public offering, since new shares could dilute existing holders.
• Whether the company can turn its operating loss positive, given the negative margins across recent years.
• Outcome of the lawsuit and the fines, which the data does not describe in detail.