Point Engineering포인트엔지니어링

Point Engineering is loss-making on a trailing basis, with revenue holding near ₩35B while the share price has fallen sharply over the past year.

Point Engineering makes aluminum surface-treated parts for display and semiconductor process equipment, with exports a large share of sales. Over the last twelve months to H1 2026 it reported revenue of ₩34.5B, an operating loss of about ₩0.2B and a net loss of ₩5.1B. At ₩4,020 the shares are down 29.8% over one year and sit well below the 52-week high of about ₩6,105.

What stands out

• Trailing revenue of ₩34.5B is slightly below the ₩36.0B reported for 2025, and the operating margin has moved from 2.3% in 2025 to roughly break-even on a trailing basis.
• Net loss of ₩5.1B on the trailing figures is much larger than the operating loss, so non-operating items or other charges appear to weigh on results; the data does not explain the cause.
• The 2025 annual net loss was ₩5.9B after a 2024 net profit of ₩1.4B, so earnings have been volatile.
• Borrowings of ₩21.1B exceed cash of ₩4.5B, while trailing free cash flow was positive at ₩2.9B.
• The company's own DCF-based fair value model gives a base of ₩295 per share, far below the current price; the data gives no analyst ratings or price targets to compare with this.

What to watch

• The next periodic filings and any update to the operating and net loss trend, since the H1 2026 half-year report was filed on 14 August 2026.
• Foreign ownership has slipped from 0.6% to 0.5% over 60 days and foreign investors recorded net selling over the last 20 days, so further flow changes are worth tracking.
• Two trading halts were filed in April and May 2026; the data does not say why, so the reasons should be checked in the filings themselves.