Onejoon원준

Onejoon's trailing results have swung to a large loss in the first half of 2026, and the share price has fallen sharply over the past year.

Onejoon makes heat-treatment kiln equipment and turnkey production systems, mainly for battery cathode and anode materials, largely on a project-order basis. Over the trailing twelve months to H1 2026 it reported revenue of ₩32B-scale...

What stands out

• Trailing revenue is about ₩32.0B, with an operating loss of about ₩17.8B and a net loss of about ₩31.4B, compared with a 2025 operating profit of about ₩7.0B.
• The 2025 annual report showed revenue of ₩149.1B, roughly flat (-0.5%), but a net loss of about ₩13.1B.
• Cash of about ₩6.5B against borrowings of ₩25.0B, with liabilities at 79.2% of equity.
• The shares closed at ₩4,370, down 52.7% over one year and 14.1% over one month, versus a 52-week range of ₩3,230 to ₩12,150.
• Foreign ownership is 1.9% and unchanged over 60 days; the data shows no recent news headlines.

What to watch

• The next filings and results that will show whether the H1 2026 losses continue, since trailing revenue is far below the 2024 level.
• Whether the borrowings and cash position remain manageable, given the loss-making trailing period.
• The data gives a DCF base value of ₩5,137 against the ₩4,370 close, but this is a model output, not a forecast, and it relies on assumptions the data does not detail.