HT RoboticsHT로보틱스

HT Robotics' share price has more than doubled over the past year, but trailing profits are thin and free cash flow is negative.

HT Robotics makes aluminium die-cast parts for energy storage, electric vehicle, hydrogen and IT products, with customers including LG Electronics and Hyundai Kefico. On trailing twelve-month figures to H1 2026 it had revenue of ₩119B, a small operating profit of ₩3.8B (3.2% margin) and net income of ₩5.7B, after operating losses and falling revenue in 2025. The shares closed at ₩9,770, up 180% over one year, and trade at a P/E of about 45.7 and a P/B of 3.2.

What stands out

• Revenue has recovered from ₩85.8B in 2025, a 7.1% fall, to ₩119B on a trailing basis, while 2025 had an operating loss of ₩1.9B and 2024 also had one.
• Free cash flow was negative ₩22.9B over the trailing period, and borrowings of ₩12.2B exceed cash of ₩7.0B; liabilities are 106% of equity.
• The stock has risen 110% over one month and 235% over three months, near its 52-week high of ₩11,250, against a 52-week low of ₩2,270.
• Recent headlines focus on the company's North American ESS end-plate production passing 2 million units and its inclusion in five ETFs.
• Foreign ownership fell from 5.1% to 0.9% over about 60 days, with foreign investors net sellers over the last 20 days, while institutions were net buyers.

What to watch

• Third-quarter results and any updated guidance, since the data does not include a scheduled date.
• Whether free cash flow turns positive and how the company funds its debt and capital needs.
• The August 2026 company name change notice, since the company profile uses a different name (SEAH Mechanics), and recent insider shareholding reports.