Unid btplus유니드비티플러스

Unid btplus remains loss-making on a trailing basis, though its share price has recovered from its 52-week low and its balance sheet looks lightly geared.

Unid btplus makes MDF wood panels and related products, mainly for furniture, interior materials and packaging, with its plant in Gunsan. Trailing twelve-month revenue to H1 2026 was ₩154.5B, with an operating loss of ₩7.8B and a net loss of ₩1.4B. The share price closed at ₩3,750 on 27 October 2026, about 3.4% lower over one month and up 19.8% over three months.

What stands out

• Revenue fell 19.2% in 2025 to ₩157.5B after a 15.5% rise in 2024, and the company has posted operating losses in 2023 and 2025.
• Trailing free cash flow was negative at about ₩2.8B, while cash of ₩41.8B exceeded borrowings of ₩16.0B.
• Liabilities were 21.7% of equity, and the stock trades at about 0.2 times book value, though no earnings-based valuation is available because profits are negative.
• Recent filings include a production halt and a disaster disclosure in early August 2026, a corrected disaster filing, and a corporate value-up plan dated 22 October 2026. The filings do not give full detail on the financial effect in the data provided.
• Foreign ownership fell from 1.7% to 0.9% over 60 days, while retail investors were net sellers over the last 20 days. No recent news headlines were available.

What to watch

• The next filed results and any update on the production halt and the effect of the August disaster on operations.
• Details of the corporate value-up plan and the status of the trust-held share acquisition and buyback contract.
• Whether operating margin returns to positive territory, as the data shows losses in the most recent period.