Mintech민테크

Mintech's revenue is roughly flat, but losses remain deep and the share price is far below a year ago.

Mintech sells battery diagnostic and test equipment for electric vehicle and energy storage makers. For the trailing twelve months to H1 2026 it reported revenue of about ₩22.4B, an operating loss of about ₩5.8B and a net loss of about ₩7.1B. The share price closed at ₩1,621 on 2026-10-19, with a market cap of about ₩39.4B and a 1-year return of -50.4%.

What stands out

• Revenue was about ₩21.0B in 2025 and ₩20.9B in 2024, so top-line growth has been close to flat, with 2025 up 0.8%.
• Operating margin improved from -52.6% in 2024 to -41.9% in 2025, and is -26.1% on the trailing twelve-month figures to H1 2026.
• Cash was about ₩4.5B and the data shows no borrowings, with liabilities at 70.7% of equity and trailing free cash flow of about -₩0.8B.
• Filings include a major sales or supply contract dated 2026-07-02, but the data does not describe its size or terms.
• Foreign ownership rose slightly to 1.8% from 1.7% over 60 days, while retail investors were net sellers over the last 20 days. No recent news headlines are in the data.

What to watch

• The next filings and results after the half-year report of 2026-08-14, including whether losses narrow further.
• Details of the July 2026 supply contract, such as customer, value and timing, which are not in the data.
• Ongoing insider shareholding and 5%+ holding reports, and the stock's large swings over the past year.