CK Solution씨케이솔루션

CK Solution is loss-making on a trailing basis, with revenue roughly flat and the share price down sharply over the past year.

CK Solution designs and builds dry rooms and clean rooms for semiconductor, secondary battery and bio manufacturing, with secondary batteries its largest segment. For the twelve months to H1 2026 it reported revenue of ₩293B, an operating loss of ₩35B and a net loss of ₩30B, after a swing from a profit in 2024 to losses in 2025. The shares closed at ₩1,680 on 2026-10-26, far below the 52-week high of about ₩4,171.

What stands out

• Revenue was ₩291B in 2025, down 1.6%, while the operating margin moved from 5.6% in 2024 to -12.6% in 2025.
• Trailing free cash flow is positive at about ₩16B, even though the company is loss-making, and cash of ₩36B compares with borrowings of ₩22B.
• Liabilities are 193.1% of equity and trailing ROE is -39.7%.
• Recent filings include several major sales or supply contracts, one amended on 2026-08-31, and the half-year report for June 2026, though the filings do not give contract values in the data provided.
• Foreign ownership fell from 1.7% to 1.0% over about 60 days, and the 20-day flows show net foreign and institutional selling with net retail buying.
• No dividend yield is reported (0%), and the price-to-earnings ratio is not meaningful because earnings are negative; price-to-book is 0.9.

What to watch

• The next results and any updated profit or loss trend, since the data shows losses for both 2025 and the trailing twelve months.
• Details of the major supply contracts and whether they convert into revenue, which the data does not specify.
• Changes in the largest shareholder's holdings and insider filings, as well as the company's borrowings relative to its cash.