매출 하락 → 마진 압박 → 현금 악화
Critical매출이 -27.3% 감소하며 영업이익률이 5.3%에서 1.5%로 하락했다. 영업현금흐름도 동반 감소하여 수익-현금 순환이 약화되고 있다.
Evidence
매출 YoY -27.3% (2023→2024)영업이익률 5.3%→1.5%영업CF 27,592→-34,695
COWINTECH
282880 · KOSDAQ₩10,300+3.52%
2026-09-04 closeCOWINTECH last closed at ₩10,300 (+3.52%) on 2026-09-04. Listed on KOSDAQ; price, financials and dividends update daily after market close.
Loading chart…
Close
No active signal.
New high + volume — the real recordrecord · not a prediction
Last 30 sessions
303 picks
Next-day win rate
50.7%
Avg next-day
-0.11%
vs market
-0.49%p
Every new-high-plus-volume pick we actually published (Korea market) — not this stock alone.
Trade plan
Fill entry, stop, account size and risk percent to get a share count. The stop must sit below the entry.
A calculator · not advice or a guarantee
Financials & valuation at a glance
B
Overall: 기계 54/115 · top 47%
Factor composite · relative position in sector
PER 7.44 · PBR 0.68 — own-history percentile 100/100 · 100/100
Open self-history band
PER100/100
PBR100/100
Factual information · not investment advice
Past reported results · not investment advice
More — deeper indicators
Annual dividend
Split-adjusted annual DPS history and available grade axes
Paid 3 consecutive years · Raised 0 consecutive years · Yield 1.94% (based on 2025 payment of 200원)
Per-share amount adjusted for splits and capital reductions · Factual information, not investment advice.
Financial safety
Reference indicatorAs of 2024Safe zoneFinancial-metric reference signal
Altman Z'' zoneZ'' 3.68
Distress
Grey
Safe
- Altman Z''
- 3.68
- Beneish M-Score
- -1.48
- Sloan accrual
- 11.61%
Statistical manipulation-risk signal
부실·조작 위험을 나타내는 사실 지표입니다. 투자 조언이 아니며, 검증 전이라 참고용입니다.
Factual information, not investment advice.
Why has this company moved this way?
Auditable observations with the original numeric evidence.
Factual information, not investment advice.
Earnings quality · Piotroski F-Score
6/9Moderate
Piotroski measures year-over-year financial improvement, not absolute quality.
Financial improvement score6/9
Profitability
- Positive ROAPass
- Positive OCFNot passed
- Improving ΔROAPass
- Accruals (OCF > net income)Not passed
Leverage & liquidity
- Lower debtPass
- Higher current ratioPass
- No new sharesPass
Efficiency
- Higher gross marginPass
- Higher asset turnoverNot passed
Calculation note: F7(신주)은 equity/asset 유지로 근사
Already-stable companies may score lower when year-over-year improvement is limited.
Factual information, not investment advice.
Forensic signals
Anomaly and structural signals observed in the financial statements.
Revenue qualityDanger
매출 흑자인데 영업CF 적자 (OCF/매출 -14%). 통계적 정황 신호이며 회계부정 단정이 아닙니다.
Margin trendWarning
영업외손익 급변 (영업이익 대비 515% 규모 변동) — 일회성 손익 주의. 통계적 정황 신호이며 회계부정 단정이 아닙니다.
Factual information, not investment advice.
Industry structure
KRAs of 2026-09-05기계
This stock is in 기계: revenue rank 39 of 114, share 0.3%.
39 / 1140.3%revenue share
Who dominates this industry?
- 1LS28.3%
- 2두산에너빌리티16.7%
- 3효성중공업5%
- 4LS ELECTRIC4.7%
- 5현대로템4.5%
- 6코윈테크0.3%
Concentration
DistributedCR3 50.1%HHI and CR3 are separate industrial-organization facts; they are not the polarization verdict.
Polarization
MixedConsistentPolarization measures industry gaps and structure, not valuation, forecast, or investment advice.
Margin lens
- IQR%p
- 11.8
- Direction
- 확대
- Level
- 보통
- Years
- 7
Value lens
- P90/P10
- 19.1
- Median P/B
- 1.14
- Level
- 넓음
- n
- 103
Survivorship note: 현재 산업 멤버십을 과거 연도에 소급 적용 — 과거 진입·퇴출 기업 미반영(복원 불가)
Factual information, not investment advice.
Risk sensitivity — adverse assumptions
Metric changes under stated assumptions; not a forecast or investment advice.
Base metrics
- Operating margin
- 1.5%
- Interest coverage
- 0.9x
- Return on equity (ROE)
- 9.2%
Operating margin −5pp
Operating lossInterest coverageBase 0.9x adverse case -2.3x
Return on equity (ROE)Base 9.2% adverse case -7%
Revenue −15%
Interest coverage riskInterest coverageBase 0.9x adverse case 0.8x
Return on equity (ROE)Base 9.2% adverse case -0.4%
Interest rate +2pp
Interest coverage riskInterest coverageBase 0.9x adverse case 0.4x
Return on equity (ROE)Base 9.2% adverse case -3.1%
Interest coverage limit
Already below the limit by 0.1ppInterest coverage limit at an operating margin of 1.6%
Interest expense coverage threshold
Key suppliers · Annual report
Annual reportDART · 2026-03-18Suppliers disclosed by the company in its 2026-03-18 annual report.
Suppliers without disclosed amount
코윈솔루션탑머티리얼Price comovement r=0.47 (1 year)코윈에너지PLCCowintechWroclawNANJINGHUYINGAUTOMATIONEQUIPMENTTECHNOLOGYLTD+7 more
Who held it · filings
Filed recordA historical record from curated-guru 13F filings and DART 5%+ major-holding disclosures.
US 13F는 분기 공시이며 최대 45일 뒤 제출될 수 있습니다.
5%+ major-holding disclosures
- 이재환21.33%2026-04-01 · 증감 +0.06%p
Other stocks held by the same investors
A filing-based shared-holder record, not investment advice.
- 톱텍KRA108230 →
Shared holders: 이재환
Connections
AI-extracted related companies · for reference
Customers
Competitors
Recent filings
COWINTECH's latest filings on Korea's DART. Open a headline for a reference summary and the original.
Source: DART (Korea electronic disclosure)
About COWINTECH
- What technical signals does COWINTECH (282880) have?
- COWINTECH current technical signals: no active technical signal.
- Is COWINTECH a cup-and-handle pattern?
- No. COWINTECH has no valid cup-and-handle signal right now.
- What are COWINTECH's financials and valuation?
- COWINTECH's income statement, balance sheet and cash flow are free for the most recent 8 years; the full history is on Pro. PER/PBR, dividend yield and sector valuation bands are free.
Like these rules? Backtest them.
Run this signal on this ticker in the free backtest builder — same window, no install.
Backtest this rule ↗Quantus Signal · live data · not investment advice · Privacy Policy