매출 하락 → 마진 압박 → 현금 악화
Critical매출이 -28.8% 감소하며 영업이익률이 26.6%에서 19.2%로 하락했다. 영업현금흐름도 동반 감소하여 수익-현금 순환이 약화되고 있다.
Evidence
매출 YoY -28.8% (2023→2024)영업이익률 26.6%→19.2%영업CF 30,072→15,959
NOVATECH
285490 · KOSDAQ₩11,690+1.04%
2026-09-04 closeNOVATECH last closed at ₩11,690 (+1.04%) on 2026-09-04. Listed on KOSDAQ; price, financials and dividends update daily after market close.
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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: IT하드웨어 96/211 · top 45%
Factor composite · relative position in sector
PER 7.14 · PBR 0.74 — own-history percentile 81/100 · 100/100
Open self-history band
PER81/100
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 6 consecutive years · Raised 3 consecutive years · Yield 12.05% (based on 2025 payment of 1,409원) · 3-year growth +204.3%
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'' 17.74
Distress
Grey
Safe
- Altman Z''
- 17.74
- Beneish M-Score
- -2.74
- Sloan accrual
- 0.74%
No statistical flag
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.
차입 증가 → 이자부담 → 수익성 악화
Critical부채가 +12.3% 늘며 이자보상배율이 1583.2x에서 704.4x로 하락했다. ROE도 15.9%에서 7.6%로 낮아져 차입 부담이 수익성을 누르고 있다.
Evidence
부채 YoY +12.3%이자보상배율 1583.2x→704.4xROE 15.9%→7.6%
Factual information, not investment advice.
Earnings quality · Piotroski F-Score
4/9Moderate
Piotroski measures year-over-year financial improvement, not absolute quality.
Financial improvement score4/9
Profitability
- Positive ROAPass
- Positive OCFPass
- Improving ΔROANot passed
- Accruals (OCF > net income)Not passed
Leverage & liquidity
- Lower debtNot passed
- Higher current ratioPass
- No new sharesPass
Efficiency
- Higher gross marginNot passed
- 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.
Margin trendWarning
영업이익률 악화 (26.6% → 19.2%, -7.4%p). 통계적 정황 신호이며 회계부정 단정이 아닙니다.
Factual information, not investment advice.
Industry structure
KRAs of 2026-09-05IT하드웨어
This stock is in IT하드웨어: revenue rank 128 of 211, share 0.1%.
128 / 2110.1%revenue share
Who dominates this industry?
- 1LG이노텍24.4%
- 2삼성전기11.8%
- 3삼지전자3.9%
- 4에스에이엠티3.3%
- 5영풍3.2%
- 6노바텍0.1%
Concentration
DistributedCR3 40.1%HHI and CR3 are separate industrial-organization facts; they are not the polarization verdict.
Polarization
MixedDivergent lensesPolarization measures industry gaps and structure, not valuation, forecast, or investment advice.
Margin lens
- IQR%p
- 6.82
- Direction
- 축소
- Level
- 좁음
- Years
- 7
Value lens
- P90/P10
- 10.9
- Median P/B
- 0.97
- Level
- 넓음
- n
- 193
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
- 19.2%
- Interest coverage
- 704.4x
- Return on equity (ROE)
- 10.4%
Operating margin −5pp
TolerableInterest coverageBase 704.4x adverse case 520.6x
Return on equity (ROE)Base 10.4% adverse case 5.6%
Revenue −15%
TolerableInterest coverageBase 704.4x adverse case 598.7x
Return on equity (ROE)Base 10.4% adverse case 6.4%
Interest rate +2pp
TolerableInterest coverageBase 704.4x adverse case 35.5x
Return on equity (ROE)Base 10.4% adverse case 7.4%
Interest coverage limit
Current margin 19.1ppInterest coverage limit at an operating margin of 0%
Interest expense coverage threshold
Key suppliers · Annual report
Annual reportDART · 2026-03-19Suppliers disclosed by the company in its 2026-03-19 annual report.
Suppliers without disclosed amount
Magnet
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
- 오춘택54.29%2026-04-30 · 증감 +0.02%p
Connections
AI-extracted related companies · for reference
Competitors
Same theme
Recent filings
NOVATECH's latest filings on Korea's DART. Open a headline for a reference summary and the original.
Source: DART (Korea electronic disclosure)
About NOVATECH
- What technical signals does NOVATECH (285490) have?
- NOVATECH current technical signals: no active technical signal.
- Is NOVATECH a cup-and-handle pattern?
- No. NOVATECH has no valid cup-and-handle signal right now.
- What are NOVATECH's financials and valuation?
- NOVATECH'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.
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