Sanil Electric secures KRW 35.1 billion US order: what it means for Sanil Electric stock
Published on 10/19/2026 at 02:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSOrders and operating scale
- Sanil Electric signed a KRW 35.1 billion US transformer contract on October 6, 2026.
- Second-quarter revenue reached KRW 164.2 billion, up 28.0 percent year on year.
- Sanil Electric had a KRW 5.5 trillion market capitalization on October 19, 2026.
Sanil Electric (ISIN KR7062040001) had secured a KRW 35.1 billion contract for US battery energy storage transformers on October 6, 2026, according to Seoul Economic Daily. The order adds a concrete demand marker to a company whose recent results show orders growing faster than deliveries.
Three dated steps in the story
On August 7, 2026, Sanil Electric reported second-quarter revenue of KRW 164.18 billion and operating profit of KRW 62.04 billion, increases of 28.0 percent and 34.3 percent from a year earlier, as summarized by ATS View. On October 2, 2026, the stock was reported at KRW 225,500 intraday. On October 6, 2026, the company disclosed the KRW 35.1 billion US contract.
What does the order mean for growth?
The order is material beside the latest operating figures, but the broader signal is the order pipeline. In April through June 2026, new orders reached KRW 243.5 billion, up 163.4 percent year on year, while the June 30 backlog stood at KRW 556.7 billion, up 32.7 percent, according to MyTenbagger. The contrast matters: sales growth was strong, but new work expanded at a much faster rate.
Two dates set the next test
The next payment for the new plant site is scheduled for October 20, 2026, and the deadline for the third-quarter report is November 16, 2026, according to MyTenbagger. Those dates should help investors assess whether capacity expansion is keeping pace with the backlog.
Stock valuation and operating scale
Sanil Electric was trading at KRW 181,100 on the KOSPI on October 19, 2026 at 9:27 a.m. KST. Its 52-week range was KRW 115,800 to KRW 341,000, while its market capitalization stood at KRW 5.5 trillion on the same date. The current price sits below the yearly high, leaving the contract and the next operating update as the clearest company-specific reference points.
Sanil Electric stock facts
- Company: Sanil Electric Co., Ltd.
- ISIN: KR7062040001
- Ticker: 062040
- Primary exchange: Korea Exchange KOSPI
- Price on KOSPI (as of October 19, 2026, 9:27 a.m. KST): KRW 181,100.00
- Market capitalization: KRW 5.5 trillion (as of October 19, 2026)
- 52-week range: KRW 115,800.00-341,000.00 (as of October 19, 2026)
- Sector / Industry: Industrials / Electrical Equipment and Parts
Market context: Market report KOSPI.
