Sanil Electric wins US transformer order: Sanil Electric stock sits below its high
Published on 10/14/2026 at 02:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSOrder and delivery schedule
- Sanil Electric received a KRW 35.1 billion transformer order on October 6, 2026.
- The 2026 half-year revenue figure was KRW 164.2 billion.
- Sanil Electric stock was last at KRW 218,500 on KOSPI on October 14, 2026 at 9:22 a.m. KST.
- The contract runs from September 22, 2026, to September 13, 2032.
Sanil Electric (ISIN KR7062040001) secured a KRW 35.1 billion US transformer order announced on October 6, 2026. The contract connects the Korean electrical-equipment maker with a battery energy storage system project and gives Sanil Electric stock a concrete order figure for the current investment case.
Contract supports US expansion
According to Seoul Economic Daily on October 6, 2026, Sanil Electric signed a KRW 35.1 billion contract to supply transformers for a US battery energy storage system project.
Economy Reports said the contract value equals 6.99 percent of the company's recent sales. The order covers pad-mounted transformers, while the customer remains undisclosed under a confidentiality agreement.
What does the order add?
The comparison with sales is the key signal: KRW 35.1 billion represents a visible order contribution against recent revenue of KRW 501.9 billion. The contract therefore adds 6.99 percent of that reported sales base, although the disclosure does not allocate revenue by delivery year.
Kospik reported that Sanil Electric's 2026 half-year revenue reached KRW 164.2 billion, compared with KRW 128.3 billion in the prior-year period. Operating profit was KRW 62.0 billion versus KRW 46.2 billion, while net income reached KRW 54.6 billion versus KRW 37.9 billion.
Three dates define the buildout
The latest sequence began with the half-year report dated August 14, 2026, followed by the purchase order received on October 2, 2026, and the contract disclosure on October 6, 2026. Economy Reports recorded the purchase order at USD 25.8 million and the contract value at KRW 35.1 billion.
Delivery schedule spans six years
The stated contract period runs from September 22, 2026, to September 13, 2032. The latter date is the warranty end date, so the full period does not represent a one-for-one production and delivery schedule; annual revenue timing remains dependent on the project's execution.
Stock remains below yearly high
Sanil Electric was last at KRW 218,500 on KOSPI on October 14, 2026 at 9:22 a.m. KST. The price stood 35.92 percent below the 52-week high of KRW 341,000, while the market capitalization was KRW 6.7 trillion and the 52-week range was KRW 107,650 to KRW 341,000.
For investors, the order supplies a measurable US growth reference, while the half-year figures show that the business entered the contract period with revenue of KRW 164.2 billion and operating profit of KRW 62.0 billion. The main variable is timing: the contract amount is clear, but its contribution will depend on deliveries across the stated project schedule.
Sanil Electric stock facts
Sanil Electric stock facts
- Company: Sanil Electric Co., Ltd.
- ISIN: KR7062040001
- Ticker: 062040
- Primary exchange: KOSPI
- Price on KOSPI: KRW 218,500.00 as of October 14, 2026, 9:22 a.m. KST
- Market capitalization: KRW 6.7 trillion as of October 14, 2026
- 52-week range: KRW 107,650.00-KRW 341,000.00 as of October 14, 2026
- Sector / Industry: Industrials / Electrical Equipment and Parts
- Index membership: KOSPI
Market context: Market report KOSPI.
