1. Technology

  2. •

    Semiconductors
MiCo Ltd

MiCo Ltd

059090.KS
MiCo LtdKR flagKorea Exchange
13,830.00
KRW
-70.00
- -
435.59BMarket Cap
MiCo Ltd
059090.KS
(Korea Exchange)

Recent

price

13,830.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
4,674.49
5,196.49
5,876.76
5,423.54
5,768.12
4,905.85
5,211.01
6,098.09
7,393.54
7,683.61
9,144
11,846.77
13,091.39
11,972.35
17,155.77
31,035.3
34,432.7
Revenue per Share
555
-96.5
159
-1,076
-0.34
95
49
303
452
259
422
-578
-1,743
-855
575
937
211.31
Basic EPS, GAAP
-80.65
-637.15
-214.36
-870.18
-463.48
379
29.81
91.31
-1,276.52
-753.44
128.26
-1,329.08
897.36
-220.25
-2,825.24
-9,541.46
-11,460.47
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
13.56
72.91
53.61
56.59
108.72
108.78
66.85
176.79
244
154.15
340.53
- -
Dividend per Share
985.4
1,026.95
1,255.88
146.62
151.94
284.75
333.19
745.11
1,159.06
1,350.72
1,789.58
1,173.06
-638.22
-1,486.29
-950.07
-7.07
-371.79
Book Value per Share
2,317.35
1,515.45
1,655.4
1,699.71
2,147.99
2,452.93
2,758.46
3,761.5
4,642.53
5,226.05
7,427.7
11,787.19
11,485.21
11,184.08
15,358.5
20,064.22
20,687.82
Tangible Book Value per Share
21
24
22
23
24
25
27
30
31
31
31
31
32
32
32
31
31
Basic Weighted Avg Shares
98,800
124,257
130,434
123,649
135,982
121,533
140,957
183,916
227,422
236,170
280,899
365,491
414,832
381,655
540,505
977,037
1,084,091
Sales/Revenue/Turnover
9.25
5.07
8
-11.37
3.9
9.49
13.22
15.83
19.95
16.19
15.61
19.07
15.5
7.86
17.56
10.59
8.01
Operating Margin (%)
4,793
6,747
8,217
10,548
9,973
9,200
8,602
9,948
12,224
19,661
26,525
29,385
40,662
47,923
47,507
77,833
80,047
Depreciation Expense
11,731
-2,308
3,529
-24,531
-8
2,353
1,325
9,138
13,903
7,961
12,964
-17,832
-55,231
-27,256
18,116
29,498
6,653
Net Income, GAAP
- -
1,146.41
32.85
- -
- -
51.5
48.34
25.21
18.05
23.53
28.49
75.66
- -
31.78
15.87
20.22
30.17
Effective Tax Rate (%)
11.87
-1.86
2.71
-19.84
-0.01
1.94
0.94
4.97
6.11
3.37
4.62
-4.88
-13.31
-7.14
3.35
3.02
0.61
Profit Margin (%)
-10,905
-18,665
-14,118
6,215
-6,757
12,773
15,993
33,660
89,182
60,638
104,709
99,867
113,174
99,494
-13,274
64,699
113,811
Working Capital
17,650
26,017
30,243
51,643
24,582
29,153
17,625
12,470
82,360
91,403
109,459
102,033
100,434
144,887
170,534
575,040
629,457
LT Debt
53,011
45,912
50,105
43,392
55,229
65,007
78,854
116,850
148,381
168,787
234,961
372,478
376,300
366,084
532,848
689,100
713,331
Total Equity
- -
-54.41
5.3
- -
- -
4.32
7.1
14.39
16.93
9.54
8.28
3.32
- -
3.09
8.92
5.67
3.87
Return on Invested Capital (%)
- -
-56.41
5.95
- -
- -
0.24
-1.23
0.84
-0.52
-0.33
0.96
-12.47
- -
-8.12
-3.23
0.46
-0.88
Return on Capital (%)
80.3
-10.17
13.46
-157.17
-0.23
44.25
16.5
58.05
47.84
20.63
26.87
-39.12
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
453,457
546,671
616,962
LT Borrowings
340,466
561,124
615,227
LT Finance Leases
7,656
13,916
14,230
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
31
31
31
Market Capitalization
- -
- -
- -

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
689,229
980,947
1,094,864
Cash, Cash Equivalents & STI
200,341
458,191
508,509
Accounts Receivable, Net
- -
- -
- -
Inventories
107,534
111,391
127,490
Total Current Liabilities
701,652
916,248
981,053
Payables & Accruals
- -
- -
- -
ST Debt
453,457
546,671
616,962
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
28.11%
26.34%
29.32%
Free Cash Flow
-156.33%
-5.89%
237.46%
Net Income, GAAP
43.59%
-36.42%
62.83%
Sales/Revenue/Turnover
25.09%
31.6%
80.76%
Total Cash Common Dividend
- -
51.07%
120.73%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
123,421
142,242
137,863
137,051
540,505
2025
214,911
248,594
245,401
268,130
977,037
2026
321,965
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
14
73
307
- -
575
2025
361
380.13
52.49
- -
937
2026
-365
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
154.15
2025
- -
- -
- -
- -
340.53
2026
- -
- -
- -
- -
- -
Similar Companies
SG Micro Corp (300661.SZ)
Veeco Instruments Inc. (VECO)
ROHM Co., Ltd. (ROHCF)
ams AG (DQW1.DE)
CMC Materials, Inc. (CCMP)
Maxim Integrated Products, Inc. (MXIM)
Business
MiCo Ltd MiCo Ltd (059090.KS), a South Korea-based engineering company founded in 1996 and headquartered in Anseong-si, Gyeonggi Province, manufactures and sells advanced ceramic materials and components primarily for semiconductor, display, LED/LCD, and solid oxide fuel cell applications in domestic and international markets. The company produces specialized granule powders including heater granule powder, ESC granule powder, and parts granule powder; high-purity ceramic powders such as alumina, yttria, YAG, and aluminium nitride used in manufacturing and coating parts for semiconductor and display equipment as well as fuel cell systems; electrostatic chucks (ESCs) comprising polyimide ESC, APS coating ESC, and ceramic ESC; repair services for semiconductor and display components; and solid oxide fuel cells. It operates in the technology sector with a focus on semiconductors, serving equipment manufacturers through precision cleaning, coating, and parts development. Formerly known as KoMiCo Ltd., the company rebranded to MiCo Ltd in 2013 to reflect its expanded scope. Recent developments include decisions in 2025 on the disposal of shares or investment securities in other corporations, provision of collateral and debt guarantees for affiliates, and an agreement to acquire an additional 20% stake in Hyundai Heavy Industries Power Systems Co. Ltd from HD Korea Shipbuilding & Offshore Engineering Co., alongside strong revenue growth of 41.62% to 540.50 billion KRW in 2024 and further acceleration to 631.99 billion KRW trailing twelve months as of mid-2025.