1. South Korea Stocks

  2. •

    Technology

  3. •

    Communication Equipment
Ace Technologies Corp.

Ace Technologies Corp.

088800.KQ
Ace Technologies Corp.KR flagKOSDAQ
1,827.00
KRW
+162.00
- -
137.95BMarket Cap
Ace Technologies Corp.
088800.KQ
(KOSDAQ)

Recent

price

1,827.00

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
29,266.35
33,119.36
42,773.76
40,796.85
48,542.41
44,832.68
29,576.17
31,360.13
29,550.5
25,489.8
12,696.94
14,094.89
13,965.71
8,276.01
4,751.72
2,445.24
2,295.05
Revenue per Share
-154.67
5,033.06
-3,330.38
1,302.22
1,319.68
1,063.42
-2,966.16
-4,877.08
241.98
-621.17
-5,009.29
-1,918.4
-1,751.26
-4,662.47
-1,334.67
-399
-424.65
Basic EPS, GAAP
-5,014.27
-851.65
-4,433.85
1,832.91
-2,483.34
-5,112.55
1,123.82
-4,611.83
-35.98
-1,823.47
-3,724.7
-3,781.74
-845.7
1,609.98
-171.59
-37.25
-202.57
Free Cash Flow per Basic Share
114.87
- -
56.22
58.66
208.73
238.7
58.02
81.56
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
1,154.21
8,950.71
2,859.24
3,568.7
4,340.66
5,161.35
1,551.83
-3,257.1
-2,706.14
-2,769.24
-5,133.4
290.42
-161.63
-3,537.04
-558.06
-522.97
-605.2
Book Value per Share
12,650.89
16,415.52
9,378.69
8,175.47
8,669.41
9,538.23
7,066.63
4,596.9
5,310.59
5,167.21
3,272.25
2,957.85
2,837.18
717.33
1,575.57
372.66
330.6
Tangible Book Value per Share
4
5
7
8
9
9
11
11
13
15
17
17
17
17
31
73
69
Basic Weighted Avg Shares
129,625
154,628
285,345
315,608
427,492
421,924
322,117
351,616
377,317
378,602
210,755
232,779
240,405
140,047
145,076
178,426
158,575
Sales/Revenue/Turnover
0.76
22.21
-3.45
6.35
5.88
3.57
-4.28
-4.11
3.5
0.72
-29.11
-15.23
-8.34
-44.48
-21.47
-12.42
-15.34
Operating Margin (%)
4,700
9,027
16,454
15,727
16,563
17,275
21,241
22,686
18,293
19,022
17,388
15,210
14,284
11,811
9,481
11,130
10,525
Depreciation Expense
-685
23,498
-22,217
10,074
11,622
10,008
-32,305
-54,683
3,090
-9,226
-83,149
-31,683
-30,146
-78,899
-40,749
-29,114
-29,341
Net Income, GAAP
- -
- -
- -
12.47
30.93
0.12
- -
- -
30.84
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-0.53
15.2
-7.79
3.19
2.72
2.37
-10.03
-15.55
0.82
-2.44
-39.45
-13.61
-12.54
-56.34
-28.09
-16.32
-18.5
Profit Margin (%)
-11,277
-12,361
-20,967
-48,809
-1,700
15,814
-34,040
-71,593
-34,233
-25,034
14,997
-19,931
-3,869
-72,776
-37,555
-44,329
-32,716
Working Capital
44,713
55,857
61,616
28,150
57,750
69,429
43,502
25,539
51,502
27,585
93,961
57,071
70,569
7,759
2,012
3,593
28,046
LT Debt
63,765
123,981
100,507
107,914
124,402
143,458
122,701
67,068
80,927
89,141
71,495
70,272
67,809
21,580
95,594
70,584
66,015
Total Equity
- -
- -
- -
6.9
6.38
4.75
- -
- -
3.27
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
9.47
8.51
7.28
- -
- -
7.07
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
-3.57
100.2
-73.01
43.16
35.31
23.06
-98.68
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
52,572
58,218
45,529
LT Borrowings
7,444
2,250
26,500
LT Finance Leases
1,378
1,343
1,546
Preferred Equity and Hybrid Capital
796
796
796
Shares Outstanding
75
76
76
Market Capitalization
110,152
157,168
264,631

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
146,085
129,564
125,406
Cash, Cash Equivalents & STI
16,232
19,966
19,741
Accounts Receivable, Net
64,300
55,578
51,631
Inventories
41,865
33,940
34,750
Total Current Liabilities
179,311
173,893
158,122
Payables & Accruals
- -
- -
- -
ST Debt
52,572
58,218
45,529
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
19.46%
48.68%
-26.16%
Free Cash Flow
464.57%
-106.03%
-48.12%
Net Income, GAAP
-3.85%
3.61%
-28.55%
Sales/Revenue/Turnover
-5.26%
-0.29%
22.99%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
30,602
35,276
36,912
42,286
145,076
2025
53,018
46,088
37,886
41,434
178,426
2026
33,167
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-168.02
-1,668.17
-564.06
- -
-1,334.67
2025
-231.02
-183
-45
- -
-399
2026
-60
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Similar Companies
AgJunction Inc. (AJX.TO)
AmpliTech Group, Inc. (AMPG)
Harmonic Inc. (0J38.L)
Rapidtron, Inc. (RPDT)
Shenzhen Phoenix Telecom Technology Co.,Ltd. (301191.SZ)
Humax Co., Ltd. (115160.KQ)
Business
Ace Technologies Corp. (088800.KQ) manufactures and sells wireless communication devices primarily focused on radio frequency (RF) components and antennas. The company offers mobile network products including base station antennas, antenna line devices, RRH filters, 5G products, RF systems, mobile device antennas, test and measurement solutions, connectors, cable assemblies, RF connectors, coaxial adaptors, low and high-power terminations, directional couplers, and power dividers; automotive antennas and radars; and defense sector products such as communication antennas, satellite antennas, RF modules and systems, and radars. Founded in 1980 and headquartered in Incheon, South Korea, Ace Technologies operates manufacturing facilities in Korea, China, Vietnam, and India, serving domestic and international markets in telecommunications, automotive, and defense industries; it was formerly known as Ace Technology Corp. and changed its name in March 2005. The company maintains vertically integrated production processes and invests over 10% of revenues in R&D, holding more than 800 patents across 14 countries, with a focus on 5G, LTE base station equipment, and mobility IoT solutions. In recent developments, Ace Technologies planned an R&D center in Vietnam to complement its existing $60 million factory investment there since 2015, while SEMCNS Co., Ltd. acquired a 4.74% stake in the company for KRW 25.1 billion in February 2022 to strengthen strategic positioning.