Protec Co., Ltd.

Protec Co., Ltd.

KKRX:053610
60,000.00
KRW
-1,500.00
(-2.44%)
5,770.78EPS
7.60P/E
464.40BMarket Cap
Nov 18Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
7,045.02
9,864.98
8,004.33
10,191.12
15,624.91
16,108.65
18,018.14
8,729.68
17,813.91
21,134.24
17,337.61
18,922.8
25,616.12
29,172.37
Basic EPS, GAAP
789.38
1,582.49
1,142.49
1,415.27
2,745.54
2,712.84
3,720
1,154
4,829
4,484
2,290
2,409
5,293
6,787.59
Free Cash Flow per Basic Share
328.83
846.45
-2,302.96
1,259.33
91.02
751.74
7,409.64
1,058.19
1,605.04
4,503.46
1,964.29
1,445.4
-753.98
-781.02
Dividend per Share
140.06
74.73
149.45
141.26
139.53
187.86
265.05
417.94
300.02
415.43
408.55
400.04
400
400
Book Value per Share
8,960.11
10,406.68
11,400.12
12,615.99
15,157.57
17,541.34
19,969.97
21,105
25,640.79
29,951.31
31,732.7
33,801.7
38,738.71
40,306.02
Tangible Book Value per Share
8,560.89
10,028.69
10,976.88
12,214.17
14,834.82
17,268.03
19,730.87
20,850
25,409.35
29,094.36
30,927.46
33,059.88
38,040.59
39,624.42
Basic Weighted Avg Shares
9
9
9
9
10
10
10
10
10
9
9
9
9
9
Sales/Revenue/Turnover
66,122
92,547
75,100
94,840
149,802
153,994
179,775
86,504
173,997
198,772
156,071
170,289
230,543
262,551
Operating Margin (%)
14.05
17.99
16.4
15.81
20.08
20.86
25.59
17.8
28.93
30.22
11.17
7.89
20.09
22.4
Depreciation Expense
1,012
1,019
1,178
2,115
2,248
2,311
2,388
2,404
2,344
2,388
7,596
8,632
8,673
8,773
Net Income, GAAP
7,409
14,846
10,719
13,171
26,323
25,934
37,116
11,435
47,167
42,173
20,614
21,679
47,637
61,088
Effective Tax Rate (%)
15.23
19.02
18.1
24.17
21.61
23.79
23.5
24
19.11
24.5
22.41
36.36
32.68
26.63
Profit Margin (%)
11.2
16.04
14.27
13.89
17.57
16.84
20.65
13.22
27.11
21.22
13.21
12.73
20.66
23.27
Working Capital
40,332
53,597
26,658
37,637
63,482
82,358
125,236
109,149
143,418
174,007
187,027
199,249
221,948
235,889
LT Debt
9,809
13,700
3,316
3,026
3,000
- -
54
45
80
293
4,788
5,055
25,247
24,597
Total Equity
84,057
97,996
107,973
121,287
145,612
166,072
207,591
206,723
251,065
303,201
314,402
322,808
354,100
372,014
Return on Invested Capital (%)
9.03
12.64
8.32
8.69
16.11
14.67
17.8
5.42
17.01
15.49
4.13
2.49
8.21
11.19
Return on Capital (%)
8.69
14.37
9.68
10.97
19.1
16.27
19.1
5.56
20.24
14.81
7.57
9.11
16.2
18.55
Return on Common Equity (%)
9.15
16.34
10.48
11.58
19.78
16.67
19.94
5.54
20.66
16.22
7.43
7.35
14.59
18.29

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
19,045
18,945
19,023
LT Borrowings
25,749
25,094
24,441
LT Finance Leases
185
152
156
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
9
9
Market Capitalization
275,400
307,350
464,400

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
265,434
283,405
299,861
Cash, Cash Equivalents & STI
137,002
151,813
137,326
Accounts Receivable, Net
43,495
55,875
74,418
Inventories
81,169
72,054
83,412
Total Current Liabilities
54,628
61,458
63,972
Payables & Accruals
- -
- -
- -
ST Debt
19,045
18,945
19,023
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.93%
11.65%
9.69%
Free Cash Flow
130.24%
-3.43%
-152.17%
Net Income, GAAP
47.09%
75.13%
119.74%
Sales/Revenue/Turnover
19.03%
27.68%
35.38%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
25,302
52,577
43,120
49,290
170,289
2025
30,403
64,455
51,044
84,641
230,543
2026
62,412
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-73
1,390
220
871.33
2,409
2025
527
1,000.12
1,523.92
2,241.68
5,293
2026
2,021.87
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
402.48
- -
- -
- -
400.04
2025
399.83
- -
- -
- -
400
2026
400
- -
- -
- -
- -

Company Description

CEO
Seung-Hwan Choi
Full Time Employees
310
Sector
Producer manufacturing
Industry
Industrial machinery
Address
Anyang South Korea
IPO Date
Aug 17, 2001
Business
Protec Co., Ltd. is a South Korea-based technology company engaged in the development, manufacture, and distribution of semiconductor backend packaging equipment, surface-mount technology automation systems, and precision pneumatic components. The company operates primarily through two core business divisions: the System Division and the Pneumatic Division, supplemented by test interface operations through its subsidiary PMT Inc. Its product portfolio includes high-precision fluid dispensing systems, such as automated epoxy dispensers, high-speed jetting dispensers, underfill systems, and optical device dispensers; advanced laser bonding machinery, including Laser-Assisted Bonding (LAB) equipment and Laser Compression (LC) bonders designed for high-density micro-pitch interconnection; precision die bonders and die attach systems; specialized DRAM sorting and quality inspection equipment tailored for high-bandwidth memory (HBM) production workflows; solder ball attachment systems; automated tray feeders and board transfer mechanisms; and industrial pneumatic components, comprising standard and compact pneumatic cylinders, air grippers, rotary actuators, and motion control valves. Protec serves major integrated device manufacturers (IDMs), outsourced semiconductor assembly and test (OSAT) providers, and electronic components manufacturers across South Korea, China, Taiwan, Southeast Asia, North America, and Europe. Founded in 1997 and headquartered in Anyang-si, Gyeonggi-do, South Korea, the company maintains subsidiaries including PMT Inc., a manufacturer of semiconductor probe cards, and Minosys Co., Ltd., a provider of automation software solutions. In recent developments, Protec has accelerated the commercial deployment of its proprietary Laser-Assisted Bonding (LAB) and Laser Compression (LC) bonding platforms to address thermal warpage and fine-pitch assembly challenges in next-generation 2.5D, 3D, and AI-driven HBM packaging architectures. The company has also expanded its supply footprint to tier-one memory manufacturers with the delivery of high-speed DRAM sorting equipment used for multi-stage chip classification prior to HBM stacking, expanded direct equipment evaluations and partnerships with global OSATs and international foundries, and strengthened its consolidated operations through increased equity control and operational integration with its probe card subsidiary PMT Inc.