APS Inc.

APS Inc.

KKRX:054620
3,405.00
KRW
-60.00
(-1.73%)
83.81EPS
24.98P/E
156.80BMarket Cap
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
25,549.82
17,288.21
30,082.22
2,021.89
5,590.61
1,479.27
1,254.28
1,377.84
2,142.86
2,235.3
2,266.3
5,183.9
4,991.02
5,134.92
Basic EPS, GAAP
1,519.73
126.64
884.37
2,178.71
46,507
64
-148
-2,287
1,178.8
505
706
-73
-205
372.72
Free Cash Flow per Basic Share
-1,785.11
-1,748.16
-5,379.53
761.09
-431.35
-1,131.13
-1,212.97
-1,686.67
-283.31
-1,551.63
-1,228.2
-724.46
-946.18
-723.44
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
100.7
- -
- -
- -
- -
Book Value per Share
9,969.52
9,959.77
10,938.23
18,701.85
16,847.38
12,487.52
11,637.32
8,864.69
10,049.7
10,825.8
11,644.04
11,286.49
11,658.32
12,180.6
Tangible Book Value per Share
8,927.82
8,447.51
8,419.59
16,255.14
16,752.53
12,423.99
11,567.06
8,797.26
9,988.26
10,667.52
11,455.31
10,049.62
10,202.86
10,743.87
Basic Weighted Avg Shares
10
10
10
12
14
19
18
18
18
18
18
18
17
17
Sales/Revenue/Turnover
254,087
175,386
293,175
24,272
80,465
28,160
23,151
25,346
39,416
40,822
41,047
93,965
84,867
86,539
Operating Margin (%)
6.31
2.09
4.14
-9.57
-0.37
-13.75
-45.58
-42.87
-9.7
-37.33
-45.12
-23.93
-8.02
-5.38
Depreciation Expense
4,644
6,432
6,634
9,971
4,748
2,302
3,474
4,420
5,145
5,707
7,634
9,078
7,453
6,859
Net Income, GAAP
15,113
1,285
8,619
26,154
669,372
1,218
-2,732
-42,070
21,683
9,223
12,787
-1,323
-3,486
6,281
Effective Tax Rate (%)
16.63
- -
25.02
- -
- -
- -
- -
- -
20.88
- -
33.32
- -
2,415.61
89.69
Profit Margin (%)
5.95
0.73
2.94
107.76
831.88
4.33
-11.8
-165.98
55.01
22.59
31.15
-1.41
-4.11
7.26
Working Capital
32,226
49,850
-5,805
59,777
62,052
33,720
12,904
19,434
31,511
-4,669
-41,241
-53,805
-10,550
-1,749
LT Debt
20,000
50,125
24,309
43,932
12,780
21,963
32,949
67,345
63,553
37,557
26,382
19,151
13,885
13,761
Total Equity
101,742
99,823
109,625
206,955
183,276
235,590
214,786
163,593
187,269
212,607
224,655
225,714
218,524
226,953
Return on Invested Capital (%)
9.56
- -
4.51
- -
- -
- -
- -
- -
-1.18
- -
-3.94
- -
45.61
-0.14
Return on Capital (%)
12.06
- -
5.86
- -
- -
- -
- -
- -
8.08
- -
4.89
- -
-52.11
3.26
Return on Common Equity (%)
16.32
1.3
8.43
17
350.2
0.59
-1.22
-22.31
12.46
4.83
6.29
-0.65
-1.76
3.12

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
112,282
96,032
88,782
LT Borrowings
26,199
12,620
12,664
LT Finance Leases
1,472
1,266
1,097
Preferred Equity and Hybrid Capital
699
699
699
Shares Outstanding
17
17
17
Market Capitalization
76,970
68,381
156,804

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
79,571
111,637
107,426
Cash, Cash Equivalents & STI
43,930
78,236
74,885
Accounts Receivable, Net
12,021
14,679
13,038
Inventories
14,746
12,216
13,091
Total Current Liabilities
139,244
122,187
109,175
Payables & Accruals
- -
- -
- -
ST Debt
112,282
96,032
88,782
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.42%
6.19%
-3.19%
Free Cash Flow
32.46%
64.12%
22.52%
Net Income, GAAP
356.15%
-23.46%
163.43%
Sales/Revenue/Turnover
24.54%
35.77%
-9.68%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,225
4,038
13,412
72,290
93,965
2025
19,205
20,018
19,347
26,296
84,867
2026
20,878
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
458
2,779
127
-3,443.36
-73
2025
3
-380.31
70.19
101.01
-205
2026
583
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Gi-Ro Jeong
Full Time Employees
48
Sector
Electronic technology
Industry
Semiconductors
Address
Hwaseong-si South Korea
IPO Date
Dec 4, 2001
Business
APS Inc. is a South Korea-based technology and operating company that manufactures and markets semiconductor equipment, display materials, advanced components, and industrial automation software. The company operates across multiple specialized segments, including Semiconductor Equipment, Display Solutions, Advanced Materials, Control Software, and Industrial Systems. Its product and service portfolio comprises semiconductor wafer dicing saws; process temperature control chillers; laser-patterned Fine Metal Masks (FMM) engineered for high-density Organic Light Emitting Diode (OLED) and Micro-OLED (OLEDoS) vapor deposition; laser lift-off (LLO) and excimer laser annealing (ELA) display fabrication systems; ECO-Almag high-performance aluminum alloy materials; water electrolysis electrodes for green hydrogen production; optical semiconductor defect inspection and metrology tools; secondary battery manufacturing equipment; factory automation and equipment control software solutions; and industrial transformer manufacturing machinery. The company caters to integrated device manufacturers, flat-panel display producers, renewable energy developers, and electronic component makers across South Korea, China, and global technology markets. Founded in 1994, APS Inc. is headquartered in Hwaseong-si, South Korea, and oversees a network of operating subsidiaries that includes AP Systems Corp., DE&T Co., Ltd., Nextin, Inc., Kornic Automation Co., Ltd., and UPI Co., Ltd. In recent developments, the company reorganized its corporate identity and business model, rebranding from APS Holdings Corporation to APS Inc. to transition from a pure holding structure into an integrated materials, parts, and equipment operating enterprise. In July 2024, APS Inc. completed the absorption-merger of its subsidiary APS Materials to internalize core laser-based Fine Metal Mask manufacturing technologies targeted at 8.6-generation IT OLED production lines and next-generation virtual reality micro-displays. In April 2026, the company completed the absorption-merger of semiconductor parts subsidiary Zenith World to streamline operations for ECO-Almag advanced materials and clean hydrogen electrode manufacturing. Additionally, in July 2026, APS Inc. acquired a 100% equity stake in transformer manufacturing equipment specialist UPI to diversify its portfolio into power equipment and heavy industrial manufacturing.