AVACO Co., Ltd.

AVACO Co., Ltd.

KKRX:083930
12,100.00
KRW
0.00
(0.00%)
2,159.16EPS
5.76P/E
178.97BMarket Cap
Nov 12Next 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
10,777.38
9,953.91
9,176.45
13,317.29
12,951.59
16,431.4
15,743.4
14,935.83
13,510.52
16,295.65
13,431.17
20,564.1
27,248.83
26,606.64
Basic EPS, GAAP
-966
477
658
927
-59
1,719
1,364
1,083
942
1,358
306
1,608
1,987
2,175.76
Free Cash Flow per Basic Share
1,352.83
815.34
88.17
-1,128.66
2,090.52
-1,823.01
2,180.06
4,232.9
-309.31
-563.58
-423.57
-2,361.56
323.54
4,855.77
Dividend per Share
- -
- -
50.02
50.06
198.74
- -
200.4
303.88
297.21
299.77
287.91
193.94
495.24
- -
Book Value per Share
5,207.06
5,697.84
6,313.61
7,193.22
6,941.54
8,285.05
9,595.01
10,644.34
11,746.03
12,643.52
12,784.12
13,916.24
15,532.16
14,674.8
Tangible Book Value per Share
4,844.61
5,422.86
6,134.38
7,068.75
6,903.77
8,242.35
9,552.55
10,599.94
11,678.96
12,515.24
12,663.51
13,800.99
15,420.85
14,277.46
Basic Weighted Avg Shares
15
15
15
15
14
15
14
13
13
13
14
15
14
14
Sales/Revenue/Turnover
166,891
149,374
137,697
199,678
186,079
243,485
226,085
200,348
179,808
217,264
186,852
305,515
392,896
381,650
Operating Margin (%)
5.69
5.95
6.95
6.1
0.97
9.39
10.32
11.52
5.46
6.25
2.36
6.68
8.81
8.91
Depreciation Expense
2,431
2,459
2,164
2,262
2,714
1,229
1,748
1,661
1,691
2,019
1,858
2,220
2,451
2,613
Net Income, GAAP
-14,959
7,158
9,874
13,899
-848
25,473
19,588
14,527
12,537
18,106
4,257
23,890
28,650
31,209
Effective Tax Rate (%)
- -
25.84
16.46
16.82
- -
19.07
21.4
21.82
15.09
0.43
22.96
19.8
17.32
18.22
Profit Margin (%)
-8.96
4.79
7.17
6.96
-0.46
10.46
8.66
7.25
6.97
8.33
2.28
7.82
7.29
8.18
Working Capital
41,177
53,876
67,388
66,331
70,741
82,112
82,568
81,943
88,429
86,889
96,879
102,040
61,656
38,858
LT Debt
- -
- -
- -
- -
- -
- -
1,176
921
821
343
3,015
2,661
2,053
2,117
Total Equity
78,530
85,532
94,782
102,869
104,145
119,214
130,373
140,344
156,486
168,806
184,177
198,744
221,847
210,381
Return on Invested Capital (%)
- -
7.98
8.88
10.03
- -
16.07
14.07
12.96
5.49
8.4
1.95
8.07
12.53
13.2
Return on Capital (%)
- -
8.73
10.95
14.06
- -
22.13
15.38
10.42
8.26
11.1
2.4
12.06
13.06
15.2
Return on Common Equity (%)
-18.12
8.73
10.95
14.08
-0.82
22.73
15.7
10.73
8.45
11.13
2.41
12.48
13.62
15.48

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
2,500
2,778
3,096
LT Borrowings
- -
- -
- -
LT Finance Leases
2,515
2,053
2,117
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
14
14
14
Market Capitalization
224,816
195,107
178,967

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
220,443
157,249
200,398
Cash, Cash Equivalents & STI
17,603
19,348
78,609
Accounts Receivable, Net
60,698
63,072
14,538
Inventories
134,049
56,253
89,416
Total Current Liabilities
127,929
95,593
161,541
Payables & Accruals
- -
- -
- -
ST Debt
2,500
2,778
3,096
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.93%
9.6%
11.62%
Free Cash Flow
-164.52%
67.16%
-113.3%
Net Income, GAAP
-278.39%
87.07%
19.93%
Sales/Revenue/Turnover
13.92%
17.74%
28.6%
Total Cash Common Dividend
- -
23.61%
147.83%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
46,323
58,114
97,506
103,572
305,515
2025
26,083
159,047
50,897
156,871
392,896
2026
14,837
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
396
159
141
1,195.54
1,608
2025
-74
468.2
624.69
969.8
1,987
2026
106.84
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
235.81
-11.68
- -
- -
193.94
2025
- -
- -
- -
- -
495.24
2026
- -
- -
- -
- -
- -

Company Description

CEO
Kwang-Hyun Kim
Full Time Employees
406
Sector
Electronic technology
Industry
Electronic production equipment
Address
Daegu South Korea
IPO Date
Oct 11, 2005
Business
AVACO Co., Ltd. is a South Korea-based specialized industrial equipment manufacturer engaged in the design, development, and production of advanced manufacturing systems for the flat panel display, secondary battery, semiconductor, and clean automation industries. Founded in January 2000 and headquartered in Daegu, South Korea, the company operates manufacturing and research facilities domestically in Daegu, Gumi, and Paju, while supporting global customers through international subsidiaries including AVACO Inc. in the United States and AVACO Machinery (Guangzhou) Co., Ltd. in China. AVACO operates across four primary business segments: Display Equipment, Secondary Battery Equipment, Semiconductor Equipment, and Factory Automation Systems. The company's primary product and service portfolio encompasses: vacuum thin-film deposition and physical vapor deposition (PVD) sputtering systems, including horizontal, vertical, cluster-type, and next-generation low-damage electron cyclotron resonance (ECR) plasma transparent conductive oxide (TCO) sputtering tools for organic light-emitting diode (OLED) and liquid crystal display (LCD) fabrication lines; vacuum baking systems, encapsulation equipment, through-glass via (TGV) processing systems, and precision glass cutting and scribing tools; secondary battery electrode fabrication equipment, including precision high-pressure roll press machines and slitter systems utilized in cathode and anode processing for pouch, prismatic, and cylindrical cell formats; automated material handling systems (AMHS) and automated storage and retrieval systems (AS/RS), including cleanroom overhead hoist transfers (OHT), ceiling transfer systems, electrode roll logistics equipment, and automated guided vehicles (AGVs); semiconductor packaging equipment, including advanced packaging (AVP) metal sputtering systems engineered for high-bandwidth memory (HBM) and fan-out wafer-level packaging (FoWLP); thin-film solar cell manufacturing equipment, including thin-film PVD sputtering systems; and customized plant engineering, equipment conversion, installation, maintenance, and technical consulting services. AVACO serves leading global technology conglomerates and tier-one manufacturers across the consumer electronics, electric vehicle, energy storage system (ESS), and microelectronics sectors, maintaining key customer relationships with companies such as LG Display, LG Energy Solution, SK On, and TCL CSOT. The company leverages core proprietary competencies in ultra-high vacuum technology, precision roll-to-roll web handling, high-accuracy motion control, and cleanroom automation to deliver turnkey machinery customized to client fabrication specifications. In recent developments, AVACO has accelerated its strategic diversification beyond its core display business into high-growth semiconductor and advanced energy sectors. In the semiconductor segment, the company developed and commercialized advanced packaging metal sputtering systems tailored for high-bandwidth memory and fan-out packaging architectures, securing qualification and mass-production line evaluation agreements with domestic outsourced semiconductor assembly and test (OSAT) partners. In the secondary battery sector, AVACO expanded its electrode equipment supply agreements, delivering proprietary roll press and slitter systems to major battery manufacturers including LG Energy Solution for next-generation 4680-format cylindrical battery lines, while collaborating with automation partners such as LG CNS to supply cleanroom logistics systems for joint-venture battery production facilities including Ultium Cells in North America. Additionally, within its display business, AVACO expanded the commercial deployment of its next-generation low-damage ECR-plasma TCO sputtering equipment to international display manufacturers to support large-generation OLED panel production cycles.