INNOX Corporation

INNOX Corporation

KKRX:088390
7,090.00
KRW
-170.00
(-2.34%)
1,947.90EPS
5.07P/E
107.47BMarket 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
58,816.77
39,750.88
61,054.66
51,800.63
10,174.04
5,726.92
4,741.65
6,209.03
8,462.9
8,695.67
6,590.43
5,984.44
6,298.34
6,196.67
Basic EPS, GAAP
8,760.88
4,287.38
2,901.46
6,866.46
40,005
-3,312
-1,330
1,071
5,877
1,609
-1,477
-2,120
2,469
2,258.38
Free Cash Flow per Basic Share
3,544.78
2,994.7
-1,100.02
-14,853.83
-2,442.27
-434.79
295.38
219.75
-689.63
-340.35
124.54
-2,079.7
-1,329.97
-1,261.58
Dividend per Share
- -
- -
269.19
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
34,138.36
37,749.98
40,437.48
42,480.03
18,219.48
15,084.56
13,686.6
14,694.58
21,267.41
22,872.94
20,527.72
19,629.36
18,656.63
18,963.58
Tangible Book Value per Share
33,375.64
37,040.63
27,552.29
31,100.42
16,706.36
13,805.04
13,466.16
14,554.49
21,133.85
22,698.87
20,337.21
19,448.83
18,475.3
18,783.49
Basic Weighted Avg Shares
3
4
3
1
4
9
9
9
9
9
9
9
9
9
Sales/Revenue/Turnover
186,110
144,776
213,352
52,510
44,870
51,119
41,540
54,361
75,142
80,422
61,697
56,165
59,113
58,161
Operating Margin (%)
18.33
14.28
4.99
-19.49
-37.03
-5.73
-11.79
19.57
32.35
26.92
8.58
11.56
11.18
6.99
Depreciation Expense
9,111
9,951
15,007
14,641
8,685
3,732
3,883
462
549
962
1,697
2,344
2,692
3,058
Net Income, GAAP
27,722
15,615
10,139
6,961
176,432
-29,563
-11,652
9,377
52,182
14,881
-13,827
-19,897
23,173
21,197
Effective Tax Rate (%)
16.82
18.29
30.13
- -
- -
- -
- -
8.63
2.97
9.46
- -
- -
8.47
11.18
Profit Margin (%)
14.9
10.79
4.75
13.26
393.21
-57.83
-28.05
17.25
69.44
18.5
-22.41
-35.43
39.2
36.45
Working Capital
34,329
30,687
49,656
56,195
31,947
28,253
-7,978
21,724
29,212
16,476
48,770
8,922
10,322
12,972
LT Debt
- -
- -
40,860
30,000
30,000
30,000
9,586
32,293
25,375
18,276
10,517
2,025
10,078
10,203
Total Equity
125,496
135,509
170,925
171,852
184,716
151,547
131,087
143,676
214,203
230,149
235,637
217,962
207,947
212,722
Return on Invested Capital (%)
18.9
10.17
3.5
- -
- -
- -
- -
5.23
10.28
7.18
- -
- -
2.2
1.28
Return on Capital (%)
19.8
9.89
7.06
- -
- -
- -
- -
4.27
22.51
6.54
- -
- -
11.38
10.4
Return on Common Equity (%)
27.5
11.97
7.44
5
115.54
-19.97
-9.23
7.54
32.18
7.3
-6.84
-10.56
12.9
11.67

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
60,689
57,982
57,911
LT Borrowings
8,664
8,893
9,129
LT Finance Leases
1,340
1,184
1,074
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
9
9
Market Capitalization
93,577
78,372
107,468

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
77,172
74,753
82,568
Cash, Cash Equivalents & STI
63,916
59,502
56,355
Accounts Receivable, Net
2,493
2,066
6,243
Inventories
8,036
7,676
11,163
Total Current Liabilities
66,357
64,431
69,596
Payables & Accruals
- -
- -
- -
ST Debt
60,689
57,982
57,911
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.3%
9.36%
-4.59%
Free Cash Flow
-240.71%
-482.82%
-36.05%
Net Income, GAAP
206.51%
3.91%
-216.47%
Sales/Revenue/Turnover
-4.56%
3.65%
5.25%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
15,238
14,461
10,781
15,686
56,165
2025
15,361
19,786
13,297
10,669
59,113
2026
14,409
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
137
429
-141
-2,544.28
-2,120
2025
372
442.1
276.66
1,377.82
2,469
2026
161.8
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

CEO
Jung-Jin Park
Full Time Employees
37
Sector
Consumer durables
Industry
Recreational products
Address
Asan-si South Korea
IPO Date
Oct 20, 2006
Business
INNOX Corporation is a South Korea-based holding and investment company that operates through its subsidiaries in advanced electronic materials, secondary battery materials, and eco-friendly smart mobility solutions. Founded in 2001 and headquartered in Seongnam-si, Gyeonggi-do, South Korea, the company oversees a diversified corporate portfolio serving global technology, energy, and consumer markets. Through its operating business units and key subsidiaries, the company manufactures and distributes a comprehensive range of products comprising: battery-grade anhydrous and monohydrate lithium hydroxide for high-nickel cathode active materials; ultra-fine silicon powders and silicon composite additives for next-generation electric vehicle battery anodes; specialized flexible copper clad laminates, polyimide coverlay films, and bonding sheets for flexible printed circuit boards; semiconductor packaging materials, including die attach films and lead-on-chip tapes; barrier films and encapsulation materials for organic light-emitting diode displays; and consumer mobility products, including standard bicycles, pedal-assist electric bicycles, electric scooters, cargo e-bikes, and related components marketed under brand names such as Alton, Corsa, and E-Novatus. Geographically, INNOX Corporation operates production facilities and research centers across South Korea, including sites in Seongnam, Asan, and Gumi, while serving industrial and retail client bases throughout East Asia, Southeast Asia, Europe, and the Americas. In recent years, INNOX Corporation has accelerated a strategic transformation into the secondary battery supply chain through major capital investments and portfolio expansion. The company established its dedicated subsidiary INNOX Lithium and commenced the construction and operational scaling of a high-purity lithium hydroxide processing facility to supply Tier-1 battery and electric vehicle manufacturers. Furthermore, the company completed the strategic acquisition and capacity expansion of silicon anode specialist TRS Co., Ltd., securing proprietary milling and processing technologies for fine silicon battery raw materials. Concurrently, INNOX Corporation has reorganized its business structure to emphasize high-margin green mobility platforms and expanded production capacities for advanced encapsulation materials to capture growing demand in automotive display and semiconductor packaging sectors.