INNOX Advanced Materials Co., Ltd.

INNOX Advanced Materials Co., Ltd.

KKRX:272290
18,010.00
KRW
-390.00
(-2.12%)
2,664.65EPS
10.13P/E
550.81BMarket Cap
Oct 30Next Earn
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
10,242.23
15,638.54
18,980.01
18,519.57
25,426.16
24,742.49
19,755.24
21,717.03
23,336.05
22,330.46
Basic EPS, GAAP
917.43
1,625.51
1,876.7
1,389.32
4,184
4,316
1,673
3,632
3,080
2,828.7
Free Cash Flow per Basic Share
579.87
520.96
1,385.89
845.6
2,163.35
2,610.54
-2,700.21
-4,861.57
-8,840.85
-7,671.24
Dividend per Share
- -
0.25
0.23
0.25
2.84
347.59
448.75
251.83
349.67
- -
Book Value per Share
6,623.99
7,888.84
9,741.09
11,111.61
15,711.59
19,465.29
20,702.16
24,600.52
20,895.2
21,610.83
Tangible Book Value per Share
6,579.8
7,809.79
9,610.33
10,997.12
15,614.92
19,171.71
20,455.43
24,382.31
20,562.39
21,290.82
Basic Weighted Avg Shares
19
19
18
18
19
20
20
19
19
19
Sales/Revenue/Turnover
193,104
293,115
349,330
336,258
487,292
489,353
387,003
422,809
439,634
421,641
Operating Margin (%)
11.48
13.07
13.31
13.04
19.85
19.85
10.89
20.53
18.63
17.18
Depreciation Expense
5,427
10,367
15,847
16,748
17,825
20,749
21,402
20,438
20,726
21,761
Net Income, GAAP
17,297
30,467
34,541
25,226
80,186
85,361
32,774
70,711
58,025
53,411
Effective Tax Rate (%)
18.06
19.57
23.57
21.7
19.93
16.21
25.73
24.04
26.07
28.29
Profit Margin (%)
8.96
10.39
9.89
7.5
16.46
17.44
8.47
16.72
13.2
12.67
Working Capital
21,507
82,102
59,440
79,999
164,323
194,263
154,203
155,930
200,999
198,104
LT Debt
- -
68,000
23,684
24,019
18,335
2,823
52,140
192,660
216,086
198,897
Total Equity
125,328
146,693
180,649
202,481
308,602
380,267
406,004
468,532
522,325
543,317
Return on Invested Capital (%)
- -
13.88
12.81
11.97
22.98
19.75
6.51
10.12
7.58
6.52
Return on Capital (%)
- -
14.77
13.51
9.73
25.23
21.82
7.11
11.85
8.52
8.45
Return on Common Equity (%)
- -
22.4
21.1
13.17
31.38
24.78
8.34
16.27
13.55
11.98

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
121,797
80,384
66,582
LT Borrowings
201,277
214,708
197,678
LT Finance Leases
1,497
1,378
1,219
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
19
19
19
Market Capitalization
444,185
428,187
550,812

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
385,966
360,756
334,245
Cash, Cash Equivalents & STI
211,837
209,326
162,820
Accounts Receivable, Net
89,611
66,405
69,558
Inventories
70,689
74,730
91,697
Total Current Liabilities
182,729
159,757
136,141
Payables & Accruals
- -
- -
- -
ST Debt
121,797
80,384
66,582
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
21.86%
11.48%
Free Cash Flow
- -
29.4%
75.97%
Net Income, GAAP
- -
52.11%
-17.94%
Sales/Revenue/Turnover
- -
7.53%
3.98%
Total Cash Common Dividend
- -
2,732.51%
34.36%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
102,199
115,731
100,721
104,158
422,809
2025
113,116
111,420
112,715
102,383
439,634
2026
95,123
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
760
965
430
1,511.68
3,632
2025
1,074
674.24
940.09
394.59
3,080
2026
818.34
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
251.83
2025
- -
- -
- -
- -
349.67
2026
- -
- -
- -
- -
- -

Company Description

CEO
Jeong-Tae Kang
Full Time Employees
727
Sector
Electronic technology
Industry
Semiconductors
Address
171 Asan Valley-ro Asan SC South Korea 31409
IPO Date
Jul 10, 2017
Business
INNOX Advanced Materials Co., Ltd. manufactures and supplies advanced materials for semiconductors, flexible printed circuit boards and displays, primarily serving the IT and electronics industries; its core products include semiconductor packaging materials such as lead-on-chip tapes, lead lock tapes and adhesive solutions; flexible printed circuit board materials encompassing flexible copper clad laminates, polyimide films and coverlay films; and organic light-emitting diode materials for displays. The company operates production facilities in South Korea, with additional sites in China and Vietnam, and targets customers in smartphones, tablets, notebooks, automobiles and semiconductor sectors worldwide. Founded in 1988 and headquartered in Asan-si, South Korea, INNOX Advanced Materials maintains a full product lineup for semiconductor packaging in Korea and holds the world's largest production capacity in semiconductor packaging and FPCB materials. Recent developments include a June 2024 collaboration between its subsidiary INNOX eco-M and NEO Battery Materials to develop silicon anode products using high-purity recycled silicon powders, enhancing electrochemical performance and supply chain resilience; expansion plans for silicon-oxide powder production in Vietnam; and a completed equity buyback in late 2024 involving 452,000 shares for KRW 9.9 billion.