Solus Advanced Materials Co., Ltd.

Solus Advanced Materials Co., Ltd.

8,040.00
KRW
-230.00
(-2.78%)
-1,166.63EPS
16.05P/E
622.08BMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
847.91
3,532.82
4,628.74
6,288.04
2,362.29
6,274.52
7,071.85
8,181.96
Basic EPS, GAAP
54.43
-134.4
144.51
-170.53
1,031.5
51
-767.49
551.96
Free Cash Flow per Basic Share
-702.06
-2,544.01
-3,377.07
-6,670.69
-1,252.29
-4,936.62
-2,903.35
-5,014.71
Dividend per Share
- -
132.27
4.95
59.63
25.05
50.04
10.63
- -
Book Value per Share
2,200.75
4,587.29
4,747.66
7,753.17
10,422.45
10,968.6
9,788.97
10,621.41
Tangible Book Value per Share
2,048.25
4,392.67
4,437.69
7,458.63
10,191.48
10,785.8
9,637.5
10,278.07
Basic Weighted Avg Shares
83
82
82
67
182
91
87
74
Sales/Revenue/Turnover
69,995
290,163
380,331
418,286
429,422
570,949
616,083
609,054
Operating Margin (%)
14.54
10.47
1.32
-11.88
-17.05
-9.53
-11.9
-14.25
Depreciation Expense
3,592
19,823
35,563
47,787
64,730
67,734
73,949
75,183
Net Income, GAAP
4,493
-11,038
11,874
-11,344
187,509
4,641
-66,862
41,087
Effective Tax Rate (%)
34.41
- -
24.45
- -
33.2
- -
- -
- -
Profit Margin (%)
6.42
-3.8
3.12
-2.71
43.67
0.81
-10.85
6.75
Working Capital
46,544
282,949
101,877
85,838
-3,727
-226,392
-653,480
-300,272
LT Debt
102,092
173,002
127,082
55,506
74,210
158,626
95,796
512,191
Total Equity
140,632
489,859
522,207
918,103
1,058,188
1,091,464
945,629
1,029,205
Return on Invested Capital (%)
- -
- -
0.48
- -
-3.48
- -
- -
- -
Return on Capital (%)
- -
- -
3.46
- -
19.38
- -
- -
- -
Return on Common Equity (%)
- -
-5.12
4.01
-2.68
29.39
0.62
-9.18
5.7

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
800,328
489,217
397,358
LT Borrowings
79,248
430,820
497,655
LT Finance Leases
16,548
15,899
14,536
Preferred Equity and Hybrid Capital
2,069
2,069
2,069
Shares Outstanding
70
70
70
Market Capitalization
512,550
621,379
622,081

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
459,304
574,166
331,596
Cash, Cash Equivalents & STI
66,622
81,484
70,342
Accounts Receivable, Net
126,086
147,377
38,688
Inventories
225,637
214,296
144,931
Total Current Liabilities
1,112,784
1,027,900
631,868
Payables & Accruals
- -
- -
- -
ST Debt
800,328
489,217
397,358
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
17.49%
-13.36%
Free Cash Flow
- -
19.53%
-43.69%
Net Income, GAAP
- -
-758.87%
-1,540.75%
Sales/Revenue/Turnover
- -
16.92%
7.91%
Total Cash Common Dividend
- -
- -
-79.67%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
121,305
149,262
134,652
165,731
570,949
2025
157,604
77,769
145,134
169,480
616,083
2026
192,569
101,870
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
23.95
3.24
-239
280.3
51
2025
-173
-451
-143.76
-0.85
-767.49
2026
112.69
617.31
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
50.04
2025
- -
- -
- -
- -
10.63
2026
- -
- -
- -
- -
- -

Company Description

CEO
Keun-Man Kwak
Full Time Employees
198
Sector
Non-energy minerals
Industry
Other metals/Minerals
Address
627 Seodong-ro Iksan-si NJ South Korea 54584
IPO Date
Oct 18, 2019
Business
Solus Advanced Materials Co. Ltd. delivers specialized materials and innovative solutions across South Korea, Europe, and globally. The company produces advanced battery copper foil, vital for electric vehicle power cells, positioning itself as a key supplier in the expanding EV market with production facilities in Hungary, Luxembourg, and Canada. It also offers sophisticated electronic copper foil, including ultra-low-roughness variants, for diverse electronic applications such as printed circuit boards, high-speed communication infrastructure, and next-generation artificial intelligence accelerators, where it holds a leading global market share. Furthermore, Solus provides cutting-edge electro materials for organic light-emitting diode (OLED) display devices, serving mobile, television, and automotive screens, alongside ongoing research into advanced display technologies. The company, which was formerly known as Doosan Solus Co., Ltd., was established in 2019 and operates from its base in Seongnam-si, South Korea. Solus Advanced Materials Co. Ltd. functions as a subsidiary of Skylake Equity Partners Limited.