1. South Korea Stocks

  2. •

    Electronic technology

  3. •

    Electronic equipment/Instruments
MX On CORPORATION

MX On CORPORATION

KKRX:347890
3,835.00
KRW
-55.00
(-1.41%)
-172.52EPS
30.24P/E
70.60BMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1,491.07
1,646.94
1,051.17
2,338.81
2,480.49
1,976.3
2,233.49
3,839.04
7,434.71
Basic EPS, GAAP
316.5
400
315
597
624
378
388
105
143.86
Free Cash Flow per Basic Share
260.13
337.48
-220.64
447.15
475.02
368.14
241.5
-116.58
-45.86
Dividend per Share
35.13
335.85
66.44
250.01
249.91
251.34
221.18
220.03
- -
Book Value per Share
1,662.06
1,716.11
3,544.73
3,915.57
4,346.17
4,374.28
4,503.56
4,551.34
4,520.72
Tangible Book Value per Share
1,655.57
1,710.56
3,539.71
3,909.2
4,334.79
4,363.25
4,493.26
3,534.46
3,535.1
Basic Weighted Avg Shares
15
15
32
17
17
17
16
16
16
Sales/Revenue/Turnover
22,372
24,715
33,223
39,287
41,683
33,021
36,793
62,255
120,420
Operating Margin (%)
23.03
26.99
32.58
29.3
27.98
16.99
15.33
-9.36
-6.11
Depreciation Expense
345
357
428
759
821
938
1,006
2,215
4,512
Net Income, GAAP
4,749
6,003
9,956
10,028
10,486
6,316
6,392
1,703
2,330
Effective Tax Rate (%)
13.16
14.77
16.7
15.35
14.99
7.34
6.59
- -
- -
Profit Margin (%)
21.23
24.29
29.97
25.53
25.16
19.13
17.37
2.74
1.94
Working Capital
23,514
21,637
31,949
39,118
45,452
44,712
46,371
54,843
57,555
LT Debt
- -
- -
- -
69
156
148
93
9,201
8,820
Total Equity
36,017
37,188
59,545
65,775
73,008
72,446
73,041
121,868
120,940
Return on Invested Capital (%)
- -
15.31
18.2
15.24
14.06
7.07
7.19
- -
- -
Return on Capital (%)
- -
16.4
20.58
16
15.08
8.67
8.77
- -
- -
Return on Common Equity (%)
- -
16.4
20.58
16
15.11
8.68
8.79
2.32
3.2

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
31,372
30,664
34,015
LT Borrowings
4,425
4,425
4,602
LT Finance Leases
4,776
4,430
4,218
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
16
16
16
Market Capitalization
103,876
84,396
70,601

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
114,739
123,363
127,387
Cash, Cash Equivalents & STI
24,198
27,151
30,151
Accounts Receivable, Net
31,244
30,147
20,500
Inventories
12,398
12,388
12,699
Total Current Liabilities
59,896
66,183
69,832
Payables & Accruals
- -
- -
- -
ST Debt
31,372
30,664
34,015
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
17.67%
66.85%
Free Cash Flow
- -
-81.44%
-147.52%
Net Income, GAAP
- -
-21.33%
-73.36%
Sales/Revenue/Turnover
- -
16.84%
69.2%
Total Cash Common Dividend
- -
- -
-2.07%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9,364
9,515
7,792
10,122
36,793
2025
9,062
9,222
7,404
36,567
62,255
2026
36,035
40,414
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
82
111
41
155.38
388
2025
95.3
92
-6.67
-75.35
105
2026
95.43
130
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
221.18
2025
- -
- -
- -
- -
220.03
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Wan-Hui Kang
Full Time Employees
128
Sector
Electronic technology
Industry
Electronic equipment/Instruments
Address
Anyang-si South Korea
IPO Date
Jul 29, 2020
Website
m2i.co.kr
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Business
MX On CORPORATION is a South Korea-based industrial automation and digital transformation technology company specializing in the development, manufacture, and distribution of industrial control systems, smart factory software, and logistics automation equipment. The company operates across key technological segments including Human-Machine Interface (HMI) solutions, Supervisory Control and Data Acquisition (SCADA) systems, Industrial Internet of Things (IIoT) platforms, and Smart Logistics Automation. Its core product and service portfolio comprises industrial Smart HMI hardware units and touch-panel operator interfaces for equipment monitoring and control; Smart SCADA software suites for plant-wide data acquisition, supervisory process management, and real-time visualization; OT-IT integration platforms and remote monitoring solutions; industrial communication gateways, data loggers, and embedded controller devices; and automated material handling systems, automated warehouse management solutions, Automated Guided Vehicles (AGVs), Autonomous Mobile Robots (AMRs), and system engineering services. MX On CORPORATION caters to major industrial clients across high-growth manufacturing sectors, including semiconductor fabrication, secondary battery and electric vehicle battery production, flat panel displays, automotive manufacturing, electronics, energy, and chemical processing. Founded in 1999 and headquartered in Anyang-si, Gyeonggi-do, South Korea, the company serves domestic markets and exports to international markets across the Asia-Pacific region, North America, and Europe. In April 2026, the company executed a corporate name change from M2I Corporation to MX On CORPORATION, marking a comprehensive strategic pivot toward integrated digital transformation platforms and robotics. In September 2025, the company completed the acquisition of a 21.11% equity stake in smart logistics automation specialist SM Core Inc. from SK Inc., strategically broadening its technological capabilities in smart warehouse automation, robotics integration, and automated manufacturing logistics.