1. Jusung Engineering’s IR: What was discussed?

On August 25, 2025, Jusung Engineering presented its 2025 first-half results and future business strategies to investors. As a semiconductor equipment company, they shared key information including opportunities arising from AI market growth and profitability changes due to increased R&D investment.

2. Why should investors pay attention?

Jusung Engineering possesses core technological capabilities in the semiconductor equipment sector and is expected to directly benefit from the AI market’s growth. They are also actively investing in next-generation technology development, securing future growth engines. This IR serves as an important opportunity to understand the company’s future direction and explore investment opportunities.

3. Key IR Insights

  • 3.1 Solid sales growth, increased R&D investment

    First-half 2025 sales increased by 29.7% year-on-year, but operating profit and net profit decreased due to increased R&D investment. It’s crucial to recognize this as a strategic investment for future growth.

  • 3.2 Core Business: Semiconductor Equipment

    The core semiconductor equipment business (98.8% of sales) is expected to maintain solid growth based on its core technological competitiveness in SDP System, High-K Layer ALD, etc. Entry into the non-memory sector, driven by increased AI demand, is a notable growth point.

  • 3.3 Future Growth Drivers: Next-Generation Technology

    The competitive edge in developing next-generation semiconductor equipment, including compound semiconductors, high-k/ferroelectric materials, and Noble Metal technology, paints a bright future for Jusung Engineering. Expansion into the next-generation solar cell market using semiconductor-OLED convergence technology is also anticipated.

  • 3.4 Financial Stability

    Debt ratio and current ratio are sound, with no liquidity issues. Long-term borrowings of KRW 45 billion exist.

4. Investor Action Plan

To assess Jusung Engineering’s future growth potential, the following key indicators should be continuously monitored:

  • Visibility of R&D investment outcomes
  • Securing market competitiveness in next-generation technologies
  • Strategies for navigating macroeconomic and exchange rate fluctuations

Carefully analyze IR materials and future disclosures to inform your investment strategy.