1. What Happened? Analyzing PADU’s After-Hours Block Trade

On September 18, 2025, PADU experienced a substantial after-hours block trade with a total volume of 296,682 shares, amounting to 6.3 billion KRW. Foreign investors were actively involved on both the buy and sell sides.

2. Why Does It Matter? Fundamental Analysis and Market Context

2.1 Improved Fundamentals: PADU enhanced its information transparency through amendments to its 2024 business report. Following an estimated return to profitability in 2024 (2.3 billion KRW), positive fundamental trends are anticipated, with projected revenue of 132.1 billion KRW and operating profit of 13.8 billion KRW in 2025.

2.2 Market Growth: PADU’s core business, data center SSD controllers, is expected to see consistent demand growth alongside the expansion of the AI and big data markets.

2.3 Macroeconomic Factors: Macroeconomic indicators such as exchange rate fluctuations, interest rates, and oil prices can impact PADU’s performance, given its significant export focus. Close monitoring is essential.

3. What Should Investors Do? Investment Strategy

While the after-hours block trade may introduce short-term price volatility, a long-term investment perspective should focus on PADU’s improving fundamentals and positive market outlook. We maintain a positive investment outlook, but emphasize the importance of monitoring macroeconomic variables and confirming the continuation of growth through future earnings releases.

4. Action Plan for Investors

  • Short-Term: Observe changes in supply and demand and investor sentiment following the block trade.
  • Mid- to Long-Term: Verify the sustained improvement of fundamentals and PADU’s ability to secure market competitiveness.
  • Risk Management: Monitor macroeconomic variables such as exchange rates and interest rates, and maintain a diversified portfolio.