1. What Happened? Pemtron’s First-Half 2025 Performance Analysis
Pemtron’s sales in the first half of 2025 plummeted by 51.2% year-on-year to 27.8 billion won. A significant decline in sales of SMT inspection equipment, their core business, was the primary cause. Operating profit turned negative to -2.76 billion won, and net loss widened to -7.56 billion won. Total liabilities reached 82.62 billion won, an 89.3% increase compared to the end of the previous year, raising concerns about financial health.
2. Why Did This Happen? Reasons for the Poor Performance
The decline in Pemtron’s performance is attributed to a combination of factors, including sluggish new orders, intensified competition, and internal production and sales issues. In particular, the intensified competition in the SMT inspection equipment market and the sluggish performance of the secondary battery inspection equipment sector had a significant impact.
3. How Will Pemtron Respond? Key Takeaways from the IR Meeting
Pemtron used the IR meeting to explain the reasons for the poor performance and outline their future improvement plans. Specifically, they presented efforts to secure new orders, adjust their business portfolio, and implement cost-efficiency measures. They also emphasized the competitiveness of their 3D measurement and AI-based inspection technology and future growth potential, striving to restore investor confidence. Furthermore, they addressed concerns about the increased financial burden due to convertible bond issuance by explaining their fund management plans and financial soundness securing measures.
4. What’s Next? Stock Price Outlook and Investor Action Plan
In the short term, Pemtron’s stock price is expected to be volatile depending on the content of the IR meeting and investor reactions. If the information presented meets investor expectations and restores confidence, there could be an opportunity for a rebound. Conversely, if it falls short of expectations, downward pressure on the stock price could intensify. The medium to long-term stock price depends on whether Pemtron can improve its fundamentals. Investors should carefully analyze the content of the IR meeting and continuously monitor Pemtron’s future business performance, paying particular attention to securing new orders, growth in non-SMT business segments, improvement in profitability, and securing financial soundness.
How was Pemtron’s performance in the first half of 2025?
Pemtron reported poor results in the first half of 2025, with sales down 51.2% year-on-year to KRW 27.8 billion, operating profit turning negative to KRW -2.76 billion, and a net loss of KRW -7.56 billion.
What is Pemtron’s main business?
Pemtron manufactures and sells precision process inspection equipment for the SMT, semiconductor, and secondary battery markets based on 3D measurement and AI deep learning inspection technology utilizing industrial high-speed camera-based machine vision and image processing software technology.
What is the outlook for Pemtron’s stock price?
In the short term, volatility is expected depending on the content of the IR meeting and investor reactions. The medium- to long-term outlook depends on whether Pemtron can improve its fundamentals.
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