Korea Stock Market Insights

Tag: KSMART

  • Koh Young (098460) IR Presentation Analysis: Opportunity or Risk? (September 2025)

    Koh Young (098460) IR Presentation Analysis: Opportunity or Risk? (September 2025) 대표 차트 이미지

    1. Koh Young’s IR Presentation: What Was Discussed?

    Koh Young recorded consolidated revenue of KRW 103.2 billion, operating profit of KRW 5.7 billion, and a net loss of KRW 1.5 billion in the first half of 2025. The 3D AOI business segment struggled due to decreased orders from smartphone clients, while the 3D SPI business segment showed solid growth thanks to increased demand from automotive electronics and servers. The FDA approval of the medical robot ‘Geniant Cranial’ is positive, but it has not yet translated into increased sales.

    2. Reasons Behind the Sluggish Performance

    The decline in the 3D AOI business segment is mainly attributed to a base effect compared to the same period last year. Increased R&D and SG&A expenses also contributed to the decline in profitability. The uncertain macroeconomic environment is also a burden.

    3. Koh Young’s Future: Potential Opportunities

    Koh Young expects a recovery in the 3D AOI business segment through the advancement of its AI-based smart factory platform ‘KSMART’ and expansion of its product lineup. The steady growth of the 3D SPI business segment and expansion of the medical robot business into the global market are also expected to be growth drivers.

    4. Action Plan for Investors

    • Thorough Analysis of the IR Presentation: Check the outlook for the 3D AOI business recovery, the performance of the KSMART platform, and plans for expanding medical robot sales.
    • Monitoring Macroeconomic Variables: Continuously monitor the impact of macroeconomic variables such as interest rates, exchange rates, and raw material prices on Koh Young’s performance.
    • Maintaining a Long-Term Perspective: It’s crucial to establish a long-term investment strategy considering Koh Young’s core competitiveness and growth potential, without being swayed by short-term performance fluctuations.
    Q: How was Koh Young’s performance in the first half of 2025?

    A: Koh Young recorded consolidated revenue of KRW 103.2 billion, operating profit of KRW 5.7 billion, and a net loss of KRW 1.5 billion. This represents a decline compared to the same period last year.

    Q: What are Koh Young’s main business segments?

    A: The main business segments are 3D AOI (Automated Optical Inspection), 3D SPI (Solder Paste Inspection), and medical robots.

    Q: What is Koh Young’s future growth strategy?

    A: Koh Young aims to achieve growth through the advancement of its AI-based smart factory platform ‘KSMART,’ expansion of the 3D SPI business, and entry into the global market for medical robots.

    Koh Young (098460) IR Presentation Analysis: Opportunity or Risk? (September 2025) 관련 이미지

  • Koh Young Stock Forecast: Positive or Negative After the August 2025 IR?

    Koh Young’s August 2025 IR: What to Expect

    On August 7th, Koh Young will host a Non-Deal Roadshow (NDR) for domestic securities firms, presenting Q1 2025 earnings and recent business updates, followed by a Q&A session. Investors are particularly interested in the advancements of the KSMART platform and the global expansion strategy for medical robots following FDA 510(k) clearance.

    How Will the IR Impact the Stock Price?

    The stock price may be positively or negatively impacted depending on the information presented at the IR.

    • Positive Factors: A positive outlook for earnings improvement from Q2 onwards, enhanced competitiveness of the KSMART platform, and potential success in entering the US market for medical robots could boost investor sentiment.
    • Negative Factors: Disclosure of unexpected negative business developments, failure to meet market expectations, and concerns about the negative impact of the global economic slowdown and fluctuations in exchange rates/interest rates could lead to a decline in the stock price.

    What Actions Should Investors Take?

    Investors should carefully review the IR information and make investment decisions considering various factors, including competitor trends, raw material price fluctuations, and the global economic outlook. It is also important to monitor market reactions and expert analysis after the IR. Specifically, they should check for concrete performance indicators related to US market entry (KOL acquisition, SAB establishment, etc.) and establish a long-term investment strategy.

    Frequently Asked Questions

    What are Koh Young’s main businesses?

    Koh Young develops and sells 3D Solder Paste Inspection (SPI) equipment, 3D Automated Optical Inspection (AOI) equipment, and medical robots. The company possesses world-class technology, particularly in the field of electronics and semiconductor inspection equipment.

    What is the KSMART platform?

    KSMART is Koh Young’s AI-powered smart factory platform, a solution that improves the efficiency and productivity of manufacturing processes.

    What are the key takeaways to watch for in this IR?

    The key points to focus on include the earnings outlook from Q2 onwards, the global expansion strategy for medical robots after FDA approval, updates on the KSMART platform, and strategies for navigating the global economic downturn.