Korea Stock Market Insights

Tag: QRT

  • QRT Announces ₩10.7B Convertible Bond Offering: Impact on Stock Price



    QRT Announces ₩10.7B Convertible Bond Offering: Impact on Stock Price 대표 차트 이미지






    1. QRT’s ₩10.7B Convertible Bond Offering: What Happened?

    QRT announced on September 16, 2025, a ₩10.7 billion convertible bond offering, representing 4.94% of the total outstanding shares. The offering is a private placement to Shinsungjang Semiconductor No. 1 New Technology Business Investment Association. The conversion price is set at ₩17,674 with a 0.0% coupon rate (zero-coupon), and the conversion period starts on September 30, 2025, and ends on September 16, 2030.

    2. Why the Convertible Bond Offering? What’s the Impact?

    • Positive Impacts:
      • Securing Operating and Investment Funds: Increased capacity for future growth investments
      • Attracting Specialized Investors: Participation of Shinsungjang Semiconductor Investment Association signals positive outlook on QRT’s growth potential
      • Enhanced Financial Flexibility: Zero-coupon, long-term maturity reduces short-term financial burden
    • Neutral/Considerations:
      • Potential Dilution Effect: Possible increase in outstanding shares upon conversion after 5 years. Currently limited.
      • Use of Proceeds: Alignment with company’s growth strategy is crucial
      • Market Conditions and Interest Rate Fluctuations: Potential impact on conversion demand and stock price

    3. QRT’s Current Status and Future Outlook

    QRT specializes in semiconductor reliability testing and analysis services and equipment development/sales for advanced industries like AI, 5G, aerospace, and defense. For the first half of 2025, QRT reported revenue of ₩32.75 billion (up 10.8% YoY) and operating profit of ₩1.74 billion (up 36.5% YoY). A positive future outlook is expected, driven by semiconductor market growth and QRT’s technological competitiveness.

    4. What Should Investors Do?

    While this convertible bond offering can be a stepping stone for QRT’s growth, investors should closely monitor the potential dilution effect and the company’s plans for utilizing the funds. Keep an eye on future announcements regarding the use of proceeds and earnings releases. Continuous monitoring of stock price trends, interest rate and exchange rate fluctuations, and market trends in key business areas is recommended.



    Frequently Asked Questions (FAQ)

    What is the purpose of QRT’s convertible bond offering?

    QRT issued the convertible bonds to secure operating funds and investment resources for future growth.

    Can the convertible bond offering negatively impact the stock price?

    There is a potential dilution effect due to a possible increase in outstanding shares upon conversion after 5 years, however, it is currently limited. The offering could also positively impact the stock price depending on how the funds are utilized and the company’s growth.

    What should investors pay attention to?

    Investors should monitor the specific plans for utilizing the funds and their results, future earnings releases, stock price trends, interest rate and exchange rate fluctuations, and market trends in QRT’s key business areas.









    QRT Announces ₩10.7B Convertible Bond Offering: Impact on Stock Price 관련 이미지
    QRT Announces ₩10.7B Convertible Bond Offering: Impact on Stock Price 관련 이미지




  • QRT H1 2025 Earnings Analysis: Solid Growth, but Hidden Risks?

    1. QRT H1 2025 Performance: What Happened?

    QRT reported revenue of KRW 32.751 billion, operating profit of KRW 1.744 billion, and net income of KRW 1.224 billion for the first half of 2025. While these figures beat market forecasts, operating profit margins saw a slight decline compared to the same period last year.

    • Revenue: KRW 32.751 billion (Slight increase YoY)
    • Operating Profit: KRW 1.744 billion (Increase YoY)
    • Net Income: KRW 1.224 billion (Decrease YoY)

    2. Reasons Behind the Performance: Core Business and Growth Drivers

    QRT’s core business lies in semiconductor reliability testing and comprehensive analysis services. The comprehensive analysis services, in particular, have shown strong growth, contributing to reduced product development time and improved quality for clients. Furthermore, QRT’s proprietary advanced reliability testing equipment serves as a key differentiator and future growth driver. However, uncertainties in the semiconductor market and the high-interest-rate environment pose potential risks.

    3. What’s Next?: Investment Strategy

    The current investment recommendation for QRT is ‘Neutral.’ While the company possesses a solid business foundation and growth potential, careful monitoring of market conditions and performance trends is crucial. Investors should pay close attention to H2 2025 earnings, sales performance of reliability testing equipment, fluctuations in exchange rates and interest rates.

    4. Key Checkpoints for Investors

    • H2 2025 Earnings
    • Sales Performance of Reliability Testing Equipment
    • Exchange Rate and Interest Rate Fluctuations
    • Expansion into New Markets (AI, Automotive Semiconductors)
    Q. What is QRT’s core business?

    A. QRT’s primary business is semiconductor reliability testing and comprehensive analysis services. The increasing demand for high reliability in advanced industries is driving consistent growth in these services.

    Q. How did QRT perform in H1 2025?

    A. QRT reported revenue of KRW 32.751 billion, operating profit of KRW 1.744 billion, and net income of KRW 1.224 billion in H1 2025, exceeding market expectations.

    Q. What is the investment outlook for QRT?

    A. The current investment recommendation is ‘Neutral.’ While there is growth potential, careful monitoring of market conditions and earnings trends is advised.