1. What Happened? Analyzing SAMT’s Declining Performance

SAMT’s H1 2025 earnings report revealed KRW 918 billion in revenue (a 41.77% YoY decrease), KRW 22.2 billion in operating profit (a 37.95% YoY decrease), and a decrease in net income. These figures fell significantly short of market expectations.

2. Why Did This Happen? Exploring the Causes of the Decline

This decline is attributed to a combination of factors, including weakening demand in downstream industries, intensified competition, increasing inventory, rising debt-to-equity ratio, and rising interest rates. The overall uncertainty in the IT industry and intensifying competition in the semiconductor market have significantly impacted SAMT’s performance.

3. What’s Next? Future Outlook and Investment Strategies

In the short term, downward pressure on the stock price is likely to persist. However, in the medium to long term, there is potential for a rebound depending on economic recovery, a turnaround in the semiconductor market, and the company’s restructuring efforts. Investors should closely monitor the company’s efforts to improve its financial health and secure new growth engines.

4. Investor Action Plan

  • Short-term investors: Caution is advised. Consider investing after confirming a trend reversal.
  • Long-term investors: Continuously monitor the company’s structural improvements and efforts to secure new growth engines.