Sec IR: What was discussed?
Sec delivered key messages at its IR session on September 10, 2025, aiming to enhance investor understanding of its electron beam and X-ray technologies and boost its corporate value. Here are the main points:
- 1. Introduction to electron beam and X-ray technologies
- 2. Overview of the company and its business (semiconductors, batteries, defense, etc.)
- 3. Future investment plans
Sec’s Growth Drivers: Why should you pay attention?
Sec specializes in X-ray inspection systems, playing a crucial role in future growth industries such as HBM, advanced packaging, electric vehicle batteries, ESS, and K-defense. The trend towards 3D CT X-ray systems and the increasing demand for reliable battery inspection further highlight Sec’s technological competitiveness. The company’s focus on enhancing competitiveness through AI/Deep-learning technology is also noteworthy.
Investment Points and Risks: What should investors do?
Despite a weak Q1 performance, Sec boasts a solid order backlog of 58.524 billion won. The company plans to improve profitability by utilizing funds secured through its IPO for facility investment and production capacity expansion. However, the global economic slowdown and exchange rate volatility represent potential risk factors.
Action Plan for Investors
Investors considering Sec should carefully review the IR materials and upcoming earnings announcements while continuously monitoring macroeconomic and industry trends. It will be particularly helpful to assess the specific results of Sec’s core technological competitiveness, growth strategies, and plans for profitability improvement.
Frequently Asked Questions
What are Sec’s main businesses?
Sec’s main businesses include X-ray systems for the semiconductor and battery industries, LINAC systems, and Tabletop SEM.
How was Sec’s Q1 2025 performance?
Sec recorded sales of 7.577 billion won in Q1 2025 (down 23.89% year-on-year) and an operating loss of 2.27 billion won. However, with a solid order backlog of 58.524 billion won, sales recovery is expected.
What is the outlook for Sec?
A positive outlook is expected based on growing demand in HBM, EV batteries, and other growth industries, combined with Sec’s technological competitiveness. However, the global economic slowdown and exchange rate volatility are potential risks.
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