JUSUNG ENGINEERING (036930) Q4 2025 earnings summary

Executive summary

• Manufactures and sells semiconductor, solar cell, and display production equipment, with a focus on differentiated ALD technology and global competitiveness.

• 2023 consolidated sales were 310,690 million KRW, down 24.1% year-over-year, with operating profit of 31,238 million KRW, down 67.3%.

• Net income for 2023 was 35,893 million KRW, a 66.2% decrease year-over-year, reflecting increased R&D investment.

Financial highlights

• 2023 sales: 310,690 million KRW (down 24.1% YoY); operating profit: 31,238 million KRW (down 67.3% YoY); net income: 35,893 million KRW (down 66.2% YoY).

• Operating margin: 10.1%; net margin: 11.5%.

• Total assets: 986,325 million KRW; equity: 590,457 million KRW; liabilities: 297,436 million KRW.

• Cash and equivalents at year-end: 164,383 million KRW.

Outlook and guidance

• Focus on R&D and differentiated technology to address next-gen semiconductor, display, and solar markets.

• Plans to expand global supply chain and improve profitability through technology leadership.