Aankondiging • Apr 14
RFTech Co., Ltd. (KOSDAQ:A061040) agreed to acquire Eco Volt Co.,Ltd. (KOSDAQ:A097780) from Osung Advanced Materials Co., Ltd. (KOSDAQ:A052420) for KRW 51.7 billion. RFTech Co., Ltd. (KOSDAQ:A061040) agreed to acquire Eco Volt Co.,Ltd. (KOSDAQ:A097780) from Osung Advanced Materials Co., Ltd. (KOSDAQ:A052420) for KRW 51.7 billion on April 13, 2026. The consideration consists of common equity of RFTech Co., Ltd. at a ratio of 0.405349 per common equity of Eco Volt Co.,Ltd. Upon completion, Eco Volt Co.,Ltd. will dissolve and its shares will be delisted from the stock exchange.
The expected completion of the transaction is July 17, 2026. Aankondiging • Mar 13
Eco Volt Co.,Ltd., Annual General Meeting, Mar 26, 2026 Eco Volt Co.,Ltd., Annual General Meeting, Mar 26, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 433-31, sandong-ro, eumbong-myeon, chungcheongnam-do, asan South Korea Aankondiging • Mar 06
Osung Advanced Materials Co., Ltd. (KOSDAQ:A052420) acquired NSM Co., Ltd. (XKON:A238170) from Eco Volt Co.,Ltd. (KOSDAQ:A097780) and others. Osung Advanced Materials Co., Ltd. (KOSDAQ:A052420) agreed to acquire NSM Co., Ltd. (XKON:A238170) from Eco Volt Co.,Ltd. (KOSDAQ:A097780) and others for KRW 22.5 billion on December 11, 2025. Osung Advanced Materials Co., Ltd. signed an agreement to acquire NSM Co., Ltd. from Eco Volt Co.,Ltd and others on December 12, 2025. The consideration consists of common equity of Osung Advanced Materials Co., Ltd. at a ratio of 0.444005 per common equity of NSM Co., Ltd.
The expected completion of the transaction is March 4, 2026.
Osung Advanced Materials Co., Ltd. (KOSDAQ:A052420) completed the acquisition of NSM Co., Ltd. (XKON:A238170) from Eco Volt Co.,Ltd. (KOSDAQ:A097780) and others on March 4, 2026. Aankondiging • Dec 12
Osung Advanced Materials Co., Ltd. (KOSDAQ:A052420) agreed to acquire NSM Co., Ltd. (XKON:A238170) from Eco Volt Co.,Ltd. (KOSDAQ:A097780) and others for KRW 22.5 billion. Osung Advanced Materials Co., Ltd. (KOSDAQ:A052420) agreed to acquire NSM Co., Ltd. (XKON:A238170) from Eco Volt Co.,Ltd. (KOSDAQ:A097780) and others for KRW 22.5 billion on December 11, 2025. The consideration consists of common equity of Osung Advanced Materials Co., Ltd. at a ratio of 0.444005 per common equity of NSM Co., Ltd.
The expected completion of the transaction is March 4, 2026. New Risk • Jul 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 12% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Market cap is less than US$100m (₩71.8b market cap, or US$51.8m). Aankondiging • Jul 02
Osung Advanced Materials Co., Ltd. (KOSDAQ:A052420) acquired an additional 17.75% stake in Hwail Pharmaceutical Co.,Ltd. (KOSDAQ:A061250) from Eco Volt Co.,Ltd. (KOSDAQ:A097780) and Kumho HT, Inc. (KOSE:A214330). Osung Advanced Materials Co., Ltd. (KOSDAQ:A052420) entered into agreement to acquire an additional 17.75% stake in Hwail Pharmaceutical Co.,Ltd. (KOSDAQ:A061250) from Eco Volt Co.,Ltd. (KOSDAQ:A097780) and Kumho HT, Inc. (KOSE:A214330) for KRW 26.5 billion on June 11, 2025. A cash consideration of KRW 26.49 billion valued at KRW 1800 per share will be paid by Osung Advanced Materials Co., Ltd. As part of consideration, KRW 26.49 billion is paid towards common equity of Hwail Pharmaceutical Co.,Ltd. Upon completion, Osung Advanced Materials Co., Ltd. will own 23.63% stake in Hwail Pharmaceutical Co.,Ltd. whereas Kumho HT, Inc. will hold 11.10% and Eco Volt Co.,Ltd. will cease to be shareholder of Hwail Pharmaceutical Co.,Ltd. The expected completion of the transaction is July 1, 2025.
Osung Advanced Materials Co., Ltd. (KOSDAQ:A052420) completed the acquisition of an additional 17.75% stake in Hwail Pharmaceutical Co.,Ltd. (KOSDAQ:A061250) from Eco Volt Co.,Ltd. (KOSDAQ:A097780) and Kumho HT, Inc. (KOSE:A214330) on July 01, 2025. Aankondiging • Jun 12
Osung Advanced Materials Co., Ltd. (KOSDAQ:A052420) entered into agreement to acquire an additional 17.75% stake in Hwail Pharmaceutical Co.,Ltd. (KOSDAQ:A061250) from Eco Volt Co.,Ltd. (KOSDAQ:A097780) and Kumho HT, Inc. (KOSE:A214330) for KRW 26.5 billion. Osung Advanced Materials Co., Ltd. (KOSDAQ:A052420) entered into agreement to acquire an additional 17.75% stake in Hwail Pharmaceutical Co.,Ltd. (KOSDAQ:A061250) from Eco Volt Co.,Ltd. (KOSDAQ:A097780) and Kumho HT, Inc. (KOSE:A214330) for KRW 26.5 billion on June 11, 2025. A cash consideration of KRW 26.49 billion valued at KRW 1800 per share will be paid by Osung Advanced Materials Co., Ltd. As part of consideration, KRW 26.49 billion is paid towards common equity of Hwail Pharmaceutical Co.,Ltd. Upon completion, Osung Advanced Materials Co., Ltd. will own 23.63% stake in Hwail Pharmaceutical Co.,Ltd. whereas Kumho HT, Inc. will hold 11.10% and Eco Volt Co.,Ltd. will cease to be shareholder of Hwail Pharmaceutical Co.,Ltd. The expected completion of the transaction is July 1, 2025. Aankondiging • Apr 08
Eco Volt Co.,Ltd. (KOSDAQ:A097780) announces an Equity Buyback for KRW 5,000 million worth of its shares. Smac Co. Ltd. (KOSDAQ:A097780) announces a share repurchase program. Under the program, the company will repurchase up to KRW 5,000 million worth of its common stock, pursuant to a contract with Hana Financial Investment Co.,LTD. The purpose of the program is to stabilize the stock prices and enhance the shareholders’ value. The program will end on October 10, 2025. As of April 6, 2025, the company had 0 shares in treasury within the scope available for dividend and 0 shares in treasury through other repurchase. Reported Earnings • Mar 21
Full year 2024 earnings released: ₩305 loss per share (vs ₩195 profit in FY 2023) Full year 2024 results: ₩305 loss per share (down from ₩195 profit in FY 2023). Revenue: ₩225.1b (up 25% from FY 2023). Net loss: ₩20.6b (down 275% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Aankondiging • Mar 12
Eco Volt Co.,Ltd., Annual General Meeting, Mar 25, 2025 Eco Volt Co.,Ltd., Annual General Meeting, Mar 25, 2025, at 09:00 Tokyo Standard Time. Location: auditorium, 433-31, sandong-ro, eumbong-myeon, chungcheongnam-do, asan South Korea New Risk • Dec 16
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Shareholders have been diluted in the past year (8.0% increase in shares outstanding). Market cap is less than US$100m (₩60.4b market cap, or US$42.0m). Valuation Update With 7 Day Price Move • Dec 13
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩852, the stock trades at a trailing P/E ratio of 3x. Average trailing P/E is 13x in the Electronic industry in South Korea. Total loss to shareholders of 83% over the past three years. Reported Earnings • Mar 16
Full year 2023 earnings released: EPS: ₩195 (vs ₩1,052 loss in FY 2022) Full year 2023 results: EPS: ₩195 (up from ₩1,052 loss in FY 2022). Revenue: ₩180.2b (up 16% from FY 2022). Net income: ₩11.7b (up ₩70.4b from FY 2022). Profit margin: 6.5% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 48% per year whereas the company’s share price has fallen by 49% per year. Aankondiging • Jan 15
Eco Volt Co.,Ltd. announced that it has received KRW 5 billion in funding from Osung Advanced Materials Co., Ltd. On January 15, 2024, Eco Volt Co.,Ltd. closed the transaction. Aankondiging • Nov 23
Eco Volt Co.,Ltd. announced that it expects to receive KRW 5 billion in funding from Osung Advanced Materials Co., Ltd. Eco Volt Co.,Ltd. announced a private placement of 5,000,000 common shares at an issue price of KRW 1,000 per share for the gross proceeds of KRW 5,000,000,000 on November 21, 2023. The transaction will include participation from returning investor Osung Advanced Materials Co., Ltd. The transaction has been approved by the shareholders of the company. The shares are restricted to a hold period of 1 year. The transaction is expected to close on January 15, 2024. Reported Earnings • Nov 19
Third quarter 2023 earnings released: ₩10.00 loss per share (vs ₩851 loss in 3Q 2022) Third quarter 2023 results: ₩10.00 loss per share (improved from ₩851 loss in 3Q 2022). Revenue: ₩60.0b (up 9.7% from 3Q 2022). Net loss: ₩608.0m (loss narrowed 99% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 28 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 24
Full year 2022 earnings released: ₩1,139 loss per share (vs ₩693 loss in FY 2021) Full year 2022 results: ₩1,139 loss per share (further deteriorated from ₩693 loss in FY 2021). Revenue: ₩174.1b (up 55% from FY 2021). Net loss: ₩63.5b (loss widened 69% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Aankondiging • May 15
Smac Co. Ltd. announced that it has received KRW 29.999999022 billion in funding from Osung Advanced Materials Co., Ltd. On May 14, 2021, Smac Co. Ltd. (KOSDAQ:A097780) closed the transaction. Aankondiging • Apr 21
Smac Co. Ltd. announced that it expects to receive KRW 29.999999022 billion in funding from Osung Advanced Materials Co., Ltd. Smac Co. Ltd. (KOSDAQ:A097780) announced a private placement of 22,026,431 shares at an issue price of KRW 1,362 for gross proceeds of KRW 29,999,999,022 on April 20, 2021. The transaction will include participation from existing investor, Osung Advanced Materials Co., Ltd. (KOSDAQ:A052420). The transaction is expected to close on May 24, 2021. The transaction has been approved by the board of directors of the company. The funding is being raised through third-party allotment method. The security will be issued at 10% discount. The transaction has been approved by the board of directors of the company. All securities issued in the transaction are subject to hold period of one year. Aankondiging • Jan 08
Osung Advanced Materials Co., Ltd. (KOSDAQ:A052420) cancelled the acquisition of an additional 3.5% stake in S-MAC CO., Ltd. (KOSDAQ:A097780) from Aprogen Healthcare & Games Inc. (KOSDAQ:A109960). Osung Advanced Materials Co., Ltd. (KOSDAQ:A052420) agreed to acquire an additional 3.5% stake in S-MAC CO., Ltd. (KOSDAQ:A097780) from Aprogen Healthcare & Games Inc. (KOSDAQ:A109960) for KRW 10 billion on January 6, 2020. Under the agreement, Osung Advanced Materials Co., Ltd. will acquire additional 8 million shares at an offer price of KRW 1250 per share. Osung Advanced Materials Co., Ltd. shall pay KRW 1 billion on January 6, 2020 and remaining amount on January 15, 2020. As of January 31, 2020, balance payment will be done on February 28, 2020. Post completion, Osung Advanced Materials Co., Ltd. will hold 32.12 million shares representing 13.85% stake of S-MAC CO., Ltd. and Aprogen Healthcare & Games Inc. will hold 17.05 million shares representing 7.35% stake of S-MAC CO., Ltd. Board of Directors has passed the resolution on January 6, 2020. The transaction is expected to complete on January 31, 2020. As of January 31, 2020, transaction is expected to complete on February 28, 2020. As of February 27, 2020, transaction is expected to complete on March 31, 2020.
Osung Advanced Materials Co., Ltd. (KOSDAQ:A052420) cancelled the acquisition of an additional 3.5% stake in S-MAC CO., Ltd. (KOSDAQ:A097780) from Aprogen Healthcare & Games Inc. (KOSDAQ:A109960) on January 6, 2021. Reported Earnings • Nov 18
Third quarter 2020 earnings released: ₩14.00 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: ₩37.2b (down 5.9% from 3Q 2019). Net loss: ₩3.76b (down 229% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.