Announcement • Jul 09
APS Inc. (KOSDAQ:A054620) agreed to acquire Upi Co.,Ltd. from Ra Byung-chul, Kim Kyung-ae, Ra Dong-jin and Ra Kyung-rim for KRW 18.0 billion. APS Inc. (KOSDAQ:A054620) agreed to acquire Upi Co.,Ltd. from Ra Byung-chul, Kim Kyung-ae, Ra Dong-jin and Ra Kyung-rim for KRW 18.0 billion on July 7, 2026.
For the period ending December 31, 2025, Upi Co.,Ltd. reported total revenue of KRW 9.54 billion and net income of KRW 2.04 billion. As of December 31, 2025, Upi Co.,Ltd. reported total assets of KRW 14.05 billion and total common equity of KRW 10.01 billion.
The transaction is subject to approval of offer by acquirer board. As of july 7, 2026 Approval by APS Inc. board was recieved. The expected completion of the transaction is July 31, 2026. Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to ₩3,715, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 22x in the Semiconductor industry in South Korea. Total loss to shareholders of 62% over the past three years. Valuation Update With 7 Day Price Move • May 29
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩4,720, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 27x in the Semiconductor industry in South Korea. Total loss to shareholders of 57% over the past three years.