Announcement • Jun 24
Protec Mems Technology Inc. has completed a Follow-on Equity Offering in the amount of KRW 37.592649 billion. Protec Mems Technology Inc. has completed a Follow-on Equity Offering in the amount of KRW 37.592649 billion.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 9,180,134
Price\Range: KRW 4095
Discount Per Security: KRW 40.95
Transaction Features: ESOP Related Offering; Rights Offering New Risk • Apr 24
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 17% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 68% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩66.7b market cap, or US$44.9m). Announcement • Apr 10
Protec Mems Technology Inc. has filed a Follow-on Equity Offering in the amount of KRW 18.49797 billion. Protec Mems Technology Inc. has filed a Follow-on Equity Offering in the amount of KRW 18.49797 billion.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 9,180,134
Price\Range: KRW 2015
Discount Per Security: KRW 20.15
Transaction Features: ESOP Related Offering; Rights Offering Announcement • Mar 17
Protec Mems Technology Inc., Annual General Meeting, Mar 31, 2026 Protec Mems Technology Inc., Annual General Meeting, Mar 31, 2026, at 10:00 Tokyo Standard Time. Location: conference room, 77-20, yeonamyulgeum-ro, eumbong-myeon, chungcheongnam-do, asan South Korea New Risk • Feb 04
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 10% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-₩12b free cash flow). Earnings have declined by 65% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (₩47.2b market cap, or US$32.4m). Reported Earnings • Nov 19
Third quarter 2025 earnings released: ₩296 loss per share (vs ₩196 loss in 3Q 2024) Third quarter 2025 results: ₩296 loss per share (further deteriorated from ₩196 loss in 3Q 2024). Revenue: ₩6.04b (down 26% from 3Q 2024). Net loss: ₩3.21b (loss widened 51% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. New Risk • Oct 07
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 7.3% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-₩12b free cash flow). Earnings have declined by 58% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (₩35.6b market cap, or US$25.2m). Announcement • Mar 05
Protec Mems Technology Inc., Annual General Meeting, Mar 31, 2025 Protec Mems Technology Inc., Annual General Meeting, Mar 31, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 77-20, yeonamyulgeum-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 Risks No financial data reported. Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risk Market cap is less than US$100m (₩32.4b market cap, or US$22.5m). New Risk • Sep 26
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 12% 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 25% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (₩45.5b market cap, or US$34.3m). New Risk • Mar 20
New major risk - Revenue and earnings growth Earnings have declined by 9.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.0% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (₩69.0b market cap, or US$51.6m). New Risk • Feb 02
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 8.2% 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: Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (₩82.2b market cap, or US$62.1m). Reported Earnings • Nov 19
Third quarter 2023 earnings released: EPS: ₩5.00 (vs ₩58.00 in 3Q 2022) Third quarter 2023 results: EPS: ₩5.00 (down from ₩58.00 in 3Q 2022). Revenue: ₩10.6b (down 18% from 3Q 2022). Net income: ₩51.7m (down 92% from 3Q 2022). Profit margin: 0.5% (down from 4.8% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 03
Full year 2022 earnings released: ₩362 loss per share (vs ₩726 profit in FY 2021) Full year 2022 results: ₩362 loss per share (down from ₩726 profit in FY 2021). Revenue: ₩38.2b (down 37% from FY 2021). Net loss: ₩3.92b (down 150% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩4,385, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 11x in the Semiconductor industry in South Korea. Total loss to shareholders of 7.8% over the past three years. Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment improved over the past week After last week's 16% share price gain to ₩8,520, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 18x in the Semiconductor industry in South Korea. Total returns to shareholders of 85% over the past three years. Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment improved over the past week After last week's 16% share price gain to ₩8,670, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 20x in the Semiconductor industry in South Korea. Total returns to shareholders of 111% over the past three years. Valuation Update With 7 Day Price Move • Aug 20
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩8,490, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 21x in the Semiconductor industry in South Korea. Total returns to shareholders of 76% over the past three years. Reported Earnings • May 18
First quarter 2021 earnings released: EPS ₩210 (vs ₩43.00 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₩14.6b (up 39% from 1Q 2020). Net income: ₩2.27b (up 393% from 1Q 2020). Profit margin: 16% (up from 4.4% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Jan 26
New 90-day high: ₩7,210 The company is up 31% from its price of ₩5,520 on 28 October 2020. The South Korean market is up 36% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 55% over the same period. Is New 90 Day High Low • Jan 04
New 90-day high: ₩7,100 The company is up 21% from its price of ₩5,850 on 06 October 2020. The South Korean market is also up 21% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Semiconductor industry, which is up 32% over the same period. Is New 90 Day High Low • Dec 02
New 90-day high: ₩6,550 The company is up 9.0% from its price of ₩6,000 on 03 September 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 21% over the same period. Announcement • Sep 19
Im Dong Jun and other 19 individuals acquired 38.5% stake in Microfriend Inc. (KOSDAQ:A147760). Im Dong Jun and other 19 individuals acquired 38.5% stake in Microfriend Inc. (KOSDAQ:A147760) on December 19, 2016. Im Dong Jun and other 19 individuals acquired 4.1 million shares and holds 38.3% stake in Microfriend Inc.
Im Dong Jun and other 19 individuals completed the acquisition of 38.5% stake in Microfriend Inc. (KOSDAQ:A147760) on December 19, 2016. Announcement • Jul 17
Protec Co., Ltd. (KOSDAQ:A053610) acquired an additional 13.64% stake in Microfriend Inc. (KOSDAQ:A147760) from a group of shareholders for KRW 9.2 billion. Protec Co., Ltd. (KOSDAQ:A053610) acquired an additional 13.64% stake in Microfriend Inc. (KOSDAQ:A147760) from a group of shareholders for KRW 9.2 billion on July 2, 2020. Under the terms, Protec Co., Ltd. acquired 1.48 million shares at KRW 6,250 per share. The consideration is paid from Protec's own funds of KRW 11.2 billion. Post-completion, Protec Co., Ltd. increased its stake in Microfriend Inc. to 17.34%.
Protec Co., Ltd. (KOSDAQ:A053610) completed the acquisition of an additional 13.64% stake in Microfriend Inc. (KOSDAQ:A147760) from a group of shareholders on July 2, 2020