Adaptive Plasma Technology Corp

089970 · KQ · Technology / Semiconductor Equipment & Materials

41,200.00KRW+1950.00 (+4.97%)

Price History

Full chart

Market Stats

Previous Close39,250.00

Open40,150.00

Day Range39,250.00 – 44,150.00

52-Week Range19,400.00 – 122,100.00

Volume892.35K

Market Cap1.75T

P/E (TTM)0.00

Forward P/E0.00

Dividend Yield0.00%

Beta1.41

50-Day Avg60,317.00

200-Day Avg54,706.25

About

VM Inc. manufactures and sells dry etcher systems that are used for semiconductor production process in South Korea and internationally. The company offers poly, metal, and oxide etcher systems. The company was formerly known as Adaptive Plasma Technology Corp. and changed its name to VM Inc. in March 2024. VM Inc. was founded in 2002 and is based in Icheon-si, South Korea.

Company Details

SectorTechnology
IndustrySemiconductor Equipment & Materials
CEOMr. Jongpil Lim
Employees103
Headquarters58-47 Seoicheon-ro, Icheon-si, South Korea, Korea
Websitehttps://www.iaptc.com

Leadership

Mr. Jongpil LimCo-CEO & Executive Director · b. 1960
Mr. Sang-Woo LeeResearch Institute Director · b. 1973
Mr. WooHyeong ChoiCo-CEO & Executive Director · b. 1967
Mr. JungWoo SeoHead of Manufacturing & Technology Department · b. 1970
Mr. Jin Wook JungHead of Sales & Technology Planning Department · b. 1970
Mr. Jaeyoon LeeHead of Management Division & Executive Director · b. 1981
Mr. Sang-Il SeoManufacturing & Technology Team Leader · b. 1964

Financials

Income Statement

Currency: KRW	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	4.40B	37.85B	41.12B	61.04B	59.33B	93.03B	178.05B	141.39B	26.01B	70.28B	144.41B
Growth (%)	-	+760.27%	+8.64%	+48.43%	-2.81%	+56.81%	+91.39%	-20.59%	-81.60%	+170.21%	+105.49%
Cost of Revenue	2.79B	22.75B	23.58B	33.65B	33.15B	52.31B	100.69B	81.89B	13.35B	46.91B	90.69B
Gross Profit	1.61B	15.10B	17.54B	27.39B	26.18B	40.72B	77.37B	59.49B	12.66B	23.36B	53.72B
Gross Margin	36.57%	39.90%	42.65%	44.87%	44.12%	43.77%	43.45%	42.08%	48.68%	33.25%	37.20%
Operating Expense	3.36B	5.57B	4.85B	6.32B	10.05B	11.09B	23.35B	28.56B	23.62B	31.96B	29.05B
Operating Income	-1.75B	9.54B	12.69B	21.07B	16.12B	29.62B	54.02B	30.93B	-10.96B	-8.60B	24.67B
Operating Margin	-39.84%	25.19%	30.86%	34.52%	27.18%	31.84%	30.34%	21.88%	-42.15%	-12.24%	17.09%
EBITDA	-	-	-	-	-	-	-	36.85B	-4.96B	-1.03B	30.36B
EBITDA Margin	-	-	-	-	-	-	-	26.06%	-19.09%	-1.47%	21.02%
Net Income	-2.11B	13.89B	10.85B	17.48B	14.16B	23.37B	46.46B	27.88B	-6.98B	-3.45B	26.13B
Net Income Margin	-48.04%	36.69%	26.38%	28.63%	23.87%	25.12%	26.09%	19.72%	-26.82%	-4.91%	18.10%
R&D	1.28B	672.02M	403.74M	561.82M	1.89B	1.22B	4.84B	6.84B	6.61B	14.55B	7.70B
R&D as % of Total Revenue	29.14%	1.78%	0.98%	0.92%	3.18%	1.31%	2.72%	4.84%	25.40%	20.70%	5.33%
Interest Expense	0	0	0	0	14.67M	16.81M	72.67M	161.45M	671.70M	1.87B	1.35B
Interest Expense % of Total Revenue	0.00%	0.00%	0.00%	0.00%	0.02%	0.02%	0.04%	0.11%	2.58%	2.66%	0.93%

Balance Sheet

Currency: KRW	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	10.08B	20.99B	29.61B	64.67B	65.53B	118.42B	145.63B	156.63B	150.93B	165.70B	248.73B
Total Liabilities	13.11B	9.23B	5.67B	11.25B	6.03B	28.77B	31.53B	38.72B	28.75B	41.40B	71.53B
Total Equity	-3.03B	11.76B	23.94B	53.43B	59.50B	89.66B	114.10B	117.91B	122.17B	124.30B	177.20B
Cash	799.79K	418.00K	1.10M	15.77B	41.33B	57.25B	3.38M	842.11K	68.17B	91.96B	130.52B
Total Debt	-	-	-	-	4.47M	274.67M	-	-	-	-	-

Cash Flow

Currency: KRW	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-1.87B	21.97B	21.97B	21.97B	11.80B	13.01B	54.06B	-8.21B	-15.59B	22.17B	18.31B
Investing Cash Flow	4.83M	-21.42B	-21.42B	-21.42B	23.29B	-3.90B	-4.48B	-26.46B	26.76B	-5.85B	-
Financing Cash Flow	1.85B	-3.90B	11.05B	11.05B	-9.42B	9.11B	-24.81B	-6.61B	8.12B	-74.83M	-
Capital Expenditure	61.08M	881.76M	674.10M	674.10M	459.32M	1.49B	2.43B	938.26M	1.72B	6.20B	8.98B
Free Cash Flow	-	-	-	-	-	11.22B	51.52B	-9.45B	-17.31B	15.96B	9.33B
Dividends Paid	-	-	4.41B	4.41B	4.41B	15.21B	15.21B	21.54B	0	-	-
FCF to OCF	-	-	-	-	-	86.27%	95.31%	115.03%	111.01%	72.02%	50.98%
Dividend Paid to FCF	-	-	-	-	-	135.47%	29.51%	-228.05%	0.00%	-	-

Earnings

Report Date	Nov 14, 2018	Feb 7, 2019	May 14, 2019	Aug 9, 2019	Nov 10, 2019	Mar 13, 2020	May 13, 2020	Aug 11, 2020	Nov 12, 2020	Jan 18, 2021	Apr 29, 2021	Aug 16, 2021	Nov 7, 2021	Feb 13, 2022	May 16, 2022	Aug 12, 2022	Nov 14, 2022	Feb 17, 2023	Mar 31, 2023	Jun 30, 2023	Sep 30, 2023	Dec 31, 2023	Mar 31, 2024	Jun 30, 2024	Sep 30, 2024	Dec 31, 2024	Mar 31, 2025	Jun 30, 2025	Sep 30, 2025	Dec 31, 2025	Mar 31, 2026
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EPS Actual	236.98	193.00	-61.47	416.53	235.93	63.49	197.00	300.00	105.00	497.64	1032.00	245.00	467.00	378.33	805.00	492.00	264.00	-269.31	87.59	-38.70	-149.48	-218.66	-134.16	31.87	-129.76	74.44	71.05	94.33	476.13	469.47	1047.93
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	After-hours	After-hours	After-hours	Pre-market	After-hours	After-hours	After-hours	Pre-market	After-hours	After-hours	Pre-market	After-hours	After-hours	After-hours	Pre-market	-	Pre-market	Pre-market	-	-	-	-	-	-	-	-	-	-	-	-	-

Key Statistics & Ratios

Market Cap1.75T

Enterprise Value1.38T

Trailing P/E0.00

Forward P/E0.00

Price / Sales7.05

Price / Book6.39

Revenue (TTM)248.48B

Gross Profit (TTM)102.91B

EBITDA70.78B

Profit Margin26.54%

Operating Margin27.74%

Return on Equity32.43%

Return on Assets17.45%

Shares Outstanding26.33M

Shares Float19.76M

Beta1.41

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%

Dividends

20222×

1000.00Dec 28, 2022200.00Sep 29, 2022

20212×

1000.00Dec 29, 2021200.00Sep 29, 2021

20201×

500.00Dec 29, 2020

20181×

200.00Dec 27, 2018