Key Takeaways
Record Profits
Annual OP 47T KRW, 49% Margin
Stock Cancellation
12.2T KRW (2.1% of shares) Cancelled
Cash Dividend
1.3T KRW Total (1,875 KRW/share)
Earnings Highlight (Annual & Q4)
19T OP in Q4 Alone... No Winter for Chips
Financial Performance (YoY)
Achieved 97T KRW annual revenue and 47T KRW operating profit in 2025. Q4 alone saw 32.8T revenue (YoY +66%) and 19.2T OP (YoY +137%), marking the highest quarterly performance ever and proving accelerated growth.
Market & Employee Voice
"58% OP margin in Q4? Thought it was a typo."
Excited"Stock bonus for 12k employees, great morale booster."
Positive"Assets over 176T, debt down. Strong fundamentals."
Analytical"The Q4 surprise confirms that the shift to high-value products like HBM has structurally settled."
Financials & Returns
Sharing Success: Cancellation, Dividends, and Bonuses
Shareholder Return
Canceling full 15.3M treasury shares (12.2T KRW), reducing total shares to 712M. Immediate EPS boost. Also granting 450k shares to 12,151 employees to share the fruit of growth.
Key Metrics (Consolidated)
Annual OP
4Q OPSURPRISE
Total Assets
Key Announcements
- Cancellation: 15.3M Shares (2.1% of total)
- Emp Bonus: 451k shares for 12,151 staff
- Dividend: 1,875 KRW Year-end
"Beyond simple cash dividends, implemented 'Advanced Shareholder Return' by fundamentally increasing share value via cancellation."
Inv. Points & Valuation
2026: Year of Valuation Re-rating
Upside Scenarios
EPS to rise after cancellation (Feb 9) reduces share count.
Equity over 120T. Lower debt ratio enables massive capex.
Overwhelming cash flow funds next-gen packaging/process.
Event Timeline
Earnings Call
Detailed guidance check
Cancellation
15.3M shares removed (728M -> 712M shares)
Dividend Record
Rights to 1,875 KRW/share confirmed
Vividat Verdict
"Level-up in profits, improved financials, strong returns. The perfect conditions for a 'Growth Value Stock'."