Wonik IPS (240810)
원익아이피에스 · KOSDAQ · Deposition and etch equipment for memory
KOSDAQ · Price as of · Delayed Quote · Converted at ₩1342 per dollar
- Code240810
- ExchangeKOSDAQ
- Korean name원익아이피에스
- Quoted inKorean won
- US listingNone
- Run byAhn Tae-hyuk
- Analysts14
- Implied upside+36.5%
- Target range₩85,000 to ₩190,000
- Target in dollars$112.17
Reported fundamentals
There is no stock score on this page. The score is computed from audited XBRL filings on SEC EDGAR and includes a 20-point insider component built from Form 4s, and a Korean company files neither, so a grade here would be measuring something different from the same letter on a US hub. These are the reported figures instead.
| Revenue | ₩909.8B ($677.7M) | +21.6% against the prior year |
| Net income | ₩84.0B ($62.6M) | 9.2% net margin |
| Capital spending | ₩32.0B | 3.5% of revenue |
| Shares outstanding | 48,655,690 | +1.7% 2022 to 2025, dilution |
| Cash | ₩409.0B ($304.7M) | Current ratio 2.5 |
| Total debt | ₩3.8B ($2.8M) | Debt to equity 0.4 |
| Forward P/E | 23.0 | On analyst estimates, not on reported earnings |
Wonik IPS closed at ₩110,300 on Sep 11, down 1.1% since Aug 12. Daily closes on the KOSDAQ, in won. Source: Yahoo Finance.
What Wonik IPS does
Wonik IPS builds deposition and etch equipment, the tools that lay down and cut away the thin films a chip is assembled from. Its customers are the Korean memory makers, which ties the order book directly to how much new memory capacity Samsung and SK Hynix decide to build in a given year.
That dependence cuts both ways. A domestic equipment supplier captures the spending when Korean memory investment turns up, and it captures none of it when the same companies pause. Wonik IPS is also a read on how much of the equipment spend stays in Korea rather than going to the American, Japanese and Dutch tool makers that dominate the most advanced steps.
Wonik IPS is run by Ahn Tae-hyuk (안태혁), CEO.
Wonik IPS has no US listing. Buying the shares means buying the Seoul line, which most US brokerage accounts cannot do directly.
Wonik IPS coverage
Other Korean AI listings
| Company | Code | Board | What it makes |
|---|---|---|---|
| SK Hynix | 000660 | KOSPI | HBM memory for AI accelerators |
| Samsung Electronics | 005930 | KOSPI | Memory, foundry and the broader electronics business |
| Hanmi Semiconductor | 042700 | KOSPI | Thermal compression bonders for HBM stacking |
| HPSP | 403870 | KOSDAQ | High-pressure annealing equipment |
| Leeno Industrial | 058470 | KOSDAQ | Test probes and probe cards |
| Samsung Electro-Mechanics | 009150 | KOSPI | FC-BGA package substrates and MLCCs |
| Naver | 035420 | KOSPI | Korea's search platform and HyperCLOVA X |
| LG Innotek | 011070 | KOSPI | Camera modules and package substrates |
| Simmtech | 222800 | KOSDAQ | Package substrates for memory |
| Techwing | 089030 | KOSDAQ | Memory test handlers |
| Hana Micron | 067310 | KOSDAQ | Semiconductor packaging and test |
| ISC | 095340 | KOSDAQ | Test sockets |
| Jusung Engineering | 036930 | KOSDAQ | Atomic layer deposition equipment |
| Soulbrain | 357780 | KOSDAQ | Process chemicals for chipmaking |
| Samsung SDS | 018260 | KOSPI | IT services, cloud and data centers |
| SK Square | 402340 | KOSPI | Holding company whose main asset is SK Hynix |
| Kakao | 035720 | KOSPI | Messaging platform building consumer AI |
| HD Hyundai Electric | 267260 | KOSPI | Transformers and switchgear |
| LS Electric | 010120 | KOSPI | Power distribution and automation |
| Hyosung Heavy Industries | 298040 | KOSPI | Transformers and heavy electrical equipment |
| Doosan Enerbility | 034020 | KOSPI | Power plant equipment, turbines and nuclear components |
Frequently asked questions
What is Wonik IPS's stock code?
Wonik IPS trades on the KOSDAQ in Seoul under the code 240810. Data providers usually write it as 240810.KQ. The company has no US listing, so the Seoul line is the only place the shares trade.
Why is Wonik IPS an AI stock?
Wonik IPS builds deposition and etch equipment, the tools that lay down and cut away the thin films a chip is assembled from. Its customers are the Korean memory makers, which ties the order book directly to how much new memory capacity Samsung and SK Hynix decide to build in a given year.
What do analysts expect for Wonik IPS?
14 analysts covering Wonik IPS have an average price target of ₩150,571 (about $112.17), which is +36.5% against the last close. Coverage of Korean listings is overwhelmingly domestic, so these are Korean brokerage estimates rather than the US sell-side names that cover an American chip stock.
Does Wonik IPS file with the SEC?
No. Wonik IPS is a Korean company listed in Seoul, so it reports to the Korea Exchange and the Financial Supervisory Service, not the SEC. That is why this page has no filings, Form 4 insider or congressional trading sections: those are built from EDGAR, which has nothing on a company that does not file there.