399720 - Gaonchips Co., Ltd.

399720 Summary

Semiconductors

Stock Price & Overview

₩42,100 +1,800 (+4.47%) Close · Sep 4, 2026 KST

KOSDAQ | ₩KRW | Close: ₩42,100 ≈ US$30 · Market cap ₩0.5tn (≈ $357m)

399720 Financial Statements

Breakdown ₩ bn	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Total Revenue	68.5	96.5	63.6	43.3	32.2	17.1
Cost of Revenue	73.7	82.2	50.9	31.7	21.5	12.1
Gross Profit	-5.2	14.2	12.7	11.6	10.7	5.0
Selling, General & Administrative	11.5	10.7	8.4	7.7	4.5	3.0
Operating Income	-16.7	3.5	4.4	3.9	6.2	2.0
Finance Income	5.2	4.3	2.0	1.4	0.9	0.6
Finance Costs	9.0	2.3	0.8	1.1	0.5	0.7
Pretax Income	-19.9	5.5	5.4	4.3	6.6	1.9
Income Tax Expense	-5.6	-2.1	-1.0	-0.2	0.4	0.0
Net Income	-14.4	7.5	6.3	4.4	6.2	1.9
Total Comprehensive Income	-15.2	7.6	6.3	4.4	6.1	1.6

Breakdown ₩ bn	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Total Assets	159.3	112.7	94.6	73.2	37.0	25.5
Current Assets	111.6	74.7	64.4	55.0	29.9	20.2
Cash & Cash Equivalents	52.7	18.7	7.0	11.0	5.6	9.4
Inventories	1.1	—	—	—	—	—
Trade Receivables	6.1	18.7	14.8	7.5	5.3	6.2
Non-current Assets	47.7	38.0	30.3	18.2	7.1	5.3
Property, Plant & Equipment	22.5	20.9	14.6	10.8	5.0	3.0
Intangible Assets	6.5	5.2	6.2	5.5	1.0	1.2
Total Liabilities	104.6	43.4	32.6	18.8	15.1	14.7
Current Liabilities	95.8	36.2	24.8	14.4	13.8	9.4
Non-current Liabilities	8.8	7.1	7.8	4.4	1.3	5.3
Total Equity	54.7	69.4	62.0	54.4	21.9	10.9
Share Capital	5.8	5.8	5.7	5.7	4.7	0.4
Retained Earnings	20.3	34.7	27.1	20.8	16.4	10.3

Breakdown ₩ bn	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Cash from Operating Activities	-0.8	10.8	5.7	5.9	3.5	1.9
Cash from Investing Activities	2.0	1.3	-9.3	-31.7	-8.3	-3.1
Purchase of Property, Plant & Equipment	5.2	9.5	6.8	6.1	2.7	1.2
Cash from Financing Activities	33.7	-0.6	-0.4	31.2	0.9	5.2
Net Change in Cash	34.9	11.5	-4.0	5.4	-3.8	3.9

Breakdown ₩ bn	2026 Q2	2026 Q1	2025 Q4	2025 Q3	2025 Q2	2025 Q1	2024 Q4	2024 Q3	2024 Q2	2024 Q1
Total Revenue	21.3	20.6	33.1	11.1	9.1	15.2	26.4	28.9	23.3	17.9
Cost of Revenue	18.3	21.5	28.2	15.7	11.2	18.6	22.0	24.3	19.9	16.0
Gross Profit	3.1	-0.9	4.9	-4.7	-2.1	-3.4	4.3	4.6	3.4	1.9
Selling, General & Administrative	2.7	3.0	3.2	2.6	2.7	3.0	2.5	2.4	3.3	2.5
Operating Income	0.3	-3.9	1.7	-7.3	-4.7	-6.4	1.8	2.2	0.1	-0.6
Finance Income	8.2	2.2	1.9	0.7	1.8	0.8	1.7	0.2	1.2	1.2
Finance Costs	6.4	1.3	2.6	0.8	4.9	0.7	0.6	0.3	0.3	1.1
Pretax Income	2.1	-3.0	1.9	-7.6	-7.9	-6.4	3.0	2.1	0.9	-0.5
Income Tax Expense	1.4	-1.4	0.6	-1.6	-3.8	-0.7	-1.8	0.4	-0.6	-0.1
Net Income	0.7	-1.5	1.3	-6.0	-4.1	-5.6	4.8	1.6	1.5	-0.4
Total Comprehensive Income	0.8	-1.1	0.5	-6.0	-4.2	-5.6	4.8	1.6	1.5	-0.4

Breakdown ₩ bn	2026 Q2	2026 Q1	2025 Q4	2025 Q3	2025 Q2	2025 Q1	2024 Q4	2024 Q3	2024 Q2	2024 Q1
Total Assets	167.1	161.8	159.3	141.6	133.9	96.7	112.7	103.4	99.8	105.7
Current Assets	117.7	113.9	111.6	98.7	90.7	56.9	74.7	67.9	66.1	73.2
Cash & Cash Equivalents	36.5	31.0	52.7	13.1	7.4	3.8	18.7	12.7	6.9	22.7
Inventories	1.1	1.1	1.1	—	—	—	—	—	—	—
Trade Receivables	14.8	4.9	6.1	7.2	6.7	6.7	18.7	17.2	16.2	2.8
Non-current Assets	49.4	47.9	47.7	42.9	43.3	39.8	38.0	35.5	33.7	32.5
Property, Plant & Equipment	19.8	21.7	22.5	20.3	21.2	22.4	20.9	18.6	17.5	16.5
Intangible Assets	10.6	6.0	6.5	4.6	5.8	4.9	5.2	5.8	5.7	6.4
Total Liabilities	95.3	108.1	104.6	87.6	74.0	32.8	43.4	38.1	36.4	44.0
Current Liabilities	85.7	99.3	95.8	80.1	66.5	25.7	36.2	30.8	29.1	36.7
Non-current Liabilities	9.6	8.8	8.8	7.6	7.5	7.2	7.1	7.3	7.2	7.3
Total Equity	71.8	53.7	54.7	54.0	59.9	63.9	69.4	65.2	63.4	61.8
Share Capital	5.9	5.8	5.8	5.8	5.8	5.8	5.8	5.7	5.7	5.7
Retained Earnings	19.5	18.8	20.3	19.0	24.9	29.0	34.7	29.9	28.2	26.7

Breakdown ₩ bn	2026 Q2	2026 Q1	2025 Q4	2025 Q3	2025 Q2	2025 Q1	2024 Q4	2024 Q3	2024 Q2	2024 Q1
Cash from Operating Activities	4.6	-0.4	20.4	5.5	-5.1	-21.8	8.0	1.8	-11.4	12.4
Cash from Investing Activities	-0.2	-23.0	20.3	0.3	-25.5	6.9	-2.1	4.1	-3.6	2.9
Purchase of Property, Plant & Equipment	0.3	0.0	2.6	0.1	1.5	1.0	3.1	2.0	1.7	2.7
Cash from Financing Activities	0.4	-0.2	-0.2	-0.2	34.3	-0.2	-0.1	-0.2	-0.2	-0.2
Net Change in Cash	4.8	-23.5	40.5	5.7	3.7	-15.0	5.9	5.7	-15.1	15.1

Consolidated (CFS), from DART. 6 fiscal years and 10 quarters. Accounts matched on IFRS account_id, not Korean labels, so the same line holds across years where the Korean wording changed. Quarterly figures are three-month values: income quarters from DART's three-month column, cash-flow quarters differenced from DART's cumulative figures, and Q4 as annual minus nine-month cumulative.

399720 Growth

FY2025 ₩bn	Latest	1-yr	3-yr CAGR	5-yr CAGR	10-yr CAGR
Revenue	68.5	-29.0%	+16.5%	+32.0%	—
Operating income	-16.7	—	—	—	—
Net income	-14.4	—	—	—	—
EPS	₩-1,212	—	—	—	—
Operating cash flow	-0.8	—	—	—	—
Shareholders' equity	54.7	-21.1%	+0.2%	+38.1%	—

Compound annual growth from the DART annual statements on this page. n/m where either end of the period is a loss or missing. EPS uses today's share count for every year.

399720 Profitability

Ratio	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Gross margin	-7.6%	14.8%	20.0%	26.8%	33.2%	29.4%
Operating margin	-24.4%	3.7%	6.8%	9.0%	19.2%	11.5%
Net margin	-21.0%	7.8%	10.0%	10.2%	19.2%	10.8%
Return on equity	-23.2%	11.5%	10.9%	11.6%	37.8%	17.0%
Return on assets	-10.6%	7.3%	7.6%	8.0%	19.8%	7.3%
Operating cash flow / revenue	-1.2%	11.2%	8.9%	13.7%	10.7%	11.1%
Capex / revenue	7.6%	9.9%	10.7%	14.0%	8.2%	7.1%

Margins divide by revenue for the same year. Return on equity and assets divide net income by the average of that year's and the prior year's balance, as DART reports them (consolidated, including minority interests).

Similar to 399720

Symbol	Last Price
067310Hana Micron, Inc.	₩34,850 +0.4%
322000HD Hyundai Energy Solutions Co., Ltd.	₩138,900 +7.3%
166090Hana Materials, Inc.	₩49,900 +0.7%
036540SFA Semicon Co., Ltd.	₩5,610 -0.2%
094170Dongwoon Anatech Co., Ltd.	₩29,350 +2.6%
059090Mi Co., Ltd.	₩18,060 +3.2%
108320LX Semicon	₩36,200 +1.7%
046890Seoul Semiconductor Co., Ltd.	₩9,580 +0.1%
033640Nepes Corporation	₩21,550 +0.0%
077360DUK SAN HI Metal Co., Ltd.	₩10,060 +3.7%

Compare all 24 in Semiconductors

What a US investor should know

Trading hours09:00–15:30 KST — 20:00–02:30 US Eastern the night before.
Daily limitKorean stocks can move at most ±30% in a session before trading halts.
Getting exposureKRX shares are not directly tradable in most US brokerage accounts. The usual routes are Korea ETFs or an international account.
ReportingKorean issuers file to DART, not the SEC. Half-year and quarterly reports land about 45 days after period end.