Vinatech FY 2025 Annual Report
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Filed: March 19, 2026· period ending December 31, 2025DART

Vinatech annual report for FY 2025, filed with DART (Korea Financial Supervisory Service) on March 19, 2026. This page provides AI-powered English analysis including business overview, management discussion & analysis (MD&A), risk factors, and KIFRS consolidated financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE).

Vinatech FY 2025 Annual Report Analysis

Business Overview

  • 88.65% export dependency in 2025, majority sales priced in USD, totaling KRW 82.2B revenue
  • Expansion from single cell supply to system-level business in supercapacitor segment starting 2025

Management Discussion & Analysis

  • Revenue KRW 82.2B (+37.99% YoY); operating profit KRW 1.77B vs. prior year operating loss KRW 8.07B; net loss KRW 7.0B, improved 27.62%
  • Supercapacitor segment drove growth through increased AI Data Center demand and expanded high-value product sales, plus cost structure improvements

Risk Factors

  • USD net foreign currency exposure negative KRW 6.19B, CNY net positive exposure KRW 6.97B as of FY2025
  • FX sensitivity: 10% KRW depreciation vs USD → KRW 618.8M loss, vs CNY → KRW 697.4M gain in pre-tax income

Vinatech FY 2025 Key Financial Metrics
DART

Total Assets

KRW 202.3B

+14.8% YoY

Operating Cash Flow

-KRW 6.1B

-76.9% YoY

CapEx

KRW 19.4B

-56.8% YoY

Source: KIFRS consolidated financial data from Vinatech annual report on DART. All figures in KRW.

Source: DART (Korea Financial Supervisory Service) · AI summaries generated from the original Korean filing (English output) · Beta: coverage is expanding