YC annual report for FY 2025, filed with DART (Korea Financial Supervisory Service) on March 18, 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).
YC FY 2025 Annual Report Analysis
Business Overview
- • YC (와이씨) designs and sells semiconductor EDS test equipment (memory wafer testers) + multilayer ceramic substrates for probe cards; FY2025 total revenue KRW 272.6B
- • MT8311 ("Polaris Project") new wafer tester — developed from 2021, commercialized and shipping began H2 2024; directly targeting HBM/DDR5 demand
Management Discussion & Analysis
- • Revenue KRW 272.6B (+29% YoY); OP KRW 17.0B (+60% YoY); net income KRW 29.0B (+124% YoY)
- • 3D NAND wafer tester MT6122 (co-developed with Samsung Electronics since 2016) cited as primary revenue driver; additional sales expected from Samsung's Hwaseong/Pyeongtaek/Xi'an capacity expansion
Risk Factors
- • USD 10% move → ±KRW 2.6B pre-tax impact (current year), vs ±KRW 280M prior year — net USD exposure swung from net short to net long KRW 26.4B
- • KRW 10.0B convertible bond (전환사채) due within 3 months — full principal callable imminently
YC FY 2025 Key Financial MetricsDART
Total Assets
KRW 607.2B
▲ +5.3% YoY
Operating Cash Flow
KRW 41.2B
▲ +274.9% YoY
CapEx
KRW 16.0B
▼ -40.2% YoY
Source: KIFRS consolidated financial data from YC 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