Union Materials
유니온머티리얼 · 047400
Materials Construction Materials · KOSPI
Market cap US$36.3M (₩50.1B)
Overview
Union Materials makes ferrite magnets, permanent magnets used inside the small electric motors found throughout cars and home appliances, and also produces ceramic cutting tools and other industrial ceramic products.
Its magnet business supplies automotive and consumer-electronics manufacturers on a business-to-business basis, sitting in the materials layer of those supply chains. Listed on KOSPI, Korea's main stock exchange, the company operates two distinct divisions: a ferrite magnet segment and a ceramics segment, with production facilities in Korea, Vietnam, and China.
Summary is AI-generated and may contain errors · figures from DART filings
Financials
Source: DART · FY ending Dec · latest FY2025Revenue
- FY2023US$84.4M
- FY2024US$78.5M
- FY2025US$73.9M
Operating profit
- FY2023−US$3.4M
- FY2024−US$12M
- FY2025US$3.9M
Net income
- FY2023−US$13.1M
- FY2024−US$33.7M
- FY2025US$1.8M
Key ratios (FY2025)
Why it matters
Union Materials operates through named subsidiaries, Unionmaterials Vietnam and Uniontooltech, giving it a multi-country manufacturing footprint across Korea, Vietnam, and China.
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