Novatech
Daily close in US$ at the latest USD/KRW close. Source: KRX via FinanceDataReader.
Novatech makes permanent magnets, components that generate a stable magnetic field without electricity, used inside smartphones, tablet computers, and other high-specification smart devices.
It focuses specifically on neodymium magnets (a rare-earth alloy), supplying design and engineering solutions to manufacturers of consumer electronics. The company is headquartered in South Korea and listed on KOSDAQ, Korea's tech-oriented small-cap exchange, and operates subsidiaries in Vietnam and China. Its entire business is concentrated in a single, undivided segment centered on applied magnet products.
Summary is AI-generated and may contain errors · figures from DART filings
Novatech runs overseas subsidiaries in Vietnam and China from its South Korean headquarters, giving it an international production and operational footprint uncommon for a KOSDAQ small-cap.
Novatech in five facts
What does Novatech do?
Novatech makes permanent magnets, components that generate a stable magnetic field without electricity, used inside smartphones, tablet computers, and other high-specification smart devices.
Where is Novatech listed and in which sector?
Novatech (Korean name: 노바텍) trades under KRX code 285490 on KOSDAQ, the Korea Exchange's board for smaller and growth companies. It is classified in the Consumer Discretionary sector, Consumer Durables.
How large is Novatech?
Its market capitalisation was US$92M on 2026-10-21, which puts it in this site's small-cap group. US$ amounts are converted from won at 1 USD ≈ ₩1,325 (2026-10-21).
What were Novatech's latest annual revenue and operating profit?
For fiscal year 2025, Novatech reported revenue of US$42M, operating profit of US$5.1M and net income of US$13.4M, per its annual report on DART (data retrieved from DART on 2026-10-02). Revenue was down 15.5% on the previous year.
Where does this data come from?
Financial statements and filings come from DART, Korea's official corporate-filing system. Share prices, market capitalisation and trading status come from KRX. Company summaries are AI-generated from the filings and may contain errors; financial figures are mapped directly from DART.
Data sources and last updated
- Filings and financial statements
- DART (dart.fss.or.kr), Korea's official corporate-filing system
- Prices, market cap, trading status
- KRX (Korea Exchange), via FinanceDataReader
- Latest annual financials
- Fiscal year 2025, data retrieved from DART on 2026-10-02
- Share price and market cap
- Close of 2026-10-21
- Currency
- US$, converted from won at 1 USD ≈ ₩1,325 (2026-10-21 close)
- Company data updated
- 2026-10-21
- Company summary
- AI-generated from filings; may contain errors. Information only, not investment advice.
- Cash/in-kind dividend decision
Novatech declared a cash dividend of US$1.93 per share, equal to about 13.06% of the recent share price.
Dividend · Mar 9 - Change of 30% or more in revenue or profit/loss structure (15% for large companies)
Novatech reported consolidated results for FY2025: revenue of US$38.1M (−17.4% year on year), operating profit of US$5.11M (−42.2% year on year) and net income of US$12.2M (+1.3% year on year).
Earnings · Feb 26 - Treasury share disposal: results reportTreasury Shares · Feb 10
- Material event report (treasury share disposal)
Novatech disclosed a plan to sell treasury shares worth US$5.55M, about 6.7% of its market value.
Treasury Shares · Feb 5 - Treasury share disposal: results reportTreasury Shares · Jan 5