What the company does
SungEel HiTech recovers valuable metals, such as lithium, cobalt, and nickel, from used lithium-ion batteries, supplying recycled battery materials back into the electric-vehicle and energy-storage supply chain.
The company is listed on KOSDAQ, South Korea's technology and small-cap stock exchange. Its business is built around the hydrometallurgical process of extracting and refining these metals from spent battery cells, meaning its fortunes are closely tied to the volume and quality of end-of-life batteries it can source and process.
Summary is AI-generated and may contain errors · figures from DART filings
Financials
Source: DART · FY ending Dec · latest FY2025Revenue · FY2025
US$141M
▲ +42.9% YoY
Operating profit · FY2025
−US$39.5M
Loss narrowed
Net income · FY2025
−US$58.4M
Loss narrowed
Revenue
- FY2023US$179.3M
- FY2024US$98.7M
- FY2025US$141M
Operating profit
- FY2023−US$6M
- FY2024−US$51.7M
- FY2025−US$39.5M
Net income
- FY2023US$18.3M
- FY2024−US$81.5M
- FY2025−US$58.4M
Key ratios (FY2025)
ROE
-52.3%
Debt/Eq
367.6%
Op. margin
-28.0%
Net margin
-41.4%
Rev. YoY
▲ +42.9%
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