Inics
Daily close in US$ at the latest USD/KRW close. Source: KRX via FinanceDataReader.
Inics makes safety components for the pouch-type batteries used in electric vehicles, specifically battery-cell pads and fire-resistant materials that improve battery efficiency, longevity, and safety.
The company supplies these parts to customers including Hyundai Mobis, SK On, and SKBA, and holds Volkswagen as a finished-vehicle manufacturer customer, meeting the stringent process and quality standards required by the German automotive association. Listed on KOSDAQ, Korea's tech and small-cap board, Inics has built its own in-house fire-resistance testing laboratory to validate product performance internally. It has also completed a new manufacturing facility in Auburn, Alabama, in the United States.
Summary is AI-generated and may contain errors · figures from DART filings
Inics supplies Volkswagen indirectly through SKBA, requiring it to meet the German automotive association's process and quality standards, a certification pathway explicitly noted in its filing.
Inics in five facts
What does Inics do?
Inics makes safety components for the pouch-type batteries used in electric vehicles, specifically battery-cell pads and fire-resistant materials that improve battery efficiency, longevity, and safety.
Where is Inics listed and in which sector?
Inics (Korean name: 이닉스) trades under KRX code 452400 on KOSDAQ, the Korea Exchange's board for smaller and growth companies. It is classified in the Consumer Discretionary sector, Auto Parts.
How large is Inics?
Its market capitalisation was US$34.4M on 2026-10-21, which puts it in this site's small-cap group. US$ amounts are converted from won at 1 USD ≈ ₩1,325 (2026-10-21).
What were Inics's latest annual revenue and operating profit?
For fiscal year 2025, Inics reported revenue of US$92.5M, an operating loss of US$755.7K and net income of US$175.2K, per its annual report on DART (data retrieved from DART on 2026-10-02). Revenue was up 17.3% on the previous year.
Where does this data come from?
Financial statements and filings come from DART, Korea's official corporate-filing system. Share prices, market capitalisation and trading status come from KRX. Company summaries are AI-generated from the filings and may contain errors; financial figures are mapped directly from DART.
Data sources and last updated
- Filings and financial statements
- DART (dart.fss.or.kr), Korea's official corporate-filing system
- Prices, market cap, trading status
- KRX (Korea Exchange), via FinanceDataReader
- Latest annual financials
- Fiscal year 2025, data retrieved from DART on 2026-10-02
- Share price and market cap
- Close of 2026-10-21
- Currency
- US$, 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.
- Executives/major shareholders' securities trading planOct 13
- [Amended] Change of 30% or more in revenue or profit/loss structure (15% for large companies)
Inics updated its previously filed consolidated results for FY2025: revenue of US$83.4M (+17.29% year on year), an operating loss of US$681K and net income of US$158K (−76.77% year on year).
Earnings · Mar 13 · 2 versions