Inics
이닉스 · 452400
Consumer Discretionary Auto Parts · KOSDAQ
Market cap US$46.7M (₩64.4B)
Overview
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
Financials
Source: DART · FY ending Dec · latest FY2025Revenue
- FY2023US$86.2M
- FY2024US$75.7M
- FY2025US$88.8M
Operating profit
- FY2023US$7.8M
- FY2024−US$1.1M
- FY2025−US$725.5K
Net income
- FY2023US$8M
- FY2024US$724K
- FY2025US$168.2K
Key ratios (FY2025)
Why it matters
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.
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