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Korean semiconductor packaging and test (OSAT) company, part of SFA Group, providing assembly/test services for memory and logic chips.
Korean semiconductor packaging and test (OSAT) company, part of SFA Group, providing assembly/test services for memory and logic chips.
Paid a processing fee for assembling and testing chips that other companies design and make, so volume follows customers' production plans, especially in memory. It owns no chip designs, and its packaging lines carry high fixed costs, which makes how fully they are used important. It belongs to the SFA group.
Moat: narrow (customer qualification, process know-how). Qualified OSAT provider inside Korea's memory and logic chip supply chain.
Headquarters: Cheonan, South Korea · Founded: 2000 · Employees: 584
Size SFA Semicon (036540.KS) is a South Korea Information Technology company (Semiconductors) with a market value of $728M, the 279th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩6,030 on 6 Nov 2026.
Performance Over six months the shares fell 27.4%, against -33.1% for the median peer and -24.5% for the South Korea market (cap-weighted) — 10th highest of 20 in its peer set.
Growth Revenue grew 37.2% over the last twelve months (peer median +28.1%); the operating margin is -4.3% (peer median 0.3%).
Valuation It trades at 2.2× enterprise value to sales against a peer median of 5.2× (6th cheapest of 21).
Capital Return on invested capital runs 12.6 points below its cost of capital (9.6% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₩450B | ₩367B | ₩400B | ₩417B | ₩699B |
| Revenue growth | — | -8% | -4% | -40% | — |
| Gross profit | -₩3.96B | -₩6.34B | ₩12.1B | -₩957M | ₩78.8B |
| EBITDA | ₩19.7B | ₩19.5B | ₩45.4B | ₩32.3B | ₩107B |
| Net income | -₩10.3B | -₩19.0B | ₩7.06B | -₩12.9B | ₩42.9B |
| Free cash flow | -₩33.5B | -₩16.2B | ₩16.6B | ₩9.17B | ₩41.1B |
| Capital expenditure | ₩33.9B | ₩22.1B | ₩36.6B | ₩27.2B | ₩55.2B |
| Total debt | ₩39.0B | ₩32.7B | ₩95.3B | ₩96.2B | ₩121B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| SFA Semicon 036540.KS | $728M | -27% | +37% | -4% | 2.2× | n/a |
| Amkor Technology AMKR | $8.13B | -57% | +16% | 10% | 1.1× | n/a |
| Ase Technology 3711.TW | $70.4B | +2% | +25% | 11% | 3.4× | n/a |
| JCET 600584.SS | $14.1B | +15% | +4% | 6% | 2.6× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 036540.KS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -46.8% | -15.8% | lowest of 21 |
| 6-month return | -27.4% | -33.1% | 10th highest of 20 |
| Distance from 52-week high | -51.2% | -57.3% | 8th highest of 21 |
| Revenue growth (TTM) | +37.2% | +28.1% | 8th highest of 21 |
| Operating margin | -4.3% | 0.3% | 9th lowest of 21 |
| EV / Sales | 2.2× | 5.2× | 6th cheapest of 21 |
| ROIC minus cost of capital | -12.6 pp | -6.7 pp | 6th lowest of 20 |
| Net debt / EBITDA | -0.9× | 2.2× | 3rd least indebted of 8 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| SFA Semicon 036540.KS | South Korea | $728M | -27% | +37% | -4% | 2.2× | n/a | n/a |
| Yuneng Technology 688348.SS | China | $729M | -39% | -40% | -58% | 5.6× | n/a | n/a |
| Changzhou Galaxy Century Microelectronics 688689.SS | China | $723M | -9% | +29% | 11% | 3.1× | n/a | n/a |
| Changzhou Shichuang Energy 688429.SS | China | $733M | -13% | +30% | -38% | 5.7× | n/a | n/a |
| Alpha and Omega Semiconductor L AOSL | United States | $716M | -38% | -2% | -6% | 0.8× | n/a | n/a |
| Zhejiang MTCN Technology 003026.SZ | China | $742M | -24% | +29% | 17% | 9.5× | 30.7% | +9.5% |
| Hd Hyundai Energy Solutions 322000.KS | South Korea | $714M | -63% | +39% | 16% | 1.5× | 3.2% | +4.5% |
| X-FAB Silicon Foundries XFAB.PA | France | $709M | -38% | -8% | 2% | 1.3× | n/a | n/a |
| Xinte Energy 1799.HK | Hong Kong | $707M | -41% | +12% | -6% | 1.8× | n/a | n/a |
| Canadian Solar CSIQ | United States | $755M | -45% | -16% | -2% | 1.7× | n/a | n/a |
| Lingda 300125.SZ | China | $702M | -26% | +54% | -102% | 26.2× | n/a | n/a |
| Myson Century 5314.TWO | Taiwan | $759M | -39% | +235% | 19% | 5.9× | 9.2% | +172.5% |
| Shenzhen Sunmoon Microelectronics 688699.SS | China | $698M | -24% | +50% | 9% | 4.9× | 30.7% | +4.9% |
| RFHIC 218410.KS | South Korea | $697M | -61% | +46% | 19% | 4.3× | 16.1% | +21.4% |
| CEVA CEVA | United States | $763M | -27% | +9% | -10% | 4.8× | n/a | n/a |
| Tech Semiconductors 300046.SZ | China | $766M | -33% | +27% | 8% | 9.2× | 45.7% | -1.6% |
| Aeva Technologies AEVA | United States | $767M | -34% | +56% | -611% | 33.4× | n/a | n/a |
| UniTTEC 000925.SZ | China | $688M | -24% | +18% | 3% | 2.9× | n/a | n/a |
| Talant Optronics (suzhou) 301045.SZ | China | $683M | -15% | -10% | 3% | 8.4× | n/a | n/a |
| Foshan Blue Rocket Electronics 301348.SZ | China | $681M | -24% | +22% | -2% | 5.8× | n/a | n/a |
| SENASIC Electronics Technology 6675.HK | Hong Kong | $779M | n/a | +45% | -11% | 8.4× | n/a | n/a |