095610
테스
Source: dsi_quarterly · analyst_consensus (internal DB). DSI from quarterly filings; consensus as of collection.
Suppliers
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TES
Customers
Competitors
Notes
TES is a Korean front-end semiconductor equipment maker historically tied to SK Hynix, with core products in PECVD, dry etch, and gas-phase cleaning, primarily exposed to NAND capex cycles. Revenue is highly cyclical and concentrated in a small number of domestic memory customers, making it sensitive to SK Hynix and Samsung NAND investment decisions.
The company signed a single supply contract worth KRW 21.2 billion to provide semiconductor manufacturing equipment to SK hynix. The deal represents 6.04% of the company's most recent annual revenue (KRW 351.1 billion), making it a meaningful order. Payment terms are 90% on equipment delivery (FOB) and 10% after setup completion, with the contract running from June 4, 2026 through January 15, 2027. SK hynix is a recurring customer, having executed similar contracts with the company within the past three years.
The company signed a single supply contract to deliver semiconductor manufacturing equipment to SK Hynix for KRW 21.534 billion (excluding VAT), equivalent to about 6.13% of its most recent annual revenue. The contract runs from May 20, 2026 to January 11, 2027, with payment structured as 90% on equipment delivery (FOB) and 10% after setup completion. No down payment is involved, and the company has a track record of similar contracts with SK Hynix over the past three years. The deal reinforces the company's position as a key equipment supplier to SK Hynix amid ongoing memory capex.
TES will hold a Non-Deal Roadshow (NDR) targeting domestic institutional investors in Seoul on May 19–20, 2026, from 09:00 to 17:00. The event is sponsored by Hana Securities and focuses on updating participants on the company's Q1 2026 business performance and current management status. A question-and-answer session will be included. IR materials have been made available as of May 18, 2026, on both the KRX KIND system and the company's official website.
TES reported strong Q1 2026 results with consolidated revenue of KRW 97.2 billion, operating profit of KRW 22.2 billion, and net income of KRW 24.6 billion. Semiconductor front-end equipment (primarily PECVD and Gas Phase Etch & Cleaning tools) accounted for over 99% of revenue, with the remaining 1% from display and UVC LED equipment. Domestic sales dominated at 96% versus 4% overseas, indicating continued heavy reliance on Korean chipmakers (Samsung, SK hynix). At the March 2026 AGM, Joo Jae-young was newly appointed as co-CEO alongside re-appointed Lee Jae-ho, while Joo Soong-il was re-elected as inside director and named Chairman of the Board. The report otherwise references the 2025 annual report for company overview, capital, and share information.