[Featured Stock] Nexthin Rises 4.27% on Expectations of Full-Scale New Equipment Sales

The stock price of Nextin, which is expected to see full-scale sales of new equipment this year, is on the rise.

As of 10:52 AM on the 8th, Nextin was trading at 53,700 KRW, up 2,200 KRW (4.27%) from the previous trading day.

On the same day, Sangwook Park, a researcher at Shin Young Securities, said about Nextin, "The 12-month forward price-to-earnings ratio (PER) is 10.8 times, near a historical low," adding, "Sales of Croquis, an inspection device for high-bandwidth memory (HBM), will begin in earnest this year. Croquis was developed at the request of major domestic clients, and the purchase conversion was made last month."

This year, Croquis is expected to account for 23% of Nextin's total sales, and with the resolution of the exclusive supply contract issue with major clients, external growth through securing new clients is anticipated.

Researcher Park stated, "Nextin's sales proportion in China is expected to drop from 89% last year to 65% this year," but also noted, "due to the launch of new equipment such as Croquis and Iris, a 3D NAND inspection device, the domestic sales proportion is expected to rise. The decrease in the proportion of sales in China will rather act to resolve the valuation (stock price level relative to corporate value) discount," he added.

This content was produced with the assistance of AI translation services.