2026 Q1 Earnings Decline, Lithium Business Launch and Shareholder Return Policy Continue


  • Consolidated Q1 2026 revenue: KRW 95.1 billion (YoY -15.9%), operating profit: KRW 16.9 billion (-36.0%), net profit: KRW 14.4 billion.
  • By segment: semiconductor package materials KRW 9.4 billion (+26.7%), OLED materials KRW 60.6 billion (-18.0%), circuit board materials KRW 25.0 billion (-21.0%).
  • Subsidiary Innox Lithium completed shipment of high-purity lithium hydroxide samples in Q1, full-scale production and supply to LX International began in Q2.
  • Consolidated debt-to-equity ratio improved to 97.04% (from 108.29% at end of 2025).
  • Value-up plan execution: annual cancellation of at least 200,000 treasury shares, total shareholder return rate of 20%, minimum dividend of KRW 250 per share.
  • As of end-Q1, treasury shares held: 711,960 shares (3.57% stake); 394,307 shares disposed due to exercise of exchange bond conversion rights.
  • R&D expenditure: KRW 5.3 billion (5.60% of sales), total patents: 269 (183 domestic, 86 overseas).
  • One major lawsuit pending (defendant, claim amount KRW 4.73 billion).

KOSDAQ Filing Information


  • Filing: Quarterly Report (2026.03)
  • Company: INNOX Advanced Materials (272290)
  • Submission: INNOX Advanced Materials Co., Ltd.
  • Receipt: 05-15-2026