Robotis looks to new Uzbekistan factory amidst favorable Chinese humanoid market... Isu Petasis expected to see improved profitability [Stock Topia]

The Robotis AI Walker, a physical AI robot, is demonstrating at the kick-off meeting for the Physical AI Leading Technology Development Project held at LG Science Park in Magok, Seoul on the 9th. /Photo = Newsis [Financial News] Here is a summary of reports from major securities firms for the morning of August 19.
Robotis, a company specializing in robot actuators, has seen its target share price raised, along with an assessment that its revenue is growing rapidly due to the benefits of the rapid growth of the Chinese humanoid market.
Although the target share price for Isu Petasis, a manufacturer of high-specification printed circuit boards (PCBs), has been lowered, forecasts suggest that profitability improvements will begin in earnest from the second half of the year due to price hikes and an increased proportion of high-specification products.
GS E&C's target share price has been significantly raised, reflecting expectations for the East Sea AI data center in addition to the recovery of housing profitability.
The Robotis AI Walker, a physical AI robot, is demonstrating at the kick-off meeting for the Physical AI Leading Technology Development Project held at LG Science Park in Magok, Seoul on the 9th. /Photo = Newsis [Financial News] Here is a summary of reports from major securities firms for the morning of August 19.The Robotis AI Walker, a physical AI robot, is demonstrating at the kick-off meeting for the Physical AI Leading Technology Development Project held at LG Science Park in Magok, Seoul on the 9th. /Photo = Newsis [Financial News] Here is a summary of reports from major securities firms for the morning of August 19.The most notable change is sales in China.2 billion won, 8%).The growth rate in China, which increased by 180% year-on-year, is particularly notable.
" She added, "This is the result of diversifying actuator supply to various applications and customer groups, including not only humanoids but also leader arms and dextrous hands.
" Seo assessed, "Chinese humanoid companies accounted for 97% of global humanoid shipments in the first half of the year," noting, "It is positive that the company can secure volume in a short period and build references for global companies through rapidly growing Chinese customers.
" Second-quarter performance also supported this.
4 billion won, and the company successfully turned a profit with an operating income of 2 billion won.
The results of infrastructure investments, such as the production subsidiary in Uzbekistan and the data factory, are expected to become visible starting early next year.
Researcher Seo assessed 2028, when the effects of the expansion of the new factory in Uzbekistan will be fully reflected, as the first year of full-scale profit generation.※ Actuator It is a component that receives electrical signals to create actual movement and corresponds to the 'joints and muscles' of a robot.It accounts for the largest share of humanoid manufacturing costs.
The Robotis AI Walker, a physical AI robot, is demonstrating at the kick-off meeting for the Physical AI Leading Technology Development Project held at LG Science Park in Magok, Seoul on the 9th. /Photo = Newsis [Financial News] Here is a summary of reports from major securities firms for the morning of August 19.The Robotis AI Walker, a physical AI robot, is demonstrating at the kick-off meeting for the Physical AI Leading Technology Development Project held at LG Science Park in Magok, Seoul on the 9th. /Photo = Newsis [Financial News] Here is a summary of reports from major securities firms for the morning of August 19.The most notable change is sales in China.However, the target price was lowered to 170,000 KRW as the applied multiple was changed to the industry average.After attending a recent investor presentation, NH Investment & Securities Analyst Hwang Ji-hyun predicted that "the effects of price hikes and product mix improvements will begin in earnest after the second quarter.
" The company explained that the operating profit margin (OPM) is expected to remain above 20% as selling prices, set to increase by approximately 15% starting in the second quarter, are reflected sequentially from August to October.
The expansion of the proportion of high-value-added products, such as multi-layer laminates (high-specification substrates stacked with multiple layers), is also cited as a factor in improving profitability.
Although the target date for achieving a 50% sales share of multi-layer laminates was initially pushed back from the second quarter of this year to the first quarter of next year, the company expects the effect of the selling price hikes to offset this.
Second-quarter results also met market expectations for both revenue and operating profit.
In the mid-to-long term, expansion for the production of High Detail Interconnect (HDI) printed circuit boards is also underway.
Equipment originally planned for the existing Plant 5 is being moved to Plant 6, while Plant 5 is being filled with dedicated HDI facilities, and investment in Plant 7 is also being considered.We are also continuing to secure new clients, and we plan to supply switch boards to cloud company A starting from the end of the year.※ High Density Interconnection (HDI) It is a high-performance printed circuit board (PCB) with more circuits densely engraved into a small area.
The Robotis AI Walker, a physical AI robot, is demonstrating at the kick-off meeting for the Physical AI Leading Technology Development Project held at LG Science Park in Magok, Seoul on the 9th. /Photo = Newsis [Financial News] Here is a summary of reports from major securities firms for the morning of August 19.The Robotis AI Walker, a physical AI robot, is demonstrating at the kick-off meeting for the Physical AI Leading Technology Development Project held at LG Science Park in Magok, Seoul on the 9th. /Photo = Newsis [Financial News] Here is a summary of reports from major securities firms for the morning of August 19.The most notable change is sales in China.2%, from 36,000 won) | Previous Day's Closing Price: 34,150 won Daishin Securities raised its target price for GS E&C to 44,000 won, citing the recovery in housing profitability and the growth potential of its data center and nuclear power businesses.Daishin Securities Analyst Lee Hye-jin stated, "Current estimates do not reflect orders and earnings related to the East Sea AI Data Center; however, there is a possibility of upward revisions to profit estimates and a revaluation of valuation once the business materializes and initial contracts become visible in the future," adding, "We present it as a second-best pick within the construction sector.
" This means there is room for further upward revision if the order for the Donghae AI data center, which has not yet been reflected, becomes a reality.
The expansion of the proportion of high-value-added products, such as multi-layer laminates (high-specification substrates stacked with multiple layers), is also cited as a factor in improving profitability.
The analyst assessed that GS E&C holds the highest number of domestic data center references, totaling 20 projects and 700 megawatts (MW), including Xi C&A.
"Data centers are characterized by short construction periods of 2 to 3 years, allowing for rapid revenue generation after securing an order.
The company has secured the capability to execute large-scale AI data centers based on the accumulated references of GS E&C and Xi C&A," the analyst emphasized.
The Robotis AI Walker, a physical AI robot, is demonstrating at the kick-off meeting for the Physical AI Leading Technology Development Project held at LG Science Park in Magok, Seoul on the 9th. /Photo = Newsis [Financial News] Here is a summary of reports from major securities firms for the morning of August 19.The Robotis AI Walker, a physical AI robot, is demonstrating at the kick-off meeting for the Physical AI Leading Technology Development Project held at LG Science Park in Magok, Seoul on the 9th. /Photo = Newsis [Financial News] Here is a summary of reports from major securities firms for the morning of August 19.
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