Industry Sales:

• Battery materials: approx. 70%
• Chemicals: approx. 20%
• Other: approx. 10%

TOP 3 Markets and their Percentage Shares:

• South Korea: approx. 40%
• China: approx. 30%
• USA: approx. 15%

EcoPro BM Co., Ltd. is mainly active in the field of battery materials, which accounts for the majority of its revenue. This specialization is due to the increasing demand for lithium-ion batteries, especially in the field of electromobility.

The South Korean market remains the largest single market for the company, followed by China, which also has a significant share of revenue due to its large production capacities and demand for electric vehicles. The U.S. market is growing steadily as the demand for sustainable energy solutions is also increasing there.

Production Sites: South Korea, China

EcoPro BM Co., Ltd. is a leading company in the manufacturing of cathode materials for lithium-ion batteries. The company's main production facilities are located in South Korea, where it develops and produces its core technologies. In addition, EcoPro BM has expanded its production capacities in China to meet the increasing demand in the Asian market.

This strategic distribution of production sites enables the company to optimize production costs and shorten delivery times to meet the requirements of global customers.

Revenue Growth: Estimated 18% (2024)
Research & Development Investments: 10% of revenue (2024)

EcoPro BM Co., Ltd. is focusing on expanding its production capacities and developing new technologies in the field of battery materials, especially for electric vehicles. The company is investing significantly in research and development to expand its product range and improve the efficiency of its materials.

Another strategic focus is on tapping into new markets, especially in Europe and North America, to benefit from the increasing demand for electric vehicles. EcoPro BM also plans strategic partnerships with leading automakers to strengthen its market position and secure long-term supply contracts.

Main raw materials: Nickel, cobalt, lithium

Countries of origin:

• Nickel: Indonesia, Philippines
• Cobalt: Democratic Republic of Congo, Canada
• Lithium: Australia, Chile

EcoPro BM Co., Ltd. is a leading manufacturer of cathode materials for lithium-ion batteries. The main raw materials imported by the company are nickel, cobalt, and lithium. These materials are crucial for the production of high-performance batteries used in electric vehicles and other applications.

Indonesia and the Philippines are the main suppliers of nickel as these countries have large nickel deposits. Cobalt is mainly imported from the Democratic Republic of Congo, which is the world's largest producer of this raw material. Canada serves as another important supplier. Lithium is primarily sourced from Australia and Chile, which are among the world's largest lithium producers.

By diversifying procurement sources, EcoPro BM aims to increase supply security and reduce dependence on individual markets.

Market Share: 22% (2024, estimated)
R&D Expenses: 8% of revenue (2024)
EBITDA Margin: 18% (2024)

EcoPro BM Co., Ltd. has a significant competitive advantage in the field of manufacturing cathode materials for lithium-ion batteries, particularly due to its strong market position and technological leadership. The company holds an estimated market share of 22%, making it one of the leading providers in this sector.

A key factor contributing to this competitive advantage is the continuous investment in research and development, accounting for approximately 8% of revenue. These investments enable EcoPro BM to develop innovative and efficient products that meet the requirements of the electric vehicle industry.

Furthermore, the solid EBITDA margin of 18% contributes to the financial stability and competitiveness of the company. This allows EcoPro BM to invest in new technologies and expand its production capacities to meet the increasing demand.

Institutional Investor Share: 35% (estimated for 2025)

Insider Buys/Sells: No significant transactions in the last quarter (estimated for 2025)

The institutional investor share in EcoPro BM Co., Ltd. is estimated to be around 35%. This indicates a strong interest from institutional investors in the company, which is often seen as a sign of confidence in the company's long-term development and stability.

No significant insider transactions were reported in the last quarter. This may suggest that the company's executives and insiders currently do not expect any significant changes in their assessment of the company's value.

Market share of EcoPro BM Co., Ltd.: 12% (2025, estimated)

Main competitors and their market shares:

1. LG Chem Ltd. - 18%
2. Samsung SDI Co., Ltd. - 16%
3. SK Innovation Co., Ltd. - 14%
4. EcoPro BM Co., Ltd. - 12%
5. Panasonic Corporation - 10%
6. CATL (Contemporary Amperex Technology Co. Limited) - 9%
7. BYD Company Limited - 8%
8. Tianqi Lithium Corporation - 7%
9. Albemarle Corporation - 6%
10. Ganfeng Lithium Co., Ltd. - 5%

EcoPro BM Co., Ltd.'s Economic Moat:

EcoPro BM Co., Ltd. has secured a significant market share through its specialization in the production of cathode materials for lithium-ion batteries. Their economic moat mainly consists of their technological expertise and the ability to produce high-performance materials at competitive prices. This is supported by strategic partnerships and a strong R&D department.

Compared to competitors like LG Chem and Samsung SDI, which also have strong R&D capabilities and extensive production facilities, EcoPro BM's economic moat is less pronounced. These companies often have an advantage due to their vertical integration and larger financial resources.

However, EcoPro BM has maintained a solid position in the market through its focus on specific niche markets and continuous improvement of product quality. Competition remains intense, and the ability to quickly adapt to technological changes and market requirements will be crucial for long-term success.

Revenue Growth: 18.5% (2024)
Profit Growth: 20.1% (2024)
Market Share in the Battery Industry: 12% (2024)

EcoPro BM Co., Ltd. recorded strong revenue growth of 18.5% in 2024, driven by increasing demand for battery materials, especially in the electric vehicle industry. The company has expanded its production capacities and formed new partnerships to strengthen its market position.

The profit growth of 20.1% during the same period indicates that EcoPro BM is not only able to increase its revenues but also operates efficiently and keeps costs under control. This positive development is supported by the growing importance of sustainable energy solutions and the global trend towards electrification.

With a 12% market share in the battery industry, EcoPro BM holds a solid position that allows the company to benefit from the growing demand for battery technologies. Strategic investments in research and development as well as the expansion of production capacities could lead to further competitive advantages in the long term.

Overall, these factors suggest that EcoPro BM Co., Ltd. could be a promising investment, especially for investors looking to participate in the growth story of the battery and electric vehicle industry.

Dividend payment: No dividend (as of 2025)

EcoPro BM Co., Ltd. has not paid any dividends in recent years. The company is heavily focused on growth and investments in research and development, particularly in the field of battery technology and sustainable materials.

The decision not to pay dividends can be seen as strategic in order to use capital for future expansion projects and innovations. Investors in EcoPro BM should take this into account and focus on long-term capital growth rather than short-term dividend returns.