Revenue distribution by sectors:

• Defense electronics: approx. 60%
• Aerospace: approx. 25%
• Information and communication technology: approx. 15%

TOP 3 markets and their percentage shares:

• South Korea: approx. 70%
• Middle East: approx. 15%
• Southeast Asia: approx. 10%

LIG Nex1 Co., Ltd. is heavily involved in the defense electronics sector, which accounts for the largest share of its revenue. The domestic market of South Korea is the most significant, followed by exports to the Middle East and Southeast Asia. These markets benefit from strategic partnerships and the growing demand for advanced defense systems.

Production Sites: South Korea

LIG Nex1 Co., Ltd. mainly produces its products in South Korea. The company is known for its advanced technologies in the field of defense and security systems. The production facilities are located in various regions within South Korea to optimize the manufacturing of high-tech defense goods and electronic systems.

This strategic placement enables LIG Nex1 to efficiently respond to the requirements of the South Korean defense market while strengthening its export capabilities.

Revenue Growth: 10.5% (2024) Profit Growth: 8.9% (2024)

LIG Nex1 Co., Ltd. pursues a growth strategy that heavily emphasizes research and development (R&D) as well as international expansion. The company invests significantly in R&D to expand and enhance its product range in the defense technology sector. This includes in particular the development of advanced missile and radar systems.

In addition, LIG Nex1 aims to expand its international presence. This is achieved through entering new markets and strengthening existing partnerships with international governments and defense organizations. This strategy aims to reduce dependence on the domestic market and increase revenue growth through global contracts.

Another focus is on the digitization and automation of production processes to achieve efficiency gains and optimize cost structure. This is intended to further enhance the company's competitiveness in the global market.

Main raw materials: Electronic components, metals, composite materials
Countries of origin: USA, Japan, Germany, China

LIG Nex1 Co., Ltd., a leading company in the defense industry, imports a variety of raw materials and materials necessary for the production of their high-tech defense systems. These include electronic components and specialized metals required for the production of missiles, radar systems, and other defense technologies.

The USA and Japan are important suppliers of advanced electronic components and technologies. Germany provides high-quality metals and machinery needed in production. China is also a significant partner, especially for more cost-effective electronic components and raw materials. This international sourcing enables LIG Nex1 to manufacture high-quality products that meet global standards.

Market Share: Estimated at 25% in the South Korean defense sector (2025)

Research & Development (R&D) Expenses: 10% of revenue (2024)

LIG Nex1 Co., Ltd. has a significant competitive advantage in the South Korean defense sector. The company benefits from its strong position as one of the leading providers of defense technologies in South Korea.

A key factor for this competitive advantage is the continuous investment in research and development, which accounts for approximately 10% of revenue. These investments enable LIG Nex1 to develop innovative technologies and differentiate itself from competitors.

Additionally, the company has strategic partnerships and long-term contracts with the South Korean government, providing a stable source of income and another advantage over international competitors. The focus on technological innovation and the strong market position ensure LIG Nex1 a sustainable competitive advantage.

Institutional Investor Share: approximately 45% (estimated for 2025)

Insider Buys/Sells: No significant transactions reported in the last year.

The institutional investor share in LIG Nex1 Co., Ltd. is estimated to be around 45%. This reflects the confidence of institutional investors in the company's long-term prospects, especially given its stable market position in the defense sector.

No significant insider transactions were reported in 2025. This could indicate that the company's executives are satisfied with the current business performance and do not see the need for major adjustments to their holdings.

Market share of LIG Nex1 Co., Ltd.: 12% (2025, estimated)

Main competitors and their market shares:

1. Hanwha Aerospace Co., Ltd.: 18%
2. Korea Aerospace Industries, Ltd. (KAI): 15%
3. Hyundai Rotem Company: 10%
4. Samsung Techwin (now Hanwha Techwin): 9%
5. Poongsan Corporation: 8%

Moat of LIG Nex1 Co., Ltd.:

LIG Nex1 Co., Ltd. has established a solid moat through specialized technologies and a strong R&D department. The company benefits from long-term government contracts and a strong position in the defense electronics sector, especially in missile and radar technology.

Compared to competitors, Hanwha Aerospace has a broader moat due to its diversified product range and international partnerships. Korea Aerospace Industries is well-positioned in the aerospace sector and benefits from government support and exports, which also represent a significant moat.

Hyundai Rotem and Samsung Techwin (Hanwha Techwin) also have strong market positions, but they operate in more specific segments, which somewhat limits their moat compared to LIG Nex1.

Overall, LIG Nex1 has a significant advantage in certain niche areas, but the broader diversifications and international collaborations of competitors could be seen as stronger moats.

Revenue Growth: 10% (2024) EBITDA Margin: 12% (2024) Order Backlog: 5 billion USD (2024)

LIG Nex1 Co., Ltd. shows a solid revenue growth of 10% in 2024, indicating strong demand for their defense and electronics solutions. The EBITDA margin of 12% suggests an efficient cost structure and operational efficiency.

The order backlog of 5 billion USD strengthens future earnings stability and demonstrates customers' confidence in the company's products and services. This could indicate a positive trend in the coming years.

Additionally, LIG Nex1 benefits from the global increase in defense spending, further supporting growth potential. Given these factors, the stock could present an attractive investment opportunity, especially for investors interested in long-term growth.

Dividend yield: 1.5% (2024) Dividend history: Regular payouts over the last 5 years

LIG Nex1 Co., Ltd. has regularly distributed dividends in recent years, indicating a certain reliability in its distribution policy. The dividend yield was approximately 1.5% in 2024, which can be considered moderate compared to other companies in the industry.

The company has strived in the past to provide its shareholders with a stable return, as evidenced by the continuous payouts. However, analysts may evaluate the future dividend policy in the context of overall company performance and market developments.