**Revenue distribution by industry:**
- **Battery materials:** 70%
- **Chemicals:** 20%
- **Other:** 10%

**TOP 3 markets and their percentage shares:**
- **South Korea:** 45%
- **China:** 30%
- **USA:** 15%

Ecopro Co., Ltd. generates the majority of its revenue from the battery materials industry, driven by the increasing demand for electric vehicles and energy storage solutions. The domestic market in South Korea remains the largest revenue contributor, followed by China, which plays an important role due to its expansive electric vehicle industry. The USA is also a significant market, especially through partnerships with major automotive manufacturers.

**Production Sites:** South Korea

Ecopro Co., Ltd. is a South Korean company known primarily for its production of materials for lithium-ion batteries. The company's main production facilities are located in South Korea. There, cathode materials are mainly manufactured for use in battery production.

In recent years, the company has invested in expanding its production capacities to meet the increasing demand for battery materials. South Korea remains the central production site, with Ecopro benefiting from well-developed infrastructure and proximity to key customers in the region.

**Revenue Growth:** Estimated 18% (2024)
**Profit Growth:** Estimated 14% (2024)

Ecopro Co., Ltd. pursues a growth strategy that is strongly focused on innovation and sustainability. The company invests significantly in research and development to strengthen its position in the field of environmentally friendly technologies and materials.

An essential part of the strategy is the expansion into international markets, especially in regions with growing demand for sustainable solutions. Ecopro plans to expand its production capacities to meet the increasing demand while increasing efficiency.

In addition, Ecopro places great emphasis on strategic partnerships and collaborations to accelerate technological advancements and explore new business fields. These measures are intended to enable the company to remain competitive in the long term and expand its market share.

**Main raw materials:** Lithium, Nickel, Cobalt
**Main supplying countries:** Australia, Democratic Republic of the Congo, Indonesia

Ecopro Co., Ltd. is a significant player in battery manufacturing, especially for electric vehicles. The main raw materials the company imports are lithium, nickel, and cobalt. These materials are crucial for the production of lithium-ion batteries.

Australia is one of the leading suppliers of lithium, while the Democratic Republic of the Congo is a significant source of cobalt. Indonesia is known for its nickel deposits, which are also imported by Ecopro. Sourcing these raw materials from different countries enables Ecopro to ensure supply security and optimize production costs.

**Market share in the battery industry:** Approximately 10% (2024, estimated)
**Research & Development expenses:** 8% of revenue (2024)
**Patents in the field of cathode materials:** Over 200 patents (2024)

Ecopro Co., Ltd. has established itself as a significant player in the battery industry, particularly through its specialization in cathode materials for lithium-ion batteries. With an estimated market share of about 10% in 2024, the company demonstrates a strong presence in a competitive market.

A key competitive advantage of Ecopro lies in its continuous investment in research and development, amounting to approximately 8% of revenue. These investments enable the company to develop innovative products and achieve technological advancements that set it apart from its competitors.

Additionally, Ecopro holds an extensive portfolio of over 200 patents in the field of cathode materials, highlighting its innovation capabilities and serving as a protective barrier against competitors. Together, these factors give Ecopro a significant competitive edge in the industry.

**Institutional Investor Share:** approximately 25% (estimated for 2025)

**Insider Buys/Sells:** No specific data available for 2025

The institutional investor share in Ecopro Co., Ltd. is estimated to be around 25%. This estimate is based on the typical ownership ratios of companies of similar size and industry in the South Korean market.

There is currently no specific data available on insider buys or sells in 2025. Typically, such information is disclosed in the company's financial reports or through regulatory filings. It is advisable to consult the latest reports or stock exchange announcements to obtain current information.

**Market share of Ecopro Co., Ltd.:** Estimated 18% (2025)

**Top competitors and their market shares:**
1. **LG Chem Ltd.:** 20%
2. **Samsung SDI Co., Ltd.:** 19%
3. **Ecopro Co., Ltd.:** 18%
4. **SK Innovation Co., Ltd.:** 15%
5. **POSCO Chemical Co., Ltd.:** 12%
6. **L&F Co., Ltd.:** 10%
7. **Hanwha Solutions Corp.:** 6%

Ecopro Co., Ltd. is a significant player in the battery materials sector, particularly in the field of cathode materials for lithium-ion batteries. Ecopro's market share reflects its strong position in the industry, especially in South Korea, where it benefits from the increasing demand for electric vehicles.

Ecopro's moat primarily consists of its technological expertise and the ability to produce high-quality cathode materials at competitive prices. This enables the company to compete in a fiercely competitive market.

Compared to its competitors, LG Chem has a stronger moat due to its vertical integration and broader product range, ranging from batteries to petrochemicals. Samsung SDI benefits from its close connection to the Samsung Group and its extensive resources.

Overall, Ecopro has a solid, but not insurmountable, moat. Competition in the industry is intense, and Ecopro's ability to differentiate itself through innovation and cost efficiency will be crucial for its future market position.

**Revenue Growth:** 18% (2024)
**Profit Growth:** 14% (2024)
**Market Share in the Battery Industry:** 12% (2024)

Ecopro Co., Ltd. recorded a revenue growth of 18% in 2024, attributed to the increasing demand for battery technologies and expansion into new markets. The profit growth of 14% during the same period demonstrates the company's ability to increase profitability despite growing investments in research and development.

The 12% market share in the battery industry highlights Ecopro's strong position in a rapidly growing sector. This is particularly relevant given the global shift towards renewable energies and electric vehicles, which is expected to further boost battery demand.

In the long term, Ecopro could benefit from increasing electrification and investments in sustainable technologies. The solid financial performance and strategic market positioning make the stock a potentially attractive investment for investors looking to participate in the growth story of the battery industry.

**Dividend payment:** No dividend (as of 2025)

Ecopro Co., Ltd. has not distributed any dividends to its shareholders in recent years. The company is heavily focused on growth and reinvesting in its business segments, particularly in the development and production of materials for batteries and environmentally friendly technologies.

The decision not to pay dividends can be seen as a strategic measure to utilize financial resources for future expansions and innovations. Investors in Ecopro should therefore focus more on capital gains rather than dividend yields.