# If EcoPro BM moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/ecopro-bm · Facet: ripple · Updated: 2026-10-09T13:13:06.366+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, EcoPro BM is directly linked to 5 companies (2 supply, 2 revenue, 1 investment relationships) and reaches 10 companies within two hops; the links are backed by 8 dated sources, 2 of them primary filings (as of 2026-10-09).

EcoPro BM operates across High-nickel NCA and NCM cathodes. After +77.1% in 2025, it gave back -54.3% in 2026. The demand side (avg +32%) is well ahead of the stock (-54.3%). Customer money has not fully worked its way down to this layer, which leaves catch-up room if propagation continues and a hardened gap if it stalls. Among connected nodes the furthest ahead is Samsung SDI (+40.5%) and the furthest behind is EcoPro Materials (-46.9%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. The return to KRW 20.9 billion of operating profit in Q1 2026, Europe and non-EV recovery, and the Hungary localization ramp are the conditions for a late-cycle rebound.

## Demand chain (leading)
- T1 Samsung SDI (https://valuechain.wiki/samsung-sdi.md)
- T2 Tesla (https://valuechain.wiki/tesla.md)
- T3 PG&E Corporation (https://valuechain.wiki/pg-e.md)
- T3 Edison International (https://valuechain.wiki/edison-international.md)
- T2 General Motors (https://valuechain.wiki/general-motors.md)
- T1 SK Innovation (SK On) (https://valuechain.wiki/sk-innovation.md)
- T2 Nissan Motor (https://valuechain.wiki/nissan-motor.md)
- T2 Hyundai Motor Company (https://valuechain.wiki/hyundai-motor-company.md)
- T2 Ford Motor Company (https://valuechain.wiki/ford-motor-company.md)
- T3 Ecolab Inc. (https://valuechain.wiki/ecolab.md)
- T3 United Rentals (https://valuechain.wiki/united-rentals.md)

## Supply chain (benefiting)
- T1 EcoPro Materials (https://valuechain.wiki/ecopro-materials.md)
- T2 Ecopro (https://valuechain.wiki/ecopro.md)
- T3 Ecopro HN (https://valuechain.wiki/ecopro-hn.md)

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Full node: https://valuechain.wiki/ecopro-bm.md · JSON: https://valuechain.wiki/ecopro-bm.json