NC Corp

NC Corp maintains a conservative capital structure with a debt-to-equity ratio of 0.11 and a current ratio of 3.53, indicating strong short-term liquidity coverage. The balance sheet shows total assets of 4.33 trillion KRW against total liabilities of 968 billion KRW, resulting in total equity of 3.36 trillion KRW. Cash and equivalents stand at 503.5 billion KRW, while long-term debt is 357 billion KRW. The company generates positive free cash flow of 299.6 billion KRW, supported by operating cash flow of 161.9 billion KRW and capital expenditures of -115.0 billion KRW.

Profitability metrics show a return on equity of 13.6% and a return on assets of 10.56%. The company reports a net income of 346.6 billion KRW on revenue of 1.51 trillion KRW, yielding a net margin of approximately 23%. Gross profit is 1.50 trillion KRW, indicating a gross margin near 99.7%, which is characteristic of asset-light entertainment or licensing models. Operating income is 12.8 billion KRW, suggesting significant non-operating income or tax benefits contributing to the higher net income figure.

Segment and geographic data are not provided in the available input, preventing a detailed analysis of revenue concentration or regional exposure. The company's business activity is broadly classified as Entertainment, but specific product lines or customer bases are not disclosed in the current dataset.

Growth trajectory analysis is limited due to the absence of historical period data in the input. The current financial snapshot provides a single-period view, preventing year-over-year or quarter-over-quarter trend analysis. Revenue stands at 1.51 trillion KRW for the latest normalized period.

Risk assessment indicates low liquidity risk and low dilution risk. No immediate filing-based liquidity or dilution flags were detected. The shares outstanding basic and diluted counts are identical at 19.39 million, suggesting no significant dilutive securities are currently in the money or expected to be issued in the near term.

Recent news observations highlight a relationship trigger with 000063.SZ, identified as a supplier, linked to a headline regarding Telecel Zimbabwe offering a $0.50 buyout to shareholders in a restructuring push. This event appears to be an external relationship mapping rather than a direct operational event for NC Corp. Analyst estimates show a mean price target of 350,095 KRW and a median of 360,000 KRW, with a mean recommendation of 1.83, indicating a bullish consensus among 27 analysts (8 strong buy, 19 buy, 3 hold).

Free cash flow surged 599.5% year-over-year to 299.6 billion KRW, demonstrating exceptional cash generation capability.

Net income jumped 268% to 346.7 billion KRW, significantly outpacing the 4.5% revenue decline.

Analysts project 58.6% upside to a mean price target of 358,333 KRW, signaling strong market confidence.

Operating income turned negative in FY-1, highlighting significant volatility and operational instability in recent periods.

Cash conversion ratio of 0.35 is significantly below the cohort median of 1.2, indicating poor cash retention.

Revenue KRW 557.38B, +54,7% YoY; Operating income +1 809,4% YoY.

• ▍Revenue KRW 557.38B, +54,7% YoY
• ▍Operating income +1 809,4% YoY
• ▍Net income +294,0% YoY
• ▍Free cash flow +189,6% YoY
• ▍Net margin 26.7%

Revenue KRW 404.22B, −1,3% YoY; Operating income +99,9% YoY.

• ▍Revenue KRW 404.22B, −1,3% YoY
• ▍Operating income +99,9% YoY
• ▍Net income +68,1% YoY
• ▍Free cash flow +10,1% YoY
• ▍Net margin -0.6%

Revenue KRW 360.04B, −10,4% YoY; Operating income +44,9% YoY.

• ▍Revenue KRW 360.04B, −10,4% YoY
• ▍Operating income +44,9% YoY
• ▍Net income +1 408,3% YoY
• ▍Free cash flow +2 372,0% YoY
• ▍Net margin 96.3%

Revenue KRW 382.39B, +3,7% YoY; Operating income +66,3% YoY.

• ▍Revenue KRW 382.39B, +3,7% YoY
• ▍Operating income +66,3% YoY
• ▍Net income −149,9% YoY
• ▍Free cash flow −2 330,0% YoY
• ▍Net margin -9.3%

Revenue KRW 360.28B; Operating income KRW 5.93B.

• ▍Revenue KRW 360.28B
• ▍Operating income KRW 5.93B
• ▍Net margin 10.5%

Revenue KRW 409.41B; Operating income -KRW 129.42B.

• ▍Revenue KRW 409.41B
• ▍Operating income -KRW 129.42B
• ▍Net margin -1.8%

Revenue KRW 401.94B; Operating income -KRW 14.30B.

• ▍Revenue KRW 401.94B
• ▍Operating income -KRW 14.30B
• ▍Net margin -6.6%

Revenue KRW 368.87B; Operating income KRW 8.99B.

• ▍Revenue KRW 368.87B
• ▍Operating income KRW 8.99B
• ▍Net margin 19.2%

Revenue KRW 1.51T, −4,5% YoY; Operating income +112,5% YoY.

• ▍Revenue KRW 1.51T, −4,5% YoY
• ▍Operating income +112,5% YoY
• ▍Net income +268,0% YoY
• ▍Free cash flow +599,5% YoY
• ▍Net margin 23.0%

Revenue KRW 1.58T, −11,3% YoY; Operating income −187,0% YoY.

• ▍Revenue KRW 1.58T, −11,3% YoY
• ▍Operating income −187,0% YoY
• ▍Net income −55,6% YoY
• ▍Free cash flow +46,6% YoY
• ▍Net margin 6.0%

Revenue KRW 1.78T, −30,8% YoY; Operating income −78,8% YoY.

• ▍Revenue KRW 1.78T, −30,8% YoY
• ▍Operating income −78,8% YoY
• ▍Net income −51,3% YoY
• ▍Free cash flow −82,7% YoY
• ▍Net margin 11.9%

Revenue KRW 2.57T, +11,4% YoY; Operating income +43,6% YoY.

• ▍Revenue KRW 2.57T, +11,4% YoY
• ▍Operating income +43,6% YoY
• ▍Net income +9,8% YoY
• ▍Free cash flow +634,0% YoY
• ▍Net margin 16.9%