Chonbang Co Ltd

Chonbang Co Ltd exhibits a strong liquidity position, with a current ratio of 43.07, indicating a significant excess of current assets over current liabilities. The company's liquidity_fpt metric shows a net cash position of 227,496,489,480 KRW, driven by a total equity of 227,496,489,480 KRW and minimal long-term debt of 143,461,850 KRW. However, the company's operating cash flow is negative at -8,523,380,540 KRW, suggesting operational cash generation is currently under pressure [doc:HA-latest]. Profitability metrics reveal a mixed picture. The company's return on equity (ROE) is 0.131, and return on assets (ROA) is 0.1256, both above the typical thresholds for the Textiles & Leather Goods industry. However, the gross profit is negative at -3,084,369,340 KRW, and operating income is also negative at -7,314,924,670 KRW, indicating significant cost pressures and margin compression [doc:HA-latest]. The company's revenue is primarily derived from domestic and overseas markets, though the exact geographic breakdown is not disclosed. The lack of segment-specific revenue data limits the ability to assess geographic diversification. The company's exposure to global demand for textile products may be a key factor in its revenue stability, particularly given the cyclical nature of the industry [doc:HA-latest]. Looking ahead, the company's revenue outlook is uncertain. The most recent actual revenue was 225,977,000,000 KRW, a significant decline from the 40,776,456,000 KRW reported in the latest financial snapshot. This suggests a potential contraction in sales, which could be driven by macroeconomic headwinds or industry-specific challenges. The company's free cash flow of 29,328,872,510 KRW provides some buffer, but the negative operating cash flow raises concerns about long-term sustainability [doc:HA-latest]. Risk factors include liquidity risk, as the company's net cash is negative after subtracting total debt, and the negative operating cash flow could strain short-term liquidity. The dilution risk is currently low, with no significant dilution potential identified in the basic shares outstanding. However, the company's capital expenditure of -623,170,260 KRW suggests ongoing investment in operations, which could impact future cash flow [doc:HA-latest]. Recent events include the latest actual EPS of -27,845.00 KRW and revenue of 225,977,000,000 KRW, both of which indicate a challenging earnings environment. The company's ability to reverse its negative operating income and restore gross profit margins will be critical to its future performance [doc:, doc:].