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LIVE · 10:12 UTC
Companies/Consumer Discretionary/052300
052300$1741.0056

Ocean In W Co Ltd

Construction Supplies & FixturesVerified
Score breakdown
Valuation+16Sentiment+21Risk penalty-3Missing signals-1
Quality breakdown
Key fields100Profile38Conclusion96AI synthesis40Observations3

Ocean In W Co Ltd exhibits a weak capital structure and liquidity position, with a price-to-book ratio of 0.11 and a negative operating cash flow of -1.59 billion KRW. The company's current ratio of 3.45 suggests adequate short-term liquidity, but its free cash flow of -18.84 billion KRW indicates significant cash outflows [doc:HA-latest]. The debt-to-equity ratio of 0.14 implies a relatively low leverage position, but the negative net income of -19.09 billion KRW raises concerns about its ability to service debt [doc:HA-latest]. Profitability metrics are severely underperforming relative to industry norms. The company's return on equity of -7.23% and return on assets of -5.09% indicate substantial underperformance. Gross profit of 20.23 billion KRW on revenue of 75.70 billion KRW yields a gross margin of 26.72%, which is below the typical margin for construction supplies firms. The operating loss of 2.51 billion KRW further highlights operational inefficiencies [doc:HA-latest]. The company's revenue is distributed across three segments: Glass, Real Estate, and Investment. While the Glass segment is the primary revenue driver, the Real Estate and Investment segments contribute to diversification. However, the financial snapshot does not provide specific revenue breakdowns by segment, making it difficult to assess concentration risk [doc:HA-latest]. Growth trajectory is negative, with the company reporting a net loss of 19.09 billion KRW. The outlook for the current fiscal year is uncertain, and there is no indication of improvement in the next fiscal year. The company's capital expenditure of -160.38 million KRW suggests minimal investment in growth initiatives [doc:HA-latest]. Risk factors include liquidity constraints, as the company has a negative net cash position after subtracting total debt. The risk assessment indicates a medium liquidity risk and a low dilution risk. The company's negative operating cash flow and free cash flow exacerbate liquidity concerns [doc:HA-latest]. Recent events and filings do not provide specific details on strategic initiatives or operational changes. The company's financial performance suggests a need for restructuring or cost optimization to improve profitability and cash flow [doc:HA-latest].

Profile
CompanyOcean In W Co Ltd
Ticker052300.KQ
SectorConsumer Cyclicals
BusinessCyclical Consumer Products
Industry groupCyclical Consumer Products
IndustryConstruction Supplies & Fixtures
AI analysis

Business. Ocean In W Co Ltd is a Korea-based company primarily engaged in the sale of plate glass, operating through three segments: Glass, Real Estate, and Investment [doc:HA-latest].

Classification. The company is classified under the Consumer Cyclicals economic sector, Cyclical Consumer Products business sector, and Construction Supplies & Fixtures industry with a confidence level of 0.92 [doc:verified market data].

Ocean In W Co Ltd exhibits a weak capital structure and liquidity position, with a price-to-book ratio of 0.11 and a negative operating cash flow of -1.59 billion KRW. The company's current ratio of 3.45 suggests adequate short-term liquidity, but its free cash flow of -18.84 billion KRW indicates significant cash outflows [doc:HA-latest]. The debt-to-equity ratio of 0.14 implies a relatively low leverage position, but the negative net income of -19.09 billion KRW raises concerns about its ability to service debt [doc:HA-latest]. Profitability metrics are severely underperforming relative to industry norms. The company's return on equity of -7.23% and return on assets of -5.09% indicate substantial underperformance. Gross profit of 20.23 billion KRW on revenue of 75.70 billion KRW yields a gross margin of 26.72%, which is below the typical margin for construction supplies firms. The operating loss of 2.51 billion KRW further highlights operational inefficiencies [doc:HA-latest]. The company's revenue is distributed across three segments: Glass, Real Estate, and Investment. While the Glass segment is the primary revenue driver, the Real Estate and Investment segments contribute to diversification. However, the financial snapshot does not provide specific revenue breakdowns by segment, making it difficult to assess concentration risk [doc:HA-latest]. Growth trajectory is negative, with the company reporting a net loss of 19.09 billion KRW. The outlook for the current fiscal year is uncertain, and there is no indication of improvement in the next fiscal year. The company's capital expenditure of -160.38 million KRW suggests minimal investment in growth initiatives [doc:HA-latest]. Risk factors include liquidity constraints, as the company has a negative net cash position after subtracting total debt. The risk assessment indicates a medium liquidity risk and a low dilution risk. The company's negative operating cash flow and free cash flow exacerbate liquidity concerns [doc:HA-latest]. Recent events and filings do not provide specific details on strategic initiatives or operational changes. The company's financial performance suggests a need for restructuring or cost optimization to improve profitability and cash flow [doc:HA-latest].
Key takeaways
  • Ocean In W Co Ltd is experiencing significant financial distress, with a net loss of 19.09 billion KRW and negative operating and free cash flows.
  • The company's return on equity and return on assets are negative, indicating poor profitability and asset utilization.
  • The Glass segment is the primary revenue driver, but the lack of segment-specific revenue data limits the assessment of diversification.
  • The company's liquidity position is weak, with a negative net cash position after subtracting total debt.
  • There is no indication of near-term growth initiatives, as evidenced by minimal capital expenditure.
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  • ## RATIONALES
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Financial snapshot
PeriodHA-latest
CurrencyKRW
Revenue$7.57B
Gross profit$2.02B
Operating income-$2.51B
Net income-$19.09B
R&D—
SG&A—
D&A—
SBC—
Operating cash flow-$1.59B
CapEx-$160.4M
Free cash flow-$18.84B
Total assets$375.19B
Total liabilities$111.29B
Total equity$263.90B
Cash & equivalents$29.24B
Long-term debt$37.11B
Annual history (last 5)
PeriodRevenueOp IncomeNet IncomeFCF
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PeriodOCFCapExFCFSBC
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Quarterly history (last 4)
PeriodRevenueOp IncomeNet IncomeFCF
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PeriodGross %Op %Net %FCF %
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PeriodAssetsEquityCashDebt
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PeriodOCFCapExFCFSBC
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Valuation
Market price$1741.00
Market cap$28.28B
Enterprise value$36.15B
P/E—
Reported non-GAAP P/E—
EV/Revenue4.8
EV/Op income—
EV/OCF—
P/B0.1
P/Tangible book0.1
Tangible book$263.90B
Net cash-$7.87B
Current ratio3.5
Debt/Equity0.1
ROA-5.1%
ROE-7.2%
Cash conversion8.0%
CapEx/Revenue-2.1%
SBC/Revenue—
Asset intensity—
Dilution ratio0.0%
Risk assessment
Dilution riskLow
Liquidity riskMedium
  • Net cash is negative after subtracting total debt.
Industry benchmarks
Activity: Construction Supplies & Fixtures · cohort 3 companies
Metric052300Activity
Op margin-33.1%3.2% medp25 1.3% · p75 7.6%bottom quartile
Net margin-252.2%-1.0% medp25 -4.4% · p75 5.3%bottom quartile
Gross margin26.7%28.1% medp25 25.5% · p75 37.0%below median
R&D / revenue—1.0% medp25 0.7% · p75 1.2%
CapEx / revenue-2.1%3.8% medp25 1.9% · p75 5.3%bottom quartile
Debt / equity14.0%31.5% medp25 26.5% · p75 76.6%bottom quartile
Source data
Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.
Company fundamentalsperiod FQ-7 · history via verified-market-data
no public URL
2026-05-04 07:36 UTC#e22c6c3d
Market quoteclose KRW 1741.00 · shares 0.02B diluted
no public URL
2026-05-04 07:36 UTC#144a2b35
Source: analysis-pipeline (hybrid)Generated: 2026-05-04 07:38 UTCJob: 77f8f03f