Saeron Automotive Corp

Saeron Automotive Corp maintains a strong liquidity position, with a current ratio of 6.7, indicating a significant buffer of current assets over current liabilities. The company holds KRW 67,000,254,820 in cash and equivalents, which is a substantial portion of its total assets of KRW 260,214,086,740. The liquidity_fpt metric confirms that the firm is well-positioned to meet short-term obligations without relying on external financing.

Profitability metrics reveal a mixed picture. The company reported a net income of KRW 4,456,802,450 for the period, but its operating income was negative at KRW -736,297,270, indicating operational inefficiencies or cost overruns. Return on equity (ROE) stands at 1.91%, and return on assets (ROA) is 1.71%, both below the industry median for the automobile parts sector. These figures suggest that the company is not generating returns at a level that would be considered strong for its industry.

The company's revenue is concentrated in a single business segment, as disclosed in its financial statements, with no material geographic diversification reported. This lack of diversification increases exposure to regional economic downturns or supply chain disruptions. The absence of segment-specific revenue breakdowns in the input data limits the ability to assess the performance of individual product lines or geographic regions.

Looking ahead, the company's revenue is expected to grow, with the most recent actual revenue of KRW 135,660,840,000 serving as a baseline for future comparisons. However, the outlook for profitability remains uncertain due to the negative operating income and the absence of clear cost-reduction strategies in the input data. The company's capital expenditures were KRW -902,598,420, suggesting a reduction in investment in new projects or equipment.

Risk factors for Saeron Automotive Corp are currently low, with no immediate liquidity or dilution concerns identified in the risk assessment. The company has not issued any recent equity or debt that would suggest a near-term dilution risk, and its debt-to-equity ratio is effectively zero, indicating a conservative capital structure. However, the negative operating income raises questions about the sustainability of its current financial performance.

Recent filings and transcripts do not provide additional insight into the company's strategic direction or operational performance. The absence of recent earnings calls or investor presentations limits the ability to assess management's outlook or response to industry challenges. The company's financial statements do not include any material events or disclosures that would suggest a significant change in business operations or risk profile.

The company maintains a zero debt-to-equity ratio, significantly outperforming the 0.41 median leverage level of its industry peers.

Operating income improved by 88.8% year-over-year in fiscal 2021, signaling a strong recovery in core operational profitability.

Capital expenditure intensity is above the 75th percentile of peers, indicating efficient capital deployment relative to revenue generation.

Revenue demonstrated stability with a 2.1% compound annual growth rate over the four-year period ending in 2021.

Operating margin of -2.2% places Saeron Automotive in the bottom quartile, significantly underperforming the 4.4% peer median.

The company faces high credit risk, posing a significant threat to its financial stability and potential borrowing capacity.

Cash conversion ratio of 0.15 is well below the 1.37 peer median, suggesting weak ability to turn earnings into cash.

Revenue KRW 36.23B, +0,3% YoY; Operating income +97,3% YoY.

• ▍Revenue KRW 36.23B, +0,3% YoY
• ▍Operating income +97,3% YoY
• ▍Net income −97,5% YoY
• ▍Free cash flow −86,5% YoY
• ▍Net margin 0.3%

Revenue KRW 34.19B, +1,9% YoY; Operating income +69,7% YoY.

• ▍Revenue KRW 34.19B, +1,9% YoY
• ▍Operating income +69,7% YoY
• ▍Net income +237,1% YoY
• ▍Free cash flow +392,0% YoY
• ▍Net margin 12.1%

Revenue KRW 36.39B, −5,0% YoY; Operating income −133,6% YoY.

• ▍Revenue KRW 36.39B, −5,0% YoY
• ▍Operating income −133,6% YoY
• ▍Net income −273,1% YoY
• ▍Free cash flow −253,6% YoY
• ▍Net margin -18.0%

Revenue KRW 31.88B, −6,3% YoY; Operating income +139,2% YoY.

• ▍Revenue KRW 31.88B, −6,3% YoY
• ▍Operating income +139,2% YoY
• ▍Net income −60,1% YoY
• ▍Free cash flow −61,1% YoY
• ▍Net margin 5.6%

Revenue KRW 36.12B; Operating income -KRW 4.17B.

• ▍Revenue KRW 36.12B
• ▍Operating income -KRW 4.17B
• ▍Net margin 12.4%

Revenue KRW 33.53B; Operating income -KRW 1.75B.

• ▍Revenue KRW 33.53B
• ▍Operating income -KRW 1.75B
• ▍Net margin -9.0%

Revenue KRW 38.31B; Operating income KRW 879.6M.

• ▍Revenue KRW 38.31B
• ▍Operating income KRW 879.6M
• ▍Net margin 9.9%

Revenue KRW 34.04B; Operating income -KRW 736.3M.

• ▍Revenue KRW 34.04B
• ▍Operating income -KRW 736.3M
• ▍Net margin 13.1%

Revenue KRW 138.69B, −2,3% YoY; Operating income +88,8% YoY.

• ▍Revenue KRW 138.69B, −2,3% YoY
• ▍Operating income +88,8% YoY
• ▍Net income −105,3% YoY
• ▍Free cash flow −105,3% YoY
• ▍Net margin -0.4%

Revenue KRW 142.01B, +1,2% YoY; Operating income −8,9% YoY.

• ▍Revenue KRW 142.01B, +1,2% YoY
• ▍Operating income −8,9% YoY
• ▍Net income +190,9% YoY
• ▍Free cash flow +128,6% YoY
• ▍Net margin 6.8%

Revenue KRW 140.31B, +1,6% YoY; Operating income +61,0% YoY.

• ▍Revenue KRW 140.31B, +1,6% YoY
• ▍Operating income +61,0% YoY
• ▍Net income +155,9% YoY
• ▍Free cash flow +192,8% YoY
• ▍Net margin 2.4%

Revenue KRW 138.04B, +8,2% YoY; Operating income −852,1% YoY.

• ▍Revenue KRW 138.04B, +8,2% YoY
• ▍Operating income −852,1% YoY
• ▍Net income −142,5% YoY
• ▍Free cash flow −140,6% YoY
• ▍Net margin -4.3%