UbiVelox Inc
UbiVelox Inc has a liquidity position that is medium, with a current ratio of 1.28 and negative free cash flow of -26.13 billion KRW, indicating that the company is not generating sufficient cash from operations to cover its capital expenditures [doc:HA-latest]. The company's cash and equivalents amount to 58.09 billion KRW, but this is offset by long-term debt of 232.47 billion KRW, resulting in a debt-to-equity ratio of 1.76 [doc:HA-latest]. Profitability metrics show that UbiVelox Inc is underperforming, with a return on equity of -5.47% and a return on assets of -1.31%, both significantly below the industry median for software and auto parts companies [doc:HA-latest]. The company's net income is negative at -7.23 billion KRW, and its operating income is only 15.04 billion KRW, suggesting that operational efficiency is a concern [doc:HA-latest]. The company's revenue is distributed across three segments: Black Box and Map Platform, Smart Card, and Mobile. The Black Box and Map Platform segment is the primary contributor, with the Smart Card and Mobile segments playing supporting roles. However, the company's geographic exposure is not disclosed in the input data, and there is no indication of revenue concentration in specific regions [doc:HA-latest]. Growth trajectory is uncertain, as the company's operating cash flow is negative at -27.36 billion KRW, and free cash flow is also negative at -26.13 billion KRW. The capital expenditure of -17.41 billion KRW indicates ongoing investment, but the lack of positive cash flow suggests that the company may be relying on external financing to fund these activities [doc:HA-latest]. Risk factors include medium liquidity risk due to negative free cash flow and a debt-to-equity ratio of 1.76, which is high for a software and auto parts company. The company's dilution potential is low, but the risk assessment flags a key issue: net cash is negative after subtracting total debt, which could limit the company's ability to fund operations without additional financing [doc:HA-latest]. Recent events include the latest financial filing, which shows a net loss and negative cash flow. There are no disclosed transcripts or other recent events that provide insight into the company's strategic direction or operational performance [doc:HA-latest].
Business. UbiVelox Inc is a Korea-based company that develops and provides system software, operating through three segments: Black Box and Map Platform, Smart Card, and Mobile, generating revenue primarily from vehicle black boxes, smart card systems, and mobile platform solutions [doc:HA-latest].
Classification. UbiVelox Inc is classified under the Consumer Cyclicals economic sector, Automobiles & Auto Parts business sector, and Auto, Truck & Motorcycle Parts industry, with a confidence level of 0.92 [doc:verified market data].
- UbiVelox Inc is experiencing negative net income and free cash flow, indicating financial distress.
- The company's debt-to-equity ratio is 1.76, which is high and suggests significant leverage.
- Return on equity and return on assets are negative, showing poor profitability.
- The company's liquidity position is medium, with a current ratio of 1.28.
- Growth is constrained by negative operating and free cash flows.
- The company's risk assessment highlights liquidity concerns and a negative net cash position.
- # RATIONALES
- **margin_outlook_rationale**: Margins are expected to remain under pressure due to negative net income and operating income, driven by high debt and low profitability.
- Net cash is negative after subtracting total debt.