DRB Industrial Co Ltd

Capital Structure and Liquidity DRB Industrial Co Ltd maintains a market price of 7,550 KRW per share, with a market capitalization of 104,945,000,000 KRW. The company's price-to-book ratio is 0.44, indicating that the market value is trading below the book value of its equity. The liquidity position is characterized by a current ratio of 2.11, suggesting the company has sufficient short-term assets to cover its short-term liabilities. However, the company's operating cash flow is negative at -5,128,274,720 KRW, and net cash is negative after subtracting total debt, which raises concerns about its liquidity [doc:HA-latest]. ### Profitability and Returns The company's profitability is reflected in a return on equity (ROE) of 4.49% and a return on assets (ROA) of 3.00%. These figures are below the industry median for ROE and ROA, indicating that the company is underperforming its peers in terms of generating returns on equity and assets. The gross profit margin is 18.77%, and the operating margin is 5.09%, both of which are in line with the industry median. The company's net income is 10,658,276,720 KRW, with an operating income of 18,564,940,330 KRW [doc:HA-latest]. ### Segments and Geographic Exposure DRB Industrial Co Ltd operates through two segments: the Rubber Belt Business and the Other Rubber Products and Others Business. The Rubber Belt Business provides power transmission belts and conveyor belts used in automobiles, agricultural machinery, home appliances, and precision machinery. The Other Rubber Products and Others Business provides rubber tracks used in construction and agricultural machinery, as well as medical devices and seismic isolation systems. The company's revenue is primarily concentrated in South Korea, with no significant international exposure disclosed in the financial data [doc:HA-latest]. ### Growth Trajectory The company's revenue for the latest period is 364,602,809,370 KRW. While the company has a positive free cash flow of 9,261,504,050 KRW, the capital expenditure of -4,206,788,300 KRW indicates that the company is investing in its operations. The company's growth trajectory is not explicitly outlined in the financial data, but the positive free cash flow suggests that the company has the financial flexibility to support growth initiatives [doc:HA-latest]. ### Risk Factors The company faces a medium liquidity risk, as indicated by the negative operating cash flow and the negative net cash after subtracting total debt. The dilution risk is low, with no significant dilution potential identified in the financial data. The company's debt-to-equity ratio is 0.2, indicating a relatively low level of leverage. The risk assessment does not identify any significant regulatory or geopolitical risks, but the company's exposure to the automotive and construction industries may be affected by economic conditions in South Korea [doc:HA-latest]. ### Recent Events The company's latest actual EPS is 608.85 KRW, according to analyst estimates. There are no recent filings or transcripts disclosed in the financial data that would indicate significant changes in the company's operations or financial position [doc:].