Studio Dragon Corp

Studio Dragon Corp maintains a conservative capital structure with a debt-to-equity ratio of 0.17, significantly below the median for the Entertainment Production industry. The company's liquidity position is characterized by a current ratio of 1.5, indicating moderate short-term solvency. However, the firm's net cash position is negative after subtracting total debt, signaling potential liquidity constraints.

Profitability metrics for Studio Dragon Corp show a return on equity (ROE) of 1.14% and a return on assets (ROA) of 0.8%, both below the industry median. The company's operating margin is 7.61% (calculated from operating income of 10,453,746,890 KRW and revenue of 137,120,041,110 KRW), which is also below the median for the industry. These figures suggest that the company is underperforming in terms of capital efficiency and operational profitability.

Geographically, Studio Dragon Corp's revenue is heavily concentrated in South Korea, with no disclosed international revenue breakdown. The company operates in a single business segment focused on content production and distribution. This lack of diversification increases exposure to domestic market risks, including regulatory changes and content demand fluctuations.

The company's growth trajectory is mixed. Revenue for the latest period is 137,120,041,110 KRW, but no year-over-year growth rate is provided. Analysts project a wide range of price targets, from 32,000 KRW to 65,000 KRW, with a mean of 48,846.15 KRW and a median of 48,000 KRW. The mean recommendation is 2.00, indicating a generally positive outlook, though not strongly bullish.

Risk factors for Studio Dragon Corp include moderate liquidity risk and a negative net cash position after debt. The company's dilution risk is assessed as low, with no significant dilution potential in the near term. However, the firm's high price-to-earnings ratio of 101.58 and price-to-book ratio of 1.15 suggest that the stock is currently overvalued relative to its fundamentals.

Recent events include the publication of the latest financial data and analyst price targets. No material filings or transcripts have been disclosed in the provided data. The company's capital expenditure of -1,599,962,690 KRW indicates a reduction in investment, which may signal a strategic shift or financial constraint.

Analysts project 65.6% upside to a mean price target of 48,846 KRW, reflecting strong market confidence.

The company demonstrates best-in-class cash conversion at 11.68, vastly outperforming the cohort median of 0.73.

Long-term debt decreased to 1.5 billion KRW in FY2025, suggesting improved balance sheet flexibility and lower leverage.

The company carries a high credit risk flag, indicating potential difficulties in meeting financial obligations.

Revenue contracted 3.5% year-over-year to 530.7 billion KRW in FY2026, marking the first decline in the period.

Return on equity of 1.1% falls below the 1.8% cohort median, suggesting inefficient use of shareholder capital.

Revenue KRW 155.27B, +16,1% YoY; Operating income +50,1% YoY.

• ▍Revenue KRW 155.27B, +16,1% YoY
• ▍Operating income +50,1% YoY
• ▍Net income +177,0% YoY
• ▍Free cash flow +22,9% YoY
• ▍Net margin 4.2%

Revenue KRW 145.88B, +11,7% YoY; Operating income +246,3% YoY.

• ▍Revenue KRW 145.88B, +11,7% YoY
• ▍Operating income +246,3% YoY
• ▍Net income −75,3% YoY
• ▍Free cash flow +18,4% YoY
• ▍Net margin 1.9%

Revenue KRW 136.51B, +51,1% YoY; Operating income +1 217,6% YoY.

• ▍Revenue KRW 136.51B, +51,1% YoY
• ▍Operating income +1 217,6% YoY
• ▍Net income +245,3% YoY
• ▍Free cash flow +91,3% YoY
• ▍Net margin 6.5%

Revenue KRW 114.49B, −16,5% YoY; Operating income −127,9% YoY.

• ▍Revenue KRW 114.49B, −16,5% YoY
• ▍Operating income −127,9% YoY
• ▍Net income −145,7% YoY
• ▍Free cash flow −33,4% YoY
• ▍Net margin -3.3%

Revenue KRW 133.80B; Operating income KRW 4.27B.

• ▍Revenue KRW 133.80B
• ▍Operating income KRW 4.27B
• ▍Net margin 1.8%

Revenue KRW 130.57B; Operating income KRW 5.35B.

• ▍Revenue KRW 130.57B
• ▍Operating income KRW 5.35B
• ▍Net margin 8.6%

Revenue KRW 90.32B; Operating income -KRW 936.7M.

• ▍Revenue KRW 90.32B
• ▍Operating income -KRW 936.7M
• ▍Net margin -6.8%

Revenue KRW 137.12B; Operating income KRW 10.45B.

• ▍Revenue KRW 137.12B
• ▍Operating income KRW 10.45B
• ▍Net margin 5.9%

Revenue KRW 530.69B, −3,5% YoY; Operating income −35,9% YoY.

• ▍Revenue KRW 530.69B, −3,5% YoY
• ▍Operating income −35,9% YoY
• ▍Net income −69,2% YoY
• ▍Free cash flow −20,1% YoY
• ▍Net margin 1.9%

Revenue KRW 550.08B, −27,0% YoY; Operating income −57,6% YoY.

• ▍Revenue KRW 550.08B, −27,0% YoY
• ▍Operating income −57,6% YoY
• ▍Net income +11,3% YoY
• ▍Free cash flow −15,1% YoY
• ▍Net margin 6.1%

Revenue KRW 753.15B, +7,9% YoY; Operating income −26,2% YoY.

• ▍Revenue KRW 753.15B, +7,9% YoY
• ▍Operating income −26,2% YoY
• ▍Net income −40,5% YoY
• ▍Free cash flow +25,8% YoY
• ▍Net margin 4.0%

Revenue KRW 697.95B, +43,3% YoY; Operating income +15,5% YoY.

• ▍Revenue KRW 697.95B, +43,3% YoY
• ▍Operating income +15,5% YoY
• ▍Net income +29,5% YoY
• ▍Free cash flow +25,2% YoY
• ▍Net margin 7.2%