D&C Media Co Ltd

D&C Media Co Ltd maintains a strong liquidity position with a current ratio of 3.0, indicating the company can cover its short-term liabilities three times over. The company's price-to-book ratio of 1.5 and price-to-tangible-book ratio of 1.5 suggest a moderate premium over its book value. However, the company's net cash position is negative after subtracting total debt, signaling potential liquidity constraints.

Profitability metrics show a return on equity (ROE) of 2.63% and a return on assets (ROA) of 2.0%, both below the typical thresholds for high-performing media companies. The company's operating margin, calculated as operating income of 2,516,168,100 KRW on revenue of 19,924,871,210 KRW, results in a margin of 12.63%, which is in line with industry norms.

The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification in the latest financial report. This lack of diversification may expose the company to regional economic fluctuations and regulatory changes.

Looking ahead, the company is projected to maintain a stable revenue trajectory, with no significant growth or decline expected in the next fiscal year. The company's capital expenditure of -607,747,880 KRW indicates a reduction in investment, which may signal a strategic shift or cost-cutting measures.

The company faces moderate liquidity risk due to its negative net cash position and a debt-to-equity ratio of 0.03, which is relatively low but could increase if debt levels rise. The risk assessment indicates a low probability of dilution, with no significant dilution events expected in the near term.

Recent filings and transcripts do not indicate any major corporate events or strategic shifts, suggesting a stable operational environment for the company.

Operating income surged 41.7% year-over-year to 16.1 billion KRW, demonstrating strong top-line operational leverage.

Free cash flow more than doubled to 14.6 billion KRW, reflecting a 109% year-over-year increase in cash generation.

Cash conversion ratio of 3.05 is best-in-class compared to the cohort median of 0.61, highlighting efficient capital management.

Revenue grew 3.4% year-over-year to 85.5 billion KRW, maintaining steady top-line expansion despite margin pressures.

Net income CAGR of -14.8% over four years indicates a persistent long-term decline in profitability trends.

Return on equity of 2.63% falls below the Consumer Publishing cohort median of 2.93%, suggesting weaker capital efficiency.

Medium liquidity risk flags potential challenges in meeting short-term obligations or trading volume constraints for investors.

Return on assets of 2.0% remains low, indicating limited ability to generate profit from total asset base.

Revenue KRW 15.37B, −5,1% YoY; Operating income +1 582,8% YoY.

• ▍Revenue KRW 15.37B, −5,1% YoY
• ▍Operating income +1 582,8% YoY
• ▍Net income −149,8% YoY
• ▍Free cash flow −581,7% YoY
• ▍Net margin -5.2%

Revenue KRW 27.67B, +21,5% YoY; Operating income +38,2% YoY.

• ▍Revenue KRW 27.67B, +21,5% YoY
• ▍Operating income +38,2% YoY
• ▍Net income +63,2% YoY
• ▍Free cash flow +426,4% YoY
• ▍Net margin 23.2%

Revenue KRW 16.20B; Operating income KRW 168.6M.

• ▍Revenue KRW 16.20B
• ▍Operating income KRW 168.6M
• ▍Net margin 9.9%

Revenue KRW 22.78B; Operating income KRW 4.71B.

• ▍Revenue KRW 22.78B
• ▍Operating income KRW 4.71B
• ▍Net margin 17.3%

Revenue KRW 24.14B; Operating income KRW 3.97B.

• ▍Revenue KRW 24.14B
• ▍Operating income KRW 3.97B
• ▍Net margin 14.2%

Revenue KRW 19.92B; Operating income KRW 2.52B.

• ▍Revenue KRW 19.92B
• ▍Operating income KRW 2.52B
• ▍Net margin 10.9%

Revenue KRW 85.47B, +3,4% YoY; Operating income +41,7% YoY.

• ▍Revenue KRW 85.47B, +3,4% YoY
• ▍Operating income +41,7% YoY
• ▍Net income −28,5% YoY
• ▍Free cash flow +109,0% YoY
• ▍Net margin 9.3%

Revenue KRW 82.64B, +36,9% YoY; Operating income +225,2% YoY.

• ▍Revenue KRW 82.64B, +36,9% YoY
• ▍Operating income +225,2% YoY
• ▍Net income +178,5% YoY
• ▍Free cash flow +23,3% YoY
• ▍Net margin 13.5%

Revenue KRW 60.37B, −1,4% YoY; Operating income −40,5% YoY.

• ▍Revenue KRW 60.37B, −1,4% YoY
• ▍Operating income −40,5% YoY
• ▍Net income −34,9% YoY
• ▍Free cash flow −28,9% YoY
• ▍Net margin 6.6%

Revenue KRW 61.21B, −9,2% YoY; Operating income −61,3% YoY.

• ▍Revenue KRW 61.21B, −9,2% YoY
• ▍Operating income −61,3% YoY
• ▍Net income −59,3% YoY
• ▍Free cash flow −53,3% YoY
• ▍Net margin 10.0%

Revenue KRW 67.42B; Operating income KRW 15.15B.

• ▍Revenue KRW 67.42B
• ▍Operating income KRW 15.15B
• ▍Net margin 22.4%