Iljin HySolus Co Ltd

Iljin HySolus maintains a strong liquidity position, with a current ratio of 16.06, indicating a significant ability to cover short-term obligations with its current assets. The company's cash and equivalents amount to 8,125,612,740 KRW, which supports its operational flexibility. However, the company reported negative operating income of -1,361,394,440 KRW, suggesting operational inefficiencies or cost overruns that may affect its long-term sustainability.

Profitability metrics for Iljin HySolus are weak, with a return on equity (ROE) of 0.29% and a return on assets (ROA) of 0.28%. These figures fall below the typical thresholds for healthy performance in the auto parts industry, indicating that the company is not effectively utilizing its equity and assets to generate returns. The company's gross profit of 3,563,617,770 KRW is modest relative to its revenue of 20,951,085,140 KRW, suggesting that it may be facing competitive pricing pressures or high production costs.

The company's revenue is concentrated in a single business segment, as disclosed in its financial statements, with no geographic diversification provided in the available data. This lack of diversification could expose the company to regional economic downturns or supply chain disruptions. The absence of detailed geographic exposure data limits the ability to assess the company's risk profile comprehensively.

Iljin HySolus has experienced a significant decline in profitability, with a net income of 935,885,500 KRW despite a negative operating income. The company's capital expenditures of -4,640,866,390 KRW indicate a substantial investment in long-term assets, which may be aimed at future growth or operational improvements. However, the free cash flow of -1,138,421,490 KRW suggests that the company is not generating sufficient cash from operations to cover its capital expenditures, potentially leading to increased reliance on external financing.

The company's risk assessment indicates low liquidity and dilution risks, with no immediate filing-based flags detected. However, the negative operating income and low profitability metrics suggest that the company may face challenges in maintaining its financial stability. The absence of dilution potential and the low debt-to-equity ratio of 0.0 indicate that the company is not currently under pressure to issue additional shares or take on debt.

Recent events, as reflected in the financial data, show a mixed performance. The company's last actual EPS was -55.00 KRW, while the mean EPS estimate is 214.50 KRW, indicating a potential recovery in earnings. The analyst recommendations are split, with one "Buy" and one "Hold" rating, suggesting a cautious outlook among investors. The company's financial health and operational performance will be critical in determining its future trajectory.

Iljin HySolus maintains a net margin of 4.5%, outperforming the 3.2% median for its auto parts cohort.

The company exhibits strong cash conversion at 3.32, significantly exceeding the cohort median of 1.37.

Iljin HySolus holds a debt-to-equity ratio of 0.0, ranking in the top quartile of its peer group.

Two analysts maintain a buy recommendation for the stock, suggesting positive sentiment despite recent financial volatility.

Revenue stabilized with a 2.9% year-over-year increase in FY2026, reaching 81.6 billion KRW.

Operating income deteriorated to -11.2 billion KRW in FY2026, widening the operating loss significantly.

Return on equity of 0.29% places the company in the bottom quartile of its 473-member cohort.

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

Revenue KRW 27.12B, +148,7% YoY.

• ▍Revenue KRW 27.12B, +148,7% YoY

Revenue KRW 24.20B, −10,3% YoY; Operating income +73,0% YoY.

• ▍Revenue KRW 24.20B, −10,3% YoY
• ▍Operating income +73,0% YoY
• ▍Net income +64,7% YoY
• ▍Free cash flow +286,2% YoY
• ▍Net margin 4.1%

Revenue KRW 28.16B, +29,0% YoY; Operating income −65,9% YoY.

• ▍Revenue KRW 28.16B, +29,0% YoY
• ▍Operating income −65,9% YoY
• ▍Net income −719,5% YoY
• ▍Free cash flow −36,9% YoY
• ▍Net margin -7.3%

Revenue KRW 18.33B, −12,5% YoY; Operating income −103,4% YoY.

• ▍Revenue KRW 18.33B, −12,5% YoY
• ▍Operating income −103,4% YoY
• ▍Net income −149,8% YoY
• ▍Free cash flow +111,0% YoY
• ▍Net margin -2.5%

Revenue KRW 10.91B; Operating income -KRW 3.02B.

• ▍Revenue KRW 10.91B
• ▍Operating income -KRW 3.02B
• ▍Net margin -4.5%

Revenue KRW 26.97B; Operating income -KRW 3.58B.

• ▍Revenue KRW 26.97B
• ▍Operating income -KRW 3.58B
• ▍Net margin 2.3%

Revenue KRW 21.83B; Operating income -KRW 2.68B.

• ▍Revenue KRW 21.83B
• ▍Operating income -KRW 2.68B
• ▍Net margin -1.1%

Revenue KRW 20.95B; Operating income -KRW 1.36B.

• ▍Revenue KRW 20.95B
• ▍Operating income -KRW 1.36B
• ▍Net margin 4.5%

Revenue KRW 81.59B, +2,9% YoY; Operating income −17,7% YoY.

• ▍Revenue KRW 81.59B, +2,9% YoY
• ▍Operating income −17,7% YoY
• ▍Net income −210,1% YoY
• ▍Free cash flow +65,8% YoY
• ▍Net margin -2.5%

Revenue KRW 79.30B, +0,7% YoY; Operating income +6,0% YoY.

• ▍Revenue KRW 79.30B, +0,7% YoY
• ▍Operating income +6,0% YoY
• ▍Net income +28,9% YoY
• ▍Free cash flow −536,8% YoY
• ▍Net margin 2.3%

Revenue KRW 78.74B, −27,8% YoY; Operating income −463,6% YoY.

• ▍Revenue KRW 78.74B, −27,8% YoY
• ▍Operating income −463,6% YoY
• ▍Net income −80,0% YoY
• ▍Free cash flow +114,9% YoY
• ▍Net margin 1.8%

Revenue KRW 109.08B, −7,3% YoY; Operating income −71,6% YoY.

• ▍Revenue KRW 109.08B, −7,3% YoY
• ▍Operating income −71,6% YoY
• ▍Net income −21,4% YoY
• ▍Free cash flow −282,4% YoY
• ▍Net margin 6.5%