Almac Co Ltd

Almac Co Ltd's capital structure is characterized by a debt-to-equity ratio of 1.03, indicating a relatively balanced mix of debt and equity financing. The company's liquidity position is moderate, with a current ratio of 1.09, suggesting it has sufficient short-term assets to cover its short-term liabilities, but with limited excess. The company's cash and equivalents amount to 22,775,587,540 KRW, but this is offset by long-term debt of 154,937,388,500 KRW, resulting in a net cash position that is negative after subtracting total debt [doc:HA-latest]. Profitability metrics for Almac Co Ltd are weak, with a return on equity (ROE) of -0.87% and a return on assets (ROA) of -0.38%, both of which are below the industry median for the Auto, Truck & Motorcycle Parts sector. The company reported a net loss of 1,311,594,490 KRW, and its operating income of 6,215,407,320 KRW is insufficient to offset the net loss. Gross profit of 24,946,964,830 KRW is also below the industry median, indicating that the company is struggling to maintain profitability in a competitive market [doc:HA-latest]. The company's revenue is primarily derived from the manufacture and sale of automotive parts, with a focus on electric vehicle components. However, the input data does not provide a breakdown of revenue by segment or geographic region. Given the company's operations in South Korea and the global nature of the automotive industry, it is likely that the company has exposure to both domestic and international markets. The lack of detailed segment data limits the ability to assess revenue concentration and geographic risk [doc:HA-latest]. Almac Co Ltd's growth trajectory is uncertain, with the company reporting a net loss in the latest period. Analysts have estimated a mean revenue of 236,700,000,000 KRW for the current fiscal year, compared to actual revenue of 187,825,000,000 KRW, indicating a potential growth rate of approximately 26%. However, the company's operating cash flow of 27,153,757,860 KRW is not sufficient to cover its capital expenditures of 27,268,143,280 KRW, resulting in a negative free cash flow of 19,818,642,360 KRW. This suggests that the company may need to rely on external financing to fund its operations and growth initiatives [doc:HA-latest]. The company faces several risk factors, including liquidity risk due to its negative net cash position and the potential for dilution, although the risk of dilution is currently assessed as low. The company's free cash flow is negative, and its capital expenditures exceed its operating cash flow, which could lead to increased debt or equity financing in the future. The risk assessment also highlights the need for the company to improve its profitability and cash flow generation to support its operations and growth [doc:HA-latest]. Recent events and disclosures related to Almac Co Ltd include the latest financial results, which show a net loss and a negative free cash flow. The company's financial performance has not met analyst expectations, with the last actual EPS of -205.00 KRW falling short of the mean EPS estimate of 1,875.00 KRW. The company's EBIT estimate of 17,300,000,000 KRW is also higher than the actual operating income of 6,215,407,320 KRW, indicating a gap between expectations and performance. These results suggest that the company may need to take corrective actions to improve its financial position and meet investor expectations [doc:HA-latest].