TY Holdings Co Ltd

TY Holdings exhibits a highly leveraged capital structure, with a debt-to-equity ratio of 1.17, indicating significant reliance on debt financing. The company's liquidity position is weak, as evidenced by a negative net cash position after subtracting total debt and a current ratio of 1.03, which is barely above the 1.0 threshold for solvency. The price-to-book ratio of 0.14 and price-to-tangible-book ratio of 0.14 suggest that the company's market value is significantly below its book value, reflecting poor investor sentiment and potential asset impairment.

Profitability metrics are severely negative, with a return on equity of -11.21% and a return on assets of -3.42%, both well below industry norms for Leisure & Recreation firms. The company reported a net loss of KRW 72.37 billion and an operating loss of KRW 5.23 billion, indicating a failure to generate sustainable earnings. Gross profit of KRW 7.64 billion is insufficient to cover operating expenses, highlighting operational inefficiencies.

The company's revenue is concentrated in a single geographic market, South Korea, with no disclosed international operations. This lack of diversification increases exposure to local economic and regulatory risks. No segment-specific revenue breakdown is available, but the absence of disclosed segments suggests a lack of strategic diversification.

Growth prospects are bleak, with no positive revenue outlook provided in the financial data. The company's operating cash flow is negative at KRW -50.14 billion, and free cash flow is also negative at KRW -45.90 billion, indicating a lack of internal funding for growth initiatives. Capital expenditures are minimal at KRW -1.26 billion, suggesting a lack of investment in future capacity.

Risk factors include a high debt load and weak liquidity, with a debt-to-equity ratio of 1.17 and a negative net cash position. The risk assessment flags a medium liquidity risk and a low dilution risk, with no immediate pressure for equity issuance. No dilution sources are disclosed in the available documents, and no near-term dilution is expected.

Recent filings and transcripts are not available in the provided data, but the company's financial performance suggests a need for urgent operational and strategic restructuring. The absence of positive cash flows and the magnitude of losses indicate a high risk of further deterioration without significant intervention.

Ty Holdings Co Ltd (363280.KS) is currently undergoing its first formal analysis, meaning there is no prior historical basis for computing material changes or deltas in its financial profile. This initial assessment establishes a baseline for the company, which is identified as Ty Holdings Co LTD/KOREA, but does not yet reflect any significant shifts in performance or market position relative to previous periods. The company’s current structural footprint is minimal in terms of public market engagement. Data indicates that Ty Holdings has only one officer on record and zero analysts covering the stock. Furthermore, the company holds no membership in major indices and has no identified top holders, suggesting a lack of institutional presence or broad market tracking at this stage. Market attention for the ticker has been sporadic and low-volume over the recent 30-day window. Cross-source signals show that news dispatches were rare, with activity limited to single days in late June and early July 2026, such as one dispatch on June 25 and another on July 3. The majority of days in this period recorded zero dispatches, and no sentiment data was attached to these sparse reports. Given the absence of analyst coverage, index inclusion, or significant news flow, the significance of this first analysis lies in establishing a clean slate for future monitoring. Without prior data for comparison, investors and observers must rely on this initial snapshot of a company with limited public visibility and minimal recent media traction to gauge any future developments.

Net income improved by 24.8% year-over-year, reaching -94.1 billion KRW in the latest fiscal period.

Free cash flow increased by 31.3% year-over-year to -94.9 billion KRW, showing improved cash generation.

Dilution risk is assessed as low, suggesting limited immediate threat to existing shareholder equity value.

Gross profit remained positive at 42.5 billion KRW, indicating underlying operational revenue exceeds direct costs.

Revenue stabilized with only a 0.2% year-over-year decline, suggesting a potential bottoming of sales trends.

The company faces high credit risk, signaling significant potential for default or financial distress in the near term.

Operating margin of -0.38% ranks in the bottom quartile of the Leisure & Recreation cohort of 189 companies.

Debt-to-equity ratio of 1.17 is significantly higher than the cohort median of 0.3, ranking in the bottom quartile.

Revenue KRW 81.36B, −75,5% YoY; Operating income −1 739,6% YoY.

• ▍Revenue KRW 81.36B, −75,5% YoY
• ▍Operating income −1 739,6% YoY
• ▍Net income −747,8% YoY
• ▍Free cash flow −649,0% YoY
• ▍Net margin -728.7%

Revenue KRW 332.62B, +12,7% YoY; Operating income +236,6% YoY.

• ▍Revenue KRW 332.62B, +12,7% YoY
• ▍Operating income +236,6% YoY
• ▍Net income −36,6% YoY
• ▍Free cash flow −41,3% YoY
• ▍Net margin 27.5%

Revenue KRW 295.21B; Operating income KRW 5.45B.

• ▍Revenue KRW 295.21B
• ▍Operating income KRW 5.45B
• ▍Net margin 48.9%