DYP Co Ltd

DYP Co Ltd maintains a debt-to-equity ratio of 1.23, indicating a moderate reliance on debt financing. The company's liquidity position is assessed as medium, with a current ratio of 1.01, suggesting limited short-term liquidity cushion. Despite holding KRW 23.26 billion in cash and equivalents, the company's long-term debt of KRW 154.17 billion exceeds its cash reserves, resulting in a negative net cash position.

Profitability metrics show a return on equity (ROE) of 3.02% and a return on assets (ROA) of 0.96%, both below the typical thresholds for capital efficiency in the auto parts industry. The company's operating margin of 3.63% (calculated from operating income of KRW 4.02 billion on revenue of KRW 110.77 billion) is in line with industry norms, but its net margin of 3.42% (KRW 3.79 billion net income) suggests pressure from operating expenses or tax costs.

Geographic and segment exposure is not explicitly detailed in the available data, but the company's revenue concentration in the automotive parts sector implies vulnerability to industry-specific downturns. No disclosed segments or geographic breakdowns are available to assess diversification.

The company's revenue growth trajectory is not explicitly forecasted, but its recent operating cash flow of -KRW 3.34 billion and free cash flow of -KRW 4.64 billion indicate ongoing cash burn. Capital expenditures of -KRW 12.45 billion suggest active investment in infrastructure or production capacity.

Risk factors include medium liquidity risk due to the current ratio of 1.01 and a negative net cash position. Dilution risk is assessed as low, with no significant changes in shares outstanding between basic and diluted shares. No recent filings or transcripts are available to assess management commentary or strategic shifts.

Revenue grew at a 6.7% CAGR over four years, showing consistent top-line expansion despite fluctuating net income.

Debt-to-equity ratio of 1.23 sits in the bottom quartile of peers, signaling excessive leverage and high credit risk.

Cash conversion ratio of -0.88 ranks in the bottom quartile, indicating poor ability to convert earnings into cash.

Operating margin of 3.6% trails the 4.4% cohort median, suggesting weaker core operational efficiency compared to industry peers.

Revenue KRW 115.90B, +8,3% YoY; Operating income +4 628,8% YoY.

• ▍Revenue KRW 115.90B, +8,3% YoY
• ▍Operating income +4 628,8% YoY
• ▍Net income +334,2% YoY
• ▍Free cash flow +1 951,5% YoY
• ▍Net margin 5.0%

Revenue KRW 110.30B, −5,4% YoY; Operating income −64,2% YoY.

• ▍Revenue KRW 110.30B, −5,4% YoY
• ▍Operating income −64,2% YoY
• ▍Net income −207,0% YoY
• ▍Free cash flow −848,3% YoY
• ▍Net margin -3.1%

Revenue KRW 106.44B, −3,9% YoY; Operating income −56,3% YoY.

• ▍Revenue KRW 106.44B, −3,9% YoY
• ▍Operating income −56,3% YoY
• ▍Net income −73,8% YoY
• ▍Free cash flow −228,0% YoY
• ▍Net margin 0.9%