PlayD Co Ltd

PlayD Co Ltd maintains a strong liquidity position, with cash and equivalents amounting to KRW 11,783,544,510, which is 8.9% of total assets. The company's liquidity FPT (free cash flow to total liabilities) is robust, indicating a solid ability to meet short-term obligations. The current ratio of 2.36 further supports this, showing that the company has more than double the current assets to cover its current liabilities.

Profitability metrics for PlayD Co Ltd are mixed. The company's return on equity (ROE) of 0.94% and return on assets (ROA) of 0.58% are below the industry median for advertising and marketing firms, which typically report ROE and ROA in the 2-4% range. This suggests that the company is underperforming in terms of capital efficiency and asset utilization.

Geographically, PlayD Co Ltd's revenue is concentrated in a single market, with no disclosed diversification across regions. This concentration increases exposure to local economic conditions and regulatory changes. The company's revenue is entirely attributed to its domestic operations, with no material international segments reported.

The company's growth trajectory is modest. Revenue for the latest period was KRW 9,311,516,360, and while the company has maintained positive operating and net income, the growth rate is not specified. Analysts have recorded the last actual revenue at KRW 29,306,230,000, which may indicate a seasonal or reporting period discrepancy.

Risk factors for PlayD Co Ltd are currently low, with no immediate filing-based liquidity or dilution flags detected. The company's debt-to-equity ratio of 0.04 is well below the industry median, indicating a conservative capital structure. However, the high price-to-earnings ratio of 63.17 suggests that the market may be pricing in future growth expectations that have not yet materialized in the financials.

Recent events include the latest actual EPS of 123.00 KRW and revenue of KRW 29,306,230,000, as reported by analysts. These figures align with the company's financial snapshot, indicating consistent performance in the most recent reporting period.

Net income surged 49% year-over-year to 4.3 billion KRW, demonstrating strong recent profitability momentum.

Operating income jumped 58% year-over-year to 4.0 billion KRW, indicating significant improvement in core operational efficiency.

Free cash flow increased 30.8% year-over-year to 6.0 billion KRW, supporting strong liquidity generation capabilities.

Long-term debt decreased significantly to 2.5 billion KRW, resulting in a conservative debt-to-equity ratio of 0.04.

Revenue declined at a 1.0% annual rate over four years, signaling a lack of top-line growth trajectory.

Cash conversion ratio of 0.44 is well below the 0.97 cohort median, suggesting weaker cash generation efficiency.

Return on assets of 0.58% indicates inefficient utilization of the company's asset base to generate earnings.

Revenue KRW 13.32B, +35,3% YoY; Operating income +199,1% YoY.

• ▍Revenue KRW 13.32B, +35,3% YoY
• ▍Operating income +199,1% YoY
• ▍Net income +138,6% YoY
• ▍Free cash flow +90,6% YoY
• ▍Net margin 18.9%

Revenue KRW 9.46B, −0,8% YoY; Operating income +12,0% YoY.

• ▍Revenue KRW 9.46B, −0,8% YoY
• ▍Operating income +12,0% YoY
• ▍Net income +0,3% YoY
• ▍Free cash flow −11,8% YoY
• ▍Net margin 14.4%

Revenue KRW 40.23B, +4,2% YoY; Operating income +52,4% YoY.

• ▍Revenue KRW 40.23B, +4,2% YoY
• ▍Operating income +52,4% YoY
• ▍Net income +36,5% YoY
• ▍Free cash flow −7,2% YoY
• ▍Net margin 14.6%