Very Good Tour Co Ltd

The company maintains a strong liquidity position with a current ratio of 1.84, indicating that it has sufficient current assets to cover its current liabilities. The liquidity_fpt metric further supports this, showing a robust cash and equivalents position of 17,323,652,660 KRW, which is well above the industry median for similar firms.

Profitability metrics show a return on equity (ROE) of 2.05% and a return on assets (ROA) of 1.21%, which are below the industry median for Leisure & Recreation firms. This suggests that the company is not generating returns as efficiently as its peers, potentially due to lower pricing power or higher operating costs.

The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases exposure to regional economic fluctuations and regulatory changes, which could impact revenue stability.

Looking ahead, the company is projected to see a modest increase in revenue, with a growth trajectory that aligns with the broader industry trends. The operating cash flow of 8,904,357,500 KRW supports this outlook, indicating the company's ability to sustain operations and fund growth initiatives.

Risk factors include a low liquidity risk and a low dilution potential, with no immediate filing-based liquidity or dilution flags detected. The company's debt-to-equity ratio of 0.02 is significantly lower than the industry median, suggesting a conservative capital structure and minimal financial leverage.

Recent events, including the latest financial filings and transcripts, indicate a stable business environment with no significant disruptions. The company's free cash flow of 2,377,847,140 KRW supports its ability to reinvest in the business or return value to shareholders.

Cash conversion ratio of 5.08 is best-in-class compared to the 1.04 cohort median, demonstrating strong cash generation.

Debt-to-equity ratio of 0.02 is well below the 0.30 cohort median, reflecting a conservative and low-leverage capital structure.

Free cash flow surged 171.3% year-over-year to 13.1 billion KRW, highlighting improved operational cash generation.

The company faces low dilution, liquidity, and credit risks, providing a stable financial foundation for investors.

Revenue declined at a 4.0% CAGR over four years, signaling a lack of top-line growth momentum.

Return on assets of 1.21% is low, reflecting limited ability to generate profit from total asset base.

Return on invested capital of 1.37% is minimal, suggesting the company generates little value above cost of capital.

Revenue KRW 19.25B, +1,4% YoY; Operating income +642,8% YoY.

• ▍Revenue KRW 19.25B, +1,4% YoY
• ▍Operating income +642,8% YoY
• ▍Net income +2 815,1% YoY
• ▍Free cash flow +342,4% YoY
• ▍Net margin 13.3%

Revenue KRW 24.18B, +4,7% YoY; Operating income −71,6% YoY.

• ▍Revenue KRW 24.18B, +4,7% YoY
• ▍Operating income −71,6% YoY
• ▍Net income −51,7% YoY
• ▍Free cash flow −37,0% YoY
• ▍Net margin 3.5%

Revenue KRW 16.13B; Operating income KRW 44.6M.

• ▍Revenue KRW 16.13B
• ▍Operating income KRW 44.6M
• ▍Net margin 3.0%

Revenue KRW 22.60B; Operating income KRW 448.7M.

• ▍Revenue KRW 22.60B
• ▍Operating income KRW 448.7M
• ▍Net margin 3.5%

Revenue KRW 23.10B; Operating income KRW 1.19B.

• ▍Revenue KRW 23.10B
• ▍Operating income KRW 1.19B
• ▍Net margin 7.6%

Revenue KRW 92.12B, +14,0% YoY; Operating income +390,1% YoY.

• ▍Revenue KRW 92.12B, +14,0% YoY
• ▍Operating income +390,1% YoY
• ▍Net income +247,5% YoY
• ▍Free cash flow +131,8% YoY
• ▍Net margin 11.8%

Revenue KRW 80.81B, +17,7% YoY; Operating income −68,8% YoY.

• ▍Revenue KRW 80.81B, +17,7% YoY
• ▍Operating income −68,8% YoY
• ▍Net income −56,8% YoY
• ▍Free cash flow −32,1% YoY
• ▍Net margin 3.9%