Cosmax Inc

Cosmax Inc maintains a capital structure characterized by significant leverage, with a debt-to-equity ratio of 1.48 and long-term debt of 824.7 billion KRW against total equity of 558.2 billion KRW. The company holds 191.1 billion KRW in cash and equivalents, resulting in a negative net cash position. Liquidity is constrained, evidenced by a current ratio of 0.81, which falls below the standard threshold of 1.0, indicating potential short-term coverage challenges. Operating cash flow stands at 86.7 billion KRW, but free cash flow is negative at -13.8 billion KRW due to substantial capital expenditures of 192.7 billion KRW.

Profitability metrics demonstrate strong returns on capital, with a return on equity of 28.04% and a return on assets of 7.36%. The company trades at a price-to-earnings ratio of 12.52 and an EV/EBITDA of 13.12, suggesting a valuation that reflects its profitability profile. The price-to-book ratio is 3.51, indicating the market values the company's equity at a premium to its book value. Gross profit is 409.0 billion KRW on revenue of 2,398.8 billion KRW, yielding a gross margin of approximately 17.0%, while operating income is 195.8 billion KRW.

Revenue concentration and segment details are not provided in the available data, preventing an analysis of specific product or geographic exposure. The company's total revenue for the latest normalized period is 2,398.8 billion KRW. Without segment breakdowns, the diversity of revenue streams and associated concentration risks cannot be quantified from the current dataset.

Growth trajectory analysis is limited by the absence of historical period data. The current revenue figure of 2,398.8 billion KRW serves as the baseline, but year-over-year or multi-year growth rates cannot be calculated. Consequently, the momentum of the business and its historical performance trends remain unassessed in this snapshot.

Risk assessment indicates medium liquidity risk and low dilution risk. A key flag notes that net cash is negative after subtracting total debt, highlighting the reliance on debt financing. The current ratio of 0.81 further underscores liquidity pressure. Dilution risk is assessed as low, with basic and diluted shares outstanding both at 11.35 million, indicating no immediate options or convertible securities impacting share count.

Recent events include analyst estimates with a mean price target of 240,428.57 KRW and a median target of 240,000.00 KRW. The mean recommendation is 1.85, with 8 strong buy and 15 buy ratings, suggesting positive sentiment from the analyst community. The high price target is 300,000.00 KRW, while the low is 170,000.00 KRW. No specific filing, news, or transcript observations are provided in the input data.

Revenue grew 10.7% year-over-year to KRW 2.4 trillion, demonstrating strong top-line expansion momentum.

Net income surged 43.4% to KRW 123 billion, significantly outpacing revenue growth and indicating operating leverage.

Analysts project 35.8% upside to a mean price target of KRW 240,429, reflecting strong market confidence.

Debt-to-equity ratio of 1.48 sits in the bottom quartile, indicating significantly higher leverage than the cohort median.

Free cash flow turned negative at KRW -13.8 billion, signaling potential liquidity pressures despite profit growth.

Long-term debt increased to KRW 824.7 billion, raising concerns about rising financial obligations and credit risk.

Cash conversion ratio of 0.55 is below the cohort median of 1.2, suggesting weaker cash generation efficiency.

Medium liquidity and credit risk flags indicate potential vulnerabilities in the company's financial stability profile.

Revenue KRW 682.02B, +15,9% YoY; Operating income +3,5% YoY.

• ▍Revenue KRW 682.02B, +15,9% YoY
• ▍Operating income +3,5% YoY
• ▍Net income +411,3% YoY
• ▍Free cash flow −228,8% YoY
• ▍Net margin 6.1%

Revenue KRW 601.01B, +7,7% YoY; Operating income +2,9% YoY.

• ▍Revenue KRW 601.01B, +7,7% YoY
• ▍Operating income +2,9% YoY
• ▍Net income +616,8% YoY
• ▍Free cash flow +323,9% YoY
• ▍Net margin 14.2%

Revenue KRW 585.62B, +10,5% YoY; Operating income −1,6% YoY.

• ▍Revenue KRW 585.62B, +10,5% YoY
• ▍Operating income −1,6% YoY
• ▍Net income −57,5% YoY
• ▍Free cash flow −25 216,5% YoY
• ▍Net margin 1.5%

Revenue KRW 623.56B, +13,1% YoY; Operating income +29,8% YoY.

• ▍Revenue KRW 623.56B, +13,1% YoY
• ▍Operating income +29,8% YoY
• ▍Net income −37,8% YoY
• ▍Free cash flow −321,2% YoY
• ▍Net margin 3.4%

Revenue KRW 588.57B; Operating income KRW 51.35B.

• ▍Revenue KRW 588.57B
• ▍Operating income KRW 51.35B
• ▍Net margin 1.4%

Revenue KRW 558.00B; Operating income KRW 39.81B.

• ▍Revenue KRW 558.00B
• ▍Operating income KRW 39.81B
• ▍Net margin 2.1%

Revenue KRW 529.83B; Operating income KRW 43.41B.

• ▍Revenue KRW 529.83B
• ▍Operating income KRW 43.41B
• ▍Net margin 4.0%

Revenue KRW 551.45B; Operating income KRW 46.81B.

• ▍Revenue KRW 551.45B
• ▍Operating income KRW 46.81B
• ▍Net margin 6.1%

Revenue KRW 2.40T, +10,7% YoY; Operating income +11,9% YoY.

• ▍Revenue KRW 2.40T, +10,7% YoY
• ▍Operating income +11,9% YoY
• ▍Net income +43,4% YoY
• ▍Free cash flow −1,9% YoY
• ▍Net margin 5.1%

Revenue KRW 2.17T, +21,9% YoY; Operating income +51,5% YoY.

• ▍Revenue KRW 2.17T, +21,9% YoY
• ▍Operating income +51,5% YoY
• ▍Net income +50,2% YoY
• ▍Free cash flow −224,8% YoY
• ▍Net margin 4.0%

Revenue KRW 1.78T, +11,1% YoY; Operating income +356,6% YoY.

• ▍Revenue KRW 1.78T, +11,1% YoY
• ▍Operating income +356,6% YoY
• ▍Net income +174,1% YoY
• ▍Free cash flow +122,4% YoY
• ▍Net margin 3.2%

Revenue KRW 1.60T, +0,5% YoY; Operating income −76,3% YoY.

• ▍Revenue KRW 1.60T, +0,5% YoY
• ▍Operating income −76,3% YoY
• ▍Net income −72,0% YoY
• ▍Free cash flow −206,5% YoY
• ▍Net margin 1.3%