Kolmar Korea Co Ltd

Kolmar Korea maintains a leveraged capital structure with a debt-to-equity ratio of 1.35 and a current ratio of 0.74, indicating moderate liquidity pressure. The company holds minimal cash and equivalents of 1.19 billion KRW against long-term debt of 1.23 trillion KRW, resulting in a negative net cash position. Operating cash flow stands at 291.43 billion KRW, providing coverage for capital expenditures of 179.74 billion KRW and yielding free cash flow of 68.82 billion KRW. The balance sheet shows total assets of 3.46 trillion KRW and total liabilities of 2.55 trillion KRW, with total equity at 910.36 billion KRW.

Profitability metrics show a return on equity of 17.25% and a return on assets of 4.54%. The company generates a gross profit of 791.45 billion KRW on revenue of 2.72 trillion KRW, resulting in a gross margin of approximately 29.1%. Operating income is 237.46 billion KRW, leading to a net income of 125.08 billion KRW. Without cohort median data provided, these returns are assessed in isolation, though the 17.25% ROE suggests efficient use of equity capital relative to the asset base.

Revenue concentration and segment details are not explicitly broken down in the available data, but the classification as Personal Care Products indicates exposure to the cosmetics manufacturing supply chain. The company serves global brands, as implied by its scale and industry position, though specific geographic or customer concentration risks are not quantified in the current snapshot.

Growth trajectory analysis is limited by the absence of historical period data in the input. The current revenue base of 2.72 trillion KRW provides a scale reference, but year-over-year trends cannot be computed from the single-period snapshot provided. The capital expenditure of 179.74 billion KRW suggests ongoing investment in production capacity or technology, which may support future revenue growth.

Risk assessment highlights medium liquidity risk due to the current ratio below 1.0 and the negative net cash position. Dilution risk is assessed as low, with basic and diluted shares outstanding identical at 23.61 million shares, indicating no significant options or convertible securities impacting share count. The key flag of negative net cash after subtracting total debt underscores the reliance on operating cash flow for debt servicing and liquidity management.

Recent observations show strong analyst sentiment with a mean recommendation of 1.64 (strong buy) and a mean price target of 124,684 KRW, implying upside from the current market price of 102,800 KRW. There are 10 strong buy and 14 buy ratings, with only 1 hold rating, reflecting confidence in the company's operational performance and market position. No specific filing, news, or transcript events are detailed in the input data.

Revenue grew 14.5% CAGR over four years, reaching 2.72 trillion KRW in fiscal 2026.

Operating income surged 57.4% year-over-year to 237.5 billion KRW in fiscal 2026.

Analysts project 22.5% upside to a mean price target of 124,684 KRW.

Free cash flow turned positive with a 207.7% year-over-year increase in fiscal 2026.

Debt-to-equity ratio of 1.35 places the company in the bottom quartile of its cohort.

The company faces a high credit risk flag according to current risk assessments.

Long-term debt increased to 1.15 trillion KRW in fiscal 2025, rising steadily since 2022.

Net income volatility is evident with a loss of 22 billion KRW in fiscal 2023.

The company carries a medium liquidity risk flag, indicating potential short-term funding concerns.

Revenue KRW 728.04B, +11,5% YoY; Operating income +94,3% YoY.

• ▍Revenue KRW 728.04B, +11,5% YoY
• ▍Operating income +94,3% YoY
• ▍Net income +241,0% YoY
• ▍Free cash flow +978,6% YoY
• ▍Net margin 6.2%

Revenue KRW 655.47B, +11,0% YoY; Operating income +214,5% YoY.

• ▍Revenue KRW 655.47B, +11,0% YoY
• ▍Operating income +214,5% YoY
• ▍Net income +34,5% YoY
• ▍Free cash flow +253,9% YoY
• ▍Net margin 6.9%

Revenue KRW 683.01B, +9,0% YoY; Operating income +42,3% YoY.

• ▍Revenue KRW 683.01B, +9,0% YoY
• ▍Operating income +42,3% YoY
• ▍Net income +106,8% YoY
• ▍Free cash flow +628,5% YoY
• ▍Net margin 4.7%

Revenue KRW 730.85B, +10,7% YoY; Operating income +17,0% YoY.

• ▍Revenue KRW 730.85B, +10,7% YoY
• ▍Operating income +17,0% YoY
• ▍Net income +0,2% YoY
• ▍Free cash flow +502,9% YoY
• ▍Net margin 4.8%

Revenue KRW 653.09B; Operating income KRW 40.53B.

• ▍Revenue KRW 653.09B
• ▍Operating income KRW 40.53B
• ▍Net margin 2.0%

Revenue KRW 590.50B; Operating income KRW 20.50B.

• ▍Revenue KRW 590.50B
• ▍Operating income KRW 20.50B
• ▍Net margin 5.7%

Revenue KRW 626.51B; Operating income KRW 41.25B.

• ▍Revenue KRW 626.51B
• ▍Operating income KRW 41.25B
• ▍Net margin 2.5%

Revenue KRW 660.27B; Operating income KRW 63.06B.

• ▍Revenue KRW 660.27B
• ▍Operating income KRW 63.06B
• ▍Net margin 5.3%

Revenue KRW 2.72T, +11,0% YoY; Operating income +57,4% YoY.

• ▍Revenue KRW 2.72T, +11,0% YoY
• ▍Operating income +57,4% YoY
• ▍Net income +38,9% YoY
• ▍Free cash flow +207,7% YoY
• ▍Net margin 4.6%

Revenue KRW 2.45T, +13,8% YoY; Operating income +123,9% YoY.

• ▍Revenue KRW 2.45T, +13,8% YoY
• ▍Operating income +123,9% YoY
• ▍Net income +1 634,9% YoY
• ▍Free cash flow −172,3% YoY
• ▍Net margin 3.7%

Revenue KRW 2.16T, +15,5% YoY; Operating income +51,3% YoY.

• ▍Revenue KRW 2.16T, +15,5% YoY
• ▍Operating income +51,3% YoY
• ▍Net income +123,6% YoY
• ▍Free cash flow −1 193,3% YoY
• ▍Net margin 0.2%

Revenue KRW 1.87T, +17,6% YoY; Operating income −47,2% YoY.

• ▍Revenue KRW 1.87T, +17,6% YoY
• ▍Operating income −47,2% YoY
• ▍Net income −161,4% YoY
• ▍Free cash flow −104,3% YoY
• ▍Net margin -1.2%