S-Oil Corp

S-Oil Corp maintains a capital structure characterized by significant leverage, with long-term debt of 7.91 trillion KRW against total equity of 8.89 trillion KRW, resulting in a debt-to-equity ratio of 0.89. The company holds 1.83 trillion KRW in cash and equivalents, which is insufficient to cover total liabilities of 17.67 trillion KRW, leading to a negative net cash position. Liquidity is constrained, evidenced by a current ratio of 0.71, indicating that current liabilities exceed current assets. The firm generates 3.94 trillion KRW in operating cash flow, but this is offset by substantial capital expenditures of 3.91 trillion KRW, resulting in negative free cash flow of -2.92 trillion KRW.

Profitability metrics show a return on equity of 10.6% and a return on assets of 3.55%. The company reports revenue of 34.25 trillion KRW, with a gross profit of 1.02 trillion KRW and operating income of 235.63 billion KRW. Net income stands at 176.95 billion KRW. Valuation multiples include a price-to-earnings ratio of 15.95, a price-to-book ratio of 1.69, and an EV/EBITDA of 14.18. The EV/Revenue ratio is 0.62, suggesting the enterprise value is less than the annual revenue.

Segment and geographic data are not provided in the available input, preventing a detailed analysis of revenue concentration or regional exposure. The company operates as an integrated entity, implying diversification across upstream and downstream activities, but specific breakdowns are absent.

Growth trajectory analysis is limited due to the absence of historical period data in the input. The current financial snapshot provides a single-period view, with no year-over-year or quarterly trend data available to assess revenue or earnings momentum.

Risk assessment indicates medium liquidity risk and low dilution risk. A key flag notes that net cash is negative after subtracting total debt, highlighting balance sheet pressure. The negative free cash flow further underscores the strain on liquidity, driven by high capital expenditure relative to operating cash generation.

Recent observations include analyst estimates with a mean price target of 141,944.44 KRW and a median target of 145,000.00 KRW. The mean recommendation is 1.86, with 8 strong buy and 12 buy ratings, and no hold ratings. Competitor context lists Chevron, Shell, and BP, but no specific comparative data is provided.

The company's cash conversion metric of 4.18 ranks as best-in-class within its peer cohort.

Net income surged 191.7% year-over-year to 177 billion KRW in the latest fiscal period.

Analysts maintain a buy recommendation with a mean price target implying 0.1% upside.

Revenue demonstrated a 5.7% compound annual growth rate over the four-year historical span.

The company carries a high credit risk flag, indicating significant potential financial distress concerns.

Revenue KRW 8.94T, −0,5% YoY; Operating income +5 815,1% YoY.

• ▍Revenue KRW 8.94T, −0,5% YoY
• ▍Operating income +5 815,1% YoY
• ▍Net income +1 718,1% YoY
• ▍Free cash flow +208,0% YoY
• ▍Net margin 8.1%

Revenue KRW 8.79T, −1,4% YoY; Operating income +67,2% YoY.

• ▍Revenue KRW 8.79T, −1,4% YoY
• ▍Operating income +67,2% YoY
• ▍Net income +270,9% YoY
• ▍Free cash flow +41,3% YoY
• ▍Net margin 2.6%

Revenue KRW 8.42T, −4,8% YoY; Operating income +155,2% YoY.

• ▍Revenue KRW 8.42T, −4,8% YoY
• ▍Operating income +155,2% YoY
• ▍Net income +130,7% YoY
• ▍Free cash flow +9,0% YoY
• ▍Net margin 0.8%

Revenue KRW 8.05T, −15,9% YoY; Operating income −314,1% YoY.

• ▍Revenue KRW 8.05T, −15,9% YoY
• ▍Operating income −314,1% YoY
• ▍Net income −213,0% YoY
• ▍Free cash flow −126,3% YoY
• ▍Net margin -0.8%

Revenue KRW 8.99T; Operating income -KRW 21.54B.

• ▍Revenue KRW 8.99T
• ▍Operating income -KRW 21.54B
• ▍Net margin -0.5%

Revenue KRW 8.92T; Operating income KRW 222.37B.

• ▍Revenue KRW 8.92T
• ▍Operating income KRW 222.37B
• ▍Net margin -1.5%

Revenue KRW 8.84T; Operating income -KRW 414.95B.

• ▍Revenue KRW 8.84T
• ▍Operating income -KRW 414.95B
• ▍Net margin -2.3%

Revenue KRW 9.57T; Operating income KRW 160.65B.

• ▍Revenue KRW 9.57T
• ▍Operating income KRW 160.65B
• ▍Net margin -0.2%

Revenue KRW 34.25T, −6,5% YoY; Operating income −44,2% YoY.

• ▍Revenue KRW 34.25T, −6,5% YoY
• ▍Operating income −44,2% YoY
• ▍Net income +191,7% YoY
• ▍Free cash flow −8,3% YoY
• ▍Net margin 0.5%

Revenue KRW 36.64T, +2,5% YoY; Operating income −68,8% YoY.

• ▍Revenue KRW 36.64T, +2,5% YoY
• ▍Operating income −68,8% YoY
• ▍Net income −120,3% YoY
• ▍Free cash flow −202,4% YoY
• ▍Net margin -0.5%

Revenue KRW 35.73T, −15,8% YoY; Operating income −59,9% YoY.

• ▍Revenue KRW 35.73T, −15,8% YoY
• ▍Operating income −59,9% YoY
• ▍Net income −54,9% YoY
• ▍Free cash flow −158,1% YoY
• ▍Net margin 2.7%

Revenue KRW 42.45T, +54,5% YoY; Operating income +57,8% YoY.

• ▍Revenue KRW 42.45T, +54,5% YoY
• ▍Operating income +57,8% YoY
• ▍Net income +52,6% YoY
• ▍Free cash flow −5,6% YoY
• ▍Net margin 5.0%