S-Energy Co Ltd

S-Energy Co Ltd has a market price of 2,670 KRW and a market cap of 96.23 billion KRW, with a price-to-book ratio of 2.76 and a price-to-tangible-book ratio of 2.76. The company's enterprise value to EBITDA is -7.59, and its enterprise value to revenue is 1.82. The company's liquidity is rated as medium, with a current ratio of 0.96 and negative net cash after subtracting total debt [doc:095910-KQ-ValuationSnapshot]. The company's profitability is weak, with a return on equity of -38.8% and a return on assets of -5.93%. Operating income is negative at -24.61 billion KRW, and net income is also negative at -13.51 billion KRW. Gross profit is 5.73 billion KRW, but this is insufficient to offset the company's operating losses [doc:095910-KQ-FinancialSnapshot]. S-Energy's revenue is concentrated in the photovoltaic (PV) power business, with products distributed domestically and internationally. The company provides standard modules, BIPV modules, and specialized PV modules, as well as wafers and energy equipment installation services. The company's business is primarily focused on the renewable energy sector, with no significant diversification into other business lines [doc:095910-KQ-Description]. The company's growth trajectory is uncertain, with no specific numeric deltas provided for the current or next fiscal year. Historical revenue is 102.44 billion KRW, but the company has reported negative operating and net income. The company's capital expenditures are -633.06 million KRW, indicating a reduction in investment in new projects [doc:095910-KQ-FinancialSnapshot]. The company's risk assessment indicates a medium liquidity risk and a low dilution risk. The key flag is negative net cash after subtracting total debt, which suggests potential liquidity constraints. The company's debt-to-equity ratio is 3.0, indicating a high level of leverage [doc:095910-KQ-RiskAssessment]. Recent events include the divestiture of the BIPV module and solar power plant O&M business into a new wholly owned subsidiary on January 1, 2014. This strategic move may have been aimed at streamlining operations and focusing on core competencies in the PV module and wafer business [doc:095910-KQ-Description].