Abalance Corp

Abalance Corp has a liquidity position that is marginally stable, with a current ratio of 1.11 and cash and equivalents of ¥26.45 billion, but its operating cash flow is negative at ¥10.23 billion. The debt-to-equity ratio of 2.31 indicates a high leverage position, with long-term debt of ¥56.38 billion against total equity of ¥24.45 billion [doc:output_data.valuation_snapshot]. Profitability metrics show a weak return on equity of 3.89% and a return on assets of 0.65%, both below the industry median for Renewable Energy Equipment & Services. The company's operating income of ¥3.23 billion and net income of ¥952 million suggest limited profitability, with gross profit at ¥12.18 billion on ¥72.42 billion in revenue [doc:input_data]. The company's revenue is distributed across three segments: IT, Construction Equipment Sale, and Green Energy. The Green Energy segment is likely the most strategic, given the company's renewable energy classification, but revenue concentration data is not provided. The Construction Equipment Sale segment is active in both domestic and overseas markets, while the IT segment focuses on software licensing and system integration [doc:input_data]. Growth trajectory is uncertain, with no specific revenue growth rates provided in the input data. The company's capital expenditure of ¥4.14 billion suggests ongoing investment, but the negative operating cash flow raises concerns about its ability to fund operations without external financing [doc:input_data]. Risk factors include medium liquidity risk due to negative operating cash flow and a high debt-to-equity ratio. The risk assessment flags a negative net cash position after subtracting total debt. Dilution risk is low, with no significant changes in shares outstanding between basic and diluted shares [doc:output_data.risk_assessment]. Recent events include the company's rebranding from Realcom Inc. to Abalance Corp, reflecting a strategic shift toward green energy and IT services. No recent filings or transcripts are provided in the input data to detail specific developments [doc:input_data].