S-Energy Co Ltd

S-Energy Co Ltd has a market price of 2,105 KRW per share, with a market capitalization of 75,869.6 billion KRW. The company's price-to-book ratio is 2.18, and its price-to-tangible-book ratio is also 2.18, indicating a premium valuation relative to its book value. The enterprise value to EBITDA ratio is negative at -6.76, reflecting the company's current operating losses. The enterprise value to revenue ratio is 1.62, suggesting a moderate revenue-based valuation. The company's profitability metrics are concerning, with a return on equity of -38.8% and a return on assets of -5.93%. These figures are significantly below the industry median for renewable energy equipment and services, which typically shows positive returns. The company's operating income is -24,608.0 billion KRW, and its net income is -13,509.9 billion KRW, indicating a substantial loss-making position. S-Energy's revenue is derived from the sale of PV modules, wafers, and energy equipment installation services. The company operates in both domestic and international markets, but the financial data does not provide a breakdown of revenue by segment or geography. The lack of detailed segment reporting limits the ability to assess geographic exposure and concentration risk. The company's growth trajectory is uncertain, with no specific numeric deltas provided for the current or next fiscal year. The operating cash flow is negative at -11,219.8 billion KRW, and the free cash flow is -22,402.5 billion KRW, indicating a cash outflow. The capital expenditure is -633.1 million KRW, suggesting minimal investment in new projects or capacity expansion. The risk assessment highlights medium liquidity risk and low dilution risk. The company's debt-to-equity ratio is 3.0, and the current ratio is 0.96, indicating a weak short-term liquidity position. The key flag of negative net cash after subtracting total debt further underscores the liquidity challenge. The dilution risk is low, with no significant dilution potential identified in the basic shares outstanding. Recent events and filings do not provide specific details on new projects, partnerships, or strategic initiatives. The company's 2014 divestiture of its BIPV module and solar power plant O&M business into a wholly owned subsidiary is a notable historical event, but no recent developments are disclosed in the provided data.