Asta Co Ltd

Asta Co Ltd exhibits a high price-to-book ratio of 9.99 and a price-to-tangible-book ratio of 9.99, indicating a premium valuation relative to its book value. The company's liquidity position is strong, with a current ratio of 4.11 and cash and equivalents of KRW 2,906,053,460. However, the company reported negative operating and net income, with operating income of -KRW 258,969,878 and net income of -KRW 3,303,456,540. The company's profitability metrics are weak compared to industry norms. Return on equity (ROE) is -35.81%, and return on assets (ROA) is -21.33%, both significantly below the industry median for medical equipment firms. Gross profit of KRW 1,257,322,950 represents 48.45% of revenue, but this is insufficient to offset operating expenses. Asta Co Ltd's revenue is concentrated in a few key markets, with disclosed applications in display, secondary battery, and semiconductor industries. No segment or geographic breakdown is provided in the latest financials, limiting visibility into diversification. The company's growth trajectory is uncertain, with no outlook data provided for current or next fiscal years. Historical revenue of KRW 2,594,819,140 shows no year-over-year growth data, and the negative operating and free cash flows suggest operational challenges. Risk factors include low liquidity and dilution risk, with no immediate filing-based flags detected. The company has a debt-to-equity ratio of 0.3, indicating a conservative capital structure. No dilution sources were identified in the latest filings. No recent events, such as filings or transcripts, were provided in the input data to inform recent developments or strategic shifts.