Shinsung E&G Co Ltd

Shinsung E&G Co Ltd has a debt-to-equity ratio of 0.87, indicating a moderate level of leverage, and a current ratio of 1.13, suggesting limited short-term liquidity cushion. The company's cash and equivalents amount to 25,073,540,700 KRW, but this is insufficient to cover its long-term debt of 220,144,068,450 KRW, resulting in a negative net cash position. The operating cash flow is negative at -8,510,788,110 KRW, and free cash flow is also negative at -4,171,331,440 KRW, signaling cash flow constraints.

The company's profitability is weak, with a return on equity of -2.43% and a return on assets of -1.02%, both significantly below the industry norms for Environmental Services & Equipment. The operating income is negative at -2,564,098,080 KRW, and the net income is also negative at -6,138,892,180 KRW, indicating a loss-making position. These metrics suggest the company is underperforming relative to its industry peers in terms of generating returns for shareholders and asset utilization.

The company's revenue is concentrated in a single business segment, as disclosed in its financials, with no additional segment details provided. There is no geographic breakdown of revenue in the available data, making it difficult to assess the geographic exposure or diversification of the company's operations.

The company's growth trajectory is uncertain, with no specific revenue growth projections provided in the available data. The capital expenditure of -6,128,283,290 KRW indicates ongoing investment in the business, but the negative operating and free cash flows suggest that these investments are not yet generating positive returns. The company's ability to sustain or grow revenue will depend on its capacity to improve operational efficiency and reduce costs.

The risk assessment indicates a medium liquidity risk and a low dilution risk. The company's negative net cash position and negative operating cash flow are key liquidity concerns. There is no indication of dilution pressure in the near term, as the number of shares outstanding has not changed between basic and diluted shares. The company has not disclosed any recent equity issuance or dilution events in the available data.

There are no recent events or filings disclosed in the available data that would indicate significant changes in the company's operations or financial position. The company's financial performance and risk profile remain largely unchanged from the latest available data.

Shinsung E&G Co Ltd (011930.KS) has been formally classified within the Industrials economic sector, specifically under the Industrial Services activity. This taxonomic update provides a clearer framework for understanding the company's operational focus, aligning its market positioning with the broader industrial services landscape. Alongside this classification, the company’s risk profile has been updated with specific assessments. Dilution risk is now rated as low, suggesting a stable capital structure with minimal threat of share value erosion from new issuances. Conversely, liquidity risk has been assessed at a medium level, indicating that while the company maintains operational stability, investors should monitor its short-term asset conversion capabilities. These risk metrics offer a balanced view of the firm's financial health. The low dilution risk is a positive signal for existing shareholders, implying management’s discipline regarding equity issuance. However, the medium liquidity rating serves as a cautionary note, highlighting the need for continued attention to cash flow management and working capital efficiency. Currently, Shinsung E&G is followed by three analysts, providing a baseline level of market scrutiny. With no reported index memberships or disclosed top holders in the available data, the company’s market presence appears to be driven primarily by its operational classification and fundamental risk characteristics rather than broad institutional indexing or concentrated ownership structures.

Analysts project 72.4% upside to a consensus target price of 28,000 KRW, signaling strong market confidence.

The company maintains a debt-to-equity ratio of 0.87, which is below the cohort median of 0.43.

Cash conversion efficiency stands at 1.39, outperforming the environmental services cohort median of 0.95.

Capex intensity is above the cohort median, suggesting disciplined capital allocation relative to peers.

Dilution risk is assessed as low, providing a stable equity structure for current shareholders.

The company faces high credit risk, signaling potential difficulties in meeting financial obligations.

Revenue KRW 153.69B, +32,1% YoY; Operating income +57,4% YoY.

• ▍Revenue KRW 153.69B, +32,1% YoY
• ▍Operating income +57,4% YoY
• ▍Net income +55,3% YoY
• ▍Free cash flow +62,1% YoY
• ▍Net margin -2.0%

Revenue KRW 152.59B, −5,1% YoY; Operating income −68,7% YoY.

• ▍Revenue KRW 152.59B, −5,1% YoY
• ▍Operating income −68,7% YoY
• ▍Net income +256,0% YoY
• ▍Free cash flow +179,8% YoY
• ▍Net margin 2.1%

Revenue KRW 158.60B, +11,6% YoY; Operating income +104,7% YoY.

• ▍Revenue KRW 158.60B, +11,6% YoY
• ▍Operating income +104,7% YoY
• ▍Net income +65,2% YoY
• ▍Free cash flow +68,3% YoY
• ▍Net margin -2.1%

Revenue KRW 139.97B, −3,6% YoY; Operating income +231,0% YoY.

• ▍Revenue KRW 139.97B, −3,6% YoY
• ▍Operating income +231,0% YoY
• ▍Net income +103,3% YoY
• ▍Free cash flow +89,9% YoY
• ▍Net margin 0.1%

Revenue KRW 116.30B; Operating income -KRW 5.24B.

• ▍Revenue KRW 116.30B
• ▍Operating income -KRW 5.24B
• ▍Net margin -6.0%

Revenue KRW 160.77B; Operating income KRW 9.29B.

• ▍Revenue KRW 160.77B
• ▍Operating income KRW 9.29B
• ▍Net margin -1.3%

Revenue KRW 142.16B; Operating income -KRW 5.36B.

• ▍Revenue KRW 142.16B
• ▍Operating income -KRW 5.36B
• ▍Net margin -6.7%

Revenue KRW 145.28B; Operating income -KRW 2.56B.

• ▍Revenue KRW 145.28B
• ▍Operating income -KRW 2.56B
• ▍Net margin -4.2%

Revenue KRW 567.45B, −2,5% YoY; Operating income −80,2% YoY.

• ▍Revenue KRW 567.45B, −2,5% YoY
• ▍Operating income −80,2% YoY
• ▍Net income +50,3% YoY
• ▍Free cash flow +51,1% YoY
• ▍Net margin -1.2%

Revenue KRW 582.30B, +1,0% YoY; Operating income −6,5% YoY.

• ▍Revenue KRW 582.30B, +1,0% YoY
• ▍Operating income −6,5% YoY
• ▍Net income −186,8% YoY
• ▍Free cash flow −733,3% YoY
• ▍Net margin -2.4%

Revenue KRW 576.52B, −13,2% YoY; Operating income −66,9% YoY.

• ▍Revenue KRW 576.52B, −13,2% YoY
• ▍Operating income −66,9% YoY
• ▍Net income −52,5% YoY
• ▍Free cash flow −91,4% YoY
• ▍Net margin 2.8%

Revenue KRW 664.14B, +46,1% YoY; Operating income +315,2% YoY.

• ▍Revenue KRW 664.14B, +46,1% YoY
• ▍Operating income +315,2% YoY
• ▍Net income +314,6% YoY
• ▍Free cash flow +208,8% YoY
• ▍Net margin 5.1%