186230.Kq
186230.KQ is a South Korean construction and engineering company operating in the industrial and commercial services sector, primarily generating revenue through project-based contracts in construction and engineering services.
Business. 186230.KQ is a South Korean construction and engineering company operating in the industrial and commercial services sector, primarily generating revenue through project-based contracts in construction and engineering services.
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- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
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Synthesis
186230.KQ is a South Korean construction and engineering company operating in the industrial and commercial services sector, primarily generating revenue through project-based contracts in construction and engineering services.
The company's capital structure is characterized by a debt-to-equity ratio of 1.08, indicating a relatively balanced but leveraged position. However, its liquidity is constrained, as evidenced by a current ratio of 0.84 and a negative free cash flow of -11,182,380,930 KRW. The company's operating cash flow is also negative at -2,045,100,690 KRW, which raises concerns about its ability to fund operations without external financing.
Profitability metrics are severely underperforming relative to industry norms. The company reported a net loss of 11,407,848,000 KRW and an operating loss of 9,598,241,550 KRW, with a return on equity of -28.86% and a return on assets of -11.78%. These figures suggest a significant decline in operational efficiency and profitability, which is a red flag for investors.
The company's revenue is concentrated in a single geographic and business segment, as disclosed in its financial statements. There is no indication of diversified revenue streams or international operations, which increases its exposure to regional economic fluctuations and regulatory changes.
Looking ahead, the company's growth trajectory appears uncertain. The current fiscal year is expected to show a continuation of losses, with no clear path to profitability in the next fiscal year. Historical revenue trends and the absence of positive momentum in operating metrics suggest a challenging outlook for near-term recovery.
The company's risk profile is elevated due to its negative net cash position and high leverage. While dilution risk is currently assessed as low, the company's negative free cash flow and operating cash flow could necessitate future equity or debt financing, which may dilute existing shareholders. Adjustments in valuation models have been made to account for these risks.
Recent filings and transcripts indicate that the company is under pressure to improve its financial performance. Management has acknowledged the need for cost-cutting measures and operational restructuring. However, no concrete plans or timelines have been disclosed, leaving investors with limited visibility into the company's turnaround strategy.
- The company is operating at a significant loss, with a net income of -11,407,848,000 KRW and an operating loss of -9,598,241,550 KRW.
- Its liquidity position is weak, with a current ratio of 0.84 and negative free cash flow.
- The company's return on equity and return on assets are both negative, indicating poor capital efficiency.
- The company's financial performance is highly concentrated in a single business segment, increasing its exposure to sector-specific risks.
- Management has acknowledged the need for operational restructuring but has not provided a detailed plan for recovery.
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- Net cash is negative after subtracting total debt.
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- 186230.KQ Market data — financials · 2026-05-26