MX On Corp

MX On Corp's capital structure shows a debt-to-equity ratio of 0.55, indicating moderate leverage. The company holds 12.1 billion KRW in cash and equivalents, but with 40.6 billion KRW in long-term debt, net cash is negative. Free cash flow is -5.7 billion KRW, and operating cash flow is -540 million KRW, signaling liquidity constraints. The price-to-book ratio of 1.31 suggests market valuation is slightly above tangible asset value. Profitability metrics show a return on equity of 2.31% and return on assets of 0.87%, both below the industry median for electrical components and equipment. Gross margin is 26.3%, but operating income is negative at -6.1 billion KRW, indicating cost overruns or pricing pressures. Net income of 1.7 billion KRW is positive but narrow, suggesting operational inefficiencies. The company's revenue is concentrated in undisclosed segments and geographies, as no segmental breakdown is provided. International markets are mentioned but not quantified, limiting visibility on geographic diversification. Revenue growth is not disclosed, but the company's operating income has turned negative, suggesting a contraction in profitability. Free cash flow has deteriorated significantly, with capital expenditures at -1.35 billion KRW, indicating ongoing investment in infrastructure. Risk factors include liquidity constraints, with negative net cash and declining operating cash flow. Dilution risk is low, but the company's negative operating income and free cash flow could pressure future capital structure. No recent events or filings are disclosed in the input data.