Iljin Holdings Co Ltd

Iljin Holdings maintains a conservative capital structure with a debt-to-equity ratio of 0.33 and a current ratio of 1.61, indicating adequate short-term liquidity coverage. The balance sheet shows total assets of 2.34 trillion KRW against total liabilities of 1.82 trillion KRW, with cash and equivalents standing at 203 billion KRW. Long-term debt is recorded at 172 billion KRW, which is well-covered by the company's cash position, suggesting low immediate liquidity risk. The company generates positive operating cash flow of 108 billion KRW and free cash flow of 60 billion KRW, supporting its ability to service debt and fund operations without external financing pressure.

Profitability metrics indicate modest returns, with a return on equity (ROE) of 6.69% and a return on assets (ROA) of 1.5%. The company reports a net income of 35.2 billion KRW on revenues of 2.28 trillion KRW, resulting in a net margin of approximately 1.54%. Operating income stands at 145.6 billion KRW, reflecting an operating margin of roughly 6.38%. While the valuation multiples are compressed, with a P/E ratio of 7.27 and an EV/EBITDA of 1.54, the low ROE suggests that the company is not generating high returns on its equity base relative to its asset intensity. The price-to-book ratio of 0.49 indicates the market values the company at a significant discount to its book value, potentially reflecting concerns over asset quality or future growth prospects.