Worldex Industry & Trading Co Ltd

Worldex Industry & Trading Co Ltd maintains a strong liquidity position, with a current ratio of 3.69, indicating the company can easily cover its short-term liabilities with its current assets. The company's liquidity_fpt score of 0.85 suggests a robust ability to meet short-term obligations without relying on external financing. With cash and equivalents amounting to KRW 60,802,919,730, the firm has a solid financial buffer to support operations and strategic investments.

In terms of profitability, Worldex Industry & Trading Co Ltd reported a net income of KRW 14,988,651,520 and an operating income of KRW 14,355,725,670, reflecting a healthy return on equity (ROE) of 5.87% and a return on assets (ROA) of 4.42%. These figures are in line with the industry's preferred metrics, which emphasize ROIC and operating margins as key indicators of performance. The company's gross profit of KRW 20,097,986,740 supports a strong gross margin, indicating efficient cost management and pricing power in its product lines.

The company's revenue is primarily concentrated in its core semiconductor business, with no disclosed geographic or segment breakdown in the latest financials. However, the absence of detailed segment reporting suggests a relatively undiversified revenue model, which could expose the company to sector-specific risks. Given the global nature of the semiconductor industry, the company's exposure to geopolitical drivers such as trade tensions and supply chain disruptions remains a potential concern.

Looking ahead, the company is projected to maintain a stable growth trajectory, with a revenue outlook that suggests a modest increase in the next fiscal year. The company's capital expenditure of KRW -1,722,955,240 indicates a focus on maintaining and optimizing existing operations rather than aggressive expansion. This conservative approach to capital spending aligns with the company's current financial position and liquidity profile, which supports a measured growth strategy.

The risk assessment for Worldex Industry & Trading Co Ltd indicates a low probability of dilution and liquidity issues, with no immediate filing-based flags detected. The company's debt-to-equity ratio of 0.19 suggests a conservative capital structure, with long-term debt at KRW 48,638,973,640 and total equity at KRW 255,250,661,940. This low leverage position reduces financial risk and provides flexibility for future capital allocation decisions.

Recent events, including filings and transcripts, have not revealed any material changes in the company's strategic direction or financial health. The company's focus remains on core semiconductor operations, with no significant new product launches or market expansions disclosed in the latest available data.

Free cash flow surged to 44.2 billion KRW in the latest period, demonstrating strong cash generation capabilities.

The company maintains a conservative debt-to-equity ratio of 0.19, which is lower than the semiconductor cohort median of 0.24.

Cash conversion of 1.4 outperforms the semiconductor cohort median of 0.91, indicating efficient working capital management.

Revenue grew at an 11.3% CAGR over the last four years, showing consistent long-term top-line expansion.

Revenue contracted 4.9% year-over-year to 291.8 billion KRW, marking the first decline in the provided period.

Revenue KRW 288.09B, +12,6% YoY; Operating income +27,9% YoY.

• ▍Revenue KRW 288.09B, +12,6% YoY
• ▍Operating income +27,9% YoY
• ▍Net income +29,7% YoY
• ▍Free cash flow +159,2% YoY
• ▍Net margin 18.7%

Revenue KRW 255.93B, +34,7% YoY; Operating income +25,8% YoY.

• ▍Revenue KRW 255.93B, +34,7% YoY
• ▍Operating income +25,8% YoY
• ▍Net income +24,1% YoY
• ▍Free cash flow +39,1% YoY
• ▍Net margin 16.2%

Revenue KRW 190.06B; Operating income KRW 40.30B.

• ▍Revenue KRW 190.06B
• ▍Operating income KRW 40.30B
• ▍Net margin 17.6%