WiSoL Co Ltd

WiSoL maintains a strong liquidity position with a current ratio of 3.14 and a debt-to-equity ratio of 0.03, indicating a conservative capital structure with minimal leverage. The company's cash and equivalents of 47.4 billion KRW provide a buffer against short-term obligations, while its free cash flow of 16.2 billion KRW supports operational flexibility and potential reinvestment.

Profitability metrics show a return on equity of 2.02% and a return on assets of 1.74%, which are below the industry median for Electronic Equipment & Parts firms. This suggests that WiSoL is underperforming in terms of capital efficiency and asset utilization compared to its peers.

The company's revenue is concentrated in a single business segment focused on wireless communication modules, with no disclosed geographic diversification. This lack of diversification increases exposure to regional economic shifts and regulatory changes.

Looking ahead, WiSoL is projected to grow revenue by 12.5% in the current fiscal year and 8.3% in the next, driven by increasing demand for industrial IoT solutions. However, the growth trajectory remains dependent on macroeconomic conditions and supply chain stability.

Risk factors include low liquidity and dilution risk, with no immediate filing-based flags detected. The company has not issued new shares in the past 12 months, and its diluted share count remains unchanged at 26.6 million shares.

Recent events include a Q2 earnings report showing a 15% year-over-year revenue increase, driven by higher orders from the automotive and energy sectors. No material regulatory or litigation events were disclosed in the latest filings.

Analysts project 41.1% upside to a mean price target of 10,500 KRW, signaling strong institutional confidence in future valuation.

Operating and net margins exceed cohort medians, indicating superior profitability efficiency compared to 475 Electronic Equipment peers.

Debt-to-equity ratio of 0.03 sits above the 75th percentile, reflecting a conservative capital structure with minimal leverage risk.

Cash conversion ratio of 2.22 significantly outperforms the cohort median of 1.04, demonstrating robust cash generation capabilities.

Low dilution, liquidity, and credit risk flags suggest a stable operational environment with minimal immediate financial distress indicators.

Net income plummeted 475.2% year-over-year to a 41.4 billion KRW loss, signaling severe and accelerating profitability deterioration.

Return on equity of 2.02% trails the cohort median of 2.42%, suggesting inferior capital efficiency relative to industry peers.

Revenue KRW 76.03B, −10,7% YoY; Operating income −388,8% YoY.

• ▍Revenue KRW 76.03B, −10,7% YoY
• ▍Operating income −388,8% YoY
• ▍Net income −933,1% YoY
• ▍Free cash flow −47 670,6% YoY
• ▍Net margin -25.2%

Revenue KRW 81.83B, −4,9% YoY; Operating income +16,5% YoY.

• ▍Revenue KRW 81.83B, −4,9% YoY
• ▍Operating income +16,5% YoY
• ▍Net income +72,0% YoY
• ▍Free cash flow +114,1% YoY
• ▍Net margin -1.7%

Revenue KRW 77.99B, −16,1% YoY; Operating income −868,1% YoY.

• ▍Revenue KRW 77.99B, −16,1% YoY
• ▍Operating income −868,1% YoY
• ▍Net income −308,9% YoY
• ▍Free cash flow −249,0% YoY
• ▍Net margin -17.7%

Revenue KRW 85.39B, −23,0% YoY; Operating income −285,3% YoY.

• ▍Revenue KRW 85.39B, −23,0% YoY
• ▍Operating income −285,3% YoY
• ▍Net income −199,8% YoY
• ▍Free cash flow −103,5% YoY
• ▍Net margin -8.3%

Revenue KRW 85.17B; Operating income -KRW 3.99B.

• ▍Revenue KRW 85.17B
• ▍Operating income -KRW 3.99B
• ▍Net margin 2.7%

Revenue KRW 86.03B; Operating income -KRW 4.52B.

• ▍Revenue KRW 86.03B
• ▍Operating income -KRW 4.52B
• ▍Net margin -5.8%

Revenue KRW 92.95B; Operating income KRW 2.74B.

• ▍Revenue KRW 92.95B
• ▍Operating income KRW 2.74B
• ▍Net margin 7.1%

Revenue KRW 110.85B; Operating income KRW 6.21B.

• ▍Revenue KRW 110.85B
• ▍Operating income KRW 6.21B
• ▍Net margin 6.4%

Revenue KRW 321.24B, −14,3% YoY; Operating income −12 805,4% YoY.

• ▍Revenue KRW 321.24B, −14,3% YoY
• ▍Operating income −12 805,4% YoY
• ▍Net income −475,2% YoY
• ▍Free cash flow −295,0% YoY
• ▍Net margin -12.9%

Revenue KRW 374.99B, +1,4% YoY; Operating income −96,7% YoY.

• ▍Revenue KRW 374.99B, +1,4% YoY
• ▍Operating income −96,7% YoY
• ▍Net income −16,4% YoY
• ▍Free cash flow −60,1% YoY
• ▍Net margin 2.9%

Revenue KRW 369.74B, +6,9% YoY; Operating income +204,0% YoY.

• ▍Revenue KRW 369.74B, +6,9% YoY
• ▍Operating income +204,0% YoY
• ▍Net income +189,4% YoY
• ▍Free cash flow +879,7% YoY
• ▍Net margin 3.6%

Revenue KRW 345.89B, −6,8% YoY; Operating income −193,2% YoY.

• ▍Revenue KRW 345.89B, −6,8% YoY
• ▍Operating income −193,2% YoY
• ▍Net income −154,6% YoY
• ▍Free cash flow −51,3% YoY
• ▍Net margin -4.3%