SaltWare Co Ltd

SaltWare's capital structure is characterized by a strong liquidity position, with cash and equivalents amounting to KRW 9,142,258,110, which represents a significant portion of its total assets. The company's price-to-book ratio is 4.72, indicating that the market values the company at a premium to its book value. However, the company's negative operating and net income suggest that it is not currently generating profits from its operations.

Profitability metrics for SaltWare are underperforming relative to industry norms. The company's return on equity is -1.81%, and its return on assets is -1.1%, both of which are negative and indicate that the company is not effectively utilizing its equity or assets to generate returns. These figures are below the typical performance expected in the IT Services & Consulting industry.

SaltWare's revenue is not segmented by geographic region or business line in the provided data, making it difficult to assess the geographic or product concentration of its revenue. However, the company's total revenue for the period is KRW 12,004,270,800, which is a key indicator of its market presence and operational scale.

The company's growth trajectory is currently negative, with a free cash flow of -KRW 5,225,350,370 and an operating cash flow of -KRW 912,702,180. These figures suggest that SaltWare is not generating sufficient cash from its operations to sustain or grow its business. The outlook for the current fiscal year does not indicate a significant improvement in these metrics.

Risk factors for SaltWare include its negative operating and net income, which could affect its ability to meet financial obligations and sustain operations. The company's liquidity risk is low, as it has a current ratio of 1.79, indicating that it has enough current assets to cover its current liabilities. However, the company's negative cash flows and lack of profitability could pose long-term risks to its financial stability.

Recent events and filings do not indicate any immediate liquidity or dilution risks for SaltWare. The company has not issued new shares recently, and there are no immediate filing-based flags that suggest a need for additional capital. The company's debt-to-equity ratio is 0.0, indicating that it is not currently leveraging debt to finance its operations.

Revenue grew 10% year-over-year to 63.7 billion KRW, demonstrating consistent top-line expansion in the latest fiscal period.

Net income surged 664.7% to 847.5 million KRW, marking a significant turnaround from the previous year's net loss.

Free cash flow turned positive at 875 million KRW, a 115.8% improvement indicating improved operational cash generation capabilities.

Operating income increased 131.3% to 566.2 million KRW, signaling a strong recovery in core business profitability metrics.

Cash conversion ratio of 2.23 ranks in the top quartile, outperforming the IT Services cohort median of 1.0.

Operating margin of -5.2% places the company in the bottom quartile, significantly underperforming the cohort median of 5.1%.

Return on equity of -1.8% falls in the bottom quartile, lagging far behind the positive 4.3% cohort median.

The company carries a high credit risk flag, suggesting potential difficulties in meeting financial obligations or maintaining stability.