CoAsia CM Co Ltd

CoAsia CM Co Ltd has a liquidity position that is currently medium, with a debt-to-equity ratio of 0.9 and a current ratio of 1.04. The company's cash and equivalents amount to KRW 32,139,622,990, but this is offset by long-term debt of KRW 61,639,330,320, resulting in a net cash position that is negative after subtracting total debt. The company's free cash flow is positive at KRW 1,615,572,180, which may provide some flexibility in managing its capital structure.

The company's profitability is currently negative, with a return on equity of -1.18% and a return on assets of -0.49%. These figures indicate that the company is not generating returns that meet the cost of equity or assets, which is below the typical performance of the industry. The operating income is negative at KRW -1,222,794,060, and the net income is also negative at KRW -808,203,830. These metrics suggest that the company is facing challenges in maintaining profitability.

The company's revenue is concentrated in a single business segment, as disclosed in the financial snapshot. There is no detailed breakdown of geographic exposure or segment performance provided in the available data. The capital expenditure for the period is negative at KRW -2,633,232,270, indicating a reduction in capital spending.

The company's growth trajectory is uncertain, as there is no specific outlook provided for the current or next fiscal year. The operating cash flow is positive at KRW 2,545,567,620, which may support operations and reduce reliance on external financing. However, the negative net income and operating income suggest that the company may need to address underlying operational inefficiencies to achieve sustainable growth.

The risk assessment indicates a medium liquidity risk and a low dilution risk. The company's capital structure is characterized by a significant amount of long-term debt, which could pose a challenge if interest rates rise or if the company's credit rating is downgraded. The dilution risk is low, as there is no indication of a significant increase in shares outstanding. The company's financial position is further complicated by the negative net cash position after subtracting total debt.

There are no recent events or filings provided in the available data to indicate any significant changes in the company's operations or financial position. The absence of recent events suggests that the company may not have disclosed any material developments that could impact its financial performance or strategic direction.

Free cash flow surged 361.5% year-over-year to 10.2 billion KRW, demonstrating significant improvement in cash generation capabilities.

Operating income jumped 123.3% to 4.8 billion KRW, marking a strong turnaround from previous operating losses.

The company returned to profitability with 3.2 billion KRW net income, reversing a multi-year trend of net losses.

Revenue grew at a 9.5% compound annual growth rate over the last four years, indicating consistent top-line expansion.

Long-term debt decreased to 34.0 billion KRW from 53.1 billion KRW in FY-1, showing active deleveraging efforts.

The company faces high credit risk, signaling potential difficulties in meeting financial obligations or securing favorable financing.

Debt-to-equity ratio of 0.9 is in the bottom quartile, exceeding the 0.26 cohort median significantly.

Cash conversion ratio of -3.15 is in the bottom quartile, far worse than the 1.04 cohort median.