Hanssak Co Ltd

Hanssak Co Ltd has a capital structure with a debt-to-equity ratio of 0.06, indicating a relatively low reliance on debt financing. The company's liquidity position is characterized by a current ratio of 3.38, suggesting it has sufficient short-term assets to cover its short-term liabilities. However, the company's operating cash flow is negative at -745,647,800 KRW, and its free cash flow is also negative at -2,467,171,330 KRW, indicating a cash outflow from operations. This is further compounded by a negative net income of -1,049,650,280 KRW and an operating loss of -1,172,917,290 KRW, which suggests the company is not currently generating positive earnings.

In terms of profitability, Hanssak's return on equity (ROE) is -3.04%, and its return on assets (ROA) is -2.59%, both of which are negative and significantly below the industry median for software companies. These metrics indicate that the company is not effectively utilizing its equity or assets to generate returns. The gross profit margin is 29.37%, which is derived from a gross profit of 1,001,855,140 KRW on total revenue of 3,409,749,970 KRW. While this margin is relatively healthy, it is not sufficient to offset the company's operating and net losses.

Hanssak's revenue is not segmented by geographic regions or product lines in the available data, making it difficult to assess the geographic or product concentration of its revenue. However, the company's total revenue of 3,409,749,970 KRW is compared against the revenue of its competitors, Microsoft, Salesforce, and ServiceNow, which are significantly larger in scale.

The company's growth trajectory is not clearly defined in the available data, as there are no specific numeric deltas provided for the current or next fiscal year. However, the negative operating and net income figures suggest that the company is not currently experiencing positive growth. The company's capital expenditure of -1,491,383,050 KRW indicates a significant investment in long-term assets, which could be a sign of expansion or modernization efforts.

The risk assessment for Hanssak Co Ltd highlights a medium liquidity risk and a low dilution risk. The company's key financial flag is a negative net cash position after subtracting total debt, which could pose challenges in maintaining liquidity. The dilution risk is low, indicating that the company is not expected to issue additional shares in the near term, which could dilute existing shareholders' equity.

Recent events and filings for Hanssak Co Ltd are not detailed in the available data, so there is no specific information on recent financial or operational developments. The company's financial performance and risk profile suggest that it is in a challenging position, with negative earnings and cash flows, and a need to improve its profitability and liquidity.

Revenue grew 28% year-over-year to 26.3 billion KRW, demonstrating strong top-line expansion despite recent profitability challenges.

Gross profit reached 10.7 billion KRW in FY0, indicating the core business retains significant margin potential before operating expenses.

The company maintains a low debt-to-equity ratio of 0.06, suggesting a conservative capital structure with limited leverage risk.

Dilution risk is assessed as low, providing reassurance to existing shareholders regarding potential equity value erosion from new issuances.

Credit risk is rated low, implying the company faces minimal immediate threat of default on its existing financial obligations.

Free cash flow turned deeply negative at -11.1 billion KRW, indicating the company is burning cash rather than generating it.

Long-term debt surged to 9.6 billion KRW in FY0, more than doubling from the prior year and increasing financial obligations.