PIE Co Ltd
PIE Co Ltd provides IT services and consulting solutions, generating revenue primarily through service contracts and project-based engagements.
Business. PIE Co Ltd (452450.KQ) is a South Korean IT services and consulting firm operating within the Software & IT Services sector. The company provides information technology services, though specific operating segments and geographic breakdowns are not disclosed in the available data. It is headquartered in South Korea and is primarily listed on the Korean exchange under the ticker 452450.KQ.
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PIE Co Ltd (452450.KQ) is a South Korean IT services and consulting firm operating within the Software & IT Services sector. The company provides information technology services, though specific operating segments and geographic breakdowns are not disclosed in the available data. It is headquartered in South Korea and is primarily listed on the Korean exchange under the ticker 452450.KQ.
PIE Co Ltd's capital structure is characterized by a debt-to-equity ratio of 0.87, indicating a moderate reliance on debt financing. The company's liquidity position is assessed as medium, with a current ratio of 1.88, suggesting it can cover its short-term obligations but with limited excess. However, the company's net cash position is negative after subtracting total debt, signaling potential liquidity constraints.
Profitability metrics for PIE Co Ltd are notably weak, with a return on equity of -0.3968 and a return on assets of -0.1484, both significantly below the industry median for IT Services & Consulting. These figures indicate that the company is not generating returns that meet the cost of equity or assets, which is a red flag for investors.
The company's revenue is not segmented by geographic region or business line in the available data, making it difficult to assess geographic or product concentration risk. However, the lack of diversification in revenue sources could expose the company to regional or market-specific downturns.
PIE Co Ltd's growth trajectory is concerning, with negative operating and net income figures, and a free cash flow of -27.65 billion KRW. The company's operating cash flow is also negative, indicating that it is not generating sufficient cash from operations to sustain its activities. These financial indicators suggest a challenging outlook for the company in the near term.
The risk assessment for PIE Co Ltd highlights a medium liquidity risk and a low dilution risk. The company's negative net cash position after debt is a key flag, indicating potential difficulties in meeting long-term obligations. The low dilution risk suggests that the company is not currently issuing shares at a rate that would significantly dilute existing shareholders.
Recent events and filings for PIE Co Ltd have not been disclosed in the available data, so it is unclear whether there have been any significant developments that could impact the company's financial position or strategic direction.
- PIE Co Ltd is experiencing significant financial distress, with negative returns on equity and assets.
- The company's liquidity position is medium, with a current ratio of 1.88, but its net cash position is negative after subtracting total debt.
- Profitability metrics are well below industry medians, indicating poor performance relative to peers.
- The company's growth trajectory is negative, with declining operating and net income and a negative free cash flow.
- The risk assessment highlights medium liquidity risk and low dilution risk, with a key flag on the company's net cash position.
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- PIE Co Ltd Market data — financials · 2026-05-26