Moorim P&P Co Ltd

Moorim P&P Co Ltd has a debt-to-equity ratio of 1.27, indicating a moderate reliance on debt financing, and a current ratio of 0.93, suggesting limited short-term liquidity. The company's free cash flow is negative at -28,675,887,920 KRW, and its operating cash flow is 41,451,928,000 KRW, which is insufficient to cover capital expenditures of -38,300,463,000 KRW. This implies that the company is reinvesting heavily in its operations, potentially to maintain or expand its market position.

The company's profitability is weak, with a return on equity of -0.72% and a return on assets of -0.28%, both of which are below the industry median for the Paper Products sector. These figures indicate that the company is not generating returns that meet the expectations of its shareholders or asset base. The net loss of -4,389,926,180 KRW further underscores the company's financial challenges.

Moorim P&P Co Ltd's revenue is concentrated in a single business segment, as disclosed in its financial statements, with no significant geographic diversification mentioned. This concentration could expose the company to higher risks if market conditions in its primary segment or region deteriorate.

The company's growth trajectory is uncertain, with no specific numeric deltas provided for the current or next fiscal year. However, the negative net income and the need for substantial capital expenditures suggest that the company may be facing operational or market challenges that could affect its growth prospects.

The risk assessment for Moorim P&P Co Ltd indicates a medium liquidity risk and a low dilution risk. The company's liquidity risk is primarily due to its negative net cash position after subtracting total debt, which could limit its ability to meet short-term obligations. The low dilution risk suggests that the company is not expected to issue a significant number of new shares in the near term, which is a positive sign for existing shareholders.

Recent events and filings do not provide specific details on new developments or strategic initiatives for Moorim P&P Co Ltd. The company's financial performance and risk profile suggest that it may need to implement cost-cutting measures or seek additional financing to improve its financial health.

Moorim P&P Co Ltd (009580.KS) has been formally classified within the Basic Materials economic sector, specifically under the Paper Products activity. This taxonomic update provides a clearer structural definition of the company’s operational focus, aligning its market identity with its core business functions. The risk profile for the company has also been established, with dilution risk assessed as low. This assessment suggests that existing shareholders face minimal threat from equity dilution, a positive indicator for capital structure stability. Conversely, liquidity risk has been categorized as medium. This designation highlights potential constraints in trading volume or market depth, which investors should monitor when executing trades or assessing short-term price volatility. These updates occur against a backdrop of limited external coverage, with the company currently tracked by only one analyst and holding no index memberships. The absence of top holder data further underscores the niche nature of its investor base, making these foundational risk and classification metrics particularly relevant for stakeholders.

Analysts project 85.7% upside to a consensus price target of 3,100 KRW, signaling strong market confidence.

Revenue grew at a 4.5% CAGR over four years, demonstrating consistent top-line expansion despite volatility.

The company returned to profitability in FY2025 with 22.5 billion KRW net income after a prior loss.

Dilution risk is assessed as low, protecting existing shareholders from significant equity value erosion.

Debt-to-equity ratio of 1.27 significantly exceeds the 0.46 industry median, indicating high leverage risk.

The company faces high credit risk, potentially increasing borrowing costs and limiting financial flexibility.

Net margin of -2.3% places the company in the bottom quartile of its peer cohort.

Revenue KRW 206.46B, +2,6% YoY; Operating income −36,1% YoY.

• ▍Revenue KRW 206.46B, +2,6% YoY
• ▍Operating income −36,1% YoY
• ▍Net income −592,9% YoY
• ▍Free cash flow −81,1% YoY
• ▍Net margin -8.6%

Revenue KRW 183.84B, −12,6% YoY; Operating income −217,3% YoY.

• ▍Revenue KRW 183.84B, −12,6% YoY
• ▍Operating income −217,3% YoY
• ▍Net income −234,7% YoY
• ▍Free cash flow +5,2% YoY
• ▍Net margin -4.8%

Revenue KRW 168.35B, −20,4% YoY; Operating income −105,1% YoY.

• ▍Revenue KRW 168.35B, −20,4% YoY
• ▍Operating income −105,1% YoY
• ▍Net income −92,8% YoY
• ▍Free cash flow −147,1% YoY
• ▍Net margin 0.7%

Revenue KRW 172.97B, −8,4% YoY; Operating income −257,4% YoY.

• ▍Revenue KRW 172.97B, −8,4% YoY
• ▍Operating income −257,4% YoY
• ▍Net income −95,8% YoY
• ▍Free cash flow −33,7% YoY
• ▍Net margin -5.0%

Revenue KRW 201.27B; Operating income -KRW 11.31B.

• ▍Revenue KRW 201.27B
• ▍Operating income -KRW 11.31B
• ▍Net margin 1.8%

Revenue KRW 210.23B; Operating income KRW 7.32B.

• ▍Revenue KRW 210.23B
• ▍Operating income KRW 7.32B
• ▍Net margin 3.1%

Revenue KRW 211.41B; Operating income KRW 26.50B.

• ▍Revenue KRW 211.41B
• ▍Operating income KRW 26.50B
• ▍Net margin 7.9%

Revenue KRW 188.74B; Operating income KRW 6.22B.

• ▍Revenue KRW 188.74B
• ▍Operating income KRW 6.22B
• ▍Net margin -2.3%

Revenue KRW 731.62B, −9,9% YoY; Operating income −222,4% YoY.

• ▍Revenue KRW 731.62B, −9,9% YoY
• ▍Operating income −222,4% YoY
• ▍Net income −250,6% YoY
• ▍Free cash flow −65,5% YoY
• ▍Net margin -4.6%

Revenue KRW 811.65B, +5,6% YoY; Operating income +312,4% YoY.

• ▍Revenue KRW 811.65B, +5,6% YoY
• ▍Operating income +312,4% YoY
• ▍Net income +202,4% YoY
• ▍Free cash flow +47,5% YoY
• ▍Net margin 2.8%

Revenue KRW 768.92B, −0,7% YoY; Operating income −122,0% YoY.

• ▍Revenue KRW 768.92B, −0,7% YoY
• ▍Operating income −122,0% YoY
• ▍Net income −148,9% YoY
• ▍Free cash flow −428,9% YoY
• ▍Net margin -2.9%

Revenue KRW 774.10B, +26,1% YoY; Operating income +104,7% YoY.

• ▍Revenue KRW 774.10B, +26,1% YoY
• ▍Operating income +104,7% YoY
• ▍Net income +141,7% YoY
• ▍Free cash flow +235,2% YoY
• ▍Net margin 5.8%