Chinyang Poly Urethane Co Ltd

Chinyang Poly Urethane Co Ltd has a liquidity risk profile of medium severity, with a current ratio of 0.75 and negative net cash after subtracting total debt. The company's cash and equivalents amount to 1.22 million KRW, while its long-term debt stands at 35.63 billion KRW, resulting in a debt-to-equity ratio of 1.12. The company's profitability metrics show a return on equity of 5.12% and a return on assets of 2.14%. These figures are below the industry median for Commodity Chemicals, which typically sees ROE in the 7-9% range and ROA in the 3-4% range. The operating margin of 3.92% (calculated from operating income of 1.83 billion KRW on revenue of 46.63 billion KRW) is also below the industry median of 5.2%. The company's revenue is concentrated in a single business segment focused on polyurethane foam manufacturing. Geographic exposure is primarily domestic, with no disclosed international revenue streams. This concentration increases vulnerability to regional economic shifts and regulatory changes in South Korea. The company's growth trajectory is mixed. Revenue in the latest period was 46.63 billion KRW, but capital expenditures of 20.54 billion KRW contributed to a negative free cash flow of 19.81 billion KRW. Analysts estimate the last actual EPS at 643.70 KRW, but no forward-looking revenue or EPS guidance is available to assess near-term growth potential. The company's risk assessment highlights liquidity concerns, with a debt-to-equity ratio of 1.12 and a negative net cash position. Dilution risk is currently low, with no recent share issuance or ATM/shelf disclosures. However, the negative free cash flow and high capital expenditures may necessitate future financing, which could increase dilution risk. Recent events include the company's latest financial filing, which disclosed the negative free cash flow and high capital expenditures. No recent earnings call transcripts or material regulatory filings were identified in the input data. The company's business model remains focused on polyurethane foam manufacturing, with no disclosed strategic shifts or new product launches.