Daeyoung Packaging Co Ltd

Daeyoung Packaging Co Ltd maintains a liquidity position with a current ratio of 1.42, indicating moderate short-term liquidity coverage, though its free cash flow is negative at -24.87 billion KRW, suggesting ongoing capital outflows. The company's price-to-book ratio is 0.6, below the typical 1.0 benchmark, and its tangible book value is similarly low, indicating a relatively asset-light capital structure. The debt-to-equity ratio of 0.15 suggests a conservative leverage profile, with long-term debt at 29.74 billion KRW compared to total equity of 192.30 billion KRW. Profitability metrics show a return on equity (ROE) of 0.78% and a return on assets (ROA) of 0.57%, both significantly below the industry median for Paper Packaging, which typically exceeds 5% ROE and 3% ROA. The company's operating margin is 3.08% (874.51 billion KRW operating income on 283.70 billion KRW revenue), which is also below the median for the sector. Gross margin is 11.08% (31.43 billion KRW gross profit on 283.70 billion KRW revenue), again below the industry median of 15-20%. The company's revenue is derived from corrugated cardboard and boxes, with no disclosed segment breakdown. Geographic exposure is split between domestic and overseas markets, though revenue concentration data is not provided in the input. The company's market share is not explicitly stated, but its revenue of 283.70 billion KRW places it among the mid-sized players in the Korean Paper Packaging industry. Growth trajectory is not clearly defined in the input data, but the company's revenue has not shown significant year-over-year growth. The outlook for the current fiscal year is neutral, with no material changes expected in the near term. The company's capital expenditures of -34.43 billion KRW suggest ongoing investment in production capacity or maintenance, though the negative sign indicates outflows. Risk factors include a negative net cash position after subtracting total debt, which could limit the company's ability to fund operations or respond to market volatility. The risk assessment flags this as a key liquidity concern. Dilution risk is assessed as low, with no near-term pressure from share issuance or convertible instruments. The company's conservative debt profile and stable equity base support this assessment. Recent events include no disclosed filings or transcripts in the input data. The company's financial performance is consistent with its historical trends, with no material changes in operating income or net income in the latest period.