Sama Aluminium Co Ltd

Sama Aluminium Co Ltd maintains a liquidity position with a current ratio of 2.0, indicating the company can cover its short-term liabilities with its short-term assets. The company's liquidity_fpt score suggests a medium liquidity risk, with a negative net cash position after subtracting total debt. The price-to-book ratio of 5.3 and price-to-tangible-book ratio of 5.3 suggest the company is trading at a premium to its book value.

The company's profitability metrics are weak, with a return on equity (ROE) of 0.0008 and return on assets (ROA) of 0.0005, both significantly below the industry median for aluminum mining. The operating margin is 5.84% (calculated from operating income of 400.3 billion KRW on revenue of 685.45 billion KRW), which is also below the industry average for capital-intensive mining operations.

Sama Aluminium Co Ltd's revenue is concentrated in a single business segment, with no disclosed geographic diversification in the latest financial report. The company's revenue concentration in aluminum mining exposes it to commodity price volatility and supply chain disruptions in the metals and mining sector.

The company's growth trajectory is constrained, with no disclosed revenue growth in the latest fiscal year and a negative free cash flow of -8.81 billion KRW. The capital expenditure of -22.57 billion KRW indicates significant investment in mining infrastructure, but the lack of revenue growth suggests these investments have not yet translated into higher output or pricing power.

The risk assessment indicates a low dilution risk, with no near-term pressure from share issuance or convertible debt. However, the company's debt-to-equity ratio of 0.5 and long-term debt of 127.39 billion KRW suggest moderate leverage risk, particularly in a capital-intensive industry like aluminum mining. The negative net cash position after subtracting total debt is a key flag in the risk assessment.

Recent filings and transcripts show no material changes in the company's operations or strategy in the past 12 months. The company has not disclosed any new projects or partnerships that would significantly alter its revenue streams or cost structure.

Sam-a Aluminum Co Ltd (006110.KS) has been formally classified within the Mining activity and Basic Materials economic sector, marking a significant structural update to its corporate profile. This taxonomy classification, identified as a medium-severity change, establishes the company’s operational identity within the broader industrial landscape, providing a clearer framework for sector-specific analysis and peer comparison. Alongside this sectoral definition, the company’s risk assessment profile has been initialized with specific metrics. Dilution risk is now rated as low, indicating a stable capital structure with minimal immediate threat of share value erosion from new issuances. This assessment provides investors with a baseline understanding of the equity stability associated with the firm. Conversely, liquidity risk has been assessed at a medium level. This classification suggests that while the company maintains operational viability, there may be moderate constraints or volatility in its ability to meet short-term financial obligations or trade volume expectations. This metric serves as a key indicator for monitoring the company’s financial flexibility and market depth. These updates collectively refine the analytical view of Sam-a Aluminum Co Ltd, transitioning it from an unclassified entity to one with defined sectoral and risk parameters. The combination of a low dilution risk and medium liquidity risk, set against the backdrop of the Basic Materials sector, offers a foundational context for evaluating the company’s future performance and investment characteristics.

Sama Aluminium ranks best-in-class for cash conversion at 28.79, significantly outperforming the cohort median of 0.8.

The company maintains a debt-to-equity ratio of 0.5, which is above the median and indicates manageable leverage.

Revenue demonstrated positive growth of 7.8% year-over-year in the latest fiscal period, indicating top-line expansion.

Dilution risk is assessed as low, suggesting limited immediate threat to existing shareholder equity value.

The company faces high credit risk, raising concerns about its ability to meet financial obligations.

Operating margin of 0.58% places Sama Aluminium in the bottom quartile compared to the aluminum cohort median.