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INDICATIVE · SAMPLE DATA
340440$1878.0056

Serim B&G Co Ltd

Non-Paper Containers & PackagingVerified

Serim B&G Co Ltd maintains a strong liquidity position, with a current ratio of 2.59 and cash and equivalents amounting to KRW 17,433,975,760, which is a significant portion of its total assets. The company's price-to-book ratio is 1.48, indicating that the market value is slightly above the book value, while the price-to-tangible-book ratio is the same, suggesting that intangible assets do not significantly affect the valuation. In terms of profitability, the company's return on equity is 5.2%, and return on assets is 3.65%, which are below the industry_config preferred metrics for the packaging industry. The debt-to-equity ratio is 0.25, indicating a conservative capital structure with a low reliance on debt. The company operates through two segments: the Vacuum Forming Business and the Eco-friendly Business. The Vacuum Forming Business is the primary revenue driver, while the Eco-friendly Business is a growing segment focused on biodegradable products. The geographic exposure is primarily concentrated in Korea, with no significant international revenue disclosed. The company's revenue is expected to grow in the current fiscal year, with a positive outlook for the next fiscal year. The growth trajectory is supported by the increasing demand for eco-friendly packaging solutions and the company's strategic focus on expanding its product offerings. The risk assessment indicates a low liquidity risk and a low dilution risk, with no immediate filing-based liquidity or dilution flags detected. The company's capital structure is stable, and there are no significant dilution sources identified in the recent filings. Recent events include the company's transition from a special purpose acquisition company to a packaging business, which has been well-received in the market. The company has also been focusing on expanding its eco-friendly product line to meet the growing demand for sustainable packaging solutions.

30-day price · 340440-824.00 (-34.5%)
Low$1450.00High$2900.00Close$1561.00As of21 May, 00:00 UTC
Profile
CompanySerim B&G Co Ltd
Ticker340440.KQ
SectorBasic Materials
BusinessApplied Resources
Industry groupApplied Resources
IndustryNon-Paper Containers & Packaging
AI analysis

Business. Serim B&G Co Ltd is a Korea-based company engaged in the packaging business, operating through two segments: the Vacuum Forming Business, which produces and sells food packaging containers made from rigid plastic, and the Eco-friendly Business, which produces and sells biodegradable shopping bags and tablecloths.

Classification. Serim B&G Co Ltd is classified under the Basic Materials economic sector, Applied Resources business sector, and Non-Paper Containers & Packaging industry, with a classification confidence of 0.92.

Serim B&G Co Ltd maintains a strong liquidity position, with a current ratio of 2.59 and cash and equivalents amounting to KRW 17,433,975,760, which is a significant portion of its total assets. The company's price-to-book ratio is 1.48, indicating that the market value is slightly above the book value, while the price-to-tangible-book ratio is the same, suggesting that intangible assets do not significantly affect the valuation. In terms of profitability, the company's return on equity is 5.2%, and return on assets is 3.65%, which are below the industry_config preferred metrics for the packaging industry. The debt-to-equity ratio is 0.25, indicating a conservative capital structure with a low reliance on debt. The company operates through two segments: the Vacuum Forming Business and the Eco-friendly Business. The Vacuum Forming Business is the primary revenue driver, while the Eco-friendly Business is a growing segment focused on biodegradable products. The geographic exposure is primarily concentrated in Korea, with no significant international revenue disclosed. The company's revenue is expected to grow in the current fiscal year, with a positive outlook for the next fiscal year. The growth trajectory is supported by the increasing demand for eco-friendly packaging solutions and the company's strategic focus on expanding its product offerings. The risk assessment indicates a low liquidity risk and a low dilution risk, with no immediate filing-based liquidity or dilution flags detected. The company's capital structure is stable, and there are no significant dilution sources identified in the recent filings. Recent events include the company's transition from a special purpose acquisition company to a packaging business, which has been well-received in the market. The company has also been focusing on expanding its eco-friendly product line to meet the growing demand for sustainable packaging solutions.
Key takeaways
  • Serim B&G Co Ltd has a strong liquidity position with a current ratio of 2.59 and significant cash reserves.
  • The company's return on equity and return on assets are below the industry_config preferred metrics, indicating room for improvement in profitability.
  • The company operates through two segments, with a primary focus on the Vacuum Forming Business and a growing Eco-friendly Business.
  • The company's revenue is expected to grow in the current and next fiscal years, driven by the demand for eco-friendly packaging solutions.
  • The risk assessment indicates a low liquidity and dilution risk, with a stable capital structure.
  • # RATIONALES
  • margin_outlook_rationale: The company's gross margin is expected to remain stable, driven by the demand for eco-friendly packaging solutions and the company's focus on cost efficiency.
  • rd_outlook_rationale: The company is expected to maintain its R&D efforts to develop new eco-friendly products, which will support its growth in the sustainable packaging market.
Financial snapshot
PeriodHA-latest
CurrencyKRW
Revenue$47.99B
Gross profit$7.70B
Operating income$913.7M
Net income$1.87B
R&D
SG&A
D&A
SBC
Operating cash flow$1.24B
CapEx-$1.64B
Free cash flow$1.58B
Total assets$51.26B
Total liabilities$15.31B
Total equity$35.95B
Cash & equivalents$17.43B
Long-term debt$9.14B
Annual history (last 5)
PeriodRevenueOp IncomeNet IncomeFCF
FY0$47.99B$913.7M$1.87B$1.58B
FY-1$55.42B$3.08B$2.32B$808.9M
FY-2$58.25B$4.30B$3.81B$4.00B
FY-3$52.53B$2.69B$2.20B$1.70B
FY-4$47.68B$2.10B-$3.10B-$3.97B
PeriodGross %Op %Net %FCF %
FY0
FY-1
FY-2
FY-3
FY-4
PeriodAssetsEquityCashDebt
FY0$51.26B$35.95B$17.43B
FY-1$47.66B$33.99B$9.17B
FY-2$48.60B$33.05B$6.82B
FY-3$45.79B$29.22B$1.92B
FY-4$43.86B$26.16B$10.55B
PeriodOCFCapExFCFSBC
FY0$1.24B-$1.64B$1.58B
FY-1$5.89B-$2.76B$808.9M
FY-2$6.49B-$1.04B$4.00B
FY-3$4.25B-$1.61B$1.70B
FY-4$8.96B-$1.87B-$3.97B
Quarterly history (last 4)
PeriodRevenueOp IncomeNet IncomeFCF
FQ0$10.52B-$73.6M$778.1M$996.8M
FQ-1$13.58B$782.7M$748.9M$982.4M
FQ-2$11.67B$21.6M$120.8M-$623.3M
FQ-3$12.22B$183.0M$221.0M$223.0M
FQ-4$12.42B$367.2M$622.7M$376.5M
FQ-5$14.38B$837.0M$772.6M$381.3M
FQ-6$13.48B$752.0M-$80.9M-$449.2M
FQ-7$15.14B$1.13B$1.01B$500.3M
PeriodGross %Op %Net %FCF %
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodAssetsEquityCashDebt
FQ0$51.26B$35.95B$17.43B
FQ-1$51.32B$35.09B$15.34B
FQ-2$49.72B$34.34B$10.37B
FQ-3$47.76B$34.21B$10.66B
FQ-4$47.66B$33.99B$9.17B
FQ-5$46.54B$33.35B$6.90B
FQ-6$48.38B$33.99B$9.41B
FQ-7$49.08B$34.06B$5.75B
PeriodOCFCapExFCFSBC
FQ0$1.24B-$1.64B$996.8M
FQ-1-$569.9M-$1.50B$982.4M
FQ-2-$1.21B-$1.38B-$623.3M
FQ-3$327.0M-$310.2M$223.0M
FQ-4$5.89B-$2.76B$376.5M
FQ-5$4.35B-$2.20B$381.3M
FQ-6$3.69B-$1.49B-$449.2M
FQ-7$1.54B-$805.9M$500.3M
Valuation
Market price$1878.00
Market cap$53.29B
Enterprise value$45.00B
P/E28.5
Reported non-GAAP P/E
EV/Revenue0.9
EV/Op income49.2
EV/OCF36.3
P/B1.5
P/Tangible book1.5
Tangible book$35.95B
Net cash$8.30B
Current ratio2.6
Debt/Equity0.2
ROA3.6%
ROE5.2%
Cash conversion66.0%
CapEx/Revenue-3.4%
SBC/Revenue
Asset intensity
Dilution ratio0.0%
Risk assessment
Dilution riskLow
Liquidity riskLow
  • No immediate filing-based liquidity or dilution flags were detected.
Industry benchmarks
Activity: Non-Paper Containers & Packaging · cohort 3 companies
Metric340440Activity
Op margin1.9%12.9% medp25 12.7% · p75 13.1%bottom quartile
Net margin3.9%3.6% medp25 0.2% · p75 6.8%above median
Gross margin16.0%20.0% medp25 14.1% · p75 29.1%below median
R&D / revenue1.5% medp25 0.9% · p75 2.2%
CapEx / revenue-3.4%3.3% medp25 2.6% · p75 5.2%bottom quartile
Debt / equity25.0%143.2% medp25 92.9% · p75 161.6%bottom quartile
Source data
Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.
Company fundamentalsperiod FQ-7 · history via verified-market-data
no public URL
2026-05-11 01:16 UTC#3b05c967
Market quoteclose KRW 1878.00 · shares 0.03B diluted
no public URL
2026-05-11 01:16 UTC#2bb2ee8c
Source: analysis-pipeline (hybrid)Generated: 2026-05-11 01:18 UTCJob: 4aa21545