SK Eternix Co Ltd

SK Eternix maintains a capital structure characterized by significant leverage, with a debt-to-equity ratio of 1.68 and total liabilities of 1.04 trillion KRW against total equity of 273.0 billion KRW. The company holds 88.5 billion KRW in cash and equivalents, but this is insufficient to cover its 457.6 billion KRW in long-term debt, resulting in negative net cash. Liquidity is assessed as medium risk, supported by a current ratio of 0.89, which indicates that current liabilities exceed current assets. Despite negative operating cash flow of -25.2 billion KRW, the company reports positive free cash flow of 43.9 billion KRW, driven by relatively low capital expenditures of -13.8 billion KRW.

Profitability metrics show a return on equity of 9.02% and a return on assets of 1.87%, reflecting modest efficiency in utilizing its asset base of 1.32 trillion KRW. The company generated net income of 30.7 billion KRW on revenue of 385.6 billion KRW, yielding a net margin of approximately 7.97%. Operating income stands at 53.1 billion KRW, indicating a healthy operating margin of roughly 13.77% before interest and taxes. These returns are derived from a gross profit of 78.0 billion KRW, suggesting a gross margin of 20.22%, which is typical for utility and power generation businesses with high fixed costs.

Revenue concentration and segment details are not explicitly provided in the available data, preventing a detailed analysis of geographic or product-specific exposure. The company's total revenue of 385.6 billion KRW serves as the primary top-line metric, with no further breakdown available to assess diversification risks or specific growth drivers within different business units.

Growth trajectory analysis is limited due to the absence of historical period data in the input. Without multi-year revenue or net income trends, it is not possible to evaluate the company's historical growth rates or consistency. The current financial snapshot provides a static view of performance, lacking the temporal context necessary to determine whether the company is in a growth, maturity, or decline phase relative to its peers.

Risk assessment highlights medium liquidity risk and low dilution risk. The key flag notes that net cash is negative after subtracting total debt, emphasizing the company's reliance on external financing or future cash flows to service its obligations. The low dilution risk is supported by the fact that basic and diluted shares outstanding are identical at 34.0 million shares, indicating no significant options or convertible securities currently impacting share count.

Recent events and market sentiment are reflected in analyst estimates, with a mean price target of 54,333.33 KRW and a median target of 60,000.00 KRW, suggesting potential upside from the current market price of 42,850.00 KRW. The mean recommendation of 1.33, driven by two strong-buy and one buy rating, indicates strong analyst confidence in the company's prospects. No specific filing, news, or transcript observations are provided to detail recent corporate actions or strategic announcements.

Revenue KRW 27.52B, +6,1% YoY; Operating income +757,3% YoY.

• ▍Revenue KRW 27.52B, +6,1% YoY
• ▍Operating income +757,3% YoY
• ▍Net income −622,0% YoY
• ▍Free cash flow −76,1% YoY
• ▍Net margin -18.6%

Revenue KRW 247.96B, +62,0% YoY; Operating income +63,6% YoY.

• ▍Revenue KRW 247.96B, +62,0% YoY
• ▍Operating income +63,6% YoY
• ▍Net income +3,6% YoY
• ▍Free cash flow +27,0% YoY
• ▍Net margin 8.3%

Revenue KRW 46.43B, −71,0% YoY; Operating income −90,9% YoY.

• ▍Revenue KRW 46.43B, −71,0% YoY
• ▍Operating income −90,9% YoY
• ▍Net income −174,8% YoY
• ▍Free cash flow −156,3% YoY
• ▍Net margin -10.9%

Revenue KRW 65.32B, +366,8% YoY; Operating income +507,1% YoY.

• ▍Revenue KRW 65.32B, +366,8% YoY
• ▍Operating income +507,1% YoY
• ▍Net income +630,3% YoY
• ▍Free cash flow +749,1% YoY
• ▍Net margin 21.9%

Revenue KRW 25.93B; Operating income KRW 1.06B.

• ▍Revenue KRW 25.93B
• ▍Operating income KRW 1.06B
• ▍Net margin 3.8%

Revenue KRW 153.05B; Operating income KRW 25.15B.

• ▍Revenue KRW 153.05B
• ▍Operating income KRW 25.15B
• ▍Net margin 12.9%

Revenue KRW 385.64B, +16,1% YoY; Operating income +41,2% YoY.

• ▍Revenue KRW 385.64B, +16,1% YoY
• ▍Operating income +41,2% YoY
• ▍Net income +37,3% YoY
• ▍Free cash flow +38,8% YoY
• ▍Net margin 8.0%

Revenue KRW 332.15B; Operating income KRW 37.61B.

• ▍Revenue KRW 332.15B
• ▍Operating income KRW 37.61B
• ▍Net margin 6.7%