Ich financial statements

KRX:368600 · KOSDAQ
₩4,245-11.19%Oct 22 close

Ich's published financial data is dated 2026-10-18. 2024 revenue was KRW 64.57B. 2024 operating profit was −KRW 12.4B.

Reported results

Financial safety

Reference indicatorAs of 2024
Distress zoneFinancial-metric reference signal
Altman Z'' zoneZ'' -1.11
Distress
Grey
Safe
The marker shows the current Z'' value within the displayed zones.
Altman Z''
-1.11
Beneish M-Score
-3.52

No statistical flag

Sloan accrual
-14.43%

These are factual indicators of distress and manipulation risk. They are not investment advice and are for reference only, as they have not yet been validated.

Factual information, not investment advice.

Earnings quality · Piotroski F-Score

4/9Moderate

Piotroski measures year-over-year financial improvement, not absolute quality.

Financial improvement score4/9

Profitability

  • Positive ROANot passed
  • Positive OCFPass
  • Improving ΔROANot passed
  • Accruals (OCF > net income)Pass

Leverage & liquidity

  • Lower debtNot passed
  • Higher current ratioNot passed
  • No new sharesNot passed

Efficiency

  • Higher gross marginPass
  • Higher asset turnoverPass

Calculation note: F7 (new share issuance) is approximated by whether equity/assets was maintained (at least 95% of the prior year).

Already-stable companies may score lower when year-over-year improvement is limited.

Factual information, not investment advice.

Risk sensitivity — adverse assumptions

Metric changes under stated assumptions; not a forecast or investment advice.

Base metrics

Operating margin
-19.2%
Interest coverage
-3.1x
Return on equity (ROE)
-29.5%

Operating margin −5pp

Operating loss
Interest coverageBase -3.1x adverse case -3.9x
Return on equity (ROE)Base -29.5% adverse case -45.1%

Revenue −15%

Interest coverage risk
Interest coverageBase -3.1x adverse case -2.7x
Return on equity (ROE)Base -29.5% adverse case -33.4%

Interest rate +2pp

Interest coverage risk
Interest coverageBase -3.1x adverse case -2.3x
Return on equity (ROE)Base -29.5% adverse case -40.7%

Interest coverage limit

Already below the limit by 25.4pp

Interest coverage limit at an operating margin of 6.1%

Interest expense coverage threshold

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