Solus Advanced Materials Co. Ltd.: debt-to-equity, ROE and more
KOSPI, Legal name Solus Advanced Materials Co. Ltd.
Latest figures are the FY2025 consolidated summary statements.
Latest fiscal year ratios (computed here)
- Debt/equity
- 128.5%
- Equity ratio
- 43.8%
- ROE
- -14.6%
- Op. margin
- -11.9%
- Rev. growth
- 7.9%
- Interest coverage
- n/a
Condition flags
- Latest operating profit is not above zero, or not reported.
- Operating loss for 4 straight years.
- Total equity is above paid-in capital. Not capital-impaired.
Interest coverage and dividends (OpenDART)
Interest expense and dividends come from DART's OpenDART annual-report filings, not the FSC summary statements used above. The source differs from the other tables on this page.
Interest coverage = operating profit ÷ interest expenseNo interest expense value yet for this company. Most companies fold interest expense into a single finance-costs line on their income statement, so it cannot be pulled out separately. Interest coverage is not computed here.
Dividends, last 3 fiscal years
| Fiscal year | Cash dividend per share | Payout ratio |
|---|---|---|
| 2025 | n/a | 5.9% |
| 2024 | ₩10 | 2.4% |
| 2023 | ₩100 | 1.9% |
No cash dividend in the latest fiscal year, or no value reported.
Source values from the OpenDART (금융감독원 전자공시) annual report. Report fiscal year 2025.
Ratios by year (computed here)
Debt-to-equity = total liabilities ÷ total equity × 100Equity ratio = total equity ÷ total assets × 100ROE = net income ÷ year-end total equity × 100Operating margin = operating profit ÷ revenue × 100Revenue growth = (this year − last year) ÷ last year × 100
Computed from the source figures above with these formulas. Where the source's own debt-to-equity differs from ours, both are shown for that year.
| Fiscal year | Debt/equity | Equity ratio | ROE | Op. margin | Rev. growth |
|---|---|---|---|---|---|
| FY2021 consolidated | 93.7% | 51.6% | 0.0% | 0.5% | n/a |
| FY2022 consolidated | 59.1% | 62.8% | -5.1% | -9.8% | 21.0% |
| FY2023 consolidated | 61.3% | 62.0% | 12.0% | -17.0% | -6.9% |
| FY2024 consolidated | 90.5% | 52.5% | -3.9% | -9.5% | 33.0% |
| FY2025 consolidated | 128.5% | 43.8% | -14.6% | -11.9% | 7.9% |
Source figures (FSC summary statements)
Amounts are the source values, shortened. A cell reported as zero may be blank in the source, so it is not used in any ratio.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | ₩381.2B | ₩461.2B | ₩429.4B | ₩570.9B | ₩616.1B |
| Operating profit | ₩2.0B | -₩45.2B | -₩73.2B | -₩54.4B | -₩73.3B |
| Pre-tax income | ₩606.7M | -₩36.7B | ₩188.4B | -₩37.4B | -₩138.2B |
| Net income | ₩154.9M | -₩47.2B | ₩126.8B | -₩42.7B | -₩138.4B |
| Total assets | ₩1.01T | ₩1.46T | ₩1.71T | ₩2.08T | ₩2.16T |
| Total liabilities | ₩489.4B | ₩542.9B | ₩648.5B | ₩987.9B | ₩1.21T |
| Total equity | ₩522.2B | ₩918.1B | ₩1.06T | ₩1.09T | ₩945.6B |
| Paid-in capital | ₩4.0B | ₩4.5B | ₩4.5B | ₩9.1B | ₩9.1B |
| Debt/equity (source value) | 93.7% | 59.1% | 61.3% | 90.5% | 128.5% |
Company outline (FSC)
- Market
- KOSPI
- Fiscal year end
- Dec
- Founded
- 2019-10-01
- Listed
- 19/10/18
- Employees
- 198
- Auditor
- 한영회계법인
- Audit opinion
- 적정의견
- Corporate reg. no.
- 2149110058927
- Outline updated
- 2026-09-24
Check the original filings
Read the annual report and audit report before you decide anything. The link opens a DART search for this company's name.
Search DART for 솔루스첨단소재Computed from the Financial Services Commission's company outline and summary statements (data.go.kr). Data as of 2026-09-24.