Dongsung Chemical Co Ltd

Dongsung Chemical maintains a capital structure with a debt-to-equity ratio of 0.38, indicating a relatively conservative leverage position compared to industry norms. The company holds 106,357.52462 billion KRW in cash and equivalents, but this is offset by 151,973.75439 billion KRW in long-term debt, resulting in a net cash position of -45,616.22977 billion KRW. Free cash flow is negative at -8,002.45662 billion KRW, driven by capital expenditures of -29,311.48898 billion KRW, which suggests ongoing investment in operational capacity.

Profitability metrics show a return on equity (ROE) of 2.26% and a return on assets (ROA) of 0.91%, both below the industry median for commodity chemicals. The company's operating margin is 7.92% (calculated from operating income of 20,060.51051 billion KRW on revenue of 253,290.61992 billion KRW), which is modest but in line with the sector's cyclical nature.

Geographically, Dongsung Chemical's revenue is concentrated in South Korea, with no disclosed international segments. This concentration increases exposure to domestic economic conditions and regulatory shifts, particularly in the chemicals sector.

The company's growth trajectory is mixed. Revenue for the latest period is 253,290.61992 billion KRW, but no year-over-year growth rate is provided. Analysts estimate the trailing twelve months' earnings per share at 123.52 KRW. The outlook for the current fiscal year is neutral, with no significant directional guidance provided in the data.

Risk factors include medium liquidity risk due to negative net cash and a current ratio of 1.32, which is adequate but not robust. Dilution risk is assessed as low, with no near-term pressure from share issuance or convertible debt. The company's capital structure remains stable, with no recent dilutive events reported.

Recent events include the filing of financial statements and the publication of analyst estimates. No material changes in business strategy or regulatory exposure were disclosed in the latest filings. The company continues to operate within the commodity chemicals segment, with no new product lines or geographic expansions noted.

Operating income surged 23.9% year-over-year to 105.4 billion KRW, demonstrating strong top-line operational leverage.

Free cash flow rebounded sharply by 199.4% to 28.9 billion KRW, indicating significant improvement in cash generation.

Cash conversion ratio of 1.54 outperforms the 1.1 cohort median, reflecting efficient translation of earnings into cash.

Revenue grew 13.6% year-over-year to 1.21 trillion KRW, showing robust expansion in total sales volume.

Return on equity of 2.3% lags the 3.6% cohort median, indicating inefficient use of shareholder capital.

Net margin of 3.5% falls below the 4.2% cohort median, suggesting weaker final profitability compared to peers.

Medium liquidity risk flags potential challenges in meeting short-term obligations or maintaining adequate cash reserves.

Medium credit risk indicates potential concerns regarding the company's ability to service its debt obligations.

Revenue KRW 306.15B; Operating income KRW 27.64B.

• ▍Revenue KRW 306.15B
• ▍Operating income KRW 27.64B
• ▍Net margin 4.1%

Revenue KRW 254.52B; Operating income KRW 20.72B.

• ▍Revenue KRW 254.52B
• ▍Operating income KRW 20.72B
• ▍Net margin 2.3%

Revenue KRW 252.36B; Operating income KRW 16.65B.

• ▍Revenue KRW 252.36B
• ▍Operating income KRW 16.65B
• ▍Net margin 7.0%

Revenue KRW 253.29B; Operating income KRW 20.06B.

• ▍Revenue KRW 253.29B
• ▍Operating income KRW 20.06B
• ▍Net margin 3.5%

Revenue KRW 1.07T, +7,4% YoY; Operating income +17,5% YoY.

• ▍Revenue KRW 1.07T, +7,4% YoY
• ▍Operating income +17,5% YoY
• ▍Net income +34,4% YoY
• ▍Free cash flow −262,8% YoY
• ▍Net margin 4.2%

Revenue KRW 993.00B, −12,9% YoY; Operating income +31,8% YoY.

• ▍Revenue KRW 993.00B, −12,9% YoY
• ▍Operating income +31,8% YoY
• ▍Net income −4,5% YoY
• ▍Free cash flow −28,4% YoY
• ▍Net margin 3.4%

Revenue KRW 1.14T, +23,1% YoY; Operating income +9,8% YoY.

• ▍Revenue KRW 1.14T, +23,1% YoY
• ▍Operating income +9,8% YoY
• ▍Net income +95,6% YoY
• ▍Free cash flow +5,4% YoY
• ▍Net margin 3.1%

Revenue KRW 925.98B; Operating income KRW 50.03B.

• ▍Revenue KRW 925.98B
• ▍Operating income KRW 50.03B
• ▍Net margin 1.9%