Dongjin Semichem Co Ltd

Dongjin Semichem maintains a balanced capital structure with a debt-to-equity ratio of 0.62 and a current ratio of 1.95, indicating adequate short-term liquidity coverage. The company holds KRW 371.9 billion in cash and equivalents against KRW 668.0 billion in long-term debt, resulting in a net cash position that is technically negative after subtracting total debt, which contributes to a medium liquidity risk assessment. Operating cash flow stands at KRW 90.3 billion, while free cash flow is KRW 34.2 billion, reflecting significant capital expenditure of KRW 81.4 billion during the period.

Profitability metrics show a return on equity of 9.14% and a return on assets of 4.94%, suggesting moderate efficiency in asset utilization. The company reports a net income of KRW 99.1 billion on revenues of KRW 1.19 trillion, yielding a net margin of approximately 8.3%. Valuation multiples include a price-to-earnings ratio of 24.87 and an EV/EBITDA of 18.02, positioning the stock at a premium relative to historical averages for the sector, though specific cohort median comparisons are not provided in the input data.

Revenue concentration and segment details are not explicitly broken down in the available financial snapshot, limiting the ability to assess specific product or geographic exposure. The company’s total assets amount to KRW 2.01 trillion, with total liabilities at KRW 922.3 billion and total equity at KRW 1.08 trillion, providing a stable balance sheet foundation. Without detailed segment data, the analysis relies on aggregate financial performance to infer business health.

Growth trajectory analysis is constrained by the absence of historical period data in the input, preventing a year-over-year or quarter-over-quarter trend assessment. However, analyst estimates suggest expected future performance, with a mean EPS estimate of KRW 3,051.00 compared to the last actual EPS of KRW 1,927.00, indicating anticipated earnings growth. Revenue estimates also point to an upward revision, with a mean revenue estimate of KRW 1.28 trillion against the last actual revenue of KRW 1.19 trillion.

Risk factors include a medium liquidity risk and low dilution risk, with the primary flag being the negative net cash position after debt subtraction. The company’s shares outstanding remain constant at 51.02 million for both basic and diluted measures, confirming the low dilution risk assessment. The key risk lies in managing debt levels while maintaining sufficient cash flow to support operations and capital expenditures.

Recent observations from investor relations data highlight analyst expectations for improved earnings and revenue, with a mean EBIT estimate of KRW 193.7 billion. The discrepancy between actual and estimated figures suggests market optimism for the company’s near-term performance, although no specific news events or filing observations are provided to contextualize these estimates.

Dilution risk is assessed as low, suggesting minimal threat to existing shareholder value from equity issuance.

Liquidity risk is rated as medium, posing potential challenges in meeting short-term financial obligations.

Revenue KRW 309.23B, +6,9% YoY; Operating income +46,5% YoY.

• ▍Revenue KRW 309.23B, +6,9% YoY
• ▍Operating income +46,5% YoY
• ▍Net income −18,1% YoY
• ▍Free cash flow −49,2% YoY
• ▍Net margin 10.1%

Revenue KRW 299.91B, +5,3% YoY; Operating income −45,7% YoY.

• ▍Revenue KRW 299.91B, +5,3% YoY
• ▍Operating income −45,7% YoY
• ▍Net income −31,0% YoY
• ▍Free cash flow +278,1% YoY
• ▍Net margin 7.9%

Revenue KRW 376.84B, +6,0% YoY; Operating income +7,4% YoY.

• ▍Revenue KRW 376.84B, +6,0% YoY
• ▍Operating income +7,4% YoY
• ▍Net income −84,3% YoY
• ▍Free cash flow −12,2% YoY
• ▍Net margin 1.8%

Revenue KRW 289.78B; Operating income KRW 41.92B.

• ▍Revenue KRW 289.78B
• ▍Operating income KRW 41.92B
• ▍Net margin 12.9%

Revenue KRW 1.19T, +7,3% YoY; Operating income −7,5% YoY.

• ▍Revenue KRW 1.19T, +7,3% YoY
• ▍Operating income −7,5% YoY
• ▍Net income −36,0% YoY
• ▍Free cash flow +1 443,8% YoY
• ▍Net margin 8.3%

Revenue KRW 1.31T, −10,1% YoY; Operating income −18,2% YoY.

• ▍Revenue KRW 1.31T, −10,1% YoY
• ▍Operating income −18,2% YoY
• ▍Net income −20,2% YoY
• ▍Free cash flow −206,0% YoY
• ▍Net margin 9.7%