Duk San Neolux Co Ltd

Duk San Neolux maintains a strong liquidity position, with a current ratio of 4.08 and cash and equivalents of 24,586,686,950 KRW. The company's debt-to-equity ratio is 0.06, indicating a conservative capital structure with minimal leverage. Free cash flow of 7,686,526,970 KRW supports operational flexibility and potential reinvestment.

Profitability metrics show a return on equity (ROE) of 2.67% and a return on assets (ROA) of 2.32%. These figures are below the typical thresholds for high-margin chemical firms, suggesting that the company may not be generating returns at the upper end of the industry spectrum. Gross profit of 17,692,333,450 KRW and operating income of 10,047,399,310 KRW indicate a healthy but not exceptional margin profile.

The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification may expose the company to sector-specific risks, particularly in the semiconductor and electronics industries, which are sensitive to global demand cycles.

Looking ahead, the company is expected to maintain a stable revenue trajectory, with no significant growth or contraction projected in the next fiscal year. Capital expenditures of -12,444,707,130 KRW suggest a focus on cost management rather than expansion. The absence of a clear growth strategy may limit long-term upside potential.

Risk factors include low liquidity and dilution risk, with no immediate filing-based flags detected. The company's low debt load and strong cash position mitigate credit risk, but the lack of geographic or product diversification could pose operational risks in a downturn.

Recent filings and transcripts do not highlight any material events or strategic shifts. The company appears to be operating in a stable but low-growth environment, with no significant capital-raising or restructuring activities reported in the latest disclosures.

Revenue surged 62.2% year-over-year to 344.3 billion KRW in FY2026, demonstrating strong top-line growth momentum.

Analysts project 27.4% upside to a mean price target of 59,667 KRW, reflecting strong institutional confidence.

Free cash flow increased 58.9% to 56.5 billion KRW in FY2026, supporting robust liquidity and financial flexibility.

Cash conversion ratio of 2.1 outperforms the 1.08 cohort median, highlighting superior efficiency in generating cash from earnings.

Long-term debt skyrocketed to 133.9 billion KRW in FY2026, drastically increasing leverage and financial risk exposure.

Return on equity of 2.7% trails the 3.9% cohort median, suggesting inefficient use of shareholder capital.

Net income CAGR of only 3.2% over four years lags significantly behind the 15.8% revenue growth rate.

Revenue KRW 72.87B, +92,1% YoY; Operating income +72,7% YoY.

• ▍Revenue KRW 72.87B, +92,1% YoY
• ▍Operating income +72,7% YoY
• ▍Net income +96,5% YoY
• ▍Free cash flow +63,8% YoY
• ▍Net margin 22.1%

Revenue KRW 127.11B, +143,6% YoY; Operating income +12,9% YoY.

• ▍Revenue KRW 127.11B, +143,6% YoY
• ▍Operating income +12,9% YoY
• ▍Net income +34,8% YoY
• ▍Free cash flow +39,0% YoY
• ▍Net margin 17.5%

Revenue KRW 98.33B, +79,2% YoY; Operating income +39,4% YoY.

• ▍Revenue KRW 98.33B, +79,2% YoY
• ▍Operating income +39,4% YoY
• ▍Net income +26,3% YoY
• ▍Free cash flow +104,5% YoY
• ▍Net margin 13.7%

Revenue KRW 80.93B, +53,5% YoY; Operating income +2,3% YoY.

• ▍Revenue KRW 80.93B, +53,5% YoY
• ▍Operating income +2,3% YoY
• ▍Net income −7,0% YoY
• ▍Free cash flow +5,2% YoY
• ▍Net margin 11.4%

Revenue KRW 37.94B; Operating income KRW 9.90B.

• ▍Revenue KRW 37.94B
• ▍Operating income KRW 9.90B
• ▍Net margin 21.6%

Revenue KRW 52.18B; Operating income KRW 17.13B.

• ▍Revenue KRW 52.18B
• ▍Operating income KRW 17.13B
• ▍Net margin 31.7%

Revenue KRW 54.88B; Operating income KRW 12.55B.

• ▍Revenue KRW 54.88B
• ▍Operating income KRW 12.55B
• ▍Net margin 19.4%

Revenue KRW 52.71B; Operating income KRW 10.05B.

• ▍Revenue KRW 52.71B
• ▍Operating income KRW 10.05B
• ▍Net margin 18.9%

Revenue KRW 344.31B, +62,2% YoY; Operating income +14,0% YoY.

• ▍Revenue KRW 344.31B, +62,2% YoY
• ▍Operating income +14,0% YoY
• ▍Net income +16,2% YoY
• ▍Free cash flow +58,9% YoY
• ▍Net margin 15.4%

Revenue KRW 212.25B, +29,7% YoY; Operating income +51,9% YoY.

• ▍Revenue KRW 212.25B, +29,7% YoY
• ▍Operating income +51,9% YoY
• ▍Net income +27,8% YoY
• ▍Free cash flow +24,6% YoY
• ▍Net margin 21.6%

Revenue KRW 163.70B, −7,3% YoY; Operating income −26,3% YoY.

• ▍Revenue KRW 163.70B, −7,3% YoY
• ▍Operating income −26,3% YoY
• ▍Net income −8,0% YoY
• ▍Free cash flow −9,6% YoY
• ▍Net margin 21.9%

Revenue KRW 176.68B, −7,7% YoY; Operating income −12,4% YoY.

• ▍Revenue KRW 176.68B, −7,7% YoY
• ▍Operating income −12,4% YoY
• ▍Net income −16,9% YoY
• ▍Free cash flow −25,1% YoY
• ▍Net margin 22.0%