Dongsung Chemical Co Ltd

Chart & Performance

D1W1MN

P/E

5.79

P/S

0.17

EPS

686.85

Div Yield, %

10.24%

Shrs. gr., 5y

2.16%

Rev. gr., 5y

6.58%

Revenues

1.12t

-1.94%

Net income

33.45b

-28.57%

CFO

134.21b

+152.33%

Dividend

Dec 27, 2023200 KRW/sh

Profile

Dongsung Chemical Co., Ltd. manufactures and sells chemical products in South Korea and internationally. The company offers petrochemicals and performance solvents, including paraffin, naphthene, aliphatic, and de-aromatic solvents, which are used in manufacturing general catalyst carrier, edible oil extraction, clearing agents, gravure ink, insulating varnish, thinning agents, urethane, and rubber release agents and tires; functional solvents used in various industries; and monomer and glycol types of products. It also provides fine chemicals, such as polymerization initiators comprising LDPE, PVC, PS, ABS, acrylate, paint resins, crosslinking agents, curing agents, and reforming agents, as well as ester, acyl, alkyl, ketal, and carbonate types of organic peroxides; and organic peroxides of the butyl group used in the special synthesis industry. In addition, the company offers thermoplastic polyurethane products comprising polyester polyol, TPUs for forming, and TPUs for coating and adhesion for use in synthetic leathers, paints, shoes, and elastomers, as well as automotive, architecture, and leisure industries under the K-series, NEOTHANE, NEOACE, NEOSTANE, and NEOTIE names. Further, it provides specialty chemicals, including blowing agents, coke/coal/others, aramid, and polyurethane. Additionally, the company offers water tanks and SMC materials; and waterproof, ceiling, and lightweight wall panels. The company was formerly known as DongSung Corporation and changed its name to Dongsung Chemical Co., Ltd. in April 2021. Dongsung Chemical Co., Ltd. was founded in 1959 and is based in Seoul, South Korea.

URL

http://www.dongsungcorp.co.kr/

IPO date

Jun 23, 2008

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title KRW in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title KRW in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	1,117,998,854 -1.94%	1,140,123,620 23.13%	925,978,520 4.98%
Cost of revenue	978,332,709	1,037,766,713	828,228,138
Unusual Expense (Income)
NOPBT	139,666,145	102,356,907	97,750,382
NOPBT Margin	12.49%	8.98%	10.56%
Operating Taxes	9,770,601	8,939,704	12,195,950
Tax Rate	7.00%	8.73%	12.48%
NOPAT	129,895,544	93,417,202	85,554,433
Net income	33,453,899 -28.57%	46,832,994 13.01%	41,439,790 11.45%
Dividends	(19,817,419)	(9,919,413)	(23,493,016)
Dividend yield	8.97%	4.23%	10.01%
Proceeds from repurchase of equity	80,840	(4,482,546)	(11,843,395)
BB yield	-0.04%	1.91%	5.05%
Debt
Debt current	162,739,517	125,768,147	145,717,957
Long-term debt	31,033,832	34,807,782	14,879,815
Deferred revenue	1,200,404	1,192,769	2,127,149
Other long-term liabilities	3,945,522	2,662,071	10,256,490
Net debt	(38,790,382)	42,993,345	57,317,003
Cash flow
Cash from operating activities	134,209,617	53,187,246	(16,319,513)
CAPEX	(51,562,077)	(34,753,688)	(19,328,239)
Cash from investing activities	(98,035,022)	(8,409,690)	31,635,471
Cash from financing activities	(1,525,124)	(23,896,297)	(29,568,443)
FCF	125,134,053	78,911,710	39,070,454
Balance
Cash	149,023,855	84,637,278	78,096,534
Long term investments	83,539,877	32,945,306	25,184,235
Excess cash	176,663,789	60,576,403	56,981,844
Stockholders' equity	288,195,471	302,305,994	265,555,328
Invested Capital	539,046,117	586,534,468	561,260,460
ROIC	23.08%	16.28%	15.37%
ROCE	19.05%	15.29%	15.28%
EV
Common stock shares outstanding	49,073	49,526	48,935
Price	4,500.00 -4.86%	4,730.00 -1.36%	4,795.00 -3.03%
Market cap	220,830,142 -5.73%	234,260,042 -0.16%	234,642,203 7.12%
EV	311,210,883	389,895,395	402,203,165
EBITDA	166,101,462	125,809,374	123,453,353
EV/EBITDA	1.87	3.10	3.26
Interest	10,047,075	5,382,118	5,362,105
Interest/NOPBT	7.19%	5.26%	5.49%