Dongwon Development Co., Ltd.

Dongwon Development Co., Ltd.

KKRX:013120
2,020.00
KRW
+5.00
(+0.25%)
294.96EPS
9.74P/E
252.20BMarket Cap
Nov 18Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3,504.6
3,745.12
5,672.02
5,884.87
6,199.87
6,694.94
7,079.04
6,942.42
4,635.72
6,405.09
8,115.22
5,735.1
4,292.79
4,139.38
Basic EPS, GAAP
361.7
649.88
993
1,079
1,108
1,343
933
1,590
829
737
469
202
290
295.22
Free Cash Flow per Basic Share
-56.97
974.18
300.86
608.43
1,521.96
1,179.76
1,386.93
69.65
-1,021.57
2,406.66
-832.84
1,057.18
-490.28
-1,505.66
Dividend per Share
32.99
35.49
50.55
79.7
111
148.42
185.06
169.95
185.1
150.03
160.08
80.06
80.51
- -
Book Value per Share
2,997.06
3,611.46
4,553.72
5,553.02
6,550.05
7,744.51
8,491.95
9,919.28
10,497.08
11,083.92
11,396.62
11,515.41
12,074.18
11,999.46
Tangible Book Value per Share
2,995.06
3,609.46
4,553.19
5,552.48
6,549.51
7,743.97
8,491.42
9,918.74
10,497.08
11,083.92
11,396.62
11,515.41
12,074.18
11,999.46
Basic Weighted Avg Shares
91
91
91
91
91
91
91
91
91
91
91
91
90
90
Sales/Revenue/Turnover
318,263
340,087
514,967
534,393
563,013
607,891
642,629
630,616
420,733
581,504
736,557
520,374
387,345
370,985
Operating Margin (%)
13.92
22.7
22.74
24.54
25.41
26.33
16.51
29.74
23.92
14.43
4.07
4.04
4.41
4.86
Depreciation Expense
124
113
94
106
112
252
3,543
2,157
1,894
2,219
2,223
3,708
3,755
3,326
Net Income, GAAP
32,847
59,015
90,155
97,982
100,618
121,942
84,697
144,428
75,239
66,911
42,568
18,328
26,167
26,459
Effective Tax Rate (%)
26.33
23.66
23.81
25.28
30.1
25.47
26.52
25.82
28.1
27.15
28.77
29.43
26.75
27.47
Profit Margin (%)
10.32
17.35
17.51
18.34
17.87
20.06
13.18
22.9
17.88
11.51
5.78
3.52
6.76
7.13
Working Capital
307,883
327,860
413,425
501,332
591,631
696,475
748,496
886,643
1,065,529
985,899
988,903
1,096,612
1,029,638
1,019,488
LT Debt
30,979
974
882
790
693
607
1,062
1,371
120,936
987
742
117,989
814
842
Total Equity
272,158
327,950
413,515
504,259
594,798
703,264
771,138
900,751
953,966
1,007,225
1,035,604
1,046,366
1,059,819
1,053,263
Return on Invested Capital (%)
10.7
18.02
22.86
20.28
17.4
17.67
10.26
16.06
7.07
5.44
1.85
1.27
1.03
1.06
Return on Capital (%)
11.11
18.77
24.25
21.27
18.26
18.75
11.47
17.22
7.61
6.07
3.71
1.58
2.16
2.15
Return on Common Equity (%)
12.77
19.67
24.32
21.35
18.31
18.79
11.49
17.28
8.12
6.83
4.17
1.76
2.49
2.52

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
120,478
210,721
259,420
LT Borrowings
27,000
- -
- -
LT Finance Leases
909
814
842
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
89
88
88
Market Capitalization
240,088
244,744
252,200

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1,341,274
1,429,422
1,428,994
Cash, Cash Equivalents & STI
122,195
192,107
108,571
Accounts Receivable, Net
146,717
154,825
203,032
Inventories
636,930
639,881
643,221
Total Current Liabilities
309,042
399,784
409,505
Payables & Accruals
- -
- -
- -
ST Debt
120,478
210,721
259,420
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.12%
3.33%
1.29%
Free Cash Flow
-225.62%
-481.74%
-146.12%
Net Income, GAAP
-3.7%
-21.91%
42.77%
Sales/Revenue/Turnover
-0.24%
-4.66%
-25.56%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
172,734
160,625
98,483
88,533
520,374
2025
90,869
105,425
97,162
93,889
387,345
2026
74,509
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
237
97
1
-133.14
202
2025
64
71.4
92.98
62.28
290
2026
68.46
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
80.06
2025
- -
- -
- -
- -
80.51
2026
- -
- -
- -
- -
- -

Company Description

CEO
Bok-Man Jang
Full Time Employees
286
Sector
Finance
Industry
Real estate development
Address
Dongwon Building Busan BU South Korea 48272
IPO Date
Dec 29, 1994
Business
DongWon Development Co.,Ltd. (013120.KQ) engages primarily in housing construction and civil engineering projects throughout South Korea. The company develops and constructs apartments, residential complexes, and housing projects, including branded developments such as Ilgwang Dongwon Royale Duke, Yangsan Vista Dongwon Solasta, and Citizen Park Vista Dongwon; it also undertakes civil engineering works encompassing highways, bridges, tunnels, subways, railroads, and industrial complexes, alongside construction of power plants, factories, warehouses, and seawater desalination facilities. DongWon Development operates in the construction sector with segments in housing construction, civil engineering, and rental activities, targeting residential and infrastructure markets primarily in Busan, Yangsan, Pyeongtaek, and other regions across South Korea. Founded in 1975 and headquartered in Busan, South Korea, the company, formerly known as Dongwon Housing Co., Ltd., changed its name to DongWon Development Co., Ltd. in 1978 and maintains a workforce of approximately 326 employees with a focus on high-rise apartments and eco-friendly urban development. Recent activities include ongoing apartment project completions and pre-occupancy inspections at sites like Ilgwang Dongwon Royale Duke in November 2025 and Yangsan Vista Dongwon Solasta earlier in the year, alongside corporate social responsibility efforts such as donations to the Red Cross and local communities, and receipt of a Presidential Citation on Taxpayer's Day.