DS DANSUK Co., Ltd.

DS DANSUK Co., Ltd.

KKRX:017860
9,830.00
KRW
-370.00
(-3.63%)
-698.02EPS
207.95BMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
50,704.03
50,118.34
70,311.68
54,150.87
54,406.69
61,125.44
Basic EPS, GAAP
2,198.73
1,201.65
2,628.91
-515.72
-685
-696.71
Free Cash Flow per Basic Share
-3,476.2
-1,374.14
-2,120.46
-1,584.74
-1,223.41
-7,241.55
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
9,373.98
7,755.85
15,519.81
15,685.73
15,124.5
15,293.61
Tangible Book Value per Share
9,185.02
7,588.14
14,117.03
14,421.9
13,863.6
13,991.24
Basic Weighted Avg Shares
18
23
15
18
18
18
Sales/Revenue/Turnover
900,507
1,133,720
1,070,440
961,722
954,874
1,073,249
Operating Margin (%)
7.65
6.26
6.98
1.33
0.87
1.06
Depreciation Expense
14,878
14,757
15,945
18,580
20,427
20,454
Net Income, GAAP
39,050
27,182
40,023
-9,159
-12,022
-12,233
Effective Tax Rate (%)
23.12
28.01
23.84
- -
- -
- -
Profit Margin (%)
4.34
2.4
3.74
-0.95
-1.26
-1.14
Working Capital
3,515
-14,571
11,667
7,804
-67,595
-79,010
LT Debt
71,083
97,502
85,171
139,130
110,027
120,415
Total Equity
173,360
139,743
281,175
283,038
270,334
271,926
Return on Invested Capital (%)
- -
11.45
10.21
- -
- -
- -
Return on Capital (%)
- -
8.36
10.5
- -
- -
- -
Return on Common Equity (%)
- -
17.87
19.36
-3.31
-4.39
-4.46

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
303,419
365,628
439,360
LT Borrowings
102,475
113,816
113,091
LT Finance Leases
7,551
7,480
7,325
Preferred Equity and Hybrid Capital
1,722
1,722
1,722
Shares Outstanding
18
18
18
Market Capitalization
322,700
342,931
207,949

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
295,723
354,137
447,890
Cash, Cash Equivalents & STI
20,272
24,077
53,823
Accounts Receivable, Net
71,300
106,113
104,930
Inventories
180,513
195,894
264,746
Total Current Liabilities
363,318
425,142
526,900
Payables & Accruals
- -
- -
- -
ST Debt
303,419
365,628
439,360
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-4.49%
Free Cash Flow
- -
- -
-23.71%
Net Income, GAAP
- -
- -
31.26%
Sales/Revenue/Turnover
- -
- -
-0.71%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
218,539
266,308
259,114
217,825
961,722
2025
248,116
221,725
254,834
230,199
954,874
2026
278,140
310,077
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
146.53
46.86
-52.15
-646.36
-515.72
2025
351.49
-301.98
-81.9
-653.98
-685
2026
-106.12
144
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

Full Time Employees
423
Sector
Industrial services
Industry
Environmental services
Address
Siheung-si South Korea
IPO Date
Dec 22, 2023
Business
DS DANSUK Co., Ltd. is a South Korea-based resource circulation and eco-friendly energy enterprise engaged in the manufacturing and distribution of bioenergy fuels, recycled battery materials, and specialty plastic chemical additives. The company organizes its operations across three primary business divisions: Bioenergy, Battery Recycling, and Plastic Recycling. The Bioenergy division produces renewable fuels and feedstocks derived from waste oils and animal fats, including biodiesel for automotive transportation; bio-heavy oil for power generation; bio-marine fuel for maritime shipping; and hydrotreated vegetable oil pre-treatment feedstocks for sustainable aviation fuel production. The Battery Recycling division recovers and refines metal resources from end-of-life batteries, manufacturing secondary lead ingots; refined lead and custom lead alloys for industrial and automotive batteries; recycled lithium-ion battery black mass containing nickel, cobalt, and lithium; and industrial energy storage systems. The Plastic Recycling division manufactures high-performance polymer additives and circular materials, including polyvinyl chloride thermal stabilizers; non-toxic layered double hydrotalcite; metallic soaps; post-consumer recycled plastic resins; and specialized engineering plastic compounds. The company serves petroleum refiners, aviation fuel producers, automotive component manufacturers, chemical processors, and battery manufacturers across domestic and international markets, operating domestic manufacturing complexes in Siheung, Pyeongtaek, and Gunsan, alongside international sourcing and sales subsidiaries in Malaysia, Pakistan, and China. Founded in 1965 as a fine chemicals producer and formerly known as Dansuk Industrial Co., Ltd., the company is headquartered in Siheung-si, Gyeonggi-do, South Korea, and completed its initial public offering on the Korea Exchange in December 2023 under ticker 017860. In recent strategic developments, DS DANSUK has accelerated its expansion into next-generation renewable fuels and advanced electric vehicle battery circularity. In late 2024, the company secured a major multi-year supply agreement valued at approximately KRW 1 trillion to provide hydrotreated vegetable oil-based sustainable aviation fuel feedstock to US energy corporation Phillips 66. To advance its aviation decarbonization initiatives, the company established a specialized subsidiary, DS Orvion, focused on sustainable aviation fuel infrastructure and global market distribution. Concurrently, DS DANSUK expanded processing capacity at its Pyeongtaek pre-treatment facility, commissioned a dedicated lithium-ion battery recycling and black mass extraction facility in Gunsan, and introduced commercial-scale energy storage systems integrated with proprietary energy management software.