Dong-Ah Geological Engineering Co., Ltd

Dong-Ah Geological Engineering Co., Ltd

KKRX:028100
19,000.00
KRW
-100.00
(-0.52%)
1,701.78EPS
9.86P/E
202.78BMarket Cap
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
29,182.1
27,019.76
26,231.81
28,609.23
30,070.19
31,916.26
33,718.15
27,850.89
25,617.34
19,725.4
25,017.88
29,369.58
36,301.38
39,578.3
Basic EPS, GAAP
186
377
404
1,007
1,514
1,658
1,686
181
412
-1,690
742
850
1,453
1,708.23
Free Cash Flow per Basic Share
-996.63
418.33
-876.07
1,149.22
2,117.5
2,672.53
-3,674.16
521.74
650.53
632.67
1,964.12
-128.05
3,701.51
3,965.61
Dividend per Share
174.9
174.81
174.85
175.06
200.04
199.96
200.06
200.04
75
359.16
502.32
505.85
508.41
- -
Book Value per Share
11,758.21
12,013.53
12,245.83
13,223.38
13,825.64
15,466.35
17,158.6
16,951.2
18,086.12
15,999.35
16,817.78
17,333.87
18,994.23
18,452.99
Tangible Book Value per Share
11,597.08
11,886.22
12,119.42
13,118.68
13,715.36
15,373.39
17,076.98
16,869.27
17,992.97
15,915.7
16,733.14
17,247.15
18,949.99
18,408.31
Basic Weighted Avg Shares
11
11
11
11
11
11
11
11
11
13
14
13
13
12
Sales/Revenue/Turnover
329,945
305,654
296,677
323,175
339,724
360,734
380,903
314,648
289,482
266,283
344,964
393,493
467,726
494,099
Operating Margin (%)
1.26
0.97
1.34
3.88
5.99
7.23
6.02
1.03
1.39
-11.48
2.23
2.44
3.86
4.14
Depreciation Expense
15,141
13,159
12,682
31,149
29,315
29,213
28,178
34,851
18,762
21,546
23,620
19,078
18,970
23,887
Net Income, GAAP
2,103
4,265
4,569
11,375
17,105
18,740
19,046
2,045
4,656
-22,814
10,231
11,388
18,721
21,326
Effective Tax Rate (%)
58.52
- -
25.04
20.4
28.57
32.43
23.76
29.06
24.22
- -
17.08
15.26
18.23
20.93
Profit Margin (%)
0.64
1.4
1.54
3.52
5.03
5.19
5
0.65
1.61
-8.57
2.97
2.89
4
4.32
Working Capital
84,536
72,614
63,032
65,500
75,574
101,385
91,184
107,349
94,599
106,102
127,638
136,538
108,834
103,005
LT Debt
8,091
- -
5,000
5,000
- -
- -
558
6,113
704
3,656
4,266
2,673
5,861
5,243
Total Equity
132,872
135,697
138,390
149,430
156,235
174,761
193,880
191,536
204,393
221,639
228,917
227,099
228,591
222,078
Return on Invested Capital (%)
1.05
- -
1.7
5.27
7.45
8.87
7.57
0.87
1.09
- -
2.27
2.85
5.16
5.69
Return on Capital (%)
1.65
- -
3.16
6.41
9.29
10.02
8.82
1.27
1.9
- -
4.42
4.75
6.97
7.97
Return on Common Equity (%)
1.58
3.18
3.33
7.9
11.19
11.32
10.33
1.06
2.35
-10.71
4.54
4.99
8.22
9.5

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
53,026
52,902
52,756
LT Borrowings
3,000
3,000
3,000
LT Finance Leases
2,861
2,582
2,243
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12
12
12
Market Capitalization
207,596
208,077
202,782

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
324,678
330,767
320,284
Cash, Cash Equivalents & STI
183,994
193,251
194,705
Accounts Receivable, Net
109,022
105,546
94,848
Inventories
5,465
5,542
5,179
Total Current Liabilities
215,844
223,175
217,279
Payables & Accruals
- -
- -
- -
ST Debt
53,026
52,902
52,756
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.24%
3.66%
0.66%
Free Cash Flow
-320.04%
-545.66%
-2,879.97%
Net Income, GAAP
-41.02%
-106.3%
64.39%
Sales/Revenue/Turnover
5.49%
9.29%
18.86%
Total Cash Common Dividend
- -
89.39%
-3.35%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
91,220
94,219
98,812
109,241
393,493
2025
103,883
105,472
130,920
127,450
467,726
2026
123,785
111,944
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
262
180
139
268.64
850
2025
219
328
384.82
505.04
1,453
2026
348.04
468
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
505.85
2025
- -
- -
- -
- -
508.41
2026
- -
- -
- -
- -
- -

Company Description

CEO
Jung-Wook Choi
Full Time Employees
260
Sector
Industrial services
Industry
Engineering & construction
Address
347, Geumsaem-ro Busan BU South Korea 46235
IPO Date
Jun 12, 2009
Website
dage.co.kr
Business
Dong-Ah Geological Engineering Company Ltd. (KRX: 028100) specializes in civil engineering, primarily providing underground construction and ground improvement services. The company offers mechanical tunnel construction using shield, semi-shield, and tunnel boring machine (TBM) methods; ground improvement via deep cement-soil mixing (DCM), jet grouting, and soil nailing; general civil works including roads, subways, bored piles, diaphragm walls, earthworks, and pipe jacking; engineering services such as design, research, and measurement; and environmental solutions like water treatment and wastewater reclamation systems. Founded in 1971 and headquartered in Busan, South Korea, it operates internationally with projects in Hong Kong, the Philippines, Qatar, UAE, Kuwait, Vietnam, Singapore, Cambodia, and domestically in major infrastructure such as Incheon Airport Terminal 2 railway, Seoul Subway Line 9, and Busan New Port. Recent developments include the successful indigenous manufacturing of a tunnel boring machine in 2024; securing major contracts such as a 61.6 billion won order in August 2025 and a 48.4 billion won order in April 2025; receiving 20 billion won in funding from Dover Holdings Limited and Rivendell Investments; and ongoing execution of the Hong Kong International Airport third runway expansion using marine and land DCM methods, alongside the North-South Commuter Railway in the Philippines.