DAP Co., Ltd.

DAP Co., Ltd.

KKRX:066900
1,745.00
KRW
+25.00
(+1.45%)
-3,305.95EPS
0.48P/E
22.62BMarket Cap
DAP Co., Ltd.
KRX:066900
(Korea Stock Exchange)

Recent

price

1,745.00

P/E

ratio

0.48

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
KRW
8,516.68
9,867.28
15,546.21
15,920.94
11,748.96
13,813.42
13,283.93
15,974.2
16,317.62
14,662.17
16,945.56
17,480.32
18,909.1
22,912.96
27,905.76
33,399.17
30,345.6
Revenue per Share
468
121.36
1,051
1,078
-93
412
131
283
403
54
282
463
517
-656
-1,857
-3,101.25
2,930.57
Basic EPS, GAAP
-664.64
-1,936.45
937.7
-440.05
-3,305.79
2,635.47
448.41
1,222.71
985.61
-161.96
707.8
739.37
704.16
1,286.43
880.93
-307.85
447.17
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
2,239.34
2,675.45
3,517.44
4,461.88
4,303.55
4,721.39
4,813.2
5,120.81
5,574.06
5,558.24
5,949.74
6,500.88
7,244.4
5,669.71
3,808.97
324.35
6,359.82
Book Value per Share
2,166.06
2,590.58
3,455.96
4,438.29
4,285.14
4,702.42
4,794.3
5,105.63
5,559.52
5,539.83
5,929.46
6,474.64
5,400.12
4,373.59
2,418.59
-1,131.36
6,318.07
Tangible Book Value per Share
21
22
20
19
18
19
19
19
19
18
18
18
18
18
18
16
16
Basic Weighted Avg Shares
180,690
212,427
309,642
304,368
216,686
256,090
247,820
297,906
304,108
270,484
301,340
307,897
333,660
403,492
488,847
543,196
490,734
Sales/Revenue/Turnover
4.35
3.04
8.94
8.91
2.66
4.86
1.99
2.51
3.82
0.3
2.7
2.5
2.69
-3.24
-6.22
-10.64
-11.73
Operating Margin (%)
16,357
19,773
23,077
26,974
30,871
28,921
27,683
24,701
20,429
19,323
15,992
12,435
12,001
17,718
23,397
29,574
32,032
Depreciation Expense
9,929
2,613
20,933
20,609
-1,715
7,638
2,444
5,278
7,511
996
5,015
8,155
9,123
-11,552
-32,531
-50,438
47,392
Net Income, GAAP
11.35
- -
14.89
17.27
- -
21.88
29.31
6.38
25.96
- -
16.46
11.96
29.77
- -
- -
- -
- -
Effective Tax Rate (%)
5.5
1.23
6.76
6.77
-0.79
2.98
0.99
1.77
2.47
0.37
1.66
2.65
2.73
-2.86
-6.65
-9.29
9.66
Profit Margin (%)
-30,544
-50,241
-50,084
-37,070
-45,201
-36,593
-27,636
-21,359
-25,114
-6,127
364
9,565
-8,936
-39,600
-97,182
-163,637
3,828
Working Capital
22,614
41,474
42,774
43,181
74,778
52,890
39,377
27,557
11,700
21,804
16,584
4,767
18,064
37,489
56,552
84,471
137
LT Debt
50,347
54,961
68,592
83,439
79,618
87,348
89,528
95,250
102,855
100,607
104,718
114,419
111,162
92,026
45,291
-20,771
102,396
Total Equity
8.17
- -
16.23
14.15
- -
4.47
1.81
3.99
5.25
- -
4.2
4.27
3.82
- -
- -
- -
- -
Return on Invested Capital (%)
13.85
- -
17.59
15.72
- -
5.26
2.56
4.66
5.8
- -
3.84
5.79
8.59
- -
- -
- -
- -
Return on Capital (%)
23.1
4.96
33.89
27.11
-2.1
9.15
2.76
5.71
7.58
0.98
4.88
7.44
7.54
-10.16
-39.71
-145.63
58.07
Return on Common Equity (%)

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
106,634
217,360
55,795
LT Borrowings
1,370
- -
- -
LT Finance Leases
69,101
84,471
137
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
16
16
16
Market Capitalization
32,926
30,382
22,621

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
101,834
221,078
104,176
Cash, Cash Equivalents & STI
13,612
72,368
15,244
Accounts Receivable, Net
37,841
33,924
30,846
Inventories
42,356
56,686
48,626
Total Current Liabilities
247,995
384,715
100,348
Payables & Accruals
- -
- -
- -
ST Debt
106,634
217,360
55,795
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-18.87%
-41.49%
-145.86%
Free Cash Flow
-65.04%
-16.62%
-132.44%
Net Income, GAAP
49.14%
16.9%
55.05%
Sales/Revenue/Turnover
8.32%
12.75%
11.12%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
121,900
116,534
125,533
124,880
488,847
2025
146,241
123,660
124,805
148,490
543,196
2026
93,778
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-6
-542
-257
-1,051.53
-1,857
2025
-114.8
-751.84
-1,683.03
-573.54
-3,101.25
2026
5,897.72
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
DAP Co., Ltd. is a South Korea-based electronic components manufacturer primarily engaged in the development, manufacturing, and distribution of high-density printed circuit boards (PCBs) for consumer electronics, automotive systems, and telecommunications equipment. Founded in 1987 and headquartered in Anseong, Gyeonggi-do, South Korea, the company operates advanced manufacturing facilities in South Korea and maintains international sales networks across Asia, North America, and Europe. The company's core product portfolio includes High-Density Interconnect (HDI) PCBs; any-layer HDI and micro-via build-up boards for smartphones, tablet PCs, smartwatches, and memory modules; Multi-Layer Printed Circuit Boards (MLB) ranging from standard 4-layer configurations to ultra-high-layer substrates for networking devices, display panels, and computing systems; rigid-flex PCBs for compact consumer devices; and specialized, high-reliability automotive PCBs designed for Advanced Driver Assistance Systems (ADAS), 77GHz/79GHz automotive radar sensor modules, electronic control units (ECUs), electric vehicle (EV) battery management systems (BMS), powertrain electronics, and in-vehicle infotainment (IVI) systems. In addition to hardware fabrication, the company offers engineering services encompassing thermal management design, high-frequency signal integrity verification, rapid prototyping, and surface mount technology (SMT) assembly support. In recent strategic developments, DAP Co., Ltd. has actively pivoted its revenue structure from mobile handset HDI boards toward high-value automotive electronics and autonomous driving sensor modules to counter smartphone market saturation and capitalize on electric and autonomous vehicle growth. To accelerate this transition, the company has expanded its manufacturing capabilities for high-frequency radar PCBs and automotive safety components, securing supplier certifications and deepening commercial relationships with premier automotive Tier-1 suppliers and global automotive original equipment manufacturers (OEMs). Furthermore, the company has enhanced its production efficiency and quality control infrastructure through automation investments across its primary Anseong plant and consolidated its global supply chain operations to serve major technology conglomerates in mobile, automotive, and industrial electronics sectors.