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    Non-energy minerals

  3. •

    Construction materials
Dongkuk Refractories & Steel Co., Ltd

Dongkuk Refractories & Steel Co., Ltd

KKRX:075970
1,536.00
KRW
-56.00
(-3.52%)
62.22EPS
34.77P/E
40.11BMarket 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
6,468.21
5,916.63
5,374.93
5,437.48
5,320.75
5,820.08
6,405.5
5,437.8
5,640.84
6,815.36
8,452.96
6,359.87
5,906.74
6,126.39
Basic EPS, GAAP
-46
97
-79.8
104
141
166
140
173
161
214
37
94
31
62.7
Free Cash Flow per Basic Share
130.03
429.88
63.51
348.4
-172.44
277.79
79.31
487.7
-356.27
62.49
51.55
119.28
241.07
411.87
Dividend per Share
81.15
79.66
80
- -
87.73
98.55
97.68
91.71
87.86
84.89
127.74
95.48
83.92
1.8
Book Value per Share
3,987.41
3,995.58
3,815.78
3,912.74
3,950.33
4,014.64
4,065.65
4,148.03
4,197.2
4,330.83
4,236.57
4,281.83
4,294.93
4,261.25
Tangible Book Value per Share
3,886.96
3,896.51
3,717.36
3,815.14
3,857.38
3,921.84
3,975.22
4,052.38
4,101.54
4,239.73
4,185.37
4,240.11
4,217.39
4,183.77
Basic Weighted Avg Shares
18
18
18
17
18
17
16
17
18
17
13
17
19
18
Sales/Revenue/Turnover
117,332
109,332
98,899
94,528
95,194
101,618
101,829
93,381
104,141
118,182
108,391
110,360
110,735
111,638
Operating Margin (%)
4.35
2.93
0.55
3.81
3.96
5.7
3.52
4.52
2.7
3.56
1.92
1.03
3.22
3.33
Depreciation Expense
3,651
4,587
4,158
3,050
2,586
2,603
2,306
2,545
2,547
2,708
3,125
3,611
3,890
- -
Net Income, GAAP
-834
1,792
-1,468
1,808
2,523
2,898
2,226
2,971
2,972
3,711
474
1,631
581
1,142
Effective Tax Rate (%)
- -
16.92
27.08
24.8
23.47
33.72
24.91
14.34
14.41
12.6
- -
- -
35.06
23.02
Profit Margin (%)
-0.71
1.64
-1.48
1.91
2.65
2.85
2.19
3.18
2.85
3.14
0.44
1.48
0.52
1.02
Working Capital
32,598
26,142
24,520
28,682
26,249
28,039
29,636
31,504
21,678
29,230
27,268
26,803
25,472
26,182
LT Debt
27,900
21,000
6,000
4,000
- -
- -
105
127
1,124
760
2,123
1,364
558
1,449
Total Equity
77,137
77,360
74,443
76,160
76,574
77,739
78,979
80,571
79,854
82,452
80,715
81,846
82,054
81,647
Return on Invested Capital (%)
- -
2.3
0.36
2.6
2.92
3.93
2.78
3.61
2.24
3.28
- -
- -
1.98
2.46
Return on Capital (%)
- -
2.8
-0.73
2.34
3.15
3.4
2.55
3.38
3.36
3.93
- -
- -
1.14
1.04
Return on Common Equity (%)
-1.12
2.44
-2.04
2.54
3.49
3.96
2.99
3.93
3.87
4.73
0.6
2.08
0.74
1.47

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
27,308
27,315
27,319
LT Borrowings
- -
- -
800
LT Finance Leases
605
558
649
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
18
18
18
Market Capitalization
42,320
41,584
40,112

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
65,525
66,136
68,199
Cash, Cash Equivalents & STI
15,103
15,273
15,186
Accounts Receivable, Net
21,070
21,795
22,486
Inventories
27,146
27,480
27,392
Total Current Liabilities
39,667
40,664
42,016
Payables & Accruals
- -
- -
- -
ST Debt
27,308
27,315
27,319
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.99%
0.38%
0.25%
Free Cash Flow
49.79%
-0.51%
118.35%
Net Income, GAAP
-4.13%
23.42%
-64.37%
Sales/Revenue/Turnover
1.38%
3.78%
0.34%
Total Cash Common Dividend
- -
0.22%
-5.05%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
27,892
29,221
25,947
27,300
110,360
2025
26,937
29,194
28,561
26,043
110,735
2026
27,840
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
12
35
-19
66.11
94
2025
-26
46.81
36
-24
31
2026
4.67
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
-0.39
2.72
95.48
2025
- -
- -
0.91
0.91
83.92
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Gi-Seong Nam
Full Time Employees
139
Sector
Non-energy minerals
Industry
Construction materials
Address
Gimhae-si South Korea
IPO Date
Feb 13, 2004
Website
dkref.co.kr
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Business
Dongkuk Refractories & Steel Co., Ltd. (Dongkuk R&S) is a South Korea-based manufacturer and supplier of specialized refractory materials, industrial steel pipes, and advanced thermal engineering solutions. Founded in 2004 through a spin-off from Dongkuk Industries and headquartered in Pohang, Gyeongsangbuk-do, the company operates as a key manufacturing affiliate within the Dongkuk Industry Group. The company organizes its core business into two primary operating segments: Refractories and Steel. Its Refractories division develops, manufactures, and supplies shaped refractories such as magnesia-carbon bricks, high-alumina bricks, sliding nozzle plates, continuous casting submerged entry nozzles, porous plugs, and ladle shroud tubes; unshaped and monolithic refractories including high-performance refractory castables, gunning mixes, ramming compounds, plastic refractories, and high-temperature bonding mortars; and specialized molten metal flow control systems designed for blast furnaces, electric arc furnaces, converters, ladles, and tundishes. Its Steel division manufactures and markets structural steel pipes, including cold-formed square and rectangular hollow sections, carbon steel tubes for general structure and piping, and precision-cut steel components utilized in civil engineering, architectural construction, and industrial equipment. Furthermore, the company offers integrated furnace lining engineering, industrial kiln construction, and thermal maintenance services for primary steelmakers, non-ferrous metallurgical plants, cement producers, and petrochemical facilities across domestic and international markets. In recent strategic developments, Dongkuk Refractories & Steel has expanded its operational footprint into critical minerals and future mobility materials through a strategic partnership with Australian Strategic Materials (ASM) and its domestic subsidiary KSM Metals, cooperating on the supply, processing, and commercialization of rare earth metals and neodymium-praseodymium (NdPr) alloys for electric vehicle traction motors and permanent magnets. Additionally, the company has advanced its research and development initiatives toward carbon-neutral steelmaking solutions, introducing eco-friendly low-carbon refractories, high-durability continuous casting consumables, and circular refractory recycling processes, alongside ongoing automation and capacity upgrades across its Pohang production facilities.