1. South Korea Stocks

  2. •

    Producer manufacturing

  3. •

    Trucks/Construction/Farm machinery
Dongbang Ship Machinery Co., Ltd.

Dongbang Ship Machinery Co., Ltd.

KKRX:099410
2,530.00
KRW
-95.00
(-3.62%)
654.10EPS
7.03P/E
64.15BMarket 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
3,133.95
3,300.85
4,157.68
2,655.64
1,440.47
1,284.61
1,760.34
1,601.34
1,692.53
1,834.94
2,016.58
2,564.69
3,002.89
3,055.09
Basic EPS, GAAP
-1,026
-146
-84
-206.55
-275
-178
-73
-69
78
94.5
354.2
434
570
654.1
Free Cash Flow per Basic Share
-131.05
-198.72
393.89
-6.49
54.75
-4.81
-182.34
-122.01
129.32
-668.83
369.44
322.62
705.78
839.25
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
3,394.48
3,241.97
3,163.27
2,758.45
2,331.74
2,175.91
2,107.53
2,048.53
2,119.45
2,237.41
2,591.21
2,999.73
3,573.69
3,679.26
Tangible Book Value per Share
3,192.87
3,088.74
2,997.62
2,673.55
2,324.44
2,171.71
2,106.31
2,048.53
2,119.45
2,237.41
2,590.63
2,261.36
2,870.49
2,984.81
Basic Weighted Avg Shares
8
11
11
11
13
13
13
13
14
14
14
14
14
14
Sales/Revenue/Turnover
24,243
35,539
45,093
29,203
19,302
17,059
23,630
21,555
22,981
24,860
27,308
35,716
41,879
42,606
Operating Margin (%)
-33.01
-5
2.97
6.15
-3.46
-16.57
-5.31
-6.31
2.13
5.63
12.5
11.43
22.18
24.46
Depreciation Expense
1,657
1,599
1,608
1,315
797
510
655
656
561
597
951
1,254
1,455
1,451
Net Income, GAAP
-7,937
-1,572
-911
-2,271
-3,685
-2,364
-980
-929
1,059
1,280
4,796
6,044
7,949
9,122
Effective Tax Rate (%)
- -
- -
- -
- -
292.48
- -
- -
- -
11.82
- -
- -
- -
10.81
10.06
Profit Margin (%)
-32.74
-4.42
-2.02
-7.78
-19.09
-13.86
-4.15
-4.31
4.61
5.15
17.56
16.92
18.98
21.41
Working Capital
-6,403
-6,534
-11,081
9,883
13,123
12,202
11,443
10,495
10,766
3,089
6,651
9,067
19,113
12,979
LT Debt
15,855
16,430
13,150
- -
- -
- -
45
- -
- -
18
12
11,307
11,301
3,301
Total Equity
36,876
34,793
34,553
37,352
30,443
28,883
28,538
27,739
28,699
30,297
35,088
41,834
49,839
51,311
Return on Invested Capital (%)
- -
- -
- -
- -
4.34
- -
- -
- -
1.52
- -
- -
- -
14.1
15.96
Return on Capital (%)
- -
- -
- -
- -
-10.87
- -
- -
- -
3.75
- -
- -
- -
14.32
16.19
Return on Common Equity (%)
-22.18
-4.39
-2.63
-6.32
-10.87
-7.97
-3.41
-3.3
3.75
4.34
14.67
15.71
17.34
19.52

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
74
373
8,273
LT Borrowings
11,300
11,300
3,300
LT Finance Leases
2
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
14
14
14
Market Capitalization
71,125
62,897
64,152

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
18,112
24,546
26,063
Cash, Cash Equivalents & STI
5,996
13,012
14,891
Accounts Receivable, Net
8,125
7,226
6,063
Inventories
3,926
4,241
5,043
Total Current Liabilities
4,251
5,433
13,084
Payables & Accruals
- -
- -
- -
ST Debt
74
373
8,273
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.37%
12.64%
19.13%
Free Cash Flow
149.09%
-173.85%
119.08%
Net Income, GAAP
25.1%
27.81%
31.53%
Sales/Revenue/Turnover
2.17%
14.54%
17.25%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,657
7,734
9,224
13,101
35,716
2025
8,469
8,869
11,507
13,035
41,879
2026
9,197
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.6
65.4
60.6
305.16
434
2025
22
32.41
208.18
307.27
570
2026
106.24
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Seong-Wook Kim
Full Time Employees
90
Sector
Producer manufacturing
Industry
Trucks/Construction/Farm machinery
Address
Changwon South Korea
IPO Date
Nov 11, 2009
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Business
Dongbang Ship Machinery Co., Ltd. is a South Korea-based manufacturing company primarily engaged in the fabrication, surface treatment, and supply of industrial piping systems and marine environmental equipment for the shipbuilding, offshore, and onshore plant engineering sectors. Founded in 1994 and headquartered in Changwon, South Korea, the company operates as a consolidated subsidiary of Sejin Heavy Industries Co., Ltd. and is listed on the KOSDAQ under the ticker symbol 099410. Dongbang Ship Machinery conducts its operations through two core business divisions: the Piping System (PS) Division and the Water & Environment (WE) Division. The company's comprehensive product and service portfolio includes carbon steel, stainless steel, and specialty alloy pipe spools engineered for commercial vessels, floating offshore structures, and industrial plants; high-precision piping modules and cryogenic piping systems designed for liquefied natural gas (LNG) and liquefied petroleum gas (LPG) carriers; automated blasting, painting, anti-corrosion coating, and specialized surface finishing services; marine Sewage Treatment Plants (STP) developed for onboard wastewater processing in compliance with International Maritime Organization (IMO) effluent standards; and evaporative fresh water generators, including the ISF-C Series, which utilize marine engine waste heat for seawater desalination. In recent strategic developments, Dongbang Ship Machinery broadened its operational scope and environmental technology portfolio by acquiring the Sewage Treatment Plant (STP) business division from affiliate IL SEUNG Co., Ltd. in June 2024, thereby establishing its dedicated Water & Environment Business Unit. Amid increased global demand for high-value and eco-friendly vessels, the company has expanded production capacity to support surging LNG carrier construction cycles, capitalized on integrated manufacturing synergies within the Sejin Heavy Industries group, and refreshed its executive management structure in early 2026 to accelerate operational efficiency and international market expansion.