DSM Corp.

DSM Corp.

KKRX:104040
3,175.00
KRW
-65.00
(-2.01%)
-73.62EPS
87.32BMarket Cap
DSM Corp.
KRX:104040
(Korea Stock Exchange)

Recent

price

3,175.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
KRW
4,403.91
6,510.73
6,903.03
7,125.93
7,740.91
8,694.34
8,598.24
7,516.84
6,165.54
6,108.43
5,273.97
5,341.01
4,459.74
4,790.41
887.57
1,342.15
1,979.9
Revenue per Share
411
758.92
723
633
662
789.73
715
380
475
198.74
260
155
-505
-335
-350
95
-74.17
Basic EPS, GAAP
450.61
500.66
476.11
655.58
-181.21
626.43
-427.33
-2,538.8
-894.74
-345.44
90.5
240.12
-219.94
-581.17
-510.52
-1,049.42
- -
Free Cash Flow per Basic Share
41.63
104.45
96.77
109.92
109.23
110.52
112.44
- -
- -
- -
30.55
- -
- -
- -
- -
- -
- -
Dividend per Share
3,482.88
4,517.19
5,237.13
5,742.68
6,237.83
6,966.01
7,506.25
7,874.6
8,414.09
8,638.51
8,774.93
8,930.36
8,427.19
8,091.93
5,898.95
4,292.61
4,161.09
Book Value per Share
3,350.64
4,453.24
5,162.66
5,651.66
6,148.26
6,905.87
7,454.02
7,859.7
8,402.06
8,621.86
8,761.5
8,921.61
8,421.16
8,061.59
5,885.92
4,196.98
4,070.34
Tangible Book Value per Share
5
5
5
5
5
5
6
6
6
6
6
6
6
6
18
21
21
Basic Weighted Avg Shares
22,959
32,471
35,070
35,561
38,873
44,267
47,677
42,539
38,588
37,466
32,088
32,851
27,255
29,404
16,200
28,478
41,844
Sales/Revenue/Turnover
9.87
15.77
13.01
13.37
10.4
12.08
10.3
7.98
1.96
0.83
3.04
3.26
-8.52
-6.87
-38.98
-27.83
-18.36
Operating Margin (%)
1,818
1,627
1,574
1,446
1,775
1,745
1,828
1,959
1,928
2,614
2,624
2,479
2,371
2,466
3,076
4,246
4,218
Depreciation Expense
2,143
3,785
3,673
3,159
3,324
4,021
3,965
2,150
2,973
1,219
1,582
953
-3,086
-2,056
-6,388
2,016
-1,568
Net Income, GAAP
15.91
15.73
19.6
34.82
15.03
18.96
17.83
18.95
11.34
- -
20.27
12.65
- -
- -
- -
- -
- -
Effective Tax Rate (%)
9.33
11.66
10.47
8.88
8.55
9.08
8.32
5.06
7.7
3.25
4.93
2.9
-11.32
-6.99
-39.43
7.08
-3.75
Profit Margin (%)
8,231
8,405
10,733
13,907
9,498
15,809
16,161
10,201
8,828
5,837
3,474
1,417
688
2,200
4,847
-34,347
-32,530
Working Capital
4,015
2,572
328
717
1,293
3,611
5,807
15,722
18,182
16,746
4,467
704
2,831
963
46,479
39,394
73,814
LT Debt
18,142
22,349
26,263
28,774
32,041
36,304
41,902
48,816
51,708
53,201
53,821
54,775
51,689
49,632
54,968
114,448
110,941
Total Equity
7.4
13.13
11.24
9.16
8.68
9.15
7.29
3.98
0.83
- -
0.94
1.2
- -
- -
- -
- -
- -
Return on Invested Capital (%)
9.26
13.78
12.06
9.71
8.91
9.09
8.17
3.82
4.64
- -
2.58
1.7
- -
- -
- -
- -
- -
Return on Capital (%)
12.48
18.76
15.2
11.54
10.98
11.81
10.17
4.75
5.93
2.33
2.96
1.76
-5.8
-4.06
-12.21
2.38
-1.79
Return on Common Equity (%)

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
44,662
48,249
50,105
LT Borrowings
12,026
14,190
47,980
LT Finance Leases
26,748
25,204
25,835
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
27
27
27
Market Capitalization
124,509
95,715
87,317

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
35,391
28,609
34,560
Cash, Cash Equivalents & STI
14,916
8,672
8,546
Accounts Receivable, Net
8,316
9,229
10,652
Inventories
9,082
8,804
10,660
Total Current Liabilities
60,873
62,956
67,090
Payables & Accruals
- -
- -
- -
ST Debt
44,662
48,249
50,105
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.3%
22.22%
108.21%
Free Cash Flow
52.57%
88.56%
138.97%
Net Income, GAAP
-45.59%
-83.54%
-131.55%
Sales/Revenue/Turnover
-0.55%
4.82%
75.79%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8,086
9,477
4,681
10,097
16,200
2025
2,683
7,922
8,515
12,895
28,478
2026
12,512
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.63
15
-70
39.89
-350
2025
-145
-429.27
330.59
-33.71
95
2026
-146.56
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
DSM Corp., formerly known as Daesung Fine Tec Co., Ltd., is a South Korea-based diversified manufacturing and technology company specializing in precision automotive components, renewable energy solutions, and technology-driven spatial entertainment platforms. The company operates through three core business segments: Mobility, Energy, and Monolith. The Mobility division manufactures and exports precision automotive parts using fine blanking technology, with a product portfolio that includes automotive seat recliners and adjusters; door lock mechanisms; transmission parts; brake and chassis components; and custom high-precision fine blanking dies and molds supplied to automotive original equipment manufacturers and Tier-1 suppliers worldwide. The Energy division manufactures, distributes, and installs renewable energy systems, including solar thermal water heaters; solar heating apparatus; commercial and residential boilers; and turnkey photovoltaic solar power generation facilities. The Monolith division develops and operates smart mobility and interactive spatial entertainment attractions centered around its proprietary 9.81 Park intellectual property, featuring electric gravity racing vehicles (Gravity Racers); real-time telemetry and racing data platforms; sensor- and artificial intelligence-integrated leisure software; and experiential amusement park facilities. In recent corporate developments, the company completed a strategic merger with Monolith Co., Ltd., an interactive leisure and vehicle technology startup, and officially changed its corporate name from Daesung Fine Tec Co., Ltd. to DSM Corp. in April 2026. Following the merger, the company expanded its strategic scope into physical artificial intelligence and next-generation mobility leisure, adopted a co-chief executive officer governance structure across its business divisions, and initiated expansion plans for its 9.81 Park entertainment hubs. Founded in 1988 and listed on the KOSDAQ market (KRX:104040), DSM Corp. is headquartered in Changwon-si, Gyeongsangnam-do, South Korea, and serves commercial, industrial, and consumer markets domestically and internationally.