Doosan Fuel Cell Co., Ltd.

Doosan Fuel Cell Co., Ltd.

5,290.00
KRW
+70.00
(+1.34%)
Oct 28Next Earn
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
221,171
461,839
381,412
312,149
260,886
411,784
454,795
415,685
Operating Margin (%)
8.81
5.64
4.72
2.31
1.2
0.65
-23.13
-34.74
Depreciation Expense
1,632
7,318
8,653
12,335
15,403
18,143
25,902
37,396
Net Income, GAAP
11,871
14,190
8,695
3,864
-8,500
-10,475
-132,804
-188,893
Effective Tax Rate (%)
25.85
22.32
53.33
9.66
- -
- -
- -
- -
Profit Margin (%)
5.37
3.07
2.28
1.24
-3.26
-2.54
-29.2
-45.44
Working Capital
183,057
387,412
420,619
363,052
360,702
294,613
106,420
27,833
LT Debt
99,690
930
81,816
133,677
198,127
230,852
279,189
252,752
Total Equity
166,771
512,544
518,188
523,064
512,652
498,896
367,480
299,626
Return on Invested Capital (%)
- -
4.43
1.37
0.93
- -
- -
- -
- -
Return on Capital (%)
- -
4.09
1.82
1.19
- -
- -
- -
- -
Return on Common Equity (%)
- -
4.2
1.69
0.74
-1.65
-2.08
-30.77
-48.31

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
268,087
407,118
416,468
LT Borrowings
274,398
250,758
246,001
LT Finance Leases
4,791
6,296
6,751
Preferred Equity and Hybrid Capital
1,635
1,635
1,635
Shares Outstanding
- -
- -
- -
Market Capitalization
- -
- -
- -

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
569,347
679,945
708,744
Cash, Cash Equivalents & STI
66,669
130,521
120,958
Accounts Receivable, Net
77,625
118,628
80,142
Inventories
372,994
369,408
456,859
Total Current Liabilities
462,928
609,559
680,911
Payables & Accruals
- -
- -
- -
ST Debt
268,087
407,118
416,468
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-5.79%
-26.34%
Free Cash Flow
- -
-132.39%
-653.55%
Net Income, GAAP
- -
155.36%
1,167.85%
Sales/Revenue/Turnover
- -
3.26%
10.45%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
31,691
86,488
32,023
261,581
411,784
2025
99,749
128,467
90,806
135,772
454,795
2026
144,847
44,259
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

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

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

CEO
Doosoon Lee
Full Time Employees
709
Sector
Electronic technology
Industry
Electronic production equipment
Address
100, Seogam-ro 7-gil Iksan-si NJ South Korea 4563
IPO Date
Oct 18, 2019
Business
Doosan Fuel Cell Co., Ltd. develops, manufactures and supplies phosphoric acid fuel cell (PAFC) systems for stationary power generation, along with solid oxide fuel cell (SOFC) and proton exchange membrane fuel cell (PEMFC) technologies for distributed power, maritime and mobility applications; core products include the 400 NG natural gas-fueled PAFC model, M400 hydrogen energy solution, biogas-compatible hydrogen fuel cell models and Ceres Power-licensed SOFC stacks and systems with 50MW annual mass production capacity at its Gunsan factory, complemented by long-term maintenance services for fuel cell power plants. Doosan Fuel Cell America (HyAxiom), its US subsidiary, focuses on hydrogen fuel cells for utility, industrial and commercial customers. The company, founded in 2019 and headquartered in Iksan-si, South Korea, operates primarily in South Korea with global reach through partnerships in the US, UK, China and maritime sectors. Recent developments include the July 2025 start of SOFC mass production targeting data centers and commercial power; a September 2025 20-year, 411.8 billion won ($308 million) long-term service agreement with Ulsan Eneroot No. 2 Corporation for a hydrogen fuel cell plant; a December 2024 merger integrating its PEMFC and SOFC businesses into Doosan Mobility Innovation via a 134 billion won capital increase; partnerships with Ceres Power for SOFC, Alleima for components, Korea Western Power for biogas models, Korea Hydro & Nuclear Power for carbon capture technology, HD Hydrogen and HD Hyundai Infracore for distributed power, Samchully for domestic SOFC expansion and Ballard Power Systems for PEM mobility; a March 2025 hydrogen drone demonstration with SoCalGas; and April 2025 termination of three PAFC contracts worth $560 million due to project delays.