DAEHAN SHIPBUILDING Co., Ltd.

DAEHAN SHIPBUILDING Co., Ltd.

KKRX:439260
37,050.00
KRW
-950.00
(-2.50%)
8,147.51EPS
6.38P/E
1.99TMarket Cap
Nov 13Next Earn
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
107,993.84
77,602.73
77,890.27
36,107.07
34,879.73
Basic EPS, GAAP
-1,626
3,642
12,506
7,314
8,147.51
Free Cash Flow per Basic Share
14,770.1
-12,215.45
11,056.91
4,497.94
7,016.3
Dividend per Share
- -
- -
- -
- -
- -
Book Value per Share
3,504.86
4,450.88
11,769.7
28,561.81
31,345.82
Tangible Book Value per Share
3,455.83
4,407.6
11,732.19
28,523.57
31,202.84
Basic Weighted Avg Shares
6
11
14
34
37
Sales/Revenue/Turnover
693,679
816,373
1,075,312
1,228,128
1,287,085
Operating Margin (%)
0.51
4.49
14.7
23.95
26.39
Depreciation Expense
9,950
11,068
12,294
11,568
11,809
Net Income, GAAP
-10,444
38,313
172,651
248,775
300,649
Effective Tax Rate (%)
- -
- -
- -
20.39
23.45
Profit Margin (%)
-1.51
4.69
16.06
20.26
23.36
Working Capital
-61,041
-41,210
69,810
712,695
685,102
LT Debt
146,454
153,476
201
142
81
Total Equity
135,030
171,476
453,443
1,092,384
1,198,862
Return on Invested Capital (%)
- -
- -
- -
24.65
25.65
Return on Capital (%)
- -
- -
- -
27.24
30.42
Return on Common Equity (%)
- -
25
55.26
32.19
34.23

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
207
197
198
LT Borrowings
- -
- -
- -
LT Finance Leases
142
107
81
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
38
38
38
Market Capitalization
2,562,503
3,277,709
1,988,808

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,123,262
1,218,967
1,197,597
Cash, Cash Equivalents & STI
510,034
602,328
630,121
Accounts Receivable, Net
99,066
92,244
99,855
Inventories
35,906
54,649
36,217
Total Current Liabilities
410,566
462,209
512,496
Payables & Accruals
- -
- -
- -
ST Debt
207
197
198
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
140.91%
Free Cash Flow
- -
- -
0.23%
Net Income, GAAP
- -
- -
44.09%
Sales/Revenue/Turnover
- -
- -
14.21%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
211,556
253,569
278,216
331,971
1,075,312
2025
307,702
296,048
273,973
350,405
1,228,128
2026
308,271
354,435
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,069
2,701
2,342
2,538.13
12,506
2025
1,984
1,431
2,026
2,043.1
7,314
2026
2,011
2,066
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

CEO
Sam-dong Wang
Full Time Employees
559
Sector
Producer manufacturing
Industry
Trucks/Construction/Farm machinery
Address
498 Joseonso-gil Haenam SJ South Korea 59000
IPO Date
Aug 1, 2025
Business
Daehan Shipbuilding Co., Ltd. manufactures and repairs ocean-going vessels with a primary focus on mid-sized ships. Its main products include crude oil tankers (notably Suezmax and Aframax classes) equipped with LNG Fuel System technology for environmental compliance; product carriers that transport refined oil products and feature advanced fuel-saving and eco-friendly technologies; shuttle tankers using dynamic positioning and bow loading systems to maintain stable offshore operations; container ships ranging from 1,000 TEU to 8,800 TEU capacities emphasizing diverse ship types; and bulk carriers for powdered or granular goods such as grains, coal, and ores. The company operates primarily from its South Korean headquarters and targets global markets, having secured a significant backlog of orders demonstrating strong international demand. Founded in 2008 and headquartered in South Korea, Daehan Shipbuilding has recently strengthened its market position through large-scale contracts, including securing eight Suezmax crude oil carrier orders within ten days and signing a contract to build two 8,800 TEU container ships valued at approximately KRW 330 billion. These orders reflect a strategic expansion from tankers into container shipbuilding and underline its technological capabilities and customer diversification. The company also recently delivered several contracts for eco-friendly vessels complying with International Maritime Organization environmental standards, confirming its leadership in sustainable shipbuilding. Additionally, it has been involved in agreements for vessel acquisitions by third-party companies, further establishing its influence in the mid-sized shipbuilding market. Daehan Shipbuilding continues to secure nearly three years of backlog orders, bolstering its operational stability and growth potential. The company remains focused on the mid-sized tanker sector while expanding into container carriers and shuttle tankers, serving diverse global shipping clients. Its advanced ship designs and environmental technologies position it competitively within the international shipbuilding industry, specializing in economically and ecologically efficient vessels to meet evolving maritime transport demands.