Financials Dongjin Semichem Co., Ltd.

Equities

A005290

KR7005290002

Specialty Chemicals

End-of-day quote Korea S.E. 23:00:00 08/05/2024 BST 5-day change 1st Jan Change
47,800 KRW +1.27% Intraday chart for Dongjin Semichem Co., Ltd. +10.14% +23.51%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 375,840 861,193 1,876,629 2,622,139 1,539,864 1,989,741
Enterprise Value (EV) 1 610,969 1,078,487 2,013,011 2,774,168 1,617,549 2,229,819
P/E ratio 7.88 x 14.7 x 22 x 25.4 x 9.66 x 15.6 x
Yield 1.23% 0.54% 0.27% 0.22% 0.43% 0.31%
Capitalization / Revenue 0.45 x 0.98 x 2 x 2.26 x 1.06 x 1.52 x
EV / Revenue 0.74 x 1.23 x 2.15 x 2.39 x 1.11 x 1.7 x
EV / EBITDA 5.73 x 7.34 x 11.7 x 15.5 x 6.06 x 9.62 x
EV / FCF -325 x 33.7 x 41.3 x -55.6 x 23.7 x -11.1 x
FCF Yield -0.31% 2.97% 2.42% -1.8% 4.23% -9.01%
Price to Book 1.24 x 2.42 x 4.33 x 4.74 x 2.21 x 2.47 x
Nbr of stocks (in thousands) 51,414 51,414 51,414 51,414 51,414 51,414
Reference price 2 7,310 16,750 36,500 51,000 29,950 38,700
Announcement Date 14/03/19 18/03/20 18/03/21 17/03/22 16/03/23 14/03/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 827,231 875,254 937,801 1,161,284 1,457,215 1,309,924
EBITDA 1 106,670 146,854 172,163 178,958 266,876 231,689
EBIT 1 71,116 104,937 126,040 130,044 216,775 176,172
Operating Margin 8.6% 11.99% 13.44% 11.2% 14.88% 13.45%
Earnings before Tax (EBT) 1 61,731 88,079 121,960 135,796 210,964 162,943
Net income 1 47,704 58,527 85,249 103,264 159,479 127,315
Net margin 5.77% 6.69% 9.09% 8.89% 10.94% 9.72%
EPS 2 927.8 1,138 1,658 2,008 3,102 2,476
Free Cash Flow 1 -1,880 32,034 48,705 -49,886 68,392 -200,985
FCF margin -0.23% 3.66% 5.19% -4.3% 4.69% -15.34%
FCF Conversion (EBITDA) - 21.81% 28.29% - 25.63% -
FCF Conversion (Net income) - 54.73% 57.13% - 42.88% -
Dividend per Share 2 90.00 90.00 100.0 110.0 130.0 120.0
Announcement Date 14/03/19 18/03/20 18/03/21 17/03/22 16/03/23 14/03/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3
Net sales 1 - 377.1 373.3 345 331.3 311
EBITDA - - - - - -
EBIT 1 - 62.39 52.78 51.22 45.56 42.82
Operating Margin - 16.55% 14.14% 14.85% 13.75% 13.77%
Earnings before Tax (EBT) 1 - 72.06 38.23 52.29 36.81 44.15
Net income 39.33 54.94 27.26 - 27.37 -
Net margin - 14.57% 7.3% - 8.26% -
EPS 765.0 - - - 532.0 -
Dividend per Share - - - - - -
Announcement Date 16/08/22 08/11/22 08/03/23 08/05/23 07/08/23 07/11/23
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 235,129 217,294 136,382 152,029 77,685 240,078
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.204 x 1.48 x 0.7922 x 0.8495 x 0.2911 x 1.036 x
Free Cash Flow 1 -1,880 32,034 48,705 -49,886 68,392 -200,985
ROE (net income / shareholders' equity) 16.7% 17.6% 21.4% 20.6% 24.8% 16.1%
ROA (Net income/ Total Assets) 6.23% 8.19% 8.75% 7.57% 10.6% 7.39%
Assets 1 766,112 714,417 974,788 1,363,894 1,506,993 1,723,382
Book Value Per Share 2 5,875 6,931 8,437 10,764 13,553 15,658
Cash Flow per Share 2 1,670 2,225 3,915 4,497 5,455 5,301
Capex 1 50,533 75,457 59,944 98,848 92,936 282,834
Capex / Sales 6.11% 8.62% 6.39% 8.51% 6.38% 21.59%
Announcement Date 14/03/19 18/03/20 18/03/21 17/03/22 16/03/23 14/03/24
1KRW in Million2KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Quarterly revenue - Rate of surprise

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