About A084010

Founded: 1954
Employees: 395
CEO: Kyungbaek Lee
WebsiteView website: www.idaehan.com

Daehan Steel Co., Ltd. engages in the manufacture and sale of steel products in South Korea and internationally. It offers square billets; deformed bars used as construction material for building concrete structures; processed rebars; and bars in coils for reducing the loss of rebar and enhancing productivity. The company was founded in 1954 and is headquartered in Busan, South Korea.

Recent A084010 News & Updates

New Risk • May 28

New major risk - Dividend sustainability

The dividend is not well covered by earnings and cash flows. Payout ratio: 102% The company is paying a dividend despite having no free cash flows. Dividend yield: 3.2% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 102% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.6% net profit margin).

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Daehan Steel Co., Ltd. Stock Price

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Daehan Steel Co., Ltd. Key Details

About A084010

Recent A084010 News & Updates

Investor sentiment deteriorates as stock falls 16%

Daehan Steel's (KRX:084010) Sluggish Earnings Might Be Just The Beginning Of Its Problems

New major risk - Dividend sustainability

Recent updates

Daehan Steel Co., Ltd. Competitors

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