Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improves as stock rises 43% After last week's 43% share price gain to ₩15,140, the stock trades at a trailing P/E ratio of 74.7x. Average trailing P/E is 6x in the Construction industry in South Korea. Total returns to shareholders of 28% over the past three years. New Risk • Jul 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₩115.8b market cap, or US$74.3m). Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₩10,560, the stock trades at a trailing P/E ratio of 52.1x. Average trailing P/E is 6x in the Construction industry in South Korea. Total loss to shareholders of 13% over the past three years. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩12,250, the stock trades at a trailing P/E ratio of 60.5x. Average trailing P/E is 6x in the Construction industry in South Korea. Negligible returns to shareholders over past three years. New Risk • Mar 03
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩138.8b (US$93.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (₩138.8b market cap, or US$93.8m). Announcement • Feb 20
Dongsin Engineering & Construction, Annual General Meeting, Mar 27, 2026 Dongsin Engineering & Construction, Annual General Meeting, Mar 27, 2026, at 10:00 Tokyo Standard Time. Location: conference room, 2470, dalgubeol-daero, suseong-gu, daegu South Korea Upcoming Dividend • Dec 22
Upcoming dividend of ₩250 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 21 April 2026. Trailing yield: 1.4%. Lower than top quartile of South Korean dividend payers (3.6%). Lower than average of industry peers (1.7%). New Risk • Dec 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 20
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: ₩10.3b (down 46% from 3Q 2024). Net loss: ₩1.86b (down 195% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Declared Dividend • Nov 08
Dividend of ₩250 announced Dividend of ₩250 is the same as last year. Ex-date: 29th December 2025 Payment date: 21st April 2026 Dividend yield will be 1.7%, which is lower than the industry average of 2.8%. Sustainability & Growth The dividend has increased by an average of 14% per year over the past 4 years and payments have been stable during that time. Announcement • Nov 07
Dongsin Engineering & Construction announces Annual dividend, payable on April 21, 2026 Dongsin Engineering & Construction announced Annual dividend of KRW 250.0000 per share payable on April 21, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. New Risk • Sep 01
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩138.9b (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.2% net profit margin). Market cap is less than US$100m (₩138.9b market cap, or US$99.8m). New Risk • May 23
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 32% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). High level of non-cash earnings (32% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (2.4% net profit margin). New Risk • Mar 26
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.4% Last year net profit margin: 9.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.4% net profit margin). Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to ₩41,150, the stock trades at a trailing P/E ratio of 52.1x. Average trailing P/E is 8x in the Construction industry in South Korea. Total returns to shareholders of 56% over the past three years. Announcement • Feb 20
Dongsin Engineering & Construction, Annual General Meeting, Mar 28, 2025 Dongsin Engineering & Construction, Annual General Meeting, Mar 28, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 2470, dalgubeol-daero, suseong-gu, daegu South Korea Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩47,600, the stock trades at a trailing P/E ratio of 60.3x. Average trailing P/E is 8x in the Construction industry in South Korea. Total returns to shareholders of 104% over the past three years. Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩39,500, the stock trades at a trailing P/E ratio of 50.1x. Average trailing P/E is 8x in the Construction industry in South Korea. Total returns to shareholders of 43% over the past three years. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₩54,300, the stock trades at a trailing P/E ratio of 68.8x. Average trailing P/E is 8x in the Construction industry in South Korea. Total returns to shareholders of 50% over the past three years. Upcoming Dividend • Dec 20
Upcoming dividend of ₩150 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 23 April 2025. Trailing yield: 0.3%. Lower than top quartile of South Korean dividend payers (3.9%). Lower than average of industry peers (3.2%). Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment improves as stock rises 40% After last week's 40% share price gain to ₩61,800, the stock trades at a trailing P/E ratio of 78.3x. Average trailing P/E is 8x in the Construction industry in South Korea. Total returns to shareholders of 106% over the past three years. Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₩19,220, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 7x in the Construction industry in South Korea. Total loss to shareholders of 41% over the past three years. Reported Earnings • Nov 20
Third quarter 2024 earnings released: EPS: ₩234 (vs ₩394 in 3Q 2023) Third quarter 2024 results: EPS: ₩234 (down from ₩394 in 3Q 2023). Revenue: ₩19.3b (down 5.4% from 3Q 2023). Net income: ₩1.97b (down 41% from 3Q 2023). Profit margin: 10% (down from 16% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. New Risk • Nov 18
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩129.4b (US$92.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₩129.4b market cap, or US$92.8m). Valuation Update With 7 Day Price Move • Nov 15
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to ₩17,950, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 7x in the Construction industry in South Korea. Total loss to shareholders of 40% over the past three years. Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩23,700, the stock trades at a trailing P/E ratio of 25x. Average trailing P/E is 7x in the Construction industry in South Korea. Total loss to shareholders of 40% over the past three years. New Risk • Aug 22
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • May 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩22,950, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 9x in the Construction industry in South Korea. Total loss to shareholders of 53% over the past three years. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₩22,800, the stock trades at a trailing P/E ratio of 24.5x. Average trailing P/E is 9x in the Construction industry in South Korea. Total loss to shareholders of 63% over the past three years. New Risk • Mar 15
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (25% accrual ratio). Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩26,500, the stock trades at a trailing P/E ratio of 25x. Average trailing P/E is 7x in the Construction industry in South Korea. Total loss to shareholders of 30% over the past three years. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩20,850, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 8x in the Construction industry in South Korea. Total loss to shareholders of 45% over the past three years. Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to ₩22,450, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 7x in the Construction industry in South Korea. Total loss to shareholders of 50% over the past three years. Upcoming Dividend • Dec 20
Upcoming dividend of ₩150 per share at 0.9% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 25 April 2024. Trailing yield: 0.9%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (2.9%). Reported Earnings • Nov 19
Third quarter 2023 earnings released: EPS: ₩394 (vs ₩37.00 in 3Q 2022) Third quarter 2023 results: EPS: ₩394 (up from ₩37.00 in 3Q 2022). Revenue: ₩20.4b (up 108% from 3Q 2022). Net income: ₩3.31b (up ₩3.00b from 3Q 2022). Profit margin: 16% (up from 3.2% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩16,420, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 7x in the Construction industry in South Korea. Total returns to shareholders of 55% over the past three years. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩21,900, the stock trades at a trailing P/E ratio of 31.1x. Average trailing P/E is 8x in the Construction industry in South Korea. Total returns to shareholders of 94% over the past three years. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to ₩15,770, the stock trades at a trailing P/E ratio of 22.4x. Average trailing P/E is 8x in the Construction industry in South Korea. Total returns to shareholders of 29% over the past three years. Valuation Update With 7 Day Price Move • Jul 25
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩9,920, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 9x in the Construction industry in South Korea. Total loss to shareholders of 20% over the past three years. Reported Earnings • May 18
First quarter 2023 earnings released: EPS: ₩22.00 (vs ₩39.00 in 1Q 2022) First quarter 2023 results: EPS: ₩22.00 (down from ₩39.00 in 1Q 2022). Revenue: ₩15.6b (up 67% from 1Q 2022). Net income: ₩185.0m (down 44% from 1Q 2022). Profit margin: 1.2% (down from 3.5% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 21
Upcoming dividend of ₩150 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 25 April 2023. Trailing yield: 1.1%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (3.2%). Reported Earnings • Nov 20
Third quarter 2022 earnings released: EPS: ₩37.00 (vs ₩107 in 3Q 2021) Third quarter 2022 results: EPS: ₩37.00 (down from ₩107 in 3Q 2021). Revenue: ₩9.79b (down 25% from 3Q 2021). Net income: ₩308.9m (down 66% from 3Q 2021). Profit margin: 3.2% (down from 6.9% in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩11,600, the stock trades at a trailing P/E ratio of 57x. Average trailing P/E is 5x in the Construction industry in South Korea. Total returns to shareholders of 95% over the past three years. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩13,600, the stock trades at a trailing P/E ratio of 66.8x. Average trailing P/E is 5x in the Construction industry in South Korea. Total returns to shareholders of 134% over the past three years. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Upcoming Dividend • Dec 22
Inaugural dividend of ₩150 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 26 April 2022. The company is not currently making a profit and is not cash flow positive. This is the first dividend for Dongsin Engineering & Construction since going public. The average dividend yield among industry peers is 2.1%. Announcement • Feb 25
Dongsin Engineering & Construction, Annual General Meeting, Mar 26, 2021 Dongsin Engineering & Construction, Annual General Meeting, Mar 26, 2021, at 10:00 Korea Standard Time. Is New 90 Day High Low • Dec 04
New 90-day high: ₩13,750 The company is up 6.0% from its price of ₩13,000 on 04 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 7.0% over the same period.