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DL Holdings Co., Ltd. (000210) AI Stock Analysis

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KR:000210

DL Holdings Co., Ltd.

(Korea Exchange:000210)

Select Model
Rating:61Neutral
Price Target:$43,202.00â–²(7.20% Upside)
Action:initiatedcoverage
Date:10/28/26

The score is supported by improving financial performance (rebounding profitability and stronger free cash flow) and attractive valuation (low P/E). These positives are offset by elevated leverage and weak technicals, with the stock in a clear downtrend despite oversold indicators.

Positive Factors
Improved Cash GenerationStronger operating and free cash flow improves the group’s ability to fund investment, support subsidiaries, and meet financial obligations internally. Free cash flow equal to about 76% of net income also indicates that the recent earnings rebound has been accompanied by comparatively solid cash conversion.
Negative Factors
Elevated LeverageDebt materially above equity reduces financial flexibility and can increase pressure on cash allocation, especially in a cyclical specialty chemicals environment. Higher leverage may constrain investment in subsidiaries, limit resilience during weaker operating periods, and increase the importance of maintaining consistent cash generation.

DL Holdings Co., Ltd. (000210) vs. SPDR S&P 500 ETF (SPY)

-25%0%25%50%75%100%KR:000210+4.54%SPY+11.79%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
KRW 843.51B
Dividend Yield
―
Average Volume (3M)
61.26K
Price to Earnings (P/E)
6.5
Beta (1Y)
0.42
Revenue Growth
2.61%
EPS Growth
―
Country
KR
Employees
31
Sector
General
Sector Strength
55
Industry
Chemicals - Specialty

DL Holdings Co., Ltd. Business Overview & Revenue Model

Company Description

DL Holdings Co.,Ltd., founded in 1939 and based in Seoul, South Korea, operates a diverse portfolio of businesses through its various subsidiaries. The conglomerate's activities span numerous sectors, including construction, chemicals, energy generat...

DL Holdings Co., Ltd. Financial Statement Overview

Summary

TTM results show a profitability rebound and improved margins with solid free cash flow generation, but the balance sheet is constrained by elevated leverage (debt-to-equity ~1.36) and profitability has been volatile across recent years, reducing through-cycle confidence.

Income Statement

62Positive

Balance Sheet

52Neutral

Cash Flow

66Positive
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue5.57T5.33T5.62T5.02T5.17T2.36T
Gross Profit1.18T996.29B1.24T926.09B1.00T421.46B
EBITDA973.64B790.58B919.14B544.68B670.34B711.28B
Net Income141.04B-88.01B89.37B-133.45B69.71B720.38B
Balance Sheet
Total Assets12.84T12.18T12.54T12.12T12.15T8.32T
Cash, Cash Equivalents and Short-Term Investments1.31T1.17T1.00T957.06B976.64B1.83T
Total Debt5.85T5.59T5.96T5.77T5.39T2.97T
Total Liabilities7.59T7.26T7.75T7.59T7.40T3.79T
Stockholders Equity4.31T4.02T4.11T3.84T3.92T3.79T
Cash Flow
Free Cash Flow591.58B283.73B171.15B-299.62B-146.21B150.32B
Operating Cash Flow776.43B514.91B557.10B325.04B227.91B300.78B
Investing Cash Flow-247.51B-126.96B-223.81B-587.63B-2.30T-175.17B
Financing Cash Flow-223.89B-111.75B-365.55B240.97B1.20T497.74B

DL Holdings Co., Ltd. Technical Analysis

Technical Analysis SentimentNegative
Last Price40300.00

Price Trends

50DMA48941.00Negative
100DMA48229.50Negative
200DMA50543.00Negative

Market Momentum

MACD-2533.65Positive
RSI28.45Positive
STOCH21.30Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KR:000210, the sentiment is Negative. The current price of 40300.00 is below the 20-day moving average (MA) of 44737.50, below the 50-day MA of 48941.00, and below the 200-day MA of 50543.00, indicating a bearish trend. The MACD of -2533.65 indicates Positive momentum. The RSI at 28.45 is Positive, neither overbought nor oversold. The STOCH value of 21.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KR:000210.

DL Holdings Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

KR:000210 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
KR:011780KR:01178069NeutralKRW 2.41T5.39―1.59%-0.48%87.73%
KR:004430KR:00443066NeutralKRW 253.20B4.37―2.84%7.90%170.58%
KR:000210KR:00021061NeutralKRW 876.57B6.47――2.61%―
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
KR:011790KR:01179043NeutralKRW 3.27T-3.34――23.89%-71.79%
KR:005420KR:00542042NeutralKRW 366.00B-18.59――2.95%67.82%
KR:285130KR:28513041NeutralKRW 769.28B107.88―2.76%26.85%-80.66%

* General Sector Average

Performance Comparison

-50%0%50%KR:000210KR:004430KR:005420KR:011780KR:011790KR:285130Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
KR:000210 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
KR:000210DL Holdings Co., Ltd.40300.001600.004.13%
KR:004430Songwon Industrial Co., Ltd.10550.001426.5015.64%
KR:005420Cosmo Chemical Co., Ltd.9540.00-9870.00-50.85%
KR:011780Kumho Petrochemical Co., Ltd.106700.00-7120.23-6.26%
KR:011790SKC Co., Ltd.71500.00-54492.44-43.25%
KR:285130SK Chemicals Co., Ltd.41650.00-22340.05-34.91%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 28, 2026