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Daewon Chemical Co., Ltd (024890) AI Stock Analysis
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Daewon Chemical Co., Ltd
(Korea Exchange:024890)
The score is held back primarily by weak financial quality—especially negative TTM operating/free cash flow and thin/negative core operating margins—despite improved net income and a more stable balance sheet. Technicals also weigh on the rating due to a clear downtrend and negative MACD. A low P/E supports the score but is not enough to overcome cash-flow and trend risks.
Daewon Chemical Co., Ltd (024890) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- KRW 11.91B
- Dividend Yield
- ―
- Average Volume (3M)
- 59.13K
- Price to Earnings (P/E)
- 2.8
- Beta (1Y)
- 0.03
- Revenue Growth
- -2.74%
- EPS Growth
- ―
- Country
- KR
- Employees
- 85
- Sector
- General
- Sector Strength
- 55
- Industry
- Chemicals - Specialty
Daewon Chemical Co., Ltd Business Overview & Revenue Model
Company Description
DAEWON Chemical Co., Ltd. is a South Korean enterprise specializing in the production and provision of polyurethane synthetic leather and various wallpaper products, primarily serving domestic sporting goods manufacturers. The company's extensive pro...
Daewon Chemical Co., Ltd Financial Statement Overview
Summary
Earnings have recovered with positive net income in 2025 and TTM and modest TTM revenue growth (~4.6%), but core profitability remains weak (TTM EBIT margin negative; EBITDA margin <1%). Balance sheet leverage is more manageable (debt-to-equity ~1.0) with improved equity and positive ROE (~7–8%), yet cash generation is a major concern with negative operating cash flow and free cash flow in TTM.
Income Statement
46NeutralBalance Sheet
57NeutralCash Flow
30Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 131.88B | 126.42B | 125.95B | 122.18B | 146.81B | 113.34B |
| Gross Profit | 19.09B | 20.60B | 20.53B | 13.69B | 16.76B | 13.63B |
| EBITDA | 1.09B | 3.41B | -1.00B | -3.13B | -4.98B | -5.72B |
| Net Income | 4.06B | 3.50B | -12.13B | -9.75B | -9.62B | -7.00B |
Balance Sheet | ||||||
| Total Assets | 213.11B | 148.38B | 152.52B | 138.37B | 130.91B | 135.83B |
| Cash, Cash Equivalents and Short-Term Investments | 9.01B | 6.50B | 5.92B | 13.44B | 11.39B | 15.95B |
| Total Debt | 81.88B | 72.39B | 76.12B | 65.84B | 48.87B | 44.96B |
| Total Liabilities | 128.28B | 103.81B | 110.61B | 85.54B | 68.46B | 64.82B |
| Stockholders Equity | 84.77B | 44.52B | 41.86B | 52.80B | 62.42B | 70.99B |
Cash Flow | ||||||
| Free Cash Flow | -3.93B | 2.41B | -16.22B | -5.59B | -7.95B | -8.29B |
| Operating Cash Flow | -3.90B | 3.54B | -13.69B | -298.24M | -6.79B | -7.36B |
| Investing Cash Flow | 5.91B | 3.80B | -3.31B | -5.42B | 671.54M | -1.14B |
| Financing Cash Flow | 492.66M | -6.88B | 8.56B | 8.23B | 3.45B | 8.64B |
Daewon Chemical Co., Ltd Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KR:024890, the sentiment is Negative. The current price of 1462.00 is below the 20-day moving average (MA) of 1532.05, below the 50-day MA of 1668.60, and below the 200-day MA of 3193.30, indicating a bearish trend. The MACD of -51.76 indicates Negative momentum. The RSI at 36.78 is Neutral, neither overbought nor oversold. The STOCH value of 20.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KR:024890.
Daewon Chemical Co., Ltd Peers Comparison
Overall Rating
KR:09035067Neutral
KR:00443066Neutral
KR:01064063Neutral
KR:00606060Neutral- KR:02489049Neutral
KR:00491046Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| KR:090350 | 67Neutral | KRW 169.49B | 5.12 | ― | 4.88% | -0.96% | 52.35% |
| KR:004430 | 66Neutral | KRW 253.20B | 4.37 | ― | 2.84% | 7.90% | 170.58% |
| KR:010640 | 63Neutral | KRW 50.94B | 17.04 | ― | 6.03% | 6.44% | 9.47% |
| KR:006060 | 60Neutral | KRW 108.05B | 5.22 | ― | 10.07% | -10.62% | 14.01% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| KR:024890 | 49Neutral | KRW 11.58B | 2.81 | ― | ― | -2.74% | ― |
| KR:004910 | 46Neutral | KRW 30.19B | -1.95 | ― | 6.78% | -7.93% | -459.86% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| KR:024890 | Daewon Chemical Co., Ltd | 1462.00 | -2678.00 | -64.69% | |
| KR:004430 | Songwon Industrial Co., Ltd. | 10550.00 | 1426.50 | 15.64% | |
| KR:004910 | Chokwang Paint Ltd. | 2950.00 | -1930.00 | -39.55% | |
| KR:006060 | HWASEUNG Industries Co., Ltd. | 2045.00 | -1680.05 | -45.10% | |
| KR:010640 | Chinyang Poly Urethane Co., Ltd. | 3050.00 | -292.15 | -8.74% | |
| KR:090350 | Noroo Paint & Coatings Co., Ltd. | 8200.00 | 268.90 | 3.39% |
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