Development Advance Solution Co., Ltd (058730) AI Stock Analysis

Development Advance Solution Co., Ltd

(Korea Exchange:058730)

Select Model

Rating:44Neutral

Price Target:KRW 2,706.00▲(0.97% Upside)

Action:initiatedcoverage

Date:10/28/26

The score is held down primarily by deteriorating profitability and multi-period losses with compressed margins, despite moderate leverage and still-positive (but sharply declining) free cash flow. Technicals reinforce the caution as the stock trades below all major moving averages with negative MACD, indicating a sustained downtrend. Valuation signals are also weak because the negative P/E reflects loss-making conditions, and no dividend yield data is available to offset risk.

Positive Factors

Moderate LeverageModerate leverage gives the company more financial flexibility than a highly indebted industrial business, while sizable equity provides a cushion against operating volatility. This can support continued investment and help preserve strategic options if losses begin to stabilize.

Negative Factors

Multi-Period Losses and Margin CompressionRecent losses across multiple periods indicate more than a single-quarter setback, while compressed gross margin and negative operating margins weaken the company’s ability to convert revenue into earnings. Continued pressure would constrain reinvestment and make recovery increasingly dependent on operational improvement.

Development Advance Solution Co., Ltd (058730) vs. SPDR S&P 500 ETF (SPY)

Market Cap: KRW 48.36B
Dividend Yield: ―
Average Volume (3M): 1.80M
Price to Earnings (P/E): -4.6
Beta (1Y): 0.12
Revenue Growth: 6.67%
EPS Growth: -79.96%
Country: KR
Employees: 218
Sector: General
Sector Strength: 55
Industry: Steel

Development Advance Solution Co., Ltd Business Overview & Revenue Model

Company Description

Established in 1996 and based in Hwasun-eup, South Korea, Development Advance Solution Co.,Ltd. (DAS) specializes in the installation of steel frameworks and a wide array of related products across various sectors. Their extensive portfolio for road...

Development Advance Solution Co., Ltd Financial Statement Overview

Summary

Financial quality is mixed but pressured: income statement trends are weak with a shift from 2023 profitability to losses in 2024–2025 and deeper TTM losses, alongside compressed gross margin (~7.4%) and negative EBIT/EBITDA. Offsetting this, the balance sheet leverage is moderate (D/E ~0.93 TTM) and cash flow remains positive (TTM FCF ≈14.6B), though FCF fell sharply (~-44.9% TTM), highlighting volatility.

Income Statement

32Negative

Balance Sheet

56Neutral

Cash Flow

63Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	293.08B	273.19B	312.01B	378.09B	378.48B	363.60B
Gross Profit	21.63B	30.09B	34.81B	53.43B	41.67B	33.47B
EBITDA	-4.60B	7.07B	10.24B	31.44B	18.65B	9.90B
Net Income	-10.46B	-4.82B	-3.26B	14.18B	2.23B	-599.61M
Balance Sheet
Total Assets	334.89B	331.16B	324.74B	320.03B	346.12B	298.53B
Cash, Cash Equivalents and Short-Term Investments	45.26B	63.84B	63.52B	55.55B	57.47B	22.69B
Total Debt	121.14B	112.23B	120.98B	111.57B	122.97B	117.19B
Total Liabilities	203.01B	192.48B	176.16B	165.93B	202.89B	173.18B
Stockholders Equity	130.27B	137.24B	144.89B	150.02B	139.30B	122.24B
Cash Flow
Free Cash Flow	14.59B	32.47B	13.45B	14.69B	10.81B	-31.24B
Operating Cash Flow	21.14B	38.10B	15.92B	17.95B	16.24B	-13.03B
Investing Cash Flow	-36.52B	-16.33B	-18.88B	-9.29B	-2.21B	-17.90B
Financing Cash Flow	8.09B	-16.99B	9.38B	-16.11B	20.09B	28.93B

Development Advance Solution Co., Ltd Technical Analysis

Technical Analysis SentimentNegative

Last Price2680.00

Price Trends

50DMA3220.40Negative

100DMA3413.95Negative

200DMA3424.30Negative

Market Momentum

MACD-147.82Positive

RSI32.69Neutral

STOCH11.88Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KR:058730, the sentiment is Negative. The current price of 2680.00 is below the 20-day moving average (MA) of 2985.00, below the 50-day MA of 3220.40, and below the 200-day MA of 3424.30, indicating a bearish trend. The MACD of -147.82 indicates Positive momentum. The RSI at 32.69 is Neutral, neither overbought nor oversold. The STOCH value of 11.88 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KR:058730.

Development Advance Solution Co., Ltd Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

KR:058730 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KR:032560	67Neutral	KRW 87.83B	3.32	―	2.90%	13.01%	39.20%
KR:008260	61Neutral	KRW 85.97B	4.50	―	5.74%	11.33%	7.14%
KR:004890	59Neutral	KRW 72.38B	20.43	―	2.96%	-4.25%	-69.46%
KR:054540	58Neutral	KRW 68.12B	10.61	―	8.89%	186.38%	63.26%
KR:009190	56Neutral	KRW 37.30B	6.14	―	―	0.56%	―
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
KR:058730	44Neutral	KRW 50.83B	-4.58	―	―	6.67%	-79.96%

* General Sector Average

Performance Comparison

KR:058730 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
KR:058730	Development Advance Solution Co., Ltd	2680.00	30.00	1.13%
KR:004890	Dongil Industries Co., Ltd	33800.00	-3778.34	-10.05%
KR:008260	N.I. Steel Co., Ltd.	3050.00	-390.84	-11.36%
KR:009190	Daiyang Metal Co., Ltd.	830.00	-665.00	-44.48%
KR:032560	Hwangkum Steel & Technology Co., Ltd.	5170.00	-397.25	-7.14%
KR:054540	Samyoung M-Tek Co., Ltd.	5240.00	-12078.27	-69.74%

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

Development Advance Solution Co., Ltd AI Stock Analysis