Added to YB: 2026-06-24
Pitch date: 2026-06-22
033500.KQ [bullish]
Dongsung FineTec Co., Ltd.
Author Info
Numbers not Narrative digs into overlooked small and micro caps where the numbers tell a better story than the market does. Sign up for the newsletter.
Company Info
Dongsung FineTec Co., Ltd. engages in the manufacture and sale of cryogenic insulation products in South Korea.
Market Cap
KRW 551.9B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.01
P/E
8.65
EV/Sales
0.64
Sector
Chemicals
Category
value
Dongsung FineTec (033500): the market is pricing peak. The order book says otherwise.
033500.KQ: Korean LNG-carrier cryogenic insulation duopolist (96% rev), down 46% to ₩18,460 on peak-cycle fears. ₩2.08T backlog (2.8x rev) = 3yrs contracted. FY25: rev ₩742B, NI ₩56B (+43%), 25% ROE, net cash ₩90B. 8.6x P/E, below trough multiple. Risks: single product, price-taker to 3 yards, GTT IP rent, China share. Bull on 2026-28 delivery peak.
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