Dae Myoung Energy대명에너지

Dae Myoung Energy shows strong trailing profits on a 2026 revenue jump, but the shares have fallen about 49% over the past year.

Dae Myoung Energy is a Korean renewable energy developer and builder covering solar, wind, fuel cell and storage projects, plus operations and maintenance. Trailing twelve-month figures to H1 2026 show revenue of ₩146B...

What stands out

• Trailing revenue is ₩145.9B and operating income is ₩29.5B, an operating margin of 20.2%, well above the 12.8% recorded for full-year 2025.
• Net income of ₩30.3B on a trailing basis compares with ₩14.1B for 2025, and free cash flow is reported at ₩33.7B.
• Borrowings of ₩121.3B exceed cash of ₩20.8B, and liabilities are 127.1% of equity.
• The shares closed at ₩11,130, near the 52-week low of ₩10,590 and far below the high of ₩27,600; the stock pays no dividend.
• Recent filings include a rights offering decision and a share acquisition in another company, both dated 2 September 2026, plus several major supply contracts.

What to watch

• The 2 September rights offering (paid-in capital increase) could affect existing shareholders; the filings in the data do not give its size or terms.
• Foreign ownership fell from 2.1% to 1.5% over about 60 days, and retail investors were net sellers over the last 20 days.
• The discounted cash flow model gives a base value of ₩32,517 and a bear value of ₩22,232, but these are model outputs, not forecasts, and the data gives no analyst ratings or news headlines to compare.