GlobalData DaeyoungPackagingCoLtd (014160SEO) - FinancialAnalysisReview Aug 05 2021

Daeyoung Packaging Co., Ltd.
(014160)
Financial Analysis Review
Report Code: GDPP150162FA

Published: August 2021
Daeyoung Packaging Co., Ltd. (014160) - Financial Analysis Review

Company Snapshot
265, Sandan-ro (Wonsi-dong) Phone +82 31 4909200 Revenue 260,706 (million KRW)
Ansan-si Fax Net Profit 3,313.64 (million KRW)
www.dygroup.co.kr/03r
15429 Website Employees 366 (Estimated)
elation/03.html
014160 [Korea Stock
South Korea Exchange Industry Paper and Packaging
Exchange]
Company Overview
Daeyoung Packaging Co., Ltd. (Daeyoung Packaging) is a corrugated cardboards and boxes products manufacturer based in South Korea.
The company's products include base paper for corrugated cardboard such as liner and corrugating medium and corrugated cardboards
such as single faced corrugated, double faced corrugated, triple wall corrugated and wave corrugated papers. The company also provides
waste cardboards as byproducts. Daeyoung Packaging serves both domestic and international markets. The company serves electronic,
food and agricultural products manufacturing companies. The company operates as a affiliate of Daeyoung Group.
Key Executives Key Competitors

Name Title Name
Hwang Seong-yeol Director Tomoku Co., Ltd.
Yongsu Son Director Sambo Corrugated Board Co., Ltd.
Hong Bok-yong Director Rengo Co Ltd
Kim Seon-gyu Director Korea Export Packaging Industrial Co.
Byungsung Kwon Director Hankuk Package Co Ltd
Source: Annual Report, Company Website, Primary and Secondary Research,
GlobalData
GlobalData
Share Data Financial Performance

Price (KRW) as on 30-Jul-2021 3,080.0
EPS (KRW) 30.57
Market Cap (million KRW) 333,855
Enterprise Value (million KRW) 34,358
Shares Outstanding (million) 103
GlobalData
Source: Annual Report, Company Website, Primary and Secondary

Research, GlobalData
© GlobalData 2021. This product is licensed and is not to be photocopied. Page 2


Table of Contents
Table of Contents....................................................................................................................................................................... 3
List of Tables ......................................................................................................................................................................... 4
List of Figures ........................................................................................................................................................................ 4
Section 1 - About the Company .................................................................................................................................................. 5
Daeyoung Packaging Co., Ltd. - Key Facts.................................................................................................................................... 5
Daeyoung Packaging Co., Ltd. - Key Employees ........................................................................................................................... 6
Daeyoung Packaging Co., Ltd. - Major Products and Services ...................................................................................................... 7
Daeyoung Packaging Co., Ltd. - History ....................................................................................................................................... 8
Daeyoung Packaging Co., Ltd. - Locations And Subsidiaries ......................................................................................................... 9
Head Office ........................................................................................................................................................................... 9
Section 2 – Company Analysis .................................................................................................................................................. 10
Company Overview .................................................................................................................................................................. 10
Daeyoung Packaging Co., Ltd. - Key Competitors ...................................................................................................................... 11
Section 3 – Company Financial Ratios ....................................................................................................................................... 12
Financial Ratios - Capital Market Ratios .................................................................................................................................... 12
Financial Ratios - Annual Ratios ................................................................................................................................................ 13
Performance Chart................................................................................................................................................................... 16
Financial Performance.............................................................................................................................................................. 16
Financial Ratios - Interim Ratios ............................................................................................................................................... 17
Financial Ratios - Ratio Charts .................................................................................................................................................. 18
Section 4 – Appendix................................................................................................................................................................ 19
Methodology....................................................................................................................................................................... 19
Ratio Definitions .................................................................................................................................................................. 19
About GlobalData ................................................................................................................................................................ 23
Contact Us........................................................................................................................................................................... 23
Disclaimer ........................................................................................................................................................................... 23


List of Tables
Daeyoung Packaging Co., Ltd., Key Facts..................................................................................................................................... 5
Daeyoung Packaging Co., Ltd., Key Employees ............................................................................................................................ 6
Daeyoung Packaging Co., Ltd., Major Products and Services ....................................................................................................... 7
Daeyoung Packaging Co., Ltd., History ........................................................................................................................................ 8
Daeyoung Packaging Co., Ltd., Key Competitors ....................................................................................................................... 11
Daeyoung Packaging Co., Ltd., Ratios based on current share price........................................................................................... 12
Daeyoung Packaging Co., Ltd., Annual Ratios ............................................................................................................................ 13
Daeyoung Packaging Co., Ltd., Annual Ratios (Cont...1)............................................................................................................. 14
Daeyoung Packaging Co., Ltd., Annual Ratios (Cont...2)............................................................................................................. 15
Daeyoung Packaging Co., Ltd., Interim Ratios ........................................................................................................................... 17
Currency Codes ........................................................................................................................................................................ 19
Capital Market Ratios ............................................................................................................................................................... 19
Equity Ratios ............................................................................................................................................................................ 20
Profitability Ratios.................................................................................................................................................................... 20
Cost Ratios ............................................................................................................................................................................... 21
Liquidity Ratios ........................................................................................................................................................................ 21
Leverage Ratios........................................................................................................................................................................ 22
Efficiency Ratios ....................................................................................................................................................................... 22
List of Figures
Daeyoung Packaging Co., Ltd., Performance Chart (2016 - 2020) .............................................................................................. 16
Daeyoung Packaging Co., Ltd., Ratio Charts .............................................................................................................................. 18


Section 1 - About the Company

Daeyoung Packaging Co., Ltd. - Key Facts
Daeyoung Packaging Co., Ltd., Key Facts
Corporate Address 265, Sandan-ro (Wonsi-dong), Ticker Symbol, Exchange 014160 [Korea Stock Exchange]
Ansan-si, 15429, South Korea
Telephone +82 31 4909200 No. of Employees 366 (Estimated)
Fax Fiscal Year End December
URL www.dygroup.co.kr/03relation/ Revenue (in USD Million) 221.2

03.html
Industry Industrial Goods and Revenue (in KRW Million) 260,706.4

Machinery, Paper & Packaging
Locations Asia-Pacific, South Korea
Source: Annual Report, Company Website, Primary and Secondary Research GlobalData


Daeyoung Packaging Co., Ltd. - Key Employees

Daeyoung Packaging Co., Ltd., Key Employees
Name Job Title Board Level Since Age
Hwang Seong-yeol Director, Managing Director Executive Board 62
Yongsu Son Director, Director Sales Executive Board 57
Hong Bok-yong Director, Manager Executive Board 54
Kim Seon-gyu Director Non Executive Board 57

Byungsung Kwon Director Non Executive Board 57
Lee Byung-seok Director Non Executive Board 65
Kwon Ji-hye Director Non Executive Board 47
Kyungja Lee Director Non Executive Board 73
Jong-eok Yoon Director Non Executive Board 57
Kyu-seop Kim Director, Manager Senior Management 62


Daeyoung Packaging Co., Ltd. - Major Products and Services

Daeyoung Packaging is a producer and seller of corrugated cardboards and boxes company. The key products of the company include the
following:
Daeyoung Packaging Co., Ltd., Major Products and Services

Products:
Liner Corrugated Cardboard
Corrugating Medium Cardboard
Reverse Side Paper Corrugated Cardboard
Surface Paper Cardboard
Corrugated Cardboard Boxes
Single Face Corrugated Cardboard
Double Face Corrugated Cardboard
Double Wall Corrugated Cardboard
Triple Wall Corrugated Cardboard


Daeyoung Packaging Co., Ltd. - History

Daeyoung Packaging Co., Ltd., History
1979 Incorporation/Establishment In June, the company was incorporated.


Daeyoung Packaging Co., Ltd. - Locations And Subsidiaries

Head Office
265, Sandan-ro (Wonsi-dong)
Ansan-si
15429
South Korea
Tel: +82 31 4909200


Section 2 – Company Analysis

Company Overview
Daeyoung Packaging Co., Ltd. (Daeyoung Packaging) is a corrugated cardboards and boxes products manufacturer based in South Korea. The
company's products include base paper for corrugated cardboard such as liner and corrugating medium and corrugated cardboards such as
single faced corrugated, double faced corrugated, triple wall corrugated and wave corrugated papers. The company also provides waste
cardboards as byproducts. Daeyoung Packaging serves both domestic and international markets. The company serves electronic, food and
agricultural products manufacturing companies. The company operates as a affiliate of Daeyoung Group. Daeyoung Packaging is
headquartered in Daegu, Ansan-si, South Korea.


Daeyoung Packaging Co., Ltd. - Key Competitors

Daeyoung Packaging Co., Ltd., Key Competitors
Name Headquarters Revenue (US$ m)
Hankuk Package Co Ltd South Korea 51
Korea Export Packaging Industrial Co. South Korea 255
Rengo Co Ltd Japan 6,421
Sambo Corrugated Board Co., Ltd. South Korea 342
Tomoku Co., Ltd. Japan 2,214


Section 3 – Company Financial Ratios

Financial Ratios - Capital Market Ratios
Daeyoung Packaging Co., Ltd., Ratios based on current share price
Key Ratios 30-Jul-2021
P/E (Price/Earnings) Ratio 100.75

EV/EBITDA (Enterprise Value/Earnings Before Interest, Taxes, Depreciation and Amortization) 22.93
Enterprise Value/Sales 1.32
Enterprise Value/Operating Profit 83.21
Enterprise Value/Total Assets 1.65
Note: Above ratios are based on share price as of 30-Jul-2021, the above ratios are absolute numbers


Financial Ratios - Annual Ratios

Daeyoung Packaging Co., Ltd., Annual Ratios
Key Ratios Unit/Currency 2016 2017 2018 2019 2020
Equity Ratios
EPS (Earnings per Share) KRW 101.15 -28.67 103.72 99.55 30.57
Book Value per Share KRW 1,295.91 1,275.88 1,361.12 1,459.97 1,492.51
Cash Value per Share KRW 12.56 25.50 6.49 19.44 31.35
Profitability Ratios
Gross Margin % 13.28 8.54 12.56 15.09 12.82
Operating Margin % 2.52 -0.88 3.16 4.96 1.58
Net Profit Margin % 4.01 -0.95 3.54 4 1.27
Profit Markup % 15.31 9.34 14.36 17.77 14.71
PBT Margin (Profit Before Tax) % 5.81 -1.22 3.03 5.11 1.70
Return on Equity % 7.76 -2.29 7.57 7.17 2.15
Return on Capital Employed % 4.53 -2 5.88 8.06 2.48
Return on Assets % 5.10 -1.42 4.98 5.01 1.58
Return on Working Capital % 142.59 24.31
Growth Ratios
Sales Growth % 9.38 16.83 -3.85 -9.99 -3.47
Operating Income Growth % -19.48 -140.79 41.20 -69.20
EBITDA Growth % -7.48 -60.41 207.22 29.17 -38.63
Net Income Growth % -127.67 1.58 -69.29
EPS Growth % -126.77 -3.01 -63.97


Daeyoung Packaging Co., Ltd., Annual Ratios (Cont...1)

Working Capital Growth % -96.21 508.01 -64.67 -676.19 80.62
Cost Ratios
Operating Costs (% of Sales) % 97.48 100.88 96.84 95.04 98.42
Administration Costs (% of Sales) % 10.68 9.37 9.32 9.98 10.85
Liquidity Ratios
Current Ratio Absolute 0.99 0.93 0.97 1.20 1.41
Quick Ratio Absolute 0.77 0.73 0.73 0.95 1.16
Cash Ratio Absolute 0.02 0.04 0.01 0.12 0.17
Leverage Ratios
Debt to Equity Ratio % 0.22 0.29 0.35 0.19 0.11
Net Debt to Equity Absolute 0.21 0.27 0.34 0.15 0.06
Debt to Capital Ratio % 0.03 0.02 0.11 0.09 0.05
Efficiency Ratios
Asset Turnover Absolute 1.27 1.50 1.41 1.25 1.24
Fixed Asset Turnover Absolute 1.83 2.23 2.05 1.77 1.80
Inventory Turnover Absolute 19.02 20.83 18.78 17.94 20.72
Current Asset Turnover Absolute 4.73 4.95 4.94 4.87 4.58
Capital Employed Turnover Absolute 1.80 2.27 1.86 1.62 1.57
Working Capital Turnover Absolute 28.72 15.35
Revenue per Employee KRW 724,184,40

7


Daeyoung Packaging Co., Ltd., Annual Ratios (Cont...2)

Net Income per Employee KRW 9,204,544
Capex to Sales % 1.58 1.69 9.84 1.38 1.01


Performance Chart
Daeyoung Packaging Co., Ltd., Performance Chart (2016 - 2020)
Financial Performance
The company reported revenues of (Won) KRW260,706.4 million for the fiscal year ended December 2020 (FY2020), a decrease of 3.5% over
FY2019. In FY2020, the company’s operating margin was 1.6%, compared to an operating margin of 5% in FY2019. In FY2020, the company
recorded a net margin of 1.3%, compared to a net margin of 4% in FY2019.
The company reported revenues of KRW71,282.8 million for the third quarter ended December 2020, an increase of 10.8% over the previous
quarter.


Financial Ratios - Interim Ratios

Daeyoung Packaging Co., Ltd., Interim Ratios
Key Ratios Unit/Currency Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021
Interim EPS (Earnings per Share) KRW 25.82 -1.90 3.33 3.31 42.95
Book Value per Share KRW 1,484.44 1,483.27 1,487.18 1,492.51 1,538.49
Gross Margin % 14.75 11.64 12.30 12.49 17.18
Operating Margin % 4.50 -0.42 0.67 1.41 7.28
Net Profit Margin % 4.27 -0.35 0.56 0.50 6.26
Profit Markup % 17.30 13.18 14.03 14.28 20.74
PBIT Margin (Profit Before Interest & Tax) % 0.85 1.97 0.70
PBT Margin (Profit Before Tax) % 4.60 -0.25 0.60 1.67 7.73
Operating Costs (% of Sales) % 95.50 100.42 99.33 98.59 92.72
Administration Costs (% of Sales) % 10.09 11.88 11.46 10.13 9.77
Interest Costs (% of Sales) % 2.08 5.98 0.12
Current Ratio Absolute 1.29 1.31 1.33 1.41 1.54
Quick Ratio Absolute 1 1.01 1.05 1.16 1.24
Debt to Equity Ratio % 0.15 0.15 0.12 0.11 0.09
Net Debt to Equity Absolute 0.13 0.11 0.08 0.09 0.06
Debt to Capital Ratio % 0.14 0.14 0.11 0.10 0.09
Interest Coverage Ratio Absolute 40.91 32.93 574.10


Financial Ratios - Ratio Charts

Daeyoung Packaging Co., Ltd., Ratio Charts
EPS Operating Margin
Return on Equity Return on Assets
Debt to Equity Ratio Current Ratio


Section 4 – Appendix
The data and analysis within this report is driven by GlobalData.
GlobalData gives you key information to drive sales, investment and deal making activity in your business.
Our coverage includes 200,000 + reports on 185,000+ companies (including 150,000+ private) across 200+ countries and 29 industries. The
key industries include Alternative Energy, Oil & Gas, Clean Technology, Technology and Telecommunication, Pharmaceutical and Healthcare,
Power, Financial Services, Chemical and Metal & Mining.
Methodology
GlobalData company reports are based on a core set of research techniques which ensure the best possible level of quality and accuracy of
data. The key sources used include:
• Company Websites
• Company Annual Reports
• SEC Filings
• Press Releases
• Proprietary Databases
Currency Codes
Currency Code Currency
KRW Won
GlobalData
Ratio Definitions
Capital Market Ratios
Capital Market Ratios measure investor response to owning a company's stock and also the cost of issuing stock.
Price/Earnings (P/E) ratio is a measure of the price paid for a share relative to the annual income earned
per share. It is a financial ratio used for valuation: a higher P/E ratio means that investors are paying more
Price/Earnings Ratio
for each unit of income, so the stock is more expensive compared to one with lower P/E ratio. A high P/E
(P/E)
suggests that investors are expecting higher earnings growth in the future compared to companies with a
lower P/E. Price per share is as of previous business close, and EPS is from latest annual report.
Calculation: Market Cap / Net Income
Enterprise Enterprise Value/EBITDA (EV/EBITDA) is a valuation multiple that is often used in parallel with, or as an
Value/Earnings before alternative to, the P/E ratio. The main advantage of EV/EBITDA over the PE ratio is that it is unaffected by a
Interest, Tax, company's capital structure. It compares the value of a business, free of debt, to earnings before interest.
Depreciation & Price per share is as of previous business close, and shares outstanding last reported. Other items are from
Amortization latest annual report.
(EV/EBITDA) Calculation: {(Market Cap + Debt + Minority Interest + Preferred Stock (Redeemable + Non-
Redeemable) - Cash & Cash Equivalents)} / (Operating Income + Depreciation + Amortization)
Enterprise Value/Sales (EV/Sales) is a ratio that provides an idea of how much it costs to buy the company's
sales. EV/Sales is seen as more accurate than Price/Sales because market capitalization does not take into
account the amount of debt a company has, which needs to be paid back at some point. Price per share is
Enterprise Value/Sales
as of previous business close, and shares outstanding last reported. Other items are from latest annual
report.
Calculation: {(Market Cap + Debt + Minority Interest + Preferred Stock (Redeemable + Non-
Redeemable) - Cash & Cash Equivalents)} / Revenue


Enterprise Value/Operating Profit measures the company's enterprise value to the operating profit. Price
Enterprise per share is as of previous business close, and shares outstanding last reported. Other items are from latest
Value/Operating Profit annual report.
Redeemable) - Cash & Cash Equivalents)} / Operating Income
Enterprise Value/Total Assets measures the company's enterprise value to the total assets. Price per share
Enterprise Value/Total is as of previous business close, and shares outstanding last reported. Other items are from latest annual
Assets report.
Redeemable) - Cash & Cash Equivalents)} / Total Assets
Dividend Yield shows how much a company pays out in dividends each year relative to its share price. In
Dividend Yield
the absence of any capital gains, the dividend yield is the return on investment for a stock.
Calculation: Annual Dividend per Share / Price per Share
GlobalData
Equity Ratios
These ratios are based on per share value.

Earnings per share (EPS) is the portion of a company's profit allocated to each outstanding share of
Earnings per Share (EPS) common stock. EPS serves as an indicator of a company's profitability.
Calculation: Net Income / Weighted Average Shares
Dividend per Share Dividend is the distribution of a portion of a company's earnings, decided by the board of
directors, to a class of its shareholders.
Dividend Cover Dividend cover is the ratio of company's earnings (net income) over the dividend paid to shareholders.
Calculation: Earnings per share / Dividend per share
Book Value per Share measure used by owners of common shares in a firm to determine the level of safety
Book Value per Share associated with each individual share after all debts are paid accordingly.
Calculation: {Shareholders Equity - Preferred Stock (Redeemable + Non-Redeemable)} / Outstanding
Shares
Cash Value per Share is a measure of a company's cash (cash & equivalents on the balance sheet) that is
Cash Value per Share determined by dividing cash & equivalents by the total shares outstanding.
Calculation: Cash & equivalents / Outstanding Shares
GlobalData
Profitability Ratios
Profitability Ratios are used to assess a company's ability to generate earnings, based on revenues generated or resources used. For
most of these ratios, having a higher value relative to a competitor's ratio or the same ratio from a previous period is indicative that
the company is doing well.
Gross margin is the amount of contribution to the business enterprise, after paying for direct-fixed and
Gross Margin direct-variable unit costs.
Calculation: (Gross Profit / Revenue}*100
Operating Margin Operating Margin is a ratio used to measure a company's pricing strategy and operating efficiency.
Calculation: (Operating Income / Revenue) *100
Net Profit Margin is the ratio of net profits to revenues for a company or business segment - that shows
Net Profit Margin how much of each dollar earned by the company is translated into profits.
Calculation: (Net Profit / Revenue) *100


Profit Markup Profit Markup measures the company's gross profitability, as compared to the cost of revenue.
Calculation: Gross Income / Cost of Revenue
PBIT Margin (Profit Profit Before Interest & Tax Margin shows the profitability of the company before interest expense &
Before Interest & Tax) taxation.
Calculation: {(Net Profit+Interest+Tax) / Revenue} *100
PBT Margin (Profit Profit Before Tax Margin measures the pre-tax income over revenues.
Before Tax)
Calculation: {Net Income Before Tax / Revenue} *100
Return on Equity measures the rate of return on the ownership interest (shareholders' equity) of the
Return on Equity common stock owners.
Calculation: (Net Income / Shareholders Equity)*100
Return on Capital Employed is a ratio that indicates the efficiency and profitability of a company's capital
Return on Capital investments. ROCE should always be higher than the rate at which the company borrows; otherwise any
Employed increase in borrowing will reduce shareholders' earnings.
Calculation: Operating Income / (Total Assets – Current Liabilities) * 100
Return on Assets is an indicator of how profitable a company is relative to its total assets, the ratio
Return on Assets measures how efficient management is at using its assets to generate earnings.
Calculation: (Net Income / [Current Year Total Assets + Last Year Total Assets)/2])*100
Return on Fixed Assets measures the company's profitability to its fixed assets (property, plant &
Return on Fixed Assets equipment).
Calculation: (Net Income / [Current Year Fixed Assets + Last Year Fixed Assets)/2]) * 100
Return on Working Return on Working Capital measures the company's profitability to its working capital.
Capital
Calculation: {Operating Income / (Current Assets-Current Liabilities)} * 100
GlobalData
Cost Ratios
Cost ratios help to understand the costs the company is incurring as a percentage of sales.
Operating costs (% of Operating costs as percentage of total revenues measures the operating costs that a company incurs
Sales) compared to the revenues.
Calculation: (Operating Expenses / Revenue) *100
Administration costs (% Administration costs as percentage of total revenue measures the selling, general and administrative
of Sales) expenses that a company incurs compared to the revenues.
Calculation: (Administrative Expenses / Revenue) *100
Interest costs (% of Interest costs as percentage of total revenues measures the interest expense that a company incurs
Sales) compared to the revenues.
Calculation: (Interest Expenses / Revenue) *100
GlobalData
Liquidity Ratios
Liquidity ratios are used to determine a company's ability to pay off its short-terms debts obligations. Generally, the higher the value
of the ratio, the larger the margin of safety that the company possesses to cover short-term debts. A company's ability to turn short-
term assets into cash to cover debts is of the utmost importance when creditors are seeking payment. Bankruptcy analysts and
mortgage originators frequently use the liquidity ratios to determine whether a company will be able to continue as a going concern.


Current Ratio measures a company's ability to pay its short-term obligations. The ratio gives an idea of the
company's ability to pay back its short-term liabilities (debt and payables) with its short-term assets (cash,
Current Ratio inventory, receivables). The higher the current ratio, the more capable the company is of paying its
obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they
came due at that point.
Calculation: Current Assets / Current Liabilities
Quick Ratio Quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets.
Calculation: (Current Assets - Inventories) / Current Liabilities
Cash ratio is the most stringent and conservative of the three short-term liquidity ratio. It only looks at the
most liquid short-term assets of the company, which are those that can be most easily used to pay off
Cash Ratio current obligations. It also ignores inventory and receivables, as there are no assurances that these two
accounts can be converted to cash in a timely matter to meet current liabilities.
Calculation: {(Cash & Bank Balance + Marketable Securities) / Current Liabilities)}
GlobalData
Leverage Ratios
Leverage ratios are used to calculate the financial leverage of a company to get an idea of the company's methods of financing or to
measure its ability to meet financial obligations. There are several different ratios, but the main factors looked at include debt, equity,
assets and interest expenses.
Debt to Equity Ratio is a measure of a company's financial leverage. The debt/equity ratio also depends on
Debt to Equity Ratio the industry in which the company operates. For example, capital-intensive industries tend to have a higher
debt-equity ratio.
Calculation: Total Debt / Shareholders Equity
Debt to capital ratio gives an idea of a company's financial structure, or how it is financing its operations,
along with some insight into its financial strength. The higher the debt-to-capital ratio, the more debt the
company has compared to its equity. This indicates to investors whether a company is more prone to using
Debt to Capital Ratio debt financing or equity financing. A company with high debt-to-capital ratios, compared to a general or
industry average, may show weak financial strength because the cost of these debts may weigh on the
company and increase its default risk.
Calculation: {Total Debt / (Total Debt + Shareholders Equity)}
Interest Coverage Ratio is used to determine how easily a company can pay interest on outstanding debt,
Interest Coverage Ratio calculated as earnings before interest & tax by interest expense.
Calculation: Operating Income / Interest Expenses
GlobalData
Efficiency Ratios
Efficiency ratios measure a company's effectiveness in various areas of its operations, essentially looking at maximizing its use of
resources.
Fixed Asset Turnover ratio indicates how well the business is using its fixed assets to generate sales. A
higher ratio indicates the business has less money tied up in fixed assets for each currency unit of sales
Fixed Asset Turnover revenue. A declining ratio may indicate that the business is over-invested in plant, equipment, or other
fixed assets.
Calculation: Revenue / [Current Year Fixed Assets + Last Year Fixed Assets)/2]
Asset turnover ratio measures the efficiency of a company's use of its assets in generating sales revenue to
Asset Turnover the company. A higher asset turnover ratio shows that the company has been more effective in using its
assets to generate revenues.
Calculation: Revenue / [Current Year Total Assets + Last Year Total Assets)/2]


Current Asset Turnover Current Asset Turnover indicates how efficiently the business uses its current assets to generate sales.
Calculation: Revenue / [Current Year Current Assets + Last Year Current Assets)/2]
Inventory Turnover ratio shows how many times a company's inventory is sold and replaced over a period.
Inventory Turnover A low turnover implies poor sales and, therefore, excess inventory. A high ratio implies either strong sales
or ineffective buying.
Calculation: Cost of Goods Sold /[Current Year Inventory + Last Year Inventory)/2]
Working Capital Turnover is a measurement to compare the depletion of working capital to the generation
Working Capital of sales. This provides some useful information as to how effectively a company is using its working capital
Turnover to generate sales.
Calculation: Revenue / (Current Assets – Current Liabilities)
Capital Employed Capital employed turnover ratio measures the efficiency of a company's use of its equity in generating sales
Turnover revenue to the company.
Calculation: Revenue / (Total Assets – Current Liabilities)
Capex to Sales ratio measures the company's expenditure (investments) on fixed and related assets'
Capex to sales effectiveness when compared to the sales generated.
Calculation: (Capital Expenditure / Sales) *100
Net income per Net income per Employee looks at a company's net income in relation to the number of employees they
Employee have. Ideally, a company wants a higher profit per employee possible, as it denotes higher productivity.
Calculation: Net Income / No. of Employees
Revenue per Employee measures the average revenue generated per employee of a company. This ratio is
Revenue per Employee most useful when compared against other companies in the same industry. Generally, a company seeks the
highest revenue per employee.
Calculation: Revenue / No. of Employees
Efficiency Ratio is used to calculate a bank's efficiency. An increase means the company is losing a larger
Efficiency Ratio percentage of its income to expenses. If the efficiency ratio is getting lower, it is good for the bank and its
shareholders.
Calculation: [Non-interest expense / (Net Interest Income + Non-Interest Income)] * 100
GlobalData
Notes
• Financial information of the company is taken from the most recently published annual reports or SEC filings
• The financial and operational data reported for the company is as per the industry defined standards
• Revenue converted to USD at average annual conversion rate as of fiscal year end
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sustain a competitive edge. Data is continuously updated and revised by large teams of research experts, so that it always reflects the latest
events and information. With a large dedicated research and analysis capability, GlobalData employs rigorous primary and secondary research
techniques in developing unique data sets and research material for this series and its other reports. GlobalData offers comprehensive
geographic coverage across world’s most important sectors, focusing particularly on energy and healthcare.
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sources and does not necessarily represent the views of the company profiled.
The facts of this report are believed to be correct at the time of publication but cannot be guaranteed. Please note that the findings,
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Daeyoung Packaging Co., Ltd.

Report Code: GDPP150162FA

Report Code: GDPP150162FA

Key Executives Key Competitors

Share Data Financial Performance

Source: Annual Report, Company Website, Primary and Secondary

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Report Code: GDPP150162FA

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Report Code: GDPP150162FA

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Report Code: GDPP150162FA

Section 1 - About the Company

Telephone +82 31 4909200 No. of Employees 366 (Estimated)

Fax Fiscal Year End December

URL www.dygroup.co.kr/03relation/ Revenue (in USD Million) 221.2

Industry Industrial Goods and Revenue (in KRW Million) 260,706.4

Locations Asia-Pacific, South Korea

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Daeyoung Packaging Co., Ltd. - Key Employees

Name Job Title Board Level Since Age

Hwang Seong-yeol Director, Managing Director Executive Board 62

Yongsu Son Director, Director Sales Executive Board 57

Hong Bok-yong Director, Manager Executive Board 54

Kim Seon-gyu Director Non Executive Board 57

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Daeyoung Packaging Co., Ltd. - Major Products and Services

Daeyoung Packaging Co., Ltd., Major Products and Services

Corrugating Medium Cardboard

Reverse Side Paper Corrugated Cardboard

Surface Paper Cardboard

Corrugated Cardboard Boxes

Single Face Corrugated Cardboard

Double Face Corrugated Cardboard

Double Wall Corrugated Cardboard

Triple Wall Corrugated Cardboard

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Daeyoung Packaging Co., Ltd. - History

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Daeyoung Packaging Co., Ltd. - Locations And Subsidiaries

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Section 2 – Company Analysis

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Daeyoung Packaging Co., Ltd. - Key Competitors

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Section 3 – Company Financial Ratios

Key Ratios 30-Jul-2021

P/E (Price/Earnings) Ratio 100.75

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Financial Ratios - Annual Ratios

Gross Margin % 13.28 8.54 12.56 15.09 12.82

Operating Margin % 2.52 -0.88 3.16 4.96 1.58

Net Profit Margin % 4.01 -0.95 3.54 4 1.27

Profit Markup % 15.31 9.34 14.36 17.77 14.71

Return on Equity % 7.76 -2.29 7.57 7.17 2.15