Doosan Fuel Cell Co., Ltd.: debt-to-equity, ROE and more
KOSPI, Legal name Doosan Fuel Cell Co., Ltd.
Latest figures are the FY2025 consolidated summary statements.
Latest fiscal year ratios (computed here)
- Debt/equity
- 226.1%
- Equity ratio
- 30.7%
- ROE
- -36.1%
- Op. margin
- -23.2%
- Rev. growth
- 10.4%
- Interest coverage
- n/a
Condition flags
- Latest operating profit is not above zero, or not reported.
- Operating loss for 2 straight years.
- Total equity is above paid-in capital. Not capital-impaired.
Interest coverage and dividends (OpenDART)
Interest expense and dividends come from DART's OpenDART annual-report filings, not the FSC summary statements used above. The source differs from the other tables on this page.
Interest coverage = operating profit ÷ interest expenseNo interest expense value yet for this company. Most companies fold interest expense into a single finance-costs line on their income statement, so it cannot be pulled out separately. Interest coverage is not computed here.
Dividends, last 3 fiscal years
No dividend data yet for this company.
Source values from the OpenDART (금융감독원 전자공시) annual report. Report fiscal year 2025.
Ratios by year (computed here)
Debt-to-equity = total liabilities ÷ total equity × 100Equity ratio = total equity ÷ total assets × 100ROE = net income ÷ year-end total equity × 100Operating margin = operating profit ÷ revenue × 100Revenue growth = (this year − last year) ÷ last year × 100
Computed from the source figures above with these formulas. Where the source's own debt-to-equity differs from ours, both are shown for that year.
| Fiscal year | Debt/equity | Equity ratio | ROE | Op. margin | Rev. growth |
|---|---|---|---|---|---|
| FY2021 separate | 34.9% | 74.1% | 1.7% | n/a | n/a |
| FY2022 separate | 96.3% | 50.9% | 0.7% | n/a | -18.2% |
| FY2023 separate | 108.9% | 47.9% | -1.7% | n/a | -16.4% |
| FY2024 consolidated | 136.5% | 42.3% | -2.1% | -0.4% | 57.8% |
| FY2025 consolidated | 226.1% | 30.7% | -36.1% | -23.2% | 10.4% |
Source figures (FSC summary statements)
Amounts are the source values, shortened. A cell reported as zero may be blank in the source, so it is not used in any ratio.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | ₩381.4B | ₩312.1B | ₩260.9B | ₩411.8B | ₩454.8B |
| Operating profit | 0 | 0 | 0 | -₩1.7B | -₩105.7B |
| Pre-tax income | ₩18.6B | ₩4.3B | -₩12.5B | -₩10.2B | -₩124.0B |
| Net income | ₩8.7B | ₩3.9B | -₩8.5B | -₩10.5B | -₩132.8B |
| Total assets | ₩698.9B | ₩1.03T | ₩1.07T | ₩1.18T | ₩1.20T |
| Total liabilities | ₩180.7B | ₩503.9B | ₩558.2B | ₩680.8B | ₩830.9B |
| Total equity | ₩518.2B | ₩523.1B | ₩512.7B | ₩498.9B | ₩367.5B |
| Paid-in capital | ₩8.2B | ₩8.2B | ₩8.2B | ₩8.2B | ₩8.2B |
| Debt/equity (source value) | 34.9% | 96.3% | 108.9% | 136.5% | 226.1% |
Company outline (FSC)
- Market
- KOSPI
- Fiscal year end
- Dec
- Founded
- 2019-10-01
- Listed
- 19/10/18
- Employees
- 709
- Auditor
- 한영회계법인
- Audit opinion
- 적정의견
- Corporate reg. no.
- 2149110058935
- Outline updated
- 2026-09-24
Check the original filings
Read the annual report and audit report before you decide anything. The link opens a DART search for this company's name.
Search DART for 두산퓨얼셀Computed from the Financial Services Commission's company outline and summary statements (data.go.kr). Data as of 2026-09-24.