This infographic, originally published by Korea Financial Times, has been reconstructed using generative AI (Gemini).
Doosan Fuel Cell Posts KRW 100 Billion Operating Loss, Yet Delivers 11x Returns to Investors
이미지 확대보기
[Korea Financial Times, Shin Haeju] Doosan Fuel Cell (CEO Lee Doosoon) shares are heading back toward their all-time high — a remarkable trajectory that runs in stark contrast to the company's actual financial performance. The fuel cell maker posted an operating loss of KRW 105.7 billion last year, its worst profitability since its founding. Yet the market remains enthusiastic about the stock. Why?
TSR and Financial Performance Out of Step
According to an analysis of Doosan Fuel Cell's cumulative total shareholder return (TSR) conducted by Korea Financial Times using corporate data platform DeepSearch, the figure reached 1,003.45% from October 18, 2019 to April 30, 2026.
The share price, which stood at KRW 5,510 on the first day of the analysis period, had surged to KRW 60,800 by the end date. As Doosan Fuel Cell has never paid a dividend since its inception, share price appreciation alone directly determines the cumulative TSR.
댓글
0