Development Advance Solution Co.,Ltd.
Development Advance Solution Co.,Ltd. (KRX: 058730) is trading at ₩3,110.00, about ₹225 at today's KRW/INR rate, as of 8 Oct 2026, 2:30 AM ET, down 0.96% today. Development Advance Solution is not currently available to trade on Paasa; this page shows its price, statistics and the Indian tax treatment for information.
Quote
Today's low
₩3,065.00
Today's high
₩3,170.00
52 week low
₩2,270.00
52 week high
₩5,800.00
058730 opened at ₩3,130.00, closed previously at ₩3,140.00, and has traded between ₩2,270.00 and ₩5,800.00 over the past 52 weeks.
About
Established in 1996 and based in Hwasun-eup, South Korea, Development Advance Solution Co.,Ltd. (DAS) specializes in the installation of steel frameworks and a wide array of related products across various sectors. Their extensive portfolio for road safety facilities includes diverse guardrail systems such as W-type, thrie beam, dual strength, and open beam designs, along with bridge and bikeway barriers, steel frame retaining walls, and crucial performance test data. For acoustic solutions, DAS offers sound-absorbing, wooden, and transparent soundproof panels, as well as innovative solar power noise enclosures. The company also supplies polyurethane boards for insulation needs. A significant area of focus for DAS is renewable energy, where they provide comprehensive services encompassing project development, engineering, material procurement, construction, and ongoing operation and maintenance. This includes expertise in renewable portfolio standard systems, photovoltaic soundproofing tunnels, and specialized mounting structures. Additionally, DAS offers a variety of general construction materials, such as easy steel decks, plywood, and insulation decks. Their offerings further extend to environmental products like water purification systems, wooden debris barriers, and wooden decks, alongside building finishes including clay bricks and terracotta exterior materials. The company was previously known as Dong-a Steel Technology Co.,Ltd.
Key statistics
Avg. volume
4.66M
Market cap
₩56.11B
P/E Ratio
-5.31
Price-to-sales ratio
0.19
Enterprise value
₩112.75B
Free cash flow yield
55.59%
Debt-to-equity ratio
0.93
Return on equity
-3.51%
ROIC
0.19%
Beta
0.14
Dividend yield
0.00%
Last dividend
₩0.00
Financial overview
Revenue
₩273.19B
Earnings per share
-₩272.91
Free cash flow
₩32.47B
Net profit margin
-3.57%
Gross margin
7.38%
EBITDA
₩7.07B
Revenue growth
-12.44%
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This is not an investment recommendation
Development Advance Solution for Indian investors
Development Advance Solution is listed on the Korea Exchange. It is not currently available to trade on Paasa; the figures on this page are for information, and the tax notes below apply to Indian residents who hold it.
Taxes on Development Advance Solution for Indian residents
Trading and limits
- Trading hours
- 9:00 am – 3:30 pm KST
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- NoneDevelopment Advance Solution does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
FAQs
Can I buy Development Advance Solution on Paasa?
Development Advance Solution (058730) has been listed on the Korea Exchange since 2004, in the Steel industry. Development Advance Solution is not currently available to trade on Paasa; the figures on this page are for information. Indian residents who hold it through another broker still declare it under the rules below.
How much does one Development Advance Solution share cost in rupees?
One Development Advance Solution share is ₩3,110.00 — about ₹225 at a KRW/INR rate of 0.0722 on 9 Oct 2026. Both the Development Advance Solution price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for investing abroad from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability.
How are gains on Development Advance Solution shares taxed in India?
Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the KRW/INR rate on the purchase and the sale date, so the rupee move counts alongside the Development Advance Solution price.
Does Development Advance Solution pay a dividend?
No. Development Advance Solution does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one: dividends are taxed at your slab rate in India.
When does KRX trade, in Indian time?
The Korea Exchange trades 5:30 am – 12:00 pm IST in Indian time.
Do I have to declare Development Advance Solution shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. The holding is reported with its cost and its closing value.
Does the rupee rate affect what I make on Development Advance Solution?
Yes. Development Advance Solution is priced in KRW, so your rupee outcome combines the KRW move with the KRW/INR move between the day you remit and the day you convert back.