1. South Korea Stocks

  2. •

    Consumer Cyclical

  3. •

    Auto - Parts
Daewon Kang Up Co., Ltd.

Daewon Kang Up Co., Ltd.

000430.KS
Daewon Kang Up Co., Ltd.KR flagKorea Exchange
3,920.00
KRW
+110.00
- -
243.04BMarket Cap
Daewon Kang Up Co., Ltd.
000430.KS
(Korea Exchange)

Recent

price

3,920.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
14,803.48
16,349.24
16,366.81
16,284.3
16,581.57
16,362.74
17,358.67
16,585.74
16,062.82
15,458.4
13,908.4
13,897.39
16,516.38
17,846.1
22,044.94
25,771.06
26,611.69
Revenue per Share
649
596.6
682
508
200
305
619
351
281
258
-104
-111
304
494
462
587
867.55
Basic EPS, GAAP
-565.64
-563.86
-177.62
-1,576.83
-780.68
526.08
27.21
719.27
1,505.96
-459.37
392.68
-108.71
408.09
333.83
-253.27
-197.47
147.27
Free Cash Flow per Basic Share
22.16
85.29
137.92
140.91
153.66
154.07
165.33
163.07
148.62
147.48
147.54
129.82
204.59
136.93
141.65
150.25
109.96
Dividend per Share
2,410.62
5,508.04
6,034.56
6,346.58
6,333.3
6,472.39
6,971.03
7,218.42
7,241.99
7,373.85
7,366.18
7,222.86
7,688.78
7,984.26
8,188.07
8,736.13
9,145.45
Book Value per Share
5,941.43
6,528.78
7,257.21
7,673.56
7,691.83
8,052.81
8,756.2
8,826.58
9,052.9
9,305.5
9,092.74
9,165.43
9,533.67
9,853.73
11,011.25
11,669.56
12,122.93
Tangible Book Value per Share
55
61
61
62
62
62
62
62
62
62
62
62
62
62
62
62
62
Basic Weighted Avg Shares
813,961
996,447
1,000,414
1,010,584
1,029,407
1,013,036
1,076,116
1,028,166
995,413
960,215
861,231
862,223
1,024,450
1,106,757
1,367,585
1,599,072
1,649,925
Sales/Revenue/Turnover
6.44
6.88
6.27
6.31
3.6
5.21
5.55
3.71
4.24
2.81
0.61
-0.58
2.15
5.35
1.65
2.94
3.15
Operating Margin (%)
32,432
30,937
27,040
33,787
41,897
45,226
49,092
54,104
55,140
54,731
52,188
52,573
45,788
44,210
54,574
63,228
65,092
Depreciation Expense
35,685
36,361
41,687
31,526
12,416
18,883
38,374
21,759
17,414
16,026
-6,440
-6,887
18,856
30,636
28,661
36,423
53,788
Net Income, GAAP
24.9
27.67
23.39
28.98
22.43
30.06
19.36
11.64
24.1
35.76
- -
- -
- -
37.61
14.05
18.37
38.4
Effective Tax Rate (%)
4.38
3.65
4.17
3.12
1.21
1.86
3.57
2.12
1.75
1.67
-0.75
-0.8
1.84
2.77
2.1
2.28
3.26
Profit Margin (%)
-71,986
-62,590
-77,779
-142,532
-129,963
-106,074
-112,612
-49,516
-27,429
-50,103
-34,121
4,281
3,245
43,507
-9,902
-34,242
9,712
Working Capital
73,194
47,000
33,508
58,707
66,041
67,455
63,927
77,310
57,293
29,407
28,035
16,363
3,354
8,248
51,118
35,823
41,238
LT Debt
326,365
407,091
452,992
486,175
490,608
510,374
554,171
558,746
570,720
587,299
572,096
576,991
598,012
618,193
690,387
730,205
757,787
Total Equity
7.73
8.28
6.88
5.75
3.3
4.21
5.33
3.73
3.85
2.11
- -
- -
- -
4.57
2.15
3.73
- -
Return on Invested Capital (%)
11.58
7.91
6.49
4.36
2.1
2.35
4.61
3.19
2.37
2.22
- -
- -
- -
4.03
3.65
3.82
1.82
Return on Capital (%)
30.89
15.53
11.83
8.27
3.16
4.76
9.21
4.95
3.89
3.53
-1.41
-1.52
4.08
6.3
5.71
6.94
10
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
252,503
295,233
289,923
LT Borrowings
56,241
30,323
36,627
LT Finance Leases
5,944
5,500
4,611
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
62
62
62
Market Capitalization
231,697
239,762
243,040

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
581,675
611,263
710,375
Cash, Cash Equivalents & STI
50,817
90,528
104,266
Accounts Receivable, Net
283,432
271,302
331,260
Inventories
165,205
167,012
179,189
Total Current Liabilities
604,714
645,505
700,663
Payables & Accruals
- -
- -
- -
ST Debt
252,503
295,233
289,923
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.72%
5.06%
5.77%
Free Cash Flow
142.29%
-163.83%
-22.01%
Net Income, GAAP
-39.2%
-56.75%
27.08%
Sales/Revenue/Turnover
5.22%
13.49%
16.93%
Total Cash Common Dividend
1.86%
4.44%
6.09%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
284,365
295,258
367,782
420,180
1,367,585
2025
381,959
421,727
389,954
405,433
1,599,072
2026
432,811
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
194
-50
292
- -
462
2025
194
110.46
-80.56
- -
587
2026
474.4
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
141.65
2025
40.34
109.96
- -
- -
150.25
2026
- -
- -
- -
- -
- -
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Business
Daewon Kang Up Co., Ltd. operates as a prominent manufacturer and global supplier of essential components, encompassing suspension springs and seating solutions for diverse applications across South Korea and international markets. The company provides a broad spectrum of suspension springs, including precision-engineered coil and leaf springs, stabilizer and torsion bars, and advanced air spring systems, along with integrated air and pusher axle suspension kits tailored for automotive manufacturers. Additionally, their offerings extend to specialized spring manufacturing equipment, such as coil insert and tension bar connection tools, alongside spring testing apparatus. The firm also excels in precision spring technology, producing items like engine valve springs and cotters, curved springs, return springs, robust die springs, and intricate precision wire and disc springs. This division further crafts flat and snap rings and various IT components, serving critical functions in automotive parts, electronic devices, industrial machinery, civil construction projects, and high-precision IT applications. Moreover, Daewon Kang Up delivers comprehensive seating systems for passenger vehicles, subway carriages, railway trains, heavy-duty equipment, and other industrial sectors. Their manufacturing capabilities also include specialized equipment for producing coil and leaf springs and stabilizer bars, alongside peeling tools, spring testing instruments, and engineering services. The company further supplies material processing equipment and related engineering services, as well as a range of seat sub-components like adjusters, recliners, pumping mechanisms, headrests, lightweight magnesium frames, and complete seat assemblies. Established in 1946, the company maintains its corporate headquarters in Cheonan-si, South Korea.