Daedong Corporation

000490.KS

000490.KSDaedong Corporation

KSE

8,530.00

KRW

-30.00

(-0.35%)

201.04BMarket Cap

May 15Next Earn

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ISIN

KR7000490003

Return %

Stock

S&P500

-49.35

26.87

-21.38

27.51

32.25

87.04

Use logarithmic scale

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	TTM
Revenue per Share	29,867.38	27,364.65	27,953.62	29,080.05	28,169.46	28,258.55	29,430.51	31,398.13	40,344.71	43,208.56	56,902.12	68,626.22	64,684.11	60,370.84
Basic EPS, GAAP	285.4	-71	-52	237	161	-865	464	59	134	985	1,619	1,812	794	-8.3
Free Cash Flow per Basic Share	-541.38	-362.25	863.51	-2,960.46	-286.78	-785.98	-273.92	-2,585.1	1,018.74	2,028.36	-3,318.4	-9,204.45	-11,224.37	-4,514.63
Dividend per Share	56.89	59.68	51.91	56.92	67.03	57.02	41.73	60.67	52.94	62.2	81.81	79.22	107.6	10.81
Book Value per Share	10,858.22	10,763.38	10,455.96	10,629.67	10,701.82	9,840.02	10,143.07	9,749.91	9,807.32	10,883.21	12,500.01	13,869.57	14,177.36	- -
Tangible Book Value per Share	10,616.63	10,254.27	10,010.97	10,273.8	10,423.18	9,554.91	9,775.2	9,716.76	10,105.67	15,461.44	17,899.21	21,306.34	24,825.54	28,727.96
Basic Weighted Avg Shares	21	21	21	21	21	21	21	21	21	21	21	21	22	23
Sales/Revenue/Turnover	619,097	563,460	581,152	603,238	583,473	585,414	610,103	654,760	834,431	895,751	1,179,193	1,463,738	1,433,391	1,372,513
Operating Margin (%)	2.13	0.12	1.02	1.07	0.93	-2.22	2.82	0.8	2.89	3.7	3.24	6.03	4.56	8.82
Depreciation Expense	21,246	22,852	24,416	25,050	25,736	24,621	25,044	25,111	26,058	26,787	29,671	33,201	37,551	31,334
Net Income, GAAP	5,916	-1,462	-1,081	4,916	3,335	-17,920	9,619	1,230	2,771	20,420	33,551	38,648	17,595	-189
Effective Tax Rate (%)	18.85	- -	- -	- -	29.66	- -	26.8	20.23	50.14	22.99	16.56	33.16	50.1	1,931.97
Profit Margin (%)	0.96	-0.26	-0.19	0.81	0.57	-3.06	1.58	0.19	0.33	2.28	2.85	2.64	1.23	-0.01
Working Capital	32,548	373	12,477	28,470	57,771	27,378	18,292	17,024	-7,878	-30,662	-3,507	123,705	64,334	81,707
LT Debt	50,391	28,742	35,895	54,865	74,688	53,795	39,302	67,399	62,884	34,195	96,533	150,884	65,706	- -
Total Equity	234,925	230,400	225,941	230,397	233,123	215,148	218,898	217,504	218,849	328,299	385,905	471,991	577,060	653,121
Return on Invested Capital (%)	3.18	- -	- -	- -	0.82	- -	2.59	0.79	2.15	4.24	4.24	5.98	2.6	-231.18
Return on Capital (%)	3.61	- -	- -	- -	1.7	- -	3.1	1.77	1.53	5.08	5.97	6.06	4.57	-124.7
Return on Common Equity (%)	4.37	-0.65	-0.49	2.25	1.51	-8.42	4.65	0.59	1.36	9.53	13.85	13.93	5.77	-0.11

Capital Structure

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in mil. unless spec.

Working Capital

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in mil. unless spec.

Growth Rates

FRC

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in mil. unless spec.

(avg. rate of change)	10 years	5 years	1 year
Sales/Revenue/Turnover	10.09%	17.7%	-2.07%
Net Income, GAAP	-67.81%	157.41%	-54.47%
Free Cash Flow	33.5%	-18.18%	26.69%
Total Cash Common Dividend	10.81%	15.31%	41.12%
Total Equity	10.93%	22.55%	22.26%

Growth Rates

•

in mil. unless spec.

Quarterly Revenue

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in mil. unless spec.

Quarterly Earnings Per Share

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in mil. unless spec.

Quarterly Dividends Per Share

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in mil. unless spec.

Company Description

CEO: Mr. Joon-Sik Kim
Full Time Employees: 962
Sector: Industrials
Industry: Agricultural - Machinery
Address: 34, Nongong Jungang-ro Daegu South Korea 42984
IPO Date: Invalid Date
Website: ko.daedong.co.kr
Business: Daedong Corporation manufactures and sells agricultural machinery in South Korea and internationally. The company's products include tractors, combine-harvesters, rice transplanters, power tillers, engines, and UTV vehicles. It also exports its products. The company was formerly known as Daedong Industrial Co., Ltd. and changed its name to Daedong Corporation in March 2021. Daedong Corporation was founded in 1947 and is based in Daegu, South Korea.

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	TTM
Revenue per Share	29,867.38	27,364.65	27,953.62	29,080.05	28,169.46	28,258.55	29,430.51	31,398.13	40,344.71	43,208.56	56,902.12	68,626.22	64,684.11	60,370.84
Basic EPS, GAAP	285.4	-71	-52	237	161	-865	464	59	134	985	1,619	1,812	794	-8.3
Free Cash Flow per Basic Share	-541.38	-362.25	863.51	-2,960.46	-286.78	-785.98	-273.92	-2,585.1	1,018.74	2,028.36	-3,318.4	-9,204.45	-11,224.37	-4,514.63
Dividend per Share	56.89	59.68	51.91	56.92	67.03	57.02	41.73	60.67	52.94	62.2	81.81	79.22	107.6	10.81
Book Value per Share	10,858.22	10,763.38	10,455.96	10,629.67	10,701.82	9,840.02	10,143.07	9,749.91	9,807.32	10,883.21	12,500.01	13,869.57	14,177.36	- -
Tangible Book Value per Share	10,616.63	10,254.27	10,010.97	10,273.8	10,423.18	9,554.91	9,775.2	9,716.76	10,105.67	15,461.44	17,899.21	21,306.34	24,825.54	28,727.96
Basic Weighted Avg Shares	21	21	21	21	21	21	21	21	21	21	21	21	22	23
Sales/Revenue/Turnover	619,097	563,460	581,152	603,238	583,473	585,414	610,103	654,760	834,431	895,751	1,179,193	1,463,738	1,433,391	1,372,513
Operating Margin (%)	2.13	0.12	1.02	1.07	0.93	-2.22	2.82	0.8	2.89	3.7	3.24	6.03	4.56	8.82
Depreciation Expense	21,246	22,852	24,416	25,050	25,736	24,621	25,044	25,111	26,058	26,787	29,671	33,201	37,551	31,334
Net Income, GAAP	5,916	-1,462	-1,081	4,916	3,335	-17,920	9,619	1,230	2,771	20,420	33,551	38,648	17,595	-189
Effective Tax Rate (%)	18.85	- -	- -	- -	29.66	- -	26.8	20.23	50.14	22.99	16.56	33.16	50.1	1,931.97
Profit Margin (%)	0.96	-0.26	-0.19	0.81	0.57	-3.06	1.58	0.19	0.33	2.28	2.85	2.64	1.23	-0.01
Working Capital	32,548	373	12,477	28,470	57,771	27,378	18,292	17,024	-7,878	-30,662	-3,507	123,705	64,334	81,707
LT Debt	50,391	28,742	35,895	54,865	74,688	53,795	39,302	67,399	62,884	34,195	96,533	150,884	65,706	- -
Total Equity	234,925	230,400	225,941	230,397	233,123	215,148	218,898	217,504	218,849	328,299	385,905	471,991	577,060	653,121
Return on Invested Capital (%)	3.18	- -	- -	- -	0.82	- -	2.59	0.79	2.15	4.24	4.24	5.98	2.6	-231.18
Return on Capital (%)	3.61	- -	- -	- -	1.7	- -	3.1	1.77	1.53	5.08	5.97	6.06	4.57	-124.7
Return on Common Equity (%)	4.37	-0.65	-0.49	2.25	1.51	-8.42	4.65	0.59	1.36	9.53	13.85	13.93	5.77	-0.11

Year	Q1	Q2	Q3	Q4	FY
2022	597	1,705	121	- -	1,812
2023	1,092	625.6	82.79	- -	794
2024	261	- -	- -	- -	- -

	Dec'23	Mar'24	Jun'24
ST Debt	752,225	884,497	- -
LT Borrowings	63,008	69,989	- -
LT Finance Leases	2,699	2,989	- -
Preferred Equity and Hybrid Capital	- -	- -	- -
Shares Outstanding	23	24	24
Market Capitalization	370,971	303,212	236,441

	Dec'23	Mar'24	Jun'24
Total Current Assets	1,174,544	1,390,976	1,454,465
Accounts Receivable, Net	427,690	552,888	- -
Cash, Cash Equivalents & STI	68,289	67,348	- -
Inventories	638,723	719,095	- -
Total Current Liabilities	1,110,210	1,362,533	1,372,758
Payables & Accruals	- -	- -	- -
ST Debt	752,225	884,497	- -
Deferred Revenue	- -	- -	- -

Year	Q1	Q2	Q3	Q4	FY
2022	356,833	457,338	322,569	326,998	1,463,738
2023	400,852	434,804	341,183	256,450	1,433,391
2024	362,442	412,438	- -	- -	- -

Year	Q1	Q2	Q3	Q4	FY
2022	- -	- -	0.78	- -	79.22
2023	- -	- -	- -	- -	107.6
2024	10.54	- -	- -	- -	- -

Daedong Corporation

Growth Rates

(avg. rate of change)

Company Description

Growth Rates

(avg. rate of change)

Quarterly Dividends Per Share

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Quarterly Earnings Per Share

Year

Capital Structure

Working Capital

Quarterly Revenue

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