DAEWON KANG UP Co., Ltd.

DAEWON KANG UP Co., Ltd.

KKRX:000430
4,050.00
KRW
+20.00
(+0.50%)
1,421.24EPS
3.49P/E
249.86BMarket Cap
Nov 18Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
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
27,422.74
Basic EPS, GAAP
508
200
305
619
351
281
258
-104
-111
304
494
462
587
1,155.62
Free Cash Flow per Basic Share
-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
125.05
Dividend per Share
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
- -
Book Value per Share
6,680.42
6,697.56
6,764.3
7,242.83
7,374.02
7,508.87
7,743.2
7,486.55
7,461.22
7,801.79
8,210.59
8,440.7
9,057.18
9,877.71
Tangible Book Value per Share
6,519.72
6,486.45
6,573.73
7,059.8
7,187.29
7,352.23
7,593.56
7,340.44
7,326.56
7,694.16
8,096.13
8,323.12
8,958.49
9,778.12
Basic Weighted Avg Shares
62
62
62
62
62
62
62
62
62
62
62
62
62
62
Sales/Revenue/Turnover
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
1,700,210
Operating Margin (%)
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
4.34
Depreciation Expense
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
68,161
Net Income, GAAP
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
71,649
Effective Tax Rate (%)
28.98
22.43
30.06
19.36
11.64
24.1
35.76
- -
- -
- -
37.61
14.05
18.37
1.67
Profit Margin (%)
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
4.21
Working Capital
-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
31,671
LT Debt
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
41,427
Total Equity
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
790,763
Return on Invested Capital (%)
5.75
3.3
4.21
5.33
3.73
3.85
2.11
- -
- -
- -
4.57
2.15
3.73
6.8
Return on Capital (%)
4.25
2.04
2.3
4.52
3.15
2.33
2.16
- -
- -
- -
3.98
3.59
3.75
6.51
Return on Common Equity (%)
7.89
2.99
4.52
8.84
4.8
3.77
3.39
-1.36
-1.49
3.99
6.17
5.55
6.71
12.52

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
295,233
289,923
283,705
LT Borrowings
30,323
36,627
36,865
LT Finance Leases
5,500
4,611
4,562
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
62
62
62
Market Capitalization
239,630
243,040
249,860

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
611,263
710,375
701,508
Cash, Cash Equivalents & STI
90,528
104,266
98,801
Accounts Receivable, Net
271,302
331,260
340,561
Inventories
167,012
179,189
176,604
Total Current Liabilities
645,505
700,663
669,837
Payables & Accruals
- -
- -
- -
ST Debt
295,233
289,923
283,705
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

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

KRW

•

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
472,012
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
194
-50
292
-55.17
462
2025
194
111
-80.56
363.25
587
2026
474.4
398.54
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
141.65
2025
40.34
110.5
- -
- -
150.25
2026
- -
- -
- -
- -
- -

Company Description

CEO
Chai-Chul Hur
Full Time Employees
663
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
114-41, Osong 1 gil Cheonan SC South Korea 31042
IPO Date
Jun 22, 1977
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.