1. South Korea Stocks

  2. •

    Producer manufacturing

  3. •

    Electrical products
Daeyang Electric Co., Ltd

Daeyang Electric Co., Ltd

KKRX:108380
15,320.00
KRW
-230.00
(-1.48%)
2,843.09EPS
8.62P/E
227.10BMarket Cap
Nov 18Next Earn
Daeyang Electric Co., Ltd
KRX:108380
(Korea Stock Exchange)

Recent

price

15,320.00

P/E

ratio

8.62

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
KRW
13,151.92
11,525.08
14,766.2
15,446.74
14,842.67
16,298.6
18,554.3
15,185.8
13,080.97
18,882.87
20,321.61
14,700.84
13,985.26
16,652.75
21,230.72
24,875.73
24,346.37
Revenue per Share
1,497
1,275.93
1,428
1,596
1,505
1,809
1,737
1,256
1,350
1,334
1,486
951
-804
904
2,120
2,680
2,843.09
Basic EPS, GAAP
645.44
-7.86
-530.82
1,213.29
1,210.09
-400.83
2,718.14
2,852.33
-925.8
269.6
-469.07
89.33
-688.53
1,404.43
-1,024.96
845.54
835.14
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
199.93
198.4
99.22
- -
- -
99.18
- -
Dividend per Share
9,308.16
10,117.34
11,535.27
13,158.95
14,655.41
16,477.94
18,238.32
19,479.43
20,883.57
22,186.1
23,583.99
24,321.12
23,431.62
24,418.18
26,533.58
29,042.33
29,626.47
Book Value per Share
9,130.84
9,857.76
10,296.83
11,859.89
13,276.45
14,939.58
16,646.51
18,045.18
19,557.81
21,000.55
22,571.75
23,461.7
22,593.73
23,596.64
25,734.42
28,212.83
28,796.22
Tangible Book Value per Share
7
8
9
9
9
9
9
9
9
9
9
9
9
9
9
9
9
Basic Weighted Avg Shares
87,417
92,439
139,138
145,575
139,940
154,239
174,948
143,064
122,940
176,920
189,163
136,605
130,396
154,347
196,279
230,095
225,351
Sales/Revenue/Turnover
14.07
11.17
11.09
11.95
11.18
11.62
9.09
10.31
7.79
8.4
8.62
5.31
-7.58
2.42
7.99
12
12.52
Operating Margin (%)
1,204
1,096
2,061
2,850
2,755
2,655
2,838
3,987
4,267
4,894
5,309
4,951
3,910
4,530
5,293
5,612
5,761
Depreciation Expense
9,950
10,234
13,456
15,041
14,190
17,119
16,378
11,833
12,688
12,499
13,832
8,837
-7,496
8,379
19,599
24,789
26,316
Net Income, GAAP
23.2
12.96
19.53
20.76
19.9
13.67
15.28
24.38
- -
21.11
20.01
10.16
- -
14.59
18.98
18.83
19.29
Effective Tax Rate (%)
11.38
11.07
9.67
10.33
10.14
11.1
9.36
8.27
10.32
7.06
7.31
6.47
-5.75
5.43
9.99
10.77
11.68
Profit Margin (%)
20,923
55,748
41,985
51,763
60,763
71,659
83,390
92,167
100,042
114,038
125,743
82,583
85,810
81,288
105,942
156,478
167,407
Working Capital
- -
- -
142
660
420
180
- -
- -
- -
372
712
524
359
158
10
163
111
LT Debt
61,855
95,550
108,715
124,018
139,177
155,617
171,703
183,733
195,546
207,996
219,044
226,690
218,469
225,678
245,269
269,200
274,614
Total Equity
15.12
11.37
12.05
11.76
9.59
10.66
9.67
6.49
- -
5.88
6.06
2.9
- -
1.44
5.36
8.39
8.38
Return on Invested Capital (%)
16.42
12.76
13.24
12.88
10.73
11.57
9.99
6.65
- -
6.19
6.46
3.95
- -
3.77
8.32
9.63
10.02
Return on Capital (%)
17.52
13
13.17
12.93
10.78
11.61
10.01
6.66
6.69
6.19
6.48
3.97
-3.37
3.77
8.32
9.64
10.03
Return on Common Equity (%)

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
35
228
222
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
163
111
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
9
9
Market Capitalization
269,071
256,757
227,096

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
204,340
207,303
223,867
Cash, Cash Equivalents & STI
104,992
110,725
116,337
Accounts Receivable, Net
33,336
34,700
31,866
Inventories
39,982
35,932
48,678
Total Current Liabilities
55,560
50,825
56,461
Payables & Accruals
- -
- -
- -
ST Debt
35
228
222
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.71%
4.32%
9.76%
Free Cash Flow
-295.56%
-330.1%
-182.54%
Net Income, GAAP
-28.8%
-54.46%
26.48%
Sales/Revenue/Turnover
6.24%
6.09%
17.23%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
41,355
49,900
44,737
60,287
196,279
2025
55,640
56,326
61,533
56,596
230,095
2026
50,896
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
400
454
273
993.16
2,120
2025
621
479.72
872.98
706.05
2,680
2026
784.14
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
99.18
2026
- -
- -
- -
- -
- -
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Business
Daeyang Electric Co., Ltd. is a South Korea-based manufacturer specializing in electrical, electronic, and lighting equipment for the marine, shipbuilding, defense, railway, and automotive industries. The company develops, manufactures, and distributes a comprehensive portfolio of industrial and specialized maritime systems organized across multiple core product divisions: marine and industrial lighting systems, including explosion-proof and flameproof lighting fixtures, marine LED luminaires, navigation lights, signal lights, floodlights, searchlights, and helideck lighting systems; marine communication and electronic systems, comprising integrated communication systems (ICS) for naval and commercial vessels, ship-to-land communication networks, reefer container monitoring systems (RCMS), electronic nautical consoles, and ultrasonic anemometers; power distribution and electrical control equipment, encompassing marine main and emergency switchboards, motor control centers (MCC), engine control room (ECR) consoles, integrated bridge systems (IBS), and railway vehicle switchboards, electrical control cabinets, and jumper couplers; defense and underwater robotics systems, including remotely operated vehicles (ROVs), autonomous unmanned underwater vehicles (UUVs), mine disposal vehicles (MDVs), and specialized submarine lead-acid batteries and torpedo propulsion battery assemblies manufactured through its subsidiary Korea Special Battery Co., Ltd.; and precision sensor solutions, featuring Micro-Electro-Mechanical Systems (MEMS) pressure sensors for electronic stability control (ESC) braking systems, as well as specialized high-pressure, medium-pressure, and low-pressure sensors and nozzle temperature-pressure sensors for hydrogen fuel cell electric vehicles (FCEVs). Founded in 1977 and headquartered in Busan, South Korea, Daeyang Electric operates manufacturing facilities and research centers in South Korea and delivers products to major global shipbuilders, national naval forces, rolling stock manufacturers, and automotive original equipment manufacturers across Asia, Europe, and the Americas. In recent developments, Daeyang Electric has advanced corporate restructuring initiatives to incorporate affiliated marine lighting distributor Daeyang Jeonjang Co., Ltd. as a consolidated subsidiary, aimed at optimizing corporate governance, eliminating intra-group transaction complexities, and driving distribution synergies. Furthermore, the company has accelerated its strategic expansion into eco-friendly automotive technologies by scaling commercial supply of high-precision MEMS hydrogen pressure and temperature sensors for hydrogen fuel cell vehicle platforms, while continuing research and development in autonomous unmanned maritime platforms and next-generation naval communication systems.