New Risk • May 28
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩148.8b (US$99.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.04x net interest cover). Earnings have declined by 48% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩148.8b market cap, or US$99.0m). Annuncio • Apr 24
Daedong Gear Co., Ltd. has filed a Follow-on Equity Offering in the amount of KRW 79.999386 billion. Daedong Gear Co., Ltd. has filed a Follow-on Equity Offering in the amount of KRW 79.999386 billion.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 5,767,800
Price\Range: KRW 13870
Discount Per Security: KRW 138.7
Transaction Features: Rights Offering Annuncio • Mar 07
Daedong Gear Co., Ltd., Annual General Meeting, Mar 27, 2026 Daedong Gear Co., Ltd., Annual General Meeting, Mar 27, 2026, at 11:00 Tokyo Standard Time. Location: auditorium, 42, gongdan 1-ro, sanam-myeon, gyeongsangnam-do, sacheon South Korea New Risk • Jan 09
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩145.6b (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.4x net interest cover). Earnings have declined by 37% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$100m (₩145.6b market cap, or US$99.9m). Upcoming Dividend • Dec 22
Upcoming dividend of ₩40.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 27 April 2026. Trailing yield: 0.2%. Lower than top quartile of South Korean dividend payers (3.6%). Lower than average of industry peers (2.0%). New Risk • Dec 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.4x net interest cover). Earnings have declined by 37% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change). Reported Earnings • Nov 20
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: ₩50.0b (up 5.5% from 3Q 2024). Net loss: ₩1.62b (loss narrowed 38% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance. Declared Dividend • Nov 08
Dividend of ₩40.00 announced Dividend of ₩40.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 27th April 2026 Dividend yield will be 0.3%, which is lower than the industry average of 1.9%. Sustainability & Growth Annuncio • Nov 07
Daedong Gear Co., Ltd. announces Annual dividend, payable on April 27, 2026 Daedong Gear Co., Ltd. announced Annual dividend of KRW 40.0000 per share payable on April 27, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. New Risk • Sep 24
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩136.4b (US$97.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (3.5% operating cash flow to total debt). Earnings have declined by 24% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩136.4b market cap, or US$97.5m). New Risk • May 23
New major risk - Revenue and earnings growth Earnings have declined by 5.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.6x net interest cover). Earnings have declined by 5.7% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). New Risk • Apr 07
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩144.7b (US$98.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (0.5% net profit margin). Market cap is less than US$100m (₩144.7b market cap, or US$98.8m). Annuncio • Mar 13
Daedong Gear Co., Ltd., Annual General Meeting, Mar 27, 2025 Daedong Gear Co., Ltd., Annual General Meeting, Mar 27, 2025, at 11:00 Tokyo Standard Time. Location: conference room, 42, gongdan 1-ro, sanam-myeon, gyeongsangnam-do, sacheon South Korea Upcoming Dividend • Dec 20
Upcoming dividend of ₩40.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 18 April 2025. Trailing yield: 0.3%. Lower than top quartile of South Korean dividend payers (3.9%). Lower than average of industry peers (2.6%). New Risk • Dec 09
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risk Market cap is less than US$100m (₩120.7b market cap, or US$84.9m). Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩13,430, the stock trades at a trailing P/E ratio of 49x. Average trailing P/E is 6x in the Auto Components industry in South Korea. Total returns to shareholders of 138% over the past three years. Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment improves as stock rises 43% After last week's 43% share price gain to ₩11,560, the stock trades at a trailing P/E ratio of 42.2x. Average trailing P/E is 5x in the Auto Components industry in South Korea. Total returns to shareholders of 104% over the past three years. New Risk • Nov 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (0.9% net profit margin). Market cap is less than US$100m (₩97.1b market cap, or US$69.5m). Declared Dividend • Nov 15
Dividend of ₩40.00 announced Shareholders will receive a dividend of ₩40.00. Ex-date: 27th December 2024 Payment date: 18th April 2025 Dividend yield will be 0.5%, which is lower than the industry average of 1.9%. Sustainability & Growth Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₩6,770, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 7x in the Auto Components industry in South Korea. Total loss to shareholders of 22% over the past three years. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩10,020, the stock trades at a trailing P/E ratio of 30.6x. Average trailing P/E is 8x in the Auto Components industry in South Korea. Total returns to shareholders of 17% over the past three years. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to ₩13,320, the stock trades at a trailing P/E ratio of 43.2x. Average trailing P/E is 7x in the Auto Components industry in South Korea. Total returns to shareholders of 247% over the past three years. New Risk • Mar 13
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.0% Last year net profit margin: 1.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (1.0% net profit margin). Market cap is less than US$100m (₩91.5b market cap, or US$69.8m). Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₩13,430, the stock trades at a trailing P/E ratio of 33.8x. Average trailing P/E is 7x in the Auto Components industry in South Korea. Total returns to shareholders of 252% over the past three years. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to ₩9,100, the stock trades at a trailing P/E ratio of 22.9x. Average trailing P/E is 7x in the Auto Components industry in South Korea. Total returns to shareholders of 195% over the past three years. Upcoming Dividend • Dec 20
Upcoming dividend of ₩40.00 per share at 0.6% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 18 April 2024. Trailing yield: 0.6%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (2.0%). Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩7,790, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 7x in the Auto Components industry in South Korea. Total returns to shareholders of 157% over the past three years. Valuation Update With 7 Day Price Move • Oct 10
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₩8,700, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 7x in the Auto Components industry in South Korea. Total returns to shareholders of 182% over the past three years. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment improves as stock rises 55% After last week's 55% share price gain to ₩8,840, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 7x in the Auto Components industry in South Korea. Total returns to shareholders of 198% over the past three years. Reported Earnings • May 20
First quarter 2023 earnings released: EPS: ₩107 (vs ₩181 in 1Q 2022) First quarter 2023 results: EPS: ₩107 (down from ₩181 in 1Q 2022). Revenue: ₩78.3b (up 36% from 1Q 2022). Net income: ₩963.6m (down 41% from 1Q 2022). Profit margin: 1.2% (down from 2.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 41% per year whereas the company’s share price has increased by 37% per year. Upcoming Dividend • Dec 21
Inaugural dividend of ₩40.00 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 13 April 2023. This is the first dividend for Daedong Gear since going public. The average dividend yield among industry peers is 2.3%. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₩6,700, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 10x in the Auto Components industry in South Korea. Total returns to shareholders of 129% over the past three years. Valuation Update With 7 Day Price Move • Aug 29
Investor sentiment improved over the past week After last week's 19% share price gain to ₩9,670, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 13x in the Auto Components industry in South Korea. Total returns to shareholders of 221% over the past three years. Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment improved over the past week After last week's 17% share price gain to ₩8,210, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 14x in the Auto Components industry in South Korea. Total returns to shareholders of 164% over the past three years. Valuation Update With 7 Day Price Move • May 06
Investor sentiment improved over the past week After last week's 23% share price gain to ₩11,250, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 12x in the Auto Components industry in South Korea. Total returns to shareholders of 252% over the past three years. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improved over the past week After last week's 29% share price gain to ₩10,550, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 13x in the Auto Components industry in South Korea. Total returns to shareholders of 210% over the past three years. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 19% share price gain to ₩8,740, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 13x in the Auto Components industry in South Korea. Total returns to shareholders of 158% over the past three years. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improved over the past week After last week's 26% share price gain to ₩7,670, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 12x in the Auto Components industry in South Korea. Total returns to shareholders of 109% over the past three years. Upcoming Dividend • Dec 22
Inaugural dividend of ₩40.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 13 April 2022. The company is not currently making a profit and its cash payout ratio is 92%. The company last paid an ordinary dividend in February 2011. The average dividend yield among industry peers is 1.8%. Valuation Update With 7 Day Price Move • Aug 13
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩7,870, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 18x in the Auto Components industry in South Korea. Total returns to shareholders of 199% over the past three years. Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment improved over the past week After last week's 35% share price gain to ₩10,350, the stock trades at a trailing P/E ratio of 20.5x. Average trailing P/E is 18x in the Auto Components industry in South Korea. Total returns to shareholders of 256% over the past three years. Valuation Update With 7 Day Price Move • May 20
Investor sentiment improved over the past week After last week's 47% share price gain to ₩7,240, the stock trades at a trailing P/E ratio of 27.8x. Average trailing P/E is 22x in the Auto Components industry in South Korea. Total returns to shareholders of 129% over the past three years. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improved over the past week After last week's 18% share price gain to ₩4,445, the stock trades at a trailing P/E ratio of 17.1x. Average trailing P/E is 23x in the Auto Components industry in South Korea. Total returns to shareholders of 65% over the past three years. Is New 90 Day High Low • Jan 15
New 90-day high: ₩3,850 The company is up 28% from its price of ₩3,000 on 16 October 2020. The South Korean market is up 32% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 39% over the same period. Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment improved over the past week After last week's 16% share price gain to ₩3,725, the stock is trading at a trailing P/E ratio of 61x, up from the previous P/E ratio of 52.5x. This compares to an average P/E of 20x in the Auto Components industry in South Korea. Total returns to shareholders over the past three years are 76%. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improved over the past week After last week's 16% share price gain to ₩3,500, the stock is trading at a trailing P/E ratio of 57.3x, up from the previous P/E ratio of 49.4x. This compares to an average P/E of 20x in the Auto Components industry in South Korea. Total returns to shareholders over the past three years are 62%. Is New 90 Day High Low • Dec 29
New 90-day high: ₩3,365 The company is up 13% from its price of ₩2,970 on 29 September 2020. The South Korean market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 16% over the same period. Is New 90 Day High Low • Oct 07
New 90-day high: ₩3,170 The company is up 14% from its price of ₩2,770 on 09 July 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Auto Components industry, which is up 21% over the same period. Is New 90 Day High Low • Sep 20
New 90-day high: ₩3,090 The company is up 11% from its price of ₩2,790 on 22 June 2020. The South Korean market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 29% over the same period. 