New Risk • May 22
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 14% 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. This is currently the only risk that has been identified for the company. Announcement • Mar 17
DAE-IL Corporation, Annual General Meeting, Mar 30, 2026 DAE-IL Corporation, Annual General Meeting, Mar 30, 2026, at 10:00 Tokyo Standard Time. Location: conference room, 8, bonggyenonggong-gil, dudong-myeon, ulju-gun, ulsan South Korea Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to ₩8,090, the stock trades at a trailing P/E ratio of 66.7x. Average trailing P/E is 8x in the Auto Components industry in South Korea. Total returns to shareholders of 108% over the past three years. Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩7,150, the stock trades at a trailing P/E ratio of 59x. Average trailing P/E is 6x in the Auto Components industry in South Korea. Total returns to shareholders of 65% over the past three years. Reported Earnings • Nov 14
Third quarter 2025 earnings released: EPS: ₩44.00 (vs ₩200 in 3Q 2024) Third quarter 2025 results: EPS: ₩44.00 (down from ₩200 in 3Q 2024). Revenue: ₩188.8b (up 13% from 3Q 2024). Net income: ₩1.68b (down 78% from 3Q 2024). Profit margin: 0.9% (down from 4.6% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to ₩6,420, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 7x in the Auto Components industry in South Korea. Total returns to shareholders of 66% over the past three years. Reported Earnings • Aug 20
Second quarter 2025 earnings released: ₩18.00 loss per share (vs ₩70.00 profit in 2Q 2024) Second quarter 2025 results: ₩18.00 loss per share (down from ₩70.00 profit in 2Q 2024). Revenue: ₩206.6b (up 6.9% from 2Q 2024). Net loss: ₩680.0m (down 125% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has remained flat. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩3,905, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 7x in the Auto Components industry in South Korea. Total loss to shareholders of 25% over the past three years. New Risk • Apr 01
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: 2.0% Last year net profit margin: 5.0% 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 Risk Interest payments are not well covered by earnings (1.2x net interest cover). Minor Risks Share price has been volatile over the past 3 months (9.2% average weekly change). Profit margins are more than 30% lower than last year (2.0% net profit margin). Announcement • Mar 18
DAE-IL Corporation, Annual General Meeting, Mar 31, 2025 DAE-IL Corporation, Annual General Meeting, Mar 31, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 8, bonggyenonggong-gil, dudong-myeon, ulju-gun, ulsan South Korea Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩4,880, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 7x in the Auto Components industry in South Korea. Total loss to shareholders of 7.0% over the past three years. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩4,770, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 7x in the Auto Components industry in South Korea. Total loss to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩3,855, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 6x in the Auto Components industry in South Korea. Total loss to shareholders of 3.6% over the past three years. Valuation Update With 7 Day Price Move • Nov 15
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩4,295, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 5x in the Auto Components industry in South Korea. Total loss to shareholders of 2.9% over the past three years. New Risk • Nov 06
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩138.1b (US$98.5m) 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 Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risks Profit margins are more than 30% lower than last year (1.7% net profit margin). Market cap is less than US$100m (₩138.1b market cap, or US$98.5m). Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: ₩70.00 (vs ₩453 in 2Q 2023) Second quarter 2024 results: EPS: ₩70.00 (down from ₩453 in 2Q 2023). Revenue: ₩193.3b (flat on 2Q 2023). Net income: ₩2.68b (down 85% from 2Q 2023). Profit margin: 1.4% (down from 9.1% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₩3,755, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 7x in the Auto Components industry in South Korea. Total loss to shareholders of 41% over the past three years. Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩6,290, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 8x in the Auto Components industry in South Korea. Negligible returns to shareholders over past three years. New Risk • Apr 22
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 8.8% 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 (2.6x net interest cover). High level of non-cash earnings (34% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.8% average weekly change). Valuation Update With 7 Day Price Move • Apr 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩6,030, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 8x in the Auto Components industry in South Korea. Total returns to shareholders of 53% over the past three years. Reported Earnings • Mar 20
Full year 2023 earnings released: EPS: ₩954 (vs ₩79.00 in FY 2022) Full year 2023 results: EPS: ₩954 (up from ₩79.00 in FY 2022). Revenue: ₩728.7b (up 4.7% from FY 2022). Net income: ₩36.7b (up ₩33.7b from FY 2022). Profit margin: 5.0% (up from 0.4% in FY 2022). Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩5,170, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 7x in the Auto Components industry in South Korea. Total returns to shareholders of 52% over the past three years. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩5,120, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 7x in the Auto Components industry in South Korea. Total returns to shareholders of 259% over the past three years. Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to ₩6,640, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 8x in the Auto Components industry in South Korea. Total returns to shareholders of 305% over the past three years. New Risk • Aug 24
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). High level of non-cash earnings (21% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (9.6% average weekly change). Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩7,000, the stock trades at a trailing P/E ratio of 33.8x. Average trailing P/E is 9x in the Auto Components industry in South Korea. Total returns to shareholders of 353% over the past three years. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₩6,100, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 9x in the Auto Components industry in South Korea. Total returns to shareholders of 241% over the past three years. Reported Earnings • May 16
First quarter 2023 earnings released: EPS: ₩290 (vs ₩161 in 1Q 2022) First quarter 2023 results: EPS: ₩290 (up from ₩161 in 1Q 2022). Revenue: ₩179.8b (up 15% from 1Q 2022). Net income: ₩11.2b (up 81% from 1Q 2022). Profit margin: 6.2% (up from 4.0% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩5,020, the stock trades at a trailing P/E ratio of 64x. Average trailing P/E is 12x in the Auto Components industry in South Korea. Total returns to shareholders of 257% over the past three years. Reported Earnings • Mar 23
Full year 2022 earnings released: EPS: ₩79.00 (vs ₩753 in FY 2021) Full year 2022 results: EPS: ₩79.00 (down from ₩753 in FY 2021). Revenue: ₩695.9b (up 18% from FY 2021). Net income: ₩3.04b (down 90% from FY 2021). Profit margin: 0.4% (down from 4.9% in FY 2021). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth. 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. 11 experienced directors. No highly experienced directors. 2 independent directors (9 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 16% share price decline to ₩3,250, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 10x in the Auto Components industry in South Korea. Total returns to shareholders of 38% 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. 11 experienced directors. No highly experienced directors. 2 independent directors (9 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. Reported Earnings • May 12
First quarter 2021 earnings released: EPS ₩280 (vs ₩71.00 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₩144.6b (up 16% from 1Q 2020). Net income: ₩10.8b (up ₩13.5b from 1Q 2020). Profit margin: 7.5% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Announcement • Mar 13
DAE-IL Corporation, Annual General Meeting, Mar 29, 2021 DAE-IL Corporation, Annual General Meeting, Mar 29, 2021, at 10:00 Korea Standard Time. Is New 90 Day High Low • Jan 13
New 90-day high: ₩4,800 The company is up 229% from its price of ₩1,460 on 15 October 2020. The South Korean market is up 29% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 36% over the same period. Is New 90 Day High Low • Dec 16
New 90-day high: ₩1,610 The company is up 2.0% from its price of ₩1,585 on 16 September 2020. The South Korean market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 12% over the same period. Is New 90 Day High Low • Oct 27
New 90-day low: ₩1,370 The company is down 16% from its price of ₩1,625 on 29 July 2020. The South Korean market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 20% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: ₩1,420 The company is down 8.0% from its price of ₩1,545 on 26 June 2020. The South Korean market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 22% over the same period.