Board Change • Mar 20
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. 7 experienced directors. No highly experienced directors. 2 independent directors (5 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. Tillkännagivande • May 29
Daidong Electronics Co. Ltd., Annual General Meeting, Jun 27, 2025 Daidong Electronics Co. Ltd., Annual General Meeting, Jun 27, 2025, at 10:00 Tokyo Standard Time. Location: auditorium, geumcheon-gu, seoul South Korea Reported Earnings • Jun 21
Full year 2024 earnings released: EPS: ₩1,629 (vs ₩2,227 in FY 2023) Full year 2024 results: EPS: ₩1,629 (down from ₩2,227 in FY 2023). Revenue: ₩29.0b (down 30% from FY 2023). Net income: ₩12.7b (down 30% from FY 2023). Profit margin: 44% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₩12,850, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 15x in the Electronic industry in South Korea. Total returns to shareholders of 61% over the past three years. Buy Or Sell Opportunity • Jun 13
Now 25% undervalued Over the last 90 days, the stock has risen 100% to ₩13,300. The fair value is estimated to be ₩17,633, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.4% over the last 3 years. Earnings per share has grown by 42%. Tillkännagivande • May 31
Daidong Electronics Co. Ltd., Annual General Meeting, Jun 26, 2024 Daidong Electronics Co. Ltd., Annual General Meeting, Jun 26, 2024, at 10:00 Tokyo Standard Time. Location: auditorium, geumcheon-gu, seoul South Korea Valuation Update With 7 Day Price Move • May 20
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩14,530, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 15x in the Electronic industry in South Korea. Total returns to shareholders of 84% over the past three years. New Risk • Apr 15
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 9.0% 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: Minor Risks Share price has been volatile over the past 3 months (9.0% average weekly change). Market cap is less than US$100m (₩67.6b market cap, or US$48.8m). Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improves as stock rises 35% After last week's 35% share price gain to ₩9,080, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 15x in the Electronic industry in South Korea. Total returns to shareholders of 1.5% over the past three years. Reported Earnings • Feb 18
Third quarter 2024 earnings released: ₩127 loss per share (vs ₩48.00 loss in 3Q 2023) Third quarter 2024 results: ₩127 loss per share (further deteriorated from ₩48.00 loss in 3Q 2023). Revenue: ₩9.95b (down 34% from 3Q 2023). Net loss: ₩955.7m (loss widened 143% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Feb 09
An unknown buyer completed the acquisition of 68.5% stake in DAIDONG MOLD&PLASTICS(SHANGHAI) CO.,LTD from Daidong Electronics Co. Ltd. (KOSE:A008110) for KRW 16.3 billion. An unknown buyer agreed to acquire 68.5% stake in DAIDONG MOLD&PLASTICS(SHANGHAI) CO.,LTD from Daidong Electronics Co. Ltd. (KOSE:A008110) for KRW 16 billion on November 29, 2023. Transaction is expected to complete on December 31, 2024.An unknown buyer completed the acquisition of 68.5% stake in DAIDONG MOLD&PLASTICS(SHANGHAI) CO.,LTD from Daidong Electronics Co. Ltd. (KOSE:A008110) for KRW 16.3 billion on February 7, 2024. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₩7,460, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 16x in the Electronic industry in South Korea. Total returns to shareholders of 73% over the past three years. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩5,760, the stock trades at a trailing P/E ratio of 5.1x. Average trailing P/E is 16x in the Electronic industry in South Korea. Total returns to shareholders of 35% over the past three years. Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩5,180, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total returns to shareholders of 25% over the past three years. New Risk • Jul 05
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 8.1% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.1% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₩45.4b market cap, or US$34.9m). New Risk • Jun 23
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 111% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (₩52.2b market cap, or US$40.0m). Reported Earnings • Jun 22
Full year 2023 earnings released: EPS: ₩1,121 (vs ₩1,017 in FY 2022) Full year 2023 results: EPS: ₩1,121 (up from ₩1,017 in FY 2022). Revenue: ₩41.3b (down 5.4% from FY 2022). Net income: ₩9.16b (up 10% from FY 2022). Profit margin: 22% (up from 19% in FY 2022). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to ₩6,430, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total returns to shareholders of 50% over the past three years. Upcoming Dividend • Mar 23
Upcoming dividend of ₩250 per share at 2.9% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 17 July 2023. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (0.6%). Reported Earnings • Feb 19
Third quarter 2023 earnings released: ₩48.00 loss per share (vs ₩705 profit in 3Q 2022) Third quarter 2023 results: ₩48.00 loss per share (down from ₩705 profit in 3Q 2022). Revenue: ₩15.2b (up 37% from 3Q 2022). Net loss: ₩392.8m (down 107% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 18
Second quarter 2023 earnings released: EPS: ₩405 (vs ₩235 in 2Q 2022) Second quarter 2023 results: EPS: ₩405 (up from ₩235 in 2Q 2022). Revenue: ₩8.40b (down 30% from 2Q 2022). Net income: ₩3.31b (up 73% from 2Q 2022). Profit margin: 39% (up from 16% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 49% per year and the company’s share price has also increased by 49% per year. 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. 7 experienced directors. No highly experienced directors. 2 independent directors (5 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 • Oct 28
Investor sentiment improved over the past week After last week's 25% share price gain to ₩13,100, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 10x in the Electronic industry in South Korea. Total returns to shareholders of 364% over the past three years. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩10,500, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 10x in the Electronic industry in South Korea. Total returns to shareholders of 269% over the past three years. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩11,500, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 11x in the Electronic industry in South Korea. Total returns to shareholders of 283% over the past three years. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩14,350, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 13x in the Electronic industry in South Korea. Total returns to shareholders of 353% over the past three years. Reported Earnings • Aug 20
First quarter 2023 earnings released: EPS: ₩187 (vs ₩22.00 in 1Q 2022) First quarter 2023 results: EPS: ₩187 (up from ₩22.00 in 1Q 2022). Revenue: ₩8.06b (down 24% from 1Q 2022). Net income: ₩1.53b (up ₩1.35b from 1Q 2022). Profit margin: 19% (up from 1.7% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improved over the past week After last week's 20% share price gain to ₩13,600, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 15x in the Electronic industry in South Korea. Total returns to shareholders of 287% 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 28% share price gain to ₩8,090, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 13x in the Electronic industry in South Korea. Total returns to shareholders of 95% over the past three years. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment deteriorated over the past week After last week's 22% share price decline to ₩5,730, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 12x in the Electronic industry in South Korea. Total returns to shareholders of 55% over the past three years. Reported Earnings • Jun 20
Full year 2022 earnings released: EPS: ₩1,013 (vs ₩389 in FY 2021) Full year 2022 results: EPS: ₩1,013 (up from ₩389 in FY 2021). Revenue: ₩43.6b (up 9.6% from FY 2021). Net income: ₩8.28b (up 153% from FY 2021). Profit margin: 19% (up from 8.2% in FY 2021). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. 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. 7 experienced directors. No highly experienced directors. 2 independent directors (5 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 • Mar 14
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₩9,720, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total returns to shareholders of 255% over the past three years. Buying Opportunity • Mar 08
Now 23% undervalued Over the last 90 days, the stock is up 34%. The fair value is estimated to be ₩14,618, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.0% per annum over the last 3 years. Earnings per share has grown by 36% per annum over the last 3 years. Buying Opportunity • Feb 21
Now 20% undervalued Over the last 90 days, the stock is up 40%. The fair value is estimated to be ₩14,574, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.0% per annum over the last 3 years. Earnings per share has grown by 36% per annum over the last 3 years. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improved over the past week After last week's 17% share price gain to ₩10,050, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 18x in the Electronic industry in South Korea. Total returns to shareholders of 267% over the past three years. Reported Earnings • Nov 18
Second quarter 2022 earnings released: EPS ₩235 (vs ₩150 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₩12.0b (up 83% from 2Q 2021). Net income: ₩1.92b (up ₩3.14b from 2Q 2021). Profit margin: 16% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improved over the past week After last week's 18% share price gain to ₩9,150, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 19x in the Electronic industry in South Korea. Total returns to shareholders of 248% over the past three years. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment improved over the past week After last week's 15% share price gain to ₩8,060, the stock trades at a trailing P/E ratio of 17.3x. Average trailing P/E is 18x in the Electronic industry in South Korea. Total returns to shareholders of 217% over the past three years. Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩6,610, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total returns to shareholders of 129% over the past three years. Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment improved over the past week After last week's 19% share price gain to ₩8,030, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 19x in the Electronic industry in South Korea. Total returns to shareholders of 170% over the past three years. Reported Earnings • Aug 23
First quarter 2022 earnings released: EPS ₩22.00 (vs ₩44.18 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₩10.6b (up 85% from 1Q 2021). Net income: ₩176.2m (up ₩535.1m from 1Q 2021). Profit margin: 1.7% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 18% per year. Reported Earnings • Jun 23
Full year 2021 earnings released: EPS ₩397 (vs ₩483 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₩39.8b (down 12% from FY 2020). Net income: ₩3.27b (down 21% from FY 2020). Profit margin: 8.2% (down from 9.2% in FY 2020). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improved over the past week After last week's 16% share price gain to ₩6,710, the stock trades at a trailing P/E ratio of 33x. Average trailing P/E is 25x in the Electronic industry in South Korea. Total returns to shareholders of 119% over the past three years. Upcoming Dividend • Mar 23
Upcoming dividend of ₩500 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 10 July 2021. Trailing yield: 8.8%. Within top quartile of South Korean dividend payers (2.3%). Higher than average of industry peers (0.5%). Reported Earnings • Feb 20
Third quarter 2021 earnings released: EPS ₩318 (vs ₩97.31 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₩16.2b (up 13% from 3Q 2020). Net income: ₩2.60b (up 210% from 3Q 2020). Profit margin: 16% (up from 5.9% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Jan 21
New 90-day high: ₩4,685 The company is up 6.0% from its price of ₩4,405 on 23 October 2020. The South Korean market is up 31% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 48% over the same period. Reported Earnings • Nov 20
Second quarter 2021 earnings released: ₩162 loss per share The company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: ₩6.41b (down 33% from 2Q 2020). Net loss: ₩1.35b (down 176% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Oct 06
New 90-day high: ₩4,600 The company is up 8.0% from its price of ₩4,250 on 08 July 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 11% over the same period.