Daedong
대동 · 000490
Industrials Machinery · KOSPI
Market cap US$169.6M (₩234.1B)
Overview
Daedong makes farm machinery, tractors, combine harvesters, and rice transplanters, used by agricultural operations across South Korea and internationally.
Its products reach farmers and agricultural businesses in markets including the United States, China, and Europe. Listed on KOSPI, South Korea's main stock exchange, the company earns the large majority of its revenue from exports rather than domestic sales. Beyond core farm equipment, it also supplies cast metal components such as cylinder heads, and a mobility segment covering industrial roller chains, zero-turn mowers, electric utility vehicles, and e-scooters.
Summary is AI-generated and may contain errors · figures from DART filings
Financials
Source: DART · FY ending Dec · latest FY2025Revenue
- FY2023US$1B
- FY2024US$1B
- FY2025US$1.1B
Operating profit
- FY2023US$47.4M
- FY2024US$13.4M
- FY2025US$22.6M
Net income
- FY2023US$8.6M
- FY2024−US$32.7M
- FY2025−US$21.6M
Key ratios (FY2025)
Why it matters
Daedong operates as a group of over a dozen subsidiaries, with its casting and mobility businesses run through separate consolidated entities rather than a single operating company.
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