Daedong
Daily close in US$ at the latest USD/KRW close. Source: KRX via FinanceDataReader.
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
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.
Daedong in five facts
What does Daedong do?
Daedong makes farm machinery, tractors, combine harvesters, and rice transplanters, used by agricultural operations across South Korea and internationally.
Where is Daedong listed and in which sector?
Daedong (Korean name: 대동) trades under KRX code 000490 on KOSPI, the main board of the Korea Exchange. It is classified in the Industrials sector, Machinery.
How large is Daedong?
Its market capitalisation was US$153.8M on 2026-10-21, which puts it in this site's small-cap group. US$ amounts are converted from won at 1 USD ≈ ₩1,325 (2026-10-21).
What were Daedong's latest annual revenue and operating profit?
For fiscal year 2025, Daedong reported revenue of US$1.1B, operating profit of US$23.6M and a net loss of US$22.5M, per its annual report on DART (data retrieved from DART on 2026-09-05). Revenue was up 4.9% on the previous year.
Where does this data come from?
Financial statements and filings come from DART, Korea's official corporate-filing system. Share prices, market capitalisation and trading status come from KRX. Company summaries are AI-generated from the filings and may contain errors; financial figures are mapped directly from DART.
Data sources and last updated
- Filings and financial statements
- DART (dart.fss.or.kr), Korea's official corporate-filing system
- Prices, market cap, trading status
- KRX (Korea Exchange), via FinanceDataReader
- Latest annual financials
- Fiscal year 2025, data retrieved from DART on 2026-09-05
- Share price and market cap
- Close of 2026-10-21
- Currency
- US$, converted from won at 1 USD ≈ ₩1,325 (2026-10-21 close)
- Company data updated
- 2026-10-21
- Company summary
- AI-generated from filings; may contain errors. Information only, not investment advice.
- Decision to guarantee a third party's debtSep 21
- Decision to acquire shares/equity in another company
Daedong disclosed a subsidiary's acquisition of Daedong Mobility Co., Ltd., worth US$16.6M.
M&A · Aug 26 - Decision to acquire shares/equity in another company
Daedong disclosed a subsidiary's acquisition of Daedong Mobility Co., Ltd., worth US$24.5M.
M&A · Aug 25 - Operating results (consolidated) (preliminary) (fair disclosure)
Daedong filed provisional (unaudited) consolidated results for Q2 2026: revenue of US$330M (+12.7% year on year), operating profit of US$29.1M (+64.3% year on year) and net income of US$15.1M (+213.7% year on year).
Earnings · Aug 10 - [Amended] Decision to acquire shares/equity in another company
Daedong updated the disclosed terms of an acquisition of DaedongGear, now worth US$7.27M.
M&A · Jul 15 · 3 versions - [Amended] Paid-in and bonus capital increase decision (subsidiary)
Daedong's subsidiary DaedongGear Co., Ltd. amended its rights-offering disclosure to reflect the final issue price of US$4.70 per share (previously planned at US$6.48) for a fund raise now set at US$22.2M in facility funds and US$4.88M in working capital, alongside a related bonus issue of 4,426,596 shares at a 0.3-per-share ratio with record date 2026-08-04.
Capital raise · Jul 15 · 3 versions - Supply contract signed
Daedong disclosed a supply contract with Tumosan Motor Ve Traktor Sanayi Anonim Sirketi, worth US$30.6M, about 3.13% of its recent annual revenue, running through Jul 2031.
Supply contract · Jul 7 - Decision to acquire shares/equity in another company
Daedong disclosed an acquisition of DaedongGear, worth US$13.4M.
M&A · Jun 16 - Treasury share disposal: results reportTreasury Shares · Apr 7
- Material event report (treasury share disposal)
Daedong disclosed a plan to sell treasury shares worth US$401K, about 0.3% of its market value.
Treasury Shares · Mar 26 - Cash/in-kind dividend decision
Daedong declared a cash dividend of US$0.07 per share, equal to about 1% of the recent share price.
Dividend · Mar 10 - Change of 30% or more in revenue or profit/loss structure (15% for large companies)
Daedong reported consolidated results for FY2025: revenue of US$1.01B (+4.2% year on year), operating profit of US$21.3M (+68.3% year on year) and a net loss of US$17.2M.
Earnings · Feb 11