Company Daewon Kang Up Co., Ltd.

Equities

A000430

KR7000430009

Auto, Truck & Motorcycle Parts

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Sector

Sales per Business

Sales per region

Quarterly revenue - Rate of surprise

Sector Automotive Body Parts

End-of-day quote Korea S.E. Other stock markets 18:00:00 2024-05-13 EDT			5-day change	1st Jan Change
5,500 ^KRW	-0.72%		-1.61%	+1.10%

2023	An unknown buyer acquired 54.2% stake in Daewon Cast Steel Co., Ltd. from Daewon Kang Up Co., Ltd., SAMWONSTEEL Co.,Ltd. and Daewon Precision Industrial Company Limited for KRW6.5 billion.	CI
2023	Daewon Kang Up Co., Ltd.(KOSE:A000430) added to S&P Global BMI Index	CI

DaeWon Kang Up Co., Ltd is a Korea-based company engaged in the manufacturing and sale of automobile parts. The Company mainly produces springs and seats. Its spring products consist of suspension springs, which include leaf springs, coil springs, stabilizer bars, air springs, air suspension systems and pusher axle suspension kits, as well as precision springs, which consist of engine valve springs, auto-clutch return springs, wire springs, flat springs, information technology (IT) components, die springs and disk springs. Its seat products are comprised of seats for vehicles and trains. It also produces and exports spring and seat manufacturing equipment. On October 11, 2013, it established a new overseas subsidiary, namely DAEWON-AvtoVazAgregat Seats LLC, engaged in the production, assembly and sale of seat and seat system.

KRW in Million	2022	Weight	2023	Weight	Delta
Vehicles and Industrial Springs, Vehicle Seats, and Mechanical Equipment Products 92.7 %	924,407	90.2 %	1,025,811	92.7 %	+10.97%
Vehicles and Industrial Springs, Vehicle Seats, and Mechanical Equipment Merchandise 6.4 %	85,003	8.3 %	70,434	6.4 %	-17.14%
Other 0.9 %	15,041	1.5 %	10,512	0.9 %	-30.11%

KRW in Million	2022	Weight	2023	Weight	Delta
South Korea 65.5 %	694,402	67.8 %	724,722	65.5 %	+4.37%
North America 20.8 %	222,151	21.7 %	230,658	20.8 %	+3.83%
Europe 11.1 %	80,279	7.8 %	122,741	11.1 %	+52.89%
Asia 2.6 %	27,618	2.7 %	28,636	2.6 %	+3.69%

Managers	Title	Age	Since
Byung-Woo Yoo CEO	Chief Executive Officer	62	-
Jae-Cheol Huh CEO	Chief Executive Officer	76	-
Seung-Ho Huh CEO	Chief Executive Officer	61	-
Sang-Boon Lee DFI	Director of Finance/CFO	64	-
Man-Seung Lim PSD	President	68	-
Jae-Woong Huh PSD	President	71	-
Jin-Wung Kim CTO	Chief Tech/Sci/R&D Officer	56	-
Hyeon-Hee Kim SAM	Sales & Marketing	49	-
Se-Chang Jeong SAM	Sales & Marketing	58	-
Jong-Ho Lee AUD	Comptroller/Controller/Auditor	64	-

Members of the board	Title	Age	Since
Seung-Ho Huh CEO	Chief Executive Officer	61	-
Jae-Cheol Huh CEO	Chief Executive Officer	76	-
Jae-Woong Huh PSD	President	71	-
Man-Seung Lim PSD	President	68	-
Dong-Soo Kim BRD	Director/Board Member	62	-
Jung-Shik Oh BRD	Director/Board Member	67	-
Byung-Woo Yoo CEO	Chief Executive Officer	62	-
Jae-Won Kim BRD	Director/Board Member	63	19-03-21
Kwang-Jun Lee BRD	Director/Board Member	72	18-03-22
Jin-Ho Heo BRD	Director/Board Member	63	-

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	62,000,000	31,298,343 ( 50.48 %)	0	50.48 %

Name	Equities	%	Valuation
HYUNDAI G.F. HOLDINGS CO., LTD. 22.70 %	14,076,314	22.70 %	59 M ₩
HYUNDAI HOME SHOPPING NETWORK CORPORATION 7.670 %	4,755,695	7.670 %	20 M ₩
Seung-Ho Huh 5.718 %	3,544,981	5.718 %	15 M ₩
Min-chul Hong 5.160 %	3,199,394	5.160 %	13 M ₩
Soo-won Hur 2.603 %	1,614,000	2.603 %	7 M ₩
Daewon Chong Up Corp. 2.590 %	1,605,500	2.590 %	7 M ₩
HYUNDAI DEPARTMENT STORE CO. LTD. 2.400 %	1,488,114	2.400 %	6 M ₩
Seung-won Hur 2.211 %	1,371,000	2.211 %	6 M ₩
Jae-moo Hur 1.956 %	1,212,766	1.956 %	5 M ₩
DAEWON SANUP CO., LTD 1.315 %	815,021	1.315 %	3 M ₩

Name	Equities	%	Valuation
SAMWONSTEEL CO.,LTD. 54.64%	21,855,489	54.64%	43,881,669 $

DAEWON KANG UP Co., Ltd.

114-41 Osong 1-gil Seonggeo-eup

31042, Cheonan

http://www.daewonspring.com

address Daewon Kang Up Co., Ltd.(A000430)

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

5,500 KRW

Average target price

8,000 KRW

Spread / Average Target

+45.45%

Consensus

Company calendar

Consumer Cyclicals

Automobiles & Auto Parts

Automobiles & Auto Parts

Auto, Truck & Motorcycle Parts

Automotive Body Parts

	1st Jan change	Capi.
DAEWON KANG UP CO., LTD.	+1.10%	251M
LINAMAR CORPORATION	+11.93%	3.23B
STANLEY ELECTRIC CO., LTD.	+5.71%	2.86B
OPMOBILITY SE	-1.08%	1.82B
HUADA AUTOMOTIVE TECHNOLOGY CORP.,LTD	+28.14%	1.77B
ASAHI INDIA GLASS LIMITED	+4.34%	1.71B
CHANGCHUN FAWAY AUTOMOBILE COMPONENTS CO.,LTD	-7.54%	901M
SAF-HOLLAND SE	+15.39%	854M
STANDARD MOTOR PRODUCTS, INC.	-20.02%	706M
MILLER INDUSTRIES, INC.	+40.77%	663M

Automotive Body Parts