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Daedong Ind. Co.,Ltd. (South Korea)

Main Activities: Agriculture, Construction, and Mining Machinery Manufacturing
Full name: Daedong Ind. Co.,Ltd. Profile Updated: March 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Daedong Ind. Co., Ltd. is a world-class agricultural machinery company located in Daegu, South Korea. Since its establishment in 1947, Daedong has played a significant role in the mechanization of Korean agriculture. They have produced a range of machinery including cultivators, tractors, combines, and pedestrian machines, contributing to the improvement of farmers' quality of life by increasing agricultural productivity and income. Daedong is not only focused on the Korean market but is also expanding globally. They have established local subsidiaries in North America, Europe, and Canada, and are further expanding into Southeast Asia, Africa, and the CIS. Their export brand, KIOTI, has gained recognition worldwide over the past 30 years. Looking towards the future, Daedong aims to lead the smart agriculture market by promoting convergence with information and communication technology (ICT). They are developing agricultural machinery that collects data and provides customized consulting for each farm, focusing on maximizing productivity and efficiency through precision agriculture. Daedong is also implementing digital-based corporate organizations, processes, and business models, including the introduction of smart factories. With over 70 years of experience and brand power, Daedong is committed to becoming a company that is remembered as the history and future of Korean agriculture.

Headquarters
1-12, Buk-Ri, Nongong-Eup, Dalseong-Gun
Daegu; Daegu; Postal Code: 711-857

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Website: http://www.daedong.co.kr

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
May 20, 1947
Key Executives
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Chief Executive Officer
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Chief Executive Officer
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Managing Director
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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21.17%
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1.83%
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1.62%
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1.23%
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0.83%
Subsidiaries
Daedong Metals Co.,Ltd.
70.13%
Daedong Metals
70.09%
Daedong Gear Co.,Ltd.
31.66%
Company Performance
Financial values in the chart are available after Daedong Ind. Co.,Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency KRW. Absolute financial data is included in the purchased report.
Net sales revenue
3.54%
Total operating revenue
4.69%
Operating profit (EBIT)
-3.28%
EBITDA
36.37%
Net Profit (Loss) for the Period
-37.32%
Total assets
23.39%
Total equity
7.73%
Operating Profit Margin (ROS)
-0.51%
Net Profit Margin
-1.81%
Return on Equity (ROE)
-4.37%
Debt to Equity Ratio
33.27%
Quick Ratio
-0.12%
Cash Ratio
-0.04%

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