DAEWON KANG UP Co., Ltd. (000430) AI Stock Analysis

DAEWON KANG UP Co., Ltd.

(Korea Exchange:000430)

Select Model

Rating:70Outperform

Price Target:KRW 4,367.00▲(10.70% Upside)

Action:initiatedcoverage

Date:11/02/26

The overall score is supported primarily by improving financial performance and highly attractive valuation. Weak technical momentum and continued volatility, particularly in margins and cash conversion, materially reduce the score.

Positive Factors

Improving revenue and profitabilityRevenue growth and stronger gross and net margins indicate that operating performance has improved beyond a single earnings line. If maintained, the higher profitability base can support reinvestment, strengthen returns on equity, and provide better resilience across the next several quarters.

Negative Factors

Structurally low and volatile marginsLow margins leave less room to absorb operating setbacks, cost pressure, or cyclical weakness before earnings are affected. The prior loss and history of volatile profitability also make the recent improvement less secure, keeping long-term earnings durability below that of more consistently profitable businesses.

DAEWON KANG UP Co., Ltd. (000430) vs. SPDR S&P 500 ETF (SPY)

Market Cap: KRW 246.14B
Dividend Yield: 2.77%
Average Volume (3M): 140.54K
Price to Earnings (P/E): 3.0
Beta (1Y): 0.40
Revenue Growth: 6.82%
EPS Growth: 211.46%
Country: KR
Employees: 663
Sector: General
Sector Strength: 55
Industry: Auto - Parts

DAEWON KANG UP Co., Ltd. Business Overview & Revenue Model

Company Description

Established in 1946 and headquartered in Cheonan-si, South Korea, Daewon Kang Up Co., Ltd. is a global developer, producer, and seller of a diverse range of suspension springs and seating solutions. The company's extensive spring portfolio includes v...

DAEWON KANG UP Co., Ltd. Financial Statement Overview

Summary

Financial performance is improving overall: revenue and profitability increased substantially, leverage is manageable, and operating and free cash flow turned positive. Modest margins, volatile growth, and weak free-cash-flow conversion limit the score.

Income Statement

82Very Positive

Balance Sheet

75Positive

Cash Flow

68Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.70T	1.60T	1.37T	1.11T	1.02T	862.22B
Gross Profit	213.96B	185.10B	148.40B	129.94B	88.08B	64.16B
EBITDA	147.96B	110.23B	77.14B	117.97B	72.40B	53.57B
Net Income	71.65B	36.42B	23.62B	30.64B	18.86B	-2.86B
Balance Sheet
Total Assets	1.54T	1.45T	1.30T	1.03T	1.01T	983.03B
Cash, Cash Equivalents and Short-Term Investments	98.80B	90.53B	48.30B	63.40B	82.50B	63.92B
Total Debt	325.13B	331.06B	287.71B	182.71B	195.05B	208.19B
Total Liabilities	750.30B	719.09B	621.33B	408.11B	412.41B	406.04B
Stockholders Equity	612.42B	561.55B	518.28B	509.06B	483.71B	462.60B
Cash Flow
Free Cash Flow	17.86B	-12.25B	-15.71B	20.70B	25.31B	-6.74B
Operating Cash Flow	121.41B	111.22B	55.14B	54.26B	56.18B	14.38B
Investing Cash Flow	-120.34B	-134.46B	-82.82B	-41.08B	16.22B	-9.01B
Financing Cash Flow	6.19B	29.19B	20.02B	-35.62B	-34.10B	-14.76B

DAEWON KANG UP Co., Ltd. Technical Analysis

Technical Analysis SentimentNegative

Last Price3945.00

Price Trends

50DMA4385.90Negative

100DMA4200.30Negative

200DMA4185.96Negative

Market Momentum

MACD-130.04Positive

RSI37.41Neutral

STOCH32.40Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KR:000430, the sentiment is Negative. The current price of 3945.00 is below the 20-day moving average (MA) of 4178.75, below the 50-day MA of 4385.90, and below the 200-day MA of 4185.96, indicating a bearish trend. The MACD of -130.04 indicates Positive momentum. The RSI at 37.41 is Neutral, neither overbought nor oversold. The STOCH value of 32.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KR:000430.

DAEWON KANG UP Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

KR:000430 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KR:005850	75Outperform	KRW 2.14T	5.74	―	5.72%	10.27%	26.15%
KR:015230	73Outperform	KRW 140.57B	3.99	―	3.05%	13.19%	44.47%
KR:000430	70Outperform	KRW 246.14B	3.03	―	2.77%	6.82%	211.46%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
KR:204320	54Neutral	KRW 1.74T	17.21	―	2.02%	1.85%	-33.95%
KR:041650	51Neutral	KRW 36.15B	7.71	―	2.68%	-6.73%	―
KR:011210	50Neutral	KRW 1.31T	24.97	―	2.43%	12.15%	-33.00%

* General Sector Average

Performance Comparison

KR:000430 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
KR:000430	DAEWON KANG UP Co., Ltd.	3970.00	37.86	0.96%
KR:005850	SL Corporation	48400.00	14485.77	42.71%
KR:011210	Hyundai Wia Corporation	49350.00	-8633.27	-14.89%
KR:015230	DAECHANG Forging Co., Ltd	5910.00	-473.47	-7.42%
KR:041650	Sangsin Brake Co., Ltd.	1867.00	-768.46	-29.16%
KR:204320	HL Mando Co., Ltd.	37050.00	-541.16	-1.44%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 28, 2026

DAEWON KANG UP Co., Ltd. AI Stock Analysis