DAEDONG CORPORATION (000490) AI Stock Analysis

DAEDONG CORPORATION

(Korea Exchange:000490)

Select Model

Rating:43Neutral

Price Target:$6,716.00▼(-2.67% Downside)

Action:initiatedcoverage

Date:10/28/26

The score is primarily held back by weak financial performance—losses across recent periods, negative operating/free cash flow, and elevated leverage. Technicals add pressure with a broadly bearish trend (below key moving averages and negative MACD). Valuation is mixed: a modest dividend is a small positive, but a negative P/E driven by losses limits valuation support.

Positive Factors

Modest Revenue GrowthRevenue has continued to expand into the latest trailing period, showing that Daedong retains demand for its agricultural machinery and related offerings despite weaker profitability. This provides a continuing base for operating recovery if margins improve and supports the company’s established market presence.

Negative Factors

Sustained Net LossesDaedong has remained loss-making across the latest three reported periods after being profitable in 2021–2023. Persistent negative net income weakens retained capital, reduces internal funding capacity, and shows that modest revenue growth is not yet translating into durable shareholder returns.

DAEDONG CORPORATION (000490) vs. SPDR S&P 500 ETF (SPY)

Market Cap: KRW 188.24B
Dividend Yield: 1.45%
Average Volume (3M): 453.65K
Price to Earnings (P/E): -10.1
Beta (1Y): 0.39
Revenue Growth: 5.97%
EPS Growth: 32.83%
Country: KR
Employees: 1,106
Sector: General
Sector Strength: 55
Industry: Agricultural - Machinery

DAEDONG CORPORATION Business Overview & Revenue Model

Company Description

Founded in 1947 and headquartered in Daegu, South Korea, Daedong Corporation is a leading producer and international vendor of agricultural equipment. Its comprehensive array of products designed for farming includes tractors, combine harvesters, ric...

DAEDONG CORPORATION Financial Statement Overview

Summary

Modest TTM revenue growth (+3.6%) is outweighed by a clear deterioration in profitability and cash generation. Net income is negative in 2024, 2025, and TTM with slightly negative net margins (~-1%), leverage is elevated (~1.8x debt-to-equity), and operating/free cash flow are negative in the most recent periods, increasing funding risk.

Income Statement

44Neutral

Balance Sheet

52Neutral

Cash Flow

28Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.53T	1.48T	1.42T	1.43T	1.46T	1.18T
Gross Profit	330.86B	313.08B	308.49B	312.24B	313.71B	216.39B
EBITDA	92.10B	92.16B	75.63B	119.78B	112.91B	77.26B
Net Income	-18.02B	-16.84B	-30.72B	17.59B	38.65B	33.55B
Balance Sheet
Total Assets	2.59T	2.28T	2.13T	1.96T	1.71T	1.26T
Cash, Cash Equivalents and Short-Term Investments	102.16B	71.43B	68.32B	68.29B	133.29B	60.41B
Total Debt	1.13T	1.03T	850.93B	817.93B	620.95B	466.23B
Total Liabilities	1.82T	1.63T	1.53T	1.38T	1.24T	874.73B
Stockholders Equity	619.82B	484.82B	431.72B	453.88B	344.66B	351.40B
Cash Flow
Free Cash Flow	-121.22B	-155.49B	190.71B	-248.73B	-196.32B	-68.77B
Operating Cash Flow	-47.72B	-98.89B	255.47B	-181.48B	-80.97B	-5.87B
Investing Cash Flow	-165.13B	-103.55B	-71.00B	-30.31B	-122.62B	-76.40B
Financing Cash Flow	252.89B	190.74B	-191.15B	148.31B	275.27B	99.15B

DAEDONG CORPORATION Technical Analysis

Technical Analysis SentimentNegative

Last Price6900.00

Price Trends

50DMA7596.60Negative

100DMA7362.90Negative

200DMA8675.02Negative

Market Momentum

MACD-168.72Negative

RSI39.61Neutral

STOCH22.97Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KR:000490, the sentiment is Negative. The current price of 6900.00 is below the 20-day moving average (MA) of 7163.50, below the 50-day MA of 7596.60, and below the 200-day MA of 8675.02, indicating a bearish trend. The MACD of -168.72 indicates Negative momentum. The RSI at 39.61 is Neutral, neither overbought nor oversold. The STOCH value of 22.97 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KR:000490.

DAEDONG CORPORATION Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

KR:000490 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KR:002900	67Neutral	KRW 204.98B	2.93	―	6.63%	18.42%	344.51%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
KR:000490	43Neutral	KRW 178.21B	-10.05	―	1.45%	5.97%	32.83%

* General Sector Average

Performance Comparison

KR:000490 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
KR:000490	DAEDONG CORPORATION	6900.00	-2731.02	-28.36%
KR:002900	TYM CORPORATION	5430.00	-302.25	-5.27%
KR:138360	N Robotics Co., Ltd.	1767.00	838.00	90.20%
KR:459510	Naurobotics Co., Ltd.	12100.00	-12050.00	-49.90%
KR:475400	CMES Robotics Inc.	13870.00	-21180.00	-60.43%
KR:484810	TXR Robotics Co., Ltd.	8760.00	-9370.00	-51.68%

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

DAEDONG CORPORATION AI Stock Analysis