Daedong Ind
Daedong Corporation provides agricultural machinery in South Korea. The company's products include tractors, zero turn mowers, utility vehicles, and engine parts. It also exports its products. Daedong Corporation was founded in 1947 and is based in Daegu, South Korea.
Daedong Ind (000490) - Total Assets
Latest total assets as of September 2025: ₩2.25 Trillion KRW
Based on the latest financial reports, Daedong Ind (000490) holds total assets worth ₩2.25 Trillion KRW as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Daedong Ind - Total Assets Trend (2000–2024)
This chart illustrates how Daedong Ind’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Daedong Ind - Asset Composition Analysis
Current Asset Composition (December 2024)
Daedong Ind's total assets of ₩2.25 Trillion consist of 53.2% current assets and 46.8% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 2.9% |
| Accounts Receivable | ₩283.81 Billion | 13.3% |
| Inventory | ₩728.38 Billion | 34.2% |
| Property, Plant & Equipment | ₩0.00 | 0.0% |
| Intangible Assets | ₩41.57 Billion | 2.0% |
| Goodwill | ₩4.72 Billion | 0.2% |
Asset Composition Trend (2000–2024)
This chart illustrates how Daedong Ind's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Daedong Ind's current assets represent 53.2% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 2.9% of total assets in 2024, down from 6.0% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2000.
- Asset Diversification: The largest asset category is inventory at 34.2% of total assets.
Daedong Ind Competitors by Total Assets
Key competitors of Daedong Ind based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Exor NV
PINK:EXXRF
|
USA | $40.00 Billion |
|
XCMG Construction Machinery Co Ltd
SHE:000425
|
China | CN¥179.64 Billion |
|
Guangxi Liugong Machinery Co Ltd
SHE:000528
|
China | CN¥50.65 Billion |
|
Shantui Construction Machinery Co Ltd
SHE:000680
|
China | CN¥18.79 Billion |
|
JiangSu JiangHuai Engine Co Ltd
SHE:000816
|
China | CN¥3.49 Billion |
|
Sinotruk Jinan Truck Co Ltd
SHE:000951
|
China | CN¥45.43 Billion |
|
Zhongtong Bus Holding Co Ltd
SHE:000957
|
China | CN¥9.46 Billion |
|
Anhui Tuoshan Heavy Industry Co. Ltd.
SHE:001226
|
China | CN¥1.17 Billion |
Daedong Ind - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Daedong Ind generates 0.66x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Daedong Ind is currently not profitable relative to its asset base.
Daedong Ind - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.10 | 1.03 | 0.94 |
| Quick Ratio | 0.44 | 0.50 | 0.45 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₩109.47 Billion | ₩ 43.82 Billion | ₩ -30.66 Billion |
Daedong Ind - Advanced Valuation Insights
This section examines the relationship between Daedong Ind's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.61 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 9.0% |
| Total Assets | ₩2.13 Trillion |
| Market Capitalization | $103.59 Million USD |
Valuation Analysis
Below Book Valuation: The market values Daedong Ind's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Daedong Ind's assets grew by 9.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Daedong Ind (2000–2024)
The table below shows the annual total assets of Daedong Ind from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩2.13 Trillion | +9.01% |
| 2023-12-31 | ₩1.96 Trillion | +14.16% |
| 2022-12-31 | ₩1.71 Trillion | +35.94% |
| 2021-12-31 | ₩1.26 Trillion | +34.29% |
| 2020-12-31 | ₩938.73 Billion | +14.90% |
| 2019-12-31 | ₩817.00 Billion | +5.73% |
| 2018-12-31 | ₩772.72 Billion | +5.76% |
| 2017-12-31 | ₩730.63 Billion | +9.50% |
| 2016-12-31 | ₩667.22 Billion | -3.06% |
| 2015-12-31 | ₩688.29 Billion | -2.65% |
| 2014-12-31 | ₩707.01 Billion | +22.36% |
| 2013-12-31 | ₩577.83 Billion | +4.22% |
| 2012-12-31 | ₩554.44 Billion | -2.44% |
| 2011-12-31 | ₩568.32 Billion | +50.21% |
| 2010-12-31 | ₩378.35 Billion | +0.02% |
| 2009-12-31 | ₩378.27 Billion | -3.05% |
| 2008-12-31 | ₩390.17 Billion | +12.50% |
| 2007-12-31 | ₩346.82 Billion | +0.63% |
| 2006-12-31 | ₩344.66 Billion | +7.19% |
| 2005-12-31 | ₩321.55 Billion | +9.55% |
| 2004-12-31 | ₩293.51 Billion | +5.23% |
| 2003-12-31 | ₩278.92 Billion | +8.02% |
| 2002-12-31 | ₩258.22 Billion | -6.44% |
| 2001-12-31 | ₩276.00 Billion | -0.24% |
| 2000-12-31 | ₩276.65 Billion | -- |