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Daedong Gear Co. Ltd
Buy, Hold or Sell?

Let's analyse Daedong Gear Co. Ltd together

PenkeI guess you are interested in Daedong Gear Co. Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Daedong Gear Co. Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Daedong Gear Co. Ltd (30 sec.)










What can you expect buying and holding a share of Daedong Gear Co. Ltd? (30 sec.)

How much money do you get?

How much money do you get?
₩0.10
When do you have the money?
1 year
How often do you get paid?
92.3%

What is your share worth?

Current worth
₩9,634.00
Expected worth in 1 year
₩11,243.98
How sure are you?
69.2%

+ What do you gain per year?

Total Gains per Share
₩1,729.97
Return On Investment
16.8%

For what price can you sell your share?

Current Price per Share
₩10,300.00
Expected price per share
₩9,140 - ₩12,867
How sure are you?
50%
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1. Valuation of Daedong Gear Co. Ltd (5 min.)




Live pricePrice per Share (EOD)

₩10,300.00

Intrinsic Value Per Share

₩-767.63 - ₩-801.38

Total Value Per Share

₩8,866.37 - ₩8,832.62

2. Growth of Daedong Gear Co. Ltd (5 min.)




Is Daedong Gear Co. Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$69.2m$56.8m$7.2m11.2%

How much money is Daedong Gear Co. Ltd making?

Current yearPrevious yearGrowGrow %
Making money$714.3k$608.7k$105.6k14.8%
Net Profit Margin1.0%1.4%--

How much money comes from the company's main activities?

3. Financial Health of Daedong Gear Co. Ltd (5 min.)




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What can you expect buying and holding a share of Daedong Gear Co. Ltd? (5 min.)

Welcome investor! Daedong Gear Co. Ltd's management wants to use your money to grow the business. In return you get a share of Daedong Gear Co. Ltd.

What can you expect buying and holding a share of Daedong Gear Co. Ltd?

First you should know what it really means to hold a share of Daedong Gear Co. Ltd. And how you can make/lose money.

Speculation

The Price per Share of Daedong Gear Co. Ltd is ₩10,300. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Daedong Gear Co. Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Daedong Gear Co. Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ₩9,634.00. Based on the TTM, the Book Value Change Per Share is ₩402.49 per quarter. Based on the YOY, the Book Value Change Per Share is ₩83.92 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ₩30.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Daedong Gear Co. Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps-0.080.0%0.080.0%0.070.0%0.060.0%0.050.0%
Usd Book Value Change Per Share0.080.0%0.320.0%0.070.0%0.120.0%0.300.0%
Usd Dividend Per Share0.000.0%0.020.0%0.030.0%0.030.0%0.020.0%
Usd Total Gains Per Share0.080.0%0.350.0%0.100.0%0.150.0%0.320.0%
Usd Price Per Share8.48-6.08-5.51-6.41-9.63-
Price to Earnings Ratio-26.10-1.51--18.45-49.97-901.17-
Price-to-Total Gains Ratio108.22--33.00-87.08--137.18--143.17-
Price to Book Ratio1.10-0.85-0.87-1.10-1.73-
Price-to-Total Gains Ratio108.22--33.00-87.08--137.18--143.17-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share8.24
Number of shares121
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.020.03
Usd Book Value Change Per Share0.320.12
Usd Total Gains Per Share0.350.15
Gains per Quarter (121 shares)41.8717.86
Gains per Year (121 shares)167.4671.43
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
112156157125961
22331232425118132
33546849137177203
44662365850236274
55877982562295345
67093599275354416
7811091115987413487
89312471326100472558
910514031493112531629
1011615581660125589700

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share3.01.00.075.0%10.02.00.083.3%16.04.00.080.0%20.06.00.076.9%20.06.00.076.9%
Book Value Change Per Share3.01.00.075.0%11.01.00.091.7%14.06.00.070.0%17.09.00.065.4%17.09.00.065.4%
Dividend per Share3.00.01.075.0%11.00.01.091.7%18.00.02.090.0%24.00.02.092.3%24.00.02.092.3%
Total Gains per Share3.01.00.075.0%11.01.00.091.7%15.05.00.075.0%18.08.00.069.2%18.08.00.069.2%
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Fundamentals of Daedong Gear Co. Ltd

About Daedong Gear Co. Ltd

Daedong Gear Co., Ltd. manufactures and sells power transmission parts in South Korea and internationally. The company offers cultivator, transmission and axle assemblies for tractors and rice transplanters, as well as transmission assemblies for combines and utility terrain vehicles. It also provides counter shafts and differential assemblies, differential gears, counter shafts, and gear and hub assemblies, as well as clutch, sleeve and sun gear, connector, shaft, gear speed, diff drive gear, cone-reverse brake, reverse speed gear and driven gear, parking gear, and hub for automobiles. In addition, the company offers industrial machinery, such as driving reducer, swing device, travel device, pinion shaft, and ring gear; and cam shaft gear, ideal gear assembly, and crank shaft gear. The company was formerly known as Hankuk Gear Co. Ltd. and changed its name to Daedong Gear Co., Ltd. in June 1983. Daedong Gear Co., Ltd. was founded in 1973 and is headquartered in Sacheon-si, South Korea.

Fundamental data was last updated by Penke on 2024-02-09 21:24:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just not able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is cheap.
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1.1. Profitability of Daedong Gear Co. Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Daedong Gear Co. Ltd earns for each ₩1 of revenue.

  • Above 10% is considered healthy but always compare Daedong Gear Co. Ltd to the  industry mean.
  • A Net Profit Margin of -1.6% means that ₩-0.02 for each ₩1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Daedong Gear Co. Ltd:

  • The MRQ is -1.6%. The company is making a loss. -1
  • The TTM is 1.0%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ-1.6%TTM1.0%-2.6%
TTM1.0%YOY1.4%-0.4%
TTM1.0%5Y1.2%-0.2%
5Y1.2%10Y0.9%+0.3%
1.1.2. Return on Assets

Shows how efficient Daedong Gear Co. Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Daedong Gear Co. Ltd to the  industry mean.
  • -0.4% Return on Assets means that Daedong Gear Co. Ltd generated ₩0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Daedong Gear Co. Ltd:

  • The MRQ is -0.4%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is 0.4%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ-0.4%TTM0.4%-0.7%
TTM0.4%YOY0.3%+0.0%
TTM0.4%5Y0.3%+0.1%
5Y0.3%10Y0.2%+0.1%
1.1.3. Return on Equity

Shows how efficient Daedong Gear Co. Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Daedong Gear Co. Ltd to the  industry mean.
  • -1.1% Return on Equity means Daedong Gear Co. Ltd generated ₩-0.01 for each ₩1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Daedong Gear Co. Ltd:

  • The MRQ is -1.1%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is 1.2%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ-1.1%TTM1.2%-2.2%
TTM1.2%YOY1.1%+0.1%
TTM1.2%5Y1.0%+0.2%
5Y1.0%10Y0.7%+0.2%
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1.2. Operating Efficiency of Daedong Gear Co. Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Daedong Gear Co. Ltd is operating .

  • Measures how much profit Daedong Gear Co. Ltd makes for each ₩1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Daedong Gear Co. Ltd to the  industry mean.
  • An Operating Margin of 0.0% means the company generated ₩0.00  for each ₩1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Daedong Gear Co. Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y1.7%-1.7%
5Y1.7%10Y2.0%-0.2%
1.2.2. Operating Ratio

Measures how efficient Daedong Gear Co. Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to  industry mean).
  • An Operation Ratio of 1.96 means that the operating costs are ₩1.96 for each ₩1 in net sales.

Let's take a look of the Operating Ratio trends of Daedong Gear Co. Ltd:

  • The MRQ is 1.957. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.899. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.957TTM1.899+0.059
TTM1.899YOY0.928+0.971
TTM1.8995Y1.364+0.534
5Y1.36410Y1.488-0.124
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1.3. Liquidity of Daedong Gear Co. Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Daedong Gear Co. Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to  industry mean).
  • A Current Ratio of 0.82 means the company has ₩0.82 in assets for each ₩1 in short-term debts.

Let's take a look of the Current Ratio trends of Daedong Gear Co. Ltd:

  • The MRQ is 0.816. The company is just not able to pay all its short-term debts. -1
  • The TTM is 0.806. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.816TTM0.806+0.010
TTM0.806YOY0.879-0.073
TTM0.8065Y0.774+0.032
5Y0.77410Y0.785-0.011
1.3.2. Quick Ratio

Measures if Daedong Gear Co. Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Daedong Gear Co. Ltd to the  industry mean.
  • A Quick Ratio of 0.38 means the company can pay off ₩0.38 for each ₩1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Daedong Gear Co. Ltd:

  • The MRQ is 0.379. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.414. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.379TTM0.414-0.035
TTM0.414YOY0.387+0.026
TTM0.4145Y0.369+0.044
5Y0.36910Y0.364+0.005
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1.4. Solvency of Daedong Gear Co. Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Daedong Gear Co. Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Daedong Gear Co. Ltd to industry mean.
  • A Debt to Asset Ratio of 0.66 means that Daedong Gear Co. Ltd assets are financed with 65.5% credit (debt) and the remaining percentage (100% - 65.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Daedong Gear Co. Ltd:

  • The MRQ is 0.655. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.684. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.655TTM0.684-0.029
TTM0.684YOY0.686-0.002
TTM0.6845Y0.682+0.002
5Y0.68210Y0.676+0.005
1.4.2. Debt to Equity Ratio

Measures if Daedong Gear Co. Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Daedong Gear Co. Ltd to the  industry mean.
  • A Debt to Equity ratio of 190.1% means that company has ₩1.90 debt for each ₩1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Daedong Gear Co. Ltd:

  • The MRQ is 1.901. The company is just able to pay all its debts with equity.
  • The TTM is 2.190. The company is just not able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.901TTM2.190-0.289
TTM2.190YOY2.192-0.002
TTM2.1905Y2.151+0.040
5Y2.15110Y2.101+0.050
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2. Market Valuation of Daedong Gear Co. Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₩1 in earnings Daedong Gear Co. Ltd generates.

  • Above 15 is considered overpriced but always compare Daedong Gear Co. Ltd to the  industry mean.
  • A PE ratio of -26.10 means the investor is paying ₩-26.10 for every ₩1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Daedong Gear Co. Ltd:

  • The EOD is -25.366. Based on the earnings, the company is expensive. -2
  • The MRQ is -26.105. Based on the earnings, the company is expensive. -2
  • The TTM is 1.509. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD-25.366MRQ-26.105+0.739
MRQ-26.105TTM1.509-27.613
TTM1.509YOY-18.449+19.957
TTM1.5095Y49.975-48.466
5Y49.97510Y901.174-851.199
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Daedong Gear Co. Ltd:

  • The EOD is -9.021. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -9.284. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 0.472. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD-9.021MRQ-9.284+0.263
MRQ-9.284TTM0.472-9.755
TTM0.472YOY-9.973+10.444
TTM0.4725Y16.078-15.606
5Y16.07810Y9.645+6.433
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Daedong Gear Co. Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to industry mean).
  • A PB ratio of 1.10 means the investor is paying ₩1.10 for each ₩1 in book value.

Let's take a look of the Price to Book Ratio trends of Daedong Gear Co. Ltd:

  • The EOD is 1.069. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.100. Based on the equity, the company is underpriced. +1
  • The TTM is 0.849. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.069MRQ1.100-0.031
MRQ1.100TTM0.849+0.252
TTM0.849YOY0.870-0.022
TTM0.8495Y1.098-0.249
5Y1.09810Y1.730-0.632
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Daedong Gear Co. Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--97.951402.494-76%83.921+17%152.236-36%370.539-74%
Book Value Per Share--9634.0018910.052+8%7908.268+22%7524.926+28%7318.110+32%
Current Ratio--0.8160.806+1%0.879-7%0.774+5%0.785+4%
Debt To Asset Ratio--0.6550.684-4%0.686-5%0.682-4%0.676-3%
Debt To Equity Ratio--1.9012.190-13%2.192-13%2.151-12%2.101-10%
Dividend Per Share---30.000-100%40.000-100%32.250-100%27.692-100%
Eps---101.51499.360-202%84.669-220%74.820-236%57.927-275%
Free Cash Flow Per Share---285.452271.776-205%-493.308+73%-163.985-43%-92.791-67%
Free Cash Flow To Equity Per Share---285.452151.524-288%-14.258-95%-36.112-87%-31.412-89%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---801.385--------
Intrinsic Value_10Y_min---767.627--------
Intrinsic Value_1Y_max---252.197--------
Intrinsic Value_1Y_min---247.819--------
Intrinsic Value_3Y_max---626.747--------
Intrinsic Value_3Y_min---600.989--------
Intrinsic Value_5Y_max---843.366--------
Intrinsic Value_5Y_min---794.065--------
Market Cap92571456000.000-3%95267712000.00068260214400.000+40%61901544000.000+54%72008314709.628+32%108141100906.641-12%
Net Profit Margin---0.0160.010-261%0.014-219%0.012-237%0.009-278%
Operating Margin----0%-0%0.017-100%0.020-100%
Operating Ratio--1.9571.899+3%0.928+111%1.364+43%1.488+32%
Pb Ratio1.069-3%1.1000.849+30%0.870+26%1.098+0%1.730-36%
Pe Ratio-25.366+3%-26.1051.509-1830%-18.449-29%49.975-152%901.174-103%
Price Per Share10300.000-3%10600.0007595.000+40%6887.500+54%8012.000+32%12032.308-12%
Price To Free Cash Flow Ratio-9.021+3%-9.2840.472-2069%-9.973+7%16.078-158%9.645-196%
Price To Total Gains Ratio105.155-3%108.218-33.001+130%87.081+24%-137.180+227%-143.167+232%
Quick Ratio--0.3790.414-8%0.387-2%0.369+3%0.364+4%
Return On Assets---0.0040.004-203%0.003-210%0.003-221%0.002-257%
Return On Equity---0.0110.012-190%0.011-198%0.010-209%0.007-241%
Total Gains Per Share--97.951432.494-77%123.921-21%184.486-47%398.231-75%
Usd Book Value--69268622.23264063414.008+8%56860576.768+22%54104384.941+28%52617420.730+32%
Usd Book Value Change Per Share--0.0780.322-76%0.067+17%0.122-36%0.296-74%
Usd Book Value Per Share--7.7077.128+8%6.327+22%6.020+28%5.854+32%
Usd Dividend Per Share---0.024-100%0.032-100%0.026-100%0.022-100%
Usd Eps---0.0810.079-202%0.068-220%0.060-236%0.046-275%
Usd Free Cash Flow---2052403.1281954076.644-205%-3546893.790+73%-1179058.294-43%-667167.882-67%
Usd Free Cash Flow Per Share---0.2280.217-205%-0.395+73%-0.131-43%-0.074-67%
Usd Free Cash Flow To Equity Per Share---0.2280.121-288%-0.011-95%-0.029-87%-0.025-89%
Usd Market Cap74057164.800-3%76214169.60054608171.520+40%49521235.200+54%57606651.768+32%86512880.725-12%
Usd Price Per Share8.240-3%8.4806.076+40%5.510+54%6.410+32%9.626-12%
Usd Profit---729889.752714398.520-202%608768.970-220%537954.730-236%416497.444-275%
Usd Revenue--45139566.94458953071.702-23%43129027.744+5%39797475.986+13%36260293.785+24%
Usd Total Gains Per Share--0.0780.346-77%0.099-21%0.148-47%0.319-75%
 EOD+2 -6MRQTTM+12 -22YOY+16 -185Y+14 -2110Y+13 -22

3.2. Fundamental Score

Let's check the fundamental score of Daedong Gear Co. Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-25.366
Price to Book Ratio (EOD)Between0-11.069
Net Profit Margin (MRQ)Greater than0-0.016
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.379
Current Ratio (MRQ)Greater than10.816
Debt to Asset Ratio (MRQ)Less than10.655
Debt to Equity Ratio (MRQ)Less than11.901
Return on Equity (MRQ)Greater than0.15-0.011
Return on Assets (MRQ)Greater than0.05-0.004
Total1/10 (10.0%)

3.3. Technical Score

Let's check the technical score of Daedong Gear Co. Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5044.065
Ma 20Greater thanMa 5011,075.000
Ma 50Greater thanMa 10010,659.600
Ma 100Greater thanMa 2009,562.500
OpenGreater thanClose10,290.000
Total3/5 (60.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-09-302022-12-312023-03-312023-06-302023-09-30
Other Current Assets  3,603,135-1,393,6162,209,519-115,2312,094,288260,0802,354,368-2,354,3680
Operating Income  540,9171,993,3792,534,296-86,0172,448,2791,204,0253,652,304-3,900,983-248,679



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in KRW. All numbers in thousands.

Summary
Total Assets251,191,251
Total Liabilities164,605,473
Total Stockholder Equity86,585,777
 As reported
Total Liabilities 164,605,473
Total Stockholder Equity+ 86,585,777
Total Assets = 251,191,251

Assets

Total Assets251,191,251
Total Current Assets107,042,484
Long-term Assets144,148,767
Total Current Assets
Cash And Cash Equivalents 1,685,360
Net Receivables 49,743,957
Inventory 48,246,905
Total Current Assets  (as reported)107,042,484
Total Current Assets  (calculated)99,676,222
+/- 7,366,262
Long-term Assets
Property Plant Equipment 139,452,149
Intangible Assets 1,001,601
Long-term Assets Other 0
Long-term Assets  (as reported)144,148,767
Long-term Assets  (calculated)140,453,750
+/- 3,695,017

Liabilities & Shareholders' Equity

Total Current Liabilities131,259,087
Long-term Liabilities33,346,386
Total Stockholder Equity86,585,777
Total Current Liabilities
Short Long Term Debt 70,352,714
Accounts payable 49,703,627
Other Current Liabilities 1
Total Current Liabilities  (as reported)131,259,087
Total Current Liabilities  (calculated)120,056,342
+/- 11,202,745
Long-term Liabilities
Long term Debt 11,004,880
Long-term Liabilities Other 0
Long-term Liabilities  (as reported)33,346,386
Long-term Liabilities  (calculated)11,004,880
+/- 22,341,506
Total Stockholder Equity
Retained Earnings 49,278,653
Total Stockholder Equity (as reported)86,585,777
Total Stockholder Equity (calculated)49,278,653
+/- 37,307,124
Other
Capital Stock4,493,760
Common Stock Shares Outstanding 8,988
Net Debt 79,672,234
Net Invested Capital 167,943,371
Net Working Capital -24,216,603
Property Plant and Equipment Gross 205,327,037



Balance Sheet

Currency in KRW. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-30
> Total Assets 
163,552,822
162,446,270
183,471,565
181,219,569
181,170,430
177,309,758
172,786,967
190,748,839
191,238,706
177,528,392
182,832,449
191,709,732
200,128,062
191,200,058
193,003,850
222,922,397
214,277,220
206,244,966
215,060,388
238,759,149
226,388,515
227,299,245
245,872,214
265,585,379
252,758,199
251,191,251
251,191,251252,758,199265,585,379245,872,214227,299,245226,388,515238,759,149215,060,388206,244,966214,277,220222,922,397193,003,850191,200,058200,128,062191,709,732182,832,449177,528,392191,238,706190,748,839172,786,967177,309,758181,170,430181,219,569183,471,565162,446,270163,552,822
   > Total Current Assets 
54,395,008
53,203,365
72,005,819
69,550,080
68,662,430
63,833,734
58,093,700
74,554,958
73,852,098
58,528,920
62,940,933
68,205,883
68,930,643
60,869,001
63,337,783
92,846,449
83,408,618
75,761,944
84,820,415
107,160,503
96,057,017
97,116,101
114,960,772
135,363,473
110,031,461
107,042,484
107,042,484110,031,461135,363,473114,960,77297,116,10196,057,017107,160,50384,820,41575,761,94483,408,61892,846,44963,337,78360,869,00168,930,64368,205,88362,940,93358,528,92073,852,09874,554,95858,093,70063,833,73468,662,43069,550,08072,005,81953,203,36554,395,008
       Cash And Cash Equivalents 
5,370,842
5,894,961
8,895,884
5,967,066
708,930
3,413,286
1,919,070
6,252,293
945,720
1,813,813
146,375
293,980
1,183,196
400,982
915,682
2,578,500
1,488,738
1,755,510
2,878
4,514
0
0
2,139
3,368
5,535
1,685,360
1,685,3605,5353,3682,139004,5142,8781,755,5101,488,7382,578,500915,682400,9821,183,196293,980146,3751,813,813945,7206,252,2931,919,0703,413,286708,9305,967,0668,895,8845,894,9615,370,842
       Short-term Investments 
0
0
0
0
0
0
1,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000001,000000000
       Net Receivables 
20,323,036
17,666,722
32,536,286
31,742,371
36,008,598
24,953,218
22,736,088
35,855,559
41,028,142
20,775,050
29,919,184
32,622,372
35,059,920
27,388,598
26,848,840
52,176,995
40,822,799
31,124,665
34,757,559
52,804,956
37,654,679
37,763,787
56,386,060
75,031,076
55,141,362
49,743,957
49,743,95755,141,36275,031,07656,386,06037,763,78737,654,67952,804,95634,757,55931,124,66540,822,79952,176,99526,848,84027,388,59835,059,92032,622,37229,919,18420,775,05041,028,14235,855,55922,736,08824,953,21836,008,59831,742,37132,536,28617,666,72220,323,036
       Inventory 
25,553,013
26,171,237
27,185,151
28,267,401
28,519,083
31,186,609
28,858,861
28,116,614
27,499,082
28,726,730
28,040,832
30,433,741
29,551,994
29,615,543
31,893,437
33,672,133
37,537,962
39,739,304
39,262,408
44,139,357
45,870,486
48,429,097
48,340,958
48,062,833
44,781,264
48,246,905
48,246,90544,781,26448,062,83348,340,95848,429,09745,870,48644,139,35739,262,40839,739,30437,537,96233,672,13331,893,43729,615,54329,551,99430,433,74128,040,83228,726,73027,499,08228,116,61428,858,86131,186,60928,519,08328,267,40127,185,15126,171,23725,553,013
       Other Current Assets 
2,795,583
2,875,178
2,865,308
2,846,042
2,643,235
3,304,307
3,603,797
3,438,630
3,294,457
3,156,332
3,515,834
3,077,715
2,253,633
2,118,824
1,992,624
2,390,865
1,822,546
1,767,620
1,443,695
1,216,820
2,098,914
3,603,135
2,209,519
2,094,288
2,354,368
0
02,354,3682,094,2882,209,5193,603,1352,098,9141,216,8201,443,6951,767,6201,822,5462,390,8651,992,6242,118,8242,253,6333,077,7153,515,8343,156,3323,294,4573,438,6303,603,7973,304,3072,643,2352,846,0422,865,3082,875,1782,795,583
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
130,911,442
130,221,905
142,726,738
144,148,767
144,148,767142,726,738130,221,905130,911,4420000000000000000000000
       Property Plant Equipment 
107,596,447
107,721,402
109,630,607
110,005,811
110,953,009
111,926,374
113,433,439
114,858,386
115,961,938
117,424,943
118,505,967
121,938,012
129,254,976
128,472,037
127,703,083
127,592,475
128,283,460
128,059,050
126,547,324
127,316,053
126,392,005
126,517,667
126,485,030
126,012,255
138,565,316
139,452,149
139,452,149138,565,316126,012,255126,485,030126,517,667126,392,005127,316,053126,547,324128,059,050128,283,460127,592,475127,703,083128,472,037129,254,976121,938,012118,505,967117,424,943115,961,938114,858,386113,433,439111,926,374110,953,009110,005,811109,630,607107,721,402107,596,447
       Long Term Investments 
1,436,256
1,396,394
1,710,028
1,368,568
1,384,991
1,379,649
1,089,827
1,165,495
1,254,670
1,404,528
1,215,549
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000001,215,5491,404,5281,254,6701,165,4951,089,8271,379,6491,384,9911,368,5681,710,0281,396,3941,436,256
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,232,740
1,199,720
1,166,700
1,133,680
1,100,661
1,067,641
1,034,621
1,001,601
1,001,6011,034,6211,067,6411,100,6611,133,6801,166,7001,199,7201,232,740000000000000000000
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000000000
> Total Liabilities 
104,283,684
103,538,211
123,142,393
121,374,007
121,287,092
118,088,476
113,841,322
131,870,548
131,628,133
118,464,989
125,461,630
134,677,073
136,494,167
127,399,250
128,187,816
155,881,879
145,579,341
137,145,819
145,858,269
167,872,101
154,290,896
155,183,147
171,570,936
191,860,807
167,052,756
164,605,473
164,605,473167,052,756191,860,807171,570,936155,183,147154,290,896167,872,101145,858,269137,145,819145,579,341155,881,879128,187,816127,399,250136,494,167134,677,073125,461,630118,464,989131,628,133131,870,548113,841,322118,088,476121,287,092121,374,007123,142,393103,538,211104,283,684
   > Total Current Liabilities 
64,990,434
60,289,895
80,743,038
79,619,941
92,187,674
90,250,320
85,002,170
94,883,346
94,800,240
81,860,448
94,927,506
105,365,282
100,209,036
90,399,339
90,468,479
118,128,702
108,907,777
89,375,088
93,449,166
115,256,593
108,524,895
122,406,411
145,742,164
166,359,877
136,596,158
131,259,087
131,259,087136,596,158166,359,877145,742,164122,406,411108,524,895115,256,59393,449,16689,375,088108,907,777118,128,70290,468,47990,399,339100,209,036105,365,28294,927,50681,860,44894,800,24094,883,34685,002,17090,250,32092,187,67479,619,94180,743,03860,289,89564,990,434
       Short-term Debt 
54,644,118
15,988,718
16,133,215
16,835,813
27,084,999
27,603,409
22,592,999
14,087,417
10,498,766
35,926,382
37,144,711
38,323,637
36,600,000
48,444,812
42,571,000
45,970,907
47,104,489
41,062,322
37,386,116
38,429,569
39,811,182
48,354,203
47,062,762
48,300,000
47,700,000
0
047,700,00048,300,00047,062,76248,354,20339,811,18238,429,56937,386,11641,062,32247,104,48945,970,90742,571,00048,444,81236,600,00038,323,63737,144,71135,926,38210,498,76614,087,41722,592,99927,603,40927,084,99916,835,81316,133,21515,988,71854,644,118
       Short Long Term Debt 
54,644,118
15,988,718
16,133,215
16,835,813
27,084,999
27,603,409
22,592,999
14,087,417
10,498,766
6,287,713
16,523,885
0
0
0
0
0
0
0
0
0
0
0
77,510,174
78,663,268
71,863,715
70,352,714
70,352,71471,863,71578,663,26877,510,1740000000000016,523,8856,287,71310,498,76614,087,41722,592,99927,603,40927,084,99916,835,81316,133,21515,988,71854,644,118
       Accounts payable 
28,949,552
26,859,789
33,226,336
38,538,195
38,988,809
38,565,244
29,156,749
40,584,677
45,194,792
32,389,160
32,026,745
41,742,462
39,881,560
30,094,084
34,557,162
57,968,532
48,044,307
33,781,416
0
0
0
0
57,643,963
77,426,629
54,613,978
49,703,627
49,703,62754,613,97877,426,62957,643,963000033,781,41648,044,30757,968,53234,557,16230,094,08439,881,56041,742,46232,026,74532,389,16045,194,79240,584,67729,156,74938,565,24438,988,80938,538,19533,226,33626,859,78928,949,552
       Other Current Liabilities 
3,038,053
2,858,522
3,409,203
4,322,168
5,432,238
5,321,867
5,179,214
6,532,052
5,462,060
5,391,750
6,110,748
6,804,020
6,222,336
4,405,531
4,904,548
6,240,169
5,898,951
6,150,780
0
0
0
0
0
0
0
1
100000006,150,7805,898,9516,240,1694,904,5484,405,5316,222,3366,804,0206,110,7485,391,7505,462,0606,532,0525,179,2145,321,8675,432,2384,322,1683,409,2032,858,5223,038,053
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
25,828,771
25,500,930
30,456,598
33,346,386
33,346,38630,456,59825,500,93025,828,7710000000000000000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
19,052,154
12,098,272
10,815,360
16,301,240
16,724,970
16,983,858
17,305,899
16,026,858
27,067,525
31,574,058
31,939,257
25,083,887
12,185,374
5,769,835
4,381,517
7,076,533
0
07,076,5334,381,5175,769,83512,185,37425,083,88731,939,25731,574,05827,067,52516,026,85817,305,89916,983,85816,724,97016,301,24010,815,36012,098,27219,052,154000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-1
0
-1
0
0-10-10000000000000000000000
> Total Stockholder Equity
59,269,138
58,908,060
60,329,171
59,845,562
59,883,338
59,221,281
58,945,645
58,878,291
59,610,573
59,063,402
57,370,819
57,032,659
63,633,895
63,800,808
64,816,033
67,040,519
68,697,879
69,099,146
69,202,118
70,887,048
72,097,620
72,116,098
74,301,278
73,724,572
85,705,443
86,585,777
86,585,77785,705,44373,724,57274,301,27872,116,09872,097,62070,887,04869,202,11869,099,14668,697,87967,040,51964,816,03363,800,80863,633,89557,032,65957,370,81959,063,40259,610,57358,878,29158,945,64559,221,28159,883,33859,845,56260,329,17158,908,06059,269,138
   Common Stock
4,493,760
4,493,760
4,493,760
4,493,760
4,493,760
4,493,760
4,493,760
4,493,760
4,493,760
4,493,760
4,493,760
4,493,760
4,493,760
4,493,760
4,493,760
4,493,760
4,493,760
4,493,760
4,493,760
4,493,760
4,493,760
4,493,760
4,493,760
4,493,760
4,493,760
0
04,493,7604,493,7604,493,7604,493,7604,493,7604,493,7604,493,7604,493,7604,493,7604,493,7604,493,7604,493,7604,493,7604,493,7604,493,7604,493,7604,493,7604,493,7604,493,7604,493,7604,493,7604,493,7604,493,7604,493,7604,493,760
   Retained Earnings 
38,467,324
38,137,732
39,315,607
39,093,226
39,124,792
38,489,656
38,451,601
38,318,727
39,018,075
38,357,485
36,822,144
36,673,113
37,724,822
37,842,062
38,823,644
40,670,219
42,146,064
42,705,281
42,831,654
44,060,283
45,551,655
45,801,793
47,324,012
46,934,772
49,186,957
49,278,653
49,278,65349,186,95746,934,77247,324,01245,801,79345,551,65544,060,28342,831,65442,705,28142,146,06440,670,21938,823,64437,842,06237,724,82236,673,11336,822,14438,357,48539,018,07538,318,72738,451,60138,489,65639,124,79239,093,22639,315,60738,137,73238,467,324
   Capital Surplus 
0
0
0
0
0
0
0
0
0
3,584,041
3,584,041
3,584,041
3,584,041
3,584,041
3,584,041
3,584,041
3,584,041
3,584,041
3,584,041
3,584,041
3,584,041
3,584,041
3,584,041
3,584,041
3,584,041
0
03,584,0413,584,0413,584,0413,584,0413,584,0413,584,0413,584,0413,584,0413,584,0413,584,0413,584,0413,584,0413,584,0413,584,0413,584,0413,584,041000000000
   Treasury Stock00000000000000000000000000
   Other Stockholders Equity 
12,724,013
12,692,527
12,935,763
12,674,535
12,680,745
12,653,824
12,416,243
12,481,763
12,514,697
0
12,470,875
12,281,745
17,831,272
17,880,945
17,914,588
18,292,498
18,474,014
18,316,064
1
0
0
0
0
0
0
0
0000000118,316,06418,474,01418,292,49817,914,58817,880,94517,831,27212,281,74512,470,875012,514,69712,481,76312,416,24312,653,82412,680,74512,674,53512,935,76312,692,52712,724,013



Balance Sheet

Currency in KRW. All numbers in thousands.




Cash Flow

Currency in KRW. All numbers in thousands.




Income Statement

Currency in KRW. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue242,097,572
Cost of Revenue-224,330,457
Gross Profit17,767,11417,767,114
 
Operating Income (+$)
Gross Profit17,767,114
Operating Expense-234,508,030
Operating Income7,589,541-216,740,916
 
Operating Expense (+$)
Research Development168,923
Selling General Administrative9,767,183
Selling And Marketing Expenses0
Operating Expense234,508,0309,936,106
 
Net Interest Income (+$)
Interest Income2,595,664
Interest Expense-2,961,675
Other Finance Cost-2,584,830
Net Interest Income-2,950,840
 
Pretax Income (+$)
Operating Income7,589,541
Net Interest Income-2,950,840
Other Non-Operating Income Expenses0
Income Before Tax (EBT)4,586,7507,589,541
EBIT - interestExpense = -2,961,675
4,225,448
7,187,123
Interest Expense2,961,675
Earnings Before Interest and Taxes (EBIT)07,548,425
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax4,586,750
Tax Provision-361,302
Net Income From Continuing Ops4,225,4484,225,448
Net Income4,225,448
Net Income Applicable To Common Shares4,225,448
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net02,950,840
 

Technical Analysis of Daedong Gear Co. Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Daedong Gear Co. Ltd. The general trend of Daedong Gear Co. Ltd is BULLISH with 42.9% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Daedong Gear Co. Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (42.9%) Bearish trend (-42.9%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Daedong Gear Co. Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 12,040 < 12,530 < 12,867.

The bearish price targets are: 9,910 > 9,550 > 9,140.

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Daedong Gear Co. Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Daedong Gear Co. Ltd. The current mas is .

The long score for the Moving Averages is 10/14.
The longshort score for the Moving Averages is 6/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Daedong Gear Co. Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Daedong Gear Co. Ltd. The current macd is -131.95275943.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Daedong Gear Co. Ltd price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Daedong Gear Co. Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Daedong Gear Co. Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Daedong Gear Co. Ltd Daily Moving Average Convergence/Divergence (MACD) ChartDaedong Gear Co. Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Daedong Gear Co. Ltd. The current adx is 26.15.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Daedong Gear Co. Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Daedong Gear Co. Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Daedong Gear Co. Ltd. The current sar is 13,525.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Daedong Gear Co. Ltd Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Daedong Gear Co. Ltd. The current rsi is 44.07. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending down: The RSI is trending down. -1
Daedong Gear Co. Ltd Daily Relative Strength Index (RSI) ChartDaedong Gear Co. Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Daedong Gear Co. Ltd. The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 2/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Daedong Gear Co. Ltd price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Daedong Gear Co. Ltd Daily Stochastic Oscillator ChartDaedong Gear Co. Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Daedong Gear Co. Ltd. The current cci is -112.07349081.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Daedong Gear Co. Ltd Daily Commodity Channel Index (CCI) ChartDaedong Gear Co. Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Daedong Gear Co. Ltd. The current cmo is -22.74360153.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Daedong Gear Co. Ltd Daily Chande Momentum Oscillator (CMO) ChartDaedong Gear Co. Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Daedong Gear Co. Ltd. The current willr is -92.91666667.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Daedong Gear Co. Ltd Daily Williams %R ChartDaedong Gear Co. Ltd Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Daedong Gear Co. Ltd.

Daedong Gear Co. Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Daedong Gear Co. Ltd. The current atr is 766.33.

Daedong Gear Co. Ltd Daily Average True Range (ATR) ChartDaedong Gear Co. Ltd Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Daedong Gear Co. Ltd. The current obv is 190,747,176.

Daedong Gear Co. Ltd Daily On-Balance Volume (OBV) ChartDaedong Gear Co. Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Daedong Gear Co. Ltd. The current mfi is 59.28.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Daedong Gear Co. Ltd Daily Money Flow Index (MFI) ChartDaedong Gear Co. Ltd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Daedong Gear Co. Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-10-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-10-06MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-10-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-10-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-17CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-10-18STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-10-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-23STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-26STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-10-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-31STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-06CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-08WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-09CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-22CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-22ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-27ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-03RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-17STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-18MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-24CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-19CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Daedong Gear Co. Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Daedong Gear Co. Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5044.065
Ma 20Greater thanMa 5011,075.000
Ma 50Greater thanMa 10010,659.600
Ma 100Greater thanMa 2009,562.500
OpenGreater thanClose10,290.000
Total3/5 (60.0%)
Penke

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