Daesung Eltec Co. Ltd.
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Daesung Eltec Co. Ltd. - Company Capsule
Reference Code: BR0237CC
Published Date: April 2011
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Daesung Eltec Co. Ltd. - Company Capsule Page 1
Daesung Eltec Co. Ltd.
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Daesung Eltec Co. Ltd. - Company Overview
Daesung Eltec Co. Ltd. (Daesung) is a Korea-based company principally engaged in the manufacturing and distribution of
electronic products. It conducts business operations through three business areas, namely, Automotive Audio, Digital
Electronics Division and Audio/visual Equipment. The company principally provides automotive audiovisual components,
which are used in manufacturing of automobiles, household electrical appliances and information-communication
systems. Daesung offers a wide range of products, including head units, amplifiers, equalizers, CD changers; head drums
for VCRs, camcorders and DVCs, and DVDP Decks; Car TVs, Car DVD players, and Telematics. Geographically, it
operates in three countries namely, Korea, Indonesia and China. The company is headquartered in KyoungKi-Do, Korea.
Financial Performance
The company reported revenue of KRW 242,022.23 million during the fiscal year ended December 2009. The company's
revenue declined at a compounded rate of 15.76% during the period 2007-2009 with a year on year decrease of 8.14%
over fiscal year 2008. During the fiscal year 2009, its operating margin was -1.52% as against an operating margin of -
4.05% in fiscal year 2008. During the fiscal year 2009, the company registered a net margin of -4.37% as against a net
margin of -4.20% in the fiscal year 2008.
Daesung Eltec Co. Ltd. - Key Facts
Daesung Eltec Co. Ltd., Key Facts
537-4 PyongTaek-City,
KyoungKi-Do, , 153-023, Ticker Symbol, Stock
Corporate Address: 025440 (KOSDAQ)
Exchange
Republic of Korea
Telephone + 82 31 6501700 No. of Employees 698
Fax + 82 31 6501777 Financial Year End December
URL www.dseltec.co.kr/english/ Revenue (in KRW Million) 242,022.23
Technology and
Industry Communications
Revenue (in USD Million) 189.22
Locations China, Indonesia, Republic of Korea
Source: Annual Report, Company Website, Primary and Secondary Research
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Daesung Eltec Co. Ltd. - Company Capsule Page 2
Daesung Eltec Co. Ltd.
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Daesung Eltec Co. Ltd. - Major Products and Services
Daesung Eltec Co. Ltd. is a Korea-based company engaged in providing mobile digital multimedia products. Key products
offered by the company include the following:
Daesung Eltec Co. Ltd., Major Products and Services
Products:
Audio(OEM)
AMP
PND
Telematics
LCD TV Module
Source: Annual Report, Company Website, Primary and Secondary Research
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Daesung Eltec Co. Ltd. - Company Capsule Page 3
Daesung Eltec Co. Ltd.
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Daesung Eltec Co. Ltd. - Key Competitors
The following companies are the major competitors of Daesung Eltec Co. Ltd.:
EDUENCE CO.,LIMITED
Da HAAM e-TEC Co., Ltd.
LG Corp.
Samsung TechWin Co., Ltd.
Diasonic Technology Co. Ltd.
DVS Korea Co., Ltd.
Estec Corporation
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Daesung Eltec Co. Ltd. - Company Capsule Page 4
Daesung Eltec Co. Ltd.
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Daesung Eltec Co. Ltd. - Key Employees
Daesung Eltec Co. Ltd., Key Employees
Name Job Title Board Level Since Age
Byung Heon Park Co-Chief Executive Officer, Director Executive Board 82
Hae Min Lee Director Non Executive Board 68
Ikewoochi Yashiro Director Non Executive Board 53
Jae Bum Park Co-Chief Executive Officer, Director Executive Board 74
Joong Bum Choi Director Non Executive Board 57
Tae Gyu Park Director Non Executive Board 58
Young Tak Kim Director Non Executive Board 64
Source: Annual Report, Company Website, Primary and Secondary Research
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Daesung Eltec Co. Ltd. - Company Capsule Page 5
Daesung Eltec Co. Ltd.
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Daesung Eltec Co. Ltd. - Locations and Subsidiaries
Head Office
Daesung Eltec Co. Ltd.
537-4 PyongTaek-City
KyoungKi-Do
Zip: 153-023
Republic of Korea
Tel: + 82 31 6501700
Fax: + 82 31 6501777
Other Locations & Subsidiaries
Daesung Eltec Co. Ltd., Subsidiaries
Pt.Daesung Eltec Indonesia
Qingdao Daesung Electronic
Bekasi International Estate(B/L C-10) Lenahabang
No.775 308 State Road Licangqu
Jawa Barat
Qingdao
Zip: 17750
China
Indonesia
Tel: + 86 532 87684221
Tel: + 62 21 8972585
Fax: + 86 532 87690776
Fax: + 62 21 8972643
Tianjin Daesung Electronic
Zhong Xing Road E.D.A Of Jinnan
Tianjin
China
Tel: + 86 22 88516441
Fax: + 86 22 88516440
Source: Annual Report, Company Website, Primary and Secondary Research
Daesung Eltec Co. Ltd., Locations
SJ Techno-Bill, 60-19
Gumchun-Gu
Republic of Korea
Tel: + 82 2 8670061
Fax: + 82 2 8620124
Source: Annual Report, Company Website, Primary and Secondary Research
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Daesung Eltec Co. Ltd. - Company Capsule Page 6
Daesung Eltec Co. Ltd.
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Daesung Eltec Co. Ltd. - Financial Ratios
Financial Ratios - Capital Market Ratios
Daesung