Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Kia Corp: The Best Performing Stock Among Top 10 Market Cap Companies in KOSPI YTD

Primer: Daewon San Up (005710 KS) - Apr 2026

Douglas Research Advisory

Equity Bottom-Up

<ul>
<li>In this insight, I provide an update on Daewon Sanup (005710 KS), which is a leading auto parts maker in Korea.  </li>
<li>Daewon Sanup has very high levels of net cash (148% net cash as % of market cap), steady growth in sales, stable profit margins, and attractive valuations.</li>
<li>VIP Asset Management has been putting increasing pressures on Daewon Industrial to improve its corporate governance in recent months.</li>
</ul>


In this insight, I provide an update on Daewon Sanup (005710 KS), which is a leading auto parts maker in Korea.  
Daewon Sanup has very high levels of net cash (148% net cash as % of market cap), steady growth in sales, stable profit margins, and attractive valuations.
VIP Asset Management has been putting increasing pressures on Daewon Industrial to improve its corporate governance in recent months.


An Update on Daewon Sanup (Corporate Activism by VIP Asset Mgmt)