Jeong Daun (208140) Fact-Based Investment Note

Jeong Daun (208140) Fact-Based Investment Note

※ Jeong Daun (KOSDAQ: 208140) is described in public disclosures/company materials as a company whose main businesses include slaughtering duck for meat and selling fresh duck meat, processed meat products, HMR (home meal replacement) products, and down/feathers. The company states that it has built a vertically integrated structure—from breeder ducks to supply of meat ducks—through subsidiaries. Its materials indicate it was founded in 2000 and listed on KOSDAQ in 2014. They also state that in 2025 the company expanded into the single-ingredient feed business by establishing JD Ecocore. 😅

 

📖 Company Introduction

Jeong Daun is introduced in company information sources as operating businesses including duck slaughtering and the sale of fresh meat, processed products, HMR, and down/feathers. The materials also state that the company has vertical integration (hatching/breeding/raising/supply) through subsidiaries (e.g., JD Farm).

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🧾 Company Overview

• Company / Ticker: Jeong Daun / 208140
• Founded / Listed: Founded in 2000; listed on KOSDAQ in 2014 (as stated in materials)
• Headquarters (as listed): 137-17 Dongsu Nonggongdanji-gil, Naju-si, Jeollanam-do (as shown on company info pages)
• Main businesses (as stated): Fresh duck meat, processed products, HMR, and down/feathers sales/exports
• Business expansion (as stated): Establishment of JD Ecocore in 2025 for the single-ingredient feed business
• Facilities (as stated): Facilities listed in Naju (Jeonnam), Hadong (Gyeongnam), Iksan (Jeonbuk), Paju (Gyeonggi), etc.

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🏗️ Business Model (What They Do)

• Duck vertical integration: Materials state a vertically integrated supply chain—from breeder ducks through meat-duck supply—via subsidiaries
• Slaughtering / fresh meat sales: Duck slaughtering as the base for fresh meat sales
• Processed products & HMR: Production/sales of processed products and HMR (listed as main businesses in materials/filings)
• Down/feathers: Down/feather sales and exports (as stated)
• Feed expansion: Business expansion via establishment of a feed-related entity in 2025 (as stated)

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🚀 Bullish (Fact-based checkpoints)

These are not forecasts—these are verifiable review items.

• Presence of vertical integration: Materials describe vertical integration through subsidiaries
• Product/category diversification: Materials describe multiple categories (fresh meat, processed, HMR, down/feathers)
• Expansion event: Materials state the 2025 establishment of a single-ingredient feed entity

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⚠️ Downside factors (Fact-based risk checkpoints)

• Raw material / supply-demand variables: Company materials describe cases where industry shipment volume/inventory changes affected selling prices and performance; sensitivity to supply-demand and pricing is a due-diligence item.
• Disclosure-based performance variability: Company materials include year-over-year changes in consolidated figures for a 2025 cumulative period; investors typically confirm trends with official quarterly/annual reported numbers.

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💵 Financial/Transaction Snapshot

• Fiscal year-end: December (as shown on company information pages)
• Valuation indicator examples: Company info pages present PER calculation notes and figures for FY2024 (as displayed).
• Share price (reference): Market data services display current price/volume that vary by time (e.g., KRW 2,530 shown on some pages).

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🔮 Checkpoints & Catalysts (Items to verify via disclosures)

• Periodic filings: Confirm business descriptions, segments, and risk language in annual/quarterly filings
• Dividend / AGM events: Confirm decisions and terms via disclosure listings (e.g., cash dividend decisions, AGM results)
• New feed business progress: Verify how the 2025 newly established entity is described and reflected in subsequent filings

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📈 Technical perspective (simple)

Given sensitivity to industry/supply-demand variables, investors often track the disclosure calendar (quarterly/annual filings) together with price/volume movements as supplementary signals.

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💡 Investment Insights (Summary)

Jeong Daun (208140) is described as operating a vertically integrated duck-meat business with fresh meat, processed products, HMR, and down/feathers, and its materials state a 2025 expansion via establishing a single-ingredient feed entity. A fact-based approach is to rely on KIND/DART filings for business descriptions, consolidated financial figures, and event disclosures (dividends/AGM, etc.).

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❓ FAQs

Q1. What does Jeong Daun (208140) do?
A. Materials/filings describe its main businesses as fresh duck meat, processed products, HMR, and down/feathers sales/exports built on duck slaughtering.

Q2. What is the basis for vertical integration?
A. Company materials state that the firm has built vertical integration—from breeder ducks through meat-duck supply—through subsidiaries.

Q3. What is the 2025 expansion fact?
A. Company materials state that it established JD Ecocore in 2025 for the single-ingredient feed business.