Kyung Dong Navien Co., Ltd. (009450) Price & Analysis

Founded in 1978 and headquartered in Pyeongtaek, South Korea, Kyung Dong Navien Co., Ltd. is a key manufacturer and distributor of heating and hot water appliances. The company's extensive product line, supplied primarily within South Korea and also exported globally, features various residential boilers (gas, oil, and electric) and water heaters (gas and electric). Their portfolio further includes comfort items such as hot water mats and advanced control technologies, like wired and wireless zone systems and standalone controllers. Kyung Dong Navien also provides home network and automation solutions, encompassing IoT devices, video and lobby phones, sub-phones, door cameras, interphones, and integrated security office systems. Additionally, the company specializes in energy-efficient products, offering hybrid and double-heat geothermal boilers, micro combined heat and power (CHP) units, agricultural dryers, wood fiber boilers, and heat hubs. For industrial and larger-scale requirements, they supply cascade systems, ventilators, and medium to large-capacity boilers. The company, which was initially named Kyungdong Boiler Co., Ltd., adopted its current identity as Kyung Dong Navien Co., Ltd. in September 2006.