Asia300

SK Telecom Co., Ltd.

South Korea

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
May 29, 2017
Prev close: 250,000
May 29, 2017
Market cap:
Market cap(USD):
20,186.42B
17,996.27M
Shares: 80.74M

Currency in KRW

Company profile

Market(Ticker): KRX(017670)
Sector:
Industry:
Communications
Wireless Telecommunications
Full time employees: --

Business summary

SK Telecom Co., Ltd. engages in the provision of wireless telecommunication and internet services. The company operates through the following business divisions: Wireless Tele Communication Services, Fixed-Line Telecommunication Services and Other business. The Wireless Tele Communication Services division offers wireless data and wireless internet services. The Fixed-Line Telecommunication Services division deals with telephone and internet services. The Other Business division consists of operations from the company's leased line services, internet portal services and E-Commerce. The company was founded on March 29, 1984 and is headquartered in Seoul, South Korea.

Company background

SK Telecom is South Korea's largest cellphone service provider. It began as a subsidiary of a state-owned communications company in 1984, providing car-phone services. In 1997, the company became a subsidiary of SK Group, South Korea's third-largest conglomerate in terms of asset size. The group engages in energy and fiber businesses.

SK, the holding company of SK Group, is SK Telecom's largest shareholder. SK Group chairman Chey Tae-won also has a stake in the company. It is listed on the Korea Stock Exchange and the New York Stock Exchange.

Improving the country's communications environment is a South Korean national project. SK Telecom has often launched the world's fastest communication services ahead of foreign rivals. Having electronics makers with a great degree of telecom-related expertise such as Samsung Electronics and LG Electronics at home is one of the company's strengths.

Given South Korea's population and economic growth rates are slowing, while the smartphone penetration rate is already high, the company needs to develop new revenue sources for further growth. The company's cellphone services in Mongolia, Vietnam and the U.S. have achieved limited success.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 17,091.81B
Gross profit 3,602.46B
Operating income 1,495.43B
Income before tax 1,551.63B
Net income 1,659.12B
EBITDA 4,437.31B
Diluted EPS 23,497
Dividends per share 10,000
Total assets 31,297.66B
Total liabilities 15,579.75B
Total equity 15,572.88B
Operating cash flow 4,226.32B

Currency in KRW

Revenue 14,731.91M
Gross profit 3,105.06M
Operating income 1,288.95M
Income before tax 1,337.40M
Net income 1,430.04M
EBITDA 3,824.64M
Diluted EPS 20.25
Dividends per share 8.61
Total assets 25,912.94M
Total liabilities 12,899.27M
Total equity 12,893.59M
Operating cash flow 3,642.79M

Currency in USD

Valuation measures

Dec 2016

PER 9.53
ROA 5.54%
ROE 10.90%
Operating margin 8.74%
Profit margin 9.70%

Key executive

  • President, Chief Executive Officer & Director: Jung-Ho Park
  • Head-Financial Management: Dae-Duk Jung
  • Head-Information Technology Service: Nam-Seok Han
  • Senior Vice President & Head-Network Technology: Jin-Hyo Park
  • Head-Field Management: Yong-Hwan Lee

Share holders

  • SK Holdings Co., Ltd.(25.2%)
  • SK Telecom Co., Ltd.(12.5%)
  • National Pension Service of Korea(9.1%)
  • Causeway Capital Management LLC(1.4%)
  • Schroder Investment Management Ltd.(0.7%)
  • BlackRock Investment Management LLC(0.7%)
  • Nordea Investment Management AB (Denmark)(0.7%)
  • BlackRock Fund Advisors(0.6%)
  • The Vanguard Group, Inc.(0.5%)
  • Samsung Asset Management Co., Ltd.(0.4%)

Address

  • Website: http://www.sktelecom.com
  • Address: 65 Eulji-ro, Jung-gu, Seoul, 04539, South Korea
  • Phone: +82.2.6100.2114

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