Asia300

Samsung C&T Corp.

South Korea

  • 1m
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Jul 21, 2017
Prev close: 143,500
Jul 21, 2017
Market cap:
Market cap(USD):
27,220.52B
24,342.07M
Shares: 189.69M

Currency in KRW

Company profile

Market(Ticker): KRX(028260)
Sector:
Industry:
Industrial Services
Engineering & Construction
Full time employees: --

Business summary

Samsung C&T Corp is engaged in the provision of provides construction, engineering, and amusement park management services. It imports and exports electronics, chemicals, metals, and semiconductors. The Company also operates heavy construction and home building businesses. The company was founded in 1951 and is headquartered at Seoul, South Korea.

Company background

Samsung C&T was created by merging among Samsung group companies, including the construction and trading businesses of former Samsung C&T, the fashion business of Cheil Industries and theme park operator Samsung Everland. Established in 1938 by Samsung group founder Lee Byung-chull, the company began as Samsung Sanghoe.

Samsung C&T is often referred to as the group's de facto holdings company, because Samsung Electronics Vice Chairman Lee Jae-yong and other founding family members hold a large stake in the company. The company also holds a large stake in Samsung Life Insurance, a major shareholder of Samsung Electronics. Given the fact that Samsung group companies invest in each other in an intertwined manner, Samsung C&T is not meeting requirements to become a holding company, according to South Korean regulations.

Samsung C&T is an industry leader in South Korea's construction business. The company was involved in the Burj Khalifa project, the world's tallest skyscraper in Dubai, the United Arab Emirates. A group of South Korean companies, including Samsung C&T, won a nuclear power plant project from the UAE in 2010. In its apparel business, Samsung C&T is also a producer and retailer of fashion clothing. Samsung C&T often draws attention on the stock market, but largely not as an operating company, because the company is the core unit of the Samsung group amid its on-and-off restructuring efforts.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 28,102.68B
Gross profit 3,001.69B
Operating income 162,979.59M
Income before tax 162,667.11M
Net income 107,356.94M
EBITDA 662,609.27M
Diluted EPS 648.70
Dividends per share 550
Total assets 44,458.51B
Total liabilities 23,352.80B
Total equity 18,301.58B
Operating cash flow 1,355.39B

Currency in KRW

Revenue 24,222.49M
Gross profit 2,587.24M
Operating income 140.47M
Income before tax 140.20M
Net income 92.53M
EBITDA 571.12M
Diluted EPS 0.55
Dividends per share 0.47
Total assets 36,809.49M
Total liabilities 19,334.99M
Total equity 15,152.82M
Operating cash flow 1,168.25M

Currency in USD

Valuation measures

Dec 2016

PER 193.46
ROA 0.24%
ROE 0.61%
Operating margin 0.57%
Profit margin 0.38%

Key executive

  • Co-President, Co-CEO & Director: Bong-Yeong Kim
  • Co-President, CO-CEO & Director: Chi-Hun Choi
  • Co-President, Co-CEO & Director: Shin Kim
  • Executive Director & Head-Finance Team: Eung-Soo Kang
  • Head-Legal Management & Compliance Department: Seon-Myeong Kang

Share holders

  • LEE JAE-YONG /CHEIL INDUSTRIES/(17.2%)
  • Samsung C&T Corp.(13.8%)
  • KCC Corp.(8.9%)
  • National Pension Service of Korea(5.7%)
  • LEE BU-JIN(5.5%)
  • LEE SEO-HYUN(5.5%)
  • LEE KUN HEE(2.8%)
  • Samsung Electro-Mechanics Co., Ltd.(2.6%)
  • Samsung C&t Corp. Esoa(2.3%)
  • Samsung SDI Co., Ltd.(2.1%)

Address

  • Website: http://rnc.samsungcnt.com
  • Address: Samsung Main Building, 19th floor, 67 Sejong-daero, Seoul, 04519, South Korea
  • Phone: +82.2.759.0290

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