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Consumer Non-Durables

CJ CheilJedang Corp.

  • 321,000.00 KRW
  • -500.00
  • -0.16%
  • South Korea
    Apr 20, 2018
  • Ticker
    KRX(097950)
  • Prev. close
    321,500
  • Market cap (KRW)
    5,008.85B
  • Market cap (USD)
    4,693.23M
  • Shares
    16.38M

Company Background

CJ Cheiljedang is the largest comprehensive food company in South Korea. As a core unit of the CJ group, one of the country's hefty conglomerates, it handles products like seasonings, flour and processed foodstuffs. Annual sales exceed 10 trillion won.

CJ Cheiljedang began expanding overseas decades ago by promoting amino acid products, involving key nutrients like lysine and threonine. More recently, though, it began selling food products in foreign markets.

CJ Cheiljedang began as a sugar company in 1953. According to information released by the company for investor relations, it now has four divisions -- Bio & Pharma, which includes amino acid and pharmaceutical operations; Food, which consists of sugar, seasonings, processed food and other products; Feed & Livestock, including farm management and fodder; and Logistics, undertaken by a subsidiary, CJ Korea Express.

CJ Cheiljedang has numerous long-selling products in its food pantry, such as Dashida seasonings and Hetbahn retort rice. Widely known in South Korea, CJ Cheiljedang always ranks high in surveys of companies university students wish to join after graduation.

The company began its overseas amino acid operations in 1988, when it concluded a deal to build a plant in Indonesia.

CJ Cheiljedang is now developing other Asian markets. Earlier this year, it began operating a flour mill, jointly set up with Japanese trading house Sumitomo Corp., in Vietnam's Ba Ria-Vung Tau Province. The plant will initially produce 100,000 tons of wheat flour and 10,000 tons of premix flour per year. CJ Cheiljedang will sell the products via Sumitomo to Vietnamese noodle- and bread-makers.

Business Summary

CJ CheilJedang Corp. engages in the development, production, and sale of processed foods. It operates through the following Business Divisions: Food, Life Science, and Logistics. The Food division provides sugar, flour, oil, and others. The Life Science division offers pharmaceuticals. The Logistics division provides delivery and loading and unloading services. The company was founded on September 4, 2007 and is headquartered in Seoul, Korea.

Financial Highlights

Dec 2017 KRWUSD
Revenue16,477.17B14,574.98M
Gross Profit3,391.56B3,000.03M
Operating income776,575.24M686.92M
Income before tax584,328.74M516.87M
Net income370,154.57M327.42M
EBITDA1,342.53B1,187.54M
Diluted EPS26,14223.12
Dividends Per Share3,0002.65
Total Assets16,868.12B15,756.50M
Total liabilities10,724.27B10,017.53M
Total equity3,374.92B3,152.51M
Operating cash flow1,021.08B903.20M
Currency in KRWCurrency in USD

Historical Data

 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 10,847.71B 11,701.79B 12,924.47B 14,563.25B 16,477.17B
Gross Profit 1,983.25B 2,315.53B 2,751.53B 3,129.94B 3,391.56B
Operating income 345,479.02M 579,930.25M 751,413.82M 843,638.18M 776,575.24M
Income before tax 126,708.23M 242,991.20M 364,809.83M 528,382.40M 584,328.74M
Net income 116,659.51M 91,956.50M 189,259.96M 275,909.51M 370,154.57M
EBITDA 726,849.99M 1,029.23B 1,235.01B 1,374.91B 1,342.53B
Diluted EPS 8,287 6,525 13,394 19,455.94 26,142
Dividends Per Share 1,800 2,000 2,500 2,500 3,000
Total Assets 13,004.49B 13,382.53B 13,751.26B 15,766.23B 16,868.12B
Total liabilities 8,191.91B 8,432.65B 8,366.03B 9,705.76B 10,724.27B
Total equity 2,883.92B 2,984.91B 3,143.10B 3,409.36B 3,374.92B
Operating cash flow 432,634.55M 536,939.01M 1,023.27B 636,867.53M 1,021.08B
 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 9,908.74M 11,116.42M 11,419.36M 12,552.47M 14,574.98M
Gross Profit 1,811.58M 2,199.70M 2,431.10M 2,697.78M 3,000.03M
Operating income 315.57M 550.91M 663.90M 727.15M 686.92M
Income before tax 115.74M 230.83M 322.32M 455.42M 516.87M
Net income 106.56M 87.35M 167.21M 237.81M 327.42M
EBITDA 663.93M 977.75M 1,091.18M 1,185.07M 1,187.54M
Diluted EPS 7.56 6.19 11.83 16.76 23.12
Dividends Per Share 1.64 1.89 2.20 2.15 2.65
Total Assets 12,322.44M 12,175.34M 11,727.65M 13,053.68M 15,756.50M
Total liabilities 7,762.26M 7,671.97M 7,134.90M 8,035.90M 10,017.53M
Total equity 2,732.66M 2,715.65M 2,680.56M 2,822.78M 3,152.51M
Operating cash flow 395.18M 510.07M 904.11M 548.93M 903.20M

Valuation Measures

Dec 2017
PER13.97
ROA2.26%
ROE10.91%
Operating margin4.71%
Profit margin2.24%

Key executives

  • Co-Chief Executive Officer & Director: Kyung-Shik Son
  • Vice Chairman & Co-Chief Executive Officer: Cheol-Ha Kim
  • Head-Materials Operations: Seong-Su Lee
  • Managing Director & Head-Finance: Jong-Hwan Shin
  • Managing Director, Head-Global R & D: Gi-Mun Gang

Shareholders

  • CJ Corp. (44.5%)
  • National Pension Service of Korea (11.3%)
  • CJ CheilJedang Corp. (2.3%)
  • BlackRock Fund Advisors (1.3%)
  • The Vanguard Group, Inc. (1.1%)
  • Dimensional Fund Advisors LP (0.8%)
  • Samsung Asset Management Co., Ltd. (0.5%)
  • Norges Bank Investment Management (0.5%)
  • LEE JAY-HYUN (0.4%)
  • Mirae Asset Global Investments Co., Ltd. (0.4%)

Contact Details

  • Website:http://www.cj.co.kr
  • Address: CJ Cheiljedang Center, 330 Dongho-ro, Seoul, 04560, South Korea
  • Phone: +82.2.6740.1114

Related Companies

  • Minh Dat CJ Food Co., Ltd.
  • CJ Raviollo Rus
  • CJ Cau Tre Foods Joint Stock Co.
  • Metabolix, Inc. /Biopolymer Business/
  • Shanghai SMG-CJ Home Shopping Co. Ltd.
  • CJ Qingdao Feed Co. Ltd.
  • CJ Zhengzhou Feed Co. Ltd.
  • CJ (Shenyang) Biotech Co. Ltd.
  • CJ (China) Ltd.
  • CJ Tian Jin Feed Co. Ltd.
  • CJ Shen Yang Feed Co. Ltd.
  • CJ Nanjing Feed Co. Ltd.
  • CJ (China) Food Co. Ltd.
  • CJ Global Holdings Ltd.
  • Ravioli LLC
  • Super Feed Co. Ltd.
  • CJ MD1 Co., Ltd.
  • YOUNGWOO FROZEN FOODS Co., Ltd.
  • CJ Cheiljedang Corp. ESOA

Competitors

  • Ajinomoto Co., Inc.
  • Samyang Corporation
  • TS Corp
  • Star Lake Bioscience Co., Inc. Class A
  • Evonik Industries AG
  • Handok, Inc.
  • Cheil Bio Co., Ltd.
  • Bluestar Adisseo Co. Class A
Last Updated on 20 Apr, 2018

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