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Producer Manufacturing

DAEWOO SHIPBUILDING & MARINE ENGINEERING Co., Ltd.

Business Summary

DAEWOO SHIPBUILDING & MARINE ENGINEERING Co., Ltd. engages in the provision of shipbuilding and offshore services. It operates through the following business divisions: Shipbuilding, Marine and Special Ship, Construction, and Others. The Shipbuilding business division deals with building ships such as liquefied petroleum and liquefied natural gas carriers, containers, and roll on or roll off ships. The Marine and Special Ship business division includes floating production storage and offloading, fixed platform, and drillship. The Construction business division provides architecture and civil engineering services. The Other business division refers to cargo transportation, wind power operations, and other services. The company was founded in October 11, 1973 and is headquartered in Geoje-si, South Korea.

Financial Highlights

Dec 2020 KRWUSD
Revenue7,024.93B5,953.89M
Gross Profit384,343.07M325.74M
Operating income102,143.09M86.57M
Income before tax79,872.22M67.69M
Net income62,566.44M53.02M
EBITDA231,853.09M196.50M
Diluted EPS524.390.44
Dividends Per Share00
Total Assets10,320.77B9,500.85M
Total liabilities8,784.63B8,086.74M
Total equity1,536.13B1,414.10M
Operating cash flow-298,943.49M-253.36M
Currency in KRWCurrency in USD

Historical Data

 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 12,819.22B 11,101.81B 9,644.38B 8,222.99B 7,024.93B
Gross Profit -637,520.85M 1,538.10B 748,786.45M 323,568.67M 384,343.07M
Operating income -1,533.35B 682,268.82M 1,024.69B 164,672.93M 102,143.09M
Income before tax -1,961.65B 1,189.04B 367,707.15M -47,446.68M 79,872.22M
Net income -2,734.13B 595,047.02M 321,126.50M -70,252.78M 62,566.44M
EBITDA -1,328.71B 834,674.82M 1,160.24B 328,854.93M 231,853.09M
Diluted EPS -1,260,980 4,995 2,094 -655.40 524.39
Dividends Per Share 0 0 0 0 0
Total Assets 15,064.82B 11,446.75B 11,918.52B 11,276.07B 10,320.77B
Total liabilities 15,405.45B 10,740.86B 10,411.13B 9,854.01B 8,784.63B
Total equity 26,910.41M 1,108.64B 1,507.38B 1,422.06B 1,536.13B
Operating cash flow -531,006.61M -1,187.60B 548,974.99M 2,442.23B -298,943.49M
 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 11,049.24M 9,820.18M 8,763.49M 7,051.20M 5,953.89M
Gross Profit -549.49M 1,360.53M 680.39M 277.45M 325.74M
Operating income -1,321.64M 603.50M 931.09M 141.20M 86.57M
Income before tax -1,690.80M 1,051.77M 334.12M -40.68M 67.69M
Net income -2,356.63M 526.35M 291.79M -60.24M 53.02M
EBITDA -1,145.25M 738.31M 1,054.27M 281.99M 196.50M
Diluted EPS -1,086.87 4.41 1.90 -0.56 0.44
Dividends Per Share 0 0 0 0 0
Total Assets 12,472.94M 10,692.40M 10,681.59M 9,750.59M 9,500.85M
Total liabilities 12,754.96M 10,033.03M 9,330.64M 8,520.91M 8,086.74M
Total equity 22.28M 1,035.58M 1,350.94M 1,229.68M 1,414.10M
Operating cash flow -457.68M -1,050.50M 498.83M 2,094.21M -253.36M

Valuation Measures

Dec 2020
PER46.97
ROA0.57%
ROE4.23%
Operating margin1.45%
Profit margin0.89%

Key executives

  • President, Chief Executive Officer & Director: Seong-Geun Lee
  • Director, Vice President, Head-Finance & Economy: Yong-Seok Choi
  • Managing Director & Head-Technology: Jae-Hyeok Woo
  • Head-Legal Support & Compliance Support: Young-Kyoo Kim
  • Senior Managing Director & Head-Support: Young-Ho Lee

Shareholders

  • Government of South Korea (55.6%)
  • Hana Financial Group, Inc. (8.4%)
  • National Pension Service of Korea (5.0%)
  • Woori Financial Group, Inc. (2.3%)
  • The Vanguard Group, Inc. (1.0%)
  • KB Financial Group, Inc. (1.0%)
  • BlackRock Fund Advisors (1.0%)
  • Dimensional Fund Advisors LP (0.6%)
  • Norges Bank Investment Management (0.3%)
  • Samsung Asset Management Co., Ltd. (0.3%)

Contact Details

Related Companies

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  • DK Maritime SA
  • Daewoo Shipbuilding & Marine Engineering Oman LLC
  • DSME Shandong Co., Ltd.
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  • DeWind Co.
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  • Dsec Co., Ltd.
  • DS ON Co. Ltd.
  • DeWind, Inc.
  • Daewoo Shipbuilding & Marine Engineering Co., Ltd. ESOA
  • JR Construction Co. Ltd.

Competitors

  • KOREA SHIPBUILDING & OFFSHORE ENGINEERING CO.,LTD.
  • Samsung Heavy Industries Co., Ltd
  • Hyundai Heavy Industries Co., Ltd.
  • Hanjin Heavy Industries & Construction Holdings Co., Ltd.
  • Hanjin Heavy Industries & Construction Co., Ltd
  • thyssenkrupp AG
  • Hyundai Mipo Dockyard Co., Ltd
  • Gaztransport & Technigaz SA
  • Firstec Co., Ltd
Last Updated on 22 Oct, 2021

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