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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 2021 KRWUSD
Revenue4,510.42B3,938.69M
Gross Profit-1,530.01B-1,336.07M
Operating income-1,709.43B-1,492.75M
Income before tax-1,726.13B-1,507.33M
Net income-1,724.07B-1,505.53M
EBITDA-1,585.47B-1,384.50M
Diluted EPS-16,071.63-14.03
Dividends Per Share00
Total Assets10,623.20B8,936.45M
Total liabilities10,738.45B9,033.40M
Total equity-115,248.80M-96.94M
Operating cash flow460,105.90M401.78M
Currency in KRWCurrency in USD

Historical Data

 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 11,101.81B 9,644.38B 8,222.99B 7,024.93B 4,510.42B
Gross Profit 1,538.10B 748,786.45M 323,568.67M 384,343.07M -1,530.01B
Operating income 682,268.82M 1,024.69B 164,672.93M 102,143.09M -1,709.43B
Income before tax 1,189.04B 367,707.15M -47,446.68M 79,872.22M -1,726.13B
Net income 595,047.02M 321,126.50M -70,252.78M 62,566.44M -1,724.07B
EBITDA 834,674.82M 1,160.24B 328,854.93M 231,853.09M -1,585.47B
Diluted EPS 4,995 2,094 -655.40 524.39 -16,071.63
Dividends Per Share 0 0 0 0 0
Total Assets 11,446.75B 11,918.52B 11,276.07B 10,320.77B 10,623.20B
Total liabilities 10,740.86B 10,411.13B 9,854.01B 8,784.63B 10,738.45B
Total equity 1,108.64B 1,507.38B 1,422.06B 1,536.13B -115,248.80M
Operating cash flow -1,187.60B 548,974.99M 2,442.23B -298,943.49M 460,105.90M
 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 9,820.18M 8,763.49M 7,051.20M 5,953.89M 3,938.69M
Gross Profit 1,360.53M 680.39M 277.45M 325.74M -1,336.07M
Operating income 603.50M 931.09M 141.20M 86.57M -1,492.75M
Income before tax 1,051.77M 334.12M -40.68M 67.69M -1,507.33M
Net income 526.35M 291.79M -60.24M 53.02M -1,505.53M
EBITDA 738.31M 1,054.27M 281.99M 196.50M -1,384.50M
Diluted EPS 4.41 1.90 -0.56 0.44 -14.03
Dividends Per Share 0 0 0 0 0
Total Assets 10,692.40M 10,681.59M 9,750.59M 9,500.85M 8,936.45M
Total liabilities 10,033.03M 9,330.64M 8,520.91M 8,086.74M 9,033.40M
Total equity 1,035.58M 1,350.94M 1,229.68M 1,414.10M -96.94M
Operating cash flow -1,050.50M 498.83M 2,094.21M -253.36M 401.78M

Valuation Measures

Dec 2021
PER--
ROA-16.46%
ROE-242.67%
Operating margin-37.89%
Profit margin-38.22%

Key executives

  • Chief Executive Officer & Director: Doo-Sun Park
  • Managing Director & Head-Finance: Beom-Soo Lee
  • Director & Head-Technology: Jae-Hyeok Woo
  • Managing Director & Head-Ship Sales: Won-Seok Choi
  • Managing Director & Head-Accounting: Sin-Tae Kang

Shareholders

  • Government of South Korea (55.6%)
  • Hana Financial Group, Inc. (8.4%)
  • National Pension Service of Korea (4.6%)
  • Woori Financial Group, Inc. (2.3%)
  • The Vanguard Group, Inc. (1.0%)
  • KB Financial Group, Inc. (1.0%)
  • Dimensional Fund Advisors LP (0.6%)
  • BlackRock Fund Advisors (0.3%)
  • Norges Bank Investment Management (0.3%)
  • Hana Financial Investment Co., Ltd. (Private Equity) (0.3%)

Contact Details

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Competitors

  • Hyundai Heavy Industries Co., Ltd.
  • Samsung Heavy Industries Co., Ltd
  • thyssenkrupp AG
  • HJ SHIPBUILDING & CONSTRUCTION CO. LTD
  • KOREA SHIPBUILDING & OFFSHORE ENGINEERING CO.,LTD.
  • Hyundai Mipo Dockyard Co., Ltd
  • Gaztransport & Technigaz SA
  • Firstec Co., Ltd
  • Sarcos Technology and Robotics Corporation
Last Updated on 24 Jun, 2022

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