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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 2019 KRWUSD
Revenue8,222.99B7,051.20M
Gross Profit323,568.67M277.45M
Operating income164,672.93M141.20M
Income before tax-47,446.68M-40.68M
Net income-70,252.78M-60.24M
EBITDA328,854.93M281.99M
Diluted EPS-655.40-0.56
Dividends Per Share00
Total Assets11,276.07B9,750.59M
Total liabilities9,854.01B8,520.91M
Total equity1,422.06B1,229.68M
Operating cash flow2,442.23B2,094.21M
Currency in KRWCurrency in USD

Historical Data

 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 15,007.08B 12,819.22B 11,101.81B 9,644.38B 8,222.99B
Gross Profit -2,194.78B -637,520.85M 1,538.10B 748,786.45M 323,568.67M
Operating income -3,151.08B -1,533.35B 682,268.82M 1,024.69B 164,672.93M
Income before tax -4,047.18B -1,961.65B 1,189.04B 367,707.15M -47,446.68M
Net income -3,159.42B -2,734.13B 595,047.02M 321,126.50M -70,252.78M
EBITDA -2,910.37B -1,328.71B 834,674.82M 1,160.24B 328,854.93M
Diluted EPS -167,010 -1,260,980 4,995 2,094 -655.40
Dividends Per Share 0 0 0 0 0
Total Assets 19,055.81B 15,064.82B 11,446.75B 11,918.52B 11,276.07B
Total liabilities 18,619.33B 15,405.45B 10,740.86B 10,411.13B 9,854.01B
Total equity 746,668.67M 26,910.41M 1,108.64B 1,507.38B 1,422.06B
Operating cash flow -843,000.00M -531,006.61M -1,187.60B 548,974.99M 2,442.23B
 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 13,259.44M 11,049.24M 9,820.18M 8,763.49M 7,051.20M
Gross Profit -1,939.18M -549.49M 1,360.53M 680.39M 277.45M
Operating income -2,784.12M -1,321.64M 603.50M 931.09M 141.20M
Income before tax -3,575.87M -1,690.80M 1,051.77M 334.12M -40.68M
Net income -2,791.50M -2,356.63M 526.35M 291.79M -60.24M
EBITDA -2,571.44M -1,145.25M 738.31M 1,054.27M 281.99M
Diluted EPS -147.56 -1,086.87 4.41 1.90 -0.56
Dividends Per Share 0 0 0 0 0
Total Assets 16,251.60M 12,472.94M 10,692.40M 10,681.59M 9,750.59M
Total liabilities 15,879.35M 12,754.96M 10,033.03M 9,330.64M 8,520.91M
Total equity 636.79M 22.28M 1,035.58M 1,350.94M 1,229.68M
Operating cash flow -744.82M -457.68M -1,050.50M 498.83M 2,094.21M

Valuation Measures

Dec 2019
PER--
ROA-0.60%
ROE-4.79%
Operating margin2.00%
Profit margin-0.85%

Key executives

  • President, Chief Executive Officer & Director: Seong-Geun Lee
  • Director, Vice President, Head-Finance & Economy: Yong-Seok Choi
  • Head-Legal Support & Compliance Support: Young-Kyoo Kim
  • Senior Managing Director & Head-Support: Young-Ho Lee
  • Managing Director & Head-Marine Sales: Young-Taek Ji

Shareholders

  • Government of South Korea (55.7%)
  • Hana Financial Group, Inc. (8.4%)
  • Woori Financial Group, Inc. (2.3%)
  • The Vanguard Group, Inc. (1.2%)
  • KB Financial Group, Inc. (1.0%)
  • BlackRock Fund Advisors (0.9%)
  • Dimensional Fund Advisors LP (0.6%)
  • Norges Bank Investment Management (0.4%)
  • Hana Financial Investment Co., Ltd. (Private Equity) (0.3%)
  • Daewoo Shipbuilding & Marine Engineering Co., Ltd. ESOA (0.2%)

Contact Details

Related Companies

  • Daewoo Shipbuilding & Marine Engineering Oman LLC
  • DSME Shandong Co. Ltd.
  • Samwoo Heavy Industry Co., Ltd.
  • DeWind Co.
  • DSME E&R Ltd.
  • Dsec Co., Ltd.
  • DS ON Co. Ltd.
  • DeWind, Inc.
  • Daewoo Shipbuilding & Marine Engineering Co., Ltd. ESOA
  • JR Construction Co. Ltd.

Competitors

  • Samsung Heavy Industries Co., Ltd
  • KOREA SHIPBUILDING & OFFSHORE ENGINEERING CO.,LTD.
  • Hanjin Heavy Industries & Construction Co., Ltd
  • Hanjin Heavy Industries & Construction Holdings Co., Ltd.
  • Hyundai Mipo Dockyard Co., Ltd
  • Gaztransport & Technigaz SA
  • TechnipFMC Plc
  • Firstec Co., Ltd
Last Updated on 23 Sep, 2020

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