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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/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 1973 and is headquartered in Geoje, South Korea.

Financial Highlights

Dec 2018 KRWUSD
Revenue9,644.38B8,763.49M
Gross Profit748,786.45M680.39M
Operating income1,024.69B931.09M
Income before tax367,707.15M334.12M
Net income321,126.50M291.79M
EBITDA1,160.24B1,054.27M
Diluted EPS2,0941.90
Dividends Per Share00
Total Assets11,918.52B10,681.59M
Total liabilities10,411.13B9,330.64M
Total equity1,507.38B1,350.94M
Operating cash flow548,974.99M498.83M
Currency in KRWCurrency in USD

Historical Data

 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 15,455.33B 15,007.08B 12,819.22B 11,101.81B 9,644.38B
Gross Profit -91,179.58M -2,194.78B -637,520.85M 1,538.10B 748,786.45M
Operating income -756,944.43M -3,151.08B -1,533.35B 682,268.82M 1,024.69B
Income before tax -1,001.93B -4,047.18B -1,961.65B 1,189.04B 367,707.15M
Net income -785,231.90M -3,159.42B -2,734.13B 595,047.02M 321,126.50M
EBITDA -501,062.43M -2,910.37B -1,328.71B 834,674.82M 1,160.24B
Diluted EPS -41,470 -167,010 -1,260,980 4,995 2,094
Dividends Per Share 1,500 0 0 0 0
Total Assets 18,519.11B 19,055.81B 15,064.82B 11,446.75B 11,918.52B
Total liabilities 15,577.25B 18,619.33B 15,405.45B 10,740.86B 10,411.13B
Total equity 3,151.48B 746,668.67M 26,910.41M 1,108.64B 1,507.38B
Operating cash flow -560,227.44M -843,000.00M -531,006.61M -1,187.60B 548,974.99M
 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 14,682.19M 13,259.44M 11,049.24M 9,820.18M 8,763.49M
Gross Profit -86.61M -1,939.18M -549.49M 1,360.53M 680.39M
Operating income -719.07M -2,784.12M -1,321.64M 603.50M 931.09M
Income before tax -951.80M -3,575.87M -1,690.80M 1,051.77M 334.12M
Net income -745.95M -2,791.50M -2,356.63M 526.35M 291.79M
EBITDA -475.99M -2,571.44M -1,145.25M 738.31M 1,054.27M
Diluted EPS -39.39 -147.56 -1,086.87 4.41 1.90
Dividends Per Share 1.42 0 0 0 0
Total Assets 16,848.57M 16,251.60M 12,472.94M 10,692.40M 10,681.59M
Total liabilities 14,172.09M 15,879.35M 12,754.96M 10,033.03M 9,330.64M
Total equity 2,867.20M 636.79M 22.28M 1,035.58M 1,350.94M
Operating cash flow -532.20M -744.82M -457.68M -1,050.50M 498.83M

Valuation Measures

Dec 2018
PER11.38
ROA2.74%
ROE24.55%
Operating margin10.62%
Profit margin3.32%

Key executives

  • Chief Executive Officer: Sung-Keun Lee
  • Director, Vice President & Head-Finance: Geun-Mo Lee
  • Head-Compliance Support: Young-Kyoo Kim
  • Director, Vice President & Head-Management: Wook-Sung Cho
  • Vice President & Head-Shipbuilding: Seong-Geun Lee

Shareholders

  • Government of South Korea (55.7%)
  • Hana Financial Group, Inc. (8.4%)
  • Woori Financial Group, Inc. (2.3%)
  • BlackRock Asset Management North Asia Ltd. (2.0%)
  • The Vanguard Group, Inc. (1.1%)
  • KB Financial Group, Inc. (1.0%)
  • BlackRock Fund Advisors (0.9%)
  • Dimensional Fund Advisors LP (0.6%)
  • Samsung Asset Management Co., Ltd. (0.5%)
  • Norges Bank Investment Management (0.5%)

Contact Details

Related Companies

  • DSME Shandong Co. Ltd.
  • Samwoo Heavy Industry Co., Ltd.
  • DeWind Co.
  • DSME E&R Ltd.
  • Dsec Co. Ltd.
  • DS ON Co. Ltd.
  • DSME Construction 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
  • Hanjin Heavy Industries & Construction Holdings Co., Ltd.
  • Hanjin Heavy Industries & Construction Co., Ltd
  • thyssenkrupp AG
  • CSBC Corp. Taiwan
  • Hyundai Heavy Industries Holdings Co., Ltd.
  • Hyundai Mipo Dockyard Co., Ltd
  • Gaztransport & Technigaz SA
  • TechnipFMC Plc
Last Updated on 11 Oct, 2019

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