Technology Services
NAVER Corp.
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- Elite chaebol tighten grip on South Korean economy May 16, 2019
- East Asia's reigning chat apps zero in on home turf Dec 25, 2018 See more articles on NAVER Corp.
Business Summary
NAVER Corp. engages in the provision of internet advertisement and search portal business. It offers services through the internet portals such as Naver, Jr. Naver and Happybean. The Naver provides community services including blogs and cafes, other convenient services such as news, knowledge shopping, maps, books, e-mail and naver tool bar. The Jr. Naver offers educational content for children including the homework helper and preschool; children and parents such as children's song world, fairy tale travel and parents room; entertainment services such as animal farm and game land. The Happybean is a online donation portal which acts as a bridge between internet users to participate in donation activities and organizations. The company was founded on June 2, 1999 and is headquartered in Seongnam, South Korea.
Financial Highlights
| Dec 2018 | KRW | USD |
| Revenue | 5,586.90B | 5,076.61M |
| Gross Profit | 1,532.95B | 1,392.93M |
| Operating income | 940,609.23M | 854.69M |
| Income before tax | 1,111.67B | 1,010.13M |
| Net income | 643,826.90M | 585.02M |
| EBITDA | 1,201.67B | 1,091.91M |
| Diluted EPS | 4,436.75 | 4.03 |
| Dividends Per Share | 314 | 0.28 |
| Total Assets | 9,881.19B | 8,855.70M |
| Total liabilities | 3,932.05B | 3,523.97M |
| Total equity | 5,240.28B | 4,696.43M |
| Operating cash flow | 973,506.36M | 884.58M |
| Currency in KRW | Currency in USD |
Historical Data
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 2,758.47B | 3,253.93B | 4,022.62B | 4,678.46B | 5,586.90B |
| Gross Profit | 2,110.08B | 1,958.41B | 2,440.14B | 1,626.20B | 1,532.95B |
| Operating income | 758,397.20M | 830,108.19M | 1,089.21B | 1,176.41B | 940,609.23M |
| Income before tax | 658,843.59M | 823,221.80M | 1,131.77B | 1,195.82B | 1,111.67B |
| Net income | 424,356.04M | 595,979.00M | 761,140.05M | 775,433.64M | 643,826.90M |
| EBITDA | 897,262.51M | 983,047.27M | 1,252.14B | 1,382.66B | 1,201.67B |
| Diluted EPS | 3,055.40 | 3,523.80 | 5,103 | 5,296.52 | 4,436.75 |
| Dividends Per Share | 156.40 | 220 | 226.20 | 289.20 | 314 |
| Total Assets | 3,394.45B | 4,385.91B | 6,370.63B | 8,019.25B | 9,881.19B |
| Total liabilities | 1,597.03B | 2,116.33B | 2,241.03B | 2,714.06B | 3,932.05B |
| Total equity | 1,796.00B | 2,124.52B | 3,594.74B | 4,762.34B | 5,240.28B |
| Operating cash flow | 827,922.79M | 851,367.41M | 1,164.02B | 939,981.99M | 973,506.36M |
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 2,620.48M | 2,874.99M | 3,467.21M | 4,138.36M | 5,076.61M |
| Gross Profit | 2,004.52M | 1,730.34M | 2,103.22M | 1,438.46M | 1,392.93M |
| Operating income | 720.45M | 733.43M | 938.82M | 1,040.60M | 854.69M |
| Income before tax | 625.88M | 727.35M | 975.50M | 1,057.77M | 1,010.13M |
| Net income | 403.12M | 526.57M | 656.04M | 685.91M | 585.02M |
| EBITDA | 852.37M | 868.56M | 1,079.26M | 1,223.04M | 1,091.91M |
| Diluted EPS | 2.90 | 3.11 | 4.39 | 4.68 | 4.03 |
| Dividends Per Share | 0.14 | 0.19 | 0.19 | 0.25 | 0.28 |
| Total Assets | 3,088.25M | 3,740.49M | 5,274.57M | 7,490.77M | 8,855.70M |
| Total liabilities | 1,452.97M | 1,804.89M | 1,855.46M | 2,535.20M | 3,523.97M |
| Total equity | 1,633.99M | 1,811.88M | 2,976.27M | 4,448.50M | 4,696.43M |
| Operating cash flow | 786.50M | 752.22M | 1,003.30M | 831.46M | 884.58M |
Valuation Measures
| Dec 2018 | |
| PER | 27.49 |
| ROA | 7.19% |
| ROE | 12.87% |
| Operating margin | 16.83% |
| Profit margin | 11.52% |
Key executives
- Chief Executive Officer & Director: Seong-Sook Han
- Chief Operating Officer & Director: In-Hyeok Choi
- Chief Financial Officer: Sang-Jin Park
- Head-Technology: Yu-Hoon Kang
- Head-Legal Affairs & Compliance Support: Yeon-Ah Jeong
Shareholders
- NAVER Corp. (11.7%)
- National Pension Service of Korea (11.1%)
- Harris Associates LP (4.2%)
- LEE HAE-JIN /NHN/ (3.7%)
- The Vanguard Group, Inc. (2.1%)
- BlackRock Fund Advisors (2.0%)
- T. Rowe Price International Ltd. (1.9%)
- Matthews International Capital Management LLC (1.8%)
- Artisan Partners LP (1.5%)
- Massachusetts Financial Services Co. (1.5%)
Contact Details
- Website:http://www.navercorp.com
- Address: 16/F, Naver Green Factory, 6 Buljeong-ro, Seongnam, 13561, South Korea
- Phone: +82 2 1588 3830
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Competitors
- Alphabet Inc. Class A
- Kakao Corp.
- Snap, Inc. Class A
- SINA Corp.
- Dreamus Company
- Cafe24 Corp.
- Dexter Studios Co., Ltd.
- eBay Inc.
- NHN KCP Corp.
- Shinhan Financial Group Co., Ltd.
- trivago N.V. Sponsored ADR Class A
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Last Updated on 21 Oct, 2019