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Technology Services


Business Summary

NAVER Corp. engages in the provision of internet advertisement and searches portal business. It offers services through the internet portals such as Naver, Junior 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 toolbar. The Junior 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; and entertainment services such as animal farm and game land. The Happybean is an online donation portal that bridges internet users to participate in donation activities and organizations. The company was founded on June 2, 1999 and is headquartered in Seongnam-si, South Korea.

Financial Highlights

Dec 2021 KRWUSD
Gross Profit1,635.96B1,428.58M
Operating income1,325.47B1,157.46M
Income before tax1,581.69B1,381.20M
Net income1,493.47B1,304.16M
Diluted EPS10,299.088.99
Dividends Per Share5110.44
Total Assets33,691.00B28,341.54M
Total liabilities9,663.63B8,129.23M
Total equity23,535.63B19,798.64M
Operating cash flow1,379.90B1,204.99M
Currency in KRWCurrency in USD

Historical Data

 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 4,678.46B 5,586.90B 4,356.23B 5,304.14B 6,817.59B
Gross Profit 1,626.20B 1,532.95B 1,387.24B 1,472.36B 1,635.96B
Operating income 1,176.41B 940,609.23M 1,153.73B 1,214.92B 1,325.47B
Income before tax 1,209.85B 1,196.74B 1,372.83B 1,518.00B 1,581.69B
Net income 775,433.64M 643,826.90M 934,306.91M 1,144.88B 1,493.47B
EBITDA 1,382.66B 1,201.67B 1,408.48B 1,539.36B 1,758.92B
Diluted EPS 5,296.52 4,436.75 4,006.32 6,838.75 10,299.08
Dividends Per Share 289.20 314 376 402 511
Total Assets 8,019.25B 9,881.19B 12,299.52B 17,014.23B 33,691.00B
Total liabilities 2,714.06B 3,932.05B 5,795.60B 8,759.10B 9,663.63B
Total equity 4,762.34B 5,240.28B 5,805.22B 7,367.21B 23,535.63B
Operating cash flow 939,981.99M 973,506.36M 1,356.84B 1,447.21B 1,379.90B
 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 4,138.36M 5,076.61M 3,735.46M 4,495.46M 5,953.40M
Gross Profit 1,438.46M 1,392.93M 1,189.55M 1,247.88M 1,428.58M
Operating income 1,040.60M 854.69M 989.32M 1,029.69M 1,157.46M
Income before tax 1,070.18M 1,087.43M 1,177.19M 1,286.56M 1,381.20M
Net income 685.91M 585.02M 801.16M 970.33M 1,304.16M
EBITDA 1,223.04M 1,091.91M 1,207.77M 1,304.67M 1,535.96M
Diluted EPS 4.68 4.03 3.43 5.79 8.99
Dividends Per Share 0.25 0.28 0.32 0.34 0.44
Total Assets 7,490.77M 8,855.70M 10,635.58M 15,662.55M 28,341.54M
Total liabilities 2,535.20M 3,523.97M 5,011.54M 8,063.24M 8,129.23M
Total equity 4,448.50M 4,696.43M 5,019.86M 6,781.93M 19,798.64M
Operating cash flow 831.46M 884.58M 1,163.48M 1,226.56M 1,204.99M

Valuation Measures

Dec 2021
Operating margin19.44%
Profit margin21.90%

Key executives

  • President, Chief Executive Officer & Director: Soo-Yeon Choi
  • Chief Financial Officer: Nam-Sun Kim
  • Global Investment Officer: Hae-Jin Lee


  • NAVER Corp. (8.4%)
  • National Pension Service of Korea (8.2%)
  • LEE HAE-JIN /NHN/ (3.7%)
  • The Vanguard Group, Inc. (2.4%)
  • Harris Associates LP (1.9%)
  • BlackRock Fund Advisors (1.8%)
  • Artisan Partners LP (1.3%)
  • Norges Bank Investment Management (1.2%)
  • T. Rowe Price International Ltd. (0.9%)
  • BlackRock Advisors (UK) Ltd. (0.8%)

Contact Details

  • Website:
  • Address: 16/F, Naver Green Factory, 6 Buljeong-ro, Seongnam-si, 13561, South Korea
  • Phone: +82.1588.3830

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Last Updated on 27 Jan, 2023

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