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Technology Services

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 2019 KRWUSD
Revenue6,593.40B5,653.82M
Gross Profit1,273.52B1,092.04M
Operating income708,815.44M607.80M
Income before tax931,122.50M798.43M
Net income586,641.12M503.04M
EBITDA1,206.82B1,034.85M
Diluted EPS4,006.323.43
Dividends Per Share3760.32
Total Assets12,299.52B10,635.58M
Total liabilities5,795.60B5,011.54M
Total equity5,805.22B5,019.86M
Operating cash flow1,356.84B1,163.48M
Currency in KRWCurrency in USD

Historical Data

 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 3,253.93B 4,022.62B 4,678.46B 5,586.90B 6,593.40B
Gross Profit 1,958.41B 2,460.37B 1,626.20B 1,532.95B 1,273.52B
Operating income 830,108.19M 1,089.21B 1,176.41B 940,609.23M 708,815.44M
Income before tax 823,221.80M 1,131.77B 1,195.82B 1,111.67B 931,122.50M
Net income 595,979.00M 761,140.05M 775,433.64M 643,826.90M 586,641.12M
EBITDA 983,047.27M 1,252.14B 1,382.66B 1,201.67B 1,206.82B
Diluted EPS 3,523.80 5,103 5,296.52 4,436.75 4,006.32
Dividends Per Share 220 226.20 289.20 314 376
Total Assets 4,385.91B 6,370.63B 8,019.25B 9,881.19B 12,299.52B
Total liabilities 2,116.33B 2,241.03B 2,714.06B 3,932.05B 5,795.60B
Total equity 2,124.52B 3,594.74B 4,762.34B 5,240.28B 5,805.22B
Operating cash flow 851,367.41M 1,164.02B 939,981.99M 973,506.36M 1,356.84B
 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 2,874.99M 3,467.21M 4,138.36M 5,076.61M 5,653.82M
Gross Profit 1,730.34M 2,120.66M 1,438.46M 1,392.93M 1,092.04M
Operating income 733.43M 938.82M 1,040.60M 854.69M 607.80M
Income before tax 727.35M 975.50M 1,057.77M 1,010.13M 798.43M
Net income 526.57M 656.04M 685.91M 585.02M 503.04M
EBITDA 868.56M 1,079.26M 1,223.04M 1,091.91M 1,034.85M
Diluted EPS 3.11 4.39 4.68 4.03 3.43
Dividends Per Share 0.19 0.19 0.25 0.28 0.32
Total Assets 3,740.49M 5,274.57M 7,490.77M 8,855.70M 10,635.58M
Total liabilities 1,804.89M 1,855.46M 2,535.20M 3,523.97M 5,011.54M
Total equity 1,811.88M 2,976.27M 4,448.50M 4,696.43M 5,019.86M
Operating cash flow 752.22M 1,003.30M 831.46M 884.58M 1,163.48M

Valuation Measures

Dec 2019
PER46.55
ROA5.28%
ROE10.62%
Operating margin10.75%
Profit margin8.89%

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

  • National Pension Service of Korea (12.8%)
  • NAVER Corp. (11.8%)
  • LEE HAE-JIN /NHN/ (3.7%)
  • Harris Associates LP (2.4%)
  • The Vanguard Group, Inc. (2.3%)
  • T. Rowe Price International Ltd. (1.9%)
  • Artisan Partners LP (1.8%)
  • Massachusetts Financial Services Co. (1.7%)
  • BlackRock Fund Advisors (1.7%)
  • Samsung Asset Management Co., Ltd. (1.1%)

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

Related Companies

  • Nexthive International Pte Ltd.
  • NAVER J. Hub KK
  • Daeha Plastic Compound India Pvt Ltd.
  • Naver Webtoon Co., Ltd.
  • TBT Co. Ltd.
  • Company AI Co., Ltd.
  • Spring Camp
  • D2 Startup Factory
  • Xerox Research Centre Europe
  • Naver Labs Corp.
  • NAVER Business Platform Europe
  • NAVER Business Platform America
  • NAVER Business Platform Asia Pacific
  • Commpartners Co., Ltd.
  • Naver Corp. /App Store Bus/
  • MBARO, Inc.
  • NHN Service Technology Corp.
  • BrainPub Corp.
  • Naver Business Platform Corp.
  • Gogolook Co. Ltd.
  • Camp Mobile Corp.
  • Orange Crew Corp.
  • Game Marketing & Business Corp.
  • NHN I&S Corp.
  • N-Visions
  • Search Solutions, Inc.
  • NAVER China Corp.
  • NHN Global Ltd.
  • Wisecat Corp.
  • NHN USA, Inc.

Competitors

  • Alphabet Inc. Class A
  • Kakao Corp.
  • Snap, Inc. Class A
  • SINA Corp.
  • BEC World Public Co., Ltd.
  • COL Public Company Limited
  • Dreamus Company
  • PCCW Limited
  • Dexter Studios Co., Ltd.
  • eBay Inc.
  • Hansae Yes24 Holdings Co., Ltd.
  • NHN KCP Corp.
  • Shinhan Financial Group Co., Ltd.
  • trivago N.V. Sponsored ADR Class A
Last Updated on 8 Jul, 2020

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