Technology Services

NAVER Corp.

In the news

WeChat users look to Japan's Line for alternative as US ban looms Jul 31, 2020
South Korea's Naver triples quarterly profit on cloud computing Jul 31, 2020
A month on, Hong Kong banks caught between US and China sanctions Jul 30, 2020
South Korea's Naver shifts data from Hong Kong to Singapore Jul 21, 2020
Coronavirus delays Yahoo Japan's merger with Line Jun 30, 2020

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	KRW	USD
Revenue	6,593.40B	5,653.82M
Gross Profit	1,273.52B	1,092.04M
Operating income	708,815.44M	607.80M
Income before tax	931,122.50M	798.43M
Net income	586,641.12M	503.04M
EBITDA	1,206.82B	1,034.85M
Diluted EPS	4,006.32	3.43
Dividends Per Share	376	0.32
Total Assets	12,299.52B	10,635.58M
Total liabilities	5,795.60B	5,011.54M
Total equity	5,805.22B	5,019.86M
Operating cash flow	1,356.84B	1,163.48M
	Currency in KRW	Currency in USD

Historical Data

KRW | USD

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 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 2015	Dec 2016	Dec 2017	Dec 2018	Dec 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
PER	46.55
ROA	5.28%
ROE	10.62%
Operating margin	10.75%
Profit margin	8.89%

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 (12.2%)
NAVER Corp. (11.8%)
LEE HAE-JIN /NHN/ (3.7%)
The Vanguard Group, Inc. (2.3%)
BlackRock Fund Advisors (1.7%)
T. Rowe Price International Ltd. (1.6%)
Massachusetts Financial Services Co. (1.5%)
Artisan Partners LP (1.3%)
Norges Bank Investment Management (1.1%)
Morgan Stanley Asia Ltd. (Investment Management) (0.9%)

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.
BEC World Public Co., Ltd.
COL Public Company Limited
PCCW Limited
Danawa Co., Ltd
Dexter Studios Co., Ltd.
Dreamus Company
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 27 Oct, 2020

NAVER Corp.

In the news

Business Summary

Financial Highlights

Historical Data

Valuation Measures

Key executives

Shareholders

Contact Details

Related Companies

Competitors

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