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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 2020 KRWUSD
Revenue5,304.14B4,495.46M
Gross Profit----
Operating income1,215.34B1,030.04M
Income before tax1,621.36B1,374.16M
Net income836,152.28M708.67M
EBITDA----
Diluted EPS----
Dividends Per Share4020.34
Total Assets17,002.04B15,651.33M
Total liabilities----
Total equity7,358.37B6,773.79M
Operating cash flow----
Currency in KRWCurrency in USD

Historical Data

 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 4,022.62B 4,678.46B 5,586.90B 6,593.40B 5,304.14B
Gross Profit 2,460.37B 1,626.20B 1,532.95B 1,273.52B --
Operating income 1,089.21B 1,176.41B 940,609.23M 708,815.44M 1,215.34B
Income before tax 1,131.77B 1,209.85B 1,196.74B 931,122.50M 1,621.36B
Net income 761,140.05M 775,433.64M 643,826.90M 586,641.12M 836,152.28M
EBITDA 1,252.14B 1,382.66B 1,201.67B 1,206.82B --
Diluted EPS 5,103 5,296.52 4,436.75 4,006.32 --
Dividends Per Share 226.20 289.20 314 376 402
Total Assets 6,370.63B 8,019.25B 9,881.19B 12,299.52B 17,002.04B
Total liabilities 2,241.03B 2,714.06B 3,932.05B 5,795.60B --
Total equity 3,594.74B 4,762.34B 5,240.28B 5,805.22B 7,358.37B
Operating cash flow 1,164.02B 939,981.99M 973,506.36M 1,356.84B --
 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 3,467.21M 4,138.36M 5,076.61M 5,653.82M 4,495.46M
Gross Profit 2,120.66M 1,438.46M 1,392.93M 1,092.04M --
Operating income 938.82M 1,040.60M 854.69M 607.80M 1,030.04M
Income before tax 975.50M 1,070.18M 1,087.43M 798.43M 1,374.16M
Net income 656.04M 685.91M 585.02M 503.04M 708.67M
EBITDA 1,079.26M 1,223.04M 1,091.91M 1,034.85M --
Diluted EPS 4.39 4.68 4.03 3.43 --
Dividends Per Share 0.19 0.25 0.28 0.32 0.34
Total Assets 5,274.57M 7,490.77M 8,855.70M 10,635.58M 15,651.33M
Total liabilities 1,855.46M 2,535.20M 3,523.97M 5,011.54M --
Total equity 2,976.27M 4,448.50M 4,696.43M 5,019.86M 6,773.79M
Operating cash flow 1,003.30M 831.46M 884.58M 1,163.48M --

Valuation Measures

Dec 2020
PER57.46
ROA5.70%
ROE12.70%
Operating margin22.91%
Profit margin15.76%

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 (11.3%)
  • NAVER Corp. (10.2%)
  • LEE HAE-JIN /NHN/ (3.7%)
  • The Vanguard Group, Inc. (2.0%)
  • BlackRock Fund Advisors (1.8%)
  • T. Rowe Price International Ltd. (1.5%)
  • Massachusetts Financial Services Co. (1.5%)
  • Morgan Stanley Asia Ltd. (Investment Management) (1.5%)
  • Artisan Partners LP (1.3%)
  • Norges Bank Investment Management (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

  • Naver France SAS
  • 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 GmbH
  • 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.
  • 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 Business Platform Corp.

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 5 Mar, 2021

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