ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Technology Services

SAMSUNG SDS CO., LTD.

Company Background

Samsung SDS, a systems development company established in 1985 under Samsung Electronics, is mainly responsible for systems operations for group companies.

The company, which has been expanding through buying out group companies specializing in information technology, debuted on the Korean exchange in November 2014.

A number of IT leaders have been produced by the company, including the founder of South Korea's Naver, developer of the Line free message application highly popular in Japan and other Asian countries.

The company's current goal is to push up the sales to 20 trillion won by 2020. It hopes to significantly expand business with outside customers by tapping into the know-how and expertise accumulated through relations with group companies assisting with matters such as enhancing productivity through system improvements.

It also focuses on contract logistics systems operations and security technologies to be used to link a fingerprint authentication system for mobile headset.

Its main shareholders include not only group companies such as Samsung Electronics but also Lee Jae-yong, vice chairman of Samsung Electronics and the third-generation leader of the founding family. It is one of the few group companies where the founding family directly owns stock. The business, therefore, is recognized not just as another operation, but as a possible core unit for reorganizing the entire group.

Business Summary

SAMSUNG SDS CO., LTD. engages in the provision of information and communication technology services. It operates through the Information Technology (IT) Services and Logistics Business Process Outsourcing (BPO) business divisions. The IT Services business offers IT consulting and system integration services. The Logistics BPO business provides logistics planning and execution solutions. The company was founded on May 1, 1985 and is headquartered in Seoul, South Korea.

Financial Highlights

Dec 2021 KRWUSD
Revenue13,630.00B11,902.27M
Gross Profit1,684.20B1,470.71M
Operating income807,880.87M705.47M
Income before tax851,068.14M743.18M
Net income611,170.84M533.69M
EBITDA1,250.22B1,091.75M
Diluted EPS7,901.346.89
Dividends Per Share2,4002.09
Total Assets10,517.43B8,847.47M
Total liabilities3,073.73B2,585.68M
Total equity7,228.72B6,080.94M
Operating cash flow980,238.87M855.98M
Currency in KRWCurrency in USD

Historical Data

 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 9,299.20B 10,034.21B 10,719.63B 11,017.43B 13,630.00B
Gross Profit 1,474.60B 1,650.50B 1,756.83B 1,667.62B 1,684.20B
Operating income 731,457.83M 877,350.50M 989,443.22M 871,337.94M 807,880.87M
Income before tax 752,095.70M 956,530.74M 1,033.20B 883,142.34M 851,068.14M
Net income 530,347.61M 629,399.57M 736,457.95M 443,454.58M 611,170.84M
EBITDA 1,064.13B 1,185.62B 1,431.80B 1,322.62B 1,250.22B
Diluted EPS 6,856 8,137 9,521.08 5,733.07 7,901.34
Dividends Per Share 2,000 2,000 2,400 2,400 2,400
Total Assets 7,277.76B 8,013.84B 9,021.23B 9,154.91B 10,517.43B
Total liabilities 1,558.33B 1,865.29B 2,296.07B 2,295.81B 3,073.73B
Total equity 5,558.27B 5,982.45B 6,545.79B 6,669.02B 7,228.72B
Operating cash flow 834,847.19M 1,196.53B 893,786.64M 979,402.85M 980,238.87M
 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 8,225.67M 9,117.72M 9,192.05M 9,337.69M 11,902.27M
Gross Profit 1,304.36M 1,499.74M 1,506.48M 1,413.37M 1,470.71M
Operating income 647.01M 797.21M 848.44M 738.49M 705.47M
Income before tax 665.27M 869.16M 885.97M 748.49M 743.18M
Net income 469.12M 571.91M 631.51M 375.84M 533.69M
EBITDA 941.28M 1,077.32M 1,227.76M 1,120.97M 1,091.75M
Diluted EPS 6.06 7.39 8.16 4.85 6.89
Dividends Per Share 1.76 1.81 2.05 2.03 2.09
Total Assets 6,798.15M 7,182.15M 7,800.80M 8,427.61M 8,847.47M
Total liabilities 1,455.63M 1,671.71M 1,985.45M 2,113.42M 2,585.68M
Total equity 5,191.98M 5,361.58M 5,660.24M 6,139.21M 6,080.94M
Operating cash flow 738.46M 1,087.24M 766.41M 830.08M 855.98M

Valuation Measures

Dec 2021
PER19.80
ROA6.21%
ROE8.79%
Operating margin5.92%
Profit margin4.48%

Key executives

  • Chief Executive Officer & Director: Sung-Woo Hwang
  • Vice President & Head-AI Research Center: Young-Jun Kwon
  • Vice President & Head-Development: Jong-Pil Kim
  • Vice President & Head-Research Institute: Sang-Wuk Lee
  • Managing Director & Head-Compliance Team: Hyung-Seok Lee

Shareholders

  • Samsung Electronics Co., Ltd. (22.5%)
  • Samsung C&T Corp. (17.0%)
  • LEE JAE-YONG /SAMSUNG ELECTRONICS/ (9.1%)
  • National Pension Service of Korea (6.3%)
  • LEE BU-JIN (1.9%)
  • LEE SEO-HYUN (1.9%)
  • The Vanguard Group, Inc. (1.2%)
  • BlackRock Fund Advisors (1.2%)
  • Samsung Asset Management Co., Ltd. (1.0%)
  • Norges Bank Investment Management (0.6%)

Contact Details

  • Website:http://www.samsungsds.com
  • Address: Samsung SDS Tower, 125 Olympic-ro 35-gil, Seoul, 05510, South Korea
  • Phone: +82.2.6155.3114

Related Companies

  • SVIC #50 Investment Partnership
  • Open Hands Co., Ltd.
  • INTE-SDS Logistics SA de CV
  • Samsung SDS Vietnam Co., Ltd.
  • Samsung SDS Global Supply Chain Logistics Middle East DWC LLC
  • Samsung SDS Global SCL Nakliyat ve Lojistik AS
  • Samsung SDS Global SCL South Africa (Pty) Ltd.
  • Samsung SDS Global SCL Egypt LLC
  • SDS-MP Logistics JSC
  • Samsung SDS Global SCL Australia Pty Ltd.
  • Samsung SDS Global Development Center Xi'an
  • Samsung SDS Malaysia Sdn. Bhd.
  • Samsung SDS Global SCL Thailand Co., Ltd.
  • Samsung SDS Global SCL Philippines Co., Ltd., Inc.
  • Samsung IT Services (Beijing) Co., Ltd.
  • Samsung SDS Global SCL Romania SRL
  • Samsung SDS Global SCL Austria GmbH
  • Samsung SDS Global SCL Greece SA
  • Samsung SDS Global Supply Chain Logistics Spain SL
  • Samsung SDS Global SCL Italy Srl a Socio Unico
  • Samsung SDS Global SCL Baltics SIA
  • Samsung SDS Global SCL France SAS
  • Samsung GSCL Sweden AB
  • Samsung SDS Global SCL Poland Sp zoo
  • Samsung SDS Global SCL Slovakia SRO
  • Samsung SDS Global SCL Rus LLC
  • Samsung SDS Global SCL Netherlands Cooperatief UA
  • Samsung SDS Global SCL Latin America Logistica Ltda.
  • Samsung SDS GSCL Canada Ltd.
  • Samsung SDS Global SCL Peru SAC

Competitors

  • International Business Machines Corporation
  • NTT DATA Corporation
  • Accenture Plc Class A
  • Deutsche Post AG
  • Expeditors International of Washington, Inc.
  • Kuehne & Nagel International AG
  • United Parcel Service, Inc. Class B
  • CJ Corporation
  • DB Inc.
  • KL-Net Corp
  • Samhwa Paint Industrial Co., Ltd.
  • DSV A/S
  • Taekwang Industrial Co., Ltd.
Last Updated on 4 Oct, 2022

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more