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Technology Services

SK Holdings Co., Ltd.

  • 196,000.00 KRW
  • -1,000.00
  • -0.51%
  • South Korea
    Aug 23, 2019
  • Ticker
    KRX(034730)
  • Prev. close
    197,000
  • Market cap (KRW)
    13,861.00B
  • Market cap (USD)
    11,449.20M
  • Shares
    70.36M

Company Background

As the holding company of SK group, South Korea's third-largest conglomerate, SK Holdings owns significant stakes in petrochemical producer SK Innovation, mobile carrier SK Telecom and contractor SK Engineering & Construction. The holding company also has its own information technology services.

Taiwan's Hon Hai Precision Industry, better known as Foxconn Technology Group, owns 3.5% of SK Holdings.

In August 2015, IT company SK C&C, the group's de facto holding company, merged with an intermediate holding company to simplify the ownership structure. Group Chairman Chey Tae-won has a 23% stake in the new entity, SK Holdings.

In addition to IT services, such as the system integration and outsourcing provided by SK C&C, the company is aggressively pursuing new services such as cloud computing, the "Internet of Things" and big data. It also sells used cars and cellphones.

Through a capital and business alliance with Foxconn, SK Holdings provides IT services to help streamline production at Foxconn plants. The group sees the relationship as its ticket into the Chinese market.

In May 2015, Foxconn and SK C&C formed a joint venture, FSK Holdings, in Hong Kong. In October, Foxconn and SK jointly acquired Hong Kong-listed Daiwa Associate Holdings, a maker of smart sensors.

Business Summary

SK Holdings Co., Ltd. engages in provision of information technology(IT) services. It operates through the holding and IT business divisions. The holding division provides management training services. IT business division offers system integration and IT outsourcing services. The company was founded on April 13, 1991 and is headquartered at Seoul, South Korea.

Financial Highlights

Dec 2018 KRWUSD
Revenue101,502.02B92,231.12M
Gross Profit9,246.11B8,401.59M
Operating income4,688.11B4,259.91M
Income before tax7,528.38B6,840.76M
Net income1,869.21B1,698.48M
EBITDA10,159.52B9,231.58M
Diluted EPS----
Dividends Per Share----
Total Assets119,456.99B107,059.49M
Total liabilities68,569.11B61,452.87M
Total equity16,627.51B14,901.87M
Operating cash flow8,035.51B7,301.57M
Currency in KRWCurrency in USD

Historical Data

 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 2,425.96B 39,569.77B 82,729.87B 90,612.83B 101,502.02B
Gross Profit 419,407.87M 3,915.20B 9,377.91B 10,328.63B 9,246.11B
Operating income 271,541.72M 1,403.26B 5,280.78B 5,745.02B 4,688.11B
Income before tax 187,266.65M 6,238.84B 4,389.65B 7,443.14B 7,528.38B
Net income 127,294.23M 5,382.25B 823,032M 1,720.25B 1,869.21B
EBITDA 328,714.37M 3,603.52B 10,493.98B 11,364.81B 10,159.52B
Diluted EPS 2,891 -- -- -- --
Dividends Per Share 2,000 3,400 3,700 4,000 --
Total Assets 5,307.03B 96,633.80B 103,047.33B 109,783.46B 119,456.99B
Total liabilities 2,704.67B 56,556.55B 60,720.61B 64,027.04B 68,569.11B
Total equity 2,585.43B 12,566.51B 13,112.35B 13,660.08B 16,627.51B
Operating cash flow 185,038.47M 4,588.85B 9,110.67B 6,930.08B 8,035.51B
 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 2,304.60M 34,961.70M 71,307.19M 80,152.15M 92,231.12M
Gross Profit 398.42M 3,459.25M 8,083.09M 9,136.26M 8,401.59M
Operating income 257.95M 1,239.84M 4,551.65M 5,081.79M 4,259.91M
Income before tax 177.89M 5,512.30M 3,783.56M 6,583.88M 6,840.76M
Net income 120.92M 4,755.46M 709.39M 1,521.66M 1,698.48M
EBITDA 312.27M 3,183.88M 9,045.06M 10,052.81M 9,231.58M
Diluted EPS 2.74 -- -- -- --
Dividends Per Share 1.89 3.00 3.18 3.53 --
Total Assets 4,828.31M 82,413.37M 85,318.20M 102,548.65M 107,059.49M
Total liabilities 2,460.69M 48,233.81M 50,273.72M 59,807.61M 61,452.87M
Total equity 2,352.21M 10,717.25M 10,856.39M 12,759.87M 14,901.87M
Operating cash flow 175.78M 4,054.46M 7,852.74M 6,130.04M 7,301.57M

Valuation Measures

Dec 2018
PER6.45
ROA1.63%
ROE12.34%
Operating margin4.61%
Profit margin1.84%

Key executives

  • Co-Chief Executive Officer & Director: Tae-Won Chey
  • President, Chief Executive Officer & Director: Dong-Hyun Jang
  • Executive Board Member & Head-Finance: Eui-Dong Jang
  • Executive Board Member & Head-Finance Division: Kyung-Mok Cho
  • Executive VP & Head-Group Business Development: Young Sang Ryu

Shareholders

  • SK Holdings Co., Ltd. (20.6%)
  • CHEY TAE-WON (18.4%)
  • National Pension Service of Korea (8.3%)
  • CHEY GI-WON (7.2%)
  • CHEY JAE-WON (2.3%)
  • Capital Research & Management Co. (World Investors) (1.9%)
  • The Vanguard Group, Inc. (1.2%)
  • BlackRock Fund Advisors (1.1%)
  • Norges Bank Investment Management (0.9%)
  • CHEY SUNG-HWAN /SK/ (0.6%)

Contact Details

  • Website:http://www.sk.co.kr
  • Address: 26 Jong-ro, Jongno-gu, Seoul, 03188, South Korea
  • Phone: +82.2.2121.5114

Related Companies

  • SKT Vietnam Pte Ltd.
  • SK Maritime Co., Ltd.
  • SK Life Science, Inc.
  • Gemini Partners Pte Ltd.
  • SK Biotek, Inc.
  • Green IS Co., Ltd.
  • Leviathan Asset Co., Ltd.
  • Highway Star Co., Ltd.
  • SK Networks Internet, Inc.
  • SK, Inc.
  • West-Seoul Highway Co., Ltd.
  • Makers Holdings Co., Ltd.
  • Yubase Manufacturing Asia Corp.
  • SK Networks Hong Kong Ltd.
  • SK China Co. Ltd.
  • SK Biopharmaceuticals Co., Ltd.
  • SK Siltron Co., Ltd.
  • SKC, Inc. (Georgia)
  • SKC, Inc.
  • SK Holdings Co., Ltd. Employee Stock Ownership Association
  • Busan City Gas Co., Ltd.
  • AMPAC Fine Chemicals LLC

Competitors

  • 3S KOREA Co., Ltd.
  • CJ Corporation
  • Daesung Industrial Co., Ltd
  • DB Inc.
  • Fuwei Films (Holdings) Co., Ltd.
  • Hubei Guochuang Hi-Tech Material Co ltd Class A
  • KINX Inc.
  • KL-Net Corp
  • KYUNGDONG INVEST CO. LTD.
  • Samchully Co., Ltd
  • Samhwa Paint Industrial Co., Ltd.
  • UFlex Limited
  • Yesco Holdings Co., Ltd.
Last Updated on 23 Aug, 2019

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