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Technology Services

SK Holdings Co., Ltd.

  • 296,500.00 KRW
  • +3,500.00
  • +1.19%
  • South Korea
    Apr 24, 2018
  • Ticker
    KRX(034730)
  • Prev. close
    293,000
  • Market cap (KRW)
    20,705.58B
  • Market cap (USD)
    19,228.80M
  • Shares
    70.92M

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 2017 KRWUSD
Revenue93,296.36B82,525.89M
Gross Profit10,529.46B9,313.90M
Operating income5,861.03B5,184.41M
Income before tax7,442.17B6,583.02M
Net income1,709.75B1,512.37M
EBITDA11,502.70B10,174.79M
Diluted EPS29,74826.31
Dividends Per Share4,0003.53
Total Assets109,776.92B102,542.53M
Total liabilities64,020.50B59,801.50M
Total equity13,660.08B12,759.87M
Operating cash flow6,930.08B6,130.04M
Currency in KRWCurrency in USD

Historical Data

 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 2,301.75B 2,425.96B 39,569.77B 82,729.87B 93,296.36B
Gross Profit 368,217.91M 419,407.87M 3,915.20B 9,377.91B 10,529.46B
Operating income 222,742.92M 271,541.72M 1,403.26B 5,280.78B 5,861.03B
Income before tax 251,591.01M 187,266.65M 6,238.84B 4,389.65B 7,442.17B
Net income 188,863.52M 127,294.23M 5,382.25B 823,032M 1,709.75B
EBITDA 276,418.74M 328,714.37M 3,603.52B 10,493.98B 11,502.70B
Diluted EPS 4,155 2,891 106,744.19 13,577 29,748
Dividends Per Share 1,500 2,000 3,400 3,700 4,000
Total Assets 5,002.30B 5,307.03B 96,633.80B 103,047.33B 109,776.92B
Total liabilities 2,721.79B 2,704.67B 56,556.55B 60,720.61B 64,020.50B
Total equity 2,280.07B 2,585.43B 12,566.51B 13,112.35B 13,660.08B
Operating cash flow 92,956.79M 185,038.47M 4,588.85B 9,110.67B 6,930.08B
 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 2,102.51M 2,304.60M 34,961.70M 71,307.19M 82,525.89M
Gross Profit 336.34M 398.42M 3,459.25M 8,083.09M 9,313.90M
Operating income 203.46M 257.95M 1,239.84M 4,551.65M 5,184.41M
Income before tax 229.81M 177.89M 5,512.30M 3,783.56M 6,583.02M
Net income 172.51M 120.92M 4,755.46M 709.39M 1,512.37M
EBITDA 252.49M 312.27M 3,183.88M 9,045.06M 10,174.79M
Diluted EPS 3.79 2.74 94.31 11.70 26.31
Dividends Per Share 1.37 1.89 3.00 3.18 3.53
Total Assets 4,739.95M 4,828.31M 82,413.37M 85,318.20M 102,542.53M
Total liabilities 2,579.04M 2,460.69M 48,233.81M 50,273.72M 59,801.50M
Total equity 2,160.48M 2,352.21M 10,717.25M 10,856.39M 12,759.87M
Operating cash flow 84.91M 175.78M 4,054.46M 7,852.74M 6,130.04M

Valuation Measures

Dec 2017
PER9.51
ROA1.60%
ROE12.77%
Operating margin6.28%
Profit margin1.83%

Key executives

  • Chairman & Co-Chief Executive Officer: 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

  • CHEY TAE-WON (23.4%)
  • SK Holdings Co., Ltd. (20.6%)
  • National Pension Service of Korea (8.4%)
  • CHEY GI-WON (7.4%)
  • Hon Hai Precision Industry Co., Ltd. (3.4%)
  • Kuwait Investment Office (3.4%)
  • Capital Research & Management Co. (World Investors) (1.9%)
  • The Vanguard Group, Inc. (1.1%)
  • BlackRock Fund Advisors (1.0%)
  • Norges Bank Investment Management (0.9%)

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.

Competitors

  • Asiana Airlines Inc.
  • CJ Corporation
  • Daesung Industrial Co., Ltd
  • Euronav NV
  • Fuwei Films (Holdings) Co., Ltd.
  • GS Home Shopping Inc.
  • Heung-A Shipping Co., Ltd
  • Hubei Guochuang Hi-Tech Material Co ltd Class A
  • KINX Inc.
  • KL-Net Corp
  • Samchully Co., Ltd
  • Samhwa Paint Industrial Co., Ltd.
  • UFlex Limited
Last Updated on 24 Apr, 2018

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