SK Inc.
In the news
- IPO stocks in Thailand and South Korea surge on market debuts Jul 2, 2020
- SK Biopharm to make stock market debut with $800m IPO Jul 1, 2020
- KKR-led consortium invests $650m in Vietnam's Vinhomes Jun 17, 2020
- SK Biopharm highlights drugs pipeline ahead of planned $800m IPO Jun 15, 2020
- Asian stocks little changed amid lack of cues Dec 26, 2019 See more articles on SK Inc.
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
Financial Highlights
Dec 2021 | KRW | USD |
Revenue | 98,325.01B | 85,861.42M |
Gross Profit | 10,305.33B | 8,999.04M |
Operating income | 4,935.53B | 4,309.91M |
Income before tax | 4,102.47B | 3,582.44M |
Net income | 1,830.71B | 1,598.65M |
EBITDA | 13,306.12B | 11,619.45M |
Diluted EPS | 37,331.99 | 32.59 |
Dividends Per Share | 8,000 | 6.98 |
Total Assets | 165,380.86B | 139,121.65M |
Total liabilities | 99,815.71B | 83,966.95M |
Total equity | 21,248.34B | 17,874.52M |
Operating cash flow | 6,125.17B | 5,348.74M |
Currency in KRW | Currency in USD |
Historical Data
Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | |
Revenue | 90,612.83B | 100,161.64B | 97,811.54B | 80,818.75B | 98,325.01B |
Gross Profit | 10,328.63B | 9,095.78B | 8,145.67B | 4,650.91B | 10,305.33B |
Operating income | 5,745.02B | 4,683.79B | 3,735.87B | -76,894M | 4,935.53B |
Income before tax | 7,443.14B | 3,892.66B | 2,239.04B | -767,954M | 4,102.47B |
Net income | 1,720.25B | 1,878.32B | 798,394M | 132,424M | 1,830.71B |
EBITDA | 11,364.81B | 10,143.03B | 11,332.65B | 7,895.21B | 13,306.12B |
Diluted EPS | -- | 40,309.90 | 12,910.25 | 3,540.50 | 37,331.99 |
Dividends Per Share | 4,000 | 5,000 | 5,000 | 7,000 | 8,000 |
Total Assets | 109,783.46B | 119,456.99B | 132,611.42B | 137,667.90B | 165,380.86B |
Total liabilities | 64,027.04B | 68,569.11B | 80,435.39B | 85,807.98B | 99,815.71B |
Total equity | 13,660.08B | 16,627.51B | 16,683.76B | 17,435.04B | 21,248.34B |
Operating cash flow | 6,930.08B | 7,856.50B | 8,027.73B | 9,694.61B | 6,125.17B |
Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | |
Revenue | 80,152.15M | 91,013.18M | 83,873.14M | 68,496.98M | 85,861.42M |
Gross Profit | 9,136.26M | 8,265.00M | 6,984.89M | 3,941.83M | 8,999.04M |
Operating income | 5,081.79M | 4,255.99M | 3,203.50M | -65.17M | 4,309.91M |
Income before tax | 6,583.88M | 3,537.12M | 1,919.97M | -650.87M | 3,582.44M |
Net income | 1,521.66M | 1,706.76M | 684.62M | 112.23M | 1,598.65M |
EBITDA | 10,052.81M | 9,216.59M | 9,717.72M | 6,691.49M | 11,619.45M |
Diluted EPS | -- | 36.62 | 11.07 | 3.00 | 32.59 |
Dividends Per Share | 3.53 | 4.54 | 4.28 | 5.93 | 6.98 |
Total Assets | 102,548.65M | 107,059.49M | 114,671.12M | 126,731.01M | 139,121.65M |
Total liabilities | 59,807.61M | 61,452.87M | 69,553.71M | 78,991.05M | 83,966.95M |
Total equity | 12,759.87M | 14,901.87M | 14,426.71M | 16,049.93M | 17,874.52M |
Operating cash flow | 6,130.04M | 7,138.91M | 6,883.76M | 8,216.55M | 5,348.74M |
Valuation Measures
Dec 2021 | |
PER | 6.70 |
ROA | 1.20% |
ROE | 9.46% |
Operating margin | 5.01% |
Profit margin | 1.86% |
Key executives
- Chairman & Co-Chief Executive Officer: Tae-Won Chey
- President, Co-Chief Executive Officer & Director: Dong-Hyun Jang
- Co-President & Co-Chief Executive Officer: Jung-Ho Park
- Executive Board Member & Head-Finance: Eui-Dong Jang
- Head-Strategic Planning Group: Ho Jin Park
Shareholders
- SK Inc. (24.3%)
- CHEY TAE-WON (17.4%)
- National Pension Service of Korea (7.7%)
- CHEY GI-WON (6.5%)
- Norges Bank Investment Management (1.3%)
- BlackRock Fund Advisors (1.3%)
- The Vanguard Group, Inc. (1.2%)
- CHEY JAE-WON (1.0%)
- Samsung Asset Management Co., Ltd. (0.4%)
- Dimensional Fund Advisors LP (0.3%)
Contact Details
- Website:http://www.sk-inc.com
- Address: 26 Jong-ro, Jongno-gu, Seoul, 03188, South Korea
- Phone: +82.2.2121.5114
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Competitors
- 3S KOREA Co., Ltd.
- CJ Corporation
- DAESUNG HOLDINGS Co., Ltd.
- Daesung Industrial Co., Ltd
- DB Inc.
- GlobalWafers Co., Ltd.
- INITECH Co., Ltd
- Kolon Industries, Inc.
- Korea Petro Chemical Ind. Co., Ltd.
- National Silicon Industry Group Co. Ltd. Class A
- POSCO Holdings Inc.
- SALTLUX Inc
- Samchully Co., Ltd
- Samhwa Paint Industrial Co., Ltd.
- Siltronic AG
- UFlex Limited
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