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

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

SK Inc. 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 2020 KRWUSD
Gross Profit4,613.26B3,909.91M
Operating income-164,471M-139.39M
Income before tax-827,504M-701.34M
Net income116,221M98.50M
Diluted EPS3,544.353.00
Dividends Per Share7,0005.93
Total Assets137,638.37B126,703.82M
Total liabilities85,778.45B78,963.87M
Total equity17,435.04B16,049.93M
Operating cash flow9,694.61B8,216.55M
Currency in KRWCurrency in USD

Historical Data

 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 82,729.87B 90,612.83B 100,161.64B 97,811.54B 81,820.13B
Gross Profit 9,377.91B 10,328.63B 9,095.78B 8,145.67B 4,613.26B
Operating income 5,280.78B 5,745.02B 4,683.79B 3,735.87B -164,471M
Income before tax 4,389.65B 7,443.14B 3,892.66B 2,239.04B -827,504M
Net income 823,032M 1,720.25B 1,878.32B 798,394M 116,221M
EBITDA 10,493.98B 11,364.81B 10,143.03B 11,332.65B 7,811.55B
Diluted EPS 13,577 -- 40,309.90 12,910.25 3,544.35
Dividends Per Share 3,700 4,000 5,000 5,000 7,000
Total Assets 103,047.33B 109,783.46B 119,456.99B 132,611.42B 137,638.37B
Total liabilities 60,720.61B 64,027.04B 68,569.11B 80,435.39B 85,778.45B
Total equity 13,112.35B 13,660.08B 16,627.51B 16,683.76B 17,435.04B
Operating cash flow 9,110.67B 6,930.08B 7,856.50B 8,027.73B 9,694.61B
 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 71,307.19M 80,152.15M 91,013.18M 83,873.14M 69,345.69M
Gross Profit 8,083.09M 9,136.26M 8,265.00M 6,984.89M 3,909.91M
Operating income 4,551.65M 5,081.79M 4,255.99M 3,203.50M -139.39M
Income before tax 3,783.56M 6,583.88M 3,537.12M 1,919.97M -701.34M
Net income 709.39M 1,521.66M 1,706.76M 684.62M 98.50M
EBITDA 9,045.06M 10,052.81M 9,216.59M 9,717.72M 6,620.59M
Diluted EPS 11.70 -- 36.62 11.07 3.00
Dividends Per Share 3.18 3.53 4.54 4.28 5.93
Total Assets 85,318.20M 102,548.65M 107,059.49M 114,671.12M 126,703.82M
Total liabilities 50,273.72M 59,807.61M 61,452.87M 69,553.71M 78,963.87M
Total equity 10,856.39M 12,759.87M 14,901.87M 14,426.71M 16,049.93M
Operating cash flow 7,852.74M 6,130.04M 7,138.91M 6,883.76M 8,216.55M

Valuation Measures

Dec 2020
Operating margin-0.20%
Profit margin0.14%

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
  • Executive Board Member: Jung-Ok Ahn


  • CHEY TAE-WON (18.4%)
  • SK Inc. (9.9%)
  • National Pension Service of Korea (7.8%)
  • CHEY GI-WON (6.8%)
  • CHEY JAE-WON (1.5%)
  • BlackRock Fund Advisors (1.1%)
  • The Vanguard Group, Inc. (1.0%)
  • Norges Bank Investment Management (0.8%)
  • CHEY SUNG-HWAN /SK/ (0.6%)
  • Samsung Asset Management Co., Ltd. (0.3%)

Contact Details

  • Website:
  • Address: 26 Jong-ro, Jongno-gu, Seoul, 03188, South Korea
  • Phone: +82.2.2121.5114

Related Companies

  • Einstein Cayman Ltd.
  • SK S.E. Asia Pte Ltd.
  • I Cube Capital II, Inc.
  • I Cube Capital, Inc.
  • Golden Pearl EV Solutions Ltd.
  • Plutus Fashion NY, Inc.
  • Plutus Capital NY, Inc.
  • SK GI Management
  • SK Investment Management Co., Ltd.
  • Saturn Agriculture Investment Co., Ltd.
  • SK Pharmteco, Inc.
  • Hweechan Co., Ltd.
  • SK imedia
  • Optima Leasing SA
  • Sk South East Asia Investment Pte , Ltd.
  • Sk C&C Beijing Co., Ltd.
  • SK C&C India Pvt Ltd.
  • SIGNET EV, Inc.
  • SKT Vietnam Pte Ltd.
  • SK Maritime Co., Ltd.
  • Gemini Partners Pte Ltd.
  • Green IS Co., Ltd.
  • Leviathan Asset Co., Ltd.
  • Highway Star Co., Ltd.
  • SK Networks Internet, Inc.
  • SK, Inc. (Seoul)
  • West-Seoul Highway Co., Ltd.
  • Makers Holdings Co., Ltd.
  • SK China Co., Ltd.
  • SK Biopharmaceuticals Co., Ltd.


  • 3S KOREA Co., Ltd.
  • Cerevel Therapeutics Holdings Inc
  • CJ Corporation
  • Daesung Industrial Co., Ltd
  • DB Inc.
  • GlobalWafers Co., Ltd.
  • INITECH Co., Ltd
  • KL-Net Corp
  • Kolon Industries, Inc.
  • Marinus Pharmaceuticals Inc
  • Samchully Co., Ltd
  • Samhwa Paint Industrial Co., Ltd.
  • Siltronic AG
  • UFlex Limited
  • Xenon Pharmaceuticals Inc.
  • Zymergen Inc
Last Updated on 21 Oct, 2021

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Try 1 month for $0.99

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends October 31st

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to Nikkei Asia has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media

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