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Communications

SK Telecom Co., Ltd.

  • 250,000.00 KRW
  • -1,000.00
  • -0.40%
  • South Korea
    May 23, 2019
  • Ticker
    KRX(017670)
  • Prev. close
    251,000
  • Market cap (KRW)
    20,267.17B
  • Market cap (USD)
    17,041.97M
  • Shares
    80.74M

Company Background

SK Telecom is South Korea's largest cellphone service provider. It began as a subsidiary of a state-owned communications company in 1984, providing car-phone services. In 1997, the company became a subsidiary of SK Group, South Korea's third-largest conglomerate in terms of asset size. The group engages in energy and fiber businesses.

SK, the holding company of SK Group, is SK Telecom's largest shareholder. SK Group chairman Chey Tae-won also has a stake in the company. It is listed on the Korea Stock Exchange and the New York Stock Exchange.

Improving the country's communications environment is a South Korean national project. SK Telecom has often launched the world's fastest communication services ahead of foreign rivals. Having electronics makers with a great degree of telecom-related expertise such as Samsung Electronics and LG Electronics at home is one of the company's strengths.

Given South Korea's population and economic growth rates are slowing, while the smartphone penetration rate is already high, the company needs to develop new revenue sources for further growth. The company's cellphone services in Mongolia, Vietnam and the U.S. have achieved limited success.

Business Summary

SK Telecom Co., Ltd. engages in the provision of wireless telecommunication and internet services. Its products include mobile phones, wireless data, information communication, and others. The company was founded on March 29, 1984 and is headquartered in Seoul, South Korea.

Financial Highlights

Dec 2018 KRWUSD
Revenue16,873.96B15,332.74M
Gross Profit3,542.26B3,218.72M
Operating income1,194.04B1,084.98M
Income before tax3,975.96B3,612.81M
Net income3,112.08B2,827.83M
EBITDA4,320.16B3,925.56M
Diluted EPS44,066.1640.04
Dividends Per Share10,0009.08
Total Assets42,369.11B37,971.95M
Total liabilities20,418.62B18,299.53M
Total equity22,072.06B19,781.37M
Operating cash flow4,316.77B3,922.49M
Currency in KRWCurrency in USD

Historical Data

 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 17,163.79B 17,136.73B 17,091.81B 17,520.01B 16,873.96B
Gross Profit 3,810.23B 3,711.21B 3,602.46B 3,866.31B 3,542.26B
Operating income 1,807.16B 1,692.68B 1,495.43B 1,530.83B 1,194.04B
Income before tax 1,347.49B 1,249.22B 1,551.63B 1,157.51B 3,975.96B
Net income 1,784.33B 1,501.76B 1,659.12B 2,582.98B 3,112.08B
EBITDA 4,521.89B 4,537.97B 4,437.31B 4,628.29B 4,320.16B
Diluted EPS 25,154 20,988 23,497 36,582 44,066.16
Dividends Per Share 9,400 10,000 10,000 10,000 10,000
Total Assets 27,941.23B 28,581.38B 31,297.66B 33,428.66B 42,369.11B
Total liabilities 13,091.48B 13,605.80B 15,579.75B 15,797.99B 20,418.62B
Total equity 14,108.22B 14,852.56B 15,572.88B 17,443.62B 22,072.06B
Operating cash flow 3,677.38B 3,761.28B 4,226.32B 3,838.98B 4,316.77B
 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 16,305.19M 15,141.08M 14,731.91M 15,497.43M 15,332.74M
Gross Profit 3,619.63M 3,279.02M 3,105.06M 3,419.97M 3,218.72M
Operating income 1,716.76M 1,495.56M 1,288.95M 1,354.10M 1,084.98M
Income before tax 1,280.08M 1,103.74M 1,337.40M 1,023.88M 3,612.81M
Net income 1,695.07M 1,326.87M 1,430.04M 2,284.79M 2,827.83M
EBITDA 4,295.68M 4,009.51M 3,824.64M 4,093.99M 3,925.56M
Diluted EPS 23.89 18.54 20.25 32.35 40.04
Dividends Per Share 8.92 8.83 8.61 8.84 9.08
Total Assets 25,420.76M 24,375.40M 25,912.94M 31,225.69M 37,971.95M
Total liabilities 11,910.54M 11,603.60M 12,899.27M 14,756.89M 18,299.53M
Total equity 12,835.57M 12,666.88M 12,893.59M 16,294.07M 19,781.37M
Operating cash flow 3,493.42M 3,323.27M 3,642.79M 3,395.79M 3,922.49M

Valuation Measures

Dec 2018
PER6.11
ROA8.21%
ROE15.75%
Operating margin7.07%
Profit margin18.44%

Key executives

  • President, Chief Executive Officer & Director: Jung-Ho Park
  • Head-Finance: Jin-Won Kim
  • Head-ICT Technology division: Jin-Hyo Park
  • Head-Legal & Compliance Support: Yong-Joo Park
  • Executive Board Member: Yong-Hwan Lee

Shareholders

  • SK Holdings Co., Ltd. (26.7%)
  • SK Telecom Co., Ltd. (10.9%)
  • National Pension Service of Korea (10.0%)
  • Capital Research & Management Co. (World Investors) (2.1%)
  • Causeway Capital Management LLC (1.6%)
  • BlackRock Fund Advisors (0.9%)
  • Nordea Investment Management AB (Denmark) (0.8%)
  • Capital Research & Management Co. (Global Investors) (0.7%)
  • Samsung Asset Management Co., Ltd. (0.7%)
  • Macquarie Investment Management Business Trust (0.6%)

Contact Details

  • Website:http://www.sktelecom.com
  • Address: SKT Tower, 65 Eulji-ro, Jung-gu, Seoul, 04539, South Korea
  • Phone: +82.2.6100.2114

Related Companies

  • SK China Real Estate Co. Ltd.
  • SK stoa Co. Ltd.
  • SK Telecom Co., Ltd. (United States)
  • Cyworld China (Holdings) Ltd.
  • SK infosec Co., Ltd.
  • One Store Co., Ltd.
  • SK Telecom Americas Innopartners
  • Service Ace Co., Ltd. (South Korea)
  • NBJ Games Co., Ltd.
  • SKP America LLC
  • Network O&S
  • SK Planet Co., Ltd.
  • Ps & Marketing Corp.
  • SK Networks Co., Ltd. /Leased Line Business/
  • SK Telecom Ventures LLC
  • SK Broadband Co., Ltd
  • Shenzhen E-eye High Tech Co.
  • SK Telink Corp.
  • SK Telecom Co., Ltd. Employee Stock Ownership Association
  • SK Communications Co., Ltd
  • Dreamus Company
  • TU Media Corp
  • SK Telecom China Co., Ltd.
  • FaceOne
  • ShinSegi Telecom, Inc.
  • PAXnet
  • SK Telecom Usa Holdings, Inc.

Competitors

  • KT Corporation
  • CJ ENM Co., Ltd.
  • LG Uplus Corp
  • eBay Inc.
  • GS Home Shopping Inc.
  • Interpark Holdings Corporation
  • Alphabet Inc. Class A
  • Hyundai Home Shopping Network Corporation
  • Lotte Corp
  • Shinsegae Co., Ltd
  • CJ Corporation
  • CJ Hello Co. Ltd.
  • Taekwang Industrial Co., Ltd.
  • Hyundai HCN Co., Ltd.
  • KTCS Corp.
  • KT Skylife Co., Ltd
  • NHN Corporation
  • Hanyang Digitech Co., Ltd
  • KINX Inc.
  • KTIS Corporation
Last Updated on 23 May, 2019

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