ArrowArtboardCreated with Sketch.Title ChevronCrossEye IconFacebook IconIcon FacebookGoogle Plus IconLayer 1InstagramCreated with Sketch.Linkedin IconIcon LinkedinShapeCreated with Sketch.Icon Mail ContactPath LayerIcon MailMenu BurgerIcon Opinion QuotePositive ArrowIcon PrintRSS IconIcon SearchSite TitleTitle ChevronTwitter IconIcon TwitterYoutube Icon
Industrial Services

Samsung C&T Corp.

  • 138,500.00 KRW
  • +2,000.00
  • +1.47%
  • South Korea
    Apr 20, 2018
  • Ticker
    KRX(028260)
  • Prev. close
    136,500
  • Market cap (KRW)
    26,026.10B
  • Market cap (USD)
    24,386.20M
  • Shares
    191.31M

Company Background

Samsung C&T was created by merging among Samsung group companies, including the construction and trading businesses of former Samsung C&T, the fashion business of Cheil Industries and theme park operator Samsung Everland. Established in 1938 by Samsung group founder Lee Byung-chull, the company began as Samsung Sanghoe.

Samsung C&T is often referred to as the group's de facto holdings company, because Samsung Electronics Vice Chairman Lee Jae-yong and other founding family members hold a large stake in the company. The company also holds a large stake in Samsung Life Insurance, a major shareholder of Samsung Electronics. Given the fact that Samsung group companies invest in each other in an intertwined manner, Samsung C&T is not meeting requirements to become a holding company, according to South Korean regulations.

Samsung C&T is an industry leader in South Korea's construction business. The company was involved in the Burj Khalifa project, the world's tallest skyscraper in Dubai, the United Arab Emirates. A group of South Korean companies, including Samsung C&T, won a nuclear power plant project from the UAE in 2010. In its apparel business, Samsung C&T is also a producer and retailer of fashion clothing. Samsung C&T often draws attention on the stock market, but largely not as an operating company, because the company is the core unit of the Samsung group amid its on-and-off restructuring efforts.

Business Summary

Samsung C&T Corp is engaged in the provision of provides construction, engineering, and amusement park management services. It operates through following business divisions: Construction, Fashion, Resort, Bio, Trading, and Meal Service. The company was founded on December 23, 1963 and is headquartered at Seoul, South Korea.

Financial Highlights

Dec 2017 KRWUSD
Revenue29,279.04B25,898.96M
Gross Profit3,403.35B3,010.46M
Operating income850,038.35M751.90M
Income before tax825,011.44M729.76M
Net income639,797.94M565.93M
EBITDA1,330.03B1,176.48M
Diluted EPS3,8793.43
Dividends Per Share2,0001.76
Total Assets49,048.90B45,816.54M
Total liabilities23,897.65B22,322.77M
Total equity22,556.75B21,070.24M
Operating cash flow1,312.43B1,160.92M
Currency in KRWCurrency in USD

Historical Data

 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 3,226.05B 5,129.56B 13,344.67B 28,102.68B 29,279.04B
Gross Profit 551,028.54M 1,559.09B 2,002.68B 3,001.69B 3,403.35B
Operating income 111,092.83M 213,411.36M 40,786.34M 162,979.59M 850,038.35M
Income before tax 74,342.15M 183,790.69M 2,919.77B 162,667.11M 825,011.44M
Net income -5,148.34M 92,150.36M 2,746.81B 107,356.94M 639,797.94M
EBITDA 207,736.13M 357,212.39M 321,828.04M 662,609.27M 1,330.03B
Diluted EPS 389.90 4,284 20,636.45 648.70 3,879
Dividends Per Share -- 0 500 550 2,000
Total Assets 8,553.88B 9,511.43B 42,361.43B 44,458.51B 49,048.90B
Total liabilities 4,604.75B 4,226.14B 24,047.49B 23,352.80B 23,897.65B
Total equity 3,946.35B 5,283.06B 16,501.67B 18,301.58B 22,556.75B
Operating cash flow 234,840.25M 143,113.87M -62,347.86M 1,355.39B 1,312.43B
 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 2,946.81M 4,872.96M 11,790.62M 24,222.49M 25,898.96M
Gross Profit 503.33M 1,481.10M 1,769.46M 2,587.24M 3,010.46M
Operating income 101.47M 202.73M 36.03M 140.47M 751.90M
Income before tax 67.90M 174.59M 2,579.75M 140.20M 729.76M
Net income -4.70M 87.54M 2,426.93M 92.53M 565.93M
EBITDA 189.75M 339.34M 284.34M 571.12M 1,176.48M
Diluted EPS 0.35 4.06 18.23 0.55 3.43
Dividends Per Share -- 0 0.44 0.47 1.76
Total Assets 8,105.26M 8,653.44M 36,127.60M 36,809.49M 45,816.54M
Total liabilities 4,363.25M 3,844.91M 20,508.71M 19,334.99M 22,322.77M
Total equity 3,739.37M 4,806.49M 14,073.32M 15,152.82M 21,070.24M
Operating cash flow 214.51M 135.95M -55.08M 1,168.25M 1,160.92M

Valuation Measures

Dec 2017
PER32.48
ROA1.36%
ROE3.13%
Operating margin2.90%
Profit margin2.18%

Key executives

  • Co-President, Co-CEO & Director: Bong-Yeong Kim
  • Co-President, CO-CEO & Director: Chi-Hun Choi
  • Co-President, Co-CEO & Director: Shin Kim
  • Chief Financial Officer & Managing Director: Hyung-Wook Woo
  • Head-Building Business Technology & VP: Ahmed Abdelrazaq

Shareholders

  • LEE JAE-YONG /CHEIL INDUSTRIES/ (17.2%)
  • Samsung C&T Corp. (13.8%)
  • KCC Corp. (8.9%)
  • National Pension Service of Korea (5.5%)
  • LEE BU-JIN (5.5%)
  • LEE SEO-HYUN (5.5%)
  • LEE KUN HEE (2.8%)
  • Samsung Electro-Mechanics Co., Ltd. (2.6%)
  • Samsung Fire & Marine Insurance Co., Ltd. (1.3%)
  • Samsung C&t Corp. Esoa (1.0%)

Contact Details

  • Website:http://www.samsungcnt.com
  • Address: Samsung Main Building, 19th floor, 67 Sejong-daero, Seoul, 04519, South Korea
  • Phone: +82.2.759.0290

Related Companies

  • Samsung Network China, Inc.
  • Samsung C&T Engineering & Construction Group
  • Veselinovo Energy Ltd.
  • Solar Park EOOD
  • C&T Corp. (Vietnam)
  • Samsung C&T India Pvt Ltd.
  • Samsung C&T Taiwan Corp.
  • Samsung C&T Japan Corp.
  • Samsung C&T Corp. India Pvt Ltd.
  • Samsung C&T Corp. China RHQ
  • Samsung C&T (Thailand) Co. Ltd.
  • Samsung C&T ECUK Ltd.
  • Samsung C&t Corp. Esoa
  • Samsung C&T Corp. /Seoul/

Competitors

  • Hyundai Green Food Co., Ltd.
  • Actividades de Construccion y Servicios SA
  • Hanjin Heavy Industries & Construction Holdings Co., Ltd.
  • Kumho Industrial Co., Ltd.
  • Dongbu Corporation
  • KCC Engineering & Construction Co., Ltd
  • Kye-Ryong Construction Industrial Co., Ltd.
  • Hanjin Heavy Industries & Construction Co., Ltd
  • Seohee Construction Co., Ltd.
  • TTCL Public Co. Ltd.
  • iMarket Korea, Inc.
  • Hyundai Heavy Industries Co., Ltd.
  • Rechi Precision Co. Ltd.
  • Samsung Heavy Industries Co., Ltd
Last Updated on 20 Apr, 2018

You have {{numberReadArticles}} FREE ARTICLE{{numberReadArticles-plural}} left this month

Subscribe to get unlimited access to all articles.

Get unlimited access
NAR site on phone, device, tablet

You have {{numberReadArticles}} FREE ARTICLE{{numberReadArticles-plural}} left this month

Subscribe to get unlimited access to all articles.

3 months for $9

Get unlimited access
NAR site on phone, device, tablet

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 the Nikkei Asian Review 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