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Industrial Services

Samsung C&T Corp.

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 2019 KRWUSD
Revenue30,761.50B26,377.90M
Gross Profit3,655.60B3,134.67M
Operating income870,636.07M746.56M
Income before tax1,222.56B1,048.34M
Net income1,050.07B900.43M
EBITDA1,314.67B1,127.33M
Diluted EPS6,366.725.45
Dividends Per Share2,0001.71
Total Assets45,905.51B39,695.20M
Total liabilities19,213.42B16,614.13M
Total equity24,096.13B20,836.29M
Operating cash flow770,849.62M661.00M
Currency in KRWCurrency in USD

Historical Data

 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 13,344.67B 28,102.68B 29,279.04B 31,155.63B 30,761.50B
Gross Profit 2,002.68B 3,001.69B 3,403.35B 3,831.20B 3,655.60B
Operating income 40,786.34M 162,979.59M 850,038.35M 1,062.43B 870,636.07M
Income before tax 2,919.77B 162,667.11M 825,011.44M 2,382.73B 1,222.56B
Net income 2,746.81B 107,356.94M 639,797.94M 1,712.79B 1,050.07B
EBITDA 321,828.04M 662,609.27M 1,330.03B 1,525.55B 1,314.67B
Diluted EPS 20,636.45 648.70 3,879 10,384.81 6,366.72
Dividends Per Share 500 550 2,000 2,000 2,000
Total Assets 42,361.43B 44,458.51B 49,048.90B 43,674.27B 45,905.51B
Total liabilities 24,047.49B 23,352.80B 23,897.65B 21,125.33B 19,213.42B
Total equity 16,501.67B 18,301.58B 22,556.75B 19,946.59B 24,096.13B
Operating cash flow -62,347.86M 1,355.39B 1,312.43B 1,678.37B 770,849.62M
 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 11,790.62M 24,222.49M 25,898.96M 28,309.97M 26,377.90M
Gross Profit 1,769.46M 2,587.24M 3,010.46M 3,481.27M 3,134.67M
Operating income 36.03M 140.47M 751.90M 965.39M 746.56M
Income before tax 2,579.75M 140.20M 729.76M 2,165.10M 1,048.34M
Net income 2,426.93M 92.53M 565.93M 1,556.34M 900.43M
EBITDA 284.34M 571.12M 1,176.48M 1,386.21M 1,127.33M
Diluted EPS 18.23 0.55 3.43 9.43 5.45
Dividends Per Share 0.44 0.47 1.76 1.81 1.71
Total Assets 36,127.60M 36,809.49M 45,816.54M 39,141.66M 39,695.20M
Total liabilities 20,508.71M 19,334.99M 22,322.77M 18,932.90M 16,614.13M
Total equity 14,073.32M 15,152.82M 21,070.24M 17,876.49M 20,836.29M
Operating cash flow -55.08M 1,168.25M 1,160.92M 1,525.07M 661.00M

Valuation Measures

Dec 2019
PER17.04
ROA2.34%
ROE4.76%
Operating margin2.83%
Profit margin3.41%

Key executives

  • Executive Chairman & President: Chi-Hun Choi
  • Co-President, Co-CEO & Director: Young-Ho Lee
  • Co-CEO, Director & Vice President: Keum-Yong Chung
  • Co-President, Co-CEO & Director: Jung-Suk Koh

Shareholders

  • LEE JAE-YONG /CHEIL INDUSTRIES/ (17.4%)
  • Samsung C&T Corp. (14.0%)
  • KCC Corp. (9.1%)
  • National Pension Service of Korea (7.5%)
  • LEE BU-JIN (5.5%)
  • LEE SEO-HYUN (5.5%)
  • LEE KUN HEE (2.9%)
  • The Vanguard Group, Inc. (1.3%)
  • Samsung Life Public Welfare Foundation (1.0%)
  • BlackRock Fund Advisors (0.9%)

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

  • S&G Biofuel Pte Ltd.
  • 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/
  • PLL Holdings LLC
  • Corephotonics Ltd.
  • Samsung C&T Deutschland GmbH
  • Samsung C&T Hongkong Ltd.
  • Samsung C&T America, Inc.
  • Otelinox SA

Competitors

  • Hanjin Heavy Industries & Construction Holdings Co., Ltd.
  • Dongbu Corporation
  • Hanjin Heavy Industries & Construction Co., Ltd
  • KCC Engineering & Construction Co., Ltd
  • Kye-Ryong Construction Industrial Co., Ltd.
  • Seohee Construction Co., Ltd.
  • Kumho Industrial Co., Ltd.
  • Wonpung Mulsan Co., Ltd.
  • Hanil Holdings Co., Ltd.
  • Yesco Holdings Co., Ltd.
  • BUSAN INDUSTRIAL Co., Ltd.
  • DAE HWA PHARM Co., Ltd.
  • Entire Technology Co Ltd
  • Infraestructura Energetica Nova SAB de CV
  • JS Corp.
Last Updated on 20 Oct, 2020

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