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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. provides construction, engineering, and amusement park management services. It operates through the 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 2021 KRWUSD
Revenue34,455.18B30,087.67M
Gross Profit3,919.53B3,422.69M
Operating income1,182.77B1,032.84M
Income before tax2,369.81B2,069.41M
Net income1,635.04B1,427.78M
EBITDA1,701.23B1,485.58M
Diluted EPS9,913.458.65
Dividends Per Share4,2003.66
Total Assets55,245.42B46,473.54M
Total liabilities21,892.97B18,416.80M
Total equity30,405.53B25,577.73M
Operating cash flow1,195.73B1,044.16M
Currency in KRWCurrency in USD

Historical Data

 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 29,279.04B 31,155.63B 30,761.50B 30,216.11B 34,455.18B
Gross Profit 3,403.35B 3,831.20B 3,655.60B 3,241.87B 3,919.53B
Operating income 850,038.35M 1,062.43B 870,636.07M 856,779.81M 1,182.77B
Income before tax 825,011.44M 2,382.73B 1,222.56B 1,303.53B 2,369.81B
Net income 639,797.94M 1,712.79B 1,050.07B 1,035.49B 1,635.04B
EBITDA 1,330.03B 1,525.55B 1,314.67B 1,380.27B 1,701.23B
Diluted EPS 3,879 10,384.81 6,366.72 6,278.31 9,913.45
Dividends Per Share 2,000 2,000 2,000 2,300 4,200
Total Assets 49,048.90B 43,674.27B 45,905.51B 54,331.74B 55,245.42B
Total liabilities 23,897.65B 21,125.33B 19,213.42B 21,386.25B 21,892.97B
Total equity 22,556.75B 19,946.59B 24,096.13B 30,197.97B 30,405.53B
Operating cash flow 1,312.43B 1,678.37B 770,849.62M 1,267.89B 1,195.73B
 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 25,898.96M 28,309.97M 26,377.90M 25,609.31M 30,087.67M
Gross Profit 3,010.46M 3,481.27M 3,134.67M 2,747.61M 3,422.69M
Operating income 751.90M 965.39M 746.56M 726.15M 1,032.84M
Income before tax 729.76M 2,165.10M 1,048.34M 1,104.79M 2,069.41M
Net income 565.93M 1,556.34M 900.43M 877.62M 1,427.78M
EBITDA 1,176.48M 1,386.21M 1,127.33M 1,169.83M 1,485.58M
Diluted EPS 3.43 9.43 5.45 5.32 8.65
Dividends Per Share 1.76 1.81 1.71 1.94 3.66
Total Assets 45,816.54M 39,141.66M 39,695.20M 50,015.40M 46,473.54M
Total liabilities 22,322.77M 18,932.90M 16,614.13M 19,687.24M 18,416.80M
Total equity 21,070.24M 17,876.49M 20,836.29M 27,798.92M 25,577.73M
Operating cash flow 1,160.92M 1,525.07M 661.00M 1,074.59M 1,044.16M

Valuation Measures

Dec 2021
PER12.00
ROA2.98%
ROE5.39%
Operating margin3.43%
Profit margin4.74%

Key executives

  • Co-President, Co-CEO & Director: Seung-Hwan Han
  • Co-President, Co-CEO & Director: Se-Chul Oh
  • Co-President, Co-CEO & Director: Jung-Suk Koh
  • Director & Vice President: Joonseo Lee

Shareholders

  • LEE JAE-YONG /CHEIL INDUSTRIES/ (18.1%)
  • Samsung C&T Corp. (12.5%)
  • KCC Corp. (9.1%)
  • National Pension Service of Korea (8.4%)
  • LEE BU-JIN (6.2%)
  • LEE SEO-HYUN (6.2%)
  • The Vanguard Group, Inc. (1.1%)
  • Samsung Asset Management Co., Ltd. (1.1%)
  • Samsung Life Public Welfare Foundation (1.0%)
  • BlackRock Fund Advisors (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 C&T Corporation Vietnam Co., Ltd.
  • Cheil Industries Corp. USA
  • S-Print, Inc.
  • Samsung C&T Corporation Rus LLC
  • SCNT Power Kelar Inversiones Ltda.
  • Samsung C&T Chile Copper SpA
  • SAM Gulf Investment Ltd.
  • Samsung C&T (Xi'an) Co., Ltd.
  • S&Woo Construction Philippines, Inc.
  • Samsung C&T Eng.& Const. Mongolia LLC
  • SAMSUNG C&T Mongolia LLC
  • Erdsam Co., Ltd.
  • Samsung C&T Lima SAC
  • Samsung C&T Oil & Gas Parallel Corp.
  • Solluce Romania 1 BV
  • Qurayyah Investment Co.
  • Cheil Industries Italy Srl
  • PT Insam Batubara Energy
  • Samsung C&T (Shanghai) Co., Ltd.
  • MSSC Sdn. Bhd.
  • S&G Biofuel Pte Ltd.
  • Samsung Network China, Inc.
  • Samsung C&T Engineering & Construction Group
  • Samsung Fashion Trading (Shanghai) Co., Ltd.
  • Veselinovo Energy Ltd.
  • Solar Park EOOD
  • C&T Corp. (Vietnam)
  • Samsung C&T India Pvt Ltd.
  • Samsung C&T Taiwan Co., Ltd.
  • Samsung C&T Japan Corp.

Competitors

  • KCC Engineering & Construction Co., Ltd
  • Dongbu Corporation
  • Kye-Ryong Construction Industrial Co., Ltd.
  • KUMHO Engineering & Construction Co., Ltd.
  • HJ SHIPBUILDING & CONSTRUCTION CO. LTD
  • Wonpung Mulsan Co., Ltd.
  • Seohee Construction Co., Ltd.
  • Hanil Holdings Co., Ltd.
  • DAE HWA PHARM Co., Ltd.
  • JS Corp.
Last Updated on 13 May, 2022

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