Samsung Electronics Co., Ltd.
Company Background
Samsung Electronics is South Korea's largest company, with its core business semiconductors and electronic products. The company has an overwhelming presence in South Korea and exerts a strong influence over every sector. The success of its smartphone business has boosted the Samsung brand power overseas. In 2012, Samsung was ranked ninth in U.S. company Interbrand's best global brands survey. It was the highest ranking among Asian companies, overtaking Toyota Motor.
The business was founded in 1969 as part of the Samsung group, which had started out as a trading and textile company. Last year the company's owner and chairman, Lee Kun-hee, a son of the founder, collapsed from a heart attack. His son, Lee Jae-yong, who is vice chairman, took over the management of the company. As Jae-yong has no brothers, he is expected to succeed his father as chairman.
Samsung group's structure is complicated, with its companies holding each other's shares. The largest shareholder of Samsung Electronics is Samsung Life Insurance, but Cheil Industries, the top shareholder of Samsung Life Insurance, is considered to be the de facto holding company of the group. As of the end of 2014, Vice Chairman Lee Jae-yong owned 23.23% of Cheil Industries, indicating a generational shift has fairly progressed in terms of ownership.
While the semiconductor business continues to generate high profits, the smartphone operation, which has been behind the company's rapid growth over the past several years, fares poorly these days. The company still makes high profits as a manufacturer, but needs to explore new businesses to get its growth back on track.
Business Summary
Financial Highlights
Dec 2022 | KRW | USD |
Revenue | 302,231.36B | 233,906.81M |
Gross Profit | 109,950.48B | 85,094.30M |
Operating income | 43,376.63B | 33,570.60M |
Income before tax | 45,349.83B | 35,097.72M |
Net income | 54,730.01B | 42,357.36M |
EBITDA | 82,484.28B | 63,837.30M |
Diluted EPS | 8,057.21 | 6.23 |
Dividends Per Share | 1,444 | 1.11 |
Total Assets | 448,424.50B | 354,625.93M |
Total liabilities | 93,674.90B | 74,080.58M |
Total equity | 345,186.14B | 272,982.31M |
Operating cash flow | 62,181.34B | 48,124.19M |
Currency in KRW | Currency in USD |
Historical Data
Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | |
Revenue | 243,771.41B | 230,400.88B | 236,806.98B | 279,604.79B | 302,231.36B |
Gross Profit | 108,494.11B | 79,383.04B | 88,194.79B | 108,951.12B | 109,950.48B |
Operating income | 58,886.66B | 27,768.50B | 35,993.87B | 51,632.80B | 43,376.63B |
Income before tax | 61,159.95B | 30,019.22B | 35,838.58B | 52,622.21B | 45,349.83B |
Net income | 43,890.87B | 21,505.05B | 26,090.84B | 39,243.79B | 54,730.01B |
EBITDA | 85,368.70B | 57,366.14B | 66,329.49B | 85,880.16B | 82,484.28B |
Diluted EPS | 6,460.72 | 3,165.92 | 3,841.02 | 5,777.37 | 8,057.21 |
Dividends Per Share | 1,416 | 1,416 | 1,416 | 1,444 | 1,444 |
Total Assets | 339,357.24B | 352,564.49B | 378,235.71B | 426,621.15B | 448,424.50B |
Total liabilities | 91,604.06B | 89,684.07B | 102,287.70B | 121,721.22B | 93,674.90B |
Total equity | 240,068.99B | 254,915.47B | 267,670.33B | 296,237.69B | 345,186.14B |
Operating cash flow | 67,031.86B | 45,382.91B | 65,287.00B | 65,105.44B | 62,181.34B |
Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | |
Revenue | 221,506.05M | 197,568.15M | 200,702.96M | 244,162.35M | 233,906.81M |
Gross Profit | 98,584.58M | 68,070.74M | 74,748.45M | 95,140.58M | 85,094.30M |
Operating income | 53,508.13M | 23,811.42M | 30,506.18M | 45,087.87M | 33,570.60M |
Income before tax | 55,573.78M | 25,741.41M | 30,374.57M | 45,951.87M | 35,097.72M |
Net income | 39,882.01M | 18,440.52M | 22,112.98M | 34,269.28M | 42,357.36M |
EBITDA | 77,571.38M | 49,191.32M | 56,216.77M | 74,994.07M | 63,837.30M |
Diluted EPS | 5.87 | 2.71 | 3.25 | 5.04 | 6.23 |
Dividends Per Share | 1.28 | 1.21 | 1.20 | 1.26 | 1.11 |
Total Assets | 304,138.05M | 304,867.92M | 348,187.14M | 358,882.16M | 354,625.93M |
Total liabilities | 82,097.20M | 77,551.19M | 94,161.55M | 102,394.30M | 74,080.58M |
Total equity | 215,154.13M | 220,429.31M | 246,405.51M | 249,201.01M | 272,982.31M |
Operating cash flow | 60,909.37M | 38,915.73M | 55,333.23M | 56,852.74M | 48,124.19M |
Valuation Measures
Dec 2022 | |
PER | 6.86 |
ROA | 12.50% |
ROE | 17.06% |
Operating margin | 14.35% |
Profit margin | 18.10% |
Key executives
- Vice Chairman & Co-Chief Executive Officer: Jong-Hee Han
- Co-Chief Executive Officer & Executive Director: Kye Hyun Kyung
- Chief Financial Officer: Hee-Chan Roh
- Executive Director & Head-Compliance Team: Sang-Ju Lee
- Head-Compliance Management: Sang-Gyun Kim
Shareholders
- Samsung Life Insurance Co., Ltd. (8.5%)
- National Pension Service of Korea (7.6%)
- Samsung C&T Corp. (5.0%)
- The Vanguard Group, Inc. (2.1%)
- HONG RA HEE (1.9%)
- BlackRock Fund Advisors (1.7%)
- LEE JAE-YONG /SAMSUNG ELECTRONICS/ (1.6%)
- Norges Bank Investment Management (1.5%)
- Samsung Fire & Marine Insurance Co., Ltd. (1.4%)
- Fidelity Management & Research Co. LLC (1.0%)
Contact Details
- Website:http://www.samsung.com
- Address: 129 Samsung-ro, Yeongtong-gu, Suwon, 16677, South Korea
- Phone: +82.31.200.1114
Related Companies
- Samsungrelumino.com, Inc.
- Samsung Electronics Co. Ltd. (India)
- Samsung Corporation
- GF-System Co., Ltd.
- Dowooinssys Co., Ltd.
- Samsung Electronics Service Customer Satisfaction Co., Ltd.
- Samsung Electronics Latinoamerica (Zona Libre) SA
- SNB Technologies, Inc. Mexico SA de CV
- Samsung SemiConductor Xian Co., Ltd.
- Samsung R&D Institute Rus LLC
- Samsung Electronics Rus Kaluga LLC
- Samsung Electronics Ltd.
- China Materialia New Materials 2016 LP
- Samsung Electronics Panama SA
- Samsung Electronics Venezuela CA
- Samsung R&D Institute Japan Co., Ltd.
- Samsung Electronics Co. Ltd. /Subsidiaries 2/
- Samsung Electronics Singapore Pte Ltd.
- SigMast Communications, Inc.
- Samsung Electronics Rus Co. LLC
- Samsung HVAC America LLC
- Samsung Hungary Ltd.
- Samsung Brake Corp.
- Harman International Korea, Inc.
- Thai Samsung Mechanical Co., Ltd.
- Samsung Medison India Pvt Ltd.
- Samsung Electronics Nigeria Ltd.
- Samyang Japan Co., Ltd.
- Samsung (CHINA) Investment Co. Ltd. Beijing Branch
- Samsung Semiconductor (China) R&D Co., Ltd.
Competitors
- Logitech International S.A.
- Aptiv PLC
- Panasonic Holdings Corporation
- Yamaha Corporation
- Apple Inc.
- Alps Alpine Co., Ltd.
- Taiwan Semiconductor Manufacturing Co., Ltd.
- Amazon.com, Inc.
- Continental AG
- Mitsubishi Corporation
- Primax Electronics Ltd.
- Nokia Oyj
- HP Inc.
- Canon Inc.
- Dreamus Company
- TCL Electronics Holdings Limited
- HF Co. SA
- Skyworth Group Limited
- Kinpo Electronics, Inc.
- Sonos, Inc.
- Archos SA
- Panasonic Manufacturing Philippines Corporation
- Garmin Ltd.
- ClearOne, Inc.
- Coretronic Corporation
- Masimo Corporation
- Bigben Interactive SA
- Intel Corporation
- Biwin Storage Technology Co., Ltd. Class A
- United Microelectronics Corp.
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