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Electronic Technology

Samsung SDI Co., Ltd.

Company Background

Samsung SDI is a South Korean electronic component maker that belongs to the Samsung Electronics group.

The world's largest supplier of lithium-ion batteries, it is locked in heavy competition with domestic and Japanese rivals in lithium-ion batteries for cell phones, cars and solar power plants.

The company was jointly established by the Samsung group and Japanese electronics maker NEC in 1970. It began as a manufacturer of picture tubes. The company has used its current name since 1999.

Samsung SDI manufactured organic light-emitting diode display panels and plasma panels by itself even after dissolving the joint venture with NEC. But it has since farmed out all display panel operations to other group companies.

The company now manufactures batteries, which account for roughly 50% of its sales, polarizing plates for liquid crystal display panels and materials for semiconductors and display panel.

It supplies most of its products to Samsung group companies.

Samsung SDI is the largest shareholder in trading house and construction company Samsung C&T. The leading shareholder in Samsung SDI is Samsung Electronics.

Market participants predict Samsung SDI will be included in the reorganization of group companies that the Samsung group is carrying out to streamline its complicated capital ties.

Business Summary

Samsung SDI Co., Ltd. engages in the manufacture and sale of secondary cells and plasma display panels. It operates in two business segments: Display segment and Energy segment. The Display segment is engaged in the manufacture of PDPs used in televisions, as well as operation of rental business. The Energy segment is engaged in the manufacture of batteries. The company was founded on January 20, 1970 and is headquartered in Yongin, South Korea.

Financial Highlights

Dec 2019 KRWUSD
Revenue10,097.42B8,658.51M
Gross Profit2,123.07B1,820.52M
Operating income462,047.49M396.20M
Income before tax386,012.50M331.00M
Net income356,548.86M305.73M
EBITDA1,318.04B1,130.21M
Diluted EPS5,331.764.57
Dividends Per Share1,0000.85
Total Assets19,852.09B17,166.41M
Total liabilities7,191.75B6,218.81M
Total equity12,324.93B10,657.56M
Operating cash flow921,960.96M790.57M
Currency in KRWCurrency in USD

Historical Data

 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 4,954.86B 5,200.82B 6,346.60B 9,158.27B 10,097.42B
Gross Profit 762,847.37M 673,302.56M 1,078.22B 1,948.18B 2,123.07B
Operating income -267,470.69M -925,907.97M 117,145.86M 715,176.84M 462,047.49M
Income before tax -170,116.23M -820,693.89M 824,064.87M 1,036.23B 386,012.50M
Net income -102,737.24M -870,209.08M 657,236.34M 701,166.33M 356,548.86M
EBITDA 301,201.85M -478,330.42M 576,843.55M 1,297.23B 1,318.04B
Diluted EPS 766.62 -10,718 9,825 10,485 5,331.76
Dividends Per Share 1,000 1,000 1,000 1,000 1,000
Total Assets 16,225.30B 14,900.31B 15,741.70B 19,349.72B 19,852.09B
Total liabilities 4,972.11B 3,936.20B 4,289.70B 7,124.50B 7,191.75B
Total equity 11,011.99B 10,722.13B 11,257.30B 11,934.02B 12,324.93B
Operating cash flow 881,066.55M -1,309.51B -250,114.33M 260,609.73M 921,960.96M
 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 4,377.84M 4,482.73M 5,613.93M 8,321.78M 8,658.51M
Gross Profit 674.01M 580.33M 953.75M 1,770.23M 1,820.52M
Operating income -236.32M -798.06M 103.62M 649.85M 396.20M
Income before tax -150.30M -707.37M 728.93M 941.58M 331.00M
Net income -90.77M -750.05M 581.36M 637.12M 305.73M
EBITDA 266.12M -412.28M 510.25M 1,178.74M 1,130.21M
Diluted EPS 0.67 -9.23 8.69 9.52 4.57
Dividends Per Share 0.88 0.86 0.88 0.90 0.85
Total Assets 13,837.62M 12,336.73M 14,704.31M 17,341.56M 17,166.41M
Total liabilities 4,240.42M 3,258.98M 4,007.01M 6,385.10M 6,218.81M
Total equity 9,391.49M 8,877.40M 10,515.43M 10,695.48M 10,657.56M
Operating cash flow 778.46M -1,128.71M -221.24M 236.80M 790.57M

Valuation Measures

Dec 2019
PER44.26
ROA1.81%
ROE2.93%
Operating margin4.57%
Profit margin3.53%

Key executives

  • President, Chief Executive Officer & Director: Young-Hyun Jun
  • MD, Head-Finance & Management Support: Yoon-Tae Kim
  • Vice President & Head-Research Institute: Hyeok Jang
  • Managing Director & Head-Compliance Support: Yoon-Geun Kim
  • Vice President & Head-Strategic Marketing: Jung-Wook Kim

Shareholders

  • Samsung Electronics Co., Ltd. (19.5%)
  • National Pension Service of Korea (9.9%)
  • Samsung SDI Co., Ltd. (4.8%)
  • The Vanguard Group, Inc. (2.2%)
  • Baillie Gifford & Co. (2.1%)
  • Newton Investment Management Ltd. (2.0%)
  • BlackRock Fund Advisors (1.8%)
  • Samsung Asset Management Co., Ltd. (1.6%)
  • Canada Pension Plan Investment Board (1.4%)
  • Schroder Investment Management Ltd. (1.3%)

Contact Details

Related Companies

  • Samsung SDI Europe GmbH
  • Samsung SDI (Tianjin) Battery Co., Ltd.
  • Samsung Instituto de Desenvolvimento para a Informatica
  • Samsung SDI Vietnam Co. Ltd.
  • Samsung SDI Battery Systems GmbH
  • Magna Steyr Battery Systems GmbH & Co. oG
  • Magna Steyr AG & Co. KG Battery Pack Bus/
  • Samsung SDI Chemicals & Electronic Materials, Inc.
  • STM Co., Ltd.
  • Samsung SDI Mexico SA de CV
  • Samsung Electronics Co. Ltd. /Solar Cell Business/
  • Samsung SDI
  • Samsung SDI (Malaysia) Sdn. Bhd.
  • Samsung SDI (Hong Kong) Ltd.
  • SB LiMotive Co., Ltd.
  • Samsung SDI America, Inc.
  • Samsung SDI Brasil Ltda.
  • Samsung SDI Co., Ltd. Employee Stock Ownership Association
  • EL Display Business of NEC Corp
  • Samsung Display SDI (IOB)

Competitors

  • SHIN HEUNG ENERGY & ELECTRONICS Co., Ltd.
  • Hengdian Group DMEGC Magnetics Co., Ltd Class A
  • Ecopro BM Co., Ltd.
  • Universal Display Corporation
  • Giga Solar Materials Corp.
  • HAESUNG DS Co., Ltd.
  • Ecopro Co., Ltd.
  • Tesla Inc
  • Eternal Materials Co., Ltd.
  • SolarEdge Technologies, Inc.
  • DuPont de Nemours, Inc.
  • SEOWONINTECH Co., Ltd.
  • U.I. Display Co., Ltd.
Last Updated on 10 Aug, 2020

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