Asia300

SK Innovation Co., Ltd.

South Korea

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Aug 17, 2017
Prev close: 170,000
Aug 17, 2017
Market cap:
Market cap(USD):
15,719.14B
13,823.28M
Shares: 92.46M

Currency in KRW

Company profile

Market(Ticker): KRX(096770)
Sector:
Industry:
Energy Minerals
Oil & Gas Production
Full time employees: --

Business summary

SK Innovation Co., Ltd. engages in the development and production of batteries and information electronic (I/E) materials. It operates through the following business areas: Exploration and Production, Battery, and I/E Materials. The Exploration and Production business develops and secures energy resources such as liquefied natural gas, crude oil, and coal. The Battery business provides cell, module, pack, and battery management system. The I/E Material business offers lithium ion battery separator, tri-acetate cellulose film, and flexible copper clad laminate. The company was founded on July 3, 2007 and is headquartered in Seoul, South Korea.

Company background

SK Innovation is a leading oil and chemical company in South Korea, and a core business of the SK group, the country's third-largest conglomerate. It deals with a wide range of businesses, from petroleum development to batteries and information electronics materials. It has also extended its efforts to the development of nonconventional energy resources, such as shale-derived resources.

The company's origins date back to the establishment of Korea Oil, the country's first oil refining company, in 1962. In addition to the business of its own, SK Innovation has widened its business through its subsidiaries. These include: SK Energy for oil refinery and wholesale; SK Lubricants for production of lubricating oil for leading automakers worldwide, including BMW of Germany; and SK Global Chemical for chemical products.

The company is engaged in a large-scale project in the U.S. state of Oklahoma, where it has acquired a stake in an oil producing field. As the first attempt ever among South Korean businesses, the company is preparing to produce oil and gas from the field's shale layers. The company expects the production of shale-derived energy to eventually reach about 15% of total capacity in the field.

The company is also actively involved in new businesses. It has signed with Chinese businesses, including a leading automaker, to form a joint venture in China to produce battery packs for electric vehicles, with a capacity target of 20,000 units by 2017.

In addition, SK Global Chemical has agreed with Saudi Basic Industries to launch a joint effort to produce and market Nexlene, a high-performance polyethylene originally developed using SK's own technology.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 39,520.53B
Gross profit 4,911.47B
Operating income 3,228.33B
Income before tax 2,337.98B
Net income 1,671.33B
EBITDA 4,142.69B
Diluted EPS 17,934
Dividends per share 6,400
Total assets 32,581.33B
Total liabilities 14,276.28B
Total equity 17,103.15B
Operating cash flow 3,518.19B

Currency in KRW

Revenue 34,063.86M
Gross profit 4,233.33M
Operating income 2,782.59M
Income before tax 2,015.17M
Net income 1,440.57M
EBITDA 3,570.70M
Diluted EPS 15.45
Dividends per share 5.51
Total assets 26,975.76M
Total liabilities 11,820.07M
Total equity 14,160.58M
Operating cash flow 3,032.43M

Currency in USD

Valuation measures

Dec 2016

PER 8.16
ROA 5.22%
ROE 10.13%
Operating margin 8.16%
Profit margin 4.22%

Key executive

  • Vice Chairman & Chief Executive Officer: Chul-Khil Chung
  • Head-Operational Support: Jong-Rin Park
  • Head-Finance: Jin-Seok Cha
  • Head-Technology Strategy: Seung-Hwan Choi
  • Executive Board Member: Young-Gyun Jeong

Share holders

  • SK Holdings Co., Ltd.(33.4%)
  • National Pension Service of Korea(10.0%)
  • The Vanguard Group, Inc.(1.5%)
  • BlackRock Fund Advisors(1.4%)
  • Dimensional Fund Advisors LP(1.4%)
  • JXTG Holdings, Inc.(0.9%)
  • Norges Bank Investment Management(0.9%)
  • APG Asset Management NV(0.7%)
  • Schroder Investment Management Ltd.(0.6%)
  • SK Innovation Co., Ltd.(0.5%)

Address

  • Website: http://www.SKinnovation.com
  • Address: SK Building, 26 Jong-ro, Seoul, 03188, South Korea
  • Phone: +82.2.2121.5114

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