Asia300

CJ CheilJedang Corp.

South Korea

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Feb 22, 2018
Prev close: 335,500
Feb 22, 2018
Market cap:
Market cap(USD):
4,603.98B
4,246.23M
Shares: 14.50M

Currency in KRW

Company profile

Market(Ticker): KRX(097950)
Sector:
Industry:
Consumer Non-Durables
Food: Major Diversified
Full time employees: --

Business summary

CJ CheilJedang Corp. engages in the development, production, and sale of processed foods. It operates through the following Business Divisions: Food, Life Science, and Logistics. The Food division provides sugar, flour, oil, and others. The Life Science division offers pharmaceuticals. The Logistics division provides delivery and loading and unloading services. The company was founded on September 4, 2007 and is headquartered in Seoul, Korea.

Company background

CJ Cheiljedang is the largest comprehensive food company in South Korea. As a core unit of the CJ group, one of the country's hefty conglomerates, it handles products like seasonings, flour and processed foodstuffs. Annual sales exceed 10 trillion won.

CJ Cheiljedang began expanding overseas decades ago by promoting amino acid products, involving key nutrients like lysine and threonine. More recently, though, it began selling food products in foreign markets.

CJ Cheiljedang began as a sugar company in 1953. According to information released by the company for investor relations, it now has four divisions -- Bio & Pharma, which includes amino acid and pharmaceutical operations; Food, which consists of sugar, seasonings, processed food and other products; Feed & Livestock, including farm management and fodder; and Logistics, undertaken by a subsidiary, CJ Korea Express.

CJ Cheiljedang has numerous long-selling products in its food pantry, such as Dashida seasonings and Hetbahn retort rice. Widely known in South Korea, CJ Cheiljedang always ranks high in surveys of companies university students wish to join after graduation.

The company began its overseas amino acid operations in 1988, when it concluded a deal to build a plant in Indonesia.

CJ Cheiljedang is now developing other Asian markets. Earlier this year, it began operating a flour mill, jointly set up with Japanese trading house Sumitomo Corp., in Vietnam's Ba Ria-Vung Tau Province. The plant will initially produce 100,000 tons of wheat flour and 10,000 tons of premix flour per year. CJ Cheiljedang will sell the products via Sumitomo to Vietnamese noodle- and bread-makers.

In the news

Financial highlights

Dec 2017

  • Local currency
  • US Dollar
Revenue 16,477.2B
Gross profit 3,554.7B
Operating income 776,600M
Income before tax 584,300M
Net income 370,155M
EBITDA --
Diluted EPS --
Dividends per share 3,000
Total assets 16,868.2B
Total liabilities 10,724.3B
Total equity 3,375B
Operating cash flow --

Currency in KRW

Revenue 14,575.01M
Gross profit 3,144.33M
Operating income 686.94M
Income before tax 516.84M
Net income 327.42M
EBITDA --
Diluted EPS --
Dividends per share 2.65
Total assets 15,756.57M
Total liabilities 10,017.56M
Total equity 3,152.58M
Operating cash flow --

Currency in USD

Valuation measures

Dec 2017

PER 14.34
ROA 2.26%
ROE 10.91%
Operating margin 4.71%
Profit margin 2.24%

Key executive

  • Co-Chief Executive Officer & Director: Kyung-Shik Son
  • Vice Chairman & Co-Chief Executive Officer: Cheol-Ha Kim
  • Head-Materials Operations: Seong-Su Lee
  • Managing Director & Head-Finance: Jong-Hwan Shin
  • Managing Director, Head-Global R & D: Gi-Mun Gang

Share holders

  • CJ Corp.(36.6%)
  • CJ CheilJedang Corp.(16.9%)
  • National Pension Service of Korea(13.7%)
  • BlackRock Fund Advisors(1.5%)
  • The Vanguard Group, Inc.(1.3%)
  • Dimensional Fund Advisors LP(0.9%)
  • Norges Bank Investment Management(0.6%)
  • Samsung Asset Management Co., Ltd.(0.5%)
  • LEE JAY-HYUN(0.5%)
  • Mirae Asset Global Investments Co., Ltd.(0.5%)

Address

  • Website: http://www.cj.co.kr
  • Address: CJ Cheiljedang Center, 330 Dongho-ro, Seoul, 04560, South Korea
  • Phone: +82.2.6740.1114

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