Asia300

CJ CheilJedang Corp.

South Korea

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Nov 23, 2017
Prev close: 407,000
Nov 23, 2017
Market cap:
Market cap(USD):
5,590.09B
5,150.25M
Shares: 14.49M

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 2016

  • Local currency
  • US Dollar
Revenue 14,563.25B
Gross profit 3,129.94B
Operating income 843,638.18M
Income before tax 528,382.40M
Net income 275,909.51M
EBITDA 1,374.91B
Diluted EPS 19,455.94
Dividends per share 2,500
Total assets 15,766.23B
Total liabilities 9,705.76B
Total equity 3,409.36B
Operating cash flow 636,867.53M

Currency in KRW

Revenue 12,552.47M
Gross profit 2,697.78M
Operating income 727.15M
Income before tax 455.42M
Net income 237.81M
EBITDA 1,185.07M
Diluted EPS 16.76
Dividends per share 2.15
Total assets 13,053.68M
Total liabilities 8,035.90M
Total equity 2,822.78M
Operating cash flow 548.93M

Currency in USD

Valuation measures

Dec 2016

PER 18.30
ROA 1.86%
ROE 8.42%
Operating margin 5.79%
Profit margin 1.89%

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.(36.7%)
  • National Pension Service of Korea(14.6%)
  • CJ CheilJedang Corp.(2.7%)
  • BlackRock Fund Advisors(1.4%)
  • The Vanguard Group, Inc.(1.3%)
  • Dimensional Fund Advisors LP(0.9%)
  • Norges Bank Investment Management(0.6%)
  • LEE JAY-HYUN(0.5%)
  • Mirae Asset Global Investments Co., Ltd.(0.4%)
  • JF Asset Management Ltd.(0.4%)

Address

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

Copyright © 2017 FactSet Research Systems Inc. All rights reserved.