Asia300

SK Holdings Co., Ltd.

South Korea

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Oct 18, 2017
Prev close: 302,500
Oct 18, 2017
Market cap:
Market cap(USD):
21,382.49B
18,924.23M
Shares: 70.92M

Currency in KRW

Company profile

Market(Ticker): KRX(034730)
Sector:
Industry:
Technology Services
Information Technology Services
Full time employees: --

Business summary

SK Holdings Co., Ltd. engages in provision of information technology(IT) services. It operates through the holding and IT business divisions. The holding division provides management training services. IT business division offers system integration and IT outsourcing services. The company was founded on April 13, 1991 and is headquartered at Seoul, South Korea.

Company background

As the holding company of SK group, South Korea's third-largest conglomerate, SK Holdings owns significant stakes in petrochemical producer SK Innovation, mobile carrier SK Telecom and contractor SK Engineering & Construction. The holding company also has its own information technology services.

Taiwan's Hon Hai Precision Industry, better known as Foxconn Technology Group, owns 3.5% of SK Holdings.

In August 2015, IT company SK C&C, the group's de facto holding company, merged with an intermediate holding company to simplify the ownership structure. Group Chairman Chey Tae-won has a 23% stake in the new entity, SK Holdings.

In addition to IT services, such as the system integration and outsourcing provided by SK C&C, the company is aggressively pursuing new services such as cloud computing, the "Internet of Things" and big data. It also sells used cars and cellphones.

Through a capital and business alliance with Foxconn, SK Holdings provides IT services to help streamline production at Foxconn plants. The group sees the relationship as its ticket into the Chinese market.

In May 2015, Foxconn and SK C&C formed a joint venture, FSK Holdings, in Hong Kong. In October, Foxconn and SK jointly acquired Hong Kong-listed Daiwa Associate Holdings, a maker of smart sensors.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 83,617.49B
Gross profit 9,503.43B
Operating income 5,309.41B
Income before tax 3,656.48B
Net income 775,768M
EBITDA 10,511.38B
Diluted EPS 13,576.83
Dividends per share 3,700
Total assets 103,047.33B
Total liabilities 60,720.61B
Total equity 13,112.35B
Operating cash flow 9,110.67B

Currency in KRW

Revenue 72,072.26M
Gross profit 8,191.27M
Operating income 4,576.33M
Income before tax 3,151.62M
Net income 668.65M
EBITDA 9,060.05M
Diluted EPS 11.70
Dividends per share 3.18
Total assets 85,318.20M
Total liabilities 50,273.72M
Total equity 10,856.39M
Operating cash flow 7,852.74M

Currency in USD

Valuation measures

Dec 2016

PER 16.90
ROA 0.77%
ROE 6.04%
Operating margin 6.34%
Profit margin 0.92%

Key executive

  • Chairman & Co-Chief Executive Officer: Tae-Won Chey
  • Co-Chief Executive Officer: Dong-Hyun Jang
  • Head-Finance Division: Kyung-Mok Cho
  • Executive VP & Head-Group Business Development: Young Sang Ryu
  • Head-CPR: Eui-Dong Jang

Share holders

  • CHEY TAE-WON(23.4%)
  • SK Holdings Co., Ltd.(20.6%)
  • National Pension Service of Korea(8.4%)
  • CHEY GI-WON(7.4%)
  • Hon Hai Precision Industry Co., Ltd.(3.4%)
  • Kuwait Investment Office(3.4%)
  • KB Financial Group, Inc.(2.4%)
  • Capital Research & Management Co. (World Investors)(1.3%)
  • The Vanguard Group, Inc.(1.1%)
  • BlackRock Fund Advisors(1.0%)

Address

  • Website: http://www.sk.co.kr
  • Address: 26 Jong-ro, Jongno-gu, Seoul, 03188, South Korea
  • Phone: +82.2.2121.5114

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