South Korea’s Biggest Companies

Print This Article

10. SK Hynix

Market cap: $16.4 billion
Price-Earnings Ratio, P/E: NA

SK Hynix, formerly known as Hynix Semiconductor, is the world’s second largest memory chipmaker.

9. Shinhan Financial Group
Market cap: $18.2 billion
P/E: 6.6

Shinhan Financial Group, South Korea’s largest banking services firm, is the only financial company to make the top-ten list.

8. Samsung Life Insurance
Market cap: $18.8 billion
PE: 19.6

Samsung Life Insurance is biggest life insurer in South Korea with about 26 percent of local market share.

7. Hyundai Heavy Industries
Market cap: $19.8 billion
P/E: 8.2

Hyundai Heavy Industries Co. is the world’s largest shipbuilding company.

The firm was started in 1947 as a construction

6. LG Chem
Market cap: $20 billion
P/E: 12

LG Chem is South Korea’s largest chemical maker, and one of the leading suppliers of car batteries.

5. Hyundai Mobis
Market cap: $26.1 billion
P/E: 8.2

Seoul-based Hyundai Mobis, a subsidiary of the Hyundai Motor Group, is the country’s leading maker of auto parts.

4. Kia Motors
Market cap: $29.2 billion
P/E:16

Kia Motors is South Korea’s second-largest automaker and a subsidiary of the Hyundai Motor Group.

3. POSCO
Market cap: $32.6 billion
P/E: 9.1

POSCO is the world’s fourth-biggest steelmaker, and backed by billionaire investor Warren Buffett.
2. Hyundai Motor
Market cap: $49.8 billion
P/E: 7.6

Hyundai Motor is the world’s fifth-biggest carmaker, based on annual vehicle sales, and the top automaker in South Korea.

Samsung Electronics is the world’s biggest technology firm by revenue, and by far the largest-listed company in South Korea. Its market cap is more than three times larger than the closest rival — Hyundai Motor.

It was founded in 1969 and is the now the world’s biggest maker of memory chips, smartphones and televisions.

Samsung Electronics is the flagship subsidiary of South Korea’s biggest business conglomerate — Samsung Group — which has nearly 80 affiliates. The family-run group has a significant impact on South Korea’s economy, accounting for about one fifth of the country’s GDP.

The firm’s second quarter profit is estimated to have hit a record $5.9 billion, powered by strong sales of its flagship Galaxy brand of smartphones. It has also launched an online music service to compete head on with Apple’s iPhones.

Samsung Electronics is the only stock among South Korea’s top-10 companies to rise the last 12 months to July 10, gaining 27.2 percent. About 30 out of 52 analysts polled by Reuters think the company will outperform; 21 say it’s a buy.

Source

  Article "tagged" as:
  Categories: