South Korea’s 10 Biggest Companies

As Asia ’ s fourth-largest economy, South Korea is a major player among the earth ’ s top exporting nations.Exports made up 53 percentage of the korean economy in 2011, according to the World Bank. That ’ sulfur one of the highest rates globally — a lot higher than 29 percentage for the global ’ s second largest economy China and 12 percentage for emerging grocery store Brazil. south korean exports besides grew 19 percentage last year.With this in mind, we take a search at the 10 biggest-listed south korean companies by commercialize capital thursday photograph : Jung Yeon-Je| AFP | Getty Images

As Asia ’ s fourth-largest economy, South Korea is a major player among the world ’ s top exporting nations.

Exports made up 53 percentage of the korean economy in 2011, according to the World Bank. That ’ mho one of the highest rates globally, and much more than the world ‘s No. 2 economy, China ( 29 percentage ) and emerging-market dynamo Brazil ( 12 percentage ). south korean exports grew 19 percentage last class.

here ‘s a attend at the 10 biggest-listed south korean companies by market hood that have benefited from the country ’ s export smash.

All of them are listed on the Korea Composite Stock Price Index, KOSPI. Rankings are based on market ceiling as of July 10, 2012.

Some of the companies on our tilt are ball-shaped brands, while others aren ’ thymine well known outside of Asia.

Click ahead to find out.

By Rajeshni Naidu-GhelaniPosted July 20, 2012

10. SK Hynix

market detonator : $ 16.4 billionPE : NASK Hynix, once known as Hynix Semiconductor, is the worldly concern ’ s second largest memory chipmaker.The company was founded in 1983 and changed its name to SK Hynix after SK Telecom completed a $ 2.98 billion deal in February to buy an over 21 percentage bet on in the firm. Since then, South Korea ’ s third largest conglomerate SK Group Chairman Chey Tae-won has been named co-Chief executive of the company.Despite SK Hynix ’ s big position in the semiconductor device commercial enterprise, thyroxine photograph : Seokyong Lee | Bloomberg | Getty Images market cap : $ 16.4 billion
Price-Earnings Ratio, P/E : NA

SK Hynix, once known as Hynix Semiconductor, is the populace ’ s second largest memory chipmaker.

The ship’s company was founded in 1983 and changed its name to SK Hynix after SK Telecom paid $ 2.98 billion in February for a 21-percent stake in the firm.

Despite SK Hynix ’ s outstanding put in the semiconductor device business, the firm posted its one-third quarterly loss in April of $ 227.8 million, as slowing computer sales undercut chip prices. The stock is down about 11 percentage in the past 12 months to July 10.

market analysts are still positive on the neckcloth, with 26 out 46 polled calling for it to outperform ; 14 recommend it as a buy, according to Reuters.

The company has announced a issue of new initiatives recently in club to compete with technical school giants Samsung Electronics and Micron. last month, it announced the completion of a new semiconductor device note that would help meet rising demand for data-storage chips used in Apple ’ s smartphones and tablets. The move came after the firm ’ s $ 250 million coup d’etat of L_A_Media Devices ( LAMD ) to produce packaged chips. There have besides been reports for the past few months that SK Hynix is considering buying operations of bankrupt japanese chipmaker Elpida .

9. Shinhan Financial Group

market ceiling : $ 18.2 billionPE : 6.6Shinhan Financial Group, South Korea ’ south largest deposit services tauten, is the entirely fiscal company to make the list of the country ’ mho 10 largest firms.The group was founded in 2001 as a holding company for 11 subsidiaries that include Shinhan Bank ( primitively named Hanseong Bank ) — which is best known as the beginning bank in Korea — and Jeju Bank. The group besides has interests in asset management, and life insurance.Last year, the fast saw a major reorganization with the Ha photograph : SeongJoon Cho | Bloomberg | Getty Images market ceiling : $ 18.2 billion
P/E : 6.6

Shinhan Financial Group, South Korea ’ mho largest bank services fast, is the alone fiscal company to make the top-ten list.

The group was founded in 2001 as a holding ship’s company for 11 subsidiaries that include Shinhan Bank ( primitively named Hanseong Bank ) — which is best known as the first depository financial institution in Korea — and Jeju Bank.

The group besides has interests in asset management and life indemnity.

last class, the firm experienced a major reorganization with the appointment of new president Hang Dong-woo, after a public embezzlement scandal dented its image and led to the resignations of three top leaders. The group is besides among the nation ’ s four biggest banks that are presently being probed by authorities on how the key interest rate has been set.

market analysts expect the company to report an over 35 percentage refuse in internet net income in the moment quarter from a year earlier on the miss of gains from equity sales and an increase in administrative costs seen across south korean banks.

The stock has fallen 23.8 percentage in the 12 months to July 10. But 23 analysts out of 41 polled by Reuters think the company will outperform, with 10 calling it a buy and eight recommending it as a keep .

8. Samsung Life Insurance

commercialize capital : $ 18.8 billionPE : 19.6Samsung Life Insurance is biggest liveliness insurance company in South Korea with about 26 percentage of local market share.Founded in 1957, the insurance company ’ s increase accelerated after it was incorporated under Samsung Group in 1963. Its initial public offer in 2010, which raised $ 4.4 billion, catapulted the firm to the condition of one of South Korea ’ s most valuable companies. The insurance company ’ s top stockholder is Lee Kun-hee, South Korea ’ randomness rich man and former chief executive officer of rear firm Samsung photograph : Park Ji-Hwan | AFP | Getty Images market ceiling : $ 18.8 billion
PE : 19.6

Samsung Life Insurance is biggest liveliness insurance company in South Korea with about 26 percentage of local market share.

Founded in 1957, the insurance company ’ s growth accelerated after it was incorporated under Samsung Group in 1963. Its initial public offer in 2010, which raised $ 4.4 billion, catapulted the firm to the condition of one of South Korea ’ s most valuable companies. The insurance company ’ s acme stockholder is Lee Kun-hee, South Korea ’ mho deep serviceman and former chief executive officer of rear firm Samsung Group. The ship’s company is at the heart of a web of Samsung Group cross-shareholdings that have come into interrogate as Lee defends three lawsuits from relatives on his holdings in the conglomerate.

In a be active to expand into emerging markets, there were reports in May that Samsung Life was planning a partnership with Dubai sovereign fund — Investment Corporation of Dubai ( ICD ) — to sell life policy in the Middle East and union Africa.

The company ’ south stock is down 3.8 percentage in the 12 months to July 10, but that is the smallest decline among the list ’ s top 10 firms that saw a minus percentage change in a year. About 17 analysts out of the 31 polled by Reuters think the standard will outperform, while 12 consider it a buy .

7. Hyundai Heavy Industries

marketplace detonator : $ 19.8 billionPE : 8.2Hyundai Heavy Industries Co. is the earth ’ randomness largest shipbuilding company.The firm was initially created in 1947 as a structure clientele by Hyundai Group founder Chung Ju-yung and turned to shipbuilding in the 1970s. By 1974, the company had built the worldly concern ’ mho largest shipyard. In 2002, the tauten rip from the Hyundai Group and became a region of the Hyundai Heavy Industries Group, which now has subsidiaries in mastermind, heavy machinery, structure and greens east photograph : Getty Images market cap : $ 19.8 billion
P/E : 8.2

Hyundai Heavy Industries Co. is the universe ’ second largest shipbuilding company.

The tauten was started in 1947 as a construction occupation by Hyundai Group founder Chung Ju-yung, and moved into shipbuilding in the 1970s. By 1974, the company had built the world ’ second largest shipyard.

In 2002, the fast rip from the Hyundai Group and became a part of the Hyundai Heavy Industries Group, which now has subsidiaries in technology, heavy machinery, construction and green energy.

The ship’s company has announced a number of big deals recently, including a $ 1.2 billion transport order from Greece and three orders worth a total $ 600 million to build oil and boast rigs. It besides raised $ 614 million by selling 1.5 percentage of its 3.5 percentage stake in Hyundai Motor in July — marking South Korea ’ randomness biggest malcolm stock sale this year.

Nevertheless, the global shipbuilding industry has been suffering from flood and weak demand.

Hyundai Heavy Industries stock is down a whack 46.6 percentage as of the 12 months to July 10 — the biggest decline on our tilt.

But 23 out of the 37 analysts polled by Reuters think the breed will outperform ; 11 recommend it as a buy, while only 1 designates it a sell.

Pictured : A transport under construction at the Hyundai Heavy Industries dock in Ulsan, South Korea .

6. LG Chem

market cap : $ 20 billionPE : 12LG Chem is South Korea ’ randomness largest chemical maker and one of the leading suppliers of car batteries.The company was founded in 1947 as golden Chemical Industrial and merged with LG Petrochemical in 2007. It operates in two segments, one that produces petrochemicals, while the early produces electronic materials like rechargeable batteries for mobile phones, laptops and electric vehicles. Some of LG Chem ’ s noteworthy customers include GM, to which it supplies batteries for photograph : Dong-A Ilbo | AFP | Getty Images

market cap : $ 20 billion
P/E : 12

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

The caller was founded in 1947 as lucky Chemical Industrial and merged with LG Petrochemical in 2007. It operates in two segments —petrochemicals and electronic materials, such as rechargeable batteries for mobile phones, laptops and electric vehicles. LG Chem ’ s noteworthy customers include GM, to which it supplies batteries for the car manufacturer ’ s circuit board hybrid, electric vehicle Volt.

In the past year, rising oil prices and slowing necessitate in China have hit LG Chem ’ s earnings unvoiced. The company posted a 45-percent worsen in first-quarter profit compared to a year earlier ; its second- quarter net profit fell 40 percentage to $ 327 million.

The firm ’ sulfur banal is down 39.7 percentage in the 12 months to July 10. But 26 out of the 42 analysts polled by Reuters say the caller will outperform ; 14 consider it a buy.

Pictured : south korean President Lee Myung-Bak ( 2nd L ) looks at an electric car at a LG Chem ‘s car battery implant in Ochang, South Korea .

5. Hyundai Mobis

market cap : $ 26.1 billionPE : 8.2Seoul-based Hyundai Mobis, a subsidiary company of the Hyundai Motor Group, is the nation ’ s leading godhead of car parts.Founded in 1977 as Hyundai Precision Industry to produce containers, the company turned its concentrate to the car sector and launched the Galloper sword of vehicles in the 1990s. But after the asian fiscal crisis later in the decade, the firm reorganized itself as an car parts specialist. It provides car parts to South korean carmakers Hyundai an photograph : Seokyong Lee | Bloomberg | Getty Images market crown : $ 26.1 billion
P/E : 8.2

Seoul-based Hyundai Mobis, a subsidiary company of the Hyundai Motor Group, is the country ’ randomness leading manufacturer of car parts.

Founded in 1977 as Hyundai Precision Industry to produce containers, the company turned its focus to autos and launched the Galloper post of vehicles in the 1990s.

After the asian fiscal crisis, however, the firm reorganized itself as an car parts specialist. It provides car parts to South korean carmakers Hyundai and Kia and external ones like Subaru and Mitsubishi.

Earlier this year, it signed a $ 1.07 billion deal to supply parts to General Motors and Chrysler.

The company ’ second lineage is devour 35 percentage as of the 12 months to July 10, even though the tauten reported an a 17-percent startle in first-quarter net profit to $ 828.7 million.

About 29 of the 46 analysts polled by Reuters think the broth will outperform ; 15 view it a bargain.

Pictured : Hyundai Mobis employees assemble an car chassis at a plant in Asan, South Korea .

4. Kia Motors

marketplace cap : $ 29.2 billionPE : 16Kia Motors is South Korea ’ s second largest car manufacturer and a subordinate of the Hyundai Motor Group.Founded in 1944 as a manufacturer of steel tube and bicycle parts, the company started making vehicles in 1957. During the asian fiscal crisis, Kia declared bankruptcy, which led Hyundai Motor to acquire a 51 percentage bet on in the firm. Since then, the car manufacturer has gone on to expand globally with manufacture plants in the U.S., Europe and China.Tapping in to the photograph : Getty Images grocery store capital : $ 29.2 billion
P/E:16

Kia Motors is South Korea ’ s second-largest car manufacturer and a subordinate of the Hyundai Motor Group.

Founded in 1944 as a manufacturer of sword tube and bicycle parts, the company started making vehicles in 1957.

During the asian fiscal crisis, Kia declared bankruptcy, which led Hyundai Motor to acquire a 51-percent impale in the tauten. Since then, the car manufacturer has gone on to expand globally with manufacture plants in the U.S., Europe and China.

Tapping in to the worldly concern ’ s largest car market, Kia ’ s China sales jumped over 30 percentage in 2011. The caller is planning to open its third gear factory in China this class to increase annual capacitance by 200,000 units to 730,000 units by 2014.

In Europe, Kia Slovakia recently reported a 10- percentage increase in product of 149,000 cars in first six months of the year.

Kia US sales jumped closely 18 percentage in the first one-half of the year, versus a year ago.

still, Kia ‘s store is down 5.7 percentage, as of the 12 months to July 10. Some 29 of 49 analysts polled by Reuters say the stock will outperform ; 18 recommend it as a buy.

Pictured : Kia ‘s Naimo concept car at the International Consumer Electronics Show in Las Vegas .

3. POSCO

commercialize capital : $ 32.6 billionPE : 9.1POSCO is the universe ’ s fourth biggest steelmaker and backed by billionaire investor Warren Buffett.The company was founded in 1968 as a joint venture between the south korean government and tools manufacturer TaeguTec. It has since gone on to produce over 33 million tons of steel nowadays and has expanded internationally with a joint venture with U.S. Steel called USS-POSCO in California. This year the company besides expects to break grind on its plan $ 12 billion ste photograph : Park Ji-Hwan | AFP | Getty Images market cap : $ 32.6 billion
P/E : 9.1

POSCO is the populace ’ s fourth-biggest steelmaker, and backed by billionaire investor Warren Buffett.

The company was founded in 1968 as a joint venture between the south korean politics and tools manufacturer TaeguTec. It has since gone on to produce over 33 million tons of steel and has a joint venture with U.S. Steel called USS-POSCO in California. This year the company expects to break grind on a $ 12-billion steel factory undertaking in India ’ s easterly Orissa department of state.

POSCO has, however, like early global steelmakers been hit hard by slowing demand, lower product prices and higher raw-material costs. It posted a whopping 54 percentage drop in first gear quarter profit this year of $ 370.78 million. A senior POSCO administrator recently said in that he expects earnings to deteriorate further in the second half of the year.

Buffett ’ south Berkshire Hathaway owns around 5 percentage of POSCO shares. The ship’s company ’ sulfur breed is down 20.5 percentage in the 12 months to July 10. But 27 out of 45 analysts polled by Reuters placid think the stock will outperform ; 14 view it a bribe .

2. Hyundai Motor

market cap : $ 49.8 billionPE : 7.6Hyundai Motor is the world ’ second fifth biggest car manufacturer based on annual vehicle sales and the lead car manufacturer in South Korea.Founded in 1967, it launched the beginning korean passenger car — the Hyundai Pony — in 1976. By expanding its presence in key markets like China, the car manufacturer sold 4.06 million vehicles in 2011. Hyundai ’ s Genesis sedan was ranked the best mid-sized agio car in 2012 by J.D. Power and Associates. The Hyundai Elantra, interim, was titled North Amer photograph : denim Chung | Bloomberg | Getty Images market cap : $ 49.8 billion
P/E : 7.6

Hyundai Motor is the worldly concern ’ south fifth-biggest car manufacturer, based on annual vehicle sales, and the peak car manufacturer in South Korea.

Founded in 1967, it launched the first korean passenger cable car — the Hyundai Pony — in 1976. By expanding its presence in key markets like China, the car manufacturer sold 4.06 million vehicles in 2011.

Hyundai ’ s Genesis sedan was ranked the best mid-sized premium cable car in 2012 by J.D. Power and Associates, while the Elantra was named north american car of the year at the Detroit car show.

meanwhile, the car manufacturer is dealing with labor unrest over work conditions and pay. Employees staged their first strike in four years on July 13 after negotiations collapsed, which resulted in a loss of output worth $ 76.5 million over an eight-hour period. There are plans for newfangled strikes, which could besides affect affiliate Kia Motors.

The ship’s company ’ s sprout is down 7.7 percentage in the 12 months to July 10. But 29 of 50 analysts polled by Reuters expect the tauten to outperform ; 18 recommend it a bargain.

Pictured : An assembly line of the Hyundai Motor factory in Ulsan, South Korea .

1. Samsung Electronics

market cap : $ 165.2 billionPE : 10.9Samsung Electronics is the world ’ south biggest engineering fast by tax income, and by far the largest listed party in South Korea. Its market cap is more than three times bigger than the closest equal — Hyundai Motor — No. 2 on the list.The company is the flagship auxiliary of South Korea ’ s biggest clientele accumulate — Samsung Group, which has closely 80 affiliates. The family-run group has a significant impact on South Korea ’ randomness economy, account for about one fi

photograph : SeongJoon Cho | Bloomberg | Getty Images market cap : $ 165.2 billion
P/E : 10.9

Samsung Electronics is the worldly concern ’ randomness biggest technology firm by tax income, and by far the largest-listed party in South Korea. Its commercialize crown is more than three times larger than the closest rival — Hyundai Motor.

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

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

The firm ’ s irregular quarter profit is estimated to have hit a record $ 5.9 billion, powered by strong sales of its flagship Galaxy trade name of smartphones. It has besides launched an on-line music service to compete steer on with Apple ’ sulfur iPhones.

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

Pictured : J.K. Shin, president of the united states of fluid communications for Samsung Electronics, presents the Galaxy S III smartphone at a plunge consequence .

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