Samsung Heavy Industries Co Ltd - Company Profile
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Samsung Heavy Industries Co Ltd (SHI) is a diversified company, which carries out shipbuilding, production facility development and digital shipbuilding system development activities. It manufactures crude oil tankers, container vessels, bulk carriers, material handling equipment and drill ships. It also offers civil, and engineering, architectural plant construction services. The company also carries out the development of automated system for ships and industries for shipbuilding, offshore and construction sectors. SHI also offers engineering, design, development, and after-sales service for offshore wind facilities. The company has operations in South Korea, China, Singapore, Malaysia, the US, Japan, India, the UK, Greece, Mozambique, and Nigeria. SHI is headquartered at Seongnam-si, South Korea.
Headquarters
South Korea
Address
23, Pangyo-Ro 227beon-Gil, Bundang-Gu, Seongnam, 13486
Website
www.samsungshi.com
Telephone
82 31 51717000
No of Employees
13,974
Industry
Transport and Logistics
Ticker Symbol & Exchange
010140 (KRX)
Revenue (2022)
$6.1B
34.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
76.1%
(2022 vs 2021)
Market Cap*
$5.7B
Net Profit Margin (2022)
XYZ
82.3%
(2022 vs 2021)
* As of and is in US$
Samsung Heavy Industries Co Ltd premium industry data and analytics
Products and Services
| Products |
|---|
| Crude Oil Tankers |
| Shuttle Tanker |
| Arctic Shuttle Tankers |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the company entered into a partnership with Black & Veatch to start the construction of Cedar LNG’s floating liquefaction facility to be located in Kitimat, British Columbia. |
| 2024 | Contracts/Agreements | In March, the company along with Century, Daewoo Engineering & Construction, Doosan Energy, HD Korea Shipbuilding & Marine Engineering, Hyundai Engineering, POSCO Engineering & Construction, and Hyundai Engineering & Construction signed a memorandum of understanding with South Korea’s Ministry of Science and ICT to form next-generation nuclear reactors. |
| 2024 | Contracts/Agreements | In March, the company signed a memorandum of understanding with Fortinet Inc. to accelerate maritime cybersecurity for ships. |
Competitor Comparison
| Key Parameters | Samsung Heavy Industries Co Ltd | Hanwha Ocean Co Ltd | HD Hyundai Mipo Co Ltd | Hanjin Heavy Industries & Construction Holdings Co., Ltd | SK Oceanplant Co Ltd |
|---|---|---|---|---|---|
| Headquarters | South Korea | South Korea | South Korea | South Korea | South Korea |
| City | Seongnam | Geoje | Ulsan | Namyangju | Goseong |
| No. of Employees | 13,974 | 13,199 | 3,593 | 8 | 306 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jung Jin-taek | Chief Executive Officer; Director | Executive Board | 2021 | - |
| Bae Jin-han | Chief Financial Officer; Director | Executive Board | 2019 | - |
| Yun Jong-hyeon | Chief Shipbuilding Officer; Director | Executive Board | 2021 | - |
| Lee Gi-gwon | Director | Non Executive Board | 2021 | - |
| Nam Ki-seop | Director | Non Executive Board | 2019 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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