List of largest companies of South Korea

This article lists the largest companies in South Korea in terms of their revenue, net profit and total assets, according to the American business magazines Fortune and Forbes.

Samsung headquarters in Seoul

2020 Fortune listEdit

This list displays all 14 Korean companies in the Fortune Global 500, which ranks the world's largest companies by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2019.[1] Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company.

Rank Fortune 500
rank
Name Industry Revenue
(USD millions)
Profits
(USD millions)
Employees Headquarters
1 19 Samsung Electronics Technology 197,705 18,453 287,439 Suwon
2 84 Hyundai Motor Automotive 90,740 2,557 114,032 Seoul
3 97 SK Holdings Holdings 86,163 616 108,911 Seoul
4 194 POSCO Steel 55,592 1,600 35,261 Seoul
5 207 LG Electronics Technology 53,464 27 74,000 Seoul
6 227 Korea Electric Power Corporation Utilities 50,257 −2,013 47,452 Naju
7 229 Kia Motors Automotive 49,894 1,567 52,448 Seoul
8 277 Hanwha Conglomerate 43,258 77 57,967 Seoul
9 385 Hyundai Mobis Automotive parts 32,649 1,966 32,065 Seoul
10 426 KB Financial Group Banking 29,470 2,842 26,702 Seoul
11 437 CJ Corporation Holdings 28,986 229 59,915 Seoul
12 447 GS Caltex Oil and Gas 28,541 388 3,283 Seoul
13 467 Samsung Life Insurance Insurance 27,291 839 5,346 Seoul
14 481 Samsung C&T Construction 26,396 901 16,580 Seoul

2020 Forbes listEdit

This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies. The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking. The table below also lists the headquarters location and industry sector of each company. The figures are in billions of US dollars and are for the year 2019. The 50 highest ranked companies from South Korea are listed.[2]

Rank Forbes
2000 rank
Name Headquarters Revenue
(billions
US$)
Profit
(billions
US$)
Assets
(billions
US$)
Value
(billions
US$)
Industry
1 16 Samsung Electronics Suwon 197,6 18.4 304.9 278.7 Technology
2 189 Hyundai Motor Seoul 90.5 2.3 163.3 20.1 Automotive
3 268 Shinhan Bank Seoul 33.9 1.3 477.7 11.7 Banking
4 278 KB Financial Group Seoul 37.3 2.7 449.9 11.1 Banking
5 296 SK Hynix Seoul 23.2 1.3 55.2 47.0 Technology
6 365 POSCO Seoul 53.2 1.3 67.6 12.1 Steel
7 417 Hyundai Mobis Seoul 31.9 1.8 38.7 13.2 Automotive parts
8 420 Hana Financial Group Seoul 28.3 2.1 364.5 6.6 Finance
9 478 Kia Motors Seoul 50.8 1.2 45.8 9.8 Automotive
10 510 Samsung C&T Seoul 25.7 1.0 34.8 14.3 Construction
11 529 Samsung Life Insurance Seoul 23.8 1.0 270.4 7.2 Insurance
12 541 SK Group Seoul 85.1 1.0 114.2 7.3 Conglomerate
13 594 Korea Electric Power Corporation Naju 50.7 −2.0 170.9 12.6 Utilities
14 613 Woori Financial Group Seoul 16.7 1.1 301.1 5.0 Finance
15 615 SK Telecom Seoul 15.2 1.0 38.6 12.7 Telecommunications
16 629 Industrial Bank of Korea Seoul 13.8 1.3 275.1 3.7 Banking
17 719 LG Chem Seoul 24.6 0.1 30.5 23.7 Chemicals
18 728 Samsung Fire & Marine Insurance Seoul 19.1 0.6 73.0 6.6 Insurance
19 770 LG Electronics Seoul 52.5 0.4 37.4 8.1 Technology
20 851 Hanwha Group Seoul 43.2 0.08 157.6 1.2 Conglomerate
21 929 SK Innovation Seoul 42.8 −0.03 34.2 7.1 Oil and gas
22 981 KT Corporation Seongnam 20.9 0.5 29.5 4.8 Telecommunications
23 1106 CJ Group Seoul 29.0 0.2 34.9 1.9 Retail
24 1119 Lotte Chemical Seoul 13.0 0.6 17.3 6.1 Chemicals
25 1120 LG Household & Health Care Seoul 6.5 1.0 5.4 19.1 Consumer goods
26 1141 LG Corporation Seoul 5.2 1.0 19.4 8.9 Conglomerate
27 1168 Korea Gas Corporation Daegu 21.4 0.03 34.0 1.9 Oil and gas
28 1191 GS Group Seoul 15.1 0.5 21.4 3.0 Conglomerate
29 1199 DB Insurance Seoul 13.1 0.3 47.6 2.3 Insurance
30 1210 Samsung SDI Seoul 8.6 0.3 17.2 15.7 Automotive
31 1226 LG Display Seoul 18.9 −2.5 29.5 3.2 Technology
32 1238 Naver Seongnam 5.8 0.5 10.6 23.5 IT services
33 1277 Hyundai Steel Incheon 17.0 −0.2 27.9 2.3 Steel
34 1285 Hyundai Marine & Fire Insurance Seoul 11.9 0.2 39.2 1.7 Insurance
35 1288 Lotte Shopping Seoul 15.1 −0.8 29.4 2.3 Retail
36 1293 Korea Investment Corporation Seoul 2.6 0.7 52.5 2.4 Finance
37 1302 Hyundai Heavy Industries Ulsan 21.8 −0.2 22.2 2.9 Heavy equipment
38 1310 Samsung SDS Seoul 9.0 0.5 7.4 10.3 IT services
39 1311 Mirae Asset Daewoo Seoul 3.9 0.5 113.5 3.2 Finance
40 1326 CJ CheilJedang Seoul 19.2 0.1 22.7 3.6 Food production
41 1331 Doosan Group Seoul 16.1 −0.2 25.2 0.6 Conglomerate
42 1383 Meritz Seoul 7.9 0.3 53.1 1.1 Insurance
43 1402 Meritz Securities Seoul 7.4 0.4 33.0 1.5 Finance
44 1418 Hyundai Engineering & Construction Seoul 14.8 0.4 15.8 3.2 Construction
45 1419 Busan Bank Busan 4.2 0.4 90.4 1.4 Banking
46 1446 S-Oil Seoul 20.4 −0.8 13.4 6.7 Oil and gas
47 1480 Korea Shipbuilding & Offshore Engineering Seoul 13.5 0.3 21.7 4.8 Capital Goods
48 1503 E-mart Seoul 16.3 0.2 18.2 2.7 Retail
49 1554 Korean Air Seoul 10.9 −0.5 23.4 1.6 Airline
50 1563 Korea Tobacco & Ginseng Corporation Daejeon 4.3 0.9 9.3 8.4 Consumer goods

See alsoEdit

ReferencesEdit

  1. ^ "Global 500". Fortune. Retrieved 2021-01-03.
  2. ^ "The World's Largest Public Companies". Forbes. Retrieved 2021-01-03.