Samsung C&T Corp

Samsung C&T Corp maintains a conservative capital structure with a debt-to-equity ratio of 0.08 and a current ratio of 1.54. The balance sheet shows total assets of 86.5 trillion KRW against total liabilities of 36.6 trillion KRW, resulting in total equity of 49.9 trillion KRW. Long-term debt stands at 3.98 trillion KRW, while cash and equivalents total 3.46 trillion KRW. Despite the risk assessment flagging net cash as negative after subtracting total debt, the low leverage and strong liquidity position suggest manageable solvency risks.

Profitability metrics indicate modest returns, with a return on equity of 5.11% and a return on assets of 2.95%. The company generated net income of 2.44 trillion KRW on revenue of 40.74 trillion KRW, yielding an operating income of 3.31 trillion KRW. Gross profit was recorded at 7.69 trillion KRW. These returns are consistent with capital-intensive integrated energy operations, though specific cohort median comparisons are not provided in the input data to benchmark relative performance.

Revenue concentration and segment details are not explicitly broken down in the available data, but the classification as an Integrated Oil & Gas company implies exposure to both exploration/production and refining/marketing activities. The geographic exposure is not detailed, but as a Korean entity (K.KS), it likely has significant domestic and Asian operational presence. The lack of specific segment data limits the ability to assess concentration risk from specific business lines.

Growth trajectory analysis is constrained by the absence of historical period data in the input. The current financial snapshot provides a single-period view of revenue and net income, preventing a year-over-year or multi-year trend analysis. Without historical revenue or net income figures, the direction of growth cannot be determined from the provided data.

Risk assessment indicates medium liquidity risk and low dilution risk. A key flag notes that net cash is negative after subtracting total debt, which warrants monitoring despite the low debt-to-equity ratio. The dilution risk is low, supported by the fact that basic and diluted shares outstanding are identical at 1.47 million shares, indicating no significant convertible securities or options impacting the share count.

Recent events include strong analyst sentiment, with a mean recommendation of 1.65 (strong buy) and a mean price target of 568,437.50 KRW, significantly higher than the current market price of 228,500 KRW. The high price target is 700,000 KRW, and the low is 210,000 KRW. There are 7 strong buy and 13 buy ratings, with no hold ratings, suggesting widespread analyst confidence in the company's valuation upside. Competitor context lists Chevron, Shell, and BP, but no specific comparative metrics are provided.

Samsung C&T Corp (02826K.KS) has expanded its operating power asset portfolio with the addition of several notable facilities across Turkey, Saudi Arabia, and South Korea. The most significant recent developments include the commissioning of the 927.4 MW Yahsihan power station in Türkiye, which operates on natural gas, and the 1,040 MW Anin power station in South Korea, an ultra-supercritical coal facility. These additions mark a tangible increase in the company’s active energy infrastructure footprint. In Saudi Arabia, the company has also brought online assets associated with the Qurayyah CC power plant. These include a facility utilizing natural gas and fuel oil, as well as a separate 683.0 MW oil/gas power asset. The simultaneous recognition of these operating assets suggests a broadening of Samsung C&T’s involvement in fossil-fuel-based power generation in key Middle Eastern markets. The expansion is further complemented by the addition of the Cairos Solar and Storage solar farm, indicating a diversification into renewable energy storage solutions alongside traditional thermal power. This mix of coal, natural gas, fuel oil, and solar assets highlights a multi-faceted approach to power generation, balancing established fossil fuel technologies with emerging renewable infrastructure. While the company’s analyst coverage remains limited to two analysts and it holds no index memberships, these asset additions provide concrete operational milestones. The growth in operating capacity across diverse geographies and fuel types underscores Samsung C&T’s continued execution in the power sector, even in the absence of other material financial changes or shifts in major holder structures.

Analysts project 188.3% upside to a mean price target of 568,437.5 KRW, signaling strong market confidence.

Free cash flow surged 76.3% year-over-year to 2.63 trillion KRW, demonstrating robust cash generation capabilities.

Net income grew 10.5% annually over four years, reaching 2.44 trillion KRW in the latest fiscal period.

Operating income expanded 13.1% year-over-year to 3.31 trillion KRW, indicating improving core operational profitability.

Revenue declined 3.2% year-over-year to 40.74 trillion KRW, suggesting weakening top-line growth momentum.

Cash conversion ratio of 1.19 is below the cohort median of 1.75, highlighting weaker cash flow quality.

The company faces medium liquidity risk, which could constrain financial flexibility during market stress periods.

Revenue KRW 10.47T, +7,5% YoY; Operating income −0,6% YoY.

• ▍Revenue KRW 10.47T, +7,5% YoY
• ▍Operating income −0,6% YoY
• ▍Net income +15,2% YoY
• ▍Free cash flow +151,9% YoY
• ▍Net margin 8.1%

Revenue KRW 10.83T, +8,4% YoY; Operating income +45,7% YoY.

• ▍Revenue KRW 10.83T, +8,4% YoY
• ▍Operating income +45,7% YoY
• ▍Net income +64,9% YoY
• ▍Free cash flow +408,2% YoY
• ▍Net margin 7.3%

Revenue KRW 10.15T, −1,5% YoY; Operating income +34,9% YoY.

• ▍Revenue KRW 10.15T, −1,5% YoY
• ▍Operating income +34,9% YoY
• ▍Net income +26,4% YoY
• ▍Free cash flow +877,5% YoY
• ▍Net margin 5.6%

Revenue KRW 10.02T, −8,9% YoY; Operating income −16,4% YoY.

• ▍Revenue KRW 10.02T, −8,9% YoY
• ▍Operating income −16,4% YoY
• ▍Net income −38,8% YoY
• ▍Free cash flow −26,3% YoY
• ▍Net margin 3.5%

Revenue KRW 9.74T; Operating income KRW 724.75B.

• ▍Revenue KRW 9.74T
• ▍Operating income KRW 724.75B
• ▍Net margin 7.5%

Revenue KRW 9.99T; Operating income KRW 573.33B.

• ▍Revenue KRW 9.99T
• ▍Operating income KRW 573.33B
• ▍Net margin 4.8%

Revenue KRW 10.31T; Operating income KRW 736.23B.

• ▍Revenue KRW 10.31T
• ▍Operating income KRW 736.23B
• ▍Net margin 4.3%

Revenue KRW 11.00T; Operating income KRW 900.10B.

• ▍Revenue KRW 11.00T
• ▍Operating income KRW 900.10B
• ▍Net margin 5.2%

Revenue KRW 40.74T, −3,2% YoY; Operating income +13,1% YoY.

• ▍Revenue KRW 40.74T, −3,2% YoY
• ▍Operating income +13,1% YoY
• ▍Net income +9,4% YoY
• ▍Free cash flow +76,2% YoY
• ▍Net margin 6.0%

Revenue KRW 42.10T, +0,5% YoY; Operating income +0,8% YoY.

• ▍Revenue KRW 42.10T, +0,5% YoY
• ▍Operating income +0,8% YoY
• ▍Net income +0,5% YoY
• ▍Free cash flow −14,0% YoY
• ▍Net margin 5.3%

Revenue KRW 41.90T, −2,9% YoY; Operating income +15,1% YoY.

• ▍Revenue KRW 41.90T, −2,9% YoY
• ▍Operating income +15,1% YoY
• ▍Net income +8,5% YoY
• ▍Free cash flow +41,6% YoY
• ▍Net margin 5.3%

Revenue KRW 43.16T, +25,3% YoY; Operating income +112,0% YoY.

• ▍Revenue KRW 43.16T, +25,3% YoY
• ▍Operating income +112,0% YoY
• ▍Net income +25,0% YoY
• ▍Free cash flow −10,9% YoY
• ▍Net margin 4.7%