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 list
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 list
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 |
References
- "Global 500". Fortune. Retrieved 2021-01-03.
- "The World's Largest Public Companies". Forbes. Retrieved 2021-01-03.
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