1. South Korea Stocks

  2. •

    Utilities

  3. •

    Gas distributors
SK Gas Co., Ltd.

SK Gas Co., Ltd.

KKRX:018670
259,000.00
KRW
-12,500.00
(-4.60%)
36,458.19EPS
5.88P/E
1.88TMarket Cap
Oct 30Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
753,260.06
664,414.09
456,061.63
589,524.89
711,215.02
767,421.36
551,836.76
493,427.99
723,613.29
898,745.02
779,075.09
790,629.58
854,136.16
990,663.81
Basic EPS, GAAP
11,563.61
10,891.43
7,735.89
19,050.74
11,417.51
6,686.14
17,779
29,674
27,773
28,644
35,241
21,618
26,176
35,520.79
Free Cash Flow per Basic Share
-3,472.51
-33,115.07
-75,419.03
-28,532.92
-24,439.94
-36,327.41
21,295.97
16,152.11
-65,724.37
-41,506.88
4,557.14
1,756.62
41,478.51
28,485.66
Dividend per Share
1,601.49
1,585.81
2,136.38
2,235.83
2,959.13
3,272.77
2,941.49
2,967.86
3,999.97
6,100.08
7,499.98
8,000.04
8,063.78
9,807.86
Book Value per Share
126,304.52
133,409.06
136,568.68
156,832.46
169,152.46
176,989.98
187,740.12
211,554.96
235,916.72
260,822.63
287,583.18
309,598.47
325,700.84
420,202.99
Tangible Book Value per Share
124,444.13
99,166.01
101,697.7
121,741.12
134,654.5
146,636.27
175,190.77
199,083.38
222,591.81
247,928.96
275,015.62
295,718.7
312,645.08
406,927.92
Basic Weighted Avg Shares
9
9
9
9
9
9
9
9
9
9
9
9
9
9
Sales/Revenue/Turnover
6,672,247
5,943,465
4,078,986
5,271,549
6,358,897
6,859,164
4,931,074
4,412,319
6,494,513
8,066,169
6,992,257
7,095,902
7,676,319
8,917,191
Operating Margin (%)
1.85
2.02
2.43
3.75
1.54
1.5
3.84
4.31
1.62
4.84
4.34
4.05
5.77
4.41
Depreciation Expense
36,790
38,376
44,794
54,008
48,379
57,604
99,988
107,718
107,995
108,043
107,708
163,489
262,038
277,692
Net Income, GAAP
102,428
97,428
69,189
170,352
102,083
59,760
158,869
265,350
249,266
257,078
316,291
194,022
235,250
319,731
Effective Tax Rate (%)
20.38
21.29
20.93
21.24
33.37
169.9
- -
34.92
24.37
15.64
27.78
25.69
25.59
29.89
Profit Margin (%)
1.54
1.64
1.7
3.23
1.61
0.87
3.22
6.01
3.84
3.19
4.52
2.73
3.06
3.59
Working Capital
520,916
370,868
692,946
384,920
584,535
109,153
143,379
768,925
963,874
838,822
1,024,189
444,109
617,997
1,420,869
LT Debt
440,235
848,350
1,531,343
611,741
842,974
360,978
762,939
1,181,276
1,405,181
1,612,563
1,892,764
2,696,482
2,846,359
2,968,771
Total Equity
1,118,796
1,406,049
1,627,543
1,711,296
1,783,442
1,642,782
1,660,822
1,898,716
2,117,363
2,340,895
2,588,306
2,788,005
3,144,549
4,275,804
Return on Invested Capital (%)
4.71
3.85
2.41
4.46
1.87
-2.24
- -
3.46
1.89
6.74
4.14
3.51
4.75
3.39
Return on Capital (%)
5.83
4.55
2.71
5.24
2.18
1.2
- -
8.26
6.71
6.34
7.1
4.19
4.94
5.2
Return on Common Equity (%)
9.78
8.47
5.79
13.12
7.08
3.9
9.85
14.91
12.41
11.53
12.85
7.24
8.24
9.69

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,139,669
1,600,432
1,853,100
LT Borrowings
1,746,500
1,927,021
1,831,115
LT Finance Leases
1,099,859
1,072,938
1,137,656
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
9
9
Market Capitalization
2,022,760
2,425,316
1,884,354

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,512,989
3,590,542
4,592,069
Cash, Cash Equivalents & STI
819,992
1,211,716
2,417,526
Accounts Receivable, Net
866,193
1,087,772
1,016,440
Inventories
501,731
472,771
578,691
Total Current Liabilities
1,894,992
2,842,772
3,171,200
Payables & Accruals
- -
- -
- -
ST Debt
1,139,669
1,600,432
1,853,100
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.01%
10.63%
12.79%
Free Cash Flow
133.61%
309.36%
2,264.49%
Net Income, GAAP
30.02%
0.54%
21.25%
Sales/Revenue/Turnover
8.68%
13.55%
8.18%
Total Cash Common Dividend
15.67%
23.66%
0.93%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,725,906
1,651,434
1,733,818
1,984,743
7,095,902
2025
1,827,031
1,880,349
1,950,226
2,018,714
7,676,319
2026
2,635,257
2,312,995
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,261
4,299
8,194
5,171.53
21,618
2025
10,345
6,370
12,484
-1,751.93
26,176
2026
28,857
-4,050
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
1,999.93
- -
8,000.04
2025
- -
- -
1,999.93
61.25
8,063.78
2026
367.02
7,365.06
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Byeong-Seok Yoon
Full Time Employees
662
Sector
Utilities
Industry
Gas distributors
Address
SK Chemicals Complex Seongnam-si GY South Korea 13493
IPO Date
Aug 27, 1997
Website
skgas.co.kr
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Business
SK Gas Co., Ltd. (018670.KS) imports, stores, distributes, and trades liquefied petroleum gas (LPG) primarily in South Korea and select international markets. The company supplies LPG for household, commercial, industrial, transport, and petrochemical uses; operates LPG import terminals in Ulsan and Pyeongtaek, as well as gas consignment storage facilities, LNG tank terminals, and LPG/LNG combined cycle power plants; provides propane dehydrogenation (PDH) to produce propylene from LPG and related polypropylene production; engages in global LPG trading through subsidiaries including SK Gas International Pte Ltd. and SK Gas Trading LLC; and develops fuel cell power generation and solar power facilities. Founded in 1985 and headquartered at ECO Hub, 332 Pangyo-ro, Seongnam-si, South Korea, SK Gas operates as a subsidiary of SK Discovery Co., Ltd., with approximately 610 employees serving domestic and overseas customers including oil refining, steel, paper, and ceramic industries. In recent developments, the company commenced operations of the world's first LPG/LNG combined cycle power plant in Ulsan by late 2024, alongside LNG import terminal expansions to position itself as a multi-utility provider of LPG, LNG, electricity, and steam. SK Gas International secured LNG supply arrangements supporting South Korea's Ulsan Gas Power Solution project in early 2025, enhancing carbon neutrality efforts. The firm continues advancing its gas chemical vertical integration through PDH operations and planned polypropylene joint ventures, while pursuing overseas opportunities such as PDH projects in Saudi Arabia.