1. South Korea Stocks

  2. •

    Non-energy minerals

  3. •

    Steel
SK oceanplant Co.,Ltd

SK oceanplant Co.,Ltd

KKRX:100090
9,990.00
KRW
-200.00
(-1.96%)
773.54EPS
19.36P/E
945.29BMarket Cap
Nov 18Next Earn
SK oceanplant Co.,Ltd
KRX:100090
(Korea Stock Exchange)

Recent

price

9,990.00

P/E

ratio

19.36

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
KRW
10,393.62
13,171.47
14,085.24
9,992.73
11,737.74
12,707.85
10,304.98
6,388.85
6,752.25
14,014.13
13,725.09
13,974.32
16,290.58
16,768.81
11,198.63
15,963.76
13,092.19
Revenue per Share
40.25
487.56
-42.87
-989.56
251.11
517.97
188.11
5,044.93
-2,126
-796
270
-1,404
524
1,041
277
625
781.37
Basic EPS, GAAP
-1,494.28
1,450.57
-2,131.1
193.34
24.8
194.58
564.93
-945.76
-3,170.94
569.17
-1,955.18
2,804.26
-1,177.94
-4,537.54
-275.11
-1,642.69
-2,209.28
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
18.37
47.99
73.15
- -
- -
- -
- -
- -
- -
Dividend per Share
1,905.16
2,438.48
3,835.21
2,852.54
3,087.7
3,613.84
3,789.77
8,382.66
5,644.96
4,828.78
4,805.3
3,839.26
9,782.52
11,734.33
11,973.91
13,037.27
13,415.93
Book Value per Share
1,901.03
2,373.27
3,779.24
2,800.36
3,039.65
3,509.11
3,723.45
8,324.48
5,604.62
4,787.47
4,765.55
3,772.68
9,691.23
11,643.89
11,919.76
12,997.69
13,382.07
Tangible Book Value per Share
15
15
15
15
15
15
17
19
21
27
31
36
42
55
59
60
62
Basic Weighted Avg Shares
152,577
192,692
206,396
146,249
171,655
192,360
173,052
123,069
143,966
384,532
427,239
503,060
691,830
925,836
662,616
965,388
812,769
Sales/Revenue/Turnover
5.32
9.09
3.88
-4.25
6.08
7.82
6.06
-17.04
-24.33
-5.35
6.8
5.26
10.49
8.22
6.32
6.18
8.52
Operating Margin (%)
6,748
7,486
8,520
9,302
9,052
8,859
8,354
11,520
21,873
21,035
19,380
19,240
11,407
18,602
29,268
18,312
16,522
Depreciation Expense
591
7,133
-628
-14,483
3,672
7,841
3,159
97,181
-45,329
-21,841
8,405
-50,542
22,253
57,475
16,390
37,796
48,508
Net Income, GAAP
- -
9.66
- -
- -
- -
- -
29.55
- -
- -
- -
- -
- -
19.49
8.8
4.4
18.34
16.61
Effective Tax Rate (%)
0.39
3.7
-0.3
-9.9
2.14
4.08
1.83
78.96
-31.49
-5.68
1.97
-10.05
3.22
6.21
2.47
3.92
5.97
Profit Margin (%)
-57,480
-88,426
-103,262
-106,299
-152,102
-137,808
-115,732
-97,556
-102,756
-162,272
-74,039
-194,474
-48,116
67,596
-30,755
8,302
-16,861
Working Capital
63,747
53,033
52,545
58,329
11,944
9,468
7,515
118,467
148,930
122,502
157,058
61,170
48,986
42,054
69,480
100,766
79,602
LT Debt
27,872
35,674
56,107
41,731
45,172
56,427
73,001
249,406
225,692
195,779
233,704
180,080
525,957
698,842
713,506
814,544
838,202
Total Equity
- -
10.91
- -
- -
- -
- -
3.91
- -
- -
- -
- -
- -
9.23
8.15
4.29
4.94
5.61
Return on Invested Capital (%)
- -
10.61
- -
- -
- -
- -
3.89
- -
- -
- -
- -
- -
6.09
9.2
3.82
4.92
5.16
Return on Capital (%)
2.18
22.45
-1.37
-29.61
8.45
15.43
4.88
82.89
-29.18
-15.4
5.54
-32.71
6.73
9.46
2.34
4.96
6.16
Return on Common Equity (%)

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
114,902
123,522
142,068
LT Borrowings
98,628
75,670
77,075
LT Finance Leases
2,138
2,824
2,527
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
62
62
62
Market Capitalization
1,265,182
1,677,538
945,294

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
233,078
220,008
264,278
Cash, Cash Equivalents & STI
23,859
22,987
41,309
Accounts Receivable, Net
49,278
6,758
43,501
Inventories
4,289
1,376
5,360
Total Current Liabilities
224,776
242,301
281,139
Payables & Accruals
- -
- -
- -
ST Debt
114,902
123,522
142,068
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
48.59%
43.65%
14.16%
Free Cash Flow
-0.95%
80.43%
510.27%
Net Income, GAAP
195.17%
-125.6%
130.61%
Sales/Revenue/Turnover
26.26%
21.27%
45.69%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
127,082
173,357
199,183
162,994
662,616
2025
257,136
240,625
293,156
174,472
965,388
2026
174,656
170,484
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
70
47
154
6.36
277
2025
74
144
184.43
218.8
625
2026
157.75
220
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Similar Companies
Tata Steel Limited (NSE:TATASTEEL)
JSW Steel Limited (NSE:JSWSTEEL)
Eregli Demir Ve Celik Fabrikalari T.A.S. (BIST:EREGL)
Kardemir Karabiik Demir celik Sanayi ve Ticaret A.S. Class D (BIST:KRDMD)
Steel Authority of India Limited (NSE:SAIL)
Vale S.A. (B3:VALE3)
Business
SK oceanplant Co., Ltd. SK oceanplant Co., Ltd. (100090.KS) manufactures heavy wall steel pipes, offshore wind power substructures, shipbuilding equipment, and marine fabrication plants primarily in South Korea. The company produces steel and stainless steel pipes including API 5L line pipes (grades B to X80), ASTM A252 welded and seamless steel pipe piles (grades 1-3), ASTM A671 electric-fusion-welded pipes for atmospheric and low temperature service, ASTM A672 pipes for high-pressure moderate temperature service, and JIS G 3444 carbon steel tubes for general structural purposes; shipbuilding products such as T BHD blocks, fore ship blocks, mid ship mega blocks, FWD blocks, crude oil tanker mega blocks, bulk carrier mega blocks, container transverse bulkheads, engine casings, and deck houses; oil and gas facilities encompassing jackets and topsides for platforms, deck module sub-structures for FPSO and TLP, SKID packages, bridge and flare boom structures, PLEMs, subsea structures, and turret structures; and offshore wind farm foundations comprising jackets and piles, tripod structures, mono-piles, and transition pieces. Founded in 1996 and headquartered in Goseong-gun, South Gyeongsang Province, South Korea, SK oceanplant Co., Ltd. operates factories in Goseong and Miryang, serving global markets in offshore wind power, shipbuilding, and energy infrastructure with customers including Orsted, CIP, and Corio Generation. In recent developments, the company, formerly Samkang M&T Co., Ltd., changed its name to SK oceanplant Co., Ltd. in February 2023 following its incorporation as a subsidiary of SK Ecoplant in August 2022; secured a KRW 390 billion order from CIP in 2024 for jacket foundations for the 495 MW Fengmiao 1 offshore wind farm in Taiwan, with manufacturing underway as of April 2025; formed a strategic partnership with Corio Generation in 2023 to advance global offshore wind substructures; acquired STX Shipbuilding & Marine Engineering's special vessel business in 2019 and Samgang S&C in 2017 to expand defense and shipbuilding capabilities; and continues to pursue sales of its stake by parent SK Ecoplant amid portfolio refocusing.