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List of largest companies of South Korea

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Corporate headquarter buildings of Big 4 Chaebol groups; Samsung, Hyundai Motors, SK, and LG (Clockwise from top left)

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

2023 Fortune list

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This list displays all 18 Korean companies in the Fortune Global 500, ranks the world's companies by revenue. The figures below are given in US dollars and are for the fiscal year 2022.[1]

National rank Global
rank
Name Industry Headquarters[2] Revenue
(US$ billions)
1 25 Samsung Electronics Technology Suwon, Gyeongggi 234.13
2 85 Hyundai Motor Automotive Seocho, Seoul 110.4
3 92 SK Holdings Jongno, Seoul 105.96
4 196 KIA Automotive Seocho, Seoul 67.06
5 201 POSCO Steel Pohang, Gyeongbuk 65.85
6 204 LG Electronics Technology Yeouido, Seoul 64.95
7 258 Korea Electric Power Corporation Utilities Naju, Jeonnam 54.65
8 296 Hanwha Holdings Jung, Seoul 48.25
9 301 HD Hyundai Holdings Seongnam, Gyeonggi 47.14
10 322 GS Caltex Petroleum Gangnam, Seoul 45.34
11 339 KB Financial Finance Yeouido, Seoul 43.62
12 371 LG Chem Chemicals Yeouido, Seoul 40.24
13 372 Hyundai Mobis Automotive parts Gangnam, Seoul 40.21
14 374 Korea Gas Natural gas Dong, Daegu 40.07
15 437 SK Hynix Technology Icheon, Gyeongggi 34.57
16 457 Samsung C&T Construction
Sogo shosha
Gangdong
Jung District, Seoul
33.44
17 481 CJ Corporation Holdings Jung, Seoul 31.7
18 496 Samsung Life Insurance Life insurance Seocho, Seoul 31.24

2023 Forbes list

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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 52 highest ranked companies from South Korea are listed.[3]

Rank Name Industry Headquarters[2] Sales Profit Assets Market Value
National Global (US$ billions)
1 14 Samsung Electronics Technology Suwon, Gyeongggi 220.07 34.49 348.81 334.31
2 104 Hyundai Motor Automotive Seocho, Seoul 114.55 7.02 203.07 38.94
3 256 KIA Automotive Seocho, Seoul 70.17 4.96 58.29 26.04
4 278 KB Financial Finance Yeouido, Seoul 44.38 3.31 557.09 14.15
5 279 SK Hynix Technology Icheon, Gyeongggi 34.53 1.73 82.14 46.11
6 299 POSCO Steel Pohang, Gyeongbuk 63.21 2.43 78.82 21.73
7 300 Shinhan Financial Group Finance Jung, Seoul 33.38 3.46 534.51 13.85
8 339 LG Chem Chemicals Yeouido, Seoul 41.81 1.39 53.76 43.26
9 420 Hana Financial Finance Jung, Seoul 29.41 2.8 449.88 9.17
10 464 Hyundai Mobis Automotive parts Gangnam, Seoul 40.17 1.92 43.82 15.14
11 513 Samsung C&T Construction
Sogo shosha
Gangdong
Jung District, Seoul
32.8 1.71 46.64 13.6
12 562 Woori Financial Finance Jung, Seoul 20.47 2.42 379.97 6.41
13 566 Samsung Life Insurance Life insurance Seocho, Seoul 23.15 1.23 249.47 9.07
14 590 Samsung SDI Battery Yongin, Gyeonggi 16.36 1.57 23.93 34.58
15 620 SK Holdings Jongno, Seoul 104.64 0.85 153.82 6.73
16 628 Industrial Bank of Korea Banking Yeouido, Seoul 15.9 2.17 341.62 6.04
17 631 Hanhwa Holdings Jung, Seoul 48.2 1.02 167 1.52
18 703 SK Innovation Petroleum Jongno, Seoul 61.8 0.55 55.25 11.57
19 718 Korea Gas Natural gas Dong, Daegu 40.02 1.16 49.37 1.75
20 730 HD Hyundai Holdings Seongnam, Gyeonggi 50.2 0.96 51.85 3.09
21 741 LG Electronics Technology Yeouido, Seoul 63.31 0.33 44.16 14.87
22 747 Korea Electric Power Energy Naju, Jeonnam 55.15 −18.94 185.69 9.22
23 790 Samsung Fire & Marine Insurance Property insurance Seocho, Seoul 16.46 0.99 68.41 7.29
24 825 HMM Maritime transport Yeouido, Seoul 14.38 7.78 20.54 7.41
25 842 GS Holdings Holdings Gangnam, Seoul 22.27 1.66 26.83 2.82
26 921 KT Telecommunications Seongnam, Gyeonggi 19.85 0.97 32.41 5.89
27 961 Meritz Financial Finance Gangnam, Seoul 10.7 0.8 72.87 7.11
28 1,004 DB Insurance Property insurance Gangnam, Seoul 13.68 0.76 50.04 3.64
29 1,037 E-mart Retail Jung, Seoul 22.7 0.78 26.26 1.98
30 1,057 S-Oil Petroleum Mapo, Seoul 32.25 1.14 15.57 6.37
31 1,140 Korean Air Airline Gangseo, Seoul 10.91 1.33 22.93 6.38
32 1,144 CJ Corporation Holdings Jung, Seoul 31.67 0.15 38.15 2.29
33 1,157 Hyundai Steel Steel Dong, Incheon 20.43 0.57 29.1 3.54
34 1,161 Naver Technology Seongnam, Gyeonggi 6.36 0.58 26.81 22.23
35 1,186 SK Telecom Telecommunications Jung, Seoul 13.39 0.69 24.76 7.93
36 1,281 Hyundai Glovis Logistics Seongdong, Seoul 20.61 0.9 11.23 4.72
37 1,303 CJ CheilJedang Food Jung, Seoul 23.28 0.46 23.73 3.75
38 1,318 LG Holdings Yeouido, Seoul 4.55 0.97 23.43 10.65
39 1,336 Korea Investment Finance Yeouido, Seoul 8.58 0.48 68.25 2.36
40 1,361 LG Display Technology Yeouido, Seoul 18.35 −3.24 28.22 3.96
34 1,371 Hyundai Marine & Fire Insurance Property insurance Jongno, Seoul 12.21 0.43 40.12 2.2
35 1,387 BNK Financial Finance Nam, Busan 5.5 0.59 108.64 1.63
36 1,456 Samsung SDS Technology Songpa, Seoul 12.56 0.84 9.24 6.93
37 1,459 LG Innotek Technology Gangseo, Seoul 15.16 0.75 7.94 4.64
38 1,522 Lotte Chemical Chemicals Songpa, Seoul 17.24 0.04 21.18 5.48
39 1,541 HD Korea Shipbuilding & Offshore Engineering Shipbuilding Seongnam, Gyeonggi 14.46 −0.05 23.63 4.42
40 1,554 Mirae Asset Financial Finance Jung, Seoul 3.14 0.49 84 3.06
41 1,621 Lotte Shopping Retail Jung, Seoul 11.98 −0.25 25.07 1.7
42 1,629 Doosan Holdings Jung, Seoul 13.74 −0.35 20.81 1.19
43 1,675 Daou Data Technology Mapo, Seoul 7.54 0.15 39.44 0.46
44 1,696 Hyundai Engineering & Construction Construction Jongno, Seoul 17.66 0.31 16.54 3.44
45 1,700 Kakao Technology Jeju, Jeju 5.49 0.1 18.16 18.89
46 1,730 DGB Financial Finance Buk, Daegu 4.23 0.3 72 0.88
47 1,732 Daou Technology Technology Seongnam, Gyeonggi 7.13 0.28 38.96 0.6
48 1,836 Samsung Electro-Mechanics Technology Suwon, Gyeongggi 7.29 0.75 8.7 7.87
49 1,860 JB Financial Finance Jeonju, Jeonbuk 2.52 0.44 47.31 1.22
50 1,909 LG Uplus Telecommunications Yongsan, Seoul 10.76 0.51 15.64 3.61
51 1,943 Korea Zinc Non-steel smelting Gangnam, Seoul 8.68 0.6 9.57 7.63
52 1,953 Kakao Bank Banking Seongnam, Gyeonggi 1.4 0.22 31.25 8.49

See also

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References

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  1. ^ "Leading South Korean companies on the Fortune Global 500 ranking in 2023, by revenue". Statista. 2023. Retrieved 2024-04-26.
  2. ^ a b "Corporate Disclosure Channel KIND". KIND. Korea Exchange. Retrieved 2024-04-26.
  3. ^ "The Global 2000". Forbes. Retrieved 2024-04-26.