SK Innovation Co

SK Innovation Co Net Income 2024

SK Innovation Co Net Income

898.21 B KRW

SK Innovation Co Dividend yield

2.36 %

Ticker

096770.KS

ISIN

KR7096770003

In 2024, SK Innovation Co's profit amounted to 898.21 B KRW, a 255.47% increase from the 252.68 B KRW profit recorded in the previous year.

The SK Innovation Co Net Income history

YEARNET INCOME (undefined KRW)
2026e1.58
2025e1.7
2024e0.9
20230.25
20221.55
20210.29
2020-2.14
2019-0.04
20181.63
20172.08
20161.65
20150.8
2014-0.59
20130.72
20121.17
20113.13
20101.12
20090.66
20080.88
20070.33

SK Innovation Co Aktienanalyse

What does SK Innovation Co do?

SK Innovation Co Ltd is a South Korean company operating in the energy and chemical industries. Founded in 1962 as Korea Oil Corporation, the company is headquartered in Seoul and employs over 6,000 people. The company's business model is diverse. SK Innovation produces and distributes lithium-ion batteries for electric vehicles and offers a wide range of petrochemical, refinery, and processing products for various industries. The company is actively working to transition its oil and gas business to renewable energy sources. SK Innovation operates in four main business areas: petrochemicals, energy, batteries, and exploration & production. In the petrochemical sector, they produce products such as ethylene, propylene, and butadiene, which are used in industries such as automotive, construction, and packaging. The energy sector is an important focus for SK Innovation, with an emphasis on exploring and producing oil and gas reserves as well as renewable energy sources. In the battery division, SK Innovation manufactures lithium-ion batteries used in the automotive industry, as well as energy supply systems, industrial robots, and smartphones. SK Innovation is a major player in the global market for lithium-ion batteries for electric vehicles. The company has partnerships with various automobile manufacturers such as Mercedes-Benz, Hyundai-Kia, and Volkswagen to supply batteries for electric vehicles. Recently, SK Innovation received a major order from Volkswagen, including the construction of the world's largest battery factory in Europe. In recent years, SK Innovation has started to focus more on renewable energy sources. The company has announced plans to become carbon neutral by 2050 and intends to invest in the renewable energy sector in the coming years. They also plan to implement a corporate-wide sustainability strategy and develop sustainable business models to mitigate the environmental impacts of their operations. Overall, SK Innovation has become one of the world's leading companies in the energy and chemical industry. With its broad expertise in petrochemicals, energy, batteries, and exploration & production, the company offers a variety of products and services that can be utilized in various industries. SK Innovation aims for sustainable growth by increasing its focus on renewable energies and designing sustainable business models. SK Innovation Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding SK Innovation Co's Profit Margins

The profit margins of SK Innovation Co represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of SK Innovation Co's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating SK Innovation Co's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

SK Innovation Co's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When SK Innovation Co’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about SK Innovation Co Stock

How much profit has SK Innovation Co made this year?

SK Innovation Co has made 898.21 B KRW this year.

How has the profit developed compared to last year?

The profit has increased by 255.47% compared to last year increased

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does SK Innovation Co publish its earnings?

SK Innovation Co publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of SK Innovation Co?

The profits of SK Innovation Co are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of SK Innovation Co?

You can learn more about the earnings of SK Innovation Co by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does SK Innovation Co pay?

Over the past 12 months, SK Innovation Co paid a dividend of 2,508 KRW . This corresponds to a dividend yield of about 2.36 %. For the coming 12 months, SK Innovation Co is expected to pay a dividend of 0 KRW.

What is the dividend yield of SK Innovation Co?

The current dividend yield of SK Innovation Co is 2.36 %.

When does SK Innovation Co pay dividends?

SK Innovation Co pays a quarterly dividend. This is distributed in the months of January, July, January, January.

How secure is the dividend of SK Innovation Co?

SK Innovation Co paid dividends every year for the past 3 years.

What is the dividend of SK Innovation Co?

For the upcoming 12 months, dividends amounting to 0 KRW are expected. This corresponds to a dividend yield of 0 %.

In which sector is SK Innovation Co located?

SK Innovation Co is assigned to the 'Energy' sector.

Wann musste ich die Aktien von SK Innovation Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of SK Innovation Co from 4/26/2022 amounting to 2,508 KRW, you needed to have the stock in your portfolio before the ex-date on 12/29/2021.

When did SK Innovation Co pay the last dividend?

The last dividend was paid out on 4/26/2022.

What was the dividend of SK Innovation Co in the year 2023?

In the year 2023, SK Innovation Co distributed 0 KRW as dividends.

In which currency does SK Innovation Co pay out the dividend?

The dividends of SK Innovation Co are distributed in KRW.

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Andere Kennzahlen von SK Innovation Co

Our stock analysis for SK Innovation Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of SK Innovation Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.