SK Innovation Co Stock

SK Innovation Co ROA

The Return on Assets (ROA) of SK Innovation Co (096770.KS) as of Aug 23, 2026 is -2.02 %. In the previous year, Return on Assets (ROA) was 0.31 % — a change of -746.48% (lower).

ROA

-2.02 %

YoY

-746.48%

Last updated:

In 2026, SK Innovation Co's return on assets (ROA) was -2.02 %, a -746.48% increase from the 0.31 % ROA in the previous year.

The SK Innovation Co ROA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROA
Date
ROA
Jan 1, 2017
6.06 KRW
Jan 1, 2018
4.54 KRW
Jan 1, 2019
-0.10 KRW
Jan 1, 2020
-5.56 KRW
Jan 1, 2021
0.58 KRW
Jan 1, 2022
2.30 KRW
Jan 1, 2023
0.31 KRW
Jan 1, 2024
-2.02 KRW
The SK Innovation Co ROA history
YEARROAYoY
-2.02 %-746.48%
0.31 %-86.41%
2.30 %+296.08%
0.58 %-110.44%
-5.56 %+5,725.27%
-0.10 %-102.10%
4.54 %-25.06%
6.06 %+19.74%
5.06 %+97.41%
2.56 %-252.82%
-1.68 %
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SK Innovation Co Stock analysis

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 is one of the most popular companies on Eulerpool.

ROA Details

Understanding SK Innovation Co's Return on Assets (ROA)

SK Innovation Co's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing SK Innovation Co's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider SK Innovation Co's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in SK Innovation Co’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about SK Innovation Co stock

Return on Assets (ROA) of SK Innovation Co is -2.02 % in 2026.

Return on Assets (ROA) of SK Innovation Co changed from 0.31 % to -2.02 %, representing a -746.48% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Assets (ROA) SK Innovation Co since 2006 – with annual values, charts, and detailed analysis.

Return on Assets, also known as ROA, is a financial metric used to measure a company's profitability. It is used to determine how effectively a company uses its assets to generate profits. It is also referred to as the ratio of net income to total assets. ROA is an important indicator of a company's overall financial performance as it measures the company's ability to generate more profit from the assets it employs.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Assets (ROA)'s SK Innovation Co with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Assets (ROA)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Assets (ROA).

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Profitability — SK Innovation Co

All Key Metrics — SK Innovation Co