SK Telecom Co Ltd (017670) - Net Assets
Based on the latest financial reports, SK Telecom Co Ltd (017670) has net assets worth ₩12.96 Trillion KRW (≈ $8.78 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩30.11 Trillion ≈ $20.40 Billion USD) and total liabilities (₩17.15 Trillion ≈ $11.62 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check SK Telecom Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩12.96 Trillion |
| % of Total Assets | 43.03% |
| Annual Growth Rate | 3.06% |
| 5-Year Change | 5.03% |
| 10-Year Change | -19.61% |
| Growth Volatility | 13.37 |
SK Telecom Co Ltd - Net Assets Trend (2000–2025)
This chart illustrates how SK Telecom Co Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of SK Telecom Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for SK Telecom Co Ltd (2000–2025)
The table below shows the annual net assets of SK Telecom Co Ltd from 2000 to 2025. For live valuation and market cap data, see 017670 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ₩12.96 Trillion ≈ $8.78 Billion |
+9.53% |
| 2024-12-31 | ₩11.83 Trillion ≈ $8.02 Billion |
-3.28% |
| 2023-12-31 | ₩12.23 Trillion ≈ $8.29 Billion |
+0.60% |
| 2022-12-31 | ₩12.16 Trillion ≈ $8.24 Billion |
-1.46% |
| 2021-12-31 | ₩12.34 Trillion ≈ $8.36 Billion |
-49.44% |
| 2020-12-31 | ₩24.40 Trillion ≈ $16.53 Billion |
+6.89% |
| 2019-12-31 | ₩22.82 Trillion ≈ $15.47 Billion |
+2.12% |
| 2018-12-31 | ₩22.35 Trillion ≈ $15.15 Billion |
+23.96% |
| 2017-12-31 | ₩18.03 Trillion ≈ $12.22 Billion |
+11.87% |
| 2016-12-31 | ₩16.12 Trillion ≈ $10.92 Billion |
+4.83% |
| 2015-12-31 | ₩15.37 Trillion ≈ $10.42 Billion |
+0.83% |
| 2014-12-31 | ₩15.25 Trillion ≈ $10.33 Billion |
+7.64% |
| 2013-12-31 | ₩14.17 Trillion ≈ $9.60 Billion |
+10.20% |
| 2012-12-31 | ₩12.85 Trillion ≈ $8.71 Billion |
+0.96% |
| 2011-12-31 | ₩12.73 Trillion ≈ $8.63 Billion |
+2.04% |
| 2010-12-31 | ₩12.48 Trillion ≈ $8.46 Billion |
+1.09% |
| 2009-12-31 | ₩12.34 Trillion ≈ $8.37 Billion |
+4.40% |
| 2008-12-31 | ₩11.82 Trillion ≈ $8.01 Billion |
+1.11% |
| 2007-12-31 | ₩11.69 Trillion ≈ $7.93 Billion |
+29.28% |
| 2006-12-31 | ₩9.05 Trillion ≈ $6.13 Billion |
+9.78% |
| 2005-12-31 | ₩8.24 Trillion ≈ $5.58 Billion |
+18.36% |
| 2004-12-31 | ₩6.96 Trillion ≈ $4.72 Billion |
+8.91% |
| 2003-12-31 | ₩6.39 Trillion ≈ $4.33 Billion |
+2.55% |
| 2002-12-31 | ₩6.23 Trillion ≈ $4.22 Billion |
+2.31% |
| 2001-12-31 | ₩6.09 Trillion ≈ $4.13 Billion |
-0.04% |
| 2000-12-31 | ₩6.09 Trillion ≈ $4.13 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to SK Telecom Co Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 898.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩22.94 Trillion | 178.33% |
| Total Equity | ₩12.86 Trillion | 100.00% |
SK Telecom Co Ltd Competitors by Market Cap
The table below lists competitors of SK Telecom Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grupo Bimbo S.A.B. de C.V
MX:BIMBOA
|
$14.30 Billion |
|
Banco de Credito e Inversiones
SN:BCI
|
$14.33 Billion |
|
China Resources Microelectronics Ltd
SHG:688396
|
$14.33 Billion |
|
Rede D'Or São Luiz S.A.
SA:RDOR3
|
$14.34 Billion |
|
China CITIC Bank Corporation Limited
F:D7C
|
$14.29 Billion |
|
Ascendis Pharma AS
NASDAQ:ASND
|
$14.28 Billion |
|
Suncorp Group Ltd
AU:SUN
|
$14.28 Billion |
|
Pershing Square Inc.
NASDAQ:PS
|
$14.27 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SK Telecom Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,698,627,000,000 to 12,863,103,000,000, a change of 1,164,476,000,000 (10.0%).
- Net income of 408,410,000,000 contributed positively to equity growth.
- Dividend payments of 628,359,000,000 reduced retained earnings.
- Other factors increased equity by 1,384,425,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩408.41 Billion | +3.18% |
| Dividends Paid | ₩628.36 Billion | -4.88% |
| Other Changes | ₩1.38 Trillion | +10.76% |
| Total Change | ₩- | 9.95% |
Book Value vs Market Value Analysis
This analysis compares SK Telecom Co Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.64x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.39x to 1.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | ₩22532.49 | ₩99000.00 | x |
| 2001-12-31 | ₩20499.13 | ₩99000.00 | x |
| 2002-12-31 | ₩21514.42 | ₩99000.00 | x |
| 2003-12-31 | ₩27315.12 | ₩99000.00 | x |
| 2004-12-31 | ₩30708.47 | ₩99000.00 | x |
| 2005-12-31 | ₩35761.98 | ₩99000.00 | x |
| 2006-12-31 | ₩39343.56 | ₩99000.00 | x |
| 2007-12-31 | ₩51108.61 | ₩99000.00 | x |
| 2008-12-31 | ₩47689.02 | ₩99000.00 | x |
| 2009-12-31 | ₩49558.67 | ₩99000.00 | x |
| 2010-12-31 | ₩50375.03 | ₩99000.00 | x |
| 2011-12-31 | ₩55099.63 | ₩99000.00 | x |
| 2012-12-31 | ₩54709.69 | ₩99000.00 | x |
| 2013-12-31 | ₩63059.29 | ₩99000.00 | x |
| 2014-12-31 | ₩67341.49 | ₩99000.00 | x |
| 2015-12-31 | ₩70187.64 | ₩99000.00 | x |
| 2016-12-31 | ₩74484.10 | ₩99000.00 | x |
| 2017-12-31 | ₩83208.47 | ₩99000.00 | x |
| 2018-12-31 | ₩104774.26 | ₩99000.00 | x |
| 2019-12-31 | ₩104899.70 | ₩99000.00 | x |
| 2020-12-31 | ₩107387.13 | ₩99000.00 | x |
| 2021-12-31 | ₩34781.39 | ₩99000.00 | x |
| 2022-12-31 | ₩52018.60 | ₩99000.00 | x |
| 2023-12-31 | ₩53545.18 | ₩99000.00 | x |
| 2024-12-31 | ₩54952.45 | ₩99000.00 | x |
| 2025-12-31 | ₩60395.18 | ₩99000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SK Telecom Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.39%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 2.34x
- Recent ROE (3.18%) is below the historical average (13.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 16.27% | 13.10% | 0.67x | 1.85x | ₩373.86 Billion |
| 2001 | 21.28% | 13.69% | 0.63x | 2.47x | ₩607.77 Billion |
| 2002 | 27.01% | 15.95% | 0.66x | 2.58x | ₩936.89 Billion |
| 2003 | 33.12% | 19.15% | 0.74x | 2.33x | ₩1.44 Trillion |
| 2004 | 20.99% | 14.11% | 0.74x | 2.01x | ₩754.40 Billion |
| 2005 | 22.79% | 17.47% | 0.73x | 1.79x | ₩1.04 Trillion |
| 2006 | 15.59% | 13.16% | 0.68x | 1.74x | ₩496.20 Billion |
| 2007 | 14.42% | 13.72% | 0.63x | 1.67x | ₩505.74 Billion |
| 2008 | 11.42% | 8.67% | 0.62x | 2.11x | ₩150.87 Billion |
| 2009 | 11.18% | 8.57% | 0.63x | 2.08x | ₩131.71 Billion |
| 2010 | 12.18% | 8.94% | 0.68x | 2.00x | ₩247.05 Billion |
| 2011 | 13.83% | 10.09% | 0.66x | 2.09x | ₩446.70 Billion |
| 2012 | 9.72% | 7.07% | 0.64x | 2.16x | ₩-33.77 Billion |
| 2013 | 12.18% | 9.87% | 0.62x | 1.98x | ₩293.73 Billion |
| 2014 | 12.42% | 10.49% | 0.61x | 1.93x | ₩350.50 Billion |
| 2015 | 9.96% | 8.86% | 0.60x | 1.87x | ₩-6.50 Billion |
| 2016 | 10.49% | 9.81% | 0.55x | 1.96x | ₩78.83 Billion |
| 2017 | 14.57% | 14.84% | 0.52x | 1.87x | ₩815.62 Billion |
| 2018 | 13.92% | 18.54% | 0.40x | 1.89x | ₩880.80 Billion |
| 2019 | 3.88% | 5.02% | 0.40x | 1.94x | ₩-1.41 Trillion |
| 2020 | 6.34% | 8.08% | 0.39x | 2.02x | ₩-870.04 Billion |
| 2021 | 10.98% | 7.59% | 0.54x | 2.67x | ₩113.46 Billion |
| 2022 | 8.06% | 5.27% | 0.55x | 2.77x | ₩-219.43 Billion |
| 2023 | 9.60% | 6.21% | 0.58x | 2.64x | ₩-45.29 Billion |
| 2024 | 10.69% | 6.97% | 0.59x | 2.61x | ₩80.29 Billion |
| 2025 | 3.18% | 2.39% | 0.57x | 2.34x | ₩-877.90 Billion |
Industry Comparison
This section compares SK Telecom Co Ltd's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $3,164,552,320,889
- Average return on equity (ROE) among peers: 5.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SK Telecom Co Ltd (017670) | ₩12.96 Trillion | 16.27% | 1.32x | $14.29 Billion |
| Inscobee (006490) | $36.22 Billion | 7.05% | 0.91x | $25.21 Million |
| KT Corporation (030200) | $13.76 Trillion | 8.09% | 1.18x | $9.04 Billion |
| LG Uplus (032640) | $7.96 Trillion | 8.95% | 1.43x | $4.60 Billion |
| KTIS Corporation (058860) | $204.09 Billion | 6.82% | 1.19x | $54.99 Million |
| Wiable Corp (065530) | $69.90 Billion | 2.96% | 1.14x | $45.74 Million |
| Uangel (072130) | $35.42 Billion | -1.71% | 0.37x | $43.14 Million |
| Telcoware (078000) | $89.22 Billion | 6.23% | 0.25x | $50.15 Million |
About SK Telecom Co Ltd
SK Telecom Co., Ltd. engages in the provision of wireless telecommunication services in South Korea. The company operates through three segments: Cellular Services, Fixed-Line Telecommunications Services, and Other Businesses. The Cellular Services segment offers wireless voice and data transmission, cellular interconnection, Internet of Things solutions and enterprise communications, cloud, subs… Read more