SK Telecom Co Ltd (017670) - Net Assets

Latest as of September 2025: ₩11.81 Trillion KRW ≈ $8.00 Billion USD

Based on the latest financial reports, SK Telecom Co Ltd (017670) has net assets worth ₩11.81 Trillion KRW (≈ $8.00 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩28.90 Trillion ≈ $19.58 Billion USD) and total liabilities (₩17.09 Trillion ≈ $11.58 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 financial resilience of SK Telecom Co Ltd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	₩11.81 Trillion
% of Total Assets	40.87%
Annual Growth Rate	2.8%
5-Year Change	-51.52%
10-Year Change	-23.07%
Growth Volatility	13.6

SK Telecom Co Ltd - Net Assets Trend (2000–2024)

This chart illustrates how SK Telecom Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore SK Telecom Co Ltd total assets for the complete picture of this company's asset base.

Annual Net Assets for SK Telecom Co Ltd (2000–2024)

The table below shows the annual net assets of SK Telecom Co Ltd from 2000 to 2024. For live valuation and market cap data, see 017670 market cap.

Year	Net Assets	Change
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	--

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 899.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	₩22.98 Trillion	196.40%
Total Equity	₩11.70 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
Wistron Corp TW:3231	$13.73 Billion
Host Hotels & Resorts Inc NASDAQ:HST	$13.73 Billion
ENKA Insaat ve Sanayi AS IS:ENKAI	$13.74 Billion
News Corporation AU:NWSLV	$13.74 Billion
SK Telecom Co Ltd ADR NYSE:SKM	$13.71 Billion
Union Bank of India NSE:UNIONBANK	$13.70 Billion
HDFC Life Insurance Company Limited NSE:HDFCLIFE	$13.69 Billion
LTIMindtree Limited NSE:LTM	$13.69 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 2023 to 2024, total equity changed from 11,389,046,000,000 to 11,698,627,000,000, a change of 309,581,000,000 (2.7%).
Net income of 1,250,155,000,000 contributed positively to equity growth.
Dividend payments of 804,317,000,000 reduced retained earnings.
Share repurchases of 15,788,000,000 reduced equity.
Other factors decreased equity by 120,469,000,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	₩1.25 Trillion	+10.69%
Dividends Paid	₩804.32 Billion	-6.88%
Share Repurchases	₩15.79 Billion	-0.13%
Other Changes	₩-120.47 Billion	-1.03%
Total Change	₩-	2.72%

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: 1.73x
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 4.22x to 1.73x 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	₩95100.00	x
2001-12-31	₩20499.13	₩95100.00	x
2002-12-31	₩21514.42	₩95100.00	x
2003-12-31	₩27315.12	₩95100.00	x
2004-12-31	₩30708.47	₩95100.00	x
2005-12-31	₩35761.98	₩95100.00	x
2006-12-31	₩39343.56	₩95100.00	x
2007-12-31	₩51108.61	₩95100.00	x
2008-12-31	₩47689.02	₩95100.00	x
2009-12-31	₩49558.67	₩95100.00	x
2010-12-31	₩50375.03	₩95100.00	x
2011-12-31	₩55099.63	₩95100.00	x
2012-12-31	₩54709.69	₩95100.00	x
2013-12-31	₩63059.29	₩95100.00	x
2014-12-31	₩67341.49	₩95100.00	x
2015-12-31	₩70187.64	₩95100.00	x
2016-12-31	₩74484.10	₩95100.00	x
2017-12-31	₩83208.47	₩95100.00	x
2018-12-31	₩104774.26	₩95100.00	x
2019-12-31	₩104899.70	₩95100.00	x
2020-12-31	₩107387.13	₩95100.00	x
2021-12-31	₩34781.39	₩95100.00	x
2022-12-31	₩52018.60	₩95100.00	x
2023-12-31	₩53545.18	₩95100.00	x
2024-12-31	₩54952.45	₩95100.00	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): 10.69%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 6.97%
• Asset Turnover: 0.59x
• Equity Multiplier: 2.61x
Recent ROE (10.69%) is below the historical average (14.12%), 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

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: $2,843,854,332,481
Average return on equity (ROE) among peers: 5.83%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
SK Telecom Co Ltd (017670)	₩11.81 Trillion	16.27%	1.45x	$13.73 Billion
Inscobee (006490)	$36.22 Billion	7.05%	0.91x	$38.95 Million
KT Corporation (030200)	$11.50 Trillion	10.16%	1.41x	$9.95 Billion
LG Uplus (032640)	$7.96 Trillion	8.95%	1.43x	$4.67 Billion
KTIS Corporation (058860)	$168.27 Billion	5.47%	0.85x	$59.66 Million
Wiable Corp (065530)	$70.95 Billion	4.24%	1.05x	$67.43 Million
Uangel (072130)	$69.46 Billion	0.00%	0.17x	$43.81 Million
Telcoware (078000)	$107.84 Billion	4.92%	0.10x	$59.14 Million

About SK Telecom Co Ltd

KO:017670 Korea Telecom Services

Market Cap

$13.73 Billion

₩20.25 Trillion KRW

Market Cap Rank

#1731 Global

#41 in Korea

Share Price

₩95100.00

Change (1 day)

-0.52%

52-Week Range

₩50700.00 - ₩100500.00

All Time High

₩100500.00