List of largest companies of South Korea explained

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

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 rankGlobal
rank
NameIndustryHeadquarters[2] Revenue
(US$ billions)
125Samsung ElectronicsTechnologySuwon, Gyeongggi234.13
285Hyundai MotorAutomotiveSeocho, Seoul110.4
392SKHoldingsJongno, Seoul105.96
4196KIAAutomotiveSeocho, Seoul67.06
5201POSCOSteelPohang, Gyeongbuk65.85
6204LG ElectronicsTechnologyYeouido, Seoul64.95
7258Korea Electric Power CorporationUtilitiesNaju, Jeonnam54.65
8296HanwhaHoldingsJung, Seoul48.25
9301HD HyundaiHoldingsSeongnam, Gyeonggi47.14
10322GS CaltexPetroleumGangnam, Seoul45.34
11339KB FinancialFinanceYeouido, Seoul43.62
12371LG ChemChemicalsYeouido, Seoul40.24
13372Hyundai MobisAutomotive partsGangnam, Seoul40.21
14374Korea GasNatural gasDong, Daegu40.07
15437SK HynixTechnologyIcheon, Gyeongggi34.57
16457Samsung C&TConstruction
Sogo shosha
Gangdong
Jung District, Seoul
33.44
17481CJ CorporationJung, Seoul31.7
18496Samsung Life InsuranceLife insuranceSeocho, Seoul31.24

2023 Forbes list

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]

RankNameIndustryHeadquartersSalesProfitAssetsMarket Value
NationalGlobal(US$ billions)
114Samsung ElectronicsTechnologySuwon, Gyeongggi220.0734.49348.81334.31
2104Hyundai MotorAutomotiveSeocho, Seoul114.557.02203.0738.94
3256KIAAutomotiveSeocho, Seoul70.174.9658.2926.04
4278KB FinancialFinanceYeouido, Seoul44.383.31557.0914.15
5279SK HynixTechnologyIcheon, Gyeongggi34.531.7382.1446.11
6299POSCOSteelPohang, Gyeongbuk63.212.4378.8221.73
7300Shinhan Financial GroupFinanceJung, Seoul33.383.46534.5113.85
8339LG ChemChemicalsYeouido, Seoul41.811.3953.7643.26
9420Hana FinancialFinanceJung, Seoul29.412.8449.889.17
10464Hyundai MobisAutomotive partsGangnam, Seoul40.171.9243.8215.14
11513Samsung C&TConstruction
Sogo shosha
Gangdong
Jung District, Seoul
32.81.7146.6413.6
12562Woori FinancialFinanceJung, Seoul20.472.42379.976.41
13566Samsung Life InsuranceLife insuranceSeocho, Seoul23.151.23249.479.07
14590Samsung SDIBatteryYongin, Gyeonggi16.361.5723.9334.58
15620SKHoldingsJongno, Seoul104.640.85153.826.73
16628Industrial Bank of KoreaBankingYeouido, Seoul15.92.17341.626.04
17631HanhwaHoldingsJung, Seoul48.21.021671.52
18703SK InnovationPetroleumJongno, Seoul61.80.5555.2511.57
19718Korea GasNatural gasDong, Daegu40.021.1649.371.75
20730HD HyundaiHoldingsSeongnam, Gyeonggi50.20.9651.853.09
21741LG ElectronicsTechnologyYeouido, Seoul63.310.3344.1614.87
22747Korea Electric PowerEnergyNaju, Jeonnam55.15−18.94185.699.22
23790Samsung Fire & Marine InsuranceProperty insuranceSeocho, Seoul16.460.9968.417.29
24825HMMMaritime transportYeouido, Seoul14.387.7820.547.41
25842GS HoldingsHoldingsGangnam, Seoul22.271.6626.832.82
26921KTTelecommunicationsSeongnam, Gyeonggi19.850.9732.415.89
27961Meritz FinancialFinanceGangnam, Seoul10.70.872.877.11
281,004DB InsuranceProperty insuranceGangnam, Seoul13.680.7650.043.64
291,037E-martRetailJung, Seoul22.70.7826.261.98
301,057S-OilPetroleumMapo, Seoul32.251.1415.576.37
311,140Korean AirAirlineGangseo, Seoul10.911.3322.936.38
321,144CJ CorporationHoldingsJung, Seoul31.670.1538.152.29
331,157Hyundai SteelSteelDong, Incheon20.430.5729.13.54
341,161NaverTechnologySeongnam, Gyeonggi6.360.5826.8122.23
351,186SK TelecomTelecommunicationsJung, Seoul13.390.6924.767.93
361,281Hyundai GlovisLogisticsSeongdong, Seoul20.610.911.234.72
371,303CJ CheilJedangFoodJung, Seoul23.280.4623.733.75
381,318LGHoldingsYeouido, Seoul4.550.9723.4310.65
391,336Korea InvestmentFinanceYeouido, Seoul8.580.4868.252.36
401,361LG DisplayTechnologyYeouido, Seoul18.35−3.2428.223.96
341,371Hyundai Marine & Fire InsuranceProperty insuranceJongno, Seoul12.210.4340.122.2
351,387BNK FinancialFinanceNam, Busan5.50.59108.641.63
361,456Samsung SDSTechnologySongpa, Seoul12.560.849.246.93
371,459LG InnotekTechnologyGangseo, Seoul15.160.757.944.64
381,522Lotte ChemicalChemicalsSongpa, Seoul17.240.0421.185.48
391,541HD Korea Shipbuilding & Offshore EngineeringShipbuildingSeongnam, Gyeonggi14.46−0.0523.634.42
401,554Mirae Asset FinancialFinanceJung, Seoul3.140.49843.06
411,621Lotte ShoppingRetailJung, Seoul11.98−0.2525.071.7
421,629DoosanHoldingsJung, Seoul13.74−0.3520.811.19
431,675Daou DataTechnologyMapo, Seoul7.540.1539.440.46
441,696Hyundai Engineering & ConstructionConstructionJongno, Seoul17.660.3116.543.44
451,700KakaoTechnologyJeju, Jeju5.490.118.1618.89
461,730DGB FinancialFinanceBuk, Daegu4.230.3720.88
471,732Daou TechnologyTechnologySeongnam, Gyeonggi7.130.2838.960.6
481,836Samsung Electro-MechanicsTechnologySuwon, Gyeongggi7.290.758.77.87
491,860JB FinancialFinanceJeonju, Jeonbuk2.520.4447.311.22
501,909LG UplusTelecommunicationsYongsan, Seoul10.760.5115.643.61
511,943Korea ZincNon-steel smeltingGangnam, Seoul8.680.69.577.63
521,953Kakao BankBankingSeongnam, Gyeonggi1.40.2231.258.49

See also

Notes and References

  1. Web site: Leading South Korean companies on the Fortune Global 500 ranking in 2023, by revenue . . 2023 . . 2024-04-26.
  2. Web site: Corporate Disclosure Channel KIND . . KIND . . 2024-04-26.
  3. Web site: The Global 2000. 2024-04-26. Forbes.