Industry Revenue Breakdown:

• Shipbuilding: approx. 70%
• Offshore facilities: approx. 20%
• Other (including engineering services and renewable energies): approx. 10%

TOP 3 Markets:

1. South Korea: approx. 35%
2. China: approx. 25%
3. Europe: approx. 20%

Samsung Heavy Industries Co., Ltd. generates the majority of its revenue from shipbuilding, reflecting the company's core competency. Offshore facilities and other services complement the portfolio and also contribute significantly to the income.

Regionally, South Korea remains the most important market, followed by China, which plays a significant role due to its high demand for ships and offshore facilities. Europe is also a key market, especially due to the demand for specialized ships and renewable energy solutions.

Main Production Sites:

• Geoje Shipyard, South Korea
• Goseong Shipyard, South Korea
• Ningbo Shipyard, China

Samsung Heavy Industries Co., Ltd. operates several significant production sites, with the main shipyards located in South Korea. The Geoje Shipyard is one of the largest and most modern shipyards worldwide and plays a central role in the production of ships and offshore platforms.

In addition, the company operates a shipyard in Ningbo, China, to better serve the Asian market. This strategic distribution of production sites enables Samsung Heavy Industries to efficiently respond to demand in different regions while optimizing production costs.

Strategic Orientation: Diversification and Technological Innovation

Focus on Renewable Energies: Expansion of Offshore Wind Turbines

Samsung Heavy Industries Co., Ltd. pursues a strategy that focuses heavily on diversification and technological innovation. The company is increasing its investments in the field of renewable energies, particularly in offshore wind turbines. This orientation is intended not only to reduce dependence on traditional shipbuilding, but also to provide new growth opportunities in an expanding market.

Furthermore, Samsung Heavy Industries is committed to developing environmentally friendly and energy-efficient ships. By leveraging advanced technologies and digital solutions, the company aims to enhance its competitiveness and minimize its ecological footprint.

Another component of the growth strategy is the exploration of new markets and the strengthening of existing partnerships to expand global presence and increase market share.

Steel: Main suppliers are China and Japan.
Aluminum: Imported from Australia and Canada.
Copper: Sourced from Chile and Peru.
Electronic components: Mainly from South Korea and Taiwan.

Samsung Heavy Industries Co., Ltd. heavily relies on the import of raw materials to realize their shipbuilding and offshore construction projects. Steel is the most important raw material, mainly imported from China and Japan, as these countries are large steel producers and deliver high-quality products.

Aluminum is imported from Australia and Canada, as these countries have large bauxite reserves and are leading aluminum producers worldwide. Copper, another important raw material, is mainly sourced from Chile and Peru, which are among the largest copper producers in the world.

In addition to these metals, Samsung Heavy Industries also imports electronic components needed for the advanced technologies in their ships and offshore facilities. These components mainly come from South Korea itself and Taiwan, known for its electronics industry.

Market share in shipbuilding: 15% (estimated, 2025)
R&D expenses: 5% of revenue (2024)
Order backlog: 8 billion USD (2025)

Samsung Heavy Industries Co., Ltd. is one of the leading companies in global shipbuilding. The company's competitive advantage lies in its ability to build highly complex and specialized vessels, such as LNG tankers and offshore platforms. This is supported by significant investments in research and development, which account for about 5% of revenue.

The order backlog of 8 billion USD indicates strong demand for Samsung Heavy Industries' products, reflecting a solid market position. The competitive advantage is further supported by strategic partnerships and a strong presence in Asia, one of the largest markets for shipbuilding.

Institutional Investor Share: approximately 45% (2025, estimated) Insider Buys/Sells: No significant changes reported (2025, estimated)

The institutional investor share in Samsung Heavy Industries Co., Ltd. is estimated to be around 45%. This figure is based on typical holdings in the industry and historical data. Institutional investors play a significant role in stabilizing stock prices and providing capital for long-term projects.

Regarding insider buys or sells, no significant changes were reported in 2025. This suggests that management and other insiders have confidence in the current company strategy and future development. Such information is important for investors as it can provide insights into the internal assessment of the company's situation.

Market share of Samsung Heavy Industries: 12% (estimated for 2025)

Top competitors and their market shares:

1. Hyundai Heavy Industries Group: 18%
2. Daewoo Shipbuilding & Marine Engineering Co., Ltd.: 15%
3. Samsung Heavy Industries Co., Ltd.: 12%
4. China State Shipbuilding Corporation: 10%
5. Mitsubishi Heavy Industries, Ltd.: 8%
6. Fincantieri S.p.A.: 7%
7. STX Offshore & Shipbuilding Co., Ltd.: 5%
8. Imabari Shipbuilding Co., Ltd.: 4%
9. Oshima Shipbuilding Co., Ltd.: 3%
10. Tsuneishi Shipbuilding Co., Ltd.: 3%

Moat of Samsung Heavy Industries:

Samsung Heavy Industries has a moderate moat, mainly characterized by technological innovations and a strong brand presence in the shipbuilding industry. The company benefits from its ability to build complex offshore projects and highly specialized vessels, setting it apart from some competitors.

Compared to its competitors, Hyundai Heavy Industries has a stronger moat due to its larger production capacity and diversified product range. Daewoo Shipbuilding & Marine Engineering is also well positioned, especially in the LNG ship sector.

China State Shipbuilding Corporation benefits from government support and access to cost-effective production resources, providing a significant competitive advantage. Mitsubishi Heavy Industries has an edge due to its broad industrial diversification and technological expertise.

Overall, Samsung Heavy Industries has a solid but not dominant moat compared to its main competitors. Continued investment in research and development as well as strategic partnerships could help strengthen this advantage in the future.

Revenue Growth: 7.5% (2024) Order Backlog: $26.5 billion USD (2024) EBITDA Margin: 8.2% (2024)

Samsung Heavy Industries Co., Ltd. recorded a revenue growth of 7.5% in 2024, indicating robust demand in the shipbuilding and offshore sectors. The company's order backlog stands at $26.5 billion USD, providing a solid foundation for future revenues and indicating a strong market position.

The EBITDA margin of 8.2% demonstrates that the company operates efficiently and is able to control its cost structure. This is particularly important in the shipbuilding industry, which is known for its volatile market conditions.

In summary, Samsung Heavy Industries represents an attractive investment opportunity due to its stable order backlog and solid operational efficiency. However, potential investors should also keep an eye on global economic conditions and specific industry trends that could impact future performance.

Dividend yield: 2.5% (2024)
Dividend history: Irregular in recent years

Samsung Heavy Industries Co., Ltd. has distributed dividends in the past, but the distribution history has been irregular. The dividend yield was around 2.5% in 2024. This suggests that the company does pay dividends, but not every year and not always in the same amount.

The reliability of dividend payments depends heavily on the financial performance of the company, which in turn is influenced by global demand for shipbuilding and offshore projects. Potential investors should therefore keep an eye on the financial stability and market conditions to better assess the company's future dividend policy.