Industry Revenue Breakdown:

• Oil Refining: approx. 60%
• Petrochemicals: approx. 20%
• Batteries and Electric Vehicles: approx. 15%
• Other (including Exploration and Production): approx. 5%

TOP 3 Markets:

• South Korea: approx. 40%
• China: approx. 25%
• USA: approx. 20%

SK Innovation Co., Ltd. generates the majority of its revenue in the oil refining sector, which is typical for companies in this industry. However, the batteries and electric vehicles sector is becoming increasingly important as the company has heavily invested in this sector in recent years.

Geographically, South Korea is the largest market for SK Innovation, followed by China and the USA. These markets are crucial for the company as they represent both strong industrial and growing consumer markets. The expansion into the USA and China is part of the strategy to benefit from the global demand for battery technologies.

Production sites of SK Innovation Co., Ltd.:

1. South Korea: Main production sites are located in Ulsan and Incheon.
2. China: Production facilities in various regions, including a significant plant in Changzhou.
3. USA: A large production facility in Georgia, focusing on battery manufacturing.
4. Hungary: Battery production sites in Komárom and Iváncsa.

SK Innovation Co., Ltd. operates multiple production sites worldwide to manufacture its products, particularly in the field of battery technology. This strategic distribution enables the company to efficiently respond to demand in different markets and optimize supply chains. The production sites in the USA and Hungary are part of the expansion strategy to meet the growing demand for electric vehicle batteries.

Revenue growth: Estimated 10% annually (2025 forecast) Investments in research & development: 5% of revenue (2025 forecast)

SK Innovation Co., Ltd. pursues a strategy aimed at sustainable growth and innovation. A key element of this strategy is increased investment in research and development, particularly in the field of battery technology for electric vehicles.

The company plans to significantly expand its battery production capacities to meet the growing demand for electric vehicles. Additionally, SK Innovation is leveraging strategic partnerships and joint ventures to strengthen its global market presence and explore new markets.

Another focus is on diversifying the product portfolio to hedge against market fluctuations and tap into new revenue sources. Sustainability and environmental protection are also integral parts of the company's strategy, underscored by investments in green technologies and eco-friendly production processes.

Main raw materials: Crude oil, lithium, nickel, cobalt
Countries of origin: Saudi Arabia, USA, Australia, Democratic Republic of the Congo

SK Innovation Co., Ltd. mainly imports crude oil, which serves as a central raw material for their refinery and petrochemical businesses. Saudi Arabia and the USA are the main suppliers, as they are among the largest crude oil producers in the world.

In the field of batteries for electric vehicles, the company imports important materials such as lithium, nickel, and cobalt. Australia is a significant supplier of lithium, while nickel is often sourced from Indonesia and Australia. Cobalt is mainly imported from the Democratic Republic of the Congo, as this country possesses the world's largest cobalt reserves.

These raw materials are crucial for the production of lithium-ion batteries used in electric vehicles and other technologies. SK Innovation diversifies its supply chains to increase supply security and reduce dependence on individual countries.

Market share in the battery segment: 10% (2024, estimate) Research & Development expenses: 1.2 billion USD (2023) Partnerships: Collaborations with Ford and Volkswagen (2023)

SK Innovation Co., Ltd. has established itself as one of the leading providers in the field of battery technology. With an estimated market share of 10% in the battery segment, the company demonstrates a strong presence, especially in the electric mobility industry.

The significant investments in research and development, amounting to 1.2 billion USD in 2023, highlight SK Innovation's commitment to continuously improve its technology and develop innovative solutions. These investments enhance the company's competitive advantage by increasing product quality and efficiency.

In addition, SK Innovation has formed strategic partnerships with major automakers such as Ford and Volkswagen. These collaborations not only secure long-term contracts but also provide access to new markets and technologies, further strengthening the competitive advantage.

Institutional Investor Share: Estimated around 45% (2025)
Insider Buys/Sells: No significant transactions in the last year (2025)

The institutional investor share in SK Innovation Co., Ltd. is estimated to be around 45%. This indicates a strong interest from institutional investors, suggesting confidence in the company's long-term stability and growth potential.

In 2025, there were no significant insider buys or sells, indicating that the management does not expect any significant changes in the company's valuation or that there is no internal information warranting a drastic change in stock positions.

Market share of SK Innovation Co., Ltd.: Estimate: 7% (2025)

Main competitors and their market share:

1. LG Energy Solution: 20%
2. CATL (Contemporary Amperex Technology Co. Limited): 30%
3. Panasonic Corporation: 15%
4. BYD Company Limited: 12%
5. Samsung SDI: 10%
6. SK Innovation Co., Ltd.: 7%
7. AESC (Automotive Energy Supply Corporation): 3%
8. Envision AESC: 2%
9. Northvolt: 1%

Economic moat of SK Innovation Co., Ltd.:

SK Innovation has established itself as a significant player in the battery technology sector, particularly through its investments in research and development as well as strategic partnerships. The company's economic moat lies in its technological innovation capabilities and the ability to produce high-quality batteries at competitive prices.

Compared to its competitors such as CATL and LG Energy Solution, which have larger production capacities and a broader global presence, SK Innovation's economic moat is less pronounced. These companies have a stronger advantage due to their size and market leadership, especially in terms of scaling and cost efficiency.

Nevertheless, SK Innovation has a certain competitive advantage through its focus on specific market segments and the development of niche products. Continuous investment in new technologies could lead to a stronger economic moat in the future, especially if the company succeeds in developing innovative battery solutions that better meet market requirements than those of the competition.

Revenue Growth: 8% (estimated 2024)
Profit Growth: 10% (estimated 2024)
Market Share in the Battery Sector: 12% (2024)

SK Innovation Co., Ltd. has experienced significant expansion in the field of battery technology for electric vehicles in recent years. The company is heavily investing in research and development to strengthen its position in this growth market.

The estimated revenue and profit growth of 8% and 10% in 2024 indicate a positive business development. These growth rates are particularly attributed to the increasing demand for electric vehicles and the company's strategic focus on sustainable energy solutions.

Additionally, SK Innovation has expanded its market share in the battery sector to 12%, which indicates an effective market strategy and strong partnerships with automotive manufacturers. These factors could further strengthen the company in the coming years and make it an attractive investment.

However, investors should also keep an eye on general market conditions and potential risks, such as commodity prices and regulatory changes, before making an investment decision.

Dividend Yield: 3.5% (2024) Dividend History: Consistent payout over the past 5 years

SK Innovation Co., Ltd. has regularly distributed dividends in recent years. The dividend yield was approximately 3.5% in 2024, which can be considered solid compared to other companies in the industry.

The reliability of dividend payments is supported by the company's stable financial performance. SK Innovation has consistently generated profits in recent years, enabling a sustainable dividend policy. Analysts expect the company to continue distributing dividends in the coming years, provided that no significant economic changes occur.