Samsung Heavy Industries FY 2025 Annual Report
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Filed: March 12, 2026· period ending December 31, 2025DART

Samsung Heavy Industries annual report for FY 2025, filed with DART (Korea Financial Supervisory Service) on March 12, 2026. This page provides AI-powered English analysis including business overview, management discussion & analysis (MD&A), risk factors, and KIFRS consolidated financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE).

Samsung Heavy Industries FY 2025 Annual Report Analysis

Business Overview

• Samsung Heavy Industries shipbuilding division: 96% revenue share, FY2025 consolidated revenue KRW 10.65T, up 7.5% YoY
• FY2025 operating profit KRW 862.2B, up 71% YoY; shipyard utilization rate at 111% vs design capacity

Management Discussion & Analysis

• Revenue KRW 10.65T (+7.5% YoY); OP KRW 862.2B (+72% YoY); net income KRW 535.8B (vs KRW 53.9B prior year)
• Shipbuilding & offshore segment OP KRW 788.7B, driven by increased construction volume of high-price LNG carriers

Risk Factors

• Net derivative liability aggregate (합계 파생상품자산(부채)): 15,812,285 천원 = KRW 15.8B
• Confirmed contract asset/liability net: 1,760,421,862 천원 = KRW 1.76T (asset); (926,899,908) 천원 = KRW 926.9B (liability)

Samsung Heavy Industries FY 2025 Key Financial Metrics
DART

Revenue

KRW 10.65T

▲ +7.5% YoY

Net Income

KRW 535.8B

▲ +894.4% YoY

Gross Margin

12.9%

▲ +361bp YoY

Operating Margin

8.1%

▲ +302bp YoY

Net Margin

5.0%

▲ +449bp YoY

ROE

12.9%

▲ +1149bp YoY

Total Assets

KRW 14.95T

▼ -13.1% YoY

Operating Cash Flow

KRW 1.56T

▲ +138.8% YoY

CapEx

KRW 216.3B

▲ +24.7% YoY

Source: KIFRS consolidated financial data from Samsung Heavy Industries annual report on DART. All figures in KRW.

Source: DART (Korea Financial Supervisory Service) · AI summaries generated from the original Korean filing (English output) · Beta: coverage is expanding