Company Deep Dive
Read the full research report: business segments breakdown, earnings transcripts review, management credibility analysis, competitive landscape, and scenarios.
402340.KS
Strong BuyFull HouseREMOVESK Square Co., Ltd. · Technology · South Korea · $98.8B · Avg Vol: $528M/d
Despite high qualitative scores, the mixed insider signals—notably the significant 1.44% insider sell-off compared to the token buying—create a lack of clarity. The thesis on 'tokenization' is present but currently lacks the operational focus required to satisfy the burden of proof for a concentrated portfolio.
COMPANY DESCRIPTION
SK Square Co., Ltd. is a South Korean investment company, spun off from SK Telecom, holding strategic stakes in various technology and innovation-focused companies across semiconductors, e-commerce, and blockchain. It benefits from strategic ties to the broader SK Group, providing access to capital, talent, and industrial synergies for its portfolio. SK Square is a pure-play investment vehicle from a major Korean conglomerate, focused on nurturing technology-driven businesses.
FINANCIAL SUMMARY (KRW)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.8T | 2.3T | 5.9T | 10.5T | 54.3% | 34.6T | 10.4T | 10.6T | 0.5% |
| EPS (KRW) | 1,837 | -9,259 | 27,772 | 66,713 | 231.2% | 66,307 | — | — | — |
| Shares | 141.4M | 135.5M | 133.2M | 131.9M | -6.7% | 131.8M | — | — | — |
| Debt | 2.2T | 146.5B | 71.5B | 112.8B | -62.7% | 91.6B | — | — | — |
| Equity | 16.8T | 15.2T | 19.0T | 27.6T | 18.0% | — | — | — | — |
| Op CF | 342.4B | 265.7B | 190.0B | 387.2B | 4.2% | 411.5B | — | — | — |
| Inv CF | -57.8B | 284.3B | 89.7B | 29.6B | — | — | — | — | — |
| Fin CF | 68.7B | -281.1B | -200.7B | -419.3B | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of 402340.KS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 402340.KS | SK Square Co., Ltd.(you) | $98.8B | 97 | Strong Buy |
| 2408.TW | Nanya Technology Corporation | $52.9B | 94 | Strong Buy |
| NXPIN.MX | NXP Semiconductors N.V. | $56.4B | 89 | Strong Buy |
| 285A.T | Kioxia Holdings Corporation | $163.8B | 87 | Strong Buy |
| 2303.TW | United Microelectronics Corporation | $51.5B | 89 | Strong Buy |
| QCOM | QUALCOMM Incorporated | $175.4B | 80 | Buy |
| CRDO | Credo Technology Group Holding Ltd | $43.7B | 82 | Strong Buy |
| ALAB | Astera Labs, Inc. | $50.2B | 77 | Buy |
| ADI | Analog Devices, Inc. | $175.3B | 74 | Buy |
| 2454.TW | MediaTek Inc. | $201.2B | 75 | Buy |
Peer medians: ROE 7.6% · P/E 28.3x · Gross margin 32.4%