OverviewSuggest Edit

POSCO (포스코) is a company manufacturing and selling steel-rolled products and plates. It operates through four segments: Steel, Construction, Trading, and Others. The company offers hot and cold rolled steel, stainless steel, plates, wire rods, and silicon steel sheets. It also plans, designs, and constructs industrial plants, civil engineering projects, and commercial and residential buildings; exports and imports steel products and raw materials; generates electricity, produces gas and refuse-derived fuel, as well as provides network and system integration, and logistics services. In addition, POSCO engages in resource and mine development, business facility maintenance, fuel cell, iron ore, and coal sales, and cargo handling business, as well as operates a housing business agency. Additionally, the company manufactures and sells coated steel and steel byproduct, anode material, and textile products.

TypePublic
Founded1968
HQPohang, KR
Websiteposco.co.kr
Employee Ratings3.3

Latest Updates

Employees (est.) (Dec 2019)35,261(+5%)
Revenue (FY, 2019)₩64.4 T
Share Price (Jun 2021)₩347 K(-2%)
Cybersecurity ratingCMore

Key People/Management at POSCO

Jeong Woo Choi

Jeong Woo Choi

CEO
Jungmin Hong

Jungmin Hong

Chief Financial Officer, POSCO International Amara
In-hwa Chang

In-hwa Chang

Representative Director and President
Jung-Son Chon

Jung-Son Chon

Vice-President
Hag-Dong Kim

Hag-Dong Kim

Vice-President
Tak Jeong

Tak Jeong

Vice-President
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POSCO Office Locations

POSCO has offices in Pohang, Gwangyang-si, Incheon, Seoul and in 43 other locations
Pohang, KR (HQ)
6261 Donghaean-ro, Goe-dong, Nam-gu
Gwangyang-si, KR
20-26 Pokposarang-gil, Geumho-dong
Incheon, KR
180-1 Songdo-dong
Pohang, KR
6262 Donghaean-ro, Dongchon-dong, Nam-gu
Seoul, KR
165 Convensia-daero, Yeonsu-gu
Seoul, KR
440 Teheran-ro, Daechi-dong, Gangnam-gu
Show all (51)

POSCO Financials and Metrics

POSCO Revenue

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POSCO's revenue was reported to be ₩64.37 t in FY, 2019 which is a 0.9% decrease from the previous period.
KRW

Revenue (Q3, 2020)

14.3t

Gross profit (Q3, 2020)

1.2t

Gross profit margin (Q3, 2020), %

8.5%

Net income (Q3, 2020)

514.0b

EBIT (Q3, 2020)

666.7b

Market capitalization (4-Jun-2021)

26.2t

Closing stock price (4-Jun-2021)

347.0k

Cash (30-Sept-2020)

6.8t

EV

43.1t
POSCO's current market capitalization is ₩26.2 t.
Annual
KRWFY, 2017FY, 2018FY, 2019

Revenue

60.7t65.0t64.4t

Revenue growth, %

7%(1%)

Cost of goods sold

52.3t57.0t58.1t

Gross profit

8.4t8.0t6.3t
Quarterly
KRWQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2010Q1, 2020Q2, 2020Q3, 2020

Revenue

15.9t16.1t16.4t16.0t16.3t16.0t14.5t13.7t14.3t

Cost of goods sold

13.5t13.9t14.0t14.2t14.7t14.4t13.2t13.0t13.1t

Gross profit

2.4t2.2t2.4t1.8t1.6t1.6t1.3t733.9b1.2t

Gross profit Margin, %

15%13%15%11%10%10%9%5%8%
Annual
KRWFY, 2017FY, 2018FY, 2019

Cash

2.6t2.6t3.5t

Accounts Receivable

8.6t8.6t8.4t

Inventories

10.0t11.5t10.9t

Current Assets

31.1t33.7t34.8t
Quarterly
KRWQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

2.8t2.6t3.2t2.6t2.6t2.8t5.1t6.0t6.8t

Accounts Receivable

9.0t9.4t9.5t9.4t9.3t9.0t8.5t7.7t8.1t

Inventories

10.3t10.6t10.9t11.3t11.7t11.8t10.7t9.7t9.0t

Current Assets

32.9t33.3t35.4t34.7t34.1t34.7t37.8t37.7t38.2t
Annual
KRWFY, 2017FY, 2018FY, 2019

Depreciation and Amortization

3.3t3.3t3.5t

Cash From Operating Activities

5.6t5.9t6.0t

Purchases of PP&E

(2.3t)(2.1t)(2.5t)

Cash From Investing Activities

(3.8t)(2.6t)(3.7t)
Quarterly
KRWQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2019Q3, 2020

Depreciation and Amortization

822.2b1.6t2.4t864.0b1.7t2.6t884.5b1.8t2.7t

Cash From Operating Activities

1.5t22.6t4.2t1.4t2.7t3.9t1.7t3.9t6.0t

Purchases of PP&E

(404.1b)(872.5b)(1.4t)(458.4b)(990.5b)(1.6t)(937.8b)(1.6t)(2.2t)

Cash From Investing Activities

(1.2t)(695.5b)(2.7t)(744.1b)(538.2b)(1.5t)(2.3t)(3.7t)(4.5t)
KRWFY, 2017

Revenue/Employee

1.9b

Debt/Equity

0.4 x

Debt/Assets

0.3 x

Financial Leverage

1.7 x
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POSCO Operating Metrics

FY, 2017FY, 2018FY, 2019

Patent Applications

42.45 k44 k44.5 k

Patents Issued

15.72 k15 k14 k

Scientists and Researchers

502516500
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POSCO Acquisitions / Subsidiaries

Company NameDateDeal Size
Daewoo InternationalAugust 10, 2010
2015 POSCO New technology II Fund
BLUE O&M Co.,Ltd.
Brazil Sao Paulo Steel Processing Center
Busan E&E Co., Ltd.
DAESAN (CAMBODIA) Co., Ltd.
Daewoo Amara Company Limited
Daewoo Global Development. Pte., Ltd
DAEWOO INTERNATIONAL GUANGZHOU CORP.
Daewoo Power and Infra (PTY) Limited
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POSCO Revenue Breakdown

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POSCO revenue breakdown by business segment: 49.8% from Steel, 34.4% from Trading, 10.8% from Construction and 5.0% from Other

POSCO revenue breakdown by geographic segment: 11.3% from Other Asia, 63.5% from South Korea, 11.1% from China and 14.0% from Other

Human Capital Metrics

POSCO's employees are reported to be approximately 95% female and 5% male.
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POSCO Cybersecurity Score

Cybersecurity ratingPremium dataset

C

76/100

SecurityScorecard logo

POSCO Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

POSCO Online and Social Media Presence

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POSCO News and Updates

Global Steel Market Size, Trends & Forecasts Report 2021-2025 with Focus on Stainless Steel & Profiles of ArcelorMittal, Nippon Steel & Sumitomo Metal Corporation (NSSMC), Outokumpu and POSCO

Dublin, April 28, 2021 (GLOBE NEWSWIRE) -- The "Global Steel Market with Focus on Stainless Steel: Size, Trends & Forecasts (2021-2025 Edition)" report has been added to ResearchAndMarkets.com's offering. "Global Steel Market with Focus on Stainless Steel: Size, Trends & Forecasts (2021-20…

South Korea’s POSCO C&C says to end Myanmar military-backed joint venture

POSCO Coated & Color Steel Co Ltd (POSCO C&C) said on Friday it will end its joint venture with Myanmar Economic Holdings Public Co Ltd (MEHL), a firm controlled by the military in Myanmar which took control of the country in February.

Posco reveals plans for a lithium hydroxide plant in S.Korea

The South Korean steel company Posco has announced plans to build a factory in Gwangyang to extract lithium hydroxide for electric car batteries. The company also plans to invest in Argentina to further its electric vehicle ambitions. The construction of the Gwangyang plant is expected to start i…

POSCO’s Q1 Operating Profit Hits Highest Point in 10 Years

South Korea’s leading steelmaker POSCO estimated Monday its first-quarter operating profit hit the highest point in 10 years on robust demand amid global economic recovery from the COVID-19 pandemic.

POSCO Chemical to Supply Battery Material for LG-GM Joint Venture

POSCO Chemical Co., an affiliate of South Korea’s steel giant POSCO Group, said Monday it will provide a key material for Ultium Cells’ rechargeable batteries for electric vehicles (EVs).

POSCO shifts business to “Green&Mobility’ from steel-oriented business

CEO Jeong-Woo Choi declared,“POSCO will take a leap toward becoming a leading company of eco-friendly businesses such as steel and components for electric vehicles(EV), secondary battery materials, hydrogen energy and more.”
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POSCO Frequently Asked Questions

  • When was POSCO founded?

    POSCO was founded in 1968.

  • Who are POSCO key executives?

    POSCO's key executives are Jeong Woo Choi, Jungmin Hong and In-hwa Chang.

  • How many employees does POSCO have?

    POSCO has 35,261 employees.

  • What is POSCO revenue?

    Latest POSCO annual revenue is ₩64.4 t.

  • What is POSCO revenue per employee?

    Latest POSCO revenue per employee is ₩1.8 b.

  • Who are POSCO competitors?

    Competitors of POSCO include Severstal, Hyundai Steel and British Steel.

  • Where is POSCO headquarters?

    POSCO headquarters is located at 6261 Donghaean-ro, Goe-dong, Nam-gu, Pohang.

  • Where are POSCO offices?

    POSCO has offices in Pohang, Gwangyang-si, Incheon, Seoul and in 43 other locations.

  • How many offices does POSCO have?

    POSCO has 51 offices.