Last 9,060 KRW
Change Today +320.00 / 3.66%
Volume 632.6K
003620 On Other Exchanges
Symbol
Exchange
Korea SE
As of 1:26 AM 12/22/14 All times are local (Market data is delayed by at least 15 minutes).

ssangyong motor co (003620) Snapshot

Open
9,430
Previous Close
8,740
Day High
9,440
Day Low
9,020
52 Week High
04/18/14 - 12,300
52 Week Low
10/1/14 - 6,400
Market Cap
1.2T
Average Volume 10 Days
454.8K
EPS TTM
-18.00
Shares Outstanding
137.2M
EX-Date
01/3/95
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for SSANGYONG MOTOR CO (003620)

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ssangyong motor co (003620) Details

SsangYong Motor Co., Ltd. manufactures and sells automobiles and parts in South Korea. It offers a range of SUVs under the Chairman name. The company also exports and sells its SUVs through approximately 1,290 sales outlets in 106 countries. The company was founded in 1954 and is headquartered in Pyeongtaek, South Korea. SsangYong Motor Co., Ltd. is a subsidiary of Mahindra & Mahindra Ltd.

Founded in 1954

ssangyong motor co (003620) Top Compensated Officers

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Executives, Board Directors

ssangyong motor co (003620) Key Developments

South Korea's Supreme Court Sides with SsangYong in 2009 Lay-Off Case

South Korea's top court has ruled in favour of SsangYong Motors regarding the lay-offs it carried out in 2009. The Supreme Court ordered the High Court to reconsider its earlier ruling annulling the lay-offs of 164 SsangYong workers, with an opinion that the dismissal of the employees was legitimate. 'There was an urgent management need to carry out the [164] layoffs [at SsangYong in 2009],' the court said in its ruling, citing the negative effects of the 2008-09 global financial crisis on SsangYong's vehicle sales, which in turn affected its business conditions. The court further noted that SsangYong took the necessary steps to avoid the lay-offs, such as freezing wages, recommending paid leave, and reducing the number of subcontractors.

SsangYong Announces Sales Results for the Month and Year to Date Ended October 2014

SsangYong announced sales results for the month and year to date ended October 2014. SsangYong's sales fell 18.6% year-on-year to 11,598 units in the month as domestic sales plunged 12% year-on-year to 5,455 units, while overseas sales dipped 23.6% year-on-year to 6,143 units. SsangYong's total global sales during year to date were 117,845 units, down 0.4% year-on-year.

SsangYong Reports Earnings Results for the Third Quarter and Year to Date of 2014; Provides Sales Guidance for the Year 2014

SsangYong reported earnings results for the third quarter and year to date of 2014. For the quarter, the company reported net loss of KRW 15.6 billion (before tax) for the period, against a net profits of KRW 1.5 billion during the third quarter of 2013. Sales revenues stood at KRW 767.8 billion, down 8.3% year on year (y/y) from KRW 837.5 billion in the third quarter of 2013. For the year to date, the company's net losses (before tax) stand at KRW 33.8 billion, an increase from KRW 1.2 billion in the same period of 2013. Sales revenues are down slightly by 0.1% y/y to KRW 2.496 trillion, from KRW 2.498 trillion in the corresponding period of 2013. For the year 2014, the company expects to sell as many as 150,500 units globally, down from an initially targeted 160,000 units.

 

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003620:KS 9,060.00 KRW +320.00

003620 Competitors

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Company Last Change
Hyundai Motor Co 171,000 KRW +1,000
Samsung Electronics Co Ltd 1,345,000 KRW +17,000
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Industry Analysis

003620

Industry Average

Valuation 003620 Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.3x
Price/Book 1.5x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.3x
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