SK Telecom Co., Ltd. financial statements, 6 years: ROE ranged between 19.6% and 2.9%
Consolidated financial statements for 2020–2025 and the 2026 half-year report that SK Telecom Co., Ltd. filed with DART, laid out by year. No interpretation or outlook.
SK Telecom Co., Ltd. financial statements, 6 years: ROE ranged between 19.6% and 2.9%
The consolidated financial statements in the 2020–2025 annual reports that SK Telecom Co., Ltd. (017670) filed with Korea’s DART electronic disclosure system, laid out by year. Figures from the 2026 half-year report cover a different period and are shown separately. Every figure below is taken as filed in the DART submissions; there is no interpretation or outlook. Amounts are in Korean won (KRW; bn = billion, tn = trillion).
1. Income statement — revenue peaked in 2024
| Fiscal year | Revenue | Revenue change | Operating income | Op. income change | Operating margin | Net income |
|---|---|---|---|---|---|---|
| 2020 | 16.09tn | — | 1.25tn | — | 7.8% | 1.50tn |
| 2021 | 16.75tn | +4.11% | 1.39tn | +11.10% | 8.3% | 2.42tn |
| 2022 | 17.30tn | +3.32% | 1.61tn | +16.21% | 9.3% | 947.8bn |
| 2023 | 17.61tn | +1.75% | 1.75tn | +8.75% | 10.0% | 1.15tn |
| 2024 | 17.94tn | +1.89% | 1.82tn | +4.00% | 10.2% | 1.39tn |
| 2025 | 17.10tn | −4.69% | 1.07tn | −41.14% | 6.3% | 375.1bn |
Revenue was largest in 2024 at KRW 17.94tn and smallest in 2020 at KRW 16.09tn among the six years. It fell from the previous year once: 2025 (−4.69%).
Operating income was largest in 2024 at KRW 1.82tn and smallest in 2025 at KRW 1.07tn. The operating margin was highest in 2024 at 10.2%.
Net income was largest in 2021 at KRW 2.42tn and smallest in 2025 at KRW 375.1bn.
2. Financial position — equity fell 46.9%
| Fiscal year | Total assets | Total equity | Debt ratio | Current ratio |
|---|---|---|---|---|
| 2020 | 47.91tn | 24.40tn | 96.4% | 107.3% |
| 2021 | 30.91tn | 12.34tn | 150.6% | 91.3% |
| 2022 | 31.31tn | 12.16tn | 157.6% | 89.7% |
| 2023 | 30.12tn | 12.23tn | 146.3% | 94.2% |
| 2024 | 30.52tn | 11.83tn | 158.0% | 81.0% |
| 2025 | 30.11tn | 12.96tn | 132.4% | 103.0% |
The debt ratio was highest in 2024 at 158.0% and lowest in 2020 at 96.4%.
Over the same period total assets went from KRW 47.91tn to KRW 30.11tn (0.63x), and total equity went from KRW 24.40tn to KRW 12.96tn and fell 46.9%.
The current ratio was below 100% in 4 years, 2021, 2022, 2023 and 2024 — in those years current liabilities exceeded current assets.
3. Cash flow — ROE high 19.6%, low 2.9%
| Fiscal year | Operating cash flow | Net income | Operating CF ÷ net income | ROE |
|---|---|---|---|---|
| 2020 | 5.82tn | 1.50tn | 3.88x | 6.2% |
| 2021 | 5.03tn | 2.42tn | 2.08x | 19.6% |
| 2022 | 5.16tn | 947.8bn | 5.44x | 7.8% |
| 2023 | 4.95tn | 1.15tn | 4.32x | 9.4% |
| 2024 | 5.09tn | 1.39tn | 3.67x | 11.7% |
| 2025 | 3.92tn | 375.1bn | 10.46x | 2.9% |
Operating cash flow was positive in all six years. It was largest in 2020 at KRW 5.82tn and smallest in 2025 at KRW 3.92tn.
ROE was highest in 2021 at 19.6% and lowest in 2025 at 2.9%.
4. Latest half-year report (end of H1, 43rd fiscal period, consolidated basis)
The period differs, so these figures cannot be compared directly with the annual tables above. Only cumulative figures for the same period of the previous year are compared.
| Item | 2026 cumulative | Same period last year | Change |
|---|---|---|---|
| Revenue | 8.75tn | 8.79tn | −0.47% |
| Operating income | 1.10tn | 905.6bn | +21.86% |
| Net income | 782.4bn | 444.8bn | +75.89% |
| Finance income | 84.7bn | 84.9bn | −0.26% |
| Operating cash flow | 2.27tn | — | — |
At the end of the period, total assets were KRW 32.43tn, total liabilities KRW 16.94tn and total equity KRW 15.49tn.
The cumulative operating margin was 12.6%.
5. Ownership, dividends and staff (as of the 2025 annual report)
- Largest shareholder: SK, stake 30.57%
- Cash dividend per share KRW 1,660, payout ratio 86.60%, dividend yield 3.10%
- Employees: 5,316, average pay per employee KRW 163m
How to read this
This page lays out the filed figures by year and nothing more. Financial statements do not say why the numbers moved, so neither do we.
The order of publication follows revenue in the latest fiscal year and has nothing to do with the content.
To check the same figures, search for the company on DART and open the consolidated financial statements in its annual reports. Every number here was computed from the 2020–2025 annual reports and the interim report downloaded through the OpenDART API on 2026-10-06; ratios divide the filed account amounts.
This article is for information only and is not investment advice.