S-Oil Corp (XKRX:010950)

Q4 2024 S-Oil Corp Earnings Call Transcript

Jan 23, 2025 / 01:00 AM GMT

Release Date Price: ₩60700 (-0.98%)

Transcript

Key Points

Positve

S-Oil Corp (XKRX:010950) recorded KRW260.8 billion in operating income for Q4 2024, marking a turnaround from the previous quarter.
The refining business showed significant improvement with KRW172.9 billion in Q4 operating income, driven by higher refining margins and favorable FX rates.
The Shaheen Project is progressing smoothly, with a completion rate of 51.8% as of December 2024, slightly ahead of schedule.
The GTG project is expected to reduce carbon emissions by 116,000 tonnes per year and has a projected internal rate of return (IRR) of 26.6%, indicating high profitability.
S-Oil Corp (XKRX:010950) maintains a stable financial structure with a cash balance of KRW1.957 trillion and a net debt-to-equity ratio of 69.3%.

Negative

The petrochemical business posted an operating loss of KRW28.1 billion in Q4 2024 due to narrowed spreads of major products.
The lube business experienced a decline in operating income in Q4 due to seasonal factors and scheduled maintenance.
S-Oil Corp (XKRX:010950) recorded a net FX loss of KRW415.7 billion in Q4, impacting income before tax.
Return on equity was negative at -1.8%, and return on capital employed was -0.4%, indicating challenges in profitability.
The company faces economic uncertainties both domestically and internationally, which could impact future performance.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

010950.KS - S-Oil Corp
Q4 2024 S-Oil Corp Earnings Call
Jan 24, 2025 / 01:00AM GMT

=====================
Conference Call Participants
=====================
* Cho Hyunryul
Samsung Securities - Analyst
* Rui Hua Ong
JPMorgan. - Analyst
* Jeon Yu-Jin
IM Securities - Analyst
* Chun Woo-Je
KB Securities - Analyst

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified Company Representative, [1]
--------------------------------------------------------------------------------
Good morning. This is S-OIL Treasurer, [K.D. Kang]. First of all, thank you to all the investors at home and abroad for joining the conference call for S-OIL's Q4 2024 results.

Also joining us are CFO, J.W. Bang; IR team leader, [H.D. Jang], and IR team members. So without further ado, I will go over the highlights of Q4 results.

In Q4 2024, the company turned around from the previous quarter to

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by FactSet. Analyst estimates data is sourced from both Refinitiv and FactSet, with priority given to Refinitiv data. Data is updated daily.