KT Freetel Co., Ltd. - Company Capsule

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KT Freetel Co., Ltd. - Company Capsule
KT Freetel Co., Ltd.



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KT Freetel Co., Ltd. Financial Snapshot



Operating Performance

Fast Facts

7-18, Sinchun-Dong, Seoul, 138-240,South The company reported revenue of US$7,659.76

Headquarters Address

Korea million during the fiscal year 2008 (2008). The

company's revenue grew at a CAGR of 10.25%

Telephone + 82220100114

during 2004–2008, with an annual decline of 2.87%

over 2007. In 2008, the company recorded an

Fax + 82220100555 operating margin of 4.71%, as against 5.80% in 2007.



Website www.ktf.com

Revenue and Margins

Ticker Symbol, Stock Exchange 032390, Korea Stock Exchange



Number of Employees 2,560



Fiscal Year End December



Revenue (in US$ million) 7,659.76



Revenue (in KRW million) 8,206,586.59









Return on Equity



The company recorded a return on equity (ROE) of

3.77% for 2008, as compared to its peers, LG

Telecom Ltd. (Ticker: 032640), SK Telecom Co., Ltd.

(Ticker: 017670) and SK Broadband Co., Ltd. (Ticker:

033630), which recorded ROEs of 14.42%, 11.42%

and -14.76% respectively. The company reported an

operating margin of 4.71% in 2008.





Return on Equity









Liquidity Position



The company reported a current ratio of 1.07 in 2008,

as compared to its peers, LG Telecom Ltd., SK

Telecom Co., Ltd. and SK Broadband Co., Ltd., which

recorded current ratios of 0.71, 1.17 and 0.78

respectively. As of December 2008, the company

recorded cash and short-term investments of worth

US$407.19 million, against US$595.12 million current

debt. The company reported a debt to equity ratio of

0.46 in 2008 as compared to its peers, LG Telecom

Ltd., SK Telecom Co., Ltd. and SK Broadband Co.,

Ltd., which recorded debt to equity ratios of 0.45, 0.62

and 1.46 respectively.









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KT Freetel Co., Ltd. - Company Capsule Page 1

KT Freetel Co., Ltd.



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TABLE OF CONTENTS



1 Business Analysis ................................................................................................................................... 5

1.1 Company Overview ................................................................................................................................................5

1.2 Major Products and Services .................................................................................................................................5

2 Analysis of Key Performance Indicators ............................................................................................... 6

2.1 Five Year Snapshot: Overview of Financial and Operational Performance Indicators ..........................................6

2.2 Key Financial Performance Indicators ...................................................................................................................8

2.2.1 Revenue and Operating Profit ...........................................................................................................................8

2.2.2 Asset, Liabilities and Capex ...............................................................................................................................9

2.2.3 Net Debt vs. Gearing Ratio ..............................................................................................................................10

2.2.4 Solvency ..........................................................................................................................................................11

2.3 Key Competitors ...................................................................................................................................................12

3 Recent Developments ........................................................................................................................... 13

4 Key Employees ...................................................................................................................................... 14

5 Appendix ................................................................................................................................................ 16

5.1 Methodology .........................................................................................................................................................16

5.2 Ratio Definitions ...................................................................................................................................................16

5.3 Disclaimer..........................................

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