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Samsung Electronics last year's R & D expenditure exceeded $15 billion 500 million with a net profit of $39 billion

via:博客园     time:2018/3/6 17:09:17     readed:129

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Industry data showed that Samsung Electronics invested more than 16 trillion and 800 billion won (about $15 billion 530 million) in R & D last year. Meanwhile, the realizable assets of the company still remain at 30 trillion won (US $27 billion 740 million) level, but reduced by about 1 trillion and 500 billion won compared with last year, mainly due to Samsung's large investment in facilities and shareholder returns.

Compared with 2016, Samsung Electronics increased its R & D costs by 2 trillion and 10 billion won (about $1 billion 860 million), or 13.59%, last year.

In addition, the convertible assets of Samsung Electronics remain at the level of 30 trillion won. Specifically, Samsung's current cash and realizable assets totalled 30 trillion and 550 billion won (US $28 billion 224 million), a decrease of 1 trillion and 570 billion won, or 4.88%, compared with 2016.

Samsung's short-term financial products fell by 5.69% to 49 trillion and 450 billion yuan, or 45 billion 720 million yuan, and the short-term sales of financial assets dropped from 12.29% to 3 trillion and 190 billion won (about 2 billion 950 million U.S. dollars).

The net profit of Samsung Electronics reached a record 42 trillion and 190 billion won in 2017 (about $39 billion 10 million). Samsung Electronics, however, had a huge investment last year, with only 43 trillion won (about $39 billion 760 million) in facilities alone.

In 2017, Samsung Electronics also repurchased 9 trillion and 200 billion won (about 8 billion 510 million U.S. dollars) and paid 5 trillion and 800 billion yuan (about 5 billion 360 million dollars) to shareholders. Under the management policy conducive to shareholders, the liquidity of Samsung Electronics stock has declined.

One business executive said:

Meanwhile, Samsung Electronics's total assets (including capital and liabilities) were 301 trillion and 750 billion won (about 279 billion 10 million US dollars), and it broke through 300 trillion won for the first time in fifty years.

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