SK Leads First Half Increase in Market Capitalization Among Large Conglomerates with 65 Trillion Won Growth
This year, among large business groups, SK Group was found to have the largest increase in market capitalization of listed companies in the first half of the year.
On the 9th, Leaders Index, a corporate analysis research institute, analyzed the market capitalization of 366 listed companies belonging to 80 large business groups with listed companies. As of the closing price on the 5th of this month, the total market capitalization of these companies was 1,937.7553 trillion KRW, an increase of 103.3626 trillion KRW (5.6%) from January 2nd (1,834.3927 trillion KRW).
In the group market capitalization ranking, Samsung Group maintained its undisputed first place with 721.525 trillion KRW. Following were SK Group in second place with 247.2104 trillion KRW, LG Group in third with 163.3307 trillion KRW, Hyundai Motor Group in fourth with 160.1852 trillion KRW, POSCO Group in fifth with 69.466 trillion KRW, and HD Hyundai Group in sixth with 53.0202 trillion KRW.
The group with the largest increase in market capitalization in the first half of this year was SK Group. The market capitalization of its 21 listed companies increased by 65.4922 trillion KRW (36%) from 181.7182 trillion KRW at the beginning of the year over six months. The increase in SK Group's market capitalization is largely attributed to SK Hynix, whose stock price rose sharply due to the recovery in the semiconductor industry and the positive outlook for high-bandwidth memory (HBM).
During this period, SK Hynix's market capitalization rose from 103.6675 trillion KRW to 171.8086 trillion KRW, an increase of 68.141 trillion KRW (65.7%). As a result, the market capitalization of this single stock surpassed the total market capitalization of LG Group (about 163 trillion KRW) and Hyundai Motor Group (about 160 trillion KRW).
Samsung Group's market capitalization increased by 56.2403 trillion KRW (8.5%) from 665.2847 trillion KRW at the beginning of the year, ranking second in terms of increase amount. Within Samsung Group, Samsung Electronics led the market capitalization increase, rising from 475.1947 trillion KRW to 519.9681 trillion KRW, an increase of 44.7734 trillion KRW (9.4%).
Hyundai Motor Group's market capitalization increased by 29.1495 trillion KRW (22.2%) from 131.0357 trillion KRW at the beginning of the year, ranking third in terms of increase amount. Major affiliates such as Hyundai Motor (up 16.4339 trillion KRW), Kia (up 11.2626 trillion KRW), and Hyundai Glovis (up 2.1938 trillion KRW) showed an upward trend in market capitalization due to strong automobile sales.
In terms of market capitalization growth rate, HD Hyundai Group ranked first with 56.8%. The market capitalization of its listed companies increased by 19.201 trillion KRW from 33.8192 trillion KRW at the beginning of the year to 53.0202 trillion KRW. In May, HD Hyundai Marine Solutions was listed, increasing the number of listed companies to nine, and the market capitalization of HD Hyundai Electric, which emerged as an AI-related power stock, also grew.
On the other hand, LG Group (down 2.3409 trillion KRW), POSCO Group (down 21.5956 trillion KRW), EcoPro Group (down 20.1617 trillion KRW), Kakao Group (down 14.7778 trillion KRW), and Naver Group (down 9.6471 trillion KRW) saw their market capitalizations decrease in the first half of the year.
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