Samsung Financial Performance from Time to Time

Samsung Financial Performance from Time to Time– Samsung electronics is one of the biggest electronic companies in the World. Samsung electronics still become the subsidiary of Samsung Group was founded by Lee Byung-chul in 1938 as a trading company. At present this company has a primary office in Samsung-ro, Yeongtong-gu, Suwon, Gyeonggi-do, South Korea.

Until 2022, there are some institutions and individuals that become shareholders of Samsung Electronics. The South Korea National Pension Service, Samsung Life Insurance, Samsung C&T Corporation, Hong Ra-hee, The Vanguard Group, Lee Jae-Yong, and Samsung Fire & Marine Insurance are some of the major stakeholders of Samsung Electronics.

Table of Assets, Liabilities, and Equities of Samsung Electronics From 2010 to 2021

Years	Assets	Liabilities	Equities
	in US. Dollars	in US. Dollars	in US. Dollars
2010	116.4 billion	38.9 billion	77.4 billion
2011	134.9 billion	46.6 billion	88.3 billion
2012	171.5 billion	56.4 billion	115.1 billion
2013	202.8 billion	60.7 billion	142.1 billion
2014	203 billion	55.1 billion	148.5 billion
2015	214 billion	55.7 billion	158.2 billion
2016	231.7 billion	61.1 billion	170.6 billion
2017	266.7 billion	77.1 billion	189.6 billion
2018	291.1 billion	78.5 billion	212.5 billion
2019	302.5 billion	76.9 billion	225.5 billion
2020	330.5 billion	89.4 billion	241.1 billion
2021	372.8 billion	106.3 billion	266.4 billion
Sources : Samsung Electronics Annual Report, 2010-2021

Samsung entered the electronics business since its establishment on January 19^th, 1969, with joint venture of Samsung with foreign electronics companies, namely Sanyo, Sumitomo, and Nippon electric Companies (NEC). From time to time, the business of Samsung has developed gradually. Samsung is known as a major manufacturer of electronic components such as lithium-ion batteries, semiconductors, image sensors, camera modules. More importantly, Samsung electronics still become the world’s largest manufacturer of mobile phones and smartphones.

Samsung Financial Performance from Time to Time- Assets, liabilities, and Equitiies of Samsung Electronics

As a leading electronic company, especially in the smartphone industry, Samsung has a long journey in its electronic business. They struggle in the world of electronic industries. In telecommunication tools, they strive to compete with Nokia, Erickson, Sony, Blackberry, Motorola, and the other companies in the late 1990s and the early 2000s. After the fall of Nokia, Erickson, Motorola, and Blackberry, there is an alteration of the handphone/ smartphone industries. Samsung can go up in boosting their sales products. The Brand of “Galaxy” can be accepted by some people around the world. Several times, the sales of smartphone products can compete with Apple smartphones or commonly known as iPhones. Nowadays, Samsung electronics is composed of four main diversified businesses. These are CE (Consumer Electronics), IM (Information Technology & Mobile Communications), DS (Device Solutions), and Harman (Harman International Industries).

Based on the Balance sheets of the Annual report of Samsung electronics from 2010 to 2021, there is growth in assets, liabilities, and equities. In 2010, the assets of Samsung electronics were around 116 billion US. Dollars and Liabilities around 38.9 billion US. Dollars. In 2021, the assets become 372 billion US. Dollars, Liabilities becomes 106.3 billion US. Dollars. Both assets and liabilities increase three times in the last decade.

Table of Revenue and Net Income of Samsung Electronics From 2010 to 2021

years	Revenue	Net income
	in US. Dollars	in US. Dollars
2010	134 billion	14 billion
2011	143 billion	11.9 billion
2012	190.5 billion	22.5 billion
2013	216.7 billion	28.8 billion
2014	182.2 billion	20.6 billion
2015	177.3 billion	16.8 billion
2016	178.4 billion	20 billion
2017	211.8 billion	37.2 billion
2018	209.1 billion	38 billion
2019	197.6 billion	18.6 billion
2020	206.9 billion	23 billion
2021	244.3 billion	34.8 billion
Sources : Samsung Electronics Annual Report, 2010-2021

In the Income Statement of Annual Report in Samsung Electronics from 2010 to 2021, there are some fluctuations in revenue and net income. In 2010, the revenue of Samsung electronics reached 134 billion US. Dollar and net income reached 14 billion US Dollars. In several years, the revenue and income faced mixed trends with up and down conditions. Finally, in 2021, the revenue of Samsung electronics reached 244 billion US. Dollars and Net Income reached 34.8 billion US. Dollars.

Samsung Financial Performance from Time to Time- Revenue and Income of Samsung Electronics

The electronics industry is one of the most competitive businesses. Companies from this industry compete to display exceptional technologies that are beyond the consumer’s imagination. The models of Smartphones is always changed with the additional technology in the devices. Samsung is always still struggling with some competitors to increase the market share of its products. In the Technological business, Research and Development (R&D) is the key to sustain for the long term. The company needs to invent a breakthrough continuously.

Maybe, by the way, Samsung Electronic is the reflection of the developing technologies of South Korea. From time to time, Samsung tries to introduce the new product with exceptional features. Besides LG, Hyundai, and Kia, this company has the vision to increase its market shares. That’s the example of Rising of South Korea’s company in technology.