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    A010140   KR7010140002

SAMSUNG HEAVY INDUSTRIES CO., LTD.

(A010140)
  Report
End-of-day quote Korea Stock Exchange  -  2023-01-31
5870.00 KRW   +1.38%
02/02Samsung Heavy Industries : SHI, accelerating its transition to a `Smart shipyard`
PU
02/01Samsung Heavy Industries : SHI wins $2 bn orders in the first month of the new year alone
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01/31Seri damai and seri daya, latest sister vessels to join misc's eco-efficient lng carrier fleet
AQ
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Dassault Systèmes and Samsung Heavy Industries Cooperate to Establish Smart Digital Shipyard

11/29/2022 | 01:00am EST

Dassault Systèmes announced the signature of a Memorandum of Understanding with Samsung Heavy Industries to create a smart yard based on new digital transformation technology with the aim to establish a fully digital shipyard and a competitive edge. The smart yard is designed to optimize the shipyard operations' scheduling and execution as well as streamline and automate the flow of information required for construction, to accelerate production and assembly operations. Samsung Heavy Industries can better meet the booming demand for liquefied natural gas carriers by improving its capacity to produce them and shortening their delivery time.

By introducing model-based systems engineering, Samsung Heavy Industries can design more sophisticated and sustainable vessels requiring more automation, new systems and propulsions, and higher safety and control. MBSE, which is already a standard product development method in the transportation and mobility, aerospace, and high-tech industries, will enable Samsung Heavy Industries to strengthen its competitiveness in the ship development process and accelerate this process due to full traceability from concept to production. The cooperation with the Smart SHI team of Samsung Heavy Industries will allow Dassault Systèmes to organize a consultative group for digital transformation to define and validate new processes and tools required to achieve the smart yard.

This will involve Dassault Systèmes' core technologies and experts from its local office and global headquarters. Dassault Systèmes' 3DEXPERIENCE platform-based smart yard will support a unique digital thread integrating various data sources and real-time operations information. Connecting the virtual twins of ships and the virtual twin of the shipyard, automating and standardizing business processes with artificial intelligence, and optimizing planning and operations within the shipyard and with the supply chain will enable smart innovations for both production methods and production execution.


© S&P Capital IQ 2022
Stocks mentioned in the article
ChangeLast1st jan.
DASSAULT SYSTÈMES SE 0.00% 38.505 Real-time Quote.14.96%
SAMSUNG HEAVY INDUSTRIES CO., LTD. 1.38% 5870 End-of-day quote.14.87%
All news about SAMSUNG HEAVY INDUSTRIES CO., LTD.
02/02Samsung Heavy Industries : SHI, accelerating its transition to a `Smart shipyard`
PU
02/01Samsung Heavy Industries : SHI wins $2 bn orders in the first month of the new year alone
PU
01/31Seri damai and seri daya, latest sister vessels to join misc's eco-efficient lng carrie..
AQ
01/18Misc group partners industry experts in the carbon capture and storage value chain
AQ
01/04South Korean Shipyards Accelerate Efforts to Build Eco-Friendly Ships
MT
01/03Samsung Heavy Industries : SHI Speeds Up Development for Nuclear Power Plant On the Sea
PU
2022Samsung Heavy Industries : SHI Wins a KRW 160B Semiconductor Plant Construction Order
PU
2022South Korean Shipyards Secure More Orders in End-2022
MT
2022Samsung Heavy Industries : SHI wins an offshore plant order for KRW 2 trillion
PU
2022Samsung Heavy Industries : SHI Developed Its Own Boil-off Gas Recovery System for LNG carr..
PU
More news
Analyst Recommendations on SAMSUNG HEAVY INDUSTRIES CO., LTD.
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Financials
Sales 2022 6 171 B 4,96 B 4,96 B
Net income 2022 -464 B -0,37 B -0,37 B
Net Debt 2022 1 420 B 1,14 B 1,14 B
P/E ratio 2022 -12,4x
Yield 2022 -
Capitalization 5 010 B 4 029 M 4 029 M
EV / Sales 2022 1,04x
EV / Sales 2023 0,80x
Nbr of Employees -
Free-Float 73,3%
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Technical analysis trends SAMSUNG HEAVY INDUSTRIES CO., LTD.
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Mean consensus OUTPERFORM
Number of Analysts 16
Last Close Price 5 840,00 KRW
Average target price 6 668,75 KRW
Spread / Average Target 14,2%
EPS Revisions
Managers and Directors
Joon-Wu Nam Chief Executive Officer & Director
Dong-Seol Kim Managing Director & Head-Finance
Jin-Taek Jeong Managing Director & Head-Technology
Hyun-Dong Lee Vice President & Head-Compliance Management
Jong-Gye Shin Independent Director