Samsung Electronics marked the first private company in South Korea, excluding financial firms like banks, to see its total assets valued at over 300 trillion won.
The yearly net profit came to 42.2 trillion won, but its liquid assets like cash dropped. Samsung Electronics held 83.6 trillion won in cash in 2017, down 5.2 percent from the previous year.
Industry watchers cited Samsung Electronics‘ increased investment, share buyback and dividend payments.
Samsung Electronics has vowed to raise dividend payments further this year, by adopting internal policies to return at least 50 percent of free cash flow to investors. Last year, Samsung Electronics paid 5.8 trillion won for dividends, and the payment will increase the amount to 9.6 trillion won each year starting 2018.