[삼성重은 지금] 결손금 1.5조, 멀어진 '배당·기업가치 제고'

Samsung Heavy Industries cannot resume dividends despite entering a shipbuilding upswing, held back by accumulated deficits of 1.5 trillion won from years of operational losses. Beyond cyclical revenue recovery, the company's absent value-up strategic plans and governance weaknesses—including underdeveloped shareholder rights frameworks and CEO-dominated board structure—signal insufficient structural reform. Investors should monitor whether management commits to transparent capital allocation strategies and governance improvements, which typically accompany industry cycle recovery.