Korean Reinsurance Company (KRX:003690)
11,260
-410 (-3.51%)
At close: Dec 5, 2025
KRX:003690 Income Statement
Financials in millions KRW. Fiscal year is January - December.
Millions KRW. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2015 |
| Premiums & Annuity Revenue | 3,898,769 | 3,869,523 | 3,707,750 | 4,388,376 | 6,060,948 | 5,900,072 | Upgrade
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| Total Interest & Dividend Income | 341,727 | 316,424 | 262,813 | 264,644 | 242,586 | 184,324 | Upgrade
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| Gain (Loss) on Sale of Investments | 112,338 | 120,101 | 114,205 | 25,087 | 10,408 | 68,996 | Upgrade
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| Other Revenue | 100,476 | 86,571 | 62,819 | 32,405 | 319,090 | 391,055 | Upgrade
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| Total Revenue | 4,453,310 | 4,392,618 | 4,147,587 | 4,710,511 | 6,633,032 | 6,544,447 | Upgrade
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| Revenue Growth (YoY) | 3.71% | 5.91% | -11.95% | -28.98% | 1.35% | 6.16% | Upgrade
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| Policy Benefits | 3,899,913 | 4,019,511 | 3,537,910 | 4,201,943 | 5,235,661 | 4,898,285 | Upgrade
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| Policy Acquisition & Underwriting Costs | - | - | - | - | 863 | 1,272 | Upgrade
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| Amortization of Goodwill & Intangibles | - | - | - | - | 2,670 | 2,205 | Upgrade
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| Depreciation & Amortization | 7,480 | 5,585 | 520 | 416 | 568 | 588 | Upgrade
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| Selling, General & Administrative | 127,071 | 121,496 | 114,111 | 116,701 | 50,204 | 44,709 | Upgrade
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| Other Operating Expenses | 30,179 | 26,207 | 41,394 | 84,407 | 167,709 | 155,867 | Upgrade
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| Reinsurance Income or Expense | - | - | - | - | -988,762 | -1,086,257 | Upgrade
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| Total Operating Expenses | 4,056,401 | 4,171,625 | 3,690,841 | 4,402,239 | 6,548,950 | 6,273,709 | Upgrade
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| Operating Income | 396,909 | 220,994 | 456,746 | 308,273 | 84,081 | 270,738 | Upgrade
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| Interest Expense | -663.04 | -418.03 | -358.68 | -303.12 | -316.67 | -360.5 | Upgrade
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| Earnings From Equity Investments | -4,293 | -4,293 | -123 | -176 | 25 | -5 | Upgrade
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| Currency Exchange Gain (Loss) | 186,409 | 273,046 | 18,168 | 61,096 | 123,362 | -62,805 | Upgrade
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| Other Non Operating Income (Expenses) | -8,380 | -3,260 | 3,075 | -2,035 | -2,976 | -2,751 | Upgrade
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| EBT Excluding Unusual Items | 569,982 | 486,069 | 477,507 | 366,854 | 204,176 | 204,816 | Upgrade
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| Gain (Loss) on Sale of Investments | -79,132 | -87,604 | -103,304 | -16,207 | -3,610 | -15,103 | Upgrade
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| Gain (Loss) on Sale of Assets | 275 | 275 | 15 | 1,021 | -1 | 539 | Upgrade
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| Pretax Income | 491,600 | 399,215 | 374,218 | 351,668 | 200,565 | 190,252 | Upgrade
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| Income Tax Expense | 148,006 | 82,143 | 77,568 | 73,207 | 47,218 | 48,201 | Upgrade
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| Net Income | 343,594 | 317,072 | 296,651 | 278,461 | 153,347 | 142,052 | Upgrade
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| Preferred Dividends & Other Adjustments | 41,699 | 41,699 | 40,098 | 18,955 | 7,820 | 9,325 | Upgrade
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| Net Income to Common | 301,895 | 275,373 | 256,552 | 259,506 | 145,527 | 132,726 | Upgrade
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| Net Income Growth | 6.68% | 6.88% | 6.53% | 81.59% | 7.95% | -24.73% | Upgrade
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| Shares Outstanding (Basic) | 177 | 177 | 177 | 177 | 177 | 183 | Upgrade
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| Shares Outstanding (Diluted) | 177 | 177 | 177 | 177 | 177 | 183 | Upgrade
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| Shares Change (YoY) | -12.13% | - | - | - | -3.50% | -7.74% | Upgrade
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| EPS (Basic) | 1709.57 | 1558.24 | 1451.74 | 1468.45 | 823.49 | 724.75 | Upgrade
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| EPS (Diluted) | 1707.33 | 1556.00 | 1379.00 | 1468.33 | 823.49 | 724.54 | Upgrade
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| EPS Growth | 29.42% | 12.83% | -6.08% | 78.31% | 13.66% | -19.23% | Upgrade
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| Free Cash Flow | 1,446,566 | 1,149,326 | 681,694 | 1,304,980 | 636,833 | 512,357 | Upgrade
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| Free Cash Flow Per Share | 8191.58 | 6503.62 | 3857.46 | 7384.41 | 3603.61 | 2797.73 | Upgrade
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| Dividend Per Share | 515.000 | 515.000 | - | - | - | - | Upgrade
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| Operating Margin | 8.91% | 5.03% | 11.01% | 6.54% | 1.27% | 4.14% | Upgrade
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| Profit Margin | 6.78% | 6.27% | 6.19% | 5.51% | 2.19% | 2.03% | Upgrade
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| Free Cash Flow Margin | 32.48% | 26.16% | 16.44% | 27.70% | 9.60% | 7.83% | Upgrade
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| EBITDA | 437,308 | 254,041 | 476,670 | 324,054 | 92,812 | 279,307 | Upgrade
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| EBITDA Margin | 9.82% | 5.78% | 11.49% | 6.88% | 1.40% | 4.27% | Upgrade
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| D&A For EBITDA | 40,399 | 33,047 | 19,924 | 15,781 | 8,731 | 8,569 | Upgrade
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| EBIT | 396,909 | 220,994 | 456,746 | 308,273 | 84,081 | 270,738 | Upgrade
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| EBIT Margin | 8.91% | 5.03% | 11.01% | 6.54% | 1.27% | 4.14% | Upgrade
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| Effective Tax Rate | 30.11% | 20.58% | 20.73% | 20.82% | 23.54% | 25.34% | Upgrade
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Source: S&P Capital IQ. Insurance template. Financial Sources.