Korean Reinsurance Co

Chart & Performance

D1W1MN

P/E

5.02

P/S

0.35

EPS

1,639.90

Div Yield, %

3.70%

Shrs. gr., 5y

6.18%

Rev. gr., 5y

-16.00%

Revenues

4.10t

-48.22%

Net income

283.87b

+79.83%

CFO

638.60b

-51.12%

Dividend

Apr 02, 2024540 KRW/sh

Earnings

Feb 13, 2025

Profile

Korean Reinsurance Company provides life and non-life reinsurance products in Korea and internationally. The company offers property insurance products, such as fire, property all risks, inland floater, and museum; engineering insurance products, including contractor's and erection all risks, machinery, electric equipment, civil engineering completed risk, contractor's plant and machinery, and comprehensive machinery; marine insurance products comprising hull, cargo, and aviation; and casualty insurance products, such as general and professional liability, workers compensation, personal accident, guarantee, and other specialty insurance. It also provides life reinsurance, including insurance against death, health, and other insurance products. In addition, the company offers agriculture and other specialty lines, nuclear, and motor reinsurance products. Korean Reinsurance Company was incorporated in 1963 and is headquartered in Seoul, South Korea.

URL

http://koreanre.co.kr/

IPO date

Dec 22, 1969

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title KRW in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title KRW in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	4,097,693,901 -48.22%	7,914,185,958 18.42%	6,682,929,825 3.88%
Cost of revenue	(2,751,666,124)	1,228,791,874	1,043,539,497
Unusual Expense (Income)
NOPBT	6,849,360,025	6,685,394,084	5,639,390,328
NOPBT Margin	167.15%	84.47%	84.38%
Operating Taxes	77,567,510	33,483,056	47,217,617
Tax Rate	1.13%	0.50%	0.84%
NOPAT	6,771,792,514	6,651,911,028	5,592,172,711
Net income	283,868,821 79.83%	157,856,567 2.94%	153,347,325 7.95%
Dividends	(52,770,864)	(53,691,286)	(46,021,102)
Dividend yield	3.59%	4.46%	4.05%
Proceeds from repurchase of equity	3,001
BB yield	0.00%
Debt
Debt current		3,153,377,558	2,628,000
Long-term debt	7,865,000	567,534,891	233,831,610
Deferred revenue		53,098,213	48,827,000
Other long-term liabilities	8,451,469,855	2,245,634,533	(229,438,610)
Net debt	(7,905,831,943)	(7,087,924,607)	(10,913,573,964)
Cash flow
Cash from operating activities	638,604,377	1,306,505,752	637,946,282
CAPEX	(9,467,468)	(6,760,269)	(1,958,798)
Cash from investing activities	(794,265,526)	(1,532,481,458)	(573,836,233)
Cash from financing activities	162,862,319	256,123,918	(56,881,456)
FCF	11,469,226,339	3,451,747,836	5,434,304,048
Balance
Cash	1,000	4,294,026,666	5,918,641,050
Long term investments	7,913,695,943	6,514,810,390	5,231,392,524
Excess cash	7,708,812,248	10,413,127,758	10,815,887,083
Stockholders' equity	2,209,596,911	4,211,307,056	4,120,068,292
Invested Capital	9,494,768,673	10,320,480,414	5,921,424,550
ROIC	68.35%	81.91%	99.04%
ROCE	56.76%	44.93%	53.92%
EV
Common stock shares outstanding	205,826	176,721	147,268
Price	7,150.00 4.99%	6,810.00 -11.65%	7,708.33 17.24%
Market cap	1,471,658,295 22.28%	1,203,470,698 6.02%	1,135,187,598 13.13%
EV	(6,434,173,648)	(5,884,453,910)	(9,778,386,366)
EBITDA	6,868,763,025	6,701,175,084	5,648,121,328
EV/EBITDA
Interest	358,682	377,121	316,672
Interest/NOPBT	0.01%	0.01%	0.01%