Korean Reinsurance Company (KRX:003690)
South Korea · Delayed Price · Currency is KRW 12,620
+330 (2.69%)
Apr 28, 2026, 3:30 PM KST
KRX:003690 Income Statement
Financials in millions KRW. Fiscal year is January - December.
Millions KRW. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Premiums & Annuity Revenue | 3,811,891 | 3,869,523 | 3,707,750 | 4,388,376 | 6,060,948 |
Total Interest & Dividend Income | 348,732 | 316,424 | 262,813 | 264,644 | 242,586 |
Gain (Loss) on Sale of Investments | 117,433 | 120,101 | 114,205 | 25,087 | 10,408 |
Other Revenue | 105,176 | 86,571 | 62,819 | 32,405 | 319,090 |
| 4,383,233 | 4,392,618 | 4,147,587 | 4,710,511 | 6,633,032 | |
Revenue Growth (YoY) | -0.21% | 5.91% | -11.95% | -28.98% | 1.35% |
Policy Benefits | 3,746,427 | 4,019,511 | 3,537,910 | 4,201,943 | 5,235,661 |
Policy Acquisition & Underwriting Costs | - | - | - | - | 863 |
Amortization of Goodwill & Intangibles | - | - | - | - | 2,670 |
Depreciation & Amortization | 4,274 | 5,585 | 520 | 416 | 568 |
Selling, General & Administrative | 119,878 | 121,496 | 114,111 | 116,701 | 50,204 |
Other Operating Expenses | 28,717 | 26,207 | 41,394 | 84,407 | 167,709 |
Reinsurance Income or Expense | - | - | - | - | -988,762 |
Total Operating Expenses | 3,896,729 | 4,171,625 | 3,690,841 | 4,402,239 | 6,548,950 |
Operating Income | 486,504 | 220,994 | 456,746 | 308,273 | 84,081 |
Interest Expense | -924.13 | -418.03 | -358.68 | -303.12 | -316.67 |
Earnings From Equity Investments | -1,827 | -4,293 | -123 | -176 | 25 |
Currency Exchange Gain (Loss) | 48,022 | 273,046 | 18,168 | 61,096 | 123,362 |
Other Non Operating Income (Expenses) | -7,794 | -3,260 | 3,075 | -2,035 | -2,976 |
EBT Excluding Unusual Items | 523,981 | 486,069 | 477,507 | 366,854 | 204,176 |
Gain (Loss) on Sale of Investments | -59,378 | -87,604 | -103,304 | -16,207 | -3,610 |
Gain (Loss) on Sale of Assets | 180 | 275 | 15 | 1,021 | -1 |
Pretax Income | 464,783 | 399,215 | 374,218 | 351,668 | 200,565 |
Income Tax Expense | 140,236 | 82,143 | 77,568 | 73,207 | 47,218 |
Net Income | 324,547 | 317,072 | 296,651 | 278,461 | 153,347 |
Preferred Dividends & Other Adjustments | 41,541 | 41,699 | 40,098 | 18,955 | 7,820 |
Net Income to Common | 283,006 | 275,373 | 256,552 | 259,506 | 145,527 |
Net Income Growth | 2.36% | 6.88% | 6.53% | 81.59% | 7.95% |
Shares Outstanding (Basic) | 177 | 177 | 177 | 177 | 177 |
Shares Outstanding (Diluted) | 177 | 177 | 177 | 177 | 177 |
Shares Change (YoY) | - | - | - | - | -3.50% |
EPS (Basic) | 1601.43 | 1558.24 | 1451.74 | 1468.45 | 823.49 |
EPS (Diluted) | 1601.43 | 1558.24 | 1379.00 | 1468.33 | 823.49 |
EPS Growth | 2.77% | 13.00% | -6.08% | 78.31% | 13.66% |
Free Cash Flow | 1,655,458 | 1,149,326 | 681,694 | 1,304,980 | 636,833 |
Free Cash Flow Per Share | 9367.63 | 6503.62 | 3857.46 | 7384.41 | 3603.61 |
Operating Margin | 11.10% | 5.03% | 11.01% | 6.54% | 1.27% |
Profit Margin | 6.46% | 6.27% | 6.19% | 5.51% | 2.19% |
Free Cash Flow Margin | 37.77% | 26.16% | 16.44% | 27.70% | 9.60% |
EBITDA | 520,579 | 254,041 | 476,670 | 324,054 | 92,812 |
EBITDA Margin | 11.88% | 5.78% | 11.49% | 6.88% | 1.40% |
D&A For EBITDA | 34,075 | 33,047 | 19,924 | 15,781 | 8,731 |
EBIT | 486,504 | 220,994 | 456,746 | 308,273 | 84,081 |
EBIT Margin | 11.10% | 5.03% | 11.01% | 6.54% | 1.27% |
Effective Tax Rate | 30.17% | 20.58% | 20.73% | 20.82% | 23.54% |
Source: S&P Global Market Intelligence. Insurance template. Financial Sources.