Seoul Guarantee Insurance Co., Ltd. (KRX:031210)

Seoul Guarantee Insurance Balance Sheet

Financials in millions KRW. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	-	-	-	-	5,333,252	4,954,610
Investments in Equity & Preferred Securities	11,130	10,129	8,466	5,440	1,064,835	504,593
Other Investments	610,671	643,551	642,063	623,953	1,753,844	1,461,077
Total Investments	8,341,881	8,317,347	8,233,362	7,605,658	8,317,960	7,229,537
Cash & Equivalents	28.52	25.18	29	28.4	31.99	28.28
Reinsurance Recoverable	280,349	305,825	284,187	287,643	617,612	644,593
Other Receivables	72,569	69,765	79,065	72,860	740,710	850,995
Property, Plant & Equipment	206,913	202,184	203,436	197,360	182,821	183,037
Other Intangible Assets	39,927	35,943	28,758	18,551	19,442	17,800
Other Current Assets	77,556	37,463	21,970	47,236	157,344	182,684
Long-Term Deferred Tax Assets	1,633	1,595	1,764	1,669	1,492	1,399
Long-Term Deferred Charges	128,129	99,278	64,594	32,755	37,010	42,773
Other Long-Term Assets	288,373	264,173	212,572	188,229	2,378	3,199
Total Assets	9,437,360	9,333,598	9,129,738	8,451,990	10,076,801	9,156,046
Accrued Expenses	51,097	67,809	64,016	64,680	60,776	56,899
Insurance & Annuity Liabilities	0	0	-0	-0	866.09	1,032
Unpaid Claims	-	-	-	-	799,099	741,699
Unearned Premiums	7,240	9,238	8,245	7,606	2,375,630	2,346,150
Reinsurance Payable	-	-	-	-	268,483	313,215
Current Income Taxes Payable	540.61	3,862	53,207	68,496	96,655	25,892
Long-Term Debt	40,000	39,650	40,858	42,073	43,272	44,464
Long-Term Deferred Tax Liabilities	563,483	498,078	471,287	371,399	675,881	505,629
Other Current Liabilities	25,014	79,415	20,420	24,320	19,753	9,711
Other Long-Term Liabilities	3,529,461	3,451,988	3,271,132	3,044,461	218,618	245,896
Total Liabilities	4,232,407	4,158,132	3,929,351	3,623,135	4,581,918	4,308,358
Common Stock	174,554	174,554	174,554	174,554	174,554	174,554
Retained Earnings	4,860,685	4,973,316	4,968,493	4,833,404	4,698,080	4,346,586
Comprehensive Income & Other	164,501	22,307	52,094	-184,209	617,450	322,195
Total Common Equity	5,199,740	5,170,177	5,195,142	4,823,749	5,490,083	4,843,335
Minority Interest	5,214	5,288	5,246	5,106	4,799	4,353
Shareholders' Equity	5,204,953	5,175,466	5,200,388	4,828,855	5,494,882	4,847,688
Total Liabilities & Equity	9,437,360	9,333,598	9,129,738	8,451,990	10,076,801	9,156,046
Filing Date Shares Outstanding	69.83	69.82	69.82	69.82	69.82	69.82
Total Common Shares Outstanding	69.83	69.82	69.82	69.82	69.82	69.82
Total Debt	40,000	39,650	40,858	42,073	43,272	44,464
Net Cash (Debt)	-39,971	-39,625	-40,829	-42,044	-43,240	-44,436
Net Cash Per Share	-572.59	-567.52	-584.77	-602.17	-619.29	-636.42
Book Value Per Share	74464.71	74048.39	74405.94	69086.78	78630.16	69367.29
Tangible Book Value	5,159,813	5,134,234	5,166,384	4,805,198	5,470,641	4,825,535
Tangible Book Value Per Share	73892.92	73533.61	73994.07	68821.09	78351.70	69112.35
Land	49,142	49,142	49,142	48,919	48,450	48,410
Buildings	115,262	114,964	114,950	114,367	112,574	110,886
Machinery	86,295	63,023	65,457	67,468	65,328	59,854
Construction In Progress	-	15,209	7,591	-	-	-

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.