MIRAE ASSET Life Insurance Co., Ltd. (KRX: 085620)
South Korea flag South Korea · Delayed Price · Currency is KRW
5,210.00
-60.00 (-1.14%)
Nov 15, 2024, 3:30 PM KST

MIRAE ASSET Life Insurance Income Statement

Millions KRW. Fiscal year is Jan - Dec.
Fiscal Year
TTM FY 2023 FY 2022 FY 2021 FY 2020 FY 2019 2018 - 2014
Period Ending
Jun '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 2018 - 2014
Premiums & Annuity Revenue
1,622,5701,532,5414,118,2811,743,0861,806,0801,867,489
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Total Interest & Dividend Income
589,564617,132681,497622,980659,178673,782
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Gain (Loss) on Sale of Investments
2,017,8812,185,246376,531141,202122,36264,838
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Other Revenue
415,872471,228486,933526,577670,600457,010
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Total Revenue
4,645,8884,806,1485,663,2433,033,8443,258,2213,063,119
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Revenue Growth (YoY)
4.32%-15.13%86.67%-6.89%6.37%-8.57%
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Policy Benefits
3,614,4373,593,1452,020,2841,915,6851,874,3971,957,034
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Policy Acquisition & Underwriting Costs
36,61254,36069,402237,749197,053184,398
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Amortization of Goodwill & Intangibles
14,18413,70814,54626,93629,57040,387
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Depreciation & Amortization
9,72310,84912,24322,07923,34723,830
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Selling, General & Administrative
36,17535,33131,84878,66768,15566,588
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Other Operating Expenses
568,855575,588757,817529,215430,601429,963
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Reinsurance Income or Expense
-24,539-24,357-23,905-94,150-136,638-164,608
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Total Operating Expenses
4,345,4984,348,6522,966,6703,035,3892,894,6112,988,067
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Operating Income
300,390457,4962,696,573-1,545363,60975,051
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Interest Expense
-16,704-20,955-22,322-18,073-9,761-9,957
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Currency Exchange Gain (Loss)
208,145156,632413,883202,799-154,68896,262
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Other Non Operating Income (Expenses)
874.27-3,8471,827-3,236-8,0719,878
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EBT Excluding Unusual Items
492,705589,3263,089,962179,945191,090171,234
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Gain (Loss) on Sale of Investments
-439,544-424,052-2,925,741-76,667-80,312-20,633
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Gain (Loss) on Sale of Assets
-415-306314-1,083-81-1,136
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Asset Writedown
-----482-1,839
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Pretax Income
52,747164,968164,535102,195110,215147,626
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Income Tax Expense
17,87547,76339,72023,10927,77738,124
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Earnings From Continuing Ops.
34,872117,205124,81579,08582,438109,502
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Net Income
34,872117,205124,81579,08582,438109,502
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Preferred Dividends & Other Adjustments
----15,00015,000
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Net Income to Common
34,872117,205124,81579,08567,43894,502
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Net Income Growth
-79.87%-6.10%57.82%-4.07%-24.72%2.72%
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Shares Outstanding (Basic)
130130130131134138
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Shares Outstanding (Diluted)
130130130141134138
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Shares Change (YoY)
-0.00%0.03%-7.81%5.25%-2.92%-1.78%
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EPS (Basic)
267.26898.26956.92603.64501.67682.45
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EPS (Diluted)
267.00898.00956.92559.00501.67682.00
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EPS Growth
-79.89%-6.16%71.18%11.43%-26.44%4.97%
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Free Cash Flow
-151,616-993,551-678,48093,303-91,641312,721
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Free Cash Flow Per Share
-1161.99-7614.59-5201.68659.43-681.712258.31
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Dividend Per Share
---100.000100.000170.000
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Dividend Growth
---0%-41.18%0%
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Operating Margin
6.47%9.52%47.62%-0.05%11.16%2.45%
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Profit Margin
0.75%2.44%2.20%2.61%2.07%3.09%
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Free Cash Flow Margin
-3.26%-20.67%-11.98%3.08%-2.81%10.21%
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EBITDA
334,545492,0552,733,29447,470416,526139,268
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EBITDA Margin
7.20%10.24%48.26%1.56%12.78%4.55%
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D&A For EBITDA
34,15534,55936,72149,01552,91764,217
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EBIT
300,390457,4962,696,573-1,545363,60975,051
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EBIT Margin
6.47%9.52%47.62%-0.05%11.16%2.45%
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Effective Tax Rate
33.89%28.95%24.14%22.61%25.20%25.82%
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Source: S&P Capital IQ. Insurance template. Financial Sources.