See more : ZTE Corporation (FZM.VI) Income Statement Analysis – Financial Results
Complete financial analysis of Woori Financial Group Inc. (316140.KS) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Woori Financial Group Inc., a leading company in the Banks – Regional industry within the Financial Services sector.
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Woori Financial Group Inc. (316140.KS)
About Woori Financial Group Inc.
Woori Financial Group Inc., together with its subsidiaries, operates as a commercial bank that provides a range of financial services to individual, business, and institutional customers in Korea. It operates through Banking, Credit Card, Capital, Investment Banking, and Others segments. The company offers savings, demand, and installment deposits; time deposits and certificates of deposit; and working capital, facilities, general purpose household, mortgage, and home equity loans. It also offers debit and credit cards, cash services, card loans, and related services; lease financing; and securities operation, sale of financial instruments, project financing, and other related activities. In addition, the company provides credit purchase, cash advance, credit card loans, foreign exchange services and dealing, import and export-related services, offshore lending, syndicated loans and foreign currency securities investment, investment trust products, bancassurance, and private equity funds. Further, it is involved in the real estate, system software development and maintenance, financing, credit information, securities investment and trading, derivatives trading, asset securitization, investment and international banking, money transfer, and other service. The company also offers automated telephone, Internet, and mobile banking services. In addition, it offers trust management, trustee and custodian service, and repurchase instrument. As of December 31, 2021, it served customers through a network of 768 branches and 4,296 ATMs. The company was founded in 1899 and is headquartered in Seoul, South Korea.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 9,499.11B | 11,430.49B | 9,603.23B | 7,725.06B | 7,744.62B | 7,107.50B | 7,241.58B | 6,254.54B | 11,072.14B |
| Cost of Revenue | 441.06B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 9,058.05B | 11,430.49B | 9,603.23B | 7,725.06B | 7,744.62B | 7,107.50B | 7,241.58B | 6,254.54B | 11,072.14B |
| Gross Profit Ratio | 95.36% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 3,998.49B | 4,113.53B | 3,793.13B | 3,581.48B | 3,395.48B | 3,219.39B | 3,471.07B | 3,051.52B | 0.00 |
| Selling & Marketing | 215.79B | 160.46B | 101.38B | 94.88B | 85.89B | 72.45B | 68.94B | 76.15B | 0.00 |
| SG&A | 4,214.28B | 4,273.99B | 3,894.52B | 3,676.36B | 3,481.36B | 3,291.84B | 3,540.01B | 3,127.68B | 0.00 |
| Other Expenses | 0.00 | -31.66B | -62.34B | -149.33B | -75.43B | -352.04B | -6.73B | -369.09B | -2,373.62B |
| Operating Expenses | 4,213.44B | 4,242.33B | 3,832.18B | 3,527.03B | 3,405.93B | 2,939.81B | 3,533.28B | 2,758.59B | 2,373.62B |
| Cost & Expenses | 4,213.44B | 4,242.33B | 3,832.18B | 3,527.03B | 3,405.93B | 2,939.81B | 3,533.28B | 2,758.59B | 9,581.31B |
| Interest Income | 20,641.55B | 14,654.55B | 9,894.75B | 9,523.85B | 10,576.77B | 9,684.50B | 8,550.69B | 8,512.31B | 0.00 |
| Interest Expense | 11,899.01B | 5,957.97B | 2,909.03B | 3,525.34B | 4,683.90B | 4,033.55B | 3,330.50B | 3,492.77B | 924.52B |
| Depreciation & Amortization | 993.18B | 925.39B | 540.93B | 532.86B | 503.49B | 268.51B | 231.89B | 248.27B | 240.76B |
| EBITDA | 4,395.40B | 0.00 | 4,541.14B | 2,536.80B | 3,228.77B | 0.00 | 3,062.17B | 0.00 | 2,631.04B |
| EBITDA Ratio | 46.27% | 97.90% | 45.00% | 30.15% | 39.55% | 99.79% | 75.92% | 84.45% | 13.71% |
| Operating Income | 5,285.67B | 10,261.04B | 3,529.81B | 1,793.27B | 2,557.66B | 6,819.95B | 5,262.06B | 5,029.89B | 1,277.46B |
| Operating Income Ratio | 55.64% | 89.77% | 36.76% | 23.21% | 33.02% | 95.95% | 72.66% | 80.42% | 11.54% |
| Total Other Income/Expenses | -1,768.22B | -1,140.79B | 72.85B | -1,068.55B | -543.90B | -568.82B | -372.03B | -518.15B | -690.18B |
| Income Before Tax | 3,517.45B | 4,485.37B | 3,749.24B | 2,001.25B | 2,723.05B | 2,804.87B | 1,949.51B | 1,553.39B | 1,465.76B |
| Income Before Tax Ratio | 37.03% | 39.24% | 39.04% | 25.91% | 35.16% | 39.46% | 26.92% | 24.84% | 13.24% |
| Income Tax Expense | 890.56B | 1,161.39B | 941.87B | 486.00B | 685.45B | 753.22B | 419.42B | 275.86B | 376.55B |
| Net Income | 2,506.30B | 3,186.77B | 2,542.84B | 1,307.27B | 1,872.21B | 2,033.18B | 1,512.15B | 1,261.27B | 875.84B |
| Net Income Ratio | 26.38% | 27.88% | 26.48% | 16.92% | 24.17% | 28.61% | 20.88% | 20.17% | 7.91% |
| EPS | 3.23K | 4.19K | 3.48K | 1.74K | 2.72K | 3.02K | 1.98K | 1.55K | 1.30K |
| EPS Diluted | 3.23K | 4.19K | 3.48K | 1.74K | 2.72K | 2.99K | 1.98K | 1.55K | 1.30K |
| Weighted Avg Shares Out | 735.39M | 727.72M | 724.42M | 722.27M | 685.49M | 673.27M | 673.00M | 680.16M | 673.00M |
| Weighted Avg Shares Out (Dil) | 735.39M | 727.72M | 724.42M | 722.27M | 685.49M | 680.16M | 680.16M | 680.16M | 673.00M |
Source: https://incomestatements.info
Category: Stock Reports