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Woori Financial Group Inc
Previous close
$28.84
Day range
$29.07 - $29.66
Year range
$24.94 - $36.17
Market cap
7.17B USD
Avg Volume
48.36K
In the news
Financials
Income Statement
Revenue
Net income
(KRW) | Dec 2023info | Y/Y change |
---|---|---|
Revenue | 1.54T | -26.22% |
Operating expense | 1.49T | 8.27% |
Net income | 68.11B | -85.81% |
Net profit margin | 4.42 | -80.77% |
Earnings per share | 387.00 | -79.23% |
EBITDA | — | — |
Effective tax rate | 22.25% | — |
Balance Sheet
Total assets
Total liabilities
(KRW) | Dec 2023info | Y/Y change |
---|---|---|
Cash and short-term investments | 39.80T | 7.93% |
Total assets | 498.00T | 3.65% |
Total liabilities | 464.61T | 3.51% |
Total equity | 33.40T | — |
Shares outstanding | 751.90M | — |
Price to book | 0.00 | — |
Return on assets | 0.08% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
(KRW) | Dec 2023info | Y/Y change |
---|---|---|
Net income | 68.11B | -85.81% |
Cash from operations | -17.31T | -4,457.28% |
Cash from investing | -810.96B | 79.10% |
Cash from financing | 23.02T | 162.94% |
Net change in cash | 4.66T | 41.35% |
Free cash flow | — | — |
About
Woori Financial Group is a Seoul-based banking and financial services holdings company and is the largest bank in South Korea.
Woori has had a short history as a financial institution. It was formed in 2001 from the forced merger of 4 predecessor commercial banks and an investment bank. The banks were taken over and recapitalised by the government because they had fallen below the Basel I Accord mandated eight percent capital adequacy ratio. The South Korean Government, through the Korean Deposit Insurance Corporation, remains the primary investor as a result.
This came about as a part of the 1997 Asian financial crisis, which affected the operations of virtually all banks and financial firms in South Korea. Wikipedia
Founded
Apr 2, 2001
Website
Employees
13,434