Mirae Asset Life Insurance Co Ltd

Mirae Asset Life Insurance Co Ltd

085620 · KO · Financial Services / Insurance - Life

16,750.00KRW-1930.00 (-10.33%)

Price History

Full chart

Market Stats

Previous Close18,680.00
Open18,900.00
Day Range16,530.00 – 19,140.00
52-Week Range7,790.00 – 37,300.00
Volume260.16K
Market Cap2.53T
P/E (TTM)0.00
Forward P/E0.00
Dividend Yield0.00%
Beta0.10
50-Day Avg19,768.60
200-Day Avg16,231.55

About

MIRAE ASSET Life Insurance Co., Ltd. provides personal insurance products and undertakes related reinsurance contracts in South Korea. The company offers pension/savings, whole life/term, cancer/health, dementia/nursing care, whole life/term, and retirement pension insurance products, as well as insurance and insurance policyholder credit loans. MIRAE ASSET Life Insurance Co., Ltd. was founded in 1988 and is headquartered in Seoul, South Korea.

Company Details

  • SectorFinancial Services
  • IndustryInsurance - Life
  • CEOMr. Jae-Sik Kim
  • Employees756
  • Headquarters56 Gukjegeumyung-ro, Seoul, South Korea, 07330, Korea
  • Websitehttps://life.miraeasset.com

Leadership

  • Mr. Jae-Sik KimCEO & Vice Chairman of the Board · b. 1968
  • Mr. Mun Gyu HwangCEO & Executive Director · b. 1970
  • Mr. Jun-Woo ParkMD & Head of Audit Office · b. 1971
  • Mr. Soon-Pyo JeonSenior VP & Head of Pension Sales Division · b. 1971
  • Mr. Seon-Kyung ChoiMD & Chief Consumer Officer · b. 1970
  • Mr. Eun Sang OhManaging Director · b. 1974
  • Sung Ho ChoMD, Senior Actuary & Head of Actuarial Department · b. 1974
  • Seunghwan KimSenior MD & Head of GA Sales Division
  • Jin-Hyuk ChoiSenior VP & Head of Digital Division
  • Byung Wook HwangMD & Head of Public Relations Office

Financials

Income Statement

Currency: KRW2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue3.52T3.85T3.50T3.68T3.32T3.12T2.74T2.84T2.52T4.18T3.64T4.34T
Growth (%)-+9.30%-9.18%+5.26%-9.64%-6.12%-12.25%+3.51%-11.18%+65.87%-12.96%+19.44%
Cost of Revenue2.79T2.92T2.65T2.58T2.35T-------
Gross Profit773.66B931.70B967.74B1.43T1.01T-------
Gross Margin21.97%24.21%27.68%38.79%30.23%-------
Operating Expense597.68B685.73B956.58B752.26B900.29B-------
Operating Income175.97B245.97B11.16B675.04B104.92B-------
Operating Margin5.00%6.39%0.32%18.34%3.16%-------
Net Income121.00B122.32B77.98B221.11B106.60B109.50B79.77B79.09B124.82B101.40B136.11B130.78B
Net Income Margin3.44%3.18%2.23%6.01%3.21%3.51%2.91%2.79%4.96%2.43%3.74%3.01%
Interest Expense00004.78B9.96B9.76B18.07B22.32B20.95B13.30B14.95B
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.14%0.32%0.36%0.64%0.89%0.50%0.37%0.34%

Balance Sheet

Currency: KRW2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets24.68T27.22T28.64T35.52T34.64T38.02T40.63T42.00T35.04T33.09T32.49T32.92T
Total Liabilities23.18T25.36T26.76T33.47T32.58T35.68T38.34T40.10T30.95T30.08T29.93T30.47T
Total Equity1.50T1.75T1.88T2.05T2.06T2.34T2.29T1.90T4.09T3.02T2.56T2.45T
Cash5.00M5.00M336.14B309.10B246.55B383.82B315.00B254.23B1.07T1.37T1.07T1.08T
Net Debt-------244.40B469.97B---

Cash Flow

Currency: KRW2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-99.62B2.00T1.35T989.60B-332.62B375.21B-79.61B100.47B-218.89B-990.66B-253.25B284.52B
Investing Cash Flow107.25B-1.99T-1.47T-925.18B220.95B-276.30B49.21B-44.33B----
Financing Cash Flow76.16B45.89B71.16B-130.14B118.55B-47.31B-83.91B-135.62B----
Capital Expenditure14.38B269.52B21.93B37.78B59.34B62.49B12.03B7.17B7.85B11.40B15.66B79.60B
Free Cash Flow---950.85B-392.50B307.96B-99.56B91.71B-226.74B-1.00T-268.91B204.92B
Dividends Paid31.86B45.52B27.89B22.89B39.39B38.54B38.54B28.35B13.05B---
FCF to OCF---96.08%118.00%82.08%125.06%91.27%103.59%101.15%106.19%72.02%
Dividend Paid to FCF---2.41%-10.04%12.51%-38.71%30.91%-5.75%---

Earnings

Report DateSep 30, 2015Dec 31, 2015May 16, 2016Aug 9, 2016Nov 9, 2016Feb 24, 2017May 11, 2017Aug 8, 2017Nov 8, 2017Jan 24, 2018May 15, 2018Aug 14, 2018Nov 13, 2018Jan 25, 2019Mar 31, 2019Jun 30, 2019Nov 13, 2019Feb 26, 2020May 14, 2020Aug 13, 2020Nov 13, 2020Jan 26, 2021May 17, 2021Aug 17, 2021Nov 15, 2021Mar 17, 2022Apr 11, 2022Aug 16, 2022Nov 10, 2022Jan 27, 2023May 15, 2023Aug 14, 2023Nov 13, 2023Mar 20, 2024May 16, 2024Aug 14, 2024Nov 14, 2024Jan 31, 2025May 21, 2025Aug 12, 2025Nov 12, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026
EPS Estimate-----------282.351437.36-447.61------------------------------
EPS Actual102.84403.0085.26221.708.25240.004.151225.6272.2441.22174.5085.0053.00345.00174.35233.86153.2731.12157.41293.65204.00-196.53-27.42245.38156.65158.27135.00317.38272.00-283.46786.17347.45462.84-698.20334.36168.2632.77507.79189.94388.51381.3342.50409.12137.64
Surprise------------69.90%-96.31%177.08%------------------------------
Timing--Pre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-market--Pre-marketPre-market--After-hoursAfter-hours---Pre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market---

Key Statistics & Ratios

Market Cap2.53T
Enterprise Value1.68T
Trailing P/E0.00
Forward P/E0.00
Price / Sales0.29
Price / Book1.09
Revenue (TTM)8.72T
Gross Profit (TTM)1.61T
EBITDA29.93B
Profit Margin1.45%
Operating Margin-6.82%
Return on Equity5.17%
Return on Assets-0.01%
Shares Outstanding130.56M
Shares Float18.73M
Beta0.10
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Dividends

20221×
100.00Dec 28, 2022
20211×
100.00Dec 29, 2021
20201×
100.00Dec 29, 2020
20191×
170.00Dec 27, 2019
20181×
170.00Dec 27, 2018
20171×
170.00Dec 27, 2017
20161×
55.00Dec 28, 2016
20151×
55.00Dec 29, 2015