Shinhan Alpha REIT Co Ltd

293940 · KO · Real Estate / REIT - Office

5,660.00KRW+10.00 (+0.18%)

Price History

Full chart

Market Stats

Previous Close5,650.00

Open5,580.00

Day Range5,580.00 – 5,710.00

52-Week Range4,863.54 – 6,051.39

Volume72.15K

Market Cap666.38B

P/E (TTM)0.00

Forward P/E0.00

Dividend Yield6.49%

Beta0.10

50-Day Avg5,378.00

200-Day Avg5,562.60

About

Founded in December 2017 and listed on the stock market in August 2018, Shinhan Alpha REIT Co., Ltd. is a real estate investment trust company. Shinhan REITs Management, which was established by Shinhan Financial Group as its first real estate asset management company and a financial holding company, invests in and manages various real estate properties.

Company Details

SectorReal Estate
IndustryREIT - Office
CEOMr. Jun-gu Lee
Employees0
Headquarters136, Sejong-daero,, Seoul, South Korea, 04520, Korea
Websitehttps://www.shalphareit.com

Leadership

Mr. Jun-gu LeeChairman & CEO
Mr. Byung-jik KimChief Investment Officer of Shinhan REITs Management
Mr. Ji-uk KimChief Executive Officer of Shinhan REITs Management

Financials

Income Statement

Currency: KRW	2018-09-30	2018-12-31	2019-06-30	2019-09-30	2019-12-31	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30
Total Revenue	11.70B	11.70B	21.22B	22.57B	22.57B	26.36B	44.04B	51.05B	53.42B	68.63B	85.33B
Growth (%)	-	0.00%	+81.29%	+6.39%	0.00%	+16.76%	+67.08%	+15.93%	+4.63%	+28.47%	+24.34%
Cost of Revenue	-	-	-	-	-	970.41M	1.68B	2.33B	-	-	-
Gross Profit	11.70B	11.70B	21.22B	22.57B	22.57B	26.36B	44.04B	51.05B	53.42B	68.63B	85.33B
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Expense	7.18B	7.18B	9.72B	9.75B	9.75B	13.01B	21.80B	22.40B	21.24B	23.54B	28.46B
Operating Income	4.52B	4.52B	11.50B	12.82B	12.82B	13.35B	22.24B	28.65B	32.18B	45.09B	56.87B
Operating Margin	38.61%	38.61%	54.19%	56.80%	56.80%	50.65%	50.49%	56.12%	60.23%	65.69%	66.65%
EBITDA	8.10B	-	-	16.23B	-	17.47B	28.70B	35.94B	-	54.25B	67.76B
EBITDA Margin	69.19%	-	-	71.88%	-	66.29%	65.17%	70.40%	-	79.05%	79.41%
Net Income	-2.56B	-2.56B	2.65B	4.97B	4.97B	2.69B	-1.08B	7.18B	8.00B	9.78B	11.56B
Net Income Margin	-21.89%	-21.89%	12.48%	22.02%	22.02%	10.21%	-2.46%	14.06%	14.98%	14.26%	13.55%
Interest Expense	7.74B	0	0	8.14B	0	11.03B	22.60B	20.81B	24.84B	34.46B	43.84B
Interest Expense % of Total Revenue	66.12%	0.00%	0.00%	36.06%	0.00%	41.84%	51.33%	40.77%	46.49%	50.22%	51.37%

Balance Sheet

Currency: KRW	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30
Total Assets	590.32B	739.67B	1.38T	1.91T	1.93T	2.00T	2.66T	3.13T
Total Liabilities	353.49B	461.10B	1.02T	1.56T	1.44T	1.41T	1.83T	2.33T
Total Equity	236.82B	278.57B	297.07B	284.31B	426.52B	535.65B	651.20B	623.80B
Cash	18.03B	4.72B	11.88B	38.30B	49.46B	102.04B	93.05B	92.88B
Total Debt	335.54B	432.73B	957.60B	1.47T	1.37T	-	-	-
Net Debt	317.51B	428.01B	945.73B	1.43T	1.32T	1.23T	1.65T	2.14T

Cash Flow

Currency: KRW	2018-09-30	2018-12-31	2019-06-30	2019-09-30	2019-12-31	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30
Operating Cash Flow	23.27B	23.27B	11.47B	4.38B	4.38B	8.76B	20.96B	18.94B	6.83B	21.33B	24.31B
Financing Cash Flow	736.94B	-	-	-16.50B	-	549.66B	-25.04B	-22.50B	-	-	-
Capital Expenditure	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	23.27B	-	-	4.38B	-	8.76B	20.96B	18.94B	6.83B	21.33B	24.31B
Dividends Paid	5.90B	-	14.07B	16.49B	16.49B	8.80B	23.01B	30.26B	17.20B	20.30B	27.86B
FCF to OCF	100.00%	-	-	100.00%	-	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Dividend Paid to FCF	25.37%	-	-	376.50%	-	100.41%	109.80%	159.73%	251.87%	95.14%	114.59%

Earnings

Report Date	Feb 14, 2019	May 8, 2019	Nov 22, 2019	Feb 14, 2020	Jun 2, 2020	Jun 30, 2020	Dec 29, 2020	Feb 15, 2021	Aug 17, 2021	Dec 13, 2021	Feb 11, 2022	Jun 14, 2022	Aug 12, 2022	Dec 13, 2022	Dec 31, 2022	Jun 13, 2023	Aug 14, 2023	Dec 14, 2023	Feb 14, 2024	Jun 11, 2024	Jun 30, 2024	Sep 30, 2024	Feb 14, 2025	Mar 31, 2025	Aug 13, 2025	Sep 30, 2025	Feb 12, 2026	Mar 31, 2026	Jun 30, 2026
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EPS Actual	2.00	77.30	8.78	48.14	34.81	17.76	2.30	30.37	-85.22	86.71	34.03	25.07	4.13	39.92	69.37	33.49	22.41	731.22	55.71	16.37	-4.82	21.22	32.00	38.54	6.72	35.45	33.69	48.30	-1.22
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	Pre-market	Pre-market	Pre-market	-	Pre-market	-	Pre-market	After-hours	After-hours	Pre-market	After-hours	Pre-market	After-hours	Pre-market	-	Pre-market	After-hours	Pre-market	After-hours	-	-	-	-	-	Pre-market	-	Pre-market	-	-

Key Statistics & Ratios

Market Cap666.38B

Enterprise Value2.83T

Trailing P/E0.00

Forward P/E0.00

Price / Sales3.90

Price / Book1.13

Revenue (TTM)170.66B

Gross Profit (TTM)166.87B

EBITDA130.60B

Profit Margin13.55%

Operating Margin58.00%

Return on Equity3.80%

Return on Assets2.45%

Shares Outstanding120.94M

Shares Float120.94M

Beta0.10

Dividend Yield6.49%

Dividend Rate364.00

Payout Ratio3.11%

Dividends

20261×

182.00Jun 11, 2026

20252×

179.00Dec 12, 2025173.00Mar 28, 2025

20242×

175.00Sep 27, 2024633.78Mar 28, 2024

20232×

183.62Sep 26, 2023187.57Mar 30, 2023

20222×

186.58Sep 29, 2022183.71Mar 30, 2022

20212×

164.99Sep 29, 2021152.87Mar 30, 2021

20202×

142.62Sep 28, 2020138.22Mar 30, 2020

20192×

129.01Sep 27, 2019126.24Mar 28, 2019

20181×

104.54Sep 27, 2018

Stock Splits

Mar 2, 2022669:653
Apr 8, 2020175:173
Dec 14, 20181592:1557