Financials Woori Financial Group Inc.

Equities

A316140

KR7316140003

Banks

End-of-day quote Korea S.E. Other stock markets 2024-09-06			5-day change	1st Jan Change
15,970.00 ^KRW	-0.50%		-0.31%	+22.85%

Sep. 03	Nongshim Co., Ltd. announced that it has received KRW 138.4587685 billion in funding from a group of investors	CI
Aug. 30	Woori Financial Group Capable of Absorbing Capital Impact of Insurers' Purchase, S&P Says	MT

Projected Income Statement: Woori Financial Group Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	6,996	7,013	8,456	10,407	9,690	10,370	10,699	11,037
Change	-	0.23%	20.59%	23.06%	-6.89%	7.03%	3.17%	3.17%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	3,174	2,080	3,660	4,463	3,513	5,651	5,816	5,982
Change	-	-34.46%	75.92%	21.94%	-21.29%	60.89%	2.91%	2.86%
Interest Paid	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	2,723	2,001	3,749	4,523	3,531	4,152	4,362	4,553
Change	-	-26.51%	87.34%	20.65%	-21.94%	17.58%	5.05%	4.38%
Net income ¹	1,872	1,515	2,588	3,352	2,517	3,019	3,146	3,312
Change	-	-19.07%	70.79%	29.51%	-24.91%	19.95%	4.23%	5.26%
Announcement Date	3/3/20	2/5/21	2/9/22	2/8/23	2/6/24	-	-	-

¹KRW in Billions

Estimates

Fiscal Period: December	2019 Q3	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2
Net sales ¹	1,766	1,739	1,737	1,344	1,720	1,853	1,978	2,074	2,143	2,262	2,393	2,556	2,669	2,788	2,637	2,618	2,475	2,329	2,701	2,752	2,592	2,512	2,513	2,660
Change	-	-1.57%	-0.1%	-22.62%	27.98%	7.74%	6.74%	4.84%	3.31%	5.57%	5.81%	6.81%	4.4%	4.47%	-5.43%	-0.7%	-5.47%	-5.9%	15.98%	1.89%	-5.83%	-3.08%	0.04%	5.86%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	659.3	480.8	773.3	1,375	674.9	430.3	933.3	1,119	1,092	583.8	1,228	2,432	1,271	-468.7	1,252	1,452	1,223	949.7	1,149	1,662	1,478	1,093	-	-
Change	-	-27.08%	60.86%	77.74%	-50.9%	-36.24%	116.9%	19.89%	-2.39%	-46.55%	110.43%	97.99%	-47.76%	-	-	15.93%	-15.72%	-22.38%	21.01%	44.64%	-11.11%	-26.03%	-100%	-
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	670.3	368.6	752.6	281.2	675.6	291.4	941.3	1,076	1,135	596.2	1,227	1,303	1,288	705	1,271	878	1,247	135.6	1,144	1,067	1,164	618	-	-
Change	-	-45%	104.17%	-62.63%	140.23%	-56.86%	223%	14.31%	5.51%	-47.49%	105.87%	6.16%	-1.12%	-45.27%	80.21%	-30.89%	42.02%	-89.12%	743.15%	-6.69%	9.04%	-46.89%	-100%	-
Net income ¹	486	206.5	518.2	142.3	479.8	219.5	671.6	748.2	778.6	389.7	884.2	922.7	899.8	462.5	911.3	627.3	899.4	78.37	824.5	849	856.2	457	-	-
Change	-	-57.51%	150.94%	-72.54%	237.18%	-54.25%	205.95%	11.41%	4.06%	-49.95%	126.92%	4.36%	-2.49%	-48.6%	97.03%	-31.17%	43.38%	-91.29%	952.1%	2.98%	0.84%	-46.62%	-100%	-
Announcement Date	10/29/19	3/3/20	4/27/20	7/27/20	10/26/20	2/5/21	4/21/21	7/21/21	10/25/21	2/9/22	4/22/22	8/17/22	10/25/22	2/8/23	4/24/23	7/27/23	10/26/23	2/6/24	4/26/24	7/25/24	-	-	-	-

¹KRW in Billions

Estimates

Fiscal Period: December	2023 S1
Net sales ¹	5,255
Change	-
EBITDA	-
Change	-
EBIT	-
Change	-
Charge d'intérêts	-
Earnings before Tax (EBT) ¹	2,149
Change	-
Net income ¹	1,539
Change	-
Announcement Date	7/27/23

¹KRW in Billions

Estimates

Forecast Balance Sheet: Woori Financial Group Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	3/3/20	2/5/21	2/9/22	2/8/23	2/6/24	-	-	-

Estimates

Cash Flow Forecast: Woori Financial Group Inc.

Fiscal Period: December	2018	2019	2020	2021	2022	2023
CAPEX ¹	118,668	429,547	149,341	119,255	172,876	164,696
Change	-	261.97%	-65.23%	-20.15%	44.96%	-4.73%
Free Cash Flow (FCF) ¹	-	-	-	-	-	-
Change	-	-	-	-	-	-
Announcement Date	3/19/19	3/17/20	3/12/21	3/15/22	3/7/23	3/6/24

¹KRW in Million

Estimates

Forecast Financial Ratios: Woori Financial Group Inc.

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	-	-	-	-	-	-	-	-	-
EBIT Margin (%)	-	45.37%	29.67%	43.28%	42.88%	36.25%	54.5%	54.36%	54.2%
EBT Margin (%)	-	38.92%	28.54%	44.34%	43.47%	36.44%	40.04%	40.77%	41.25%
Net margin (%)	-	26.76%	21.61%	30.6%	32.21%	25.97%	29.11%	29.41%	30.01%
FCF margin (%)	-	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-	-
Profitability
ROA	-	0.53%	0.4%	0.61%	0.68%	0.54%	0.6%	0.59%	0.6%
ROE	-	8.66%	5.8%	10.1%	11.08%	8.69%	9.48%	9.36%	9.22%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	-	-	-	-	-	-	-
CAPEX / EBITDA (%)	-	-	-	-	-	-	-	-	-
CAPEX / FCF (%)	-	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	700	360	900	1,130	1,000	1,183	1,274	1,357
Change	-	-	-48.57%	150%	25.56%	-11.5%	18.35%	7.62%	6.52%
Book Value Per Share ¹	-	31,402	26,503	35,666	39,505	37,327	42,132	45,372	48,634
Change	-	-	-15.6%	34.57%	10.76%	-5.51%	12.87%	7.69%	7.19%
EPS ¹	-	2,727	1,742	3,481	4,191	3,230	4,023	4,242	4,494
Change	-	-	-36.12%	99.83%	20.4%	-22.93%	24.54%	5.45%	5.94%
Nbr of stocks (in thousands)	-	-	-	-	-	-	-	-	-
Announcement Date	-	3/3/20	2/5/21	2/9/22	2/8/23	2/6/24	-	-	-