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    Insurance - Life
Hanwha Life Insurance Co., Ltd.

Hanwha Life Insurance Co., Ltd.

088350.KS
Hanwha Life Insurance Co., Ltd.KR flagKorea Exchange
4,500.00
KRW
+30.00
- -
3.38TMarket Cap
Hanwha Life Insurance Co., Ltd.
088350.KS
(Korea Exchange)

Recent

price

4,500.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
FRC
17,668.58
16,524.64
12,713.38
16,894.62
11,459.75
16,143.54
19,574.04
22,911.38
27,371.54
24,493.13
25,278.82
26,766.48
25,807.38
17,067.3
21,602.05
21,983.15
24,007.18
Revenue per Share
582
547
594.89
609
422
482
658.12
1,058
757
473
133.65
268.76
1,455
1,249
954
973.02
703.33
Basic EPS, GAAP
-2,142.15
-103.79
200.03
6,692.06
5,214.99
3,210.16
9,958.77
5,307.14
4,113.93
1,646.53
1,136.8
1,792.79
6,658.79
1,275.74
2,012.08
6,750.95
6,490.43
Free Cash Flow per Basic Share
- -
100.04
- -
229.91
150.15
130.22
184.79
179.92
92.62
176.27
208.95
165.01
138.23
112.34
62.45
184.5
67.53
Dividend per Share
6,710.17
6,003.52
6,509.94
7,087.69
7,372.26
7,729.45
8,548.24
10,030.33
10,446.76
9,485.9
11,002.07
10,097.83
11,512.02
14,876.13
15,033.5
16,561.57
16,985.69
Book Value per Share
8,019.28
7,210.52
7,483.49
8,246.83
8,179.69
10,171.93
10,600.7
10,272.87
11,540.02
11,633.02
17,075.98
15,984.58
14,970.96
23,479.93
18,680.52
17,998.43
19,275.3
Tangible Book Value per Share
719
868
860
843
842
841
805
752
773
878
751
752
819
825
795
758
758
Basic Weighted Avg Shares
12,702,275
14,346,279
10,939,762
14,239,585
9,645,754
13,578,160
15,766,101
17,223,406
21,150,196
21,503,888
18,994,259
20,128,829
21,130,327
14,079,203
17,174,763
16,656,530
18,193,175
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
91,693
96,830
75,794
83,833
70,537
100,829
106,177
179,751
238,648
231,962
272,584
290,129
275,814
253,500
162,205
195,800
235,096
Depreciation Expense
418,411
474,892
511,895
513,294
355,200
405,405
530,092
795,341
584,940
415,273
100,421
202,114
1,191,311
1,030,329
758,480
737,254
532,997
Net Income, GAAP
23.2
26.74
24.42
23.46
23.06
22.74
12.69
16.27
28.59
29.84
- -
24.25
24.68
15.15
23.49
26.17
29.75
Effective Tax Rate (%)
3.29
3.31
4.68
3.6
3.68
2.99
3.36
4.62
2.77
1.93
0.53
1
5.64
7.32
4.42
4.43
2.93
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
140,671
185,766
23,898
23,852
72,962
173,656
198,271
434,979
341,896
690,317
555,982
552,557
6,987,337
9,848,430
10,982,133
13,162,379
14,236,174
LT Debt
5,831,413
6,331,827
6,517,148
7,048,978
6,986,466
8,652,161
8,642,757
9,159,164
10,238,103
11,429,657
13,993,275
13,154,634
13,419,581
19,694,681
15,475,088
14,278,001
15,549,348
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
9.82
9
9.14
8.83
5.79
6.26
7.71
9.5
5.37
3.95
- -
2
8.1
5.21
4.23
3.64
2.85
Return on Capital (%)
9.92
9.46
9.47
8.87
5.83
6.38
7.92
11.03
7.49
5.06
1.21
2.55
14
9.5
6.26
6.02
4.22
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
- -
- -
- -
LT Borrowings
13,162,379
13,568,572
14,236,174
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
751
751
751
Market Capitalization
1,763,051
1,856,472
2,497,025

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
115,620,599
120,029,926
121,912,559
Accounts Receivable, Net
- -
- -
778
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.53%
2.72%
-7.74%
Free Cash Flow
58.44%
110.66%
219.76%
Net Income, GAAP
49.75%
109.6%
-2.8%
Sales/Revenue/Turnover
3.47%
-0.69%
-3.02%
Total Cash Common Dividend
18.46%
17.46%
181.57%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
4,821,234
3,886,905
2,953,084
5,959,489
17,174,763
2024
4,155,608
4,431,090
3,668,093
4,928,370
16,656,530
2025
4,619,661
4,977,051
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
684
235
30
- -
954
2024
374
347
38
- -
973.02
2025
280
146
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
5.88
45.25
10.05
- -
62.45
2024
6
152.02
7.65
- -
184.5
2025
16.35
23.48
- -
- -
- -
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Business
Hanwha Life Insurance Co., Ltd. Hanwha Life Insurance Co., Ltd. provides life insurance products and services to individual and corporate customers primarily in South Korea with international operations in Asia, the United States, and the Middle East; the company offers health insurance, retirement insurance, investment-linked insurance, group insurance, accident insurance, pension plans, savings insurance, retirement pension plans, asset management products, consulting services, and reinsurance contracts through channels including financial planners, general agencies, bancassurance, and online platforms. Established in 1946 as Korea Life Insurance and renamed Hanwha Life Insurance in 2012, it maintains headquarters at Hanwha Finance Center 63 in Yeouido, Seoul, South Korea, and operates subsidiaries in areas such as property and casualty insurance, real estate rental, securities investment, and insurance agency business through Hanwha Life Financial Services launched in 2021. The company reported total assets exceeding USD 109 billion as of 2024 and focuses on digital innovation via platforms like OrangeTree for sales support and OrangeTouch for customer management, alongside AI-based automated claim underwriting and wellness programs under the LIFEPLUS brand. Recent developments include the 2023 acquisition of People Life Co., Ltd., an independent life insurance general agency to bolster sales channels; the July 2025 completion of a 75% stake acquisition in U.S.-based Velocity Clearing LLC to enter North American capital markets and synergize with its U.S. asset management arm and AI center in San Francisco; and a May 2024 partial acquisition of Indonesia’s Nobu Bank, marking its entry into overseas banking as the first South Korean insurer to do so.