1. South Korea Stocks

  2. •

    Finance

  3. •

    Multi-line insurance
A Plus Asset Advisor Co., Ltd.

A Plus Asset Advisor Co., Ltd.

KKRX:244920
12,760.00
KRW
-330.00
(-2.52%)
1,530.84EPS
7.81P/E
239.64BMarket Cap
Nov 18Next Earn
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
9,851.55
11,746.29
13,578.83
11,404.34
11,974.58
15,524.33
22,667.64
28,042.07
32,841.2
Basic EPS, GAAP
327
610
1,032
535
2,226
451
109
909
1,356.4
Free Cash Flow per Basic Share
882.88
1,425.32
1,398.85
59.93
761.24
-245.85
1,053.93
866.24
1,936.9
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
0.04
Book Value per Share
1,790.45
2,416
4,162.53
4,340.57
6,449.25
6,651.01
6,658.58
7,505.98
8,119.61
Tangible Book Value per Share
1,566.6
2,227.55
3,927.17
4,044.58
6,250.41
6,462.85
5,654.94
6,561.09
7,199.17
Basic Weighted Avg Shares
24
23
21
23
23
23
23
24
23
Sales/Revenue/Turnover
232,336
269,373
285,144
258,020
270,724
350,873
515,786
682,467
742,312
Operating Margin (%)
- -
7.77
8.14
2.22
0.5
3.49
6.44
4.29
5.23
Depreciation Expense
2,713
15,861
17,331
18,566
18,744
19,209
21,634
28,762
30,686
Net Income, GAAP
7,712
13,989
21,671
12,104
50,326
10,193
2,480
22,123
30,659
Effective Tax Rate (%)
36.03
33.3
24.26
28.22
21.63
26.55
63.26
19.28
19.94
Profit Margin (%)
3.32
5.19
7.6
4.69
18.59
2.91
0.48
3.24
4.13
Working Capital
- -
36,433
48,216
70,316
126,044
105,308
165,906
169,458
179,691
LT Debt
- -
19,271
20,010
24,432
22,254
12,514
18,188
19,948
19,178
Total Equity
55,826
70,363
112,169
127,602
186,149
189,536
243,773
261,194
275,041
Return on Invested Capital (%)
- -
17.13
13.85
2.5
0.51
3.9
4.28
7.55
9.75
Return on Capital (%)
- -
17.02
19.46
6.08
18.19
4.44
-1.53
7.06
9.11
Return on Common Equity (%)
- -
30.99
29.7
12.59
41.26
6.88
1.65
13.82
18.03

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
42,523
42,657
26,317
LT Borrowings
1,667
667
- -
LT Finance Leases
18,281
17,252
19,178
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
23
23
23
Market Capitalization
202,113
237,381
239,642

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
330,919
351,109
355,011
Cash, Cash Equivalents & STI
140,420
155,894
153,050
Accounts Receivable, Net
79,301
82,002
87,350
Inventories
13,245
14,396
14,117
Total Current Liabilities
161,461
175,086
175,320
Payables & Accruals
- -
- -
- -
ST Debt
42,523
42,657
26,317
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
19.45%
7.15%
Free Cash Flow
- -
79.6%
-12.09%
Net Income, GAAP
- -
181.63%
791.96%
Sales/Revenue/Turnover
- -
20.87%
32.32%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
120,569
111,042
137,524
139,487
515,786
2025
158,287
167,424
176,006
180,750
682,467
2026
186,598
198,959
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
190
386
-626
158.39
109
2025
250
259
214.06
255.08
909
2026
537.27
350
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.01
- -
- -
2025
- -
- -
0.04
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Geunho Kwak
Full Time Employees
516
Sector
Finance
Industry
Multi-line insurance
Address
A+ Asset Tower, 369 Seoul SL South Korea 06621
IPO Date
Nov 20, 2020
Website
aplusga.com
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Business
Aplus Asset Advisor Co. Ltd (244920.KS) operates as an independent financial advisor and insurance brokerage firm that provides life and non-life insurance products from 34 partner insurers, including 21 life insurance companies and 13 non-life insurance companies; coverage analysis services; comparative sales of optimal insurance policies based on factors such as profitability, protection, business feasibility, stability, and investability; health care services comprising health consultations with medical and nursing professionals, overseas medical emergency assistance, dementia prevention solutions, and psychological counseling; funeral-related products and services; and financial planning and asset consulting services encompassing customized asset management for needs in insurance, funds, real estate, and taxes. The company, founded on June 7, 2007 and headquartered at A+ Asset Tower in Seoul, South Korea, employs approximately 430 people and maintains KRW 10 billion in capital while serving customers primarily in South Korea through its role as a total financial advisor bridging clients and financial institutions. In recent developments, Align Partners Asset Management launched a tender offer in November 2025 for a 19.91% stake at 8,000 won per share, representing a 35.6% premium to the then-current price, amid ongoing efforts to expand comprehensive one-stop financial product services including banking and securities.