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    Real estate investment trusts
Miraeasset Maps REIT 1 Co., Ltd.

Miraeasset Maps REIT 1 Co., Ltd.

KKRX:357250
1,756.00
KRW
-24.00
(-1.35%)
25.97EPS
96.67P/E
62.74BMarket Cap
2021 Y
2021 Y
2022 Y
2022 Y
2022 Y
2022 Y
2023 Y
2023 Y
2024 Y
2024 Y
2025 Y
2025 Y
2026 Y
TTM
Revenue per Share
281.39
284.37
284.32
289.04
289.04
294.66
293.77
532.33
275.28
273.67
279.58
265.36
277.25
292.9
Basic EPS, GAAP
57.8
28.41
34.84
64.66
35.65
31.35
69.56
272.36
77
61
69.54
10
35.62
25.97
Free Cash Flow per Basic Share
158.3
122.3
110.49
154.38
113.36
126.85
162.04
132.02
137.22
94.71
134.04
70.78
101.62
- -
Dividend per Share
129.04
149.71
- -
119.24
- -
149.25
132.7
151.05
114.81
151.02
132
131.26
112
- -
Book Value per Share
4,672.41
4,550.96
- -
4,496.7
- -
4,380.61
4,317.68
4,438.84
4,124.12
4,033.51
3,971.05
3,844.51
3,768.13
3,758.03
Tangible Book Value per Share
4,672.41
4,550.96
- -
4,496.7
- -
4,380.61
4,317.68
4,438.84
4,124.12
4,033.51
3,971.05
3,844.51
3,768.13
3,758.03
Basic Weighted Avg Shares
21
21
21
20
20
20
20
20
24
25
25
26
25
25
Sales/Revenue/Turnover
5,786
5,841
5,840
5,895
5,895
5,952
6,007
10,909
6,554
6,885
6,988
6,922
6,930
7,254
Operating Margin (%)
63.44
52.87
54.9
64.62
54.68
52.88
64.75
74.23
65.48
58.28
67.81
59.08
69.09
62.64
Depreciation Expense
1,686
1,695
1,686
1,686
1,686
1,695
1,686
1,695
1,695
1,695
1,686
1,695
1,686
1,686
Net Income, GAAP
1,188
584
716
1,319
727
633
1,422
5,581
1,833
1,535
1,738
261
890
643
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
20.54
9.99
12.25
22.37
12.34
10.64
23.68
51.16
27.97
22.29
24.87
3.77
12.85
8.86
Working Capital
4,093
3,486
- -
4,252
- -
3,765
4,384
7,790
-139,696
-140,308
13,516
12,063
11,860
10,744
LT Debt
148,909
149,172
- -
149,434
- -
149,697
149,978
150,256
- -
- -
153,736
153,781
153,826
153,803
Total Equity
95,862
93,370
- -
92,257
- -
89,875
88,584
91,070
103,083
100,818
99,257
96,094
94,185
93,932
Return on Invested Capital (%)
1.49
1.27
- -
- -
- -
- -
1.63
3.37
1.73
1.59
1.88
1.63
1.92
1.82
Return on Capital (%)
1.5
1.27
- -
- -
- -
- -
1.65
3.39
1.77
1.62
1.91
1.65
1.96
1.87
Return on Common Equity (%)
1.23
0.62
- -
- -
- -
- -
1.59
6.21
1.89
1.51
1.74
0.27
0.94
0.67

Capital Structure

KRW

•

in mil. unless spec.
Feb'25
Aug'25
Feb'26
ST Debt
150,973
- -
- -
LT Borrowings
- -
- -
153,803
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
25
25
25
Market Capitalization
64,612
65,487
62,738

Working Capital

KRW

•

in mil. unless spec.
Feb'25
Aug'25
Feb'26
Total Current Assets
14,911
- -
16,227
Cash, Cash Equivalents & STI
9,038
- -
8,871
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
156,302
- -
5,483
Payables & Accruals
- -
- -
- -
ST Debt
150,973
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
0.85%
-1.99%
Free Cash Flow
6.1%
5.4%
37.58%
Net Income, GAAP
52.97%
17.24%
241.36%
Sales/Revenue/Turnover
- -
-6.84%
0.12%
Total Cash Common Dividend
- -
-0.07%
-18.23%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,264
- -
3,591
- -
- -
2025
3,689
- -
3,624
- -
6,922
2026
- -
- -
3,630
- -
6,930

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
39
- -
28
- -
- -
2025
56
- -
0.21
- -
10
2026
- -
- -
26
- -
35.62

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
131.26
2026
- -
- -
- -
- -
112

Company Description

Company Profile APIChatGPT
CEO
Sang-Gu Jeong
Sector
Finance
Industry
Real estate investment trusts
Address
Tower 1 Seoul SL South Korea 03159
IPO Date
Aug 5, 2020
Website
maps1reit.miraeasset.com
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Business
Miraeasset Maps REIT 1 Co., Ltd. (357250.KS) operates as a retail real estate investment trust in South Korea, acquiring, investing in, leasing, managing and disposing of commercial properties to generate rental income and returns for investors. The company owns and operates the Gwanggyo Central Prugio City commercial facility, specifically the Lotte Outlets Gwanggyo Branch in Gwanggyo New City, Gyeonggi-do; its services encompass real estate leasing, property management, development, improvement and securities trading related to its portfolio. Founded on December 12, 2019 and headquartered at 13/F, Tower 1, 33 Jong-ro, Jongno-gu, Seoul, the REIT focuses on retail REIT operations within the real estate sector, primarily serving investors seeking exposure to income-generating commercial assets in South Korea. Mirae Asset Global Investments Co., Ltd. holds an 11.53% stake as a major shareholder. The company listed on the Korea Stock Exchange in August 2020 following its public offering and the acquisition of the Lotte Outlet Gwanggyo property, with no major recent acquisitions, partnerships, funding rounds or strategic shifts reported in the last one to two years.