Kiwoom Securities Company Information and Business Insights

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Kiwoom Securities is a South Korean financial services company that offers a wide range of services, including securities trading, investment banking, and asset management.

Kiwoom Securities was founded in 1994 and is headquartered in Seoul, South Korea. It has a strong presence in the Korean financial market with over 1,500 employees.

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Company Overview

Kiwoom Securities is a leading online brokerage firm in South Korea. It was founded in 2001.

The company has a strong presence in the Korean financial market, with a wide range of investment products and services. Kiwoom Securities has a large client base, with over 3 million registered users.

The company's online platform provides users with real-time market information, analysis tools, and trading capabilities. This has made it easy for investors to manage their portfolios and make informed investment decisions.

Kiwoom Securities has a strong commitment to innovation, with a focus on developing cutting-edge technology to improve the investment experience for its clients.

Financial Information

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Kiwoom Securities has seen significant growth in sales, with a 305.37% change in 2024 compared to the previous year. This is a remarkable increase, and it's essential to understand the company's financial health.

The sales figures for Kiwoom Securities are as follows:

The company's operating income has also seen a notable change, with a -10.04% change in 2024 compared to the previous year.

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Valuation

The valuation of a company is a crucial aspect of its financial health. Kiwoom Securities Co., Ltd. has a market capitalization of 3.043B.

The company's P/E ratio in 2024 is 3.4x and is expected to increase to 3.69x in 2025. This indicates a potential growth in the company's stock value over the next year. The P/E ratio is a significant indicator of a company's valuation, with higher ratios often indicating a higher stock price.

Kiwoom Securities Co., Ltd. also has an enterprise value of 3.043B, with an EV/Sales ratio of 1.63x in 2024 and 1.6x in 2025. This suggests that the company's stock price is relatively high compared to its sales.

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The free-float of the company is 46.97%, indicating that a significant portion of the company's shares are available for trading.

Here is a summary of Kiwoom Securities Co., Ltd.'s valuation metrics:

The company's valuation is also influenced by its shareholders, with DAOU TECHNOLOGY INC. holding a significant portion of the company's shares (42.31%).

Income Statements (KRW)

Income Statements (KRW) reveal a lot about a company's financial health. The data shows that sales skyrocketed by 305.37% in 2024 compared to the previous year.

Looking at the sales figures, it's clear that the company experienced significant growth in 2024, with sales reaching 11,280,307.00 KRW.

The gross profit on sales changed by 35.31% in 2023, indicating a substantial increase in profitability.

Here's a breakdown of the income before tax change in percentage for each year:

The income after tax change in percentage for 2024 was 91.36%, indicating a significant increase in profitability.

Balance Sheet (Mio KRW)

The balance sheet is a snapshot of a company's financial position at a specific point in time. It's a crucial tool for investors and analysts to assess a company's health.

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Total liabilities have been steadily increasing over the years, reaching 47,142,321.22 million KRW in 2023. This is a significant amount, and it's essential to understand the company's ability to pay its debts.

In 2022, the company's equity was 4,593,093.93 million KRW, which is a substantial amount. This represents the company's net worth and can be a good indicator of its financial stability.

The equity change in 2022 was 6.82%, which is a relatively small increase. This suggests that the company's net worth has been growing at a steady pace.

Here's a breakdown of the company's balance sheet total over the years:

The balance sheet total has been increasing over the years, with a significant jump in 2020. This suggests that the company has been expanding its operations and increasing its assets.

The balance sheet total change in 2023 was 8.35%, which is a relatively modest increase. This suggests that the company's financial position has been stable, but not particularly growing at a rapid pace.

Sales by Activity

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Sales by Activity is a key metric for Kiwoom Securities Co., Ltd., showing how the company's sales have grown over the years.

In 2022, the Wholesale General Headquarters generated 5,125 billion won, a significant increase from 2019's 1,409 billion won.

The Retail General Headquarters saw a decline in sales from 2022 to 2023, dropping from 2,582 billion won to 1,797 billion won.

Other business activities also experienced growth, increasing from 460 billion won in 2019 to 1,009 billion won in 2023.

Investment Management sales remained relatively stable, ranging from 158 billion won in 2022 to 324 billion won in 2020.

Here's a breakdown of Kiwoom Securities' sales by activity for the years 2019 to 2023:

Investment Banking & Brokerage

Kiwoom Securities offers a comprehensive range of investment banking services, including merger and acquisition advisory, equity and debt capital markets, and financial restructuring.

The company has a strong track record of advising on high-profile M&A deals, with a notable example being the advisory role in the acquisition of a major Korean company.

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Kiwoom Securities' investment banking team is led by experienced professionals with a deep understanding of the Korean market and a proven ability to deliver results.

The team's expertise spans various industries, including technology, healthcare, and finance.

Kiwoom Securities also provides brokerage services, offering a wide range of financial products and tools to its clients.

The company's brokerage platform is designed to provide clients with real-time market data and analysis, enabling them to make informed investment decisions.

Kiwoom Securities has a strong presence in the Korean securities market, with a large client base and a reputation for excellent service.

Performance and Comparison

Kiwoom Securities has been around since 1974, making it an established player in the investment and securities industry.

The company offers a range of services, including brokerage, asset management, investment banking, and sales & trading, catering to sectors that need financial services and investment solutions.

Mirae Asset Financial Group, a competitor, was founded in 1997 and operates as a global financial services provider with a focus on investment solutions.

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Compare to Competitors

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KIWOOM Securities and its competitors, Korea Investment & Securities and Mirae Asset Financial Group, have some key differences in their business models. Korea Investment & Securities was founded in 1974, while Mirae Asset Financial Group was founded in 1997.

Both Korea Investment & Securities and Mirae Asset Financial Group offer a range of financial services, including brokerage, asset management, and investment banking. However, Mirae Asset Financial Group also offers alternative investment options.

Korea Investment & Securities serves sectors needing financial services and investment solutions, while Mirae Asset Financial Group caters to various sectors of the economy with its diverse financial services and investment platforms.

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Sales Geographical Breakdown

Kiwoom Securities Co., Ltd. has a significant presence in South Korea, with sales increasing steadily over the years.

In 2019, the company's sales in South Korea were 2,389 billion won. This figure more than doubled in 2020, reaching 3,964 billion won.

By 2021, sales had reached 5,060 billion won, and by 2022, they had surpassed 7,108 billion won. However, in 2023, sales dropped slightly to 6,902 billion won.

Here's a breakdown of Kiwoom Securities' sales in South Korea over the years:

Management and Governance

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Kiwoom Securities has a strong management and governance structure in place. The company's CEO, Kim Won-woo, has been leading the company since 2017.

Kiwoom Securities has a clear and transparent corporate governance system, with a separate audit committee overseeing the company's financial reporting and internal controls.

The company's board of directors includes a diverse range of experts, including former government officials and industry leaders, which helps to ensure that the company is well-managed and governed.

Subsidiary Company

Kiwoom Securities Indonesia was formerly known as Dongseo Kolibindo-Dongseo Securities. This change in name highlights the company's evolution and growth.

One of Kiwoom's subsidiary companies is Kiwoom Investment, which suggests a focus on investing and financial services. Kiwoom Investment Asset Management is another notable subsidiary, indicating a commitment to asset management.

Kiwoom also has a subsidiary called Kiwoom Capital, which may be involved in capital management or other financial activities. Additionally, Kiwoom Savings Bank and Kiwoom YES Savings Bank are two subsidiaries that could be involved in banking services.

Kiwoom F&I is another subsidiary, possibly focusing on financial and insurance services. Lastly, Kiwoom Private Equity is a subsidiary that might be involved in private equity investments.

Board Composition

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Kiwoom Securities Co., Ltd. has a diverse board of directors, with a total of seven members as of the latest available data.

The CEO, Hyun-Soon Hwang, is 57 years old and has been in the position since January 30, 2022.

Ik-Rae Kim serves as the Chairman, and he is 74 years old, having taken on the role in 2011.

The board members are evenly split between men and women, with four men and three women holding positions.

Here is a breakdown of the board members:

Goon-Hee Lee's age and the exact date she joined the board are not publicly available.

Past Events

Kiwoom Securities has a history of releasing earnings reports, providing valuable insights into the company's financial performance. The first earnings report of 2024 was released on May 2, 2024, with an actual EPS of 8,999.000 KRW.

The Q1 2024 earnings release was a significant milestone for the company, showcasing its financial strength. The actual EPS of 8,999.000 KRW was a notable achievement.

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Kiwoom Securities continued to demonstrate its financial prowess with a Q2 2024 earnings release on July 31, 2024, boasting an actual EPS of 8,634.000 KRW. This marked a strong quarter for the company.

A notable decline in actual EPS was seen in the Q2 2023 earnings release on August 11, 2023, with a figure of 4,820.000 KRW. This was a significant drop from previous quarters.

Kiwoom Securities' financial performance improved in the Q3 2024 earnings release on October 30, 2024, with an actual EPS of 7,961.000 KRW. This was a strong quarter for the company.

Here is a summary of Kiwoom Securities' earnings reports:

Angel Bruen

Copy Editor

Angel Bruen is a seasoned copy editor with a keen eye for detail and a passion for precision. Her expertise spans a variety of sectors, including finance and insurance, where she has honed her skills in crafting clear and concise content. Specializing in articles about Insurance Companies of Hong Kong and Financial Services Companies Established in 2013, Angel ensures that each piece she edits is not only accurate but also engaging for the reader.

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