Mirae Asset Securities Co., Ltd.

KOSE:A006805 Stock Report

Market Cap: ₩4.1t

Mirae Asset Securities Past Earnings Performance

Past criteria checks 0/6

Mirae Asset Securities's earnings have been declining at an average annual rate of -14.5%, while the Capital Markets industry saw earnings declining at 2% annually. Revenues have been growing at an average rate of 3% per year. Mirae Asset Securities's return on equity is 4.7%, and it has net margins of 2.1%.

Key information

-14.5%

Earnings growth rate

-12.0%

EPS growth rate

Capital Markets Industry Growth6.5%
Revenue growth rate3.0%
Return on equity4.7%
Net Margin2.1%
Next Earnings Update07 Feb 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Mirae Asset Securities makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

KOSE:A006805 Revenue, expenses and earnings (KRW Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2414,169,214295,3741,098,6580
30 Jun 2413,852,118153,7951,063,2570
31 Mar 2413,511,016139,4061,007,3370
31 Dec 2314,442,925248,526958,6520
30 Sep 2311,798,415567,345971,9270
30 Jun 2313,852,380598,452918,3790
31 Mar 2316,135,309722,072957,7380
31 Dec 2215,299,324685,925930,2730
30 Sep 2216,746,470742,295950,0470
30 Jun 2214,365,207974,5601,018,8590
31 Mar 2211,720,2591,062,1381,064,1050
31 Dec 2111,246,3231,152,7161,127,5550
30 Sep 2112,177,5061,160,6391,163,6330
30 Jun 2111,504,8641,048,2331,164,1500
31 Mar 2110,354,5611,005,2151,104,0340
31 Dec 2013,818,273821,8341,032,5400
30 Sep 2012,643,929773,633969,4730
30 Jun 2013,259,683682,088899,8730
31 Mar 2015,266,939599,751853,0590
31 Dec 1911,357,624658,998903,8230
30 Sep 1912,353,575550,084882,6550
30 Jun 1911,224,747487,069899,5730
31 Mar 1911,386,487424,319916,9220
31 Dec 1810,375,120456,565863,5280
30 Sep 1810,118,622525,710879,2630
30 Jun 1810,345,632586,014875,4910
31 Mar 188,916,308592,377846,5250
31 Dec 178,970,919503,176816,6580
30 Sep 178,012,036294,833789,5090
30 Jun 178,635,583210,542758,1240
31 Mar 178,160,443109,335739,3950
31 Dec 166,846,04039,292616,8380
30 Sep 164,944,97135,506310,6040
30 Jun 164,687,42841,083242,1080
31 Mar 164,282,35398,770190,6340
31 Dec 153,832,415169,751261,0680
30 Sep 154,291,225294,650566,1820
30 Jun 153,656,638337,067502,6140
31 Mar 153,804,232270,230461,3610
31 Dec 143,447,815205,195417,5410

Quality Earnings: A006805 has a high level of non-cash earnings.

Growing Profit Margin: A006805's current net profit margins (2.1%) are lower than last year (4.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: A006805's earnings have declined by 14.5% per year over the past 5 years.

Accelerating Growth: A006805's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: A006805 had negative earnings growth (-47.9%) over the past year, making it difficult to compare to the Capital Markets industry average (31.4%).


Return on Equity

High ROE: A006805's Return on Equity (4.7%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/20 15:13
End of Day Share Price 2025/01/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Mirae Asset Securities Co., Ltd. is covered by 31 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null RESEARCH DEPARTMENTBNP Paribas Securities (Asia)
Seung Kyu ShimBofA Global Research
Terence ParkCLSA