Korea Fund Past Earnings Performance
Past criteria checks 2/6
Korea Fund's earnings have been declining at an average annual rate of -2.3%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 4.9% per year. Korea Fund's return on equity is 12.7%, and it has net margins of 1047.3%.
Key information
-2.3%
Earnings growth rate
-2.7%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -4.9% |
| Return on equity | 12.7% |
| Net Margin | 1,047.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Korea Fund: Broadly Favorable, But Risks Remain
May 01Korea Fund: Brighter Skies Ahead
Dec 25Korea Fund: Don't Write This Fund Off Just Yet
Oct 09The Korea Fund: Accumulate Following H1 2023 Macro Weakness
Jul 13Korea Fund: How To Invest In The Korean Stock Market As It's Poised To Rise In 2023
Dec 11Korea Fund: Rare Opportunity To Pick Up Quality On The Cheap
Oct 06The Korea Fund: Invest In South Korea At A 16% Discount
Jun 06Korea Fund declares $0.5255 dividend
Dec 18Korea Fund reports FQ1 results
Nov 30Revenue & Expenses BreakdownBeta
How Korea Fund makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 2 | 18 | 2 | 0 |
| 30 Sep 23 | 2 | 12 | 2 | 0 |
| 30 Jun 23 | 3 | 6 | 2 | 0 |
| 31 Mar 23 | 3 | -26 | 2 | 0 |
| 31 Dec 22 | 3 | -57 | 2 | 0 |
| 30 Sep 22 | 4 | -71 | 2 | 0 |
| 30 Jun 22 | 4 | -84 | 3 | 0 |
| 31 Mar 22 | 5 | -38 | 3 | 0 |
| 31 Dec 21 | 5 | 7 | 3 | 0 |
| 30 Sep 21 | 4 | 63 | 3 | 0 |
| 30 Jun 21 | 4 | 120 | 3 | 0 |
| 31 Mar 21 | 3 | 93 | 2 | 0 |
| 31 Dec 20 | 3 | 66 | 2 | 0 |
| 30 Sep 20 | 3 | 29 | 2 | 0 |
| 30 Jun 20 | 3 | -9 | 2 | 0 |
| 31 Mar 20 | 3 | 1 | 2 | 0 |
| 31 Dec 19 | 3 | 10 | 2 | 0 |
| 30 Sep 19 | 3 | -7 | 2 | 0 |
| 30 Jun 19 | 4 | -24 | 2 | 0 |
| 31 Mar 19 | 4 | -37 | 3 | 0 |
| 31 Dec 18 | 4 | -50 | 3 | 0 |
| 30 Sep 18 | 4 | -21 | 3 | 0 |
| 30 Jun 18 | 4 | 9 | 3 | 0 |
| 31 Mar 18 | 4 | 48 | 3 | 0 |
| 31 Dec 17 | 4 | 88 | 3 | 0 |
| 30 Sep 17 | 4 | 70 | 3 | 0 |
| 30 Jun 17 | 4 | 52 | 3 | 0 |
| 31 Mar 17 | 4 | 29 | 3 | 0 |
| 31 Dec 16 | 4 | 5 | 3 | 0 |
| 30 Sep 16 | 4 | -12 | 3 | 0 |
| 30 Jun 16 | 4 | -29 | 3 | 0 |
| 31 Mar 16 | 4 | -21 | 3 | 0 |
| 31 Dec 15 | 4 | -12 | 4 | 0 |
| 30 Sep 15 | 4 | -17 | 4 | 0 |
| 30 Jun 15 | 4 | -23 | 4 | 0 |
| 31 Mar 15 | 4 | -30 | 4 | 0 |
| 31 Dec 14 | 3 | -38 | 4 | 0 |
| 30 Sep 14 | 3 | 17 | 4 | 0 |
| 30 Jun 14 | 3 | 71 | 4 | 0 |
| 31 Mar 14 | 3 | 35 | 4 | 0 |
| 31 Dec 13 | 2 | -1 | 4 | 0 |
| 30 Sep 13 | 3 | -10 | 4 | 0 |
| 30 Jun 13 | 3 | -19 | 4 | 0 |
Quality Earnings: KF has a large one-off gain of $17.9M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: KF became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: KF has become profitable over the past 5 years, growing earnings by -2.3% per year.
Accelerating Growth: KF has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: KF has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (3.3%).
Return on Equity
High ROE: KF's Return on Equity (12.7%) is considered low.