▶Financial Statement Analysis for Q1 2018

* Quarterly financial statement analyses are compiled using non-financial enterprises` financial information provided based on their financial statements. The key accounting items, including sales and total assets, are surveyed at 3,324 corporations, which are selected using stratified systematic sampling from the business register for non-financial stock companies legally obliged to be audited by an independent external auditor. The statistics represent the activities of those stock companies in Korea.

* In the first quarter of 2018, sales of non-financial stock companies increased and their profitability indicators improved over the same period last year. The debt to equity ratio increased compared to the previous quarter.

1. Growth

- Sales increased by 3.4% in the first quarter of 2018 compared to the same quarter last year and total assets rose by 1.8% compared to the end of last quarter.

2. Profitability

- Operating income to sales ratio (7.1→7.4%) and income before taxes to sales ratio (8.0→8.2%) improved over the same period last year.

3. Financial stability

- The debt to equity ratio (84.7→85.8%) increased compared to the previous quarter, while total borrowings and bonds payable to total assets ratio (22.5→22.2%) decreased compared to the previous quarter.



(Source: The Bank of Korea, 15/06/2018)

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