Shinhan Alpha REIT Co,. Ltd.: debt-to-equity, ROE and more
KOSPI, Legal name Shinhan Alpha REIT Co,. Ltd.
Latest figures are the FY2025 consolidated summary statements.
Latest fiscal year ratios (computed here)
- Debt/equity
- 253.7%
- Equity ratio
- 28.3%
- ROE
- 0.7%
- Op. margin
- 61.7%
- Rev. growth
- 42.1%
- Interest coverage
- n/a
Condition flags
- Operating profit for 5 straight years.
- Total equity is above paid-in capital. Not capital-impaired.
Interest coverage and dividends (OpenDART)
Interest expense and dividends come from DART's OpenDART annual-report filings, not the FSC summary statements used above. The source differs from the other tables on this page.
Interest coverage = operating profit ÷ interest expenseNo interest expense value yet for this company. Most companies fold interest expense into a single finance-costs line on their income statement, so it cannot be pulled out separately. Interest coverage is not computed here.
Dividends, last 3 fiscal years
| Fiscal year | Cash dividend per share | Payout ratio |
|---|---|---|
| 2025 | ₩173 | 230.6% |
| 2024 | ₩175 | 548.0% |
| 2023 | ₩642 | 727.4% |
Cash dividends for 3 straight years (only the 3 years OpenDART returns).
Source values from the OpenDART (금융감독원 전자공시) annual report. Report fiscal year 2025.
Ratios by year (computed here)
Debt-to-equity = total liabilities ÷ total equity × 100Equity ratio = total equity ÷ total assets × 100ROE = net income ÷ year-end total equity × 100Operating margin = operating profit ÷ revenue × 100Revenue growth = (this year − last year) ÷ last year × 100
Computed from the source figures above with these formulas. Where the source's own debt-to-equity differs from ours, both are shown for that year.
| Fiscal year | Debt/equity | Equity ratio | ROE | Op. margin | Rev. growth |
|---|---|---|---|---|---|
| FY2021 consolidated | 393.2% | 20.3% | 0.4% | n/a | n/a |
| FY2022 consolidated | 364.4% | 21.5% | 0.7% | n/a | n/a |
| FY2023 consolidated | 245.7% | 28.9% | 6.4% | n/a | n/a |
| FY2024 consolidated | 266.7% | 27.3% | 0.4% | 57.9% | n/a |
| FY2025 consolidated | 253.7% | 28.3% | 0.7% | 61.7% | 42.1% |
Source figures (FSC summary statements)
Amounts are the source values, shortened. A cell reported as zero may be blank in the source, so it is not used in any ratio.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | ₩58.3B | ₩82.9B |
| Operating profit | ₩22.1B | ₩26.5B | ₩25.1B | ₩33.8B | ₩51.1B |
| Pre-tax income | ₩2.9B | ₩6.2B | ₩19.3B | ₩4.7B | ₩11.3B |
| Net income | ₩2.9B | ₩6.2B | ₩69.5B | ₩4.7B | ₩11.3B |
| Total assets | ₩3.44T | ₩3.82T | ₩3.75T | ₩4.16T | ₩5.81T |
| Total liabilities | ₩2.74T | ₩3.00T | ₩2.66T | ₩3.03T | ₩4.17T |
| Total equity | ₩697.3B | ₩823.2B | ₩1.08T | ₩1.14T | ₩1.64T |
| Paid-in capital | ₩112.7B | ₩134.2B | ₩169.9B | ₩184.2B | ₩249.9B |
| Debt/equity (source value) | 393.2% | 364.4% | 245.7% | 266.7% | 253.7% |
Company outline (FSC)
- Market
- KOSPI
- Fiscal year end
- Mar
- Founded
- 2017-12-18
- Listed
- 18/08/08
- Employees
- n/a
- Auditor
- 대주회계법인
- Audit opinion
- 적정의견
- Corporate reg. no.
- 1101116601135
- Outline updated
- 2026-09-24
Check the original filings
Read the annual report and audit report before you decide anything. The link opens a DART search for this company's name.
Search DART for 신한알파리츠Computed from the Financial Services Commission's company outline and summary statements (data.go.kr). Data as of 2026-09-24.