Mirae Asset Life Insurance Co Ltd (085620) — Tangible Net Worth Ratio
Mirae Asset Life Insurance Co Ltd (085620) has a Tangible Net Worth Ratio of 98.7% as of September 2025. This metric is calculated by deducting intangible assets (₩32.42 Billion) from net assets (₩2.49 Trillion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore net asset growth rate of Mirae Asset Life Insurance Co Ltd to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Mirae Asset Life Insurance Co Ltd Tangible Net Worth Ratio (2014–2024)
This chart shows how Mirae Asset Life Insurance Co Ltd's Tangible Net Worth Ratio has changed across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 98.7%, reflecting net assets of ₩2.49 Trillion with intangible assets of ₩32.42 Billion KRW. Check 085620 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Annual Tangible Net Worth Ratio for Mirae Asset Life Insurance Co Ltd (2014–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Mirae Asset Life Insurance Co Ltd from 2014 to 2024, covering 11 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Mirae Asset Life Insurance Co Ltd market capitalisation.
| Year | Tangible NW Ratio | Net Assets (KRW) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 98.8% | ₩2.56 Trillion | ₩31.91 Billion | ₩32.49 Trillion | ▲ +0.1 pp |
| 2023 | 98.7% | ₩3.02 Trillion | ₩39.87 Billion | ₩33.09 Trillion | ▼ -0.3 pp |
| 2022 | 99.0% | ₩4.09 Trillion | ₩40.88 Billion | ₩35.04 Trillion | ▲ +3.0 pp |
| 2021 | 96.0% | ₩1.90 Trillion | ₩76.00 Billion | ₩42.00 Trillion | ▲ +0.1 pp |
| 2020 | 95.9% | ₩2.29 Trillion | ₩93.84 Billion | ₩40.63 Trillion | ▲ +0.7 pp |
| 2019 | 95.1% | ₩2.34 Trillion | ₩113.46 Billion | ₩38.02 Trillion | ▲ +1.0 pp |
| 2018 | 94.2% | ₩2.06 Trillion | ₩120.17 Billion | ₩34.64 Trillion | ▲ +2.6 pp |
| 2017 | 91.6% | ₩2.05 Trillion | ₩172.54 Billion | ₩35.52 Trillion | ▼ -7.5 pp |
| 2016 | 99.1% | ₩1.88 Trillion | ₩16.45 Billion | ₩28.64 Trillion | ▲ +27.4 pp |
| 2015 | 71.8% | ₩1.86 Trillion | ₩524.43 Billion | ₩27.22 Trillion | ▼ -27.6 pp |
| 2014 | 99.4% | ₩1.50 Trillion | ₩8.82 Billion | ₩24.68 Trillion | — |