Samsung Life Insurance Co (XKRX:032830) Scaled Net Operating Assets : -0.38 (As of Dec. 2024)

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What is Samsung Life Insurance Co Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Samsung Life Insurance Co's operating assets for the quarter that ended in Dec. 2024 was ₩142,211,259 Mil. Samsung Life Insurance Co's operating liabilities for the quarter that ended in Dec. 2024 was ₩259,522,046 Mil. Samsung Life Insurance Co's Total Assets for the quarter that ended in Sep. 2024 was ₩312,665,253 Mil. Therefore, Samsung Life Insurance Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was -0.38.

Samsung Life Insurance Co Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Samsung Life Insurance Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2024 )
=	(Operating Assets (A: Dec. 2024 )	-	Operating Liabilities (A: Dec. 2024 ))	/	Total Assets (A: Dec. 2023 )
=	(306365633	-	259522046)	/	314655050
=	0.15

where

	Operating Assets		(A: Dec. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	312218844	-	5853211
=	306365633

	Operating Liabilities		(A: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	279480913	-	19958867	-	0
=	259522046

Samsung Life Insurance Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2024 )
=	(Operating Assets (Q: Dec. 2024 )	-	Operating Liabilities (Q: Dec. 2024 ))	/	Total Assets (Q: Sep. 2024 )
=	(142211259	-	259522046)	/	312665253
=	-0.38

where

	Operating Assets		(Q: Dec. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	312218844	-	170007585
=	142211259

	Operating Liabilities		(Q: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	279480913	-	19958867	-	0
=	259522046

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Samsung Life Insurance Co Business Description

Industry

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Traded in Other Exchanges

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Address

Samsung Life Insurance Building, Jung-gu, SEOUL, KOR, 100-716

Website

http://www.samsunglife.com

Samsung Life is Korea's largest insurer. It has a market share of life-insurance premiums of 22%, compared with 12% each for its two biggest rivals. It owns 72% of listed Samsung Card and 30% of equity-method affiliate Samsung Securities. It also owns close to 15% of sister company Samsung Fire & Marine Insurance, Korea's largest nonlife insurer, and owns 8.5% of Samsung Electronics, a stake that is worth well in excess of its own market cap. It in turn is 49% owned by related shareholders: 10.4% by Jay Lee, 6.9% and 1.7%, respectively, by Jay Lee's sisters Boo-Jin and Seo-Hyun, 19.3% by Samsung C&T (the presumptive parent of the Samsung group), 5.9% by E-mart (a retailer whose largest shareholders are Jay Lee's aunt and cousin), and 4.7% by the Samsung Foundation of Culture.