WF (Woori Financial Group) Total Assets : $408,586 Mil (As of Sep. 2024)

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What is Woori Financial Group Total Assets?

Woori Financial Group's Total Assets for the quarter that ended in Sep. 2024 was $408,586 Mil.

During the past 12 months, Woori Financial Group's average Total Assets Growth Rate was 11.80% per year. During the past 3 years, the average Total Assets Growth Rate was 6.20% per year. During the past 5 years, the average Total Assets Growth Rate was 6.80% per year.

During the past 8 years, Woori Financial Group's highest 3-Year average Total Assets Growth Rate was 8.00%. The lowest was 6.20%. And the median was 7.00%.

Total Assets is connected with ROA %. Woori Financial Group's annualized ROA % for the quarter that ended in Sep. 2024 was 0.70%. Total Assets is also linked to Revenue through Asset Turnover. Woori Financial Group's Asset Turnover for the quarter that ended in Sep. 2024 was 0.01.

Woori Financial Group Total Assets Historical Data

The historical data trend for Woori Financial Group's Total Assets can be seen below:

* 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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Woori Financial Group Total Assets Chart

Woori Financial Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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308,146.01

364,861.53

377,725.10

371,434.89

381,790.12

Woori Financial Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															364,190.92	381,790.12	379,046.93	368,935.29	408,586.32

Woori Financial Group Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Woori Financial Group's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	25603.826	+	356186.296
	=	381,790

Woori Financial Group's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	27205.565	+	381380.75
	=	408,586

Woori Financial Group (NYSE:WF) Total Assets Explanation

Total Assets is connected with ROA %.

Woori Financial Group's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	2718.484	/	( (368935.286	+	408586.315)	/ 2 )
	=	2718.484	/	388760.8005
	=	0.70 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Woori Financial Group's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	2459.087	/	( (368935.286	+	408586.315)	/ 2 )
=	2459.087	/	388760.8005
=	0.01

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Woori Financial Group Total Assets Related Terms

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Woori Financial Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Woori Financial Group Inc (NYSE:WF) » Definitions » Total Assets

Traded in Other Exchanges

316140:Korea 2WGA:Germany

Address

51, Sogong-ro, Jung-gu, Seoul, KOR, 04632

Website

https://www.woorifg.com

Woori Financial Group Inc is a banking and financial services holdings company that offers a wide range of services, including corporate banking, consumer banking, credit card operations, investment banking, capital markets activities, international banking, asset management, and other businesses. Its operating segments include Banking, Credit card, capital, Investment banking, and others.