Net profit of the [financial newspaper goyounghun Korea News] real estate sintaksa last year was a record maximum 4000 million.
According to the Financial Supervisory Service (FSS) 8 Net income of the entire real estate sintaksa 11 companies in 2016 it has totaled 393.3 billion won to 222.2 billion won last year against 171.1 billion won (77.0 percent) increased. This is because the operating profit (1741 million) and non-operating income (358 million) had both increased.
Korea Land Trust's 85.9 billion won, the Korea Asset Trust 17 billion won increase from the previous year to achieve a 26.2 billion won profit both increased the 62.4 billion won, one may note the trust assets is 50.9 billion won to 61.4 billion won increased by 11 companies. This was one of the trust assets, including non-operating revenue for the sale of a 100% stake in asset management.
Operating revenue of the real estate sintaksa the previous year increased 227.1 billion won (40.6%) due to low interest rates continued to maintain a robust housing market, pre-sale 786.2 billion won.
Last year, land trust AUM was 800 billion won (23.1%) increased 8 YoY to 47.1 trillion won. This is because the trust maintenance 132.7 billion won (38.8%) and ancillary services revenue 73.5 billion won (68.6%) was significantly neuleonatgi.
Operating expenses were blowing YoY to 316 billion won 53 billion won (20.2%). This is because the 56.6 billion won (27.2%) neuleonatgi selling and administrative expenses as salaries and rent increases, etc., etc. according to number of employees increased. Employees of real estate sintaksa number was 172 people reinforcements from the end of 2015 1367 people to 1539 people in late 2016.
Non-operating profit increased by 2.6 billion won to 35.8 billion won. One asset is the trust's operating income increased sale of shares in a subsidiary in May last year was one major shareholder asset management to HFG. Without the sale of non-operating profit it was almost reduced to 4.4 billion won the same period last year.
Last year, the total assets of 2 trillion sintaksa year earlier to 2.0259 trillion won compared to 773.8 billion won increased 747.9 billion won (36.9%). By issuing new shares, including equity capital grew 412.3 billion won (27.3%), the debt has increased 335.6 billion won (65.3%) in bonds and an increase in bank loans and so on.
Net capital ratio (NCR) fell year-end total risk amount is increased 1075.2% compared to 205.5% points due to dividend stocks and corporate bonds, including securities and conduct investment increased an average of 869.7%. The reason was the large increase in investment securities 500 billion in dividends conduct of KB Real Estate Trust.
All real estate trusts have to meet the capital adequacy was maintained in 7 billion won was timely corrective action based on the requirements is also much higher than 150%. Prompt corrective action to life insurance Real Estate Trust peak is 2043%, the lowest was counted as a 458% trust assets koram nose.
Last year the total AUM of the real estate trust company late last year to 155.9 trillion won increased 139 trillion 400 billion won compared to 16.4 trillion won (11.8%). This is because the managed land trusts 7.2 trillion won, 5.6 trillion won trust collateral, loan type, such as a land trust neuleonatgi 1.6 trillion won.
FSS ryugukhyeon asset management director "is continuing last year's low interest rates, housing pre-sale market robust is jimyeonseo followed was to improve the profitability and growth of the real estate trust company," said the "but the proportion of borrowing-type land trust-paid share of operating revenue rise it can be seen in the increased risk falling real estate market fluctuations during future profitability ratios and the NCR "said diagnosis.
In FSS it plans to strengthen the monitoring of debt-type land trust housing pre-sale trend and increased risks of market trends real estate trust company.
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