Woori Financial Group Inc. (WF) Balance Sheet

NYSE: WFAssets, liabilities, debt and equity over 10 years.

WF balance sheet, 2025

December 31, 2025 · South Korean won

₩601.46T assets = ₩567.31T liabilities + ₩34.15T equity

What it owns₩601.46TCash & ST investments: ₩46.73T (7.8%)₩46.73TReceivables: ₩12.47T (2.1%)PP&E: ₩7.60T (1.3%)Goodwill & intangibles: ₩1.06T (0.2%)LT investments: ₩139.02T (23.1%)LT investments₩139.02T · 23%Other non-current: ₩407.05T (67.7%)Other non-current₩407.05T · 68%=How it is financed₩601.46TCurrent liabilities: ₩50.11T (8.3%)₩50.11TLong-term debt: ₩81.61T (13.6%)Long-term debt₩81.61T · 14%Other LT liabilities: ₩435.58T (72.4%)Other LT liabilities₩435.58T · 72%Shareholders’ equity: ₩34.15T (5.7%)

Both columns are drawn to the same scale: what WF owns equals what it owes plus shareholders’ equity. Hover a block for its value.

WF financial health

Debt / equity2.93
High leverage · ₩2.93 of debt for each $1 of equity
Cash / debt49.4%
Low cash cover · cash & short-term investments vs total debt
Goodwill & intangibles0.2%
Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

WF balance sheet trends, 2016–2025

MetricTrendThenLatestChange
Total assets₩310.68T2016₩601.46T2025+7.6%/yr
Total liabilities₩293.71T2016₩567.31T2025+7.6%/yr
Shareholders’ equity₩16.97T2016₩32.31T2025+7.4%/yr
Cash & short-term investments−₩15.95T2016₩46.73T2025—
Total debt₩45.91T2016₩94.52T2025+8.4%/yr
Net cash (debt)−₩61.86T2016−₩47.79T2025+₩14.1T
Working capital₩755.42B2016−₩3.38T2025−₩4.1T
Debt / equity2.7120162.932025+0.22
Shares outstanding226.7M2016252.7M2025+1.2%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

WF assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

WF liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

WF debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

WF balance sheet in South Korean won

2025202420232022202120202019201820172016
Assets
Cash & short-term investments₩46.73T₩71.08T₩68.45T₩67.30T₩46.69T₩40.02T₩34.12T₩24.81T₩22.26T−₩15.95T
Cash & equivalents₩26.36T₩27.28T₩30.56T₩34.22T₩7.57T₩9.99T₩6.39T₩6.75T₩6.91T−₩15.95T
Short-term investments₩20.37T₩43.80T₩37.89T₩33.09T₩39.12T₩30.03T₩27.73T₩18.06T₩15.35T₩0
Receivables₩12.47T₩13.91T₩17.31T₩8.63T₩9.10T₩5.34T₩11.77T₩14.30T₩14.19T₩9.50T
Inventory₩0₩0₩13.24T−₩54.72T−₩37.80T−₩34.54T−₩32.27T−₩28.98T−₩27.18T₩6.19B
Other current assets₩0₩554.52B₩0₩54.72T₩37.80T₩34.54T₩32.48T₩29.16T₩27.33T₩40.93T
Total current assets₩46.73T₩85.55T₩86.20T₩75.93T₩55.78T₩45.36T₩46.11T₩39.29T₩36.60T₩34.49T
Property, plant & equipment (net)₩7.60T₩7.34T₩6.48T₩5.74T₩4.96T₩4.40T₩3.36T₩2.45T₩2.48T₩2.46T
Goodwill & intangible assets₩1.06T₩1.87T₩1.79T₩1.65T₩1.66T₩1.73T₩1.79T₩1.58T₩1.50T₩345.04B
Long-term investments₩139.02T₩90.75T₩86.02T₩83.46T₩71.48T₩62.81T₩57.13T₩47.67T₩38.50T₩0
Other non-current assets₩407.05T₩340.25T₩317.51T₩313.70T₩313.30T₩284.79T₩253.59T₩249.45T₩237.22T₩273.39T
Total assets₩601.46T₩525.75T₩498.00T₩480.47T₩447.18T₩399.08T₩361.98T₩340.45T₩316.30T₩310.68T
Liabilities
Accounts payable₩8.06T₩7.25T₩10.19T₩6.00T₩6.97T₩4.03T₩6.13T₩5.41T₩4.69T₩8.48T
Short-term debt₩50.11T₩1.71T₩1.28T₩2.89T₩1.32T₩3.78T₩702.52B₩1.02T₩638.23B₩3.94T
Deferred revenue——₩390.45B₩342.11T₩291.15B₩248.69B₩224.84B₩204.03B₩180.66B₩171.05B
Total current liabilities₩50.11T₩381.10T₩373.63T₩6.00T₩6.97T₩4.03T₩276.99T₩259.63T₩245.50T₩33.73T
Long-term debt₩81.61T₩75.91T₩70.32T₩70.23T₩68.68T₩57.55T₩49.56T₩43.89T₩41.98T₩38.38T
Lease obligations₩541.57B₩527.09B₩334.46B₩319.16B₩343.21B₩407.43B₩419.05B₩0₩0₩0
Other long-term liabilities₩435.58T₩32.84T₩20.66T₩0₩767.72B₩1.15T₩9.93T₩14.98T₩8.25T₩221.60T
Total liabilities₩567.31T₩489.86T₩464.61T₩448.85T₩418.33T₩372.36T₩336.49T₩318.49T₩295.73T₩293.71T
Shareholders' equity
Common stock & paid-in capital₩3.80T₩3.80T₩3.80T₩3.64T₩3.64T₩3.61T₩3.61T₩3.38T₩3.38T₩3.38T
Retained earnings (deficit)₩25.56T₩26.95T₩24.99T₩23.75T₩21.39T₩19.27T₩18.52T₩17.12T₩15.62T₩2.61T
Treasury stock————−₩3.82B—₩0−₩34.11B−₩34.11B−₩34.11B
Accumulated other comprehensive income₩2.05T₩2.45T₩1.98T−₩2.42T−₩2.16T−₩2.35T−₩2.25T₩11.02T₩10.73T₩10.57T
Minority interest₩1.84T₩1.80T₩1.73T₩2.87T——₩0₩0₩0₩0
Total shareholders' equity₩32.31T₩34.10T₩31.67T₩31.63T₩28.85T₩26.73T₩21.51T₩21.74T₩20.37T₩16.97T
Key figures
Total debt₩94.52T₩83.82T₩76.36T₩73.12T₩69.99T₩61.33T₩51.92T₩49.66T₩46.56T₩45.91T
Net cash (debt)−₩47.79T−₩12.74T−₩7.91T−₩5.81T−₩23.31T−₩21.31T−₩17.79T−₩24.85T−₩24.30T−₩61.86T
Working capital−₩3.38T−₩295.56T−₩287.43T₩69.93T₩48.81T₩41.33T−₩230.88T−₩220.33T−₩208.90T₩755.42B
Tangible book value₩31.25T₩32.23T₩29.88T₩29.98T₩27.19T₩25.00T₩19.72T₩20.16T₩18.86T₩16.63T
Shares outstanding252.7M247.1M245.1M727.7M724.4M722.3M228.5M226.7M226.7M226.7M
Current ratio0.930.220.2312.658.0011.260.170.150.151.02
Quick ratio1.180.220.2312.658.0011.260.170.150.15−0.19
Debt / equity2.932.462.412.312.432.292.412.282.292.71
Equity / assets5.4%6.5%6.4%6.6%6.5%6.7%5.9%6.4%6.4%5.5%

Quarterly columns are labeled by the month the quarter ended. Figures in South Korean won as reported (latest annual report filed April 22, 2026); data from EODHD.

WF financial position

At the end of fiscal 2025 (December 31, 2025), Woori Financial had total assets of ₩601.46 trillion (up 14.4% from a year earlier), total liabilities of ₩567.31 trillion and shareholders' equity of ₩32.31 trillion. It held ₩46.73 trillion in cash and short-term investments against ₩94.52 trillion of debt, net debt of ₩47.79 trillion. Its current ratio was 0.93. In the latest quarter (ended June 30, 2026) total assets were ₩635.18 trillion and equity ₩38.88 trillion.

Related: WF income statement, WF cash flow statement, WF key metrics. See the WF stock overview for the latest quote and news.

WF balance sheet FAQ

What are Woori Financial's total assets?

Woori Financial reported total assets of ₩601.46 trillion at the end of fiscal 2025 (December 31, 2025), compared with ₩525.75 trillion a year earlier.

How much debt does Woori Financial have?

Woori Financial had ₩94.52 trillion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 2.93.

How much cash does Woori Financial have?

Woori Financial held ₩46.73 trillion in cash and short-term investments at the end of fiscal 2025; with ₩94.52 trillion of debt that is net debt of ₩47.79 trillion.

What is Woori Financial's book value?

Woori Financial's shareholders' equity (book value) was ₩32.31 trillion at the end of fiscal 2025.

What is Woori Financial's current ratio?

Woori Financial had current assets of ₩46.73 trillion and current liabilities of ₩50.11 trillion, a current ratio of 0.93 (current liabilities exceed current assets).

How much goodwill does Woori Financial have?

Woori Financial carried ₩1.06 trillion of goodwill and intangible assets, 0.2% of total assets, at the end of fiscal 2025.

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