Latest Quarter
2026-05-25
Shinhan Alpha REIT Co Ltd (293940.KS)
Revenue
$39.0B
Net Income
$1.6B
Operating Margin
54.9%
Free Cash Flow
$11.4B
Debt / Assets
75.0%
Values are in USD and rounded to the nearest whole number unless noted.
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| Income Statement (Quarterly) | 2026-05-25 | 2025-06-30 | 2025-03-31 | 2025-03-30 |
|---|---|---|---|---|
| Revenue | 38,981,466,000 | 38,981,466,000 | 9,547,846,806 | 38,981,466,000 |
| Cost of Revenue | 0 | 0 | 9,547,846,806 | 0 |
| Gross Profit | 38,981,466,000 | 38,981,466,000 | 0 | 38,981,466,000 |
| Operating Expenses | ||||
| R&D Expenses | 0 | 0 | 0 | 0 |
| SG&A Expenses | 7,197,642,000 | 7,197,642,000 | 0 | 7,197,642,000 |
| Operating Expenses | 17,596,347,000 | 17,596,347,000 | 0 | 17,596,347,000 |
| Operating Income | 21,385,119,000 | 21,385,119,000 | -8,120,663,194 | 21,385,119,000 |
| Interest Expense | 18,342,127,000 | 18,342,127,000 | 0 | 18,342,127,000 |
| Income Before Tax | 3,902,636,000 | 3,902,636,000 | 3,762,928,633 | 3,902,636,000 |
| Income Tax Expense | 0 | 0 | 0 | 0 |
| Net Income | 1,635,116,000 | 1,635,116,000 | 3,762,928,633 | 1,635,116,000 |
| Per Share | ||||
| EPS | 7.00 | 7.00 | 42.16 | 7.00 |
| EPS Diluted | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Statement (Annual) | 2024-09-30 | 2024-03-31 | 2023-09-30 | 2023-03-31 | 2022-12-31 |
|---|---|---|---|---|---|
| Revenue | 58,306,126,000 | 53,419,536,110 | 47,859,035,600 | 50,474,520,380 | 51,053,345,620 |
| Cost of Revenue | 0 | 0 | 44,182,720,272 | 31,672,049,309 | 0 |
| Gross Profit | 58,306,126,000 | 53,419,536,110 | 3,676,315,328 | 18,802,471,071 | 51,053,345,620 |
| Operating Expenses | |||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 12,121,061,000 | 13,224,215,000 | 11,820,968,000 | 11,808,920,000 | 10,163,908,000 |
| Operating Expenses | 24,528,730,000 | 21,244,316,320 | 22,719,589,000 | 20,010,889,000 | 22,403,405,000 |
| Operating Income | 33,777,396,000 | 32,175,219,790 | 25,139,446,650 | 30,463,631,140 | 28,649,940,740 |
| Interest Expense | 30,455,194,000 | 24,836,302,000 | 17,570,473,000 | 20,702,391,000 | 20,814,646,000 |
| Income Before Tax | 4,652,415,000 | 9,308,953,770 | 8,441,252,150 | 10,887,691,690 | 8,576,485,660 |
| Income Tax Expense | 0 | 0 | -58,620,682,440 | 2,588,475,590 | 1,396,608,740 |
| Net Income | 3,115,415,000 | 8,002,766,830 | 67,934,059,090 | 9,354,902,650 | 7,179,877,440 |
| Per Share | |||||
| EPS | 34.91 | 72.00 | 774.00 | 148.72 | 98.88 |
| EPS Diluted | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Balance Sheet (Quarterly) | 2024-09-30 | 2024-03-31 | 2023-09-30 | 2023-03-31 |
|---|---|---|---|---|
| Assets | ||||
| Cash and Cash Equivalents | 45,365,193,000 | 102,037,838,120 | 110,765,359,580 | 46,517,581,250 |
| Short Term Investments | 3,135,550,000 | 1,592,812,000 | 123,318,000 | 2,274,510,000 |
| Net Receivables | 1,493,122,000 | 0 | 578,465,023 | 1,202,889,566 |
| Inventory | 0 | 0 | 2,876,608,537 | 493,778,474 |
| Total Current Assets | 51,123,187,000 | 106,298,890,110 | 114,376,676,450 | 50,521,217,340 |
| Property Plant Equipment | 0 | 0 | 0 | 0 |
| Goodwill and Intangibles | 0 | 0 | 0 | 0 |
| Total Assets | 2,158,801,775,000 | 2,004,292,844,560 | 1,825,422,708,400 | 1,924,073,063,850 |
| Liabilities | ||||
| Account Payables | 0 | 0 | 0 | -5,094,988,000 |
| Short Term Debt | 388,580,244,000 | 27,277,000 | 102,532,343,000 | 487,921,482,250 |
| Total Current Liabilities | 407,721,897,000 | 117,718,025,910 | 117,718,025,910 | 511,657,820,840 |
| Long Term Debt | 1,150,561,917,000 | 1,336,098,991,596 | 1,053,132,405,220 | 884,982,766,510 |
| Total Liabilities | 1,618,713,322,000 | 1,409,103,316,460 | 1,220,197,324,240 | 1,444,714,788,740 |
| Shareholders Equity | ||||
| Retained Earnings | -52,921,470,000 | 2,175,393,429 | 12,418,373,260 | -39,843,962,460 |
| Total Shareholders Equity | 480,551,453,000 | 535,648,317,140 | 545,684,173,190 | 419,825,486,070 |
| Balance Sheet (Annual) | 2024-09-30 | 2024-03-31 | 2023-09-30 | 2023-03-31 | 2022-09-30 |
|---|---|---|---|---|---|
| Assets | |||||
| Cash and Cash Equivalents | 45,365,193,000 | 102,037,838,120 | 110,765,359,580 | 46,517,581,250 | 49,462,117,420 |
| Short Term Investments | 3,135,550,000 | 1,592,812,000 | 123,318,000 | 2,274,510,000 | 3,358,848,000 |
| Net Receivables | 1,493,122,000 | 0 | 578,465,023 | 1,202,889,566 | 0 |
| Inventory | 0 | 0 | 2,876,608,537 | 493,778,474 | 0 |
| Total Current Assets | 51,123,187,000 | 106,298,890,110 | 114,376,676,450 | 50,521,217,340 | 54,321,906,160 |
| Property Plant Equipment | 0 | 0 | 0 | 0 | 0 |
| Goodwill and Intangibles | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 2,158,801,775,000 | 2,004,292,844,560 | 1,825,422,708,400 | 1,924,073,063,850 | 1,928,910,909,540 |
| Liabilities | |||||
| Account Payables | 0 | 0 | 0 | -5,094,988,000 | 0 |
| Short Term Debt | 388,580,244,000 | 27,277,000 | 102,532,343,000 | 487,921,482,250 | 385,264,825,170 |
| Total Current Liabilities | 407,721,897,000 | 117,718,025,910 | 117,718,025,910 | 511,657,820,840 | 411,625,116,850 |
| Long Term Debt | 1,150,561,917,000 | 1,336,098,991,596 | 1,053,132,405,220 | 884,982,766,510 | 986,990,563,330 |
| Total Liabilities | 1,618,713,322,000 | 1,409,103,316,460 | 1,220,197,324,240 | 1,444,714,788,740 | 1,443,141,035,710 |
| Shareholders Equity | |||||
| Retained Earnings | -52,921,470,000 | 2,175,393,429 | 12,418,373,260 | -39,843,962,460 | -33,149,991,130 |
| Total Shareholders Equity | 480,551,453,000 | 535,648,317,140 | 545,684,173,190 | 419,825,486,070 | 426,519,457,400 |
| Cash Flow Statement (Quarterly) | 2024-09-30 | 2024-03-31 | 2023-09-30 | 2023-03-31 |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | 4,652,415,000 | 9,543,977,780 | 69,475,270,050 | 10,887,691,690 |
| Depreciation & Amortization | 6,572,613,000 | 6,169,327,830 | 6,360,644,400 | 6,567,607,370 |
| Stock Based Compensation | 0 | 0 | 0 | 0 |
| Change in Working Capital | -1,455,962,000 | 2,906,403,010 | 474,438,430 | -520,196,490 |
| Operating Cash Flow | 11,428,618,000 | 20,418,215,610 | 6,830,665,510 | 17,058,169,310 |
| Investing Activities | ||||
| Capital Expenditure | 0 | 0 | 237,814,732,000 | 0 |
| Investments | 0 | 0 | 237,814,732,000 | 0 |
| Investing Cash Flow | -217,875,074,000 | 32,739,264,116 | 227,755,514,450 | -4,053,782,840 |
| Financing Activities | ||||
| Debt Repayment | 201,910,500,000 | -32,370,226,300 | -534,500,000,000 | -43,500,000,000 |
| Common Stock Issued/Repurchased | 207,167,439,000 | 73,598,949,854 | 389,197,368,030 | 0 |
| Dividends Paid | -59,753,490,000 | -33,710,346,248 | -17,204,512,410 | -17,299,290,420 |
| Financing Cash Flow | 149,773,810,000 | -4,467,888,371 | -170,338,401,640 | -15,948,922,640 |
| Summary | ||||
| Free Cash Flow | 11,428,618,000 | 20,418,215,610 | 244,645,397,510 | 17,058,169,310 |
| Net Change in Cash | -56,672,645,000 | -8,727,521,460 | 64,247,778,330 | -2,944,536,170 |
| Cash Flow Statement (Annual) | 2024-09-30 | 2024-03-31 | 2023-09-30 | 2023-03-31 | 2022-12-31 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 4,652,415,000 | 9,543,977,780 | 69,475,270,050 | 10,887,691,690 | 8,576,485,660 |
| Depreciation & Amortization | 6,572,613,000 | 6,169,327,830 | 6,360,644,400 | 6,567,607,370 | 6,550,940,480 |
| Stock Based Compensation | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | -1,455,962,000 | 2,906,403,010 | 474,438,430 | -520,196,490 | 3,273,649,090 |
| Operating Cash Flow | 11,428,618,000 | 20,418,215,610 | 6,830,665,510 | 17,058,169,310 | 18,941,946,700 |
| Investing Activities | |||||
| Capital Expenditure | 0 | 0 | 237,814,732,000 | 0 | 0 |
| Investments | 0 | 0 | 237,814,732,000 | 0 | 0 |
| Investing Cash Flow | -217,875,074,000 | 32,739,264,116 | 227,755,514,450 | -4,053,782,840 | -3,985,459,090 |
| Financing Activities | |||||
| Debt Repayment | 201,910,500,000 | -32,370,226,300 | -534,500,000,000 | -43,500,000,000 | -120,500,000,000 |
| Common Stock Issued/Repurchased | 207,167,439,000 | 73,598,949,854 | 389,197,368,030 | 0 | 120,500,000,000 |
| Dividends Paid | -59,753,490,000 | -33,710,346,248 | -17,204,512,410 | -17,299,290,420 | -30,255,097,340 |
| Financing Cash Flow | 149,773,810,000 | -4,467,888,371 | -170,338,401,640 | -15,948,922,640 | -22,498,570,400 |
| Summary | |||||
| Free Cash Flow | 11,428,618,000 | 20,418,215,610 | 244,645,397,510 | 17,058,169,310 | 18,941,946,700 |
| Net Change in Cash | -56,672,645,000 | -8,727,521,460 | 64,247,778,330 | -2,944,536,170 | -7,542,082,780 |