DB Securities Regular Corporate Group Status Disclosure... Financials and Ownership Structure Revealed
As of the end of fiscal year 2025, DB Securities reported total assets of 10.77 trillion KRW, total liabilities of 9.78 trillion KRW, and total equity of 989.1 billion KRW, resulting in a debt ratio of 988.47%, indicating a very high leverage level.
During the same period, the company recorded revenue (operating income) of 1.66 trillion KRW, operating profit of 71.6 billion KRW, and net income of 53.4 billion KRW, with interest expenses amounting to 145.9 billion KRW.
The largest shareholder is DB Insurance (27.34%), and the combined stake of the controlling party including founder Kim Joon-ki (5.39%) and relatives totals 40.97%. The company holds 4.86% in treasury shares. The circular shareholding structure was dissolved in February 2026 after Comeland sold all its DB Inc. shares.
The board consists of two inside directors and three outside directors, operating six committees including the Audit Committee and Compensation Committee. Electronic voting is adopted, with general shareholders' voting rights exercise ratio at 4.60%.
Intra-group securities transactions (purchases) totaled 5.62 trillion KRW, while goods and services sales amounted to 178.8 billion KRW. Fund transactions consisted mainly of lease liabilities of 450 million KRW, indicating significant internal dealings.
[AI Comprehensive Analysis]This filing is a routine annual corporate group status disclosure with no material positive or negative events. However, the debt ratio of 988% is a key investment risk, even considering the brokerage industry's nature. The net income of 53.4 billion KRW relative to equity suggests a need for improved profitability.
KOSPI Filing Information
Filing: Large Enterprise Group Status Disclosure [Annual And First Quarter Use (Individual Company)]