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Financial Statement Analysis for 2016

Group : Business·Industry
Economic Statistics Department ( 2017.11.29 14350


The Bank of Korea is pleased to release the 2017 edition of its Financial Statement Analysis (FSA), published annually since 1960 to provide research on and analysis of the business performances and financial conditions of Korean corporations during the preceding fiscal year.


This edition contains the financial statement analysis report for Korean corporations during 2016, the concepts of and methods for calculating their major financial ratios, their financial statements including their balance sheets, income statements and statements of appropriation of retained earnings, and various indicators related to their growth, profitability and stability, all classified by industry and by company size. In addition, quartile statistics for frequently used major indicators are also released. To facilitate cross-country comparison, the major financial ratios of advanced countries such as the U.S., Japan and Germany are included as well.


For user convenience, the full text of this book is available on the Bank of Korea’s website ( and its Economic Statistics System website (ECOS, Furthermore, the related data files can be found at the ECOS website, and major indicators are also available on the mobile version of the ECOS website (


We hope that this book will be helpful to companies in framing their business strategies, to the government sector in drawing up its economic policies, to financial institutions in assessing their credit risks, and to members of academia in their research. Finally, we wish to express our sincere appreciation to all of the cooperating institutions whose efforts have helped to make this work possible.

                                                                                                               November 2017

                                                                                                             Chung, Kyuil

                                                                                                                Director General 
                                                                                                                Economic Statistics Dept.
                                                                                                                The Bank of Korea