The Bank of Korea has published its 2025 financial statement analysis based on audited financial statements of non-financial corporations in Korea. The data show that growth indicators weakened from the previous year, with sales growth slowing, while profitability and financial stability improved and total asset growth edged up. Sales growth fell to 2.5% in 2025 from 4.2% in 2024, while the growth rate of total assets rose to 6.7% from 6.5%. Profitability strengthened, with operating income to sales increasing to 6.2% from 5.4%, income before taxes to sales rising to 6.3% from 5.2%, and the interest coverage ratio improving to 369.8 from 305.8. Balance sheet metrics also improved at year-end, with the debt ratio declining to 98.3% from 103.4%, total borrowings and bonds payable to total assets falling to 27.3% from 28.4%, and stockholders' equity to total assets increasing to 50.4% from 49.2%.
Bank of Korea2026-06-10
Bank of Korea reports weaker growth but stronger profitability and financial stability for non-financial corporations in 2025
The Bank of Korea published its 2025 financial statement analysis of audited non-financial corporations, reporting slower sales growth but stronger profitability and financial stability. Sales growth declined to 2.5% from 4.2%, while operating income to sales rose to 6.2% from 5.4% and the interest coverage ratio increased to 369.8 from 305.8. The debt ratio fell to 98.3% from 103.4% and total asset growth edged up to 6.7% from 6.5%.