The Bank of Korea published its second quarter 2026 financial statement analysis of nonfinancial companies, showing stronger growth and profitability alongside lower leverage. Sales grew 26.7% year on year, accelerating from 13.5% in the first quarter, while total assets increased 6.8% from a year earlier. The operating income to sales ratio rose to 16.9% from 5.1% in the second quarter of 2025, and the pretax income ratio increased to 23.1% from 5.3%. Financial stability indicators improved from the end of March to the end of June, with the debt to equity ratio declining to 84.5% from 87.0% and total borrowings and bonds payable falling to 22.8% of assets from 23.9%. The analysis covers a sample of 4,260 nonfinancial corporations subject to independent external audit.
2026-09-09Bank of Korea
Bank of Korea reports stronger growth, profitability and financial stability among nonfinancial companies in second quarter
The Bank of Korea reported stronger growth and profitability among nonfinancial companies in the second quarter of 2026, with sales up 26.7% year on year and the operating income to sales ratio rising to 16.9%. Leverage also declined, as the debt to equity ratio fell to 84.5% from 87.0% at the end of March.