About Shinyoung

SHIN YOUNG means “Through investors’ faith, we grow”. It is in our DNA to put investors’ interest foremost.
Established in 1996 with seed capital of USD30mn, Shinyoung has posted profits for over 25 consecutive years, and in the process,
has become the most seasoned asset manager for value investments in Korea.
Shinyoung has 20 investment professionals dedicated to equity, fixed income, asset allocation strategies with USD2.7bn in assets under management.
Shinyoung’s key investment professionals averages tenures of 10 years, testifying to the firm’s tried and true management beliefs and philosophies.

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History
Organization
Key Investment Professionals

Shinyoung boasts the industry’s longest management tenure, with senior managers having worked together for over 10 years.

  • Daehwan Kim - Equity Department

    Mr. Kim has started his investment career and stayed with Shinyoung Asset Management from 1999.
    Daehwan, along with the senior management members,
    built a cornerstone together to settle long term value investing in Korea.
    He is now directing the Equity Department
    in which he oversees value and dividend stock portfolios.
    Mr. Kim holds B.A. in Economics from Seoul National University.
  • Jooyoung Won - Marathon Value Division

    After 23 years of of value investing at Shinyoung, Ms Won is still wholeheartedly positive about value stocks
    in Korea and their future role in asset allocation. She now manages the flagship value funds; Marathon and
    Marathon Mid Small cap. Her Mid Small cap portfolio started from 2001 when she began to manage
    a discretionary account. Her approach is truly bottom-up, resulting in more balanced view of Korean equity market.
    Thanks to her contribution, Shinyoung has gained expertise in value stocks with wider scope irrespective
    of market size. Jooyoung graduated from Ewha Womens University and Ewha Law School.
Assets Under Management
Corporate Information

> Shareholders

Shareholders
Name of Company Holdings
Shinyoung Securities 85.9%
KoreanRe Reinsurance 9.4%
Seoul Guarantee Insurance 4.7%

> Balance sheet

Balance sheet
FY2018 FY2019 FY2020 FY2021 FY2022
Total Assets 121.1 113.7 146.7 124.7 119.1
Total Liabilities 5.3 4.3 8.4 4.8 2.8
Capital 28.1 26.1 28.3 26.4 24.4
Total Capital 115.8 109.5 138.3 119.8 116.3

(Units: USDmn)

> Income Statement

Balance sheet
FY2018 FY2019 FY2020 FY2021 FY2022
Operating Revenue 41.3 31.5 50.0 19.7 15.7
Operating Expenses 14.2 15.7 11.9 10.5 9.8
Operating Profit 27.1 15.8 38.1 9.1 5.9
Net Profit 21.2 11.6 30.2 7.5 5.3

(Units: USDmn)

> Key Financial Ratios

Key Financial Ratios
FY2018 FY2019 FY2020 FY2021 FY2022
ROE 18.3 10.7 23.5 6.3 4.6
Shareholder Equity Ratio 95.6 96.3 94.3 96.1 97.7
Debt Ratio 4.6 3.9 6.1 4.0 2.4

(Units: %)

*Source : Korea Financial Investment Association
*Currency rate : Mar 31, 2019 (KRW1,137.0 = USD1.00) / Mar 31, 2020 (KRW1,224.0 = USD1.00)
/ Mar 31, 2021 (KRW1,130.0 = USD1.00) / Mar 31, 2022 (KRW1,213.50 = USD1.00) / Mar 31, 2023 (KRW1,310.00 = USD1.00)