Company INCAR FINANCIAL SERVICE Co., Ltd.

Equities

End-of-day quote Korea S.E. Other stock markets 03:30:00 17/05/2024 am IST			5-day change	1st Jan Change
5,940 ^KRW	-5.26%		-2.62%	+87.26%

15/03	Tranche Update on INCAR FINANCIAL SERVICE Co., Ltd.'s Equity Buyback Plan announced on September 11, 2023.	CI
15/03	Tranche Update on INCAR FINANCIAL SERVICE Co., Ltd.'s Equity Buyback Plan announced on September 11, 2023.	CI

Incar Finance Service Co Ltd is a Korea-based company mainly engaged in the provision of insurance services.

KRW in Million	2022	Weight	2023	Weight	Delta
Long-term Non-life Insurance 59.3 %	212,399	52.9 %	330,435	59.3 %	+55.57%
Long-term Life Insurance 31.4 %	138,830	34.6 %	175,057	31.4 %	+26.09%
Auto Insurance 8.0 %	45,046	11.2 %	44,766	8.0 %	-0.62%
General Insurance 1.0 %	4,592	1.1 %	5,568	1.0 %	+21.27%
Others 0.2 %	582	0.1 %	996	0.2 %	+71.20%

KRW in Million	2022	Weight	2023	Weight	Delta
South Korea 100.0 %	401,449	100.0 %	556,822	100.0 %	+38.70%

Managers	Title	Age	Since
Byung-Chae Choi CEO	Chief Executive Officer	62	-
Sung-Man Cho DFI	Director of Finance/CFO	59	-
Sang-Cheol Lee CTO	Chief Tech/Sci/R&D Officer	58	-
Jong-Myeong Kim BRD	Director/Board Member	55	-
Dae-Kwon Cheon BRD	Director/Board Member	69	-
Doo-Seop Shim BRD	Director/Board Member	61	-
Byeong-Seok Lee AUD	Comptroller/Controller/Auditor	69	-

Members of the board	Title	Age	Since
Byung-Chae Choi CEO	Chief Executive Officer	62	-
Doo-Seop Shim BRD	Director/Board Member	61	-
Sang-Hwan Nam BRD	Director/Board Member	58	-
Dae-Kwon Cheon BRD	Director/Board Member	69	-
Sung-Man Cho DFI	Director of Finance/CFO	59	-
Dong-Hun Lee BRD	Director/Board Member	52	-
Chang-Hwan Kim BRD	Director/Board Member	70	29/19/29
Jong-Myeong Kim BRD	Director/Board Member	55	-

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	51,379,800	29,279,730 ( 56.99 %)	1,071,070 ( 2.085 %)	56.99 %

Name	Equities	%	Valuation
Byung-Chae Choi 22.12 %	11,362,670	22.12 %	40 M ₩
Doo-Seop Shim 6.176 %	3,173,400	6.176 %	11 M ₩
Sun-sik Kim 4.905 %	2,520,000	4.905 %	9 M ₩
INCAR FINANCE SERVICE Co., Ltd. ESOA 3.195 %	1,641,370	3.195 %	6 M ₩
Dae-Kwon Cheon 2.336 %	1,200,000	2.336 %	4 M ₩
Kyung-bok Lee 1.635 %	840,000	1.635 %	3 M ₩
Kyung-shin Lee 0.9342 %	480,000	0.9342 %	2 M ₩
Nam-ho Lee 0.9342 %	480,000	0.9342 %	2 M ₩
Young-chan Kim 0.3490 %	179,300	0.3490 %	638 921 ₩
Sang-Hwan Nam 0.1946 %	100,000	0.1946 %	356 342 ₩

INCAR FINANCIAL SERVICE Co., Ltd.

5-6/F, Samil Building 33, Achasan-ro

04789, Seoul

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

5,940 KRW

Average target price

7,000 KRW

Spread / Average Target

+17.85%

	1st Jan change	Capi.
INCAR FINANCIAL SERVICE CO., LTD.	+87.26%	216M
PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD.	+12.16%	110B
CHINA LIFE INSURANCE COMPANY LIMITED	+28.46%	107B
AIA GROUP LIMITED	-4.04%	93.7B
LIFE INSURANCE CORPORATION OF INDIA	+17.05%	73.68B
CHINA PACIFIC INSURANCE (GROUP) CO., LTD.	+21.74%	35.28B
FUBON FINANCIAL HOLDING CO., LTD.	+15.12%	30.15B
JAPAN POST HOLDINGS CO., LTD.	+15.32%	29.95B
SBI LIFE INSURANCE COMPANY LIMITED	+0.51%	17.24B
HDFC LIFE INSURANCE COMPANY LIMITED	-11.95%	14.72B