---
title: "Woori Financial Group Boosts Equity with KRW 2.47 Trillion Land Revaluation"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283985771.md"
description: "Woori Financial Group Inc. has reported a significant land revaluation, increasing the book value of 203 land parcels from KRW 1.78 trillion to KRW 4.25 trillion, resulting in a revaluation difference of KRW 2.47 trillion. This adjustment enhances the group's balance sheet and capital position, although the revaluation surplus cannot be distributed as dividends. The latest analyst rating for Woori Finance Holdings Co (WF) is a Buy with a price target of $72.26, while Spark's AI Analyst rates it as Neutral due to high leverage and volatile cash flows."
datetime: "2026-04-24T10:47:56.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283985771.md)
  - [en](https://longbridge.com/en/news/283985771.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283985771.md)
---

# Woori Financial Group Boosts Equity with KRW 2.47 Trillion Land Revaluation

### Claim 30% Off TipRanks

-   Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
-   Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks

Woori Finance Holdings Co ( (WF) ) just unveiled an update.

On April 24, 2026, Woori Financial Group Inc. reported the results of a revaluation of 203 Hoehyeon-dong, Jung-gu, Seoul and 317 other land parcels, undertaken to align the book value of these assets with fair value under K-IFRS. Based on a March 31, 2026 valuation, the land’s book value rose from KRW 1.78 trillion to KRW 4.25 trillion, creating a revaluation difference of KRW 2.47 trillion, equivalent to 0.40% of the group’s KRW 612.6 trillion in total consolidated assets.

Provisional accounting shows land assets increasing by KRW 2.47 trillion, offset by an additional KRW 676.6 billion in deferred tax liabilities and a KRW 1.79 trillion boost to equity through revaluation surplus and related items. While the revaluation strengthens Woori Financial Group’s balance sheet and capital position, management cautioned that figures remain subject to external audit and that the revaluation surplus, booked as other comprehensive income, cannot be distributed as dividends under the Korean Commercial Code, limiting its direct benefit to shareholders’ cash returns.

The most recent analyst rating on (WF) stock is a Buy with a $72.26 price target. To see the full list of analyst forecasts on Woori Finance Holdings Co stock, see the WF Stock Forecast page.

**Spark’s Take on WF Stock**

According to Spark, TipRanks’ AI Analyst, WF is a Neutral.

WF scores as moderately attractive: valuation is a key strength (low P/E and solid yield), but overall financial performance is held back by higher leverage and historically volatile cash flows. Technicals are currently weak/oversold, while earnings-call guidance is constructive on capital and returns but includes notable near-term cost and risk items.

To see Spark’s full report on WF stock, click here.

**More about Woori Finance Holdings Co**

Woori Financial Group Inc., headquartered in Seoul, is a South Korean financial holding company operating primarily in banking and related financial services. The group manages a broad portfolio of financial assets and liabilities under Korean International Financial Reporting Standards, with a focus on maintaining a robust capital base and sound financial structure within the domestic and international banking markets.

**Average Trading Volume:** 107,915

**Technical Sentiment Signal:** Strong Buy

**Current Market Cap:** $17.16B

### Related Stocks

- [WF.US](https://longbridge.com/en/quote/WF.US.md)

## Related News & Research

- [Woori Financial Group Posts KRW 639 Billion Net Profit for First Quarter 2026](https://longbridge.com/en/news/286579383.md)
- [Woori Financial Group Posts Strong Q1 2026 Revenue Growth Despite Mixed Profit Trends](https://longbridge.com/en/news/283995729.md)
- [Miami International Holdings Announces OCC Clearing and Settlement Agreement for MIAX Futures Exchange | MIAX Stock News](https://longbridge.com/en/news/287049867.md)
- [TEN Holdings Reports First Quarter 2026 Financial Results | XHLD Stock News](https://longbridge.com/en/news/286611640.md)
- [Woori Financial Group Declares High-Dividend Status and Details 2025 Payout Structure](https://longbridge.com/en/news/280152329.md)