KOREA FUND INC (KF)
The Korea Fund, Inc. operates as a closed-end investment vehicle, managed by Allianz Global Investors U.S. LLC. Its primary objective is to allocate capital to publicly traded companies within the dynamic equity markets of Korea. The fund strategically diversifies its holdings across various sectors, with a particular emphasis on identifying growth-oriented companies. Its investment approach hinges on rigorous fundamental analysis, employing a bottom-up stock selection methodology. This involves meticulously scrutinizing factors such as price-to-earnings ratios, dividend yields, and earnings-per-share growth to construct its portfolio. Performance is evaluated relative to the MSCI Korea 25/50 Index. Furthermore, it incorporates insights from 'Grassroots Research' to inform its investment decisions. Established on August 29, 1984, The Korea Fund, Inc. maintains its domicile in the United States.
Industry: Asset Management
The Korea Fund, Inc.
NYSE:KFFinancial Services · Asset Management
PrePre-market+2.76%$57.70
Close$56.15+2.69%
AH Close$56.15+2.76%since AH close
Close$56.15+2.69%AH$56.15+2.76%since
Mkt Cap$233.49M
Float4.16M
O/S4.16M
Inst Own75.2%
Div Yield2.46%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$66.81M
Net Income$242.84M
Total Assets$366.56M
Free Cash Flow$0
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$365.45M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:10Reverse splitDec 22, 200810 shares → 1
Balance Sheet Details
Assets$366.56M
Liabilities$1.11M
Accounts Receivable$552K
Accounts Payable$666K
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 |
| Revenue | $66.81M | $10.18M | $11.97M | -$9.52M | -$81.96M | $121.17M | -$7.85M | -$23.4M | $9.98M | $40.11M | $1.29M | $3.72M | $2.94M | $3.22M |
| YoY Growth | 556.5% | -15.0% | -225.7% | -88.4% | -167.6% | -1644.4% | -66.5% | -334.6% | -75.1% | 3009.7% | -65.3% | 26.7% | -8.7% | - |
| Cost of Revenue | $1.76M | $43 | $29 | $2 | $1.77M | $1.86M | $1.31M | $1.49M | $1.95M | $2.13M | $2.18M | $0 | $0 | $0 |
| Gross Profit | $65.04M | $10.18M | $11.97M | $2.87M | -$83.73M | $119.31M | -$9.15M | -$24.89M | $8.02M | $37.97M | -$893K | $3.72M | $2.94M | $3.22M |
| Gross Margin | 97.4% | 100.0% | 100.0% | -30.2% | 102.2% | 98.5% | 116.7% | 106.4% | 80.4% | 94.7% | -69.2% | 100.0% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$14 | $0 | $1 | -$23 | $0 | $0 | $0 |
| Selling, General, and Administrative | $0 | $1.06M | $942K | $978K | $1.05M | $863K | $705K | $935K | $958K | $1 | -$23 | $3.9M | $4.13M | $4.39M |
| Other | -$177.94M | $513K | $512K | $628K | $1.51M | $763K | $26K | $26K | $25K | $6.59M | $6.99M | $0 | $0 | $0 |
| Total Operating Expenses | -$177.94M | $1.57M | $1.45M | $1.61M | $2.56M | $1.63M | $731K | $961K | $984K | $47.86M | $33.5M | $26.63M | $68.11M | $21.99M |
| Operating Income (EBIT) | $242.98M | $8.6M | $10.52M | $6.26M | -$83.45M | $119.55M | -$8.58M | -$24.36M | $8.99M | $1.07M | $775K | -$176K | -$1.19M | -$1.18M |
| Operating Margin | 363.7% | 84.5% | 87.9% | -65.7% | 101.8% | 98.7% | 109.3% | 104.1% | 90.1% | 2.7% | 60.1% | -4.7% | -40.7% | -36.6% |
| Interest Expense | $51 | $43 | $29 | $0 | $0 | $207 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $2.28M | $5K | $2K | $2K | $105 | $655 | $2K | $4K | $4K | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$142K | $25K | -$83K | -$100K | -$435K | $0 | $0 | $0 | $0 | $51.02M | -$30.23M | -$22.73M | $1.15M | -$17.6M |
| Income Before Tax (EBT) | $242.84M | $8.6M | $10.52M | $6.16M | -$83.88M | $119.55M | -$8.58M | -$24.36M | $8.99M | $52.09M | -$29.45M | -$22.91M | $71.05M | -$18.77M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $72.25M | $0 |
| Net Income | $242.84M | $8.6M | $10.52M | $6.16M | -$83.88M | $119.55M | -$8.58M | -$24.36M | $8.99M | $51.52M | -$29.57M | -$22.91M | $71.05M | -$18.77M |
| Net Income Margin | 363.5% | 84.5% | 87.9% | -64.7% | 102.3% | 98.7% | 109.3% | 104.1% | 90.1% | 128.5% | -2292.9% | -615.4% | 2419.4% | -583.9% |
| Supplementary Data | ||||||||||||||
| EPS | 58.40 | 2.06 | 2.18 | 1.25 | -16.73 | 23.79 | -1.69 | -4.75 | 1.33 | 8.17 | -4.29 | -3.11 | 8.89 | -2.16 |
| Diluted EPS | 58.40 | 2.06 | 2.18 | 1.25 | -16.73 | 23.79 | -1.69 | -4.75 | 1.33 | 8.17 | -4.29 | -3.11 | 8.89 | -2.16 |
| Weighted Average OS | 4.16M | 4.17M | 4.85M | 4.93M | 5.01M | 5.03M | 5.07M | 5.13M | 6.76M | 6.30M | 6.89M | 7.35M | 7.99M | 8.69M |
| EBITDA | $242.84M | $8.6M | $10.6M | $6.26M | -$83.45M | $119.43M | -$8.5M | -$24.28M | $8.68M | $1.07M | $775K | -$21.9M | $71.1M | $1.18M |
| EBITDA Margin | 363.5% | 84.5% | 88.5% | -65.7% | 101.8% | 98.6% | 108.4% | 103.8% | 87.0% | 2.7% | 60.1% | -588.4% | 2420.9% | 36.6% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $1.46M | $474K | $633K | $555K | $956K | $401K | $547K | $694K | $359K | $642K | $10.57M | $9.89M | $2.64M | $10.34M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $1.46M | $474K | $633K | $555K | $956K | $1.88M | $547K | $694K | $359K | $642K | $10.57M | $9.89M | $2.64M | $10.34M |
| Accounts Receivable | $552K | $1.66M | $1.03M | $1M | $592K | $999K | $317K | $421K | $3.68M | $3.46M | $203K | $2.14M | $113K | $1.65M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $1.14M | $5.31M | $14.87M | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | -$107K | $0 | $0 | -$1.25M | $4.2M | $10.83M | $8.41M | $9.82M | $38.26M | $31.93M | $20.16M |
| Total Current Assets | $2.02M | $2.13M | $1.76M | $1.56M | $1.66M | $2.99M | $864K | $1.12M | $4.04M | $15.93M | $20.77M | $50.45M | $34.86M | $32.15M |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $364.46M | $127.44M | $138.39M | $129.81M | $142.33M | $271.43M | $156.04M | $171.52M | $239.72M | $249.67M | $238.01M | $281.54M | $345.65M | $306.36M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $81K | $82K | $0 | $0 | $0 | $0 | $0 | -$171.52M | -$239.72M | $8.01M | $9.38M | $36.42M | $30.36M | $18.88M |
| Total Long-Term Assets | $364.54M | $127.52M | $138.39M | $129.81M | $142.33M | $271.43M | $156.04M | $171.52M | $239.72M | $257.67M | $247.4M | $317.96M | $376.01M | $325.25M |
| Other Assets | $0 | $0 | $0 | $107K | $110K | $0 | $112K | $106K | $131K | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $366.56M | $129.65M | $140.15M | $131.47M | $143.49M | $274.42M | $157.02M | $172.74M | $243.89M | $273.6M | $268.16M | $368.41M | $410.86M | $357.4M |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $666K | $1.12M | $770K | $552K | $349K | $1.06M | $96K | $27K | $5.3M | $4.26M | $1.53M | $0 | $0 | $1.59M |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $8.41M | $9.82M | $38.26M | $31.93M | $20.15M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$4.17M | -$5.53M | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$4.32M | -$16.27M | $0 | $0 | $0 | $0 | $409K |
| Total Current Liabilities | $1.11M | $1.12M | $770K | $552K | $349K | $1.06M | $96K | $27K | $5.3M | $13.22M | $11.87M | $38.82M | $32.35M | $22.15M |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $1.11M | $180K | $257K | $202K | $346K | $415K | $0 | $0 | $0 | $406K | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $1.11M | $180K | $257K | $202K | $346K | $415K | $273K | $4.65M | $16.57M | $13.63M | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | -$754K | -$3K | -$1.47M | -$273K | -$4.65M | -$5.3M | -$13.22M | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.11M | $1.3M | $1.03M | $552K | $695K | $1.06M | $96K | $27K | $16.57M | $13.63M | $11.87M | $38.82M | $32.35M | $22.15M |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 |
| Common Stock | $42K | $42K | $48K | $49K | $50K | $50K | $50K | $51K | $54K | $58K | $70K | $74K | $80K | $87K |
| Retained Earnings | $260.12M | $23.03M | $16.32M | $5.8M | $16.05M | $145.66M | $28.76M | $37.69M | $1.73M | $103.01M | $53.15M | $113.92M | $136.26M | $65.21M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$0 | $0 | -$0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $105.29M | $105.29M | $122.75M | $124.87M | $126.7M | $127.23M | $127.94M | $130.35M | $225.54M | $156.91M | $203.07M | $215.46M | $241.8M | $269.53M |
| Total Equity | $365.45M | $128.36M | $139.12M | $130.72M | $142.8M | $272.95M | $156.75M | $168.09M | $227.32M | $259.98M | $256.29M | $329.46M | $378.15M | $334.83M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $366.56M | $129.65M | $140.15M | $131.27M | $143.49M | $274M | $156.84M | $168.12M | $243.89M | $273.6M | $268.16M | $368.28M | $410.49M | $356.98M |
| Supplementary Data | ||||||||||||||
| Total Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.2M | $10.83M | $8.41M | $9.82M | $38.26M | $31.93M | $20.15M |
| Net Debt | -$1.46M | -$474K | -$633K | -$555K | -$956K | -$401K | -$547K | $3.5M | $10.47M | $7.76M | -$752K | $28.36M | $29.29M | $9.81M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 |
| Operating Activities | ||||||||||||||
| Net Income | $242.84M | $8.6M | $10.52M | $6.16M | -$83.88M | $119.55M | -$8.58M | -$24.36M | $8.99M | $52.09M | -$29.45M | -$22.91M | $71.05M | -$18.77M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $176K | $1.19M | $1.18M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Non-Cash Items | -$242.84M | -$8.6M | -$10.52M | -$6.16M | $83.88M | -$119.55M | $8.58M | $24.36M | -$8.99M | -$52.09M | $29.45M | $22.73M | -$72.25M | $17.6M |
| Net Cash from Operating | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Investing Activities | ||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Financing Activities | ||||||||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $0 | $0 | $0 | $0 | -$925K | $1.06M | $131K | $335K | $0 | $0 | $0 | $0 | $0 | $0 |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash at Beginning | $0 | $0 | $0 | $956K | $1.88M | $825K | $694K | $359K | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash at End | $0 | $0 | $0 | $956K | $956K | $1.88M | $825K | $694K | $0 | $0 | $0 | $0 | $0 | $0 |