According to the data, as of the end of the first quarter, the total cash reserves of 47 listed companies including Samsung and Hyundai were 158.9 trillion won (approximately US$148.1 billion), an increase of 7.8% over the same period last year.
As of the end of March, Samsung’s cash reserves stood at 32.3 trillion won (US$30.1 billion), up 17.2% year-on-year; modern cash reserves increased 28.5% year-on-year to 8.3 trillion won; Hana Financial Group’s cash reserves increased by 9.3% year-on-year. 9.9 trillion won.
Among South Korea's top ten listed companies, South Korea's Shinhan Financial Group and South Korea's Hyundai Heavy Industries Group’s cash reserves increased by 11.9% and 9.4% respectively over the same period.