Shinhan Financial Statements From 2010 to 2026

SHG Stock  USD 54.02  0.39  0.73%   
Shinhan Financial's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Shinhan Financial's valuation are provided below:
Gross Profit
15.1 T
Profit Margin
0.3231
Market Capitalization
26.2 B
Enterprise Value Revenue
10.0001
Revenue
15.1 T
There are over one hundred nineteen available fundamental trend indicators for Shinhan Financial Group, which can be analyzed over time and compared to other ratios. Active traders should verify all of Shinhan Financial Group current fundamental drivers against the trend between 2010 and 2026 to make sure the company can sustain itself down the road. The current Market Cap is estimated to decrease to about 9 T. Enterprise Value is estimated to decrease to about 43.9 T

Shinhan Financial Total Revenue

42.72 Trillion

Check Shinhan Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shinhan Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 579.7 B, Interest Expense of 21.5 T or Selling General Administrative of 6.4 T, as well as many indicators such as Price To Sales Ratio of 1.09, Dividend Yield of 0.0293 or PTB Ratio of 0.94. Shinhan financial statements analysis is a perfect complement when working with Shinhan Financial Valuation or Volatility modules.
  
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Check out the analysis of Shinhan Financial Correlation against competitors.

Shinhan Financial Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets893.3 T850.7 T505.2 T
Slightly volatile
Short and Long Term Debt Total181.4 T172.8 T101.3 T
Slightly volatile
Total Current Liabilities561.3 T534.6 T302 T
Slightly volatile
Total Stockholder Equity67.7 T64.5 T39.1 T
Slightly volatile
Other Liabilities16.8 T27.5 T25.1 T
Slightly volatile
Property Plant And Equipment Net3.4 T4.8 T3.7 T
Slightly volatile
Net Debt65.5 T124.9 T69.7 T
Slightly volatile
Retained Earnings47.1 T44.9 T24.7 T
Slightly volatile
Accounts Payable18.3 T17.4 T10.7 T
Slightly volatile
Cash50.3 T47.9 T26.9 T
Slightly volatile
Non Current Assets Total707.5 T673.8 T392.1 T
Slightly volatile
Cash And Short Term Investments163.6 T155.8 T84.9 T
Slightly volatile
Common Stock Shares Outstanding489.2 M582.2 M484.7 M
Slightly volatile
Short Term Investments113.3 T107.9 T58 T
Slightly volatile
Liabilities And Stockholders Equity893.3 T850.7 T505.2 T
Slightly volatile
Non Current Liabilities Total260.9 T248.5 T140.9 T
Slightly volatile
Other Stockholder Equity9.4 T18.3 T11.5 T
Slightly volatile
Total Liabilities822.2 T783.1 T464.1 T
Slightly volatile
Total Current Assets185.7 T176.9 T95.9 T
Slightly volatile
Intangible Assets802.3 B1.3 T695.3 B
Slightly volatile
Common Stock2.4 T3.1 T2.5 T
Slightly volatile
Property Plant EquipmentT4.8 T2.8 T
Slightly volatile
Long Term Debt166.4 T158.5 T75.8 T
Slightly volatile
Good Will3.6 T5.4 TT
Slightly volatile
Common Stock Total Equity2.4 TT2.4 T
Slightly volatile
Other Current Assets740.4 B779.3 B17.8 T
Pretty Stable
Property Plant And Equipment Gross11.7 T11.1 T5.4 T
Slightly volatile
Current Deferred Revenue565.9 B595.6 B1.2 T
Slightly volatile
Net Receivables21.1 T20.1 T10.4 T
Slightly volatile
Net Tangible Assets29.7 T49.5 T24 T
Slightly volatile
Long Term Debt Total95.5 T151.6 T70.7 T
Slightly volatile
Capital Surpluse11.1 T13.9 TT
Slightly volatile
Long Term Investments138.7 T230 T103.3 T
Slightly volatile
Earning Assets141.8 T209.2 T129.1 T
Slightly volatile
Net Invested Capital170.2 T222.6 T143.5 T
Slightly volatile
Capital Stock3.2 T3.4 T2.8 T
Slightly volatile

Shinhan Financial Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization579.7 B1.2 T766 B
Very volatile
Interest Expense21.5 T20.5 T8.6 T
Slightly volatile
Selling General Administrative6.4 T5.4 T7.4 T
Very volatile
Total Revenue42.7 T40.7 T21.2 T
Slightly volatile
Gross Profit12.5 T17.9 T13.9 T
Slightly volatile
Other Operating Expenses35.4 T33.7 T14.3 T
Slightly volatile
EBITDA7.7 T8.4 T7.6 T
Pretty Stable
Income Before Tax3.7 T6.9 T4.2 T
Slightly volatile
Net Income Applicable To Common Shares5.2 T4.9 T2.6 T
Slightly volatile
Net Income2.6 T5.1 T3.1 T
Slightly volatile
Selling And Marketing Expenses285.1 B362.6 B266.8 B
Slightly volatile
Tax Provision1.3 T1.7 T1.1 T
Slightly volatile
Net Interest Income10.7 T13.1 T9.1 T
Slightly volatile
Interest Income18.6 T33.6 T16.3 T
Slightly volatile
Reconciled Depreciation885 B1.5 T621.6 B
Slightly volatile

Shinhan Financial Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Income3.3 T5.2 T3.9 T
Slightly volatile
End Period Cash Flow42.6 T40.5 T14.7 T
Slightly volatile
Begin Period Cash Flow36.7 T35 T12.9 T
Slightly volatile
Depreciation1.5 T1.5 T663.1 B
Slightly volatile
Other Non Cash Items1.6 TT1.9 T
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.090.780.9568
Slightly volatile
Dividend Yield0.02930.04730.0422
Slightly volatile
PTB Ratio0.940.490.6498
Slightly volatile
Days Sales Outstanding105162135
Slightly volatile
Book Value Per Share109.8 K104.6 K79.6 K
Slightly volatile
Average Payables1.3 T2.1 T2.1 T
Very volatile
Capex To Depreciation1.030.71.1094
Slightly volatile
PB Ratio0.940.490.6498
Slightly volatile
EV To Sales4.473.943.7792
Slightly volatile
ROIC0.01880.01910.0117
Very volatile
Net Income Per Share4.2 K7.9 K6.2 K
Slightly volatile
Payables Turnover1.141.50.9571
Pretty Stable
Sales General And Administrative To Revenue0.110.120.337
Slightly volatile
Research And Ddevelopement To Revenue6.0E-47.0E-47.0E-4
Pretty Stable
Capex To Revenue0.02650.02530.0238
Very volatile
Cash Per Share252.9 K240.9 K151.8 K
Slightly volatile
Interest Coverage0.460.30.6445
Very volatile
Payout Ratio0.210.260.2575
Slightly volatile
Days Payables Outstanding378251471
Very volatile
ROE0.120.09130.0937
Slightly volatile
PE Ratio9.096.237.0346
Slightly volatile
Return On Tangible Assets0.00810.0070.0071
Slightly volatile
Earnings Yield0.110.170.1564
Slightly volatile
Intangibles To Total Assets0.01410.00950.0104
Pretty Stable
Net Debt To EBITDA16.2615.2713.5642
Slightly volatile
Current Ratio0.340.440.5878
Slightly volatile
Tangible Book Value Per Share98.4 K93.7 K70.1 K
Slightly volatile
Receivables Turnover2.212.33201
Pretty Stable
Graham Number139.9 K133.2 K104.2 K
Slightly volatile
Shareholders Equity Per Share104.6 K99.7 K75.3 K
Slightly volatile
Debt To Equity3.592.852.4738
Slightly volatile
Capex Per Share7801.4 KK
Slightly volatile
Revenue Per Share32.1 K62.9 K44.8 K
Slightly volatile
Interest Debt Per Share292.2 K278.3 K199.4 K
Slightly volatile
Debt To Assets0.230.220.1878
Slightly volatile
Enterprise Value Over EBITDA21.6719.0618.4366
Pretty Stable
Short Term Coverage Ratios142135131
Very volatile
Price Earnings Ratio9.096.237.0346
Slightly volatile
Operating Cycle105162135
Slightly volatile
Price Book Value Ratio0.940.490.6498
Slightly volatile
Days Of Payables Outstanding378251471
Very volatile
Dividend Payout Ratio0.210.260.2575
Slightly volatile
Pretax Profit Margin0.140.150.1818
Very volatile
Operating Profit Margin0.140.150.1818
Very volatile
Effective Tax Rate0.30.280.248
Pretty Stable
Company Equity Multiplier16.5415.1813.4869
Pretty Stable
Long Term Debt To Capitalization0.780.820.7059
Pretty Stable
Total Debt To Capitalization0.810.820.7156
Slightly volatile
Return On Capital Employed0.01070.01970.0133
Slightly volatile
Debt Equity Ratio3.592.852.4738
Slightly volatile
Ebit Per Revenue0.140.150.1818
Very volatile
Quick Ratio0.340.440.5878
Slightly volatile
Net Income Per E B T0.580.660.7483
Slightly volatile
Cash Ratio0.120.08070.1578
Slightly volatile
Days Of Sales Outstanding105162135
Slightly volatile
Price To Book Ratio0.940.490.6498
Slightly volatile
Fixed Asset Turnover4.665.075.7281
Slightly volatile
Enterprise Value Multiple21.6719.0618.4366
Pretty Stable
Debt Ratio0.230.220.1878
Slightly volatile
Price Sales Ratio1.090.780.9568
Slightly volatile
Return On Assets0.0080.00690.007
Slightly volatile
Asset Turnover0.06250.0550.0508
Slightly volatile
Net Profit Margin0.10.110.1373
Pretty Stable
Gross Profit Margin0.480.40.6207
Pretty Stable
Price Fair Value0.940.490.6498
Slightly volatile
Return On Equity0.120.09130.0937
Slightly volatile

Shinhan Financial Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market CapT10.6 T11.1 T
Pretty Stable
Enterprise Value43.9 T81.5 T83 T
Very volatile

Shinhan Fundamental Market Drivers

Forward Price Earnings4.0833
Cash And Short Term Investments135.5 T

Shinhan Upcoming Events

4th of March 2024
Upcoming Quarterly Report
View
25th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
4th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Shinhan Financial Financial Statements

Shinhan Financial stakeholders use historical fundamental indicators, such as Shinhan Financial's revenue or net income, to determine how well the company is positioned to perform in the future. Although Shinhan Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in Shinhan Financial's assets and liabilities are reflected in the revenues and expenses on Shinhan Financial's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Shinhan Financial Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue595.6 B565.9 B
Total Revenue40.7 T42.7 T
Cost Of Revenue22.8 T23.9 T
Sales General And Administrative To Revenue 0.12  0.11 
Capex To Revenue 0.03  0.03 
Revenue Per Share62.9 K32.1 K
Ebit Per Revenue 0.15  0.14 

Currently Active Assets on Macroaxis

When determining whether Shinhan Financial is a strong investment it is important to analyze Shinhan Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Shinhan Financial's future performance. For an informed investment choice regarding Shinhan Stock, refer to the following important reports:
Check out the analysis of Shinhan Financial Correlation against competitors.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shinhan Financial. If investors know Shinhan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shinhan Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.141
Dividend Share
2.2 K
Earnings Share
6.71
Revenue Per Share
30.6 K
Quarterly Revenue Growth
0.034
The market value of Shinhan Financial is measured differently than its book value, which is the value of Shinhan that is recorded on the company's balance sheet. Investors also form their own opinion of Shinhan Financial's value that differs from its market value or its book value, called intrinsic value, which is Shinhan Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shinhan Financial's market value can be influenced by many factors that don't directly affect Shinhan Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shinhan Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shinhan Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shinhan Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.