Shinhan Property Plant And Equipment Net vs Short Term Investments Analysis

SHG Stock  USD 39.81  0.15  0.38%   
Shinhan Financial financial indicator trend analysis is much more than just breaking down Shinhan Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shinhan Financial is a good investment. Please check the relationship between Shinhan Financial Property Plant And Equipment Net and its Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shinhan Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Property Plant And Equipment Net vs Short Term Investments

Property Plant And Equipment Net vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shinhan Financial Property Plant And Equipment Net account and Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Shinhan Financial's Property Plant And Equipment Net and Short Term Investments is 0.73. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Shinhan Financial Group, assuming nothing else is changed. The correlation between historical values of Shinhan Financial's Property Plant And Equipment Net and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Shinhan Financial Group are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Property Plant And Equipment Net i.e., Shinhan Financial's Property Plant And Equipment Net and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Short Term Investments

Short Term Investments is an item under the current assets section of Shinhan Financial balance sheet. It contains any investments Shinhan Financial Group undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Shinhan Financial can easily liquidate in the marketplace.
Most indicators from Shinhan Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shinhan Financial current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shinhan Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
The current Selling General Administrative is estimated to decrease to about 6.9 T. The current Tax Provision is estimated to decrease to about 1.2 T
 2021 2022 2023 2024 (projected)
Interest Expense4.0T7.6T16.8T17.6T
Depreciation And Amortization902.7B999.7B1.2T1.2T

Shinhan Financial fundamental ratios Correlations

0.98-0.210.230.990.720.940.960.850.760.830.32-0.250.250.520.820.750.470.621.00.65-0.130.120.720.770.81
0.98-0.320.270.970.710.890.980.850.760.830.34-0.30.220.540.830.750.450.660.980.67-0.010.140.740.780.82
-0.21-0.32-0.45-0.2-0.03-0.12-0.22-0.36-0.36-0.36-0.370.530.220.06-0.16-0.35-0.35-0.01-0.21-0.19-0.740.05-0.18-0.38-0.36
0.230.27-0.450.19-0.010.30.280.620.70.560.99-0.68-0.82-0.230.210.710.75-0.20.230.43-0.050.160.330.530.53
0.990.97-0.20.190.660.940.950.820.730.820.28-0.260.270.560.880.710.410.710.980.65-0.150.120.80.710.74
0.720.71-0.03-0.010.660.510.690.560.560.570.110.330.280.770.420.50.030.470.720.710.02-0.050.260.640.69
0.940.89-0.120.30.940.510.890.810.70.780.36-0.370.170.330.860.730.590.550.930.51-0.240.240.810.640.69
0.960.98-0.220.280.950.690.890.860.760.80.36-0.330.20.470.820.750.50.630.960.63-0.120.180.720.770.83
0.850.85-0.360.620.820.560.810.860.960.950.68-0.53-0.110.350.740.950.720.460.850.72-0.140.090.650.90.93
0.760.76-0.360.70.730.560.70.760.960.930.76-0.46-0.270.390.610.980.640.350.770.82-0.14-0.070.530.890.91
0.830.83-0.360.560.820.570.780.80.950.930.63-0.4-0.10.480.770.910.620.560.830.8-0.120.110.690.850.85
0.320.34-0.370.990.280.110.360.360.680.760.63-0.61-0.8-0.10.280.770.73-0.10.310.54-0.130.170.390.590.59
-0.25-0.30.53-0.68-0.260.33-0.37-0.33-0.53-0.46-0.4-0.610.380.43-0.35-0.51-0.740.02-0.25-0.02-0.01-0.13-0.41-0.39-0.38
0.250.220.22-0.820.270.280.170.2-0.11-0.27-0.1-0.80.380.360.22-0.29-0.340.470.25-0.210.03-0.070.0-0.08-0.06
0.520.540.06-0.230.560.770.330.470.350.390.48-0.10.430.360.470.35-0.350.740.520.780.03-0.30.30.370.37
0.820.83-0.160.210.880.420.860.820.740.610.770.28-0.350.220.470.620.420.830.810.57-0.210.340.920.530.55
0.750.75-0.350.710.710.50.730.750.950.980.910.77-0.51-0.290.350.620.680.330.750.78-0.13-0.080.560.850.87
0.470.45-0.350.750.410.030.590.50.720.640.620.73-0.74-0.34-0.350.420.68-0.060.470.15-0.190.430.460.580.62
0.620.66-0.01-0.20.710.470.550.630.460.350.56-0.10.020.470.740.830.33-0.060.620.56-0.140.110.690.320.32
1.00.98-0.210.230.980.720.930.960.850.770.830.31-0.250.250.520.810.750.470.620.65-0.130.120.720.780.82
0.650.67-0.190.430.650.710.510.630.720.820.80.54-0.02-0.210.780.570.780.150.560.65-0.06-0.180.50.690.69
-0.13-0.01-0.74-0.05-0.150.02-0.24-0.12-0.14-0.14-0.12-0.13-0.010.030.03-0.21-0.13-0.19-0.14-0.13-0.06-0.19-0.23-0.02-0.04
0.120.140.050.160.12-0.050.240.180.09-0.070.110.17-0.13-0.07-0.30.34-0.080.430.110.12-0.18-0.190.45-0.030.01
0.720.74-0.180.330.80.260.810.720.650.530.690.39-0.410.00.30.920.560.460.690.720.5-0.230.450.40.42
0.770.78-0.380.530.710.640.640.770.90.890.850.59-0.39-0.080.370.530.850.580.320.780.69-0.02-0.030.40.98
0.810.82-0.360.530.740.690.690.830.930.910.850.59-0.38-0.060.370.550.870.620.320.820.69-0.040.010.420.98
Click cells to compare fundamentals

Shinhan Financial Account Relationship Matchups

Shinhan Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets552.4T605.2T648.2T675.9T691.8T372.6T
Short Long Term Debt Total107.6T106.0T113.1T119.1T126.0T76.4T
Other Current Liab(294.7B)(15.7T)(2.0T)(13.8T)(19.9T)(18.9T)
Total Current Liabilities12.0T14.6T14.1T702.1B257.7T270.6T
Total Stockholder Equity39.2T44.1T47.3T48.4T49.7T27.7T
Other Liab67.2T70.4T78.1T23.9T27.5T16.8T
Property Plant And Equipment Net4.1T4.0T5.4T5.9T6.1T3.3T
Net Debt78.0T71.4T83.6T88.6T90.4T58.7T
Retained Earnings25.5T27.8T30.5T33.3T36.4T38.2T
Accounts Payable11.9T14.6T14.0T12.3T18.9T19.9T
Cash29.6T34.6T29.5T30.5T35.6T37.4T
Non Current Assets Total169.2T176.8T191.2T10.9T864.0T907.2T
Non Currrent Assets Other(218.3B)(215.3B)(134.9B)(183.1T)(212.3T)(201.7T)
Other Assets282.2T320.4T347.2T635.1T(268.9T)(255.4T)
Cash And Short Term Investments89.0T92.9T94.4T29.9T30.4T37.4T
Common Stock Shares Outstanding477.3M500.3M534.0M530.6M519.2M487.3M
Short Term Investments59.4T58.3T64.8T63.7T90.3T94.8T
Liabilities And Stockholders Equity552.4T605.2T648.2T675.9T691.8T372.6T
Non Current Liabilities Total108.4T107.0T113.8T624.1T642.2T674.3T
Other Stockholder Equity11.2T12.2T11.2T10.4T7.8T8.3T
Total Liab510.5T558.9T598.6T624.8T635.5T343.4T
Total Current Assets101.0T108.0T109.8T29.9T96.7T101.5T
Accumulated Other Comprehensive Income(260.2B)(404.2B)(984.9B)(3.6T)2.3T2.4T
Short Term Debt86.8B71.3B42.4B48.1B34.1B32.4B
Intangible Assets868.7B790.8B974.6B1.1T1.5T1.1T
Property Plant Equipment4.1T4.0T4.0T4.4T5.0T5.3T
Long Term Debt100.4T103.9T111.1T115.7T125.8T132.1T
Good Will4.7T4.7T4.7T4.7T4.7T3.3T
Other Current Assets47.9T58.4T699.1B1.1T66.3T116.8T
Property Plant And Equipment Gross4.1T4.0T8.3T8.8T9.2T9.7T
Net Receivables12.1T15.1T15.2B14.9T21.0T22.0T
Inventory(47.9T)(58.4T)(54.9T)(72.6T)877.3B921.2B
Deferred Long Term Liab1.1T1.2T1.2T454.3B522.4B875.5B
Net Tangible Assets33.4T38.4T41.5T43.1T49.5T29.7T
Long Term Debt Total101.5T104.5T111.7T116.4T133.8T85.9T
Capital Surpluse9.9T10.6T12.2T12.1T13.9T10.6T
Capital Lease Obligations1.1T594.2B612.7B623.3B613.9B390.3B

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 World Market Map to better understand how to build diversified portfolios, which includes a position in Shinhan Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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
0.108
Dividend Share
3.2 K
Earnings Share
6.22
Revenue Per Share
29 K
Quarterly Revenue Growth
2.224
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.