Shinhan Retained Earnings vs Common Stock Shares Outstanding Analysis

SHG Stock

USD 33.85 0.19 0.56%

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 Retained Earnings and its Common Stock Shares Outstanding 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.

Retained Earnings vs Common Stock Shares Outstanding

Retained Earnings vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shinhan Financial Retained Earnings account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.

The correlation between Shinhan Financial's Retained Earnings and Common Stock Shares Outstanding is 0.76. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock Shares Outstanding 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 Retained Earnings and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Shinhan Financial Group are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Retained Earnings i.e., Shinhan Financial's Retained Earnings and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.76

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

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

	2022	2023	2024	2025 (projected)
Interest Expense	7.6T	16.8T	19.3T	20.2T
Depreciation And Amortization	999.7B	1.2T	1.1T	559.2B

Interest Expense Depreciation And Amortization

Shinhan Financial fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt
Total Assets		0.85	-0.37	0.69	0.99	0.52	0.96	0.86	0.99	0.96	0.97	0.74	0.66	-0.3	0.27	0.78	0.95	0.78	0.65	1.0	0.78	-0.18	0.17	0.7	0.89	0.94
Short Long Term Debt Total	0.85		-0.37	0.43	0.83	0.63	0.77	0.99	0.83	0.77	0.81	0.48	0.39	-0.06	0.39	0.87	0.75	0.55	0.83	0.85	0.68	-0.04	0.18	0.8	0.79	0.81
Other Current Liab	-0.37	-0.37		-0.47	-0.39	-0.02	-0.31	-0.28	-0.41	-0.41	-0.42	-0.41	-0.36	0.29	0.09	-0.23	-0.4	-0.39	-0.18	-0.37	-0.26	-0.7	0.02	-0.27	-0.4	-0.41
Total Current Liabilities	0.69	0.43	-0.47		0.74	-0.02	0.75	0.44	0.74	0.8	0.7	0.99	0.99	-0.88	-0.28	0.43	0.81	0.83	0.23	0.69	0.56	-0.09	0.2	0.54	0.56	0.65
Total Stockholder Equity	0.99	0.83	-0.39	0.74		0.44	0.97	0.84	0.99	0.96	0.97	0.78	0.7	-0.36	0.24	0.81	0.95	0.79	0.68	0.99	0.79	-0.2	0.19	0.74	0.85	0.9
Other Liab	0.52	0.63	-0.02	-0.02	0.44		0.33	0.62	0.46	0.45	0.48	0.07	0.01	0.25	0.76	0.36	0.4	0.02	0.44	0.53	0.64	0.02	-0.05	0.21	0.62	0.61
Property Plant And Equipment Net	0.96	0.77	-0.31	0.75	0.97	0.33		0.79	0.96	0.91	0.92	0.79	0.73	-0.38	0.09	0.8	0.93	0.86	0.59	0.96	0.68	-0.26	0.27	0.74	0.77	0.84
Net Debt	0.86	0.99	-0.28	0.44	0.84	0.62	0.79		0.84	0.77	0.79	0.5	0.41	-0.07	0.34	0.86	0.76	0.58	0.8	0.86	0.65	-0.15	0.22	0.78	0.78	0.82
Retained Earnings	0.99	0.83	-0.41	0.74	0.99	0.46	0.96	0.84		0.97	0.96	0.78	0.71	-0.36	0.21	0.76	0.96	0.8	0.62	0.99	0.77	-0.16	0.14	0.69	0.89	0.94
Accounts Payable	0.96	0.77	-0.41	0.8	0.96	0.45	0.91	0.77	0.97		0.95	0.84	0.78	-0.48	0.24	0.67	0.99	0.75	0.56	0.96	0.85	-0.16	0.0	0.62	0.87	0.92
Cash	0.97	0.81	-0.42	0.7	0.97	0.48	0.92	0.79	0.96	0.95		0.74	0.67	-0.34	0.33	0.78	0.93	0.73	0.69	0.97	0.83	-0.15	0.16	0.71	0.86	0.89
Non Current Assets Total	0.74	0.48	-0.41	0.99	0.78	0.07	0.79	0.5	0.78	0.84	0.74		0.99	-0.86	-0.18	0.48	0.85	0.82	0.3	0.74	0.64	-0.15	0.2	0.58	0.6	0.69
Non Currrent Assets Other	0.66	0.39	-0.36	0.99	0.7	0.01	0.73	0.41	0.71	0.78	0.67	0.99		-0.9	-0.26	0.38	0.79	0.8	0.19	0.66	0.58	-0.17	0.21	0.51	0.53	0.62
Other Assets	-0.3	-0.06	0.29	-0.88	-0.36	0.25	-0.38	-0.07	-0.36	-0.48	-0.34	-0.86	-0.9		0.39	-0.1	-0.5	-0.53	0.03	-0.29	-0.37	0.07	-0.12	-0.3	-0.19	-0.28
Cash And Short Term Investments	0.27	0.39	0.09	-0.28	0.24	0.76	0.09	0.34	0.21	0.24	0.33	-0.18	-0.26	0.39		0.31	0.19	-0.38	0.55	0.27	0.64	0.04	-0.32	0.13	0.33	0.26
Common Stock Shares Outstanding	0.78	0.87	-0.23	0.43	0.81	0.36	0.8	0.86	0.76	0.67	0.78	0.48	0.38	-0.1	0.31		0.68	0.55	0.91	0.78	0.61	-0.22	0.35	0.94	0.58	0.61
Short Term Investments	0.95	0.75	-0.4	0.81	0.95	0.4	0.93	0.76	0.96	0.99	0.93	0.85	0.79	-0.5	0.19	0.68		0.78	0.54	0.95	0.82	-0.15	0.0	0.64	0.83	0.89
Non Current Liabilities Total	0.78	0.55	-0.39	0.83	0.79	0.02	0.86	0.58	0.8	0.75	0.73	0.82	0.8	-0.53	-0.38	0.55	0.78		0.27	0.78	0.34	-0.2	0.42	0.59	0.61	0.71
Other Stockholder Equity	0.65	0.83	-0.18	0.23	0.68	0.44	0.59	0.8	0.62	0.56	0.69	0.3	0.19	0.03	0.55	0.91	0.54	0.27		0.64	0.65	-0.19	0.22	0.85	0.5	0.49
Total Liab	1.0	0.85	-0.37	0.69	0.99	0.53	0.96	0.86	0.99	0.96	0.97	0.74	0.66	-0.29	0.27	0.78	0.95	0.78	0.64		0.78	-0.18	0.17	0.69	0.89	0.94
Total Current Assets	0.78	0.68	-0.26	0.56	0.79	0.64	0.68	0.65	0.77	0.85	0.83	0.64	0.58	-0.37	0.64	0.61	0.82	0.34	0.65	0.78		-0.08	-0.12	0.55	0.73	0.74
Short Term Debt	-0.18	-0.04	-0.7	-0.09	-0.2	0.02	-0.26	-0.15	-0.16	-0.16	-0.15	-0.15	-0.17	0.07	0.04	-0.22	-0.15	-0.2	-0.19	-0.18	-0.08		-0.2	-0.23	-0.03	-0.07
Intangible Assets	0.17	0.18	0.02	0.2	0.19	-0.05	0.27	0.22	0.14	0.0	0.16	0.2	0.21	-0.12	-0.32	0.35	0.0	0.42	0.22	0.17	-0.12	-0.2		0.43	0.0	0.06
Common Stock	0.7	0.8	-0.27	0.54	0.74	0.21	0.74	0.78	0.69	0.62	0.71	0.58	0.51	-0.3	0.13	0.94	0.64	0.59	0.85	0.69	0.55	-0.23	0.43		0.47	0.52
Property Plant Equipment	0.89	0.79	-0.4	0.56	0.85	0.62	0.77	0.78	0.89	0.87	0.86	0.6	0.53	-0.19	0.33	0.58	0.83	0.61	0.5	0.89	0.73	-0.03	0.0	0.47		0.98
Long Term Debt	0.94	0.81	-0.41	0.65	0.9	0.61	0.84	0.82	0.94	0.92	0.89	0.69	0.62	-0.28	0.26	0.61	0.89	0.71	0.49	0.94	0.74	-0.07	0.06	0.52	0.98

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Shinhan Financial Account Relationship Matchups

Shinhan Financial fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	605.2T	648.2T	675.9T	691.8T	795.6T	835.3T
Short Long Term Debt Total	106.0T	113.1T	119.1T	126.0T	144.9T	76.4T
Other Current Liab	(15.7T)	(2.0T)	(13.8T)	(19.9T)	(17.9T)	(18.8T)
Total Current Liabilities	14.6T	14.1T	702.1B	257.7T	296.4T	311.2T
Total Stockholder Equity	44.1T	47.3T	48.4T	53.7T	61.8T	64.9T
Other Liab	67.2T	70.4T	78.1T	23.9T	27.5T	16.8T
Property Plant And Equipment Net	4.0T	5.4T	5.9T	6.1T	7.0T	7.3T
Net Debt	71.4T	83.6T	88.6T	90.4T	103.9T	58.7T
Retained Earnings	27.8T	30.5T	33.3T	36.4T	41.8T	43.9T
Accounts Payable	14.6T	14.0T	12.3T	18.9T	21.8T	22.8T
Cash	34.6T	29.5T	30.5T	35.6T	41.0T	43.0T
Non Current Assets Total	176.8T	191.2T	10.9T	864.0T	993.6T	1.04328452571E15
Non Currrent Assets Other	(215.3B)	(134.9B)	(183.1T)	651.7T	749.4T	786.9T
Other Assets	320.4T	347.2T	635.1T	(268.9T)	(309.2T)	(293.7T)
Cash And Short Term Investments	92.9T	94.4T	29.9T	30.4T	35.0T	37.4T
Common Stock Shares Outstanding	500.3M	534.0M	530.6M	519.2M	597.1M	487.3M
Short Term Investments	58.3T	64.8T	63.7T	90.3T	103.9T	109.1T
Liabilities And Stockholders Equity	605.2T	648.2T	675.9T	691.8T	795.6T	835.3T
Non Current Liabilities Total	107.0T	113.8T	624.1T	635.5T	730.8T	767.3T
Other Stockholder Equity	12.2T	11.2T	10.4T	11.8T	13.6T	8.5T
Total Liab	558.9T	598.6T	624.8T	635.5T	730.8T	767.3T
Total Current Assets	108.0T	109.8T	29.9T	96.7T	111.1T	116.7T
Accumulated Other Comprehensive Income	(404.2B)	(984.9B)	(3.6T)	2.3T	2.0T	2.1T
Short Term Debt	71.3B	42.4B	48.1B	34.1B	30.7B	29.1B
Intangible Assets	790.8B	974.6B	1.1T	1.5T	1.4T	1.1T
Property Plant Equipment	4.1T	4.0T	4.0T	4.4T	5.0T	5.3T
Long Term Debt	103.9T	111.1T	115.7T	125.8T	144.7T	151.9T
Good Will	4.7T	4.7T	4.7T	4.7T	5.4T	3.3T
Other Current Assets	58.4T	699.1B	1.1T	66.3T	59.6T	116.8T
Property Plant And Equipment Gross	4.0T	8.3T	8.8T	9.2T	10.6T	11.1T
Net Receivables	15.1T	15.2B	14.9T	21.0T	24.1T	25.3T
Inventory	(58.4T)	(54.9T)	(72.6T)	877.3B	789.6B	829.1B
Deferred Long Term Liab	1.1T	1.2T	1.2T	454.3B	522.4B	875.5B
Net Tangible Assets	33.4T	38.4T	41.5T	43.1T	49.5T	29.7T
Long Term Debt Total	101.5T	104.5T	111.7T	116.4T	133.8T	85.9T
Capital Surpluse	9.9T	10.6T	12.2T	12.1T	13.9T	10.6T
Capital Lease Obligations	594.2B	612.7B	623.3B	613.9B	706.0B	390.3B

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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:

How To Invest In Shinhan

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Is Shinhan Stock a good investment?

Details

What is Shinhan Financial's Net Worth?

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Largest Diversified Banks Companies

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Largest Banks - Regional Companies

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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 Global Correlations module to find global opportunities by holding instruments from different markets.

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

0.131

Dividend Share

2.1 K

Earnings Share

0.72

Revenue Per Share

29.3 K

Quarterly Revenue Growth

0.071

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.

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Shinhan Retained Earnings vs Common Stock Shares Outstanding Analysis

Retained Earnings vs Common Stock Shares Outstanding

Retained Earnings vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Retained Earnings

Common Stock Shares Outstanding

Shinhan Financial fundamental ratios Correlations

Shinhan Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shinhan Financial fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Total Current Liabilities
Non Currrent Assets Other	+ 0.99	Total Current Liabilities

Other Assets	- 0.9	Non Currrent Assets Other
Other Assets	- 0.88	Total Current Liabilities
Other Assets	- 0.86	Non Current Assets Total
Short Term Debt	- 0.7	Other Current Liab
Non Current Liabilities Total	- 0.53	Other Assets
Short Term Investments	- 0.5	Other Assets