SHG: Shinhan Financial Group Co Ltd Financial Statements
Balance sheet, income statement, and cash flow statements for Shinhan Financial Group Co Ltd (SHG).
$16.86B Market Cap.
SHG Market Cap. (MRY)
SHG Shares Outstanding (MRY)
SHG Assets (MRY)
Total Assets
$739.76T
Total Liabilities
$680.94T
Total Investments
$661.92T
SHG Income (MRY)
Revenue
$18.22T
Net Income
$4.45T
Operating Expense
$8.18T
SHG Cash Flow (MRY)
CF Operations
$4.63T
CF Investing
$148.53B
CF Financing
-$182.65B
SHG Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $739,764,256,000,000 (6.93%) | $691,795,333,000,000 (4.12%) | $664,433,230,000,000 (3.52%) | $641,864,522,000,000 (6.05%) |
Assets Current | - | - | - | - |
Assets Non-Current | - | - | - | - |
Goodwill & Intangible Assets | $6,120,133,000,000 (-1.57%) | $6,217,946,000,000 (7.06%) | $5,807,836,000,000 (2.89%) | $5,644,782,000,000 (3.00%) |
Shareholders Equity | $56,053,756,000,000 (4.34%) | $53,720,537,000,000 (5.89%) | $50,731,842,000,000 (5.76%) | $47,968,678,000,000 (8.85%) |
Property Plant & Equipment Net | $4,157,592,000,000 (4.66%) | $3,972,304,000,000 (-0.97%) | $4,011,097,000,000 (-0.87%) | $4,046,164,000,000 (1.42%) |
Cash & Equivalents | $40,525,712,000,000 (17.03%) | $34,629,251,000,000 (15.24%) | $30,050,840,000,000 (3.45%) | $29,049,341,000,000 (-13.05%) |
Accumulated Other Comprehensive Income | -$1,824,440,000,000 (-69.80%) | -$1,074,453,000,000 (43.77%) | -$1,910,750,000,000 (-111.08%) | -$905,223,000,000 (-123.96%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $661,923,384,000,000 (7.35%) | $616,615,850,000,000 (3.12%) | $597,975,846,000,000 (3.56%) | $577,419,825,000,000 (8.98%) |
Investments Current | - | - | - | - |
Investments Non-Current | - | - | - | - |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Payables | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Accumulated Retained Earnings (Deficit) | $39,020,580,000,000 (7.24%) | $36,387,314,000,000 (7.14%) | $33,963,799,000,000 (9.07%) | $31,139,115,000,000 (12.10%) |
Tax Assets | $260,164,000,000 (41.16%) | $184,309,000,000 (-80.43%) | $941,676,000,000 (543.15%) | $146,416,000,000 (-45.21%) |
Tax Liabilities | $626,952,000,000 (-1.24%) | $634,848,000,000 (-58.03%) | $1,512,712,000,000 (34.67%) | $1,123,285,000,000 (15.89%) |
Total Debt | $143,686,227,000,000 (3.77%) | $138,463,077,000,000 (9.40%) | $126,567,958,000,000 (2.64%) | $123,316,428,000,000 (5.64%) |
Debt Current | - | - | - | - |
Debt Non-Current | - | - | - | - |
Total Liabilities | $680,943,223,000,000 (7.16%) | $635,473,468,000,000 (4.00%) | $611,009,672,000,000 (3.27%) | $591,648,572,000,000 (5.86%) |
Liabilities Current | - | - | - | - |
Liabilities Non-Current | - | - | - | - |
SHG Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $18,219,408,000,000 (1.53%) | $17,944,318,000,000 (10.42%) | $16,250,525,000,000 (-25.83%) | $21,910,008,000,000 (5.36%) |
Cost of Revenue | $4,089,259,000,000 (1.77%) | $4,018,167,000,000 (23.81%) | $3,245,560,000,000 (-62.80%) | $8,724,797,000,000 (-6.02%) |
Selling General & Administrative Expense | $6,116,240,000,000 (3.75%) | $5,895,337,000,000 (4.45%) | $5,644,160,000,000 (-1.72%) | $5,743,088,000,000 (10.18%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $8,182,464,000,000 (1.24%) | $8,082,067,000,000 (10.04%) | $7,344,480,000,000 (1.54%) | $7,233,115,000,000 (9.88%) |
Interest Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Income Tax Expense | $1,470,922,000,000 (-1.08%) | $1,486,960,000,000 (-7.71%) | $1,611,112,000,000 (9.52%) | $1,471,036,000,000 (17.14%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $4,558,170,000,000 (1.79%) | $4,478,000,000,000 (-5.84%) | $4,755,514,000,000 (15.63%) | $4,112,628,000,000 (17.57%) |
Net Income to Non-Controlling Interests | $107,993,000,000 (-1.79%) | $109,965,000,000 (22.36%) | $89,871,000,000 (-3.75%) | $93,374,000,000 (11.85%) |
Net Income | $4,450,177,000,000 (1.88%) | $4,368,035,000,000 (-6.38%) | $4,665,643,000,000 (16.08%) | $4,019,254,000,000 (17.71%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $4,450,177,000,000 (1.88%) | $4,368,035,000,000 (-6.38%) | $4,665,643,000,000 (16.08%) | $4,019,254,000,000 (17.71%) |
Weighted Average Shares | $512,759,471 (0.78%) | $508,784,869 (-1.51%) | $516,599,554 (0.14%) | $515,894,758 (12.07%) |
Weighted Average Shares Diluted | - | - | - | - |
Earning Before Interest & Taxes (EBIT) | $5,921,099,000,000 (1.13%) | $5,854,995,000,000 (-6.72%) | $6,276,755,000,000 (14.32%) | $5,490,290,000,000 (17.56%) |
Gross Profit | $14,130,149,000,000 (1.46%) | $13,926,151,000,000 (7.08%) | $13,004,965,000,000 (-1.37%) | $13,185,211,000,000 (14.53%) |
Operating Income | $5,947,685,000,000 (1.77%) | $5,844,084,000,000 (3.24%) | $5,660,485,000,000 (-4.90%) | $5,952,096,000,000 (20.74%) |
SHG Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | $148,533,000,000 (103.48%) | -$4,271,713,000,000 (60.06%) | -$10,695,927,000,000 (11.09%) | -$12,030,510,000,000 (0%) |
Net Cash Flow from Financing | -$182,650,000,000 (-101.87%) | $9,760,166,000,000 (187.51%) | $3,394,715,000,000 (-31.58%) | $4,961,745,000,000 (-37.04%) |
Net Cash Flow from Operations | $4,626,299,000,000 (773.14%) | $529,846,000,000 (-92.63%) | $7,188,440,000,000 (71.16%) | $4,199,954,000,000 (505.37%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $4,830,659,000,000 (-19.53%) | $6,002,938,000,000 (3595.63%) | -$171,727,000,000 (93.77%) | -$2,755,957,000,000 (-173.16%) |
Net Cash Flow - Business Acquisitions and Disposals | -$335,667,000,000 (-559.11%) | -$50,927,000,000 (69.86%) | -$168,941,000,000 (27.00%) | -$231,426,000,000 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$4,631,823,000,000 (38.72%) | -$7,558,536,000,000 (51.38%) | -$15,545,591,000,000 (-2.77%) | -$15,126,362,000,000 (0%) |
Capital Expenditure | -$247,003,000,000 (-319.67%) | -$58,856,000,000 (-238.24%) | $42,575,000,000 (113.87%) | -$306,955,000,000 (0%) |
Issuance (Repayment) of Debt Securities | $1,672,020,000,000 (-85.67%) | $11,668,679,000,000 (156.93%) | $4,541,497,000,000 (-26.11%) | $6,146,366,000,000 (-13.47%) |
Issuance (Purchase) of Equity Shares | -$699,805,000,000 (-43.98%) | -$486,028,000,000 (-61.98%) | -$300,060,000,000 (-1382.09%) | $23,404,000,000 (-97.99%) |
Payment of Dividends & Other Cash Distributions | -$1,267,146,000,000 (13.29%) | -$1,461,371,000,000 (5.16%) | -$1,540,871,000,000 (-26.43%) | -$1,218,761,000,000 (-25.79%) |
Effect of Exchange Rate Changes on Cash | $238,477,000,000 (1652.48%) | -$15,361,000,000 (73.94%) | -$58,955,000,000 (-152.24%) | $112,854,000,000 (319.62%) |
Share Based Compensation | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Depreciation Amortization & Accretion | $1,280,382,000,000 (8.05%) | $1,185,006,000,000 (18.54%) | $999,682,000,000 (10.74%) | $902,692,000,000 (17.46%) |
SHG Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 77.60% (0.00%) | 77.60% (-3.00%) | 80.00% (32.89%) | 60.20% (8.66%) |
Profit Margin | 24.40% (0.41%) | 24.30% (-15.33%) | 28.70% (56.83%) | 18.30% (11.59%) |
EBITDA Margin | 39.50% (0.77%) | 39.20% (-12.50%) | 44.80% (53.42%) | 29.20% (11.45%) |
Return on Average Equity (ROAE) | 8.10% (-3.57%) | 8.40% (-11.58%) | 9.50% (9.20%) | 8.70% (6.10%) |
Return on Average Assets (ROAA) | 0.60% (0.00%) | 0.60% (-14.29%) | 0.70% (16.67%) | 0.60% (0.00%) |
Return on Sales (ROS) | 32.50% (-0.31%) | 32.60% (-15.54%) | 38.60% (53.78%) | 25.10% (11.56%) |
Return on Invested Capital (ROIC) | 0.70% (-12.50%) | 0.80% (0.00%) | 0.80% (0.00%) | 0.80% (14.29%) |
Dividend Yield | 6.00% (53.85%) | 3.90% (-29.09%) | 5.50% (5.77%) | 5.20% (15.56%) |
Price to Earnings Ratio (P/E) | 5.59 (12.92%) | 4.95 (19.52%) | 4.14 (-17.68%) | 5.04 (3.43%) |
Price to Sales Ratio (P/S) | 1.33 (17.61%) | 1.13 (0.89%) | 1.12 (29.33%) | 0.87 (20.78%) |
Price to Book Ratio (P/B) | 0.43 (14.29%) | 0.38 (5.29%) | 0.36 (-9.34%) | 0.4 (17.16%) |
Debt to Equity Ratio (D/E) | 12.15 (2.70%) | 11.83 (-1.79%) | 12.04 (-2.35%) | 12.33 (-2.74%) |
Earnings Per Share (EPS) | 8,441 (4.88%) | 8,048 (-5.30%) | 8,498 (16.28%) | 7,308 (9.83%) |
Sales Per Share (SPS) | 24.74 (-9.13%) | 27.23 (9.17%) | 24.94 (-30.09%) | 35.68 (-14.04%) |
Free Cash Flow Per Share (FCFPS) | 8,540.64 (822.60%) | 925.72 (-93.39%) | 13,997.33 (85.49%) | 7,546.11 (435.26%) |
Book Value Per Share (BVPS) | 109,317.84 (3.53%) | 105,585.96 (7.52%) | 98,203.42 (5.62%) | 92,981.52 (-2.88%) |
Tangible Assets Book Value Per Share (TABVPS) | 1,430,776.35 (6.18%) | 1,347,479.91 (5.69%) | 1,274,924.43 (3.38%) | 1,233,235.52 (-5.35%) |
Enterprise Value Over EBIT (EV/EBIT) | 22 (10.00%) | 20 (11.11%) | 18 (-10.00%) | 20 (5.26%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 18.34 (10.50%) | 16.59 (4.06%) | 15.95 (-5.64%) | 16.9 (5.34%) |
Asset Turnover | 0.03 (-3.85%) | 0.03 (4.00%) | 0.03 (-28.57%) | 0.04 (-2.78%) |
Current Ratio | - | - | - | - |
Dividends | $1.96 (64.40%) | $1.19 (-23.01%) | $1.55 (-4.27%) | $1.62 (21.41%) |
Free Cash Flow (FCF) | $4,379,296,000,000 (829.81%) | $470,990,000,000 (-93.49%) | $7,231,015,000,000 (85.74%) | $3,892,999,000,000 (475.74%) |
Enterprise Value (EV) | $91,959,940,780 (1.95%) | $90,200,053,361 (-1.97%) | $92,013,498,366 (1.36%) | $90,778,277,510 (13.22%) |
Earnings Before Tax (EBT) | $5,921,099,000,000 (1.13%) | $5,854,995,000,000 (-6.72%) | $6,276,755,000,000 (14.32%) | $5,490,290,000,000 (17.56%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $7,201,481,000,000 (2.29%) | $7,040,001,000,000 (-3.25%) | $7,276,437,000,000 (13.82%) | $6,392,982,000,000 (17.54%) |
Invested Capital | $836,804,638,000,000 (6.00%) | $789,411,213,000,000 (4.54%) | $755,142,512,000,000 (3.38%) | $730,486,827,000,000 (6.94%) |
Working Capital | - | - | - | - |
Tangible Asset Value | $733,644,123,000,000 (7.01%) | $685,577,387,000,000 (4.09%) | $658,625,394,000,000 (3.52%) | $636,219,740,000,000 (6.08%) |
Market Capitalization | $16,859,531,406 (7.66%) | $15,660,398,268 (8.54%) | $14,428,625,543 (-9.52%) | $15,946,306,970 (16.40%) |
Average Equity | $54,887,146,500,000 (5.10%) | $52,226,189,500,000 (5.83%) | $49,350,260,000,000 (7.24%) | $46,019,122,500,000 (10.56%) |
Average Assets | $715,779,794,500,000 (5.55%) | $678,114,281,500,000 (3.82%) | $653,148,876,000,000 (4.75%) | $623,549,313,000,000 (7.73%) |
Invested Capital Average | $813,107,925,500,000 (5.29%) | $772,276,862,500,000 (3.97%) | $742,814,669,500,000 (5.10%) | $706,779,114,000,000 (7.76%) |
Shares | 512,759,471 (0.78%) | 508,784,869 (-1.51%) | 516,599,554 (0.14%) | 515,894,758 (12.07%) |
