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 (2.35%) | ₩675,884,281,000,000 (4.28%) | ₩648,152,185,000,000 (7.09%) |
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 (10.90%) | ₩48,438,706,000,000 (2.43%) | ₩47,291,150,000,000 (7.31%) |
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 (17.26%) | ₩29,532,235,000,000 (3.79%) | ₩28,453,404,000,000 (-14.84%) |
Accumulated Other Comprehensive Income | -₩1,824,440,000,000 (-69.80%) | -₩1,074,453,000,000 (70.01%) | -₩3,582,720,000,000 (-263.75%) | -₩984,936,000,000 (-143.69%) |
Deferred Revenue | ₩0 (0%) | ₩0 (0%) | ₩0 (0%) | ₩0 (0%) |
Total Investments | ₩661,923,384,000,000 (7.35%) | ₩616,615,850,000,000 (2.72%) | ₩600,297,771,000,000 (4.64%) | ₩573,697,639,000,000 (8.28%) |
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 (9.13%) | ₩33,342,633,000,000 (9.17%) | ₩30,541,300,000,000 (9.95%) |
Tax Assets | ₩260,164,000,000 (41.16%) | ₩184,309,000,000 (-82.91%) | ₩1,078,640,000,000 (619.03%) | ₩150,013,000,000 (-43.87%) |
Tax Liabilities | ₩626,952,000,000 (-1.24%) | ₩634,848,000,000 (-27.20%) | ₩872,099,000,000 (-0.74%) | ₩878,607,000,000 (-9.35%) |
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 (1.72%) | ₩624,753,859,000,000 (4.37%) | ₩598,613,763,000,000 (7.11%) |
Liabilities Current | - | - | - | - |
Liabilities Non-Current | - | - | - | - |
SHG Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | ₩18,219,408,000,000 (0.10%) | ₩18,201,084,000,000 (104.38%) | ₩8,905,554,000,000 (-7.96%) | ₩9,675,795,000,000 (2.05%) |
Cost of Revenue | ₩4,089,259,000,000 (1.77%) | ₩4,018,167,000,000 (0%) | ₩0 (0%) | ₩0 (0%) |
Selling General & Administrative Expense | ₩6,116,240,000,000 (3.75%) | ₩5,895,337,000,000 (-1.97%) | ₩6,013,514,000,000 (4.71%) | ₩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 (-47.79%) | ₩15,481,156,000,000 (6.82%) | ₩14,493,024,000,000 (0.40%) |
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 (-8.05%) | ₩1,617,088,000,000 (9.93%) | ₩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 (-5.37%) | ₩4,732,163,000,000 (15.06%) | ₩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 (-5.91%) | ₩4,642,292,000,000 (15.50%) | ₩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 (-5.91%) | ₩4,642,292,000,000 (15.50%) | ₩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 (-6.46%) | ₩6,259,380,000,000 (14.01%) | ₩5,490,290,000,000 (17.56%) |
Gross Profit | ₩14,130,149,000,000 (-0.37%) | ₩14,182,917,000,000 (59.26%) | ₩8,905,554,000,000 (-7.96%) | ₩9,675,795,000,000 (2.05%) |
Operating Income | ₩5,947,685,000,000 (-2.51%) | ₩6,100,850,000,000 (192.78%) | -₩6,575,602,000,000 (-36.50%) | -₩4,817,229,000,000 (2.74%) |
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 (0%) | ₩0 (0%) | ₩0 (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 (-93.02%) | ₩7,592,560,000,000 (80.78%) | ₩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 (5984.19%) | -₩102,018,000,000 (96.30%) | -₩2,755,957,000,000 (-173.16%) |
Net Cash Flow - Business Acquisitions and Disposals | -₩335,667,000,000 (-559.11%) | -₩50,927,000,000 (0%) | ₩0 (0%) | ₩0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | -₩4,631,823,000,000 (38.72%) | -₩7,558,536,000,000 (0%) | ₩0 (0%) | ₩0 (0%) |
Capital Expenditure | -₩247,003,000,000 (-319.67%) | -₩58,856,000,000 (0%) | ₩0 (0%) | ₩0 (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 (73.44%) | -₩57,837,000,000 (-151.25%) | ₩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 (12.45%) | ₩1,053,820,000,000 (16.74%) | ₩902,692,000,000 (17.46%) |
SHG Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 77.60% (-0.39%) | 77.90% (-22.10%) | 100.00% (0.00%) | 100.00% (0.00%) |
Profit Margin | 24.40% (1.67%) | 24.00% (-53.93%) | 52.10% (25.54%) | 41.50% (15.28%) |
EBITDA Margin | 39.50% (2.07%) | 38.70% (-52.86%) | 82.10% (24.21%) | 66.10% (15.16%) |
Return on Average Equity (ROAE) | 8.10% (-3.57%) | 8.40% (-13.40%) | 9.70% (10.23%) | 8.80% (7.32%) |
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% (0.93%) | 32.20% (-54.20%) | 70.30% (23.99%) | 56.70% (15.01%) |
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% (21.87%) | 3.20% (357.14%) | 0.70% (0%) |
Price to Earnings Ratio (P/E) | 5.59 (12.92%) | 4.95 (18.89%) | 4.17 (-17.24%) | 5.04 (3.43%) |
Price to Sales Ratio (P/S) | 1.33 (19.30%) | 1.11 (-45.47%) | 2.04 (4.13%) | 1.96 (24.73%) |
Price to Book Ratio (P/B) | 0.43 (14.29%) | 0.38 (0.53%) | 0.38 (-6.23%) | 0.4 (18.64%) |
Debt to Equity Ratio (D/E) | 12.15 (2.70%) | 11.83 (-8.29%) | 12.9 (1.90%) | 12.66 (-0.19%) |
Earnings Per Share (EPS) | 8,441 (4.88%) | 8,048 (-4.80%) | 8,454 (15.68%) | 7,308 (9.83%) |
Sales Per Share (SPS) | 24.74 (-10.41%) | 27.62 (102.06%) | 13.67 (-13.25%) | 15.76 (-16.74%) |
Free Cash Flow Per Share (FCFPS) | 8,540.64 (822.60%) | 925.72 (-93.70%) | 14,697.19 (80.53%) | 8,141.11 (461.70%) |
Book Value Per Share (BVPS) | 109,317.84 (3.53%) | 105,585.96 (12.61%) | 93,764.51 (2.29%) | 91,668.21 (-4.25%) |
Tangible Assets Book Value Per Share (TABVPS) | 1,430,776.35 (6.18%) | 1,347,479.91 (3.88%) | 1,297,090.64 (4.15%) | 1,245,423.4 (-4.41%) |
Enterprise Value Over EBIT (EV/EBIT) | 22 (10.00%) | 20 (5.26%) | 19 (-5.00%) | 20 (5.26%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 18.34 (10.50%) | 16.59 (4.59%) | 15.87 (-6.12%) | 16.9 (5.34%) |
Asset Turnover | 0.03 (-7.41%) | 0.03 (107.69%) | 0.01 (-13.33%) | 0.01 (-6.25%) |
Current Ratio | - | - | - | - |
Dividends | ₩1.96 (64.40%) | ₩1.19 (33.37%) | ₩0.89 (307.76%) | ₩0.22 (0%) |
Free Cash Flow (FCF) | ₩4,379,296,000,000 (829.81%) | ₩470,990,000,000 (-93.80%) | ₩7,592,560,000,000 (80.78%) | ₩4,199,954,000,000 (505.37%) |
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 (-6.46%) | ₩6,259,380,000,000 (14.01%) | ₩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 (-3.74%) | ₩7,313,200,000,000 (14.39%) | ₩6,392,982,000,000 (17.54%) |
Invested Capital | ₩836,804,638,000,000 (6.00%) | ₩789,411,213,000,000 (2.91%) | ₩767,112,168,000,000 (4.03%) | ₩737,370,427,000,000 (7.95%) |
Working Capital | - | - | - | - |
Tangible Asset Value | ₩733,644,123,000,000 (7.01%) | ₩685,577,387,000,000 (2.31%) | ₩670,076,445,000,000 (4.29%) | ₩642,507,403,000,000 (7.13%) |
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 (9.11%) | ₩47,864,928,000,000 (4.78%) | ₩45,680,358,500,000 (9.75%) |
Average Assets | ₩715,779,794,500,000 (5.55%) | ₩678,114,281,500,000 (2.43%) | ₩662,018,233,000,000 (5.64%) | ₩626,693,144,500,000 (8.27%) |
Invested Capital Average | ₩813,107,925,500,000 (5.29%) | ₩772,276,862,500,000 (2.66%) | ₩752,241,297,500,000 (5.92%) | ₩710,220,914,000,000 (8.29%) |
Shares | 512,759,471 (0.78%) | 508,784,869 (-1.51%) | 516,599,554 (0.14%) | 515,894,758 (12.07%) |
