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Shinhan Financial Group Co Ltd

Financial Services US SHG

67.31USD
1.73(2.64%)

Last update at 2026-06-12T20:00:00Z

Day Range

66.1667.68
LowHigh

52 Week Range

24.9936.64
LowHigh

Fundamentals

  • Previous Close 65.58
  • Market Cap15588.84M
  • Volume126793
  • P/E Ratio5.13
  • Dividend Yield5.71%
  • Revenue TTM62544135.85M
  • Revenue Per Share TTM121327.63
  • Gross Profit TTM 25674668.00M
  • Diluted EPS TTM5.89

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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 6349000.00M 5583664.00M 4754000.00M 4912000.00M 4466610.00M
Minority interest -90000.00000M -93374.00000M 2287291.00M 2752435.00M 925805.00M
Net income 4642000.00M 4019254.00M 3415000.00M 3404000.00M 3156722.00M
Selling general administrative 13732000.00M 11863806.00M 13064000.00M 13201000.00M 8888917.00M
Selling and marketing expenses 339955.00M 280780.00M 204308.00M 265739.00M 287688.00M
Gross profit 22605000.00M 21855989.00M 20639000.00M 20429000.00M 15889546.00M
Reconciled depreciation 1053820.00M 902692.00M 768488.00M 677152.00M 301916.00M
Ebit 13904292.00M 5490290.00M 4671000.00M 4673000.00M 9417434.00M
Ebitda 4642292.00M 6392982.00M 5439488.00M 5350152.00M 9719350.00M
Depreciation and amortization -9262000.00000M 902692.00M 768488.00M 677152.00M 301916.00M
Non operating income net other - - - 0.00000M 0.00000M
Operating income 13904292.00M 5490290.00M 4671000.00M 4673000.00M 9417434.00M
Other operating expenses 14071000.00M 11690339.00M 12729000.00M 13013000.00M 9199037.00M
Interest expense 7645000.00M 3954905.00M 4891000.00M 5969000.00M 4992367.00M
Tax provision 1617088.00M 1471036.00M 1255795.00M 1269124.00M 1268345.00M
Interest income 20109000.00M 14724230.00M 14773996.00M 15707362.00M 13572456.00M
Net interest income 12464000.00M 10769325.00M 9882700.00M 9737964.00M 8580089.00M
Extraordinary items - - - 0.00000M 0.00000M
Non recurring - - - 0.00000M 0.00000M
Other items - - - 0.00000M 0.00000M
Income tax expense 1617000.00M 1471036.00M 1256000.00M 1269000.00M 1268345.00M
Total revenue 22605000.00M 21855989.00M 20639000.00M 20429000.00M 15889546.00M
Total operating expenses 14071000.00M 11690339.00M 12729000.00M 13013000.00M 9199037.00M
Cost of revenue - - - 0.00000M 0.00000M
Total other income expense net -7555292.00000M 93374.00M 83000.00M 239000.00M -4950824.00000M
Discontinued operations - - - 0.00000M 0.00000M
Net income from continuing ops 6349251.00M 4112628.00M 3498076.00M 3642384.00M 3198265.00M
Net income applicable to common shares 4486015.00M 3902866.00M 3329268.00M 3341504.00M 3116365.00M
Preferred stock and other adjustments - - - 0.00000M 0.00000M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 675884281.00M 648152185.00M 605234104.00M 552419581.00M 459600510.00M
Intangible assets 1123934.00M 974648.00M 790827.00M 868665.00M 416616.00M
Earning assets - 181926296.00M 171303995.00M 161863403.00M 112906819.00M
Other current assets 12624810.00M 347185142.00M 320444562.00M 282152404.00M 274854719.00M
Total liab 624753859.00M 598613763.00M 558877246.00M 510489200.00M 422949080.00M
Total stockholder equity 48438706.00M 47291150.00M 44069567.00M 39177946.00M 35725625.00M
Deferred long term liab 454284.00M 1184097.00M 1163534.00M 1051968.00M 868670.00M
Other current liab -11798480.00000M -14084174.00000M -14640271.00000M -11981555.00000M -9748168.00000M
Common stock 2608176.00M 2608176.00M 2608176.00M 2370998.00M 2370998.00M
Capital stock 2969641.00M 2969641.00M 2969641.00M 2732463.00M 2645053.00M
Retained earnings 33342633.00M 30541300.00M 27777169.00M 25525821.00M 22959440.00M
Other liab 23904280.00M 78084403.00M 70399817.00M 67230757.00M 34123066.00M
Good will 4683902.00M 4670134.00M 4689792.00M 4690049.00M 3903518.00M
Other assets 635091365.00M 347185142.00M 320444562.00M 282152404.00M 274854719.00M
Cash 30548983.00M 29531048.00M 34555587.00M 29608316.00M 18501060.00M
Cash and equivalents - - - - -
Total current liabilities 702143.00M 14084174.00M 14640271.00M 11981555.00M 9748168.00M
Current deferred revenue - - - - -
Net debt 88576910.00M 83602525.00M 71436797.00M 77983012.00M 77544626.00M
Short term debt 48072.00M 42434.00M 71309.00M 86791.00M 0.00000M
Short long term debt 48072.00M 42434.00M 71309.00M 86791.00M 0.00000M
Short long term debt total 119125893.00M 113133573.00M 105992384.00M 107591328.00M 96045686.00M
Other stockholder equity 15709152.00M 14765145.00M 13726938.00M 11179818.00M 10874352.00M
Property plant equipment 4374205.00M 4046164.00M 3989697.00M 4083328.00M 3003886.00M
Total current assets 29921650.00M 109794860.00M 107971320.00M 101046013.00M 66423369.00M
Long term investments 181181356.00M 180085903.00M 167347906.00M 159579122.00M 110998402.00M
Net tangible assets 43085154.00M 41514051.00M 38411075.00M 33401867.00M 31213972.00M
Short term investments 63661719.00M 64838323.00M 58316112.00M 59381053.00M 38314170.00M
Net receivables 14874850.00M 15425489.00M 15099621.00M 12056644.00M 9608139.00M
Long term debt 115732064.00M 111063670.00M 103892126.00M 100405467.00M 83991884.00M
Inventory - - - 0.00000M 0.00000M
Accounts payable 12452551.00M 14041740.00M 14568962.00M 11894764.00M 9748168.00M
Total permanent equity - - - 0.00000M 0.00000M
Noncontrolling interest in consolidated entity - - - 0.00000M 0.00000M
Temporary equity redeemable noncontrolling interests - - - 0.00000M 0.00000M
Accumulated other comprehensive income -3582720.00000M -984936.00000M -404181.00000M -260156.00000M -753220.00000M
Additional paid in capital - - - 0.00000M 0.00000M
Common stock total equity - - 2608176.00M 2370998.00M 2370998.00M
Preferred stock total equity - - - 0.00000M 0.00000M
Retained earnings total equity - - - 0.00000M 0.00000M
Treasury stock - - - 0.00000M 0.00000M
Accumulated amortization - - - 0.00000M 0.00000M
Non currrent assets other -183114147.00000M -191172183.00000M -176818222.00000M -169221164.00000M -118322422.00000M
Deferred long term asset charges - - - 0.00000M 0.00000M
Non current assets total 10871266.00M 191172183.00M 176818222.00M 169221164.00M 118322422.00M
Capital lease obligations 623339.00M 612690.00M 594161.00M 1104259.00M 0.00000M
Long term debt total 116355403.00M 111676360.00M 104486287.00M 101509726.00M 83991884.00M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -11031456.00000M -11003560.00000M -3025926.00000M -22687867.00000M -5512585.00000M
Change to liabilities 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Total cashflows from investing activities -11031456.00000M -12030510.00000M -3025926.00000M -22687867.00000M -5512585.00000M
Net borrowings 4541497.00M 4991769.00M 6654867.00M 15949580.00M 13570669.00M
Total cash from financing activities 3394715.00M 4961745.00M 7880569.00M 15878811.00M 13806527.00M
Change to operating activities -25927699.00000M -30418886.00000M -36438223.00000M -26538714.00000M -26958236.00000M
Net income 6349251.00M 5583664.00M 4753871.00M 4911508.00M 4466610.00M
Change in cash -102018.00000M 4120903.00M 383808.00M 399418.00M 1943106.00M
Begin period cash flow 24103443.00M 8962982.00M 8579174.00M 8179756.00M 6236650.00M
End period cash flow 24001425.00M 13083885.00M 8962982.00M 8579174.00M 8179756.00M
Total cash from operating activities 7592560.00M 11080115.00M -4409317.00000M 7179046.00M -6320196.00000M
Issuance of capital stock 0.00000M 23588.00M 161863.00M 747791.00M -
Depreciation 1053820.00M 902692.00M 768488.00M 677152.00M 301916.00M
Other cashflows from investing activities -10088329.00000M -212447.00000M -149214.00000M -441182.00000M -271358.00000M
Dividends paid -1540871.00000M -1218761.00000M -968847.00000M -830772.00000M 714705.00M
Change to inventory - - - 0.00000M 0.00000M
Change to account receivables - - - 0.00000M 0.00000M
Sale purchase of stock -300060.00000M -79.00000M -150182.00000M -444077.00000M -151993.00000M
Other cashflows from financing activities 47408499.00M 30575522.00M 31128429.00M 256813.00M -5282.00000M
Change to netincome 2152822.00M 2571806.00M 2503926.00M 3643335.00M 2453621.00M
Capital expenditures 943127.00M 890214.00M 642069.00M 589316.00M 300093.00M
Change receivables - - - 0.00000M 0.00000M
Cash flows other operating - - - 0.00000M 0.00000M
Exchange rate changes - - - 0.00000M 0.00000M
Cash and cash equivalents changes - - - 0.00000M 0.00000M
Change in working capital -256374.00000M 3586363.00M -11096326.00000M -544938.00000M -12618248.00000M
Stock based compensation - - - - -
Other non cash items 445863.00M 1007396.00M 1164650.00M 2135324.00M 1529526.00M
Free cash flow 6649433.00M 10189901.00M -5051386.00000M 6589730.00M -6620289.00000M

Peer Comparison

Sector: Financial Services Industry: Banks - Regional

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x)
SHG
Shinhan Financial Group Co Ltd
1.73 2.64% 67.31 5.13 4.28 0.0003 0.38
HDB
HDFC Bank Limited ADR
0.36 1.51% 24.17 20.81 20.96 0.11 4.77
CIHKY
China Merchants Bank Co Ltd
0.43 1.39% 31.40 7.78 7.65 0.56 0.90 3.62
DBSDF
DBS Group Holdings Ltd
- -% 48.87 15.29 14.41 5.84 2.36 10.40
CIHHF
China Merchants Bank Co Ltd Class H
- -% 6.08 6.10 5.67 0.44 0.77 3.43

Reports Covered

Stock Research & News

Profile

Shinhan Financial Group Co., Ltd. provides financial products and services in South Korea and internationally. The company operates through six segments: Banking, Credit Card, Securities, Life Insurance, Credit, and Others. It offers retail banking services, including demand, savings, and fixed deposit-taking; checking accounts; mortgage and home equity, and retail lending; electronic banking and automatic teller machines (ATM); and bill paying, payroll and check-cashing, currency exchange, and wire fund transfer services. The company also provides corporate banking services, such as investment banking, real estate financing, overseas real estate and development project financing, infrastructure and structured financing, equity/venture investments, mergers and acquisitions consulting; securitization and derivatives services comprising securities and derivative products, and foreign exchange trading; and working capital loans and facilities loans. In addition, it is involved in treasury and investment activities in international capital markets consisting of foreign currency-denominated securities trading, foreign exchange trading and services, trade-related financial services, international factoring services, and foreign banking operations. Further, the company offers real estate trust, investment advisory, venture capital, non-life insurance, trust account management, securities brokerage, and asset management services, as well as leasing and equipment financing, savings banking, loan collection and credit reporting, collective investment administration, private equity investment, and financial system development services. Shinhan Financial Group Co., Ltd. was founded in 1982 and is headquartered in Seoul, South Korea.

Shinhan Financial Group Co Ltd

20, Sejong-daero 9-gil, Seoul, South Korea, 04513

Key Executives

Name Title Year Born
Mr. Yong-Byoung Cho Chairman & CEO 1957
Dr. Keon-hyok Lee Head of Future Strategy Research Institute 1963
Taekyung Lee Deputy Pres & CFO 1966
Mr. Een-kyoon Lee Deputy Pres & COO 1967
Mr. Tae Youn Kim Exec. Director & Head of Accounting Division 1968
Mr. Keun Soo Jung Deputy Pres and Head of Group & Global Investment Banking Group 1966
Cheol Woo Park Head of Investor Relations NA
Mr. Ho-Min Wang Deputy Pres & Chief Compliance Officer 1964
Mr. Jun Sik Ahn Deputy Pres & Chief PR Officer 1965
Mr. Chil Sun Hong Sr. Exec. VP of Subsidiary Mgmt Team II, PR Team and Audit & Compliance Team 1946

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