Shinhan Financial Group Co., Ltd.(SHG) Stock Research - Grey Stern Research
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Shinhan Financial Group Co., Ltd. (SHG) Stock Analysis

$38.68 (-0.46%)

SHG Financial Performance


Use the table below to view Shinhan Financial Group Co., Ltd.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q2 - 2024

Metric Value Ranking among Peers
Price $39.10 -
52 Week Low $26.24 -
52 Week High $46.05 -
Market Cap $19.8 Billion 1/12
Gross Margin 100% 1/12
Profit Margin 8% 8/12
EBITDA margin 0% 9/12
Q2 - 2024 Revenue $13.8 Billion 1/12
Q2 - 2024 Earnings $1.1 Billion 1/12
Q2 - 2024 Free Cash Flow $2.5 Billion 1/12
Trailing 4 Quarters Revenue $51.3 Billion 1/12
Trailing 4 Quarters Earnings $3.5 Billion 1/12
Quarterly Earnings Growth 17% 4/12
Annual Earnings Growth -15% 6/12
Quarterly Revenue Growth 284% 2/12
Annual Revenue Growth 252% 1/12
Cash On Hand $26.9 Billion 1/12
Short Term Debt $14.1 Billion 1/12
Long Term Debt $99.1 Billion 1/12

Shinhan Financial Group Co., Ltd. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Shinhan Financial Group Co., Ltd.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 5.65 12/12
PS 503.30 1/12
PB 0.48 10/12
PC 0.74 6/12
Liabilities to Equity 13.32 1/12
ROA 0.00 8/12
ROE 0.00 11/12
Current Ratio 1.08 11/12
Quick Ratio -0.05 11/12
Long Term Debt to Equity 2.55 1/12
Debt to Equity 2.92 1/12
Burn Rate 3.59 3/12
Cash to Cap 1.36 1/12
CCR 2.25 2/12
EV to EBITDA -1.00 9/12
EV to Revenue -1.00 11/12

Company Details

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 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. As of December 31, 2021, it operated a network of 784 service centers; 5,234 ATMs; 7 cash dispensers; and 85 digital kiosks. Shinhan Financial Group Co., Ltd. was founded in 1982 and is headquartered in Seoul, South Korea.

CEO: Mr. Yong Byung Cho

Website: https://www.shinhangroup.com

Address: 20, Sejong-daero 9-gil Seoul,

Exchange: New York Stock Exchange

Industry: Banks—Regional

Shinhan Financial Group Co., Ltd. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Shinhan Financial Group Co., Ltd.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
First Financial Northwest, Inc. FFNW $205.8 Million
Oconee Federal Financial Corp. OFED $73.5 Million
Community West Bancshares CWBC $414.5 Million
Home Federal Bancorp, Inc. of Louisiana HFBL $38.5 Million
HMN Financial, Inc. HMNF $125.0 Million
HV Bancorp, Inc. HVBC $77.4 Million
Lake Shore Bancorp, Inc. LSBK $75.9 Million
Magyar Bancorp, Inc. MGYR $95.7 Million
Ponce Financial Group, Inc. PDLB $312.9 Million
FinWise Bancorp FINW $234.1 Million
Cullman Bancorp, Inc. CULL $66.5 Million
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
SHG Income Statements
Quarter Year Revenue Earnings
Q3 2024 ₩ 11.6 Trillion ₩1.2 Trillion
Q2 2024 ₩ 18.0 Trillion ₩1.5 Trillion
Q1 2024 ₩ 20.1 Trillion ₩1.3 Trillion
Q4 2023 ₩ 12.1 Trillion ₩576.1 Billion
Q3 2023 ₩ 16.6 Trillion ₩1.2 Trillion
Q2 2023 ₩ 4.7 Trillion ₩1.2 Trillion
Q1 2023 ₩ 4.8 Trillion ₩1.4 Trillion
Q4 2022 ₩ 4.9 Trillion ₩326.9 Billion

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SHG Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q2 2024 ₩35.0 Trillion ₩727.7 Trillion ₩147.6 Trillion ₩53.4 Trillion
Q1 2024 ₩34.8 Trillion ₩709.8 Trillion ₩144.2 Trillion ₩52.4 Trillion
Q4 2023 ₩0 ₩0 ₩0 ₩0
Q3 2023 ₩30.7 Trillion ₩690.0 Trillion ₩0 ₩56.4 Trillion
Q2 2023 ₩37.6 Trillion ₩677.0 Trillion ₩114.7 Trillion ₩53.2 Trillion
Q1 2023 $35.6 Trillion $676.2 Trillion $116.9 Trillion $52.7 Trillion
Q4 2022 ₩30.5 Trillion ₩675.9 Trillion ₩119.1 Trillion ₩48.4 Trillion
Q3 2022 ₩38.0 Trillion ₩696.2 Trillion ₩127.1 Trillion ₩48.5 Trillion

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SHG Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q2 2024 ₩3.3 Trillion -₩226.0 Billion -₩152.6 Billion
Q1 2024 -₩3.0 Trillion -₩181.6 Billion ₩330.7 Billion
Q4 2023 ₩0 ₩0 ₩0
Q3 2023 -₩5.5 Trillion -₩65.6 Billion -₩1.4 Trillion
Q2 2023 ₩7.5 Trillion -₩138.7 Billion ₩2.7 Trillion
Q1 2023 ₩3.6 Trillion -₩157.5 Billion ₩5.0 Trillion
Q4 2022 ₩9.3 Trillion -₩295.3 Billion ₩11.1 Trillion
Q3 2022 -₩3.1 Trillion -₩195.7 Billion ₩581.9 Billion

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