Stocks · Financials · National Commercial Banks

SHINHAN FINANCIAL GROUP CO LTD

SHG Clue Score46
$75.52 +0.19% Close, 9 Oct 2026
Price $75.52 +131.23% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Operating income3,108.64Net income2,774.78Fiscal year 2017Operating income3,830.03Net income2,918.82 +5.2%Fiscal year 2018Operating income4,499.41Net income3,156.72 +8.2%Fiscal year 2019Operating income5,046.25Net income3,403.50 +7.8%Fiscal year 2020Operating income4,929.74Net income3,414.60 +0.3%Fiscal year 2021Operating income5,952.10Net income4,019.25 +17.7%EPS, diluted7,308.00Fiscal year 2022Revenue58,815.31Operating income5,905.56Net income4,665.64 +16.1%EPS, diluted8,498.00 +16.3%Fiscal year 2023Revenue61,332.63 +4.3%Operating income6,100.85Net income4,368.04 −6.4%EPS, diluted8,048.00 −5.3%Fiscal year 2024Revenue74,064.28 +20.8%Operating income6,458.67Net income4,450.18 +1.9%EPS, diluted8,441.00 +4.9%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Revenue n/a n/a n/a n/a n/a n/a 58,815.31 61,332.63 74,064.28
Growth +4.3% +20.8%
Operating income 3,108.64 3,830.03 4,499.41 5,046.25 4,929.74 5,952.10 5,905.56 6,100.85 6,458.67
Net income 2,774.78 2,918.82 3,156.72 3,403.50 3,414.60 4,019.25 4,665.64 4,368.04 4,450.18
Growth +5.2% +8.2% +7.8% +0.3% +17.7% +16.1% −6.4% +1.9%
EPS, diluted n/a n/a n/a n/a n/a 7,308.00 8,498.00 8,048.00 8,441.00
Growth +16.3% −5.3% +4.9%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Fiscal year 2017Fiscal year 2018Fiscal year 2019Fiscal year 2020Fiscal year 2021Fiscal year 2022Operating margin10.0%Net margin7.9%Free cash flow margin11.7%Fiscal year 2023Operating margin9.9%Net margin7.1%Free cash flow margin0.4%Fiscal year 2024Operating margin8.7%Net margin6.0%Free cash flow margin5.9%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Operating margin n/a n/a n/a n/a n/a n/a 10.0% 9.9% 8.7%
Net margin n/a n/a n/a n/a n/a n/a 7.9% 7.1% 6.0%
Free cash flow margin n/a n/a n/a n/a n/a n/a 11.7% 0.4% 5.9%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow3,797.18Capital expenditure−252.08Free cash flow3,545.09Dividends paid−669.10Fiscal year 2017Operating cash flow1,021.33Capital expenditure−155.19Free cash flow866.15 −75.6%Buybacks0.00Dividends paid−706.57Fiscal year 2018Operating cash flow−6,320.20Capital expenditure−142.93Free cash flow−6,463.13 −846.2%Buybacks−151.99Dividends paid−714.71Fiscal year 2019Operating cash flow7,179.05Capital expenditure−270.39Free cash flow6,908.66Buybacks−444.08Dividends paid−830.77Fiscal year 2020Operating cash flow−1,036.09Capital expenditure−279.65Free cash flow−1,315.74 −119.0%Buybacks−150.18Dividends paid−968.85Fiscal year 2021Operating cash flow4,199.95Capital expenditure−334.87Free cash flow3,865.08Buybacks−0.08Dividends paid−1,218.76Fiscal year 2022Operating cash flow7,188.44Capital expenditure−326.55Free cash flow6,861.89 +77.5%Buybacks−300.00Dividends paid−1,540.87Fiscal year 2023Operating cash flow529.85Capital expenditure−261.44Free cash flow268.40 −96.1%Buybacks−485.95Dividends paid−1,461.37Fiscal year 2024Operating cash flow4,626.30Capital expenditure−263.84Free cash flow4,362.46 +1,525.3%Buybacks−700.00Dividends paid−1,267.15
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Operating cash flow 3,797.18 1,021.33 −6,320.20 7,179.05 −1,036.09 4,199.95 7,188.44 529.85 4,626.30
Capital expenditure −252.08 −155.19 −142.93 −270.39 −279.65 −334.87 −326.55 −261.44 −263.84
Free cash flow 3,545.09 866.15 −6,463.13 6,908.66 −1,315.74 3,865.08 6,861.89 268.40 4,362.46
Growth −75.6% −846.2% −119.0% +77.5% −96.1% +1,525.3%
Buybacks n/a 0.00 −151.99 −444.08 −150.18 −0.08 −300.00 −485.95 −700.00
Dividends paid −669.10 −706.57 −714.71 −830.77 −968.85 −1,218.76 −1,540.87 −1,461.37 −1,267.15

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2016Cash1,814.50Shareholders’ equity31,744.98Fiscal year 2017Cash1,792.53Shareholders’ equity33,703.62Fiscal year 2018Cash2,617.23Shareholders’ equity36,651.43Fiscal year 2019Cash2,582.89Shareholders’ equity41,930.38Fiscal year 2020Cash26,859.40Shareholders’ equity46,356.86Fiscal year 2021Cash24,585.67Shareholders’ equity47,291.15Fiscal year 2022Cash24,413.95Shareholders’ equity50,731.84Fiscal year 2023Cash30,416.88Shareholders’ equity53,720.54Fiscal year 2024Cash35,247.54Shareholders’ equity56,053.76
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Cash 1,814.50 1,792.53 2,617.23 2,582.89 26,859.40 24,585.67 24,413.95 30,416.88 35,247.54
Shareholders’ equity 31,744.98 33,703.62 36,651.43 41,930.38 46,356.86 47,291.15 50,731.84 53,720.54 56,053.76

In billions of KRW, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2024 · 10-K

Income statement

In billions of KRW, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024
Revenue and profit
n/a n/a n/a n/a n/a n/a 58,815.31 61,332.63 74,064.28
Growth +4.3% +20.8%
14.07 14.09 13.93 17.74 20.27 25.32 20.70 21.49 23.92
3,108.64 3,830.03 4,499.41 5,046.25 4,929.74 5,952.10 5,905.56 6,100.85 6,458.67
Growth +23.2% +17.5% +12.2% −2.3% +20.7% −0.8% +3.3% +5.9%
3,170.47 3,797.61 4,466.61 4,911.51 4,753.87 5,583.66 6,366.63 5,964.96 6,029.09
345.55 848.40 1,268.35 1,269.12 1,255.80 1,471.04 1,611.11 1,486.96 1,470.92
2,774.78 2,918.82 3,156.72 3,403.50 3,414.60 4,019.25 4,665.64 4,368.04 4,450.18
Growth +5.2% +8.2% +7.8% +0.3% +17.7% +16.1% −6.4% +1.9%
Per share
n/a n/a n/a n/a n/a 7,308.00 8,498.00 8,048.00 8,441.00
n/a n/a n/a n/a n/a 7,308.00 8,498.00 8,048.00 8,441.00
Growth +16.3% −5.3% +4.9%
474.2 474.2 473.6 477.3 500.3 534.0 530.6 519.2 506.2

Shown in KRW as filed; the screener converts to dollars.

Five years in brief

Worked out from the figures above, not from a press release
  • Profitable in every one of the 9 years on file.