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Shinhan Financial Group Co (SHG)

(Delayed Data from NYSE)

$34.16 USD

34.16
139,217

+2.31 (7.25%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $34.17 +0.01 (0.03%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value D Growth F Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 42% (147 out of 252)

Industry: Banks - Foreign

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Balance Sheet

Research for SHG

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Shinhan Financial Group Co Ltd falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 27,703 20,673 25,608 26,728 22,739
Receivables 329,392 288,604 350,223 284,977 258,596
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 0 0 0 0 0
Total Current Assets 357,095 309,277 375,832 311,706 281,335
Net Property & Equipment 3,178 2,808 3,642 3,192 3,267
Investments & Advances 160,132 127,081 162,685 134,371 128,054
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 123 737 121 172 175
Intangibles 4,974 4,065 5,080 4,385 4,447
Deposits & Other Assets 27,934 29,151 35,977 30,363 24,658
Total Assets 553,436 473,119 583,337 484,187 441,936
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 45,521 34,495 38,850 33,275 27,891
Accounts Payable 305,210 268,108 328,407 261,134 235,899
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 350,731 302,603 367,257 294,409 263,790
Mortgages 0 0 0 0 0
Deferred Taxes/Income 434 119 158 464 361
Convertible Debt 0 0 0 0 0
Long-Term Debt 65,249 54,102 72,134 60,108 60,291
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 91,964 80,504 99,202 92,122 83,949
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 508,379 437,328 538,752 447,102 408,391
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 2,376 2,079 2,673 2,376 2,186
Capital Surplus 9,676 8,467 10,886 9,788 8,452
Retained Earnings 29,110 23,340 27,487 22,222 20,421
Other Equity 3,896 1,906 3,539 2,700 2,485
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 45,057 35,791 44,585 37,085 33,544
Total Liabilities & Shareholder's Equity 553,436 473,119 583,337 484,187 441,936
Total Common Equity 45,057 35,791 44,585 37,085 33,544
Shares Outstanding 512.70 508.70 516.60 516.50 470.60
Book Value Per Share 87.88 70.36 86.30 71.80 71.28

Fiscal Year End for Shinhan Financial Group Co Ltd falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 27,703 28,711 30,096 28,516
Receivables NA 329,392 329,084 324,251 324,182
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 0 0 0 0
Total Current Assets NA 357,095 357,795 354,347 352,698
Net Property & Equipment NA 3,178 3,162 3,116 3,232
Investments & Advances NA 160,132 153,314 150,043 150,515
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 123 115 96 93
Intangibles NA 4,974 4,989 4,993 5,023
Deposits & Other Assets NA 27,934 32,635 28,979 29,380
Total Assets NA 553,436 552,011 541,574 540,941
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 45,521 44,645 40,153 43,297
Accounts Payable NA 305,210 307,996 308,419 302,568
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 0 0 0 0
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities NA 350,731 352,641 348,572 345,865
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 434 533 443 429
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 65,249 61,745 59,586 58,776
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 91,958 88,149 91,234
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 508,379 506,877 496,750 496,304
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 2,376 2,376 2,376 2,376
Capital Surplus NA 9,676 9,676 9,676 9,676
Retained Earnings NA 29,110 29,002 28,387 27,772
Other Equity NA 3,896 4,080 4,385 4,813
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 45,057 45,133 44,824 44,636
Total Liabilities & Shareholder's Equity NA 553,436 552,011 541,574 540,941
Total Common Equity 0 45,057 45,133 44,824 44,636
Shares Outstanding 509.30 512.70 515.50 518.30 505.10
Book Value Per Share 0.00 87.88 87.55 86.48 88.37