Shinhan Historical Income Statement
| SHG Stock | USD 38.58 1.68 4.17% |
Historical analysis of Shinhan Financial income statement accounts such as Gross Profit of 64.4 T, Other Operating Expenses of 6.7 T, Operating Income of 8.3 T or Ebitda of 959.9 B can show how well Shinhan Financial Group performed in making a profits. Evaluating Shinhan Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Shinhan Financial's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Shinhan Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Shinhan Financial is a good buy for the upcoming year.
Shinhan |
About Shinhan Income Statement Analysis
Shinhan Financial Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Shinhan Financial shareholders. The income statement also shows Shinhan investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Shinhan Financial Income Statement Chart
Add Fundamental
Total Revenue
Total revenue comprises all receipts Shinhan Financial generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Shinhan Financial Group minus its cost of goods sold. It is profit before Shinhan Financial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most accounts from Shinhan Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Shinhan Financial current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shinhan Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. At this time, Shinhan Financial's Gross Profit is most likely to increase significantly in the upcoming years. The Shinhan Financial's current Other Operating Expenses is estimated to increase to about 6.7 T, while Total Revenue is projected to decrease to roughly 13.6 T.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 4.0T | 7.6T | 16.8T | 17.6T | Depreciation And Amortization | 902.7B | 999.7B | 1.2T | 1.2T |
Shinhan Financial income statement Correlations
Click cells to compare fundamentals
Shinhan Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shinhan Financial income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 677.2B | 768.5B | 902.7B | 999.7B | 1.2T | 1.2T | |
| Interest Expense | 6.0T | 4.9T | 4.0T | 7.6T | 16.8T | 17.6T | |
| Selling General Administrative | 13.2T | 13.1T | 11.9T | 13.7T | 7.1T | 6.9T | |
| Total Revenue | 20.4T | 20.6T | 21.9T | 22.6T | 14.2T | 13.6T | |
| Gross Profit | 20.4T | 20.6T | 21.9T | 22.6T | 61.3T | 64.4T | |
| Other Operating Expenses | 13.0T | 12.7T | 11.7T | 14.1T | 5.7T | 6.7T | |
| Operating Income | 4.7T | 4.7T | 5.5T | 13.9T | 8.5T | 8.3T | |
| Ebit | 4.7T | 4.7T | 5.5T | 3.6T | (174.5B) | (165.8B) | |
| Ebitda | 5.4T | 5.4T | 6.4T | 4.6T | 1.0T | 959.9B | |
| Total Operating Expenses | 13.0T | 12.7T | 11.7T | 14.1T | 5.7T | 6.5T | |
| Income Before Tax | 4.9T | 4.8T | 5.6T | 6.3T | 6.0T | 3.5T | |
| Net Income Applicable To Common Shares | 3.3T | 3.3T | 3.9T | 4.5T | 5.2T | 5.4T | |
| Net Income | 3.4T | 3.4T | 4.0T | 4.7T | 4.4T | 2.6T | |
| Income Tax Expense | 1.3T | 1.3T | 1.5T | 1.6T | 1.5T | 756.1B | |
| Total Other Income Expense Net | 239B | (1.6T) | (12.8T) | (1.4T) | (2.5T) | (2.6T) | |
| Minority Interest | 2.8T | 2.3T | (93.4B) | (90B) | (110.6B) | (105.1B) | |
| Selling And Marketing Expenses | 265.7B | 204.3B | 280.8B | 340.0B | 285.5B | 277.4B | |
| Net Income From Continuing Ops | 3.6T | 3.5T | 4.1T | 6.3T | 4.3T | 3.4T | |
| Tax Provision | 1.3T | 1.3T | 1.5T | 1.6T | 1.4T | 1.2T | |
| Net Interest Income | 9.7T | 9.9T | 10.8T | 12.5T | 12.7T | 10.5T | |
| Interest Income | 15.7T | 14.8T | 14.7T | 20.1T | 26.5T | 17.1T | |
| Reconciled Depreciation | 677.2B | 768.5B | 902.7B | 1.1T | 1.2T | 810.3B |
Currently Active Assets on Macroaxis
When determining whether Shinhan Financial is a strong investment it is important to analyze Shinhan Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Shinhan Financial's future performance. For an informed investment choice regarding Shinhan Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shinhan Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shinhan Financial. If investors know Shinhan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shinhan Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.108 | Dividend Share 3.2 K | Earnings Share 6.24 | Revenue Per Share 29 K | Quarterly Revenue Growth 2.224 |
The market value of Shinhan Financial is measured differently than its book value, which is the value of Shinhan that is recorded on the company's balance sheet. Investors also form their own opinion of Shinhan Financial's value that differs from its market value or its book value, called intrinsic value, which is Shinhan Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shinhan Financial's market value can be influenced by many factors that don't directly affect Shinhan Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shinhan Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shinhan Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shinhan Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.