This page shows Shinhan Finan (SHG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2010 annual data. Scores normalized against common benchmarks. How we calculate these scores
Shinhan Finan's revenue grew 6.4% year-over-year to $11.5B, a solid pace of expansion. This earns a growth score of 47/100.
Shinhan Finan has a moderate D/E ratio of 2.04. This balance of debt and equity financing earns a leverage score of 36/100.
Shinhan Finan converts 46.9% of revenue into free cash flow ($5.4B). This strong cash generation earns a score of 100/100.
Shinhan Finan's ROE of 12.5% shows moderate profitability relative to equity, earning a score of 50/100. This is up from 5.6% the prior year.
Shinhan Finan passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Shinhan Finan generates $2.25 in operating cash flow ($5.7B OCF vs $2.5B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Shinhan Finan generated $11.5B in revenue in fiscal year 2010. This represents an increase of 6.4% from the prior year.
Shinhan Finan generated $5.4B in free cash flow in fiscal year 2010, representing cash available after capex. This represents an increase of 372.2% from the prior year.
Shinhan Finan reported $2.5B in net income in fiscal year 2010. This represents an increase of 158.2% from the prior year.
Shinhan Finan earned $4.73 per diluted share (EPS) in fiscal year 2010. This represents an increase of 183.2% from the prior year.
Shinhan Finan held $5.0B in cash against $41.1B in long-term debt as of fiscal year 2010.
Shinhan Finan had 474M shares outstanding in fiscal year 2010. This represents an increase of 0.0% from the prior year.
Shinhan Finan's net profit margin was 21.8% in fiscal year 2010, showing the share of revenue converted to profit. This is up 12.8 percentage points from the prior year.
Shinhan Finan's ROE was 12.5% in fiscal year 2010, measuring profit generated per dollar of shareholder equity. This is up 6.9 percentage points from the prior year.
Shinhan Finan invested $250.4M in capex in fiscal year 2010, funding long-term assets and infrastructure. This represents a decrease of 23.8% from the prior year.
SHG Income Statement
| Metric | Q4'10 | Q4'09 |
|---|---|---|
| Revenue | N/A | N/A |
| Cost of Revenue | N/A | N/A |
| Gross Profit | N/A | N/A |
| R&D Expenses | N/A | N/A |
| SG&A Expenses | N/A | N/A |
| Operating Income | N/A | N/A |
| Interest Expense | N/A | N/A |
| Income Tax | N/A | N/A |
| Net Income | N/A | N/A |
| EPS (Diluted) | N/A | N/A |
SHG Balance Sheet
| Metric | Q4'10 | Q4'09 |
|---|---|---|
| Total Assets | $238.8B+9.0% | $219.1B |
| Current Assets | N/A | N/A |
| Cash & Equivalents | $5.0B+30.4% | $3.9B |
| Inventory | N/A | N/A |
| Accounts Receivable | N/A | N/A |
| Goodwill | $3.4B+2.9% | $3.3B |
| Total Liabilities | $218.3B+8.4% | $201.4B |
| Current Liabilities | N/A | N/A |
| Long-Term Debt | $41.1B+6.8% | $38.5B |
| Total Equity | $20.2B+16.0% | $17.4B |
| Retained Earnings | $9.8B+31.7% | $7.4B |
SHG Cash Flow Statement
| Metric | Q4'10 | Q4'09 |
|---|---|---|
| Operating Cash Flow | N/A | N/A |
| Capital Expenditures | N/A | N/A |
| Free Cash Flow | N/A | N/A |
| Investing Cash Flow | N/A | N/A |
| Financing Cash Flow | N/A | N/A |
| Dividends Paid | N/A | N/A |
| Share Buybacks | N/A | N/A |
SHG Financial Ratios
| Metric | Q4'10 | Q4'09 |
|---|---|---|
| Gross Margin | N/A | N/A |
| Operating Margin | N/A | N/A |
| Net Margin | N/A | N/A |
| Return on Equity | N/A | N/A |
| Return on Assets | N/A | N/A |
| Current Ratio | N/A | N/A |
| Debt-to-Equity | 2.04-0.2 | 2.22 |
| FCF Margin | N/A | N/A |
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Frequently Asked Questions
What is Shinhan Finan's annual revenue?
Shinhan Finan (SHG) reported $11.5B in total revenue for fiscal year 2010. This represents a 6.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Shinhan Finan's revenue growing?
Shinhan Finan (SHG) revenue grew by 6.4% year-over-year, from $10.8B to $11.5B in fiscal year 2010.
Is Shinhan Finan profitable?
Yes, Shinhan Finan (SHG) reported a net income of $2.5B in fiscal year 2010, with a net profit margin of 21.8%.
What is Shinhan Finan's earnings per share (EPS)?
Shinhan Finan (SHG) reported diluted earnings per share of $4.73 for fiscal year 2010. This represents a 183.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
How much debt does Shinhan Finan have?
As of fiscal year 2010, Shinhan Finan (SHG) had $5.0B in cash and equivalents against $41.1B in long-term debt.
What is Shinhan Finan's net profit margin?
Shinhan Finan (SHG) had a net profit margin of 21.8% in fiscal year 2010, representing the share of revenue converted into profit after all expenses.
What is Shinhan Finan's return on equity (ROE)?
Shinhan Finan (SHG) has a return on equity of 12.5% for fiscal year 2010, measuring how efficiently the company generates profit from shareholder equity.
What is Shinhan Finan's free cash flow?
Shinhan Finan (SHG) generated $5.4B in free cash flow during fiscal year 2010. This represents a 372.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Shinhan Finan's operating cash flow?
Shinhan Finan (SHG) generated $5.7B in operating cash flow during fiscal year 2010, representing cash generated from core business activities.
What are Shinhan Finan's total assets?
Shinhan Finan (SHG) had $238.8B in total assets as of fiscal year 2010, including both current and long-term assets.
What are Shinhan Finan's capital expenditures?
Shinhan Finan (SHG) invested $250.4M in capital expenditures during fiscal year 2010, funding long-term assets and infrastructure.
How many shares does Shinhan Finan have outstanding?
Shinhan Finan (SHG) had 474M shares outstanding as of fiscal year 2010.
What is Shinhan Finan's debt-to-equity ratio?
Shinhan Finan (SHG) had a debt-to-equity ratio of 2.04 as of fiscal year 2010, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Shinhan Finan's return on assets (ROA)?
Shinhan Finan (SHG) had a return on assets of 1.1% for fiscal year 2010, measuring how efficiently the company uses its assets to generate profit.
What is Shinhan Finan's Piotroski F-Score?
Shinhan Finan (SHG) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Shinhan Finan's earnings high quality?
Shinhan Finan (SHG) has an earnings quality ratio of 2.25x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Shinhan Finan?
Shinhan Finan (SHG) scores 58 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.