Shinhan Financial Group Stock Today

SHG Stock  USD 36.11  0.55  1.55%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
Shinhan Financial is trading at 36.11 as of the 21st of May 2024. This is a 1.55 percent up since the beginning of the trading day. The stock's lowest day price was 36.11. Shinhan Financial has a very small chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Shinhan Financial Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of November 2023 and ending today, the 21st of May 2024. Click here to learn more.
Business Domain
Banks
IPO Date
16th of September 2003
Category
Financial Services
Classification
Financials
Shinhan Financial Group Co., Ltd. provides financial products and services in South Korea and internationally. Shinhan Financial Group Co., Ltd. was founded in 1982 and is headquartered in Seoul, South Korea. Shinhan Financial operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. The company has 509.39 M outstanding shares of which 699.27 K shares are at this time shorted by investors with about 4.09 days to cover. More on Shinhan Financial Group

Moving together with Shinhan Stock

  0.85KB KB Financial GroupPairCorr
  0.65NU Nu Holdings Aggressive PushPairCorr

Shinhan Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Shinhan Financial's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Shinhan Financial or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Shinhan Financial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Shinhan Financial's managers, analysts, and investors.
Environmental
Governance
Social
CEO DirectorOkDong Jin
Old NameSkylight Health Group Inc
Business ConcentrationDiversified Banks, Banks - Regional, Financial Services, NYSE Composite, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Analysts covering Shinhan Financial report their recommendations after researching Shinhan Financial's financial statements, talking to executives and customers, or listening in on Shinhan Financial's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Shinhan Financial. The Shinhan consensus assessment is calculated by taking the average forecast from all of the analysts covering Shinhan Financial.
Financial Strength
Based on the analysis of Shinhan Financial's profitability, liquidity, and operating efficiency, Shinhan Financial Group is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in June. Financial strength of Shinhan Financial is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.0080.0063
Significantly Up
Slightly volatile
Asset Turnover0.03120.0526
Way Down
Slightly volatile
Gross Profit Margin0.851.52
Way Down
Very volatile
Net Debt59.5 T107.7 T
Way Down
Slightly volatile
Total Current Liabilities270.6 T257.7 T
Sufficiently Up
Slightly volatile
Non Current Liabilities Total400.8 T381.7 T
Sufficiently Up
Slightly volatile
Total Assets372.6 T691.8 T
Way Down
Slightly volatile
Total Current Assets43.5 T66.3 T
Way Down
Slightly volatile
Shinhan Financial's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Shinhan Financial's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Shinhan Financial's financial leverage. It provides some insight into what part of Shinhan Financial's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Shinhan Financial's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Shinhan Financial deploys its capital and how much of that capital is borrowed.
Liquidity
Shinhan Financial cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 143.33 T in debt. Debt can assist Shinhan Financial until it has trouble settling it off, either with new capital or with free cash flow. So, Shinhan Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Shinhan Financial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Shinhan to invest in growth at high rates of return. When we think about Shinhan Financial's use of debt, we should always consider it together with cash and equity.

End Period Cash Flow

31.94 Trillion
Shinhan Financial Group (SHG) is traded on New York Stock Exchange in USA. It is located in 20, Sejong-daero 9-gil, Seoul, South Korea, 04513 and employs 56 people. Shinhan Financial is listed under Diversified Banks category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 18.11 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Shinhan Financial's market, we take the total number of its shares issued and multiply it by Shinhan Financial's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Shinhan Financial runs under Banks sector within Financials industry. The entity has 509.39 M outstanding shares of which 699.27 K shares are at this time shorted by investors with about 4.09 days to cover. Shinhan Financial Group has about 79.61 T in cash with 14.05 T of positive cash flow from operations.
Check Shinhan Financial Probability Of Bankruptcy
Ownership Allocation
Shinhan Financial shows a total of 509.39 Million outstanding shares. About 97.0 % of Shinhan Financial outstanding shares are held by general public with 3.22 % by institutional holders. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Shinhan Ownership Details

Shinhan Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Shinhan Financial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Shinhan Financial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Shinhan Financial's value.
InstituionRecorded OnShares
Northern Trust Corp2023-12-31
316.7 K
Acadian Asset Management Llc2024-03-31
274.8 K
Goldman Sachs Group Inc2023-12-31
242.1 K
Sanders Capital, Llc2024-03-31
196.7 K
Rhumbline Advisers2023-12-31
156.1 K
O'shaughnessy Asset Management Llc2023-12-31
155.4 K
Ramirez Asset Management Inc2023-12-31
149.9 K
Wells Fargo & Co2023-12-31
148.1 K
Envestnet Asset Management Inc2023-12-31
135.9 K
Blackrock Inc2023-12-31
1.8 M
Dimensional Fund Advisors, Inc.2024-03-31
1.6 M
View Shinhan Financial Diagnostics

Shinhan Financial Historical Income Statement

Shinhan Financial Group Income Statement is one of the three primary financial statements used for reporting Shinhan's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Shinhan Financial revenue and expense. Shinhan Financial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Shinhan Financial's Total Revenue is most likely to increase significantly in the upcoming years. The Shinhan Financial's current Gross Profit is estimated to increase to about 64.4 T, while EBIT is forecasted to increase to (165.8 B). View More Fundamentals

Shinhan Stock Against Markets

Picking the right benchmark for Shinhan Financial stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Shinhan Financial stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Shinhan Financial is critical whether you are bullish or bearish towards Shinhan Financial Group at a given time. Please also check how Shinhan Financial's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Shinhan Financial without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Shinhan Financial Corporate Directors

Shinhan Financial corporate directors refer to members of a Shinhan Financial board of directors. The board of directors generally takes responsibility for the Shinhan Financial's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Shinhan Financial's board members must vote for the resolution. The Shinhan Financial board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Cheol ParkNon-Executive Independent DirectorProfile
Ok JinNon-Executive DirectorProfile
Tae KimHead DirectorProfile
Jae SungNon-Executive Independent DirectorProfile

How to buy Shinhan Stock?

Before investing in Shinhan Financial, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Shinhan Financial. To buy Shinhan Financial stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Shinhan Financial. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Shinhan Financial stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Shinhan Financial Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Shinhan Financial Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Shinhan Financial Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Shinhan Stock please use our How to Invest in Shinhan Financial guide.

Already Invested in Shinhan Financial Group?

The danger of trading Shinhan Financial Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Shinhan Financial is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Shinhan Financial. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Shinhan Financial is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the Shinhan Financial information on this page should be used as a complementary analysis to other Shinhan Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

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When running Shinhan Financial's price analysis, check to measure Shinhan Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shinhan Financial is operating at the current time. Most of Shinhan Financial's value examination focuses on studying past and present price action to predict the probability of Shinhan Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shinhan Financial's price. Additionally, you may evaluate how the addition of Shinhan Financial to your portfolios can decrease your overall portfolio volatility.
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Is Shinhan Financial's industry 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
(0.01)
Dividend Share
2.6 K
Earnings Share
5.91
Revenue Per Share
28.1 K
Quarterly Revenue Growth
0.09
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.