Shinhan Financial Group Co., Ltd. (KRX:055550)

Shinhan Financial Group Balance Sheet

Financials in millions KRW. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	35,226,201	30,395,745	24,394,743	18,720,293	8,952,975
Investment Securities	131,530,280	130,012,771	123,701,012	2,913,745	110,744,659
Trading Asset Securities	80,531,131	73,952,063	66,161,124	179,170,050	62,566,657
Total Investments	212,061,411	203,964,834	189,862,136	182,083,795	173,311,316
Gross Loans	453,891,092	416,093,095	411,571,664	394,017,569	359,304,433
Allowance for Loan Losses	-4,565,931	-4,330,470	-3,650,813	-3,167,068	-3,060,966
Other Adjustments to Gross Loans	-29,923	-23,063	-21,879	-30,001	-21,948
Net Loans	449,295,238	411,739,562	407,898,972	390,820,500	356,221,519
Property, Plant & Equipment	4,157,592	3,972,304	4,011,097	5,441,498	3,989,697
Goodwill	4,665,417	4,677,204	4,683,902	4,670,134	4,689,792
Other Intangible Assets	777,144	1,076,104	669,650	745,500	607,235
Investments in Real Estate	327,696	257,806	363,108	675,391	615,235
Accrued Interest Receivable	3,810,267	3,908,205	3,289,481	2,655,894	2,535,847
Other Receivables	13,701,448	17,109,928	11,541,626	12,754,436	12,626,886
Restricted Cash	3,643,579	2,911,232	3,699,918	9,851,064	21,969,411
Other Current Assets	3,737,859	3,696,760	3,900,748	1,053,795	3,700,227
Long-Term Deferred Tax Assets	205,506	153,719	915,369	134,854	215,345
Other Long-Term Assets	7,477,326	7,467,292	8,748,196	18,315,883	14,635,085
Total Assets	739,764,256	691,795,333	664,433,230	648,152,185	605,234,104
Accounts Payable	15,140,873	18,917,257	12,343,884	-	14,568,962
Accrued Expenses	7,023,165	5,877,135	4,418,363	3,273,939	3,054,247
Interest Bearing Deposits	263,346,344	230,754,966	225,964,024	193,370,409	178,231,236
Non-Interest Bearing Deposits	160,031,759	151,177,041	157,446,276	172,107,724	148,725,197
Total Deposits	423,378,103	381,932,007	383,410,300	365,478,133	326,956,433
Short-Term Borrowings	30,767,359	32,099,988	26,864,550	15,839,322	26,378,381
Current Portion of Leases	291,149	228,112	212,876	-	216,168
Current Income Taxes Payable	203,131	92,253	702,143	702,660	389,586
Other Current Liabilities	1,385,951	2,335,257	1,510,497	8,843,912	1,622,356
Long-Term Debt	131,197,875	119,198,232	115,779,391	180,423,964	103,822,368
Long-Term Leases	599,540	385,802	410,463	-	377,993
Long-Term Unearned Revenue	453,706	492,886	448,094	397,010	318,937
Pension & Post-Retirement Benefits	38,974	67,620	14,664	51,204	62,514
Long-Term Deferred Tax Liabilities	423,821	542,595	810,569	175,947	579,656
Other Long-Term Liabilities	70,039,576	73,304,324	64,083,878	23,427,672	80,529,645
Total Liabilities	680,943,223	635,473,468	611,009,672	598,613,763	558,877,246
Common Stock	2,969,641	2,969,641	2,969,641	2,969,641	2,969,641
Additional Paid-In Capital	12,094,968	12,094,968	12,095,043	12,095,043	12,234,939
Retained Earnings	39,020,580	36,387,314	33,963,799	30,541,300	27,777,169
Treasury Stock	-	-	-	-641,918	-
Comprehensive Income & Other	1,968,567	2,268,614	1,703,359	2,327,084	1,087,818
Total Common Equity	56,053,756	53,720,537	50,731,842	47,291,150	44,069,567
Minority Interest	2,767,277	2,601,328	2,691,716	2,247,272	2,287,291
Shareholders' Equity	58,821,033	56,321,865	53,423,558	49,538,422	46,356,858
Total Liabilities & Equity	739,764,256	691,795,333	664,433,230	648,152,185	605,234,104
Total Debt	162,855,923	151,912,134	143,267,280	196,263,286	130,794,910
Net Cash (Debt)	-45,442,659	-46,242,052	-50,755,234	1,627,057	-56,787,122
Net Cash Per Share	-89766.54	-89062.71	-95649.34	3046.64	-113496.31
Filing Date Shares Outstanding	498.86	512.75	527.47	516.59	533.37
Total Common Shares Outstanding	498.86	512.75	527.47	534.08	533.37
Book Value Per Share	103142.48	96964.41	88222.60	88547.74	78537.02
Tangible Book Value	50,611,195	47,967,229	45,378,290	41,875,516	38,772,540
Tangible Book Value Per Share	92232.48	85743.99	78073.13	78407.53	68605.86

Source: S&P Capital IQ. Banks template. Financial Sources.