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

Shinhan Financial Group Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	39,552,657	30,395,745	24,394,743	18,720,293	8,952,975	8,567,100
Investment Securities	130,023,726	130,012,771	123,701,012	2,913,745	110,744,659	109,765,698
Trading Asset Securities	79,580,345	73,952,063	66,161,124	179,170,050	62,566,657	53,880,127
Total Investments	209,604,071	203,964,834	189,862,136	182,083,795	173,311,316	163,645,825
Gross Loans	447,626,007	416,093,095	411,571,664	394,017,569	359,304,433	325,957,638
Allowance for Loan Losses	-4,465,583	-4,330,470	-3,650,813	-3,167,068	-3,060,966	-2,684,835
Other Adjustments to Gross Loans	-27,985	-23,063	-21,879	-30,001	-21,948	-27,824
Net Loans	443,132,439	411,739,562	407,898,972	390,820,500	356,221,519	323,244,979
Property, Plant & Equipment	4,000,943	3,972,304	4,011,097	5,441,498	3,989,697	4,083,328
Goodwill	-	4,677,204	4,683,902	4,670,134	4,689,792	4,690,049
Other Intangible Assets	6,142,822	1,076,104	669,650	745,500	607,235	724,565
Investments in Real Estate	433,135	257,806	363,108	675,391	615,235	488,610
Accrued Interest Receivable	-	3,908,205	3,289,481	2,655,894	2,535,847	2,612,823
Other Receivables	73,703	17,109,928	11,541,626	12,754,436	12,626,886	10,341,346
Restricted Cash	3,460,010	2,911,232	3,699,918	9,851,064	21,969,411	16,506,925
Other Current Assets	2,172,415	3,696,760	3,900,748	1,053,795	3,700,227	2,890,395
Long-Term Deferred Tax Assets	191,860	153,719	915,369	134,854	215,345	218,254
Other Long-Term Assets	36,632,445	7,467,292	8,748,196	18,315,883	14,635,085	13,353,414
Total Assets	745,396,500	691,795,333	664,433,230	648,152,185	605,234,104	552,419,581
Accounts Payable	-	18,917,257	12,343,884	-	14,568,962	11,894,764
Accrued Expenses	-	5,877,135	4,418,363	3,273,939	3,054,247	3,502,538
Interest Bearing Deposits	259,304,218	230,754,966	225,964,024	193,370,409	178,231,236	179,059,309
Non-Interest Bearing Deposits	157,152,115	151,177,041	157,446,276	172,107,724	148,725,197	116,282,707
Total Deposits	416,456,333	381,932,007	383,410,300	365,478,133	326,956,433	295,342,016
Short-Term Borrowings	31,293,821	32,099,988	26,864,550	15,839,322	26,378,381	21,619,302
Current Portion of Leases	-	228,112	212,876	-	216,168	203,700
Current Income Taxes Payable	337,499	92,253	702,143	702,660	389,586	512,757
Other Current Liabilities	1,416,700	2,335,257	1,510,497	8,843,912	1,622,356	3,612,836
Long-Term Debt	126,770,870	119,198,232	115,779,391	180,423,964	103,822,368	105,669,971
Long-Term Leases	-	385,802	410,463	-	377,993	900,559
Long-Term Unearned Revenue	-	492,886	448,094	397,010	318,937	295,948
Pension & Post-Retirement Benefits	90,532	67,620	14,664	51,204	62,514	121,140
Long-Term Deferred Tax Liabilities	520,869	542,595	810,569	175,947	579,656	451,603
Other Long-Term Liabilities	109,742,837	73,304,324	64,083,878	23,427,672	80,529,645	66,362,066
Total Liabilities	686,629,461	635,473,468	611,009,672	598,613,763	558,877,246	510,489,200
Common Stock	2,969,641	2,969,641	2,969,641	2,969,641	2,969,641	2,732,463
Additional Paid-In Capital	12,094,968	12,094,968	12,095,043	12,095,043	12,234,939	10,565,353
Retained Earnings	39,233,107	36,387,314	33,963,799	30,541,300	27,777,169	25,525,821
Treasury Stock	-	-	-	-641,918	-	-
Comprehensive Income & Other	1,703,769	2,268,614	1,703,359	2,327,084	1,087,818	354,309
Total Common Equity	56,001,485	53,720,537	50,731,842	47,291,150	44,069,567	39,177,946
Minority Interest	2,765,554	2,601,328	2,691,716	2,247,272	2,287,291	2,752,435
Shareholders' Equity	58,767,039	56,321,865	53,423,558	49,538,422	46,356,858	41,930,381
Total Liabilities & Equity	745,396,500	691,795,333	664,433,230	648,152,185	605,234,104	552,419,581
Total Debt	158,064,691	151,912,134	143,267,280	196,263,286	130,794,910	128,393,532
Net Cash (Debt)	-37,533,679	-46,242,052	-50,755,234	1,627,057	-56,787,122	-62,596,586
Net Cash Per Share	-73661.42	-89062.71	-95649.34	3046.64	-113496.31	-131134.42
Filing Date Shares Outstanding	503.45	512.75	527.47	516.59	533.37	477.8
Total Common Shares Outstanding	503.45	512.75	527.47	534.08	533.37	477.8
Book Value Per Share	102099.20	96964.41	88222.60	88547.74	78537.02	78373.27
Tangible Book Value	49,858,663	47,967,229	45,378,290	41,875,516	38,772,540	33,763,332
Tangible Book Value Per Share	89897.63	85743.99	78073.13	78407.53	68605.86	67040.87

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