Shinhan Financial Group Co., Ltd. (SHG)
NYSE: SHG · Real-Time Price · USD
83.54
+1.26 (1.53%)
At close: Sep 8, 2026, 4:00 PM EDT
83.99
+1.71 (2.08%)
After-hours: Sep 8, 2026, 7:53 PM EDT
Shinhan Financial Cash Flow Statement
Financials in millions KRW. Fiscal year is January - December.
Millions KRW. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 5,376,891 | 4,971,561 | 4,450,177 | 4,368,035 | 4,665,643 | 4,019,254 |
Depreciation & Amortization | 949,816 | 990,365 | 1,004,745 | 962,069 | 821,917 | 902,692 |
Other Amortization | 304,720 | 304,720 | 275,637 | 222,937 | 177,765 | - |
Gain (Loss) on Sale of Investments | -2,821,786 | -1,498,775 | -653,031 | -1,353,410 | 1,142,306 | -662,345 |
Provision for Credit Losses | 1,827,479 | 1,908,258 | 1,903,923 | 2,151,598 | 1,263,457 | 974,685 |
Change in Trading Asset Securities | -6,044,720 | -4,739,668 | 214,353 | -8,101,264 | 7,001,764 | -2,929,031 |
Change in Other Net Operating Assets | -32,758,497 | -19,094,357 | -44,397,633 | 659,607 | -27,878,863 | -37,313,595 |
Other Operating Activities | 4,858,237 | 3,016,735 | 2,930,783 | 3,125,365 | 1,806,976 | 2,418,066 |
Operating Cash Flow | -28,465,590 | -14,362,386 | -34,247,224 | 1,909,849 | -11,120,732 | -32,748,874 |
Operating Cash Flow Growth | - | - | - | - | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -269,417 | -258,659 | -263,836 | -261,444 | -326,546 | -343,166 |
Sale of Property, Plant and Equipment | 45,964 | 56,596 | 6,652 | 19,822 | 718,348 | 68,136 |
Cash Acquisitions | -1,262,132 | -1,071,250 | - | - | -27,840 | - |
Investment in Securities | -12,578,061 | -9,141,306 | 1,065,421 | -3,722,088 | -10,356,965 | -11,003,560 |
Income (Loss) Equity Investments | -157,730 | -221,225 | 23,822 | -125,088 | -121,697 | -158,600 |
Divestitures | 98,267 | 98,267 | - | - | - | - |
Purchase / Sale of Intangibles | -542,146 | -363,965 | -506,836 | -429,765 | -593,541 | -539,473 |
Other Investing Activities | -427,489 | -228,027 | -154,947 | -39,638 | -361,953 | -212,447 |
Investing Cash Flow | -14,930,450 | -10,903,780 | 148,533 | -4,271,713 | -10,695,927 | -12,030,510 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 49,607,077 | 54,660,582 | 55,827,114 | 45,667,237 | 30,564,891 |
Long-Term Debt Repaid | - | -45,516,257 | -53,586,428 | -44,070,500 | -42,037,853 | -24,418,525 |
Lease Payments | -281,530 | -281,530 | -272,634 | -262,055 | -259,913 | - |
Net Debt Issued (Repaid) | 2,357,870 | 4,090,820 | 1,074,154 | 11,756,614 | 3,629,384 | 6,146,366 |
Issuance of Common Stock | 797,870 | 797,870 | 798,163 | 897,646 | 997,120 | 23,588 |
Repurchase of Common Stock | -1,950,070 | -1,900,070 | -900,102 | -1,681,578 | -435,060 | -79 |
Common Dividends Paid | -1,514,982 | -1,293,828 | -1,267,146 | -1,461,371 | -1,540,871 | -1,218,761 |
Total Dividends Paid | -1,514,982 | -1,293,828 | -1,267,146 | -1,461,371 | -1,540,871 | -1,218,761 |
Net Increase (Decrease) in Deposit Accounts | 50,522,600 | 24,093,267 | 38,873,523 | -1,380,003 | 18,309,172 | 36,948,828 |
Other Financing Activities | -433,031 | -444,147 | 112,281 | 248,855 | 744,142 | 10,631 |
Financing Cash Flow | 49,780,257 | 25,343,912 | 38,690,873 | 8,380,163 | 21,703,887 | 41,910,573 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 160,943 | -26,857 | 238,477 | -15,361 | -58,955 | 112,854 |
Net Cash Flow | 6,545,160 | 47,580 | 4,830,659 | 6,002,938 | -171,727 | -2,755,957 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -28,735,007 | -14,621,045 | -34,511,060 | 1,648,405 | -11,447,278 | -33,092,040 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -139.75% | -93.00% | -236.17% | 11.59% | -86.39% | -138.88% |
Free Cash Flow Per Share | -60400.81 | -30054.49 | -68172.47 | 3174.85 | -21572.64 | -61964.32 |
Free Cash Flow After Leases | -29,016,537 | -14,902,575 | -34,783,694 | 1,386,350 | -11,707,191 | -33,092,040 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 14,245,156 | 14,749,663 | 15,218,677 | 13,058,769 | 6,770,156 | 4,114,027 |
Cash Income Tax Paid | 1,669,779 | 1,076,814 | 1,030,947 | 1,931,943 | 1,693,408 | 1,149,965 |