Shinhan Financial Group Co., Ltd. (SHG) — Financial statements
Income statement, balance sheet, and cash flow for Shinhan Financial Group Co., Ltd. — annual and quarterly history with growth and margin analysis.
| Metric (KRW Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 39,770,876↑12.4% | 35,375,497↑4.7% | 33,801,486↑37.6% | 24,563,771↓4.6% | 25,753,998 | |
| Cost of Revenue | 18,556,727↓6.3% | 19,800,832↑4.6% | 18,923,547↑75.5% | 10,780,934↑119.2% | 4,917,555 | |
| Gross Profit | 21,214,149↑36.2% | 15,574,665↑4.7% | 14,877,939↑7.9% | 13,782,837↓33.9% | 20,836,443 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 4,888,461↑4.2% | 4,690,358↑1.9% | 4,602,625↑3.9% | 4,428,649↓62.7% | 11,863,806 | |
| Selling & Marketing Expenses | 319,845↑1.4% | 315,281↑10.4% | 285,495↓16.0% | 339,915↑21.1% | 280,780 | |
| SG&A Expenses | 5,208,306↑4.0% | 5,005,639↑2.4% | 4,888,120↑2.5% | 4,768,564↓60.7% | 12,144,586 | |
| Other Expenses | 4,309,699↓5.1% | 4,539,934↑12.8% | 4,024,859↑52.0% | 2,647,647↓14.8% | 3,108,193 | |
| Operating Expenses | 9,518,005↓0.3% | 9,545,573↑7.1% | 8,912,979↑20.2% | 7,416,211↓51.4% | 15,252,779 | |
| Total Costs & Expenses | 33,230,331↑13.2% | 29,346,405↑5.4% | 27,836,526↑53.0% | 18,197,145↓9.8% | 20,170,334 | |
| Operating Results | ||||||
| Operating Income | 7,118,587↑18.1% | 6,029,092↑1.1% | 5,964,960↓6.3% | 6,366,626↑14.0% | 5,583,664 | |
| Depreciation & Amortization | 1,000,144↓21.9% | 1,280,382↑8.0% | 1,185,006↑18.5% | 999,682↑10.7% | 902,692 | |
| EBITDA | 7,540,689↑3.2% | 7,309,474↑2.2% | 7,149,966↓2.9% | 7,366,308↑13.6% | 6,486,356 | |
| EBIT | 6,540,545↑8.5% | 6,029,092↑1.1% | 5,964,960↓6.3% | 6,366,626↑14.0% | 5,583,664 | |
| Interest & Other Income | ||||||
| Net Interest Income | 12,065,545↑5.8% | 11,402,302↑5.4% | 10,817,922↑2.1% | 10,596,853↓1.6% | 10,769,325 | |
| Interest Income | 28,580,826↓2.2% | 29,209,338↑5.9% | 27,579,211↑37.1% | 20,109,000↑36.6% | 14,724,230 | |
| Interest Expense | 16,515,280↓7.3% | 17,807,036↑6.2% | 16,761,289↑76.5% | 9,495,472↑140.1% | 3,954,905 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -95,627 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 7,022,960↑16.5% | 6,029,092↑1.1% | 5,964,960↓6.3% | 6,366,626↑14.0% | 5,583,664 | |
| Income Tax Expense | 1,844,490↑25.4% | 1,470,922↓1.1% | 1,486,960↓7.7% | 1,611,112↑9.5% | 1,471,036 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 5,084,519↑11.5% | 4,558,170↑1.8% | 4,478,000↓5.8% | 4,755,514↑15.6% | 4,112,628 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 5,038,971↑13.2% | 4,450,177↑1.9% | 4,368,035↓6.4% | 4,665,643↑16.1% | 4,019,254 | |
| Bottom-Line Net Income | 4,838,355↑13.2% | 4,273,232↑2.3% | 4,178,363↓7.3% | 4,509,366↑15.5% | 3,902,866 | |
| EPS (Basic) | 9,812.00↑16.2% | 8,441.00↑4.9% | 8,048.00↓11.8% | 9,123.81↑24.8% | 7,308.05 | |
| EPS (Diluted) | 9,812.00↑16.2% | 8,441.26↑4.9% | 8,047.57↓5.3% | 8,498.00↑16.3% | 7,308.05 | |
| Weighted Average Shares | 497↓1.9% | 506↓2.5% | 519↑2.0% | 509↓4.7% | 534 | |
| Weighted Average Diluted Shares | 497↓1.9% | 506↓2.5% | 519↑2.0% | 509↓4.7% | 534 | |
* All figures in Millions of KRW, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.