# Shinhan Financial Group Co Ltd (SHG)

Source page: https://stoqly.net/companies/shg

- **Ticker:** SHG (NYSE)
- **Sector:** Financials / National Commercial Banks
- **SEC CIK:** 0001263043
- **Latest annual report:** 20-F filed 2026-04-22 (https://www.sec.gov/Archives/edgar/data/1263043/000119312526168235/d75079d20f.htm)
- **Data updated:** 2026-11-01

## Key figures

- **Last close:** $65.59 on 2026-10-30
- **Revenue (FY2025):** $45.5B
- **Revenue growth:** −16.2%
- **Revenue growth, 5-year CAGR:** +34.3%
- **Operating margin:** 10.9%
- **Net margin:** 7.7%
- **Free cash flow:** $6.7B
- **Free cash flow margin:** 14.6%
- **Return on invested capital:** 6.7%
- **Return on equity:** 8.9%
- **Net debt:** $13.9B
- **Net debt / EBITDA:** 2.4x
- **Change in share count:** −3.9%
- **Piotroski F-score:** 4/9
- **Insider buys, last 90 days:** $0.0M
- **Insider sells, last 90 days:** $0.0M

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## Annual results

From SEC EDGAR XBRL filings. Full table: https://stoqly.net/companies/shg/figures.csv

| US$ millions | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---:|---:|---:|---:|---:|---:|---:|---:|---:|---:|
| Revenue | 7,555 | 8,452 | 9,558 | 10,187 | 10,396 | 11,743 | 45,505 | 46,927 | 54,302 | 45,485 |
| Operating income | 2,678 | 3,388 | 4,088 | 4,328 | 4,178 | 5,199 | 4,569 | 4,668 | 4,735 | 4,939 |
| Net income | 2,390 | 2,582 | 2,868 | 2,919 | 2,894 | 3,511 | 3,610 | 3,342 | 3,263 | 3,496 |
| Diluted EPS (US$) | 4.94 | 5.41 | 5.98 | 6.00 | — | 6.38 | 6.57 | 6.16 | 6.19 | 6.90 |
| Operating cash flow | 3,271 | 904 | -5,743 | 6,157 | -878 | 3,668 | 5,562 | 405 | 3,392 | 6,843 |
| Free cash flow | 3,053 | 766 | -5,873 | 5,925 | -1,115 | 3,376 | 5,309 | 205 | 3,198 | 6,661 |
| Cash | 4,677 | 5,845 | 7,329 | 20,013 | 24,670 | 20,682 | 19,374 | 23,444 | 23,900 | 24,439 |
| Debt and leases | 21,005 | 25,855 | 26,717 | 30,214 | 38,204 | 36,313 | 39,105 | 43,857 | 33,849 | 38,357 |

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Source: SEC EDGAR filings and end-of-day prices, via Stoqly. For information only — not investment advice or a recommendation to buy, sell or hold any security.