Shinhan Financial Group Co Ltd (SHG) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Shinhan Financial Group Co Ltd (SHG) has a cash flow conversion efficiency ratio of -0.071x as of June 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-4.25 Trillion) by net assets ($60.20 Trillion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Shinhan Financial Group Co Ltd balance sheet quality to measure how much of total assets are equity-financed.
Shinhan Financial Group Co Ltd - Cash Flow Conversion Efficiency Trend (2002–2024)
This chart illustrates how Shinhan Financial Group Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Shinhan Financial Group Co Ltd cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Shinhan Financial Group Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shinhan Financial Group Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Amrize Ltd
NYSE:AMRZ
|
0.066x |
|
Advanced Info Service Public Company Limited
F:NVAA
|
0.311x |
|
MongoDB
NASDAQ:MDB
|
0.069x |
|
Edison International
NYSE:EIX
|
0.076x |
|
EXPERIAN PLC ADR
F:J2BA
|
N/A |
|
Bank Rakyat Indonesia Persero
JK:BBRI
|
0.009x |
|
Tapestry Inc
NYSE:TPR
|
0.385x |
|
Halliburton Company
NYSE:HAL
|
0.025x |
Annual Cash Flow Conversion Efficiency for Shinhan Financial Group Co Ltd (2002–2024)
The table below shows the annual cash flow conversion efficiency of Shinhan Financial Group Co Ltd from 2002 to 2024. For the full company profile with market capitalisation and key ratios, see SHG market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $58.82 Trillion | $4.63 Trillion | 0.079x | +131.94% |
| 2023-12-31 | $56.32 Trillion | $1.91 Trillion | 0.034x | -76.14% |
| 2022-12-31 | $53.42 Trillion | $7.59 Trillion | 0.142x | -35.59% |
| 2021-12-31 | $50.22 Trillion | $11.08 Trillion | 0.221x | +331.98% |
| 2020-12-31 | $46.36 Trillion | $-4.41 Trillion | -0.095x | -155.55% |
| 2019-12-31 | $41.93 Trillion | $7.18 Trillion | 0.171x | +199.29% |
| 2018-12-31 | $36.65 Trillion | $-6.32 Trillion | -0.172x | -669.03% |
| 2017-12-31 | $33.70 Trillion | $1.02 Trillion | 0.030x | -74.67% |
| 2016-12-31 | $31.74 Trillion | $3.80 Trillion | 0.120x | +28.10% |
| 2015-12-31 | $31.81 Trillion | $2.97 Trillion | 0.093x | +236.95% |
| 2014-12-31 | $30.51 Trillion | $-2.08 Trillion | -0.068x | -79.67% |
| 2013-12-31 | $29.86 Trillion | $-1.13 Trillion | -0.038x | -112.03% |
| 2012-12-31 | $28.78 Trillion | $9.08 Trillion | 0.315x | +530.59% |
| 2011-12-31 | $26.86 Trillion | $1.34 Trillion | 0.050x | +116.25% |
| 2010-12-31 | $23.20 Trillion | $-7.14 Trillion | -0.308x | -468.98% |
| 2009-12-31 | $20.55 Trillion | $1.71 Trillion | 0.083x | -61.61% |
| 2008-12-31 | $17.96 Trillion | $3.90 Trillion | 0.217x | +34.44% |
| 2007-12-31 | $17.13 Trillion | $2.77 Trillion | 0.162x | +179.72% |
| 2006-12-31 | $9.67 Trillion | $558.99 Billion | 0.058x | -84.07% |
| 2005-12-31 | $8.17 Trillion | $2.96 Trillion | 0.363x | +35.77% |
| 2004-12-31 | $6.25 Trillion | $1.67 Trillion | 0.267x | +51.92% |
| 2003-12-31 | $4.92 Trillion | $865.06 Billion | 0.176x | -38.83% |
| 2002-12-31 | $3.55 Trillion | $1.02 Trillion | 0.288x | -- |
About Shinhan Financial Group Co Ltd
Shinhan Financial Group Co., Ltd. provides financial products and services in South Korea and internationally. The company operates in six segments: Commercial Banking, Credit Card, Securities, Insurance, Credit, and Others. It offers retail banking services, including demand, savings, and fixed deposit-taking; checking accounts; mortgage and home equity, and retail lending; electronic banking an… Read more