Shinhan Financial Group Co Ltd (SHG) — Cash Flow Quality Index
Shinhan Financial Group Co Ltd (SHG) has a Cash Flow Quality Index of -2.69x as of June 2025. Operating cash flow of $-4.25 Trillion is below net income of $1.58 Trillion, suggesting accrual-heavy earnings not yet converted to cash. Explore SHG strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Shinhan Financial Group Co Ltd Cash Flow Quality Index (2002–2024)
Historical Cash Flow Quality Index for Shinhan Financial Group Co Ltd across 23 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Shinhan Financial Group Co Ltd (SHG) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Shinhan Financial Group Co Ltd (2002–2024)
Year-by-year earnings quality comparison for Shinhan Financial Group Co Ltd. For live market cap and the full company financial profile, see Shinhan Financial Group Co Ltd market capitalisation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.01x | $4.63 Trillion | $4.56 Trillion | ▲ +132.1% |
| 2023 | 0.44x | $1.91 Trillion | $4.37 Trillion | ▼ -63.4% |
| 2022 | 1.20x | $7.59 Trillion | $6.35 Trillion | ▼ -39.7% |
| 2021 | 1.98x | $11.08 Trillion | $5.58 Trillion | ▲ +313.9% |
| 2020 | -0.93x | $-4.41 Trillion | $4.75 Trillion | ▼ -163.5% |
| 2019 | 1.46x | $7.18 Trillion | $4.91 Trillion | ▲ +203.3% |
| 2018 | -1.41x | $-6.32 Trillion | $4.47 Trillion | ▼ -625.9% |
| 2017 | 0.27x | $1.02 Trillion | $3.80 Trillion | ▼ -77.5% |
| 2016 | 1.20x | $3.80 Trillion | $3.17 Trillion | ▲ +26.6% |
| 2015 | 0.95x | $2.97 Trillion | $3.14 Trillion | ▲ +230.3% |
| 2014 | -0.73x | $-2.08 Trillion | $2.87 Trillion | ▼ -71.7% |
| 2013 | -0.42x | $-1.13 Trillion | $2.68 Trillion | ▼ -115.0% |
| 2012 | 2.81x | $9.08 Trillion | $3.23 Trillion | ▲ +776.2% |
| 2011 | 0.32x | $1.34 Trillion | $4.19 Trillion | ▲ +110.6% |
| 2010 | -3.01x | $-7.14 Trillion | $2.37 Trillion | ▼ -300.9% |
| 2009 | 1.50x | $1.71 Trillion | $1.14 Trillion | ▼ -43.1% |
| 2008 | 2.64x | $3.90 Trillion | $1.48 Trillion | ▲ +83.8% |
| 2007 | 1.43x | $2.77 Trillion | $1.93 Trillion | ▲ +259.8% |
| 2006 | 0.40x | $558.99 Billion | $1.40 Trillion | ▼ -76.9% |
| 2005 | 1.72x | $2.96 Trillion | $1.72 Trillion | ▲ +46.3% |
| 2004 | 1.18x | $1.67 Trillion | $1.42 Trillion | ▼ -60.7% |
| 2003 | 3.00x | $865.06 Billion | $288.71 Billion | ▲ +73.0% |
| 2002 | 1.73x | $1.02 Trillion | $589.39 Billion | — |