Shinhan Financial Group Co Ltd (SHG) — Cash Flow Quality Index

Latest as of March 2026: 8.15x

Shinhan Financial Group Co Ltd (SHG) has a Cash Flow Quality Index of 8.15x as of March 2026. Operating cash flow of $13.45 Trillion exceeds net income of $1.65 Trillion, indicating high earnings quality where cash backs reported profits. Explore how well can Shinhan Financial Group Co Ltd service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

8.15x
Operating CF / Net Income

Operating Cash Flow

$13.45 Trillion
USD

Net Income

$1.65 Trillion
USD

Data as of

Mar 2026
Most recent filing

Shinhan Financial Group Co Ltd Cash Flow Quality Index (2002–2025)

Historical Cash Flow Quality Index for Shinhan Financial Group Co Ltd across 24 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Shinhan Financial Group Co Ltd operating cash flow efficiency.

Annual Cash Flow Quality Index for Shinhan Financial Group Co Ltd (2002–2025)

Year-by-year earnings quality comparison for Shinhan Financial Group Co Ltd.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1922.78x $6.46 Trillion $3.36 Billion ▲ +189346.5%
2024 1.01x $4.63 Trillion $4.56 Trillion ▲ +757.8%
2023 0.12x $529.85 Billion $4.48 Trillion ▼ -90.1%
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 ▼ -626.1%
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 ▼ -76.6%
2013 -0.41x $-1.10 Trillion $2.68 Trillion ▼ -114.6%
2012 2.81x $9.07 Trillion $3.23 Trillion ▲ +764.7%
2011 0.32x $1.41 Trillion $4.34 Trillion ▼ -18.5%
2010 0.40x $1.37 Trillion $3.43 Trillion ▼ -73.4%
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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.