Shinhan Financial Group Co Ltd (SHG) - Total Assets
Based on the latest financial reports, Shinhan Financial Group Co Ltd (SHG) holds total assets worth $752.69 Trillion USD as of June 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check how aggressively does Shinhan Financial Group Co Ltd reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Shinhan Financial Group Co Ltd - Total Assets Trend (2001–2024)
This chart illustrates how Shinhan Financial Group Co Ltd's total assets have evolved over time, based on quarterly financial data. Explore long-term investment intensity of Shinhan Financial Group Co Ltd to see how much of total assets are deployed in long-term investments.
Shinhan Financial Group Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Shinhan Financial Group Co Ltd's total assets of $752.69 Trillion consist of 20.8% current assets and 79.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.6% |
| Accounts Receivable | $17.48 Trillion | 2.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $4.16 Trillion | 0.6% |
| Intangible Assets | $1.45 Trillion | 0.2% |
| Goodwill | $4.67 Trillion | 0.6% |
Asset Composition Trend (2001–2024)
This chart illustrates how Shinhan Financial Group Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Shinhan Financial Group Co Ltd (SHG) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shinhan Financial Group Co Ltd's current assets represent 20.8% of total assets in 2024, an increase from 1.1% in 2001.
- Cash Position: Cash and equivalents constituted 5.6% of total assets in 2024, up from 1.1% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2001.
- Asset Diversification: The largest asset category is accounts receivable at 2.4% of total assets.
Shinhan Financial Group Co Ltd Competitors by Total Assets
Key competitors of Shinhan Financial Group Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Standard Bank Group Ltd
JSE:SBK
|
South Africa | ZAC3.41 Trillion |
|
Grupo Financiero Inbursa S.A.B. de C.V
MX:GFINBURO
|
Mexico | MX$860.26 Billion |
|
BRD Groupe Societe Generale SA
RO:BRD
|
Romania | RON100.52 Billion |
|
Hua Xia Bank Co Ltd
SHG:600015
|
China | CN¥4.88 Trillion |
|
International Bancshares Corporation
NASDAQ:IBOC
|
USA | $16.83 Billion |
|
Judo Capital Holdings Ltd
AU:JDO
|
Australia | AU$16.06 Billion |
|
TF Bank AB
ST:TFBANK
|
Sweden | Skr29.94 Billion |
|
Bank Tabungan Negara Persero
JK:BBTN
|
Indonesia | Rp517.54 Trillion |
Shinhan Financial Group Co Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.31 | 0.29 | 0.03 |
| Quick Ratio | 0.31 | 0.29 | 0.38 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-303.30 Trillion | $-301.74 Trillion | $-322.52 Trillion |
Shinhan Financial Group Co Ltd - Advanced Valuation Insights
This section examines the relationship between Shinhan Financial Group Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.66 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 6.9% |
| Total Assets | $739.76 Trillion |
| Market Capitalization | $27.03 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Shinhan Financial Group Co Ltd's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Shinhan Financial Group Co Ltd's assets grew by 6.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Shinhan Financial Group Co Ltd (2001–2024)
The table below shows the annual total assets of Shinhan Financial Group Co Ltd from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $739.76 Trillion | +6.93% |
| 2023-12-31 | $691.80 Trillion | +4.12% |
| 2022-12-31 | $664.43 Trillion | +3.52% |
| 2021-12-31 | $641.86 Trillion | +6.05% |
| 2020-12-31 | $605.23 Trillion | +9.56% |
| 2019-12-31 | $552.42 Trillion | +20.20% |
| 2018-12-31 | $459.60 Trillion | +7.81% |
| 2017-12-31 | $426.31 Trillion | +7.74% |
| 2016-12-31 | $395.68 Trillion | +6.78% |
| 2015-12-31 | $370.54 Trillion | +9.62% |
| 2014-12-31 | $338.02 Trillion | +8.59% |
| 2013-12-31 | $311.30 Trillion | +3.47% |
| 2012-12-31 | $300.85 Trillion | +4.42% |
| 2011-12-31 | $288.12 Trillion | +8.30% |
| 2010-12-31 | $266.03 Trillion | +4.36% |
| 2009-12-31 | $254.91 Trillion | -2.32% |
| 2008-12-31 | $260.97 Trillion | +17.69% |
| 2007-12-31 | $221.75 Trillion | +32.59% |
| 2006-12-31 | $167.24 Trillion | +8.97% |
| 2005-12-31 | $153.47 Trillion | +10.70% |
| 2004-12-31 | $138.64 Trillion | -3.04% |
| 2003-12-31 | $142.98 Trillion | +120.71% |
| 2002-12-31 | $64.78 Trillion | +17.57% |
| 2001-12-31 | $55.10 Trillion | -- |
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