Shinhan Financial
SHG · NYSENational Commercial Banks · Reports in KRW
Net income was KRW 2,845B. Operating cash flow of KRW 6,394B less capital expenditure of KRW 283B left free cash flow of KRW 6,111B. Net debt was KRW 48,878B.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 |
|---|---|---|---|---|
| Net interest incomeBanks | KRW 5,170B | KRW 5,779B | KRW 5,221B | KRW 6,174B |
| Interest expense | KRW 6,979B | KRW 8,955B | KRW 7,376B | KRW 6,850B |
| Pre-tax income | KRW 3,083B | KRW 2,187B | KRW 1,568B | KRW 3,399B |
| Income tax | KRW 1,058B | KRW 695B | KRW 424B | KRW 577B |
| Net income | KRW 1,930B | KRW 1,481B | KRW 1,134B | KRW 2,845B |
| Diluted shares | 417M | 432M | 476M | 489M |
Balance sheet
| Fiscal year | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 |
|---|---|---|---|---|
| Cash & equivalents | KRW 3,580B | KRW 1,365B | KRW 4,363B | KRW 5,689B |
| Net PP&E | – | KRW 2,412B | KRW 2,437B | KRW 2,367B |
| Goodwill | – | KRW 3,892B | KRW 3,805B | KRW 3,805B |
| Total assets | – | KRW 260,973B | KRW 254,910B | KRW 270,033B |
| Short-term debt | – | KRW 23,225B | KRW 9,715B | KRW 8,071B |
| Long-term debt | – | KRW 49,652B | KRW 44,795B | KRW 46,496B |
| DepositsBanks | – | – | KRW 143,698B | KRW 152,892B |
| Total liabilities | – | KRW 243,009B | KRW 234,361B | KRW 246,824B |
| Shareholders' equity | KRW 17,122B | KRW 17,652B | KRW 20,218B | KRW 22,795B |
Cash flow
| Fiscal year | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 |
|---|---|---|---|---|
| Operating cash flow | KRW 2,767B | KRW 3,904B | KRW 1,714B | KRW 6,394B |
| Capital expenditure | KRW 454B | KRW 411B | KRW 382B | KRW 283B |
| Free cash flow | KRW 2,314B | KRW 3,493B | KRW 1,332B | KRW 6,111B |
| Depreciation & amortisation | KRW 812B | KRW 871B | KRW 714B | KRW 605B |
| Acquisitions | KRW 5,960B | KRW 46.3B | – | −KRW 13.2B |
| Share buybacks | KRW 372M | – | – | – |
| Dividends paid | KRW 337B | KRW 572B | KRW 231B | KRW 420B |
Key ratios
| Fiscal year | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 |
|---|---|---|---|---|
| Return on equityBlank when equity is negative | 11.3% | 8.4% | 5.6% | 12.5% |
| Cash conversion (CFO ÷ net income) | 1.43x | 2.64x | 1.51x | 2.25x |
| Debt ÷ equity | – | 4.13x | 2.70x | 2.39x |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | – | KRW 71,512B | KRW 50,147B | KRW 48,878B |
Recent filings
More in National Commercial Banks
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.