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A055

Shinhan Financial Group KOSE:A055550 Stock Report

Last Price

₩42.00k

Market Cap

₩21.4t

7D

-0.1%

1Y

0.6%

Updated

24 May, 2022

Data

Company Financials +
A055550 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance3/6
Financial Health6/6
Dividends5/6

A055550 Stock Overview

Shinhan Financial Group Co., Ltd. provides financial products and services in South Korea and internationally.

Shinhan Financial Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Shinhan Financial Group
Historical stock prices
Current Share Price₩42,000.00
52 Week High₩43,250.00
52 Week Low₩34,550.00
Beta0.62
1 Month Change-0.12%
3 Month Change5.53%
1 Year Change0.60%
3 Year Change-8.10%
5 Year Change-15.07%
Change since IPO260.52%

Recent News & Updates

Shareholder Returns

A055550KR BanksKR Market
7D-0.1%-0.9%1.2%
1Y0.6%4.0%-14.3%

Return vs Industry: A055550 underperformed the KR Banks industry which returned 4% over the past year.

Return vs Market: A055550 exceeded the KR Market which returned -14.3% over the past year.

Price Volatility

Is A055550's price volatile compared to industry and market?
A055550 volatility
A055550 Average Weekly Movement3.3%
Banks Industry Average Movement3.3%
Market Average Movement5.4%
10% most volatile stocks in KR Market10.2%
10% least volatile stocks in KR Market3.1%

Stable Share Price: A055550 is less volatile than 75% of KR stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: A055550's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1982165Yong-Byoung Chohttps://www.shinhangroup.com

Shinhan Financial Group Co., Ltd. provides financial products and services in South Korea and internationally. The company operates through six segments: Banking, Credit Card, Securities, Life 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 and automatic teller machines (ATM); and bill paying, payroll and check-cashing, currency exchange, and wire fund transfer services.

Shinhan Financial Group Fundamentals Summary

How do Shinhan Financial Group's earnings and revenue compare to its market cap?
A055550 fundamental statistics
Market Cap₩21.39t
Earnings (TTM)₩4.11t
Revenue (TTM)₩13.48t

5.2x

P/E Ratio

0.5x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
A055550 income statement (TTM)
Revenue₩13.48t
Cost of Revenue₩0
Gross Profit₩13.48t
Other Expenses₩9.37t
Earnings₩4.11t

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)8.06k
Gross Margin100.00%
Net Profit Margin30.46%
Debt/Equity Ratio278.8%

How did A055550 perform over the long term?

See historical performance and comparison

Dividends

4.7%

Current Dividend Yield

31%

Payout Ratio

Valuation

Is Shinhan Financial Group undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: A055550 (₩42000) is trading below our estimate of fair value (₩111165.23)

Significantly Below Fair Value: A055550 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: A055550 is poor value based on its Price-To-Earnings Ratio (5.2x) compared to the KR Banks industry average (4.2x).

PE vs Market: A055550 is good value based on its Price-To-Earnings Ratio (5.2x) compared to the KR market (14.1x).


Price to Earnings Growth Ratio

PEG Ratio: A055550 is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: A055550's Price-To-Book Ratio (0.5x) is in line with the KR Banks industry average.


Future Growth

How is Shinhan Financial Group forecast to perform in the next 1 to 3 years based on estimates from 24 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


4.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: A055550's forecast earnings growth (4% per year) is above the savings rate (3.5%).

Earnings vs Market: A055550's earnings (4% per year) are forecast to grow slower than the KR market (14.6% per year).

High Growth Earnings: A055550's earnings are forecast to grow, but not significantly.

Revenue vs Market: A055550's revenue (5.1% per year) is forecast to grow slower than the KR market (9.6% per year).

High Growth Revenue: A055550's revenue (5.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: A055550's Return on Equity is forecast to be low in 3 years time (9.5%).


Past Performance

How has Shinhan Financial Group performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


6.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: A055550 has a high level of non-cash earnings.

Growing Profit Margin: A055550's current net profit margins (30.5%) are higher than last year (29.5%).


Past Earnings Growth Analysis

Earnings Trend: A055550's earnings have grown by 6.4% per year over the past 5 years.

Accelerating Growth: A055550's earnings growth over the past year (14.5%) exceeds its 5-year average (6.4% per year).

Earnings vs Industry: A055550 earnings growth over the past year (14.5%) underperformed the Banks industry 41.5%.


Return on Equity

High ROE: A055550's Return on Equity (8.7%) is considered low.


Financial Health

How is Shinhan Financial Group's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score

6/6

Financial Health Score 6/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: A055550's Assets to Equity ratio (13.5x) is moderate.

Allowance for Bad Loans: A055550 has a sufficient allowance for bad loans (241%).

Low Risk Liabilities: 59% of A055550's liabilities are made up of primarily low risk sources of funding.

Loan Level: A055550 has an appropriate level of Loans to Assets ratio (59%).

Low Risk Deposits: A055550's Loans to Deposits ratio (108%) is appropriate.

Level of Bad Loans: A055550 has an appropriate level of bad loans (0.3%).


Dividend

What is Shinhan Financial Group current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


4.67%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: A055550's dividend (4.67%) is higher than the bottom 25% of dividend payers in the KR market (0.84%).

High Dividend: A055550's dividend (4.67%) is in the top 25% of dividend payers in the KR market (2.75%)


Stability and Growth of Payments

Stable Dividend: A055550's dividend payments have been volatile in the past 10 years.

Growing Dividend: A055550's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (30.7%), A055550's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: A055550's dividends in 3 years are forecast to be well covered by earnings (27.6% payout ratio).


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Yong-Byoung Cho (64 yo)

5.17yrs

Tenure

₩838,000,000

Compensation

Mr. Yong-Byoung Cho has been Chief Executive Officer of Shinhan Financial Group Co., Ltd. since March 23, 2017 and serves as its Chairman of the Board. Mr. Cho serves as the Chief Executive Officer of Shin...


CEO Compensation Analysis

Compensation vs Market: Yong-Byoung's total compensation ($USD665.14K) is below average for companies of similar size in the KR market ($USD1.29M).

Compensation vs Earnings: Yong-Byoung's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: A055550's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: A055550's board of directors are considered experienced (3.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Shinhan Financial Group Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Shinhan Financial Group Co., Ltd.
  • Ticker: A055550
  • Exchange: KOSE
  • Founded: 1982
  • Industry: Diversified Banks
  • Sector: Banks
  • Implied Market Cap: ₩21.389t
  • Shares outstanding: 509.27m
  • Website: https://www.shinhangroup.com

Number of Employees


Location

  • Shinhan Financial Group Co., Ltd.
  • 20, Sejong-daero 9-gil
  • Jung-gu
  • Seoul
  • 4513
  • South Korea

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/24 00:00
End of Day Share Price2022/05/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.