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Shinhan Financial Group Co (Shinhan Financial Group Co) Revenue

: $19,018 Mil (TTM As of Sep. 2023)
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Shinhan Financial Group Co's revenue for the three months ended in Sep. 2023 was $3,397 Mil. Its revenue for the trailing twelve months (TTM) ended in Sep. 2023 was $19,018 Mil. Shinhan Financial Group Co's Revenue per Share for the three months ended in Sep. 2023 was $6.57. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was $36.31.

Good Sign:

Shinhan Financial Group Co Ltd has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Shinhan Financial Group Co was 38.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was 0.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was 6.80% per year. During the past 10 years, the average Revenue per Share Growth Rate was 6.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Shinhan Financial Group Co's highest 3-Year average Revenue per Share Growth Rate was 97.30% per year. The lowest was -0.60% per year. And the median was 5.90% per year.


Shinhan Financial Group Co Revenue Historical Data

The historical data trend for Shinhan Financial Group Co's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Shinhan Financial Group Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Revenue
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14,156.45 17,474.08 19,036.43 18,404.10 17,921.03

Shinhan Financial Group Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Revenue Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,938.93 8,353.26 3,656.45 3,611.33 3,397.04

Competitive Comparison

For the Banks - Regional subindustry, Shinhan Financial Group Co's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shinhan Financial Group Co Revenue Distribution

For the Banks industry and Financial Services sector, Shinhan Financial Group Co's Revenue distribution charts can be found below:

* The bar in red indicates where Shinhan Financial Group Co's Revenue falls into.



Shinhan Financial Group Co Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $19,018 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Shinhan Financial Group Co  (NYSE:SHG) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Shinhan Financial Group Co Revenue Related Terms

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Shinhan Financial Group Co (Shinhan Financial Group Co) Business Description

Traded in Other Exchanges
Address
20, Sejong-daero 9-gil, Jung-gu, Seoul, KOR, 04513
Shinhan Financial is Korea's largest banking group. Its 11.2% market share of loans trails KB's 12.8%, but Shinhan has more contribution from nonbank and overseas businesses than rivals. Nonbank units include Shinhan Card, the country's largest credit card company, brokerage firm Shinhan Securities, and a top-five presence in life insurance. It also owns leasing firm Shinhan Capital, Shinhan Asset Management, and regional bank Jeju Bank, among others. Unlike KB, whose predecessor banks were originally founded by the government, Shinhan has always been a private-sector bank, having grown to the top spot organically and through M&A after having been only a second-tier player before the Asian financial crisis.