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Shinhan Financial Group Co (Shinhan Financial Group Co) Ending Cash Position : $23,319 Mil (As of Dec. 2023)


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What is Shinhan Financial Group Co Ending Cash Position?

Shinhan Financial Group Co's Ending Cash Position for the quarter that ended in Dec. 2023 was $23,319 Mil.

Shinhan Financial Group Co's quarterly Ending Cash Position declined from Jun. 2023 ($24,793 Mil) to Sep. 2023 ($23,039 Mil) but then increased from Sep. 2023 ($23,039 Mil) to Dec. 2023 ($23,319 Mil).

Shinhan Financial Group Co's annual Ending Cash Position declined from Dec. 2021 ($20,360 Mil) to Dec. 2022 ($18,873 Mil) but then increased from Dec. 2022 ($18,873 Mil) to Dec. 2023 ($23,319 Mil).


Shinhan Financial Group Co Ending Cash Position Historical Data

The historical data trend for Shinhan Financial Group Co's Ending Cash Position 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.

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Shinhan Financial Group Co Ending Cash Position Chart

Shinhan Financial Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Ending Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,303.26 24,556.32 20,359.58 18,873.41 23,318.78

Shinhan Financial Group Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Ending Cash Position Get a 7-Day Free Trial 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 18,873.41 22,527.34 24,793.32 23,038.55 23,318.78

Shinhan Financial Group Co Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Shinhan Financial Group Co's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=18716.689+4602.088
=23,319

Shinhan Financial Group Co's Ending Cash Position for the quarter that ended in Dec. 2023 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=23565.639+-246.862
=23,319


Shinhan Financial Group Co Ending Cash Position 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.