Financial Statements

Shinhan Financial Group Co., Ltd. (SHG)

$33.52

0.00 (0.00%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 27,777,16925,525,82122,959,44020,790,599-
Net Income 4,019,2543,414,5953,403,4973,156,7222,917,735
Stock Dividends -36,362-194,400-6,344-273,17618,579,429
Dividend Paid -1,218,761-968,847-830,772-714,705-706,565
Retained Earnings 30,541,30027,777,16925,525,82122,959,44020,790,599

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 3,989,6974,083,3283,003,8863,021,772-
Annual Depreciation 2,342,015548,4381,668,758282,2073,288,215
Capital Expenditure -890,214-642,069-589,316-300,093-266,443
Net PPE 5,441,4983,989,6974,083,3283,003,8863,021,772

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -3,915,1633,903,5184,690,0494,689,792
New Purchases -42,144,218-36,419,159-66,696,644-66,247,984-50,970,880
Intangible and Goodwill 3,915,1633,903,5184,690,0494,689,7924,670,134

Shinhan Financial Group Co., Ltd. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Shinhan Financial Group Co., Ltd. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.