Shinhan Financial (SHG) Asset Writedowns and Impairment (2010 - 2023)
Shinhan Financial's (SHG) quarterly Asset Writedowns and Impairment came in at -$615.2 million in Q4 2023, down 64.08% year-on-year from -$1.7 billion in Q4 2022, and down 64.08% quarter-over-quarter from -$374.9 million in Q4 2022.
Shinhan Financial (SHG) Asset Writedowns and Impairment (2010 - 2023) Analysis & Trends
Shinhan Financial's Asset Writedowns and Impairment history runs 14 years deep, the most recent figure standing at -$615.2 million for Q4 2023.
- On a quarterly basis, Asset Writedowns and Impairment fell 64.08% year-over-year to -$615.2 million in Q4 2023; TTM through Dec 2023 was -$1.4 billion, a 46.71% decrease from a year earlier, with the FY2025 full-year figure at -$611.1 million, down 315.63% from the prior year.
- Asset Writedowns and Impairment retreated to -$615.2 million in Q4 2023 per SHG's latest filing, from -$374.9 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $540717.0 in Q1 2020 and bottomed at -$615.2 million in Q4 2023.
- The 5-year median for Asset Writedowns and Impairment is -$325572.2 (2021), against an average of -$168.8 million.
- Across the five-year window, Asset Writedowns and Impairment jumped 665.96% in 2019 and sank 160.21% in 2021, its largest moves.
- Year by year, Asset Writedowns and Impairment stood at -$234571.7 in 2019, then slumped by 184927.2% to -$434.0 million in 2020, then grew by 13.7% to -$374.6 million in 2021, then fell by 0.09% to -$374.9 million in 2022, then slumped by 64.08% to -$615.2 million in 2023.
- Per Business Quant, the three latest SHG Asset Writedowns and Impairment figures stand at -$615.2 million (Q4 2023), -$374.9 million (Q4 2022), and $7473.3 (Q1 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - |
| 10 | Itau Unibanco Holding | 89.22 Bn | 46.51 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -615.16 Mn |
| Dec 31, 2023 | -615.16 Mn |
| Dec 31, 2022 | -374.90 Mn |
| Dec 31, 2022 | -374.90 Mn |
| Mar 31, 2022 | 7,473.31 |
| Mar 31, 2022 | 7,473.31 |
| Dec 31, 2021 | -374.55 Mn |
| Dec 31, 2021 | -374.55 Mn |
| Sep 30, 2021 | -180.67 Mn |
| Sep 30, 2021 | -180.67 Mn |
| Jun 30, 2021 | -118,683.82 |
| Jun 30, 2021 | -118,683.82 |
| Mar 31, 2021 | -325,572.20 |
| Mar 31, 2021 | -325,572.20 |
| Dec 31, 2020 | -434.02 Mn |
| Dec 31, 2020 | -434.02 Mn |
| Sep 30, 2020 | -215.38 Mn |
| Sep 30, 2020 | -215.38 Mn |
| Jun 30, 2020 | -106,678.68 |
| Jun 30, 2020 | -106,678.68 |