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
DateValue
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