Shinhan Financial (SHG) Beginning Cash Balance (2012 - 2019)

Shinhan Financial (SHG) posted quarterly Beginning Cash Balance of -$5.2 billion for Q4 2019, down 32.12% year-on-year from -$7.7 billion in Q4 2018, and down 194.58% on a QoQ basis from $5.5 billion in Q1 2019.

Shinhan Financial (SHG) Beginning Cash Balance (2012 - 2019) Analysis & Trends

Shinhan Financial (SHG) has reported Beginning Cash Balance for 8 consecutive years, with -$5.2 billion the latest figure, recorded in Q4 2019.

  • Quarterly Beginning Cash Balance fell 32.12% year-over-year to -$5.2 billion in Q4 2019, while the trailing twelve-month figure through Dec 2019 was $298.9 million (up 16.37% YoY) and the FY2021 annual result came in at $302.7 million, down 18.26% from the prior year.
  • Beginning Cash Balance eased to -$5.2 billion in Q4 2019 per SHG's latest filing, from $5.5 billion in the prior quarter.
  • Over the last five years, Beginning Cash Balance for SHG reached as high as $5.5 billion in Q1 2019 and fell as low as -$5.2 billion in Q4 2019.
  • A 5-year average of $1.5 billion and a median of $3.2 billion in 2015 frame the typical range for Beginning Cash Balance.
  • Annual changes were most pronounced in 2017 — Beginning Cash Balance jumped 1024.47% — and 2018, when it tumbled 203.96%.
  • Year by year, Beginning Cash Balance stood at $3.7 billion in 2015, then dropped by 25.12% to $2.8 billion in 2016, then surged by 37.17% to $3.8 billion in 2017, then slumped by 203.96% to -$3.9 billion in 2018, then sank by 32.12% to -$5.2 billion in 2019.
  • According to Business Quant data, Beginning Cash Balance over the past three periods registered -$5.2 billion, $5.5 billion, and -$3.9 billion for Q4 2019, Q1 2019, and Q4 2018 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn -
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn
5 Mizuho Financial 385.64 Bn 389.59 Bn -
6 Lloyds Banking 358.14 Bn 358.14 Bn -
7 First Capital 200.03 Bn 199.69 Bn -
8 Landmark Bancorp 187.97 Bn 187.94 Bn -
9 Pnc Financial Services 100.96 Bn 101.01 Bn -
10 Itau Unibanco Holding 90.02 Bn 47.32 Bn -

Historic Data

Download Data
DateValue
Dec 31, 2019 -5.22 Bn
Dec 31, 2019 -5.22 Bn
Mar 31, 2019 5.52 Bn
Mar 31, 2019 5.52 Bn
Dec 31, 2018 -3.95 Bn
Dec 31, 2018 -3.95 Bn
Mar 31, 2018 4.21 Bn
Mar 31, 2018 4.21 Bn
Dec 31, 2017 3.80 Bn
Dec 31, 2017 3.80 Bn
Mar 31, 2017 3.80 Bn
Mar 31, 2017 3.80 Bn
Sep 30, 2016 2.77 Bn
Sep 30, 2016 2.77 Bn
Mar 31, 2016 337.83 Mn
Mar 31, 2016 337.83 Mn
Dec 31, 2015 3.70 Bn
Dec 31, 2015 3.70 Bn
Mar 31, 2015 81.48 Mn
Mar 31, 2015 81.48 Mn