Shinhan Financial (SHG) Cost of Revenue (2010 - 2023)

Shinhan Financial (SHG) has reported Cost of Revenue for 13 consecutive years, with $860.2 million the latest figure, recorded in Q4 2023.

• Quarterly Cost of Revenue rose 4.41% year-over-year to $860.2 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $4.1 billion (up 1160.48% YoY) and the FY2025 annual result came in at $925.2 million, up 4.91% from the prior year.
• Cost of Revenue advanced to $860.2 million in Q4 2023 per SHG's latest filing, from $823.9 million in the prior quarter.
• Over the last five years, Cost of Revenue for SHG reached as high as $1.5 billion in Q1 2019 and fell as low as -$3.3 billion in Q4 2019.
• A 5-year average of $605.6 million and a median of $1.2 billion in 2021 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2019 — Cost of Revenue sank 102.29% — and 2022, when it surged 128.3%.
• Year by year, Cost of Revenue stood at -$3.3 billion in 2019, then surged by 142.17% to $1.4 billion in 2020, then sank by 309.78% to -$2.9 billion in 2021, then jumped by 128.3% to $823.9 million in 2022, then increased by 4.41% to $860.2 million in 2023.
• According to Business Quant data, Cost of Revenue over the past three periods registered $860.2 million, $823.9 million, and $1.2 billion for Q4 2023, Q4 2022, and Q3 2022 respectively.