Shinhan Financial (SHG) Gross Margin (2010 - 2023)
Shinhan Financial (SHG) posted quarterly Gross Margin of 97.92% for Q4 2023, up 6811.0% year-over-year from 1.42% in Q4 2022, and up 228.51% quarter-over-quarter from 29.81% in Q4 2022.
Shinhan Financial (SHG) Gross Margin (2010 - 2023) Analysis & Trends
Shinhan Financial's Gross Margin history runs 10 years deep, the most recent figure standing at 97.92% for Q4 2023.
- In Q4 2023, Gross Margin rose 6811.0% year-over-year to 97.92%; the TTM figure through Dec 2023 stood at 234.12% (up 23412.0% YoY), while the FY2025 annual figure was 97.88%, down 36.0% from the prior year.
- Gross Margin for Q4 2023 stood at 97.92%, up from 29.81% in the prior quarter.
- The five-year high for Gross Margin was 111.12% in Q4 2019, with the low at 9164740863097.65% in Q2 2019.
- The 5-year median for Gross Margin is 4079414.14% (2021), against an average of 2714767756392.38%.
- The sharpest annual moves came in 2019 and 2021: Gross Margin slumped 2000000000 bps in 2019, then jumped 2000000000 bps in 2021.
- Shinhan Financial's Gross Margin stood at 111.12% in 2019, then plunged by 2000000000 bps to 5806656319246.54% in 2020, then surged by 100 bps to 109.44% in 2021, then tumbled by 73 bps to 29.81% in 2022, then soared by 229 bps to 97.92% in 2023.
- Business Quant data shows SHG's Gross Margin at 97.92% in Q4 2023, 29.81% in Q4 2022, and 96.75% in Q3 2022.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | 42.56% |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | - |
| 10 | Shinhan Financial | 1.47 Mn | -21.63 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 97.92% |
| Dec 31, 2022 | 29.81% |
| Sep 30, 2022 | 96.75% |
| Jun 30, 2022 | 94.40% |
| Dec 31, 2021 | 109.44% |
| Sep 30, 2021 | -4,913,745,445,543.32% |
| Jun 30, 2021 | -8,158,858.08% |
| Sep 30, 2020 | -5,806,656,319,246.54% |
| Jun 30, 2020 | -7,240,402,503,092.84% |
| Dec 31, 2019 | 111.12% |
| Sep 30, 2019 | -5,451,659,787,409.56% |
| Jun 30, 2019 | -9,164,740,863,097.65% |
| Dec 31, 2018 | 106.82% |
| Sep 30, 2018 | 95.46% |
| Jun 30, 2018 | 93.97% |
| Mar 31, 2018 | 85.52% |
| Dec 31, 2017 | 104.02% |
| Sep 30, 2017 | 95.26% |
| Jun 30, 2017 | 93.63% |
| Mar 31, 2017 | 90.72% |