Shinhan Financial (SHG) Return on Capital Employed [ROCE] (2011 - 2026)
Shinhan Financial (SHG) recorded Return on Capital Employed [ROCE] of 16.52% in the quarter ended Jun 30, 2026, down 20.62 percentage points from 37.14% a year earlier and down 2.29 percentage points from the prior quarter.
Shinhan Financial (SHG) Return on Capital Employed [ROCE] (2011 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Shinhan Financial reported Return on Capital Employed [ROCE] of 13.25%, up 0.29 percentage points from the prior year.
- Annual Return on Capital Employed [ROCE] has increased for three straight years, though with a five-year change of -8.01 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at 12.96% in the year ended Dec 31, 2024 (+0.06 pp), 12.91% in the year ended Dec 31, 2023 (+6.05 pp), 6.86% in the year ended Dec 31, 2022 (-23.90 pp) and 30.76% in the year ended Dec 31, 2021 (+9.50 pp).
- Quarterly Return on Capital Employed [ROCE] has ranged from 4.00% in the quarter ended Sep 30, 2021 to 37.14% in the quarter ended Jun 30, 2025 over the past five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] rose in two of the last five quarters, with an average year-over-year change of +0.01 percentage points.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 17.05 percentage points in the quarter ended Jun 30, 2025, against a drop of 20.62 percentage points in the quarter ended Jun 30, 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 18.81% (quarter ended Mar 31, 2026), 12.79% (quarter ended Dec 31, 2025) and 34.14% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - | - |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - | 0.82% |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - | - |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - | - |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - | 86.85% |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn | 10.79% |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - | - |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - | - |
| 10 | Shinhan Financial | 37.22 Bn | 38.83 Bn | - | 16.52% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.52% |
| Mar 31, 2026 | 18.81% |
| Dec 31, 2025 | 12.79% |
| Sep 30, 2025 | 34.14% |
| Jun 30, 2025 | 37.14% |
| Mar 31, 2025 | 20.72% |
| Sep 30, 2024 | 26.73% |
| Jun 30, 2024 | 20.09% |
| Mar 31, 2024 | 22.61% |
| Dec 31, 2023 | 19.93% |
| Dec 31, 2022 | 9.03% |
| Sep 30, 2022 | 8.97% |
| Jun 30, 2022 | 10.21% |
| Mar 31, 2022 | 8.94% |
| Sep 30, 2021 | 4.00% |
| Jun 30, 2021 | 4.30% |
| Mar 31, 2021 | 8.18% |
| Sep 30, 2020 | 16.37% |
| Jun 30, 2020 | 10.69% |
| Mar 31, 2020 | 16.05% |
Shinhan Financial Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=SHG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "SHG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=SHG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();