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1 Comment
Shinhan Financial Group Co., Ltd is currently in a long term uptrend where the price is trading 11.6% above its 200 day moving average.
From a valuation standpoint, the stock is 34.2% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 0.9.
Shinhan Financial Group Co., Ltd's total revenue rose by 5.0% to $5T since the same quarter in the previous year.
Its net income has increased by 72.0% to $873B since the same quarter in the previous year.
Finally, its free cash flow grew by 8.0% to $-13T since the same quarter in the previous year.
Based on the above factors, Shinhan Financial Group Co., Ltd gets an overall score of 5/5.
| ISIN | KR7055550008 |
|---|---|
| Industry | Banks-Regional |
| Sector | Financial Services |
| CurrencyCode | KRW |
| Exchange | KO |
| Dividend Yield | 10.% |
|---|---|
| Market Cap | 18T |
| Beta | 0.65 |
| Target Price | 49313 |
| PE Ratio | None |
Shinhan Financial Group Co., Ltd. provides financial products and services in South Korea and internationally. The company operates through six segments: Banking, Credit Card, Securities, Life Insurance, Credit, and Others. It offers retail banking services, including demand, savings, and fixed deposit-taking; checking accounts; mortgage and home equity, and retail lending; electronic banking and automatic teller machines (ATM); and bill paying, payroll and check-cashing, currency exchange, and wire fund transfer services. The company also provides corporate banking services, such as investment banking, real estate financing, overseas real estate and development project financing, infrastructure and structured financing, equity/venture investments, mergers and acquisitions consulting; securitization and derivatives services comprising securities and derivative products, and foreign exchange trading; and working capital loans and facilities loans. In addition, it is involved in treasury and investment activities in international capital markets consisting of foreign currency-denominated securities trading, foreign exchange trading and services, trade-related financial services, international factoring services, and foreign banking operations. Further, the company offers trust account management, securities brokerage, and asset management services, as well as leasing and equipment financing, savings banking, loan collection and credit reporting, collective investment administration, private equity investment, and financial system development services. Shinhan Financial Group Co., Ltd. was founded in 1982 and is headquartered in Seoul, South Korea.
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