Shinhan Net Invested Capital vs Net Tangible Assets Analysis

SHG Stock

USD 35.56 0.10 0.28%

Shinhan Financial financial indicator trend analysis is much more than just breaking down Shinhan Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shinhan Financial is a good investment. Please check the relationship between Shinhan Financial Net Invested Capital and its Net Tangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shinhan Financial Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

Net Invested Capital vs Net Tangible Assets

Net Invested Capital vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shinhan Financial Net Invested Capital account and Net Tangible Assets. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Shinhan Financial's Net Invested Capital and Net Tangible Assets is 0.83. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Shinhan Financial Group, assuming nothing else is changed. The correlation between historical values of Shinhan Financial's Net Invested Capital and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Shinhan Financial Group are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Net Invested Capital i.e., Shinhan Financial's Net Invested Capital and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.83

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Most indicators from Shinhan Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shinhan Financial current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shinhan Financial Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

At this time, Shinhan Financial's Enterprise Value Multiple is most likely to increase significantly in the upcoming years. The Shinhan Financial's current Enterprise Value is estimated to increase to about 134.2 T, while Tax Provision is projected to decrease to roughly 1.2 T.

	2021	2022	2023	2024 (projected)
Gross Profit	21.9T	22.6T	61.3T	64.4T
Total Revenue	21.9T	22.6T	36.4T	38.2T

Gross Profit Total Revenue

Shinhan Financial fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt
Total Assets		0.98	0.23	0.23	0.99	0.72	0.94	0.96	0.85	0.81	0.83	0.35	0.19	0.64	0.27	0.82	0.75	0.51	0.87	1.0	0.64	0.19	0.12	0.72	0.77	0.81
Short Long Term Debt Total	0.98		0.33	0.34	0.97	0.67	0.92	0.99	0.86	0.82	0.83	0.46	0.3	0.68	0.17	0.82	0.77	0.52	0.82	0.98	0.6	0.3	0.17	0.76	0.78	0.81
Other Current Liab	0.23	0.33		0.98	0.18	-0.02	0.32	0.37	0.6	0.59	0.54	0.96	0.99	0.79	-0.7	0.2	0.7	0.53	-0.04	0.23	-0.06	0.93	0.19	0.33	0.5	0.5
Total Current Liabilities	0.23	0.34	0.98		0.19	-0.01	0.3	0.38	0.62	0.61	0.56	0.97	0.98	0.8	-0.69	0.21	0.71	0.51	-0.04	0.24	-0.05	0.98	0.16	0.33	0.53	0.53
Total Stockholder Equity	0.99	0.97	0.18	0.19		0.66	0.94	0.94	0.82	0.77	0.82	0.31	0.14	0.59	0.32	0.88	0.71	0.45	0.92	0.98	0.66	0.14	0.12	0.8	0.71	0.74
Other Liab	0.72	0.67	-0.02	-0.01	0.66		0.51	0.64	0.56	0.62	0.57	0.17	0.04	0.22	0.58	0.42	0.5	0.07	0.56	0.72	0.8	-0.04	-0.05	0.26	0.64	0.69
Property Plant And Equipment Net	0.94	0.92	0.32	0.3	0.94	0.51		0.91	0.81	0.72	0.78	0.38	0.26	0.7	0.09	0.86	0.73	0.64	0.85	0.93	0.46	0.24	0.24	0.81	0.64	0.69
Net Debt	0.96	0.99	0.37	0.38	0.94	0.64	0.91		0.87	0.8	0.8	0.49	0.33	0.71	0.1	0.79	0.77	0.55	0.78	0.96	0.54	0.34	0.2	0.74	0.77	0.82
Retained Earnings	0.85	0.86	0.6	0.62	0.82	0.56	0.81	0.87		0.96	0.95	0.7	0.56	0.9	-0.06	0.74	0.95	0.66	0.69	0.85	0.47	0.57	0.09	0.65	0.9	0.93
Accounts Payable	0.81	0.82	0.59	0.61	0.77	0.62	0.72	0.8	0.96		0.94	0.71	0.58	0.81	0.04	0.64	0.97	0.48	0.62	0.81	0.6	0.56	-0.11	0.53	0.9	0.92
Cash	0.83	0.83	0.54	0.56	0.82	0.57	0.78	0.8	0.95	0.94		0.66	0.52	0.8	0.07	0.77	0.91	0.56	0.72	0.83	0.58	0.51	0.11	0.69	0.85	0.85
Non Current Assets Total	0.35	0.46	0.96	0.97	0.31	0.17	0.38	0.49	0.7	0.71	0.66		0.97	0.79	-0.52	0.32	0.79	0.45	0.08	0.36	0.16	0.93	0.16	0.41	0.61	0.62
Non Currrent Assets Other	0.19	0.3	0.99	0.98	0.14	0.04	0.26	0.33	0.56	0.58	0.52	0.97		0.73	-0.65	0.14	0.68	0.45	-0.1	0.2	-0.01	0.94	0.17	0.28	0.49	0.5
Other Assets	0.64	0.68	0.79	0.8	0.59	0.22	0.7	0.71	0.9	0.81	0.8	0.79	0.73		-0.48	0.57	0.87	0.85	0.44	0.64	0.06	0.76	0.22	0.55	0.77	0.8
Cash And Short Term Investments	0.27	0.17	-0.7	-0.69	0.32	0.58	0.09	0.1	-0.06	0.04	0.07	-0.52	-0.65	-0.48		0.24	-0.11	-0.52	0.46	0.27	0.74	-0.7	-0.31	0.05	0.01	0.0
Common Stock Shares Outstanding	0.82	0.82	0.2	0.21	0.88	0.42	0.86	0.79	0.74	0.64	0.77	0.32	0.14	0.57	0.24		0.62	0.47	0.93	0.81	0.53	0.15	0.34	0.92	0.53	0.55
Short Term Investments	0.75	0.77	0.7	0.71	0.71	0.5	0.73	0.77	0.95	0.97	0.91	0.79	0.68	0.87	-0.11	0.62		0.55	0.55	0.75	0.48	0.67	-0.08	0.56	0.85	0.87
Non Current Liabilities Total	0.51	0.52	0.53	0.51	0.45	0.07	0.64	0.55	0.66	0.48	0.56	0.45	0.45	0.85	-0.52	0.47	0.55		0.4	0.51	-0.26	0.49	0.49	0.45	0.52	0.57
Other Stockholder Equity	0.87	0.82	-0.04	-0.04	0.92	0.56	0.85	0.78	0.69	0.62	0.72	0.08	-0.1	0.44	0.46	0.93	0.55	0.4		0.87	0.61	-0.1	0.17	0.78	0.53	0.56
Total Liab	1.0	0.98	0.23	0.24	0.98	0.72	0.93	0.96	0.85	0.81	0.83	0.36	0.2	0.64	0.27	0.81	0.75	0.51	0.87		0.63	0.19	0.12	0.72	0.78	0.82
Total Current Assets	0.64	0.6	-0.06	-0.05	0.66	0.8	0.46	0.54	0.47	0.6	0.58	0.16	-0.01	0.06	0.74	0.53	0.48	-0.26	0.61	0.63		-0.09	-0.26	0.42	0.48	0.48
Short Term Debt	0.19	0.3	0.93	0.98	0.14	-0.04	0.24	0.34	0.57	0.56	0.51	0.93	0.94	0.76	-0.7	0.15	0.67	0.49	-0.1	0.19	-0.09		0.12	0.27	0.51	0.5
Intangible Assets	0.12	0.17	0.19	0.16	0.12	-0.05	0.24	0.2	0.09	-0.11	0.11	0.16	0.17	0.22	-0.31	0.34	-0.08	0.49	0.17	0.12	-0.26	0.12		0.45	-0.03	0.01
Common Stock	0.72	0.76	0.33	0.33	0.8	0.26	0.81	0.74	0.65	0.53	0.69	0.41	0.28	0.55	0.05	0.92	0.56	0.45	0.78	0.72	0.42	0.27	0.45		0.4	0.42
Property Plant Equipment	0.77	0.78	0.5	0.53	0.71	0.64	0.64	0.77	0.9	0.9	0.85	0.61	0.49	0.77	0.01	0.53	0.85	0.52	0.53	0.78	0.48	0.51	-0.03	0.4		0.98
Long Term Debt	0.81	0.81	0.5	0.53	0.74	0.69	0.69	0.82	0.93	0.92	0.85	0.62	0.5	0.8	0.0	0.55	0.87	0.57	0.56	0.82	0.48	0.5	0.01	0.42	0.98

Click cells to compare fundamentals

Shinhan Financial Account Relationship Matchups

Shinhan Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	552.4T	605.2T	648.2T	675.9T	691.8T	372.6T
Short Long Term Debt Total	107.6T	106.0T	113.1T	119.1T	143.3T	76.6T
Other Current Liab	(294.7B)	(317.3B)	(574.1B)	(12.4T)	161.7T	169.7T
Total Current Liabilities	12.0T	14.6T	14.1T	702.1B	257.7T	270.6T
Total Stockholder Equity	39.2T	44.1T	47.3T	48.4T	49.7T	27.7T
Other Liab	67.2T	70.4T	78.1T	23.9T	27.5T	16.8T
Property Plant And Equipment Net	4.1T	4.0T	5.4T	5.9T	6.1T	3.3T
Net Debt	78.0T	71.4T	83.6T	88.6T	107.7T	59.5T
Retained Earnings	25.5T	27.8T	30.5T	33.3T	36.4T	38.2T
Accounts Payable	11.9T	14.6T	14.0T	12.5T	16.6T	17.4T
Cash	29.6T	34.6T	29.5T	30.5T	35.6T	37.4T
Non Current Assets Total	169.2T	176.8T	191.2T	10.9T	625.5T	656.8T
Non Currrent Assets Other	(218.3B)	(215.3B)	(134.9B)	(183.1T)	610.2T	640.7T
Other Assets	282.2T	320.4T	347.2T	635.1T	730.4T	766.9T
Cash And Short Term Investments	89.0T	92.9T	94.4T	29.9T	(21.9T)	(20.8T)
Common Stock Shares Outstanding	477.3M	500.3M	534.0M	530.6M	519.2M	487.3M
Short Term Investments	59.4T	58.3T	64.8T	63.7T	90.3T	94.8T
Liabilities And Stockholders Equity	552.4T	605.2T	648.2T	675.9T	691.8T	372.6T
Non Current Liabilities Total	108.4T	107.0T	113.8T	624.1T	381.7T	400.8T
Other Stockholder Equity	11.2T	13.7T	14.8T	15.7T	11.2T	8.9T
Total Liab	510.5T	558.9T	598.6T	624.8T	639.5T	343.6T
Total Current Assets	101.0T	108.0T	109.8T	29.9T	66.3T	43.5T
Accumulated Other Comprehensive Income	(260.2B)	(404.2B)	(984.9B)	(3.6T)	(1.1T)	(1.0T)
Short Term Debt	86.8B	71.3B	42.4B	48.1B	78.8T	82.8T
Intangible Assets	868.7B	790.8B	974.6B	1.1T	1.5T	1.1T
Property Plant Equipment	4.1T	4.0T	4.0T	4.4T	5.0T	5.3T
Long Term Debt	100.4T	103.9T	111.1T	115.7T	125.8T	132.1T
Good Will	4.7T	4.7T	4.7T	4.7T	4.7T	3.3T
Other Current Assets	47.9T	58.4T	54.9T	57.7T	66.3T	120.8T
Property Plant And Equipment Gross	4.1T	4.0T	8.3T	8.8T	9.2T	9.7T
Net Receivables	12.1T	15.1T	15.4T	14.9T	21.0T	22.0T
Inventory	(47.9T)	(58.4T)	(54.9T)	(72.6T)	877.3B	921.2B
Deferred Long Term Liab	1.1T	1.2T	1.2T	454.3B	522.4B	875.5B
Net Tangible Assets	33.4T	38.4T	41.5T	43.1T	49.5T	29.7T
Long Term Debt Total	101.5T	104.5T	111.7T	116.4T	133.8T	85.9T
Capital Surpluse	9.9T	10.6T	12.2T	12.1T	13.9T	10.6T
Capital Lease Obligations	1.1T	594.2B	612.7B	623.3B	613.9B	390.3B

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When determining whether Shinhan Financial is a strong investment it is important to analyze Shinhan Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Shinhan Financial's future performance. For an informed investment choice regarding Shinhan Stock, refer to the following important reports:

How To Invest In Shinhan

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What is Shinhan Financial's Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shinhan Financial Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

Note that the Shinhan Financial information on this page should be used as a complementary analysis to other Shinhan Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running Shinhan Financial's price analysis, check to measure Shinhan Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shinhan Financial is operating at the current time. Most of Shinhan Financial's value examination focuses on studying past and present price action to predict the probability of Shinhan Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shinhan Financial's price. Additionally, you may evaluate how the addition of Shinhan Financial to your portfolios can decrease your overall portfolio volatility.

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Is Shinhan Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shinhan Financial. If investors know Shinhan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shinhan Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.614

Dividend Share

1.6 K

Earnings Share

5.87

Revenue Per Share

29.9 K

Quarterly Revenue Growth

5.466

The market value of Shinhan Financial is measured differently than its book value, which is the value of Shinhan that is recorded on the company's balance sheet. Investors also form their own opinion of Shinhan Financial's value that differs from its market value or its book value, called intrinsic value, which is Shinhan Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shinhan Financial's market value can be influenced by many factors that don't directly affect Shinhan Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Shinhan Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shinhan Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shinhan Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Shinhan Net Invested Capital vs Net Tangible Assets Analysis

Net Invested Capital vs Net Tangible Assets

Net Invested Capital vs Net Tangible Assets Correlation Analysis

Correlation Coefficient

Net Invested Capital

Net Tangible Assets

Shinhan Financial fundamental ratios Correlations

Shinhan Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shinhan Financial fundamental ratios Accounts

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COMPANY

Total Liab	+ 1.0	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Non Currrent Assets Other	+ 0.99	Other Current Liab
Short Long Term Debt Total	+ 0.98	Total Assets
Total Liab	+ 0.98	Short Long Term Debt Total

Short Term Debt	- 0.7	Cash And Short Term Investments
Cash And Short Term Investments	- 0.7	Other Current Liab
Cash And Short Term Investments	- 0.69	Total Current Liabilities
Cash And Short Term Investments	- 0.65	Non Currrent Assets Other
Non Current Liabilities Total	- 0.52	Cash And Short Term Investments
Cash And Short Term Investments	- 0.52	Non Current Assets Total