Shinhan Financial Income Statement

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 2012
Revenue	18,201,084	16,495,604	21,910,008	20,795,901	20,851,011	Upgrade
Revenue Growth (YoY)	10.34%	-24.71%	5.36%	-0.26%	28.11%	Upgrade
Cost of Revenue	4,018,167	3,245,560	8,724,797	9,283,226	9,482,845	Upgrade
Gross Profit	14,182,917	13,250,044	13,185,211	11,512,675	11,368,166	Upgrade
Selling, General & Admin	5,895,337	5,644,160	5,743,088	5,212,473	5,134,674	Upgrade
Other Operating Expenses	2,186,730	1,700,320	1,490,027	1,370,466	1,187,242	Upgrade
Operating Expenses	8,082,067	7,344,480	7,233,115	6,582,939	6,321,916	Upgrade
Operating Income	6,100,850	5,905,564	5,952,096	4,929,736	5,046,250	Upgrade
Other Expense / Income	245,855	-371,191	461,806	259,346	373,629	Upgrade
Pretax Income	5,854,995	6,276,755	5,490,290	4,670,390	4,672,621	Upgrade
Income Tax	1,486,960	1,611,112	1,471,036	1,255,795	1,269,124	Upgrade
Net Income	4,368,035	4,665,643	4,019,254	3,414,595	3,403,497	Upgrade
Net Income Growth	-6.38%	16.08%	17.71%	0.33%	7.82%	Upgrade
Shares Outstanding (Basic)	509	517	516	460	471	Upgrade
Shares Change	-1.51%	0.14%	12.07%	-2.20%	-0.75%	Upgrade
EPS (Basic)	8048.00	8498.00	7308.00	6654.00	7000.00	Upgrade
EPS (Diluted)	8048.00	8498.00	7308.00	6654.00	7000.00	Upgrade
EPS Growth	-5.30%	16.28%	9.83%	-4.94%	6.40%	Upgrade
Free Cash Flow	470,990	7,231,015	3,892,999	-1,036,085	7,069,075	Upgrade
Free Cash Flow Per Share	925.72	13997.33	7546.11	-2250.80	15019.78	Upgrade
Dividend Per Share	1.191	1.547	1.616	1.331	1.507	Upgrade
Dividend Growth	-23.01%	-4.27%	21.41%	-11.68%	8.50%	Upgrade
Gross Margin	77.92%	80.32%	60.18%	55.36%	54.52%	Upgrade
Operating Margin	33.52%	35.80%	27.17%	23.71%	24.20%	Upgrade
Profit Margin	24.00%	28.28%	18.34%	16.42%	16.32%	Upgrade
Free Cash Flow Margin	2.59%	43.84%	17.77%	-4.98%	33.90%	Upgrade
Effective Tax Rate	25.40%	25.67%	26.79%	26.89%	27.16%	Upgrade
EBITDA	7,040,001	7,276,437	6,392,982	5,438,878	5,349,773	Upgrade
EBITDA Margin	38.68%	44.11%	29.18%	26.15%	25.66%	Upgrade
Depreciation & Amortization	1,185,006	999,682	902,692	768,488	677,152	Upgrade
EBIT	5,854,995	6,276,755	5,490,290	4,670,390	4,672,621	Upgrade
EBIT Margin	32.17%	38.05%	25.06%	22.46%	22.41%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).