Shinhan Financial Group (SHG) - Net assets

Net assets on the balance sheet as of June 2024 : A$65.62 Billion

According to Shinhan Financial Group 's latest financial reports the company has A$65.62 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Shinhan Financial Group - Net assets on balance sheet (from 2003 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$63.90 B	2.65%
2022-12-31	$A$62.26 B	6.96%
2021-12-31	$A$58.21 B	4.9%
2020-12-31	$A$55.49 B	7.15%
2019-12-31	$A$51.79 B	11.12%
2018-12-31	$A$46.60 B	15.09%
2017-12-31	$A$40.49 B	10.84%
2016-12-31	$A$36.53 B	-1.66%
2015-12-31	$A$37.15 B	9.14%
2014-12-31	$A$34.04 B	7.23%
2013-12-31	$A$31.74 B	18.45%
2012-12-31	$A$26.80 B	18.62%
2011-12-31	$A$22.59 B	-4.88%
2010-12-31	$A$23.75 B	19.53%
2009-12-31	$A$19.87 B	-3.05%
2008-12-31	$A$20.49 B	-3.04%
2007-12-31	$A$21.14 B	58.02%
2006-12-31	$A$13.37 B	19.98%
2005-12-31	$A$11.15 B	38.49%
2004-12-31	$A$8.05 B	44.81%
2003-12-31	$A$5.55 B	27.59%
2002-12-31	$A$4.35 B	10.52%
2001-12-31	$A$3.94 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
KB Financial Group KB	A$71.95 B	9.65%	🇰🇷 S. Korea
Citigroup C	A$329.23 B	401.69%	🇺🇸 USA
Mizuho Financial Group MFG	A$106.00 B	61.53%	🇯🇵 Japan

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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