Shinhan Financial Group Net Debt Growth & History (SHG)
Shinhan Financial Group's net debt was ₩100.19T for fiscal 2025.
View full Shinhan Financial Group company overviewShinhan Financial Group annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | ₩100.19T | ₩84.63T | +543.77% |
| 2024 | 2024-12-31 | ₩15.56T | −₩11.53T | −42.57% |
| 2023 | 2023-12-31 | ₩27.10T | ₩1.61T | +6.32% |
| 2022 | 2022-12-31 | ₩25.49T | ₩6.29T | +32.79% |
| 2021 | 2021-12-31 | ₩19.19T | ₩3.87T | +25.22% |
| 2020 | 2020-12-31 | ₩15.33T | ₩1.84T | +13.67% |
| 2019 | 2019-12-31 | ₩13.49T | −₩8.15T | −37.68% |
| 2018 | 2018-12-31 | ₩21.64T | ₩288.83B | +1.35% |
| 2017 | 2017-12-31 | ₩21.35T | ₩1.69T | +8.59% |
| 2016 | 2016-12-31 | ₩19.66T | — | — |
| 2010 | 2010-12-31 | ₩48.88T | −₩1.27T | −2.53% |
| 2009 | 2009-12-31 | ₩50.15T | −₩21.37T | −29.88% |
| 2008 | 2008-12-31 | ₩71.51T | — | — |
Shinhan Financial Group quarterly net debt
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | ₩89.69T | −₩188.17B | −0.21% |
| Q1 2026 | 2026-03-31 | ₩92.08T | ₩4.82T | +5.52% |
| Q4 2025 | 2025-12-31 | ₩100.19T | ₩84.63T | +543.77% |
| Q3 2025 | 2025-09-30 | ₩84.62T | — | — |
| Q2 2025 | 2025-06-30 | ₩89.88T | — | — |
| Q1 2025 | 2025-03-31 | ₩87.26T | — | — |
| Q4 2024 | 2024-12-31 | ₩15.56T | −₩11.53T | −42.57% |
| Q4 2023 | 2023-12-31 | ₩27.10T | ₩1.61T | +6.32% |
| Q4 2022 | 2022-12-31 | ₩25.49T | ₩6.29T | +32.79% |
| Q4 2021 | 2021-12-31 | ₩19.19T | ₩3.87T | +25.22% |
| Q4 2020 | 2020-12-31 | ₩15.33T | ₩1.84T | +13.67% |
| Q4 2019 | 2019-12-31 | ₩13.49T | −₩8.15T | −37.68% |
| Q4 2018 | 2018-12-31 | ₩21.64T | ₩288.83B | +1.35% |
| Q4 2017 | 2017-12-31 | ₩21.35T | −₩2.13T | −9.07% |
| Q4 2016 | 2016-12-31 | ₩23.48T | — | — |
| Q4 2010 | 2010-12-31 | ₩48.88T | — | — |
Shinhan Financial Group net debt trends
Over the last five fiscal years, Shinhan Financial Group's net debt increased from ₩15.33T to ₩100.19T, a change of ₩84.86T. The latest reported quarter, Q2 2026, shows ₩89.69T.
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Shinhan Financial Group source filings ↗