Shinhan Financial Group (SHG) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$70.94 Billion

According to Shinhan Financial Group 's latest financial reports the company has NZ$70.94 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
2022-12-31	$NZ$63.86 B	4.79%
2021-12-31	$NZ$60.95 B	3.07%
2020-12-31	$NZ$59.13 B	9.83%
2019-12-31	$NZ$53.84 B	10%
2018-12-31	$NZ$48.94 B	9.96%
2017-12-31	$NZ$44.51 B	17.09%
2016-12-31	$NZ$38.01 B	-3.86%
2015-12-31	$NZ$39.54 B	11.21%
2014-12-31	$NZ$35.55 B	3.19%
2013-12-31	$NZ$34.45 B	1.78%
2012-12-31	$NZ$33.85 B	14.06%
2011-12-31	$NZ$29.68 B	-5.09%
2010-12-31	$NZ$31.27 B	27.25%
2009-12-31	$NZ$24.57 B	-1.37%
2008-12-31	$NZ$24.92 B	3.28%
2007-12-31	$NZ$24.12 B	61.19%
2006-12-31	$NZ$14.96 B	25.41%
2005-12-31	$NZ$11.93 B	36.7%
2004-12-31	$NZ$8.73 B	37.35%
2003-12-31	$NZ$6.35 B	30.54%
2002-12-31	$NZ$4.87 B	-3.2%
2001-12-31	$NZ$5.03 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
KB Financial Group KB	NZ$73.67 B	3.85%	🇰🇷 S. Korea
Citigroup C	NZ$356.83 B	402.98%	🇺🇸 USA
Mizuho Financial Group MFG	NZ$109.90 B	54.91%	🇯🇵 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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