HSBC vs. SHG: HSBC vs. Shinhan Financial Stock Comparison

Company Profile

HSBC (HSBC) and Shinhan Financial (SHG) are both classified in the Diversified Banks sub-industry within the broader Banks industry, placing them in the closest GICS peer bucket.

Both HSBC (HSBC) and Shinhan Financial (SHG) trade as ADRs — their core financials are comparable, but keep FX, depositary-program fees, and dividend withholding in view for each.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

HSBC (HSBC) at 14.22% sits in the top ROE quartile, while Shinhan Financial (SHG) at 8.94% is in the bottom quartile, showing a clear gap in returns on equity.

HSBC (HSBC) at 41.16% keeps a top-quartile share of each sales dollar as profit, while Shinhan Financial (SHG) at 26.15% keeps a bottom-quartile share.

Neither side reports a meaningful operating margin: for HSBC (HSBC) in Banks and Shinhan Financial (SHG) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Growth

Both HSBC (HSBC) at 5.38% and Shinhan Financial (SHG) at 4.66% post bottom-quartile revenue growth versus peers, pointing to weaker demand or pricing momentum than typical rivals.

Shinhan Financial (SHG) at 16.24% is around its peer norm for EPS growth, while HSBC (HSBC) at -3.23% drops into the bottom quartile, signaling weaker earnings momentum.

Growth Metrics

Financial Strength

current ratio doesn’t apply on either side: HSBC (HSBC) in Banks and Shinhan Financial (SHG) in Banks both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.

debt-to-equity ratio is set aside for both: HSBC (HSBC) in Banks and Shinhan Financial (SHG) in Banks run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.

Financial Strength Metrics

Dividends

Shinhan Financial (SHG) at 4,638.28% yields beyond its industry’s entire range — a level that invites a dividend-safety check — while HSBC (HSBC) at 0.86% sits in the bottom quartile of its peers.

Shinhan Financial (SHG) at 25.22% pays out a band-typical share of earnings, while HSBC (HSBC) at 53.57% distributes more than its industry norm — less retained, thinner cover.

Dividend Metrics

Valuation

Shinhan Financial (SHG) at 7.98 sits in the cheaper P/E ratio quartile, while HSBC (HSBC) at 11.38 is closer to its industry’s usual earnings multiple — a discount for SHG, though growth and earnings durability still matter.

P/S ratio is set aside for both HSBC (HSBC) in Banks and Shinhan Financial (SHG) in Banks: without a conventional revenue line, pricing per dollar of sales isn’t meaningful, and book- or earnings-based multiples make the better comparison.

Shinhan Financial (SHG) at 0.66 sits in the lower P/B ratio quartile relative to book while HSBC (HSBC) at 6.87 prices above its industry range — a wide valuation gap against assets.

Valuation Metrics