Shinhan Financial Group Co Gross Margin 2010-2024 | SHG
- Shinhan Financial Group Co average gross margin for 2023 was 56.9%, a 25.37% decline from 2022.
- Shinhan Financial Group Co average gross margin for 2022 was 76.24%, a 2.17% decline from 2021.
- Shinhan Financial Group Co average gross margin for 2021 was 74.62%, a 2.84% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.