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Debt & Specialty Finance
shcap.co.kr

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Investments

105

Portfolio Exits

5

Funds

2

About Shinhan Capital

Shinhan Capital is a credit-granting financial institution, with a special interest in corporate finance. The company's operations grew from leasing, loans, and factoring to include installment financing, new technology project financing, maritime financing, real estate development financing, and corporate restructurings.

Shinhan Capital Headquarter Location

54, Cheonggyecheon-ro Jung-gu

Seoul, 04540,

South Korea

+82-1544-6800

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Latest Shinhan Capital News

Shinhan, KB inches away from posting record annual net income of W4 tril.

Nov 15, 2021

Intellasia East Asia News 15-Nov-2021 Intellasia | KoreaTimes | 5:02 AM As both Shinhan Financial Group and KB Financial Group each recorded record-high quarterly revenues in the third quarter, the two financial giants are expected to post annual net profits exceeding the 4 trillion won ($3.39 billion) mark for the first time. The all-time high quarterly profits are ascribed to the upward movement of key interest rates lately which contributes to the increase of the banks’ profits as well as well-rounded performances by the groups’ non-banking subsidiaries. Yet in terms of cumulative net profits, KB Financial Group is way ahead of Shinhan by 200 billion won until the end of the third quarter. The gap in the cumulative net profit has widened in the third quarter, from 30 billion won previously to 200 billion won. So far this year, Shinhan Financial Group garnered 3.55 trillion won throughout the first three quarters this year, while KB Financial Group reaped 3.77 trillion won during the same period, surpassing that of Shinhan. KB’s lead is mainly attributed to a lead in both its bank and brokerage arms’ performances. KB Kookmin Bank logged a cumulative net profit of 2.2 trillion won by the third quarter, while Shinhan Bank posted 2.1 trillion won during the same year. Likewise, KB Securities kept its predominance with a cumulative net profit of 543 billion won, while Shinhan Financial Investment recorded 367 billion won throughout the first three quarters this year. In card business subsidiaries, Shinhan Financial Group kept a lead over KB Financial Group, as Shinhan Card and Shinhan Capital together logged 747 billion won during the three quarters this year. KB Card and KB Capital posted 544 billion won during the same period. The two financial giants’ performances in the insurance sector, meanwhile, have been somewhat similar. Shinhan Life recorded a cumulative net profit of 401 billion won until the third quarter, as opposed to the 255 billion won net profit posted by KB Group’s Prudential Life Insurance during the same period. But when adding the earnings by KB Insurance, KB Financial Group’s insurance subsidiaries recorded better net profits than Shinhan’s insurance arms did. Despite the slight differences in the cumulative earnings, the two financial groups both proved their strengths in the solid performances of their diverse subsidiaries in both banking and non-banking sectors. And their sound performances are expected to continue throughout the next year. “The banking industry is forecast to enjoy increased profits next year. It is expected that the sector will post a 3.8 percent year-on-year profit increase next year, give than Bank of Korea is expected to raise its key interest rate once again during the first quarter of next year,” said Jeong Tae-joon, an analyst at Yuanta Securities. Banking analysts also positively forecast the outlook for KB Financial Group in particular. “KB Financial Group has not only been proving high and stable profitability, but also showing strengthened digital competitiveness in their mobile app,” explained Eun Kyung-wan, an analyst at Meritz Securities, adding that the group is expected to post an annual net profit of 4.4 trillion won, followed by next year’s forecasted annual net profit of 4.6 trillion won.

Oct 17, 2021
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Shinhan Capital Investments

105 Investments

Shinhan Capital has made 105 investments. Their latest investment was in Victex as part of their Unattributed VC on December 12, 2021.

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Shinhan Capital Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

12/28/2021

Unattributed VC

Victex

$5.89M

Yes

1

12/10/2021

Series A

Business Canvas

$4.23M

No

2

12/7/2021

Series A

BodyCodi

$2.54M

Yes

2

12/7/2021

Seed VC

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10

11/25/2021

Series C

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$99M

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10

Date

12/28/2021

12/10/2021

12/7/2021

12/7/2021

11/25/2021

Round

Unattributed VC

Series A

Series A

Seed VC

Series C

Company

Victex

Business Canvas

BodyCodi

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Amount

$5.89M

$4.23M

$2.54M

$99M

New?

Yes

No

Yes

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Co-Investors

Sources

1

2

2

10

10

Shinhan Capital Portfolio Exits

5 Portfolio Exits

Shinhan Capital has 5 portfolio exits. Their latest portfolio exit was Alchera on December 21, 2020.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

12/21/2020

IPO

1

10/2/2020

IPO

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$99M

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10

6/12/2019

IPO

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10

9/21/2018

IPO

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10

6/15/2018

Corporate Majority

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10

Date

12/21/2020

10/2/2020

6/12/2019

9/21/2018

6/15/2018

Exit

IPO

IPO

IPO

IPO

Corporate Majority

Companies

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Valuation

$99M

Acquirer

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Sources

1

10

10

10

10

Shinhan Capital Fund History

2 Fund Histories

Shinhan Capital has 2 funds, including KoFC Shinhan Frontier Champ 2010-4 PEF.

Closing Date

Fund

Fund Type

Status

Amount

Sources

12/13/2010

KoFC Shinhan Frontier Champ 2010-4 PEF

Expansions & Growth

Closed

$136.48M

1

Shinhan - Venture Business Association Venture Fund

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10

Closing Date

12/13/2010

Fund

KoFC Shinhan Frontier Champ 2010-4 PEF

Shinhan - Venture Business Association Venture Fund

Fund Type

Expansions & Growth

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Status

Closed

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Amount

$136.48M

Sources

1

10

Shinhan Capital Team

2 Team Members

Shinhan Capital has 2 team members, including current Chief Executive Officer, YoungTaeg Heo.

Name

Work History

Title

Status

YoungTaeg Heo

Chief Executive Officer

Current

Young-sup Hwang

Chief Executive Officer, President

Former

Name

YoungTaeg Heo

Young-sup Hwang

Work History

Title

Chief Executive Officer

Chief Executive Officer, President

Status

Current

Former

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