Sumitomo Mitsui Financial Group, Inc. - Understand $smfg stock

$SMFG Market Cap: $11.98 Trillion

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Financial Snapshot

Revenue

Gross Margin

Net Earnings

$1086B

TTM

Current Assets

Current Liabilities

$35150B

Q2 2024

Current Ratio

Total Assets

$302000B

Q2 2024

Total Liabilities

$287000B

Q2 2024

Book Value

$14950B

Q2 2024

Cash

P/E

11.03

Nov 29, 2024 EST

Free Cash Flow

$251.0B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Revenue
YoY Change

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Revenue
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Selling, General & Admin	$2230B	$1965B	$1802B	$1679B
YoY Change	13.45%	9.09%	7.3%
% of Gross Profit
Research & Development	$0.00	$0.00	$35.00M	$60.00M
YoY Change		-100.0%	-41.67%
% of Gross Profit
Depreciation & Amortization	$293.1B	$267.9B	$241.9B	$227.2B	$226.7B	$294.9B	$306.8B	$304.3B	$266.0B	$248.7B	$230.5B	$209.7B	$186.8B	$177.2B	$155.5B	$131.4B	$497.6B	$419.1B	$425.8B	$434.9B	$414.5B	$412.1B
YoY Change	9.38%	10.75%	6.49%	0.2%	-23.12%	-3.86%	0.82%	14.38%	6.96%	7.92%	9.88%	12.28%	5.41%	13.96%	18.32%	-73.59%	18.73%	-1.57%	-2.09%	4.93%	0.56%
% of Gross Profit
Operating Expenses	$2230B	$1965B	$1802B	$1679B
YoY Change	13.45%	9.09%	7.29%
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2024	2023	2022	2021
Interest Expense	$4054B	$1941B	$303.7B	$397.2B
YoY Change	108.84%	539.09%	-23.54%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Pretax Income	$1342B	$1098B	$929.6B	$672.2B	$888.6B	$1124B	$1109B	$979.3B	$980.2B	$1309B	$1423B	$1064B	$953.0B	$827.3B	$558.1B	$29.50B	$929.0B	$806.8B	$1043B	-$108.5B	$404.9B	-$590.9B
YoY Change	22.2%	18.17%	38.28%	-24.35%	-20.91%	1.33%	13.23%	-0.09%	-25.14%	-7.96%	33.71%	11.65%	15.19%	48.24%	1792.17%	-96.82%	15.14%	-22.67%	-1061.34%	-126.81%	-168.52%
Income Tax	$373.7B	$282.1B	$214.5B	$156.3B	$167.7B	$331.4B	$270.5B	$171.0B	$225.0B	$441.4B	$458.8B	$146.0B	$311.3B	$240.8B	$178.9B	$334.6B	$386.4B	$306.6B	$296.7B	$74.68B	$32.88B	-$159.1B
% Of Pretax Income	27.84%	25.69%	23.08%	23.26%	18.87%	29.5%	24.4%	17.46%	22.96%	33.71%	32.25%	13.72%	32.67%	29.1%	32.05%	1134.58%	41.6%	38.0%	28.44%		8.12%
Net Earnings	$962.9B	$805.8B	$706.6B	$512.8B	$703.9B	$726.7B	$734.4B	$706.5B	$646.7B	$753.6B	$835.4B	$794.1B	$518.5B	$475.9B	$271.6B	-$373.5B	$461.5B	$441.4B	$686.8B	-$234.2B	$330.4B	-$465.4B
YoY Change	19.5%	14.04%	37.79%	-27.15%	-3.14%	-1.05%	3.94%	9.25%	-14.19%	-9.79%	5.2%	53.13%	8.96%	75.25%	-172.71%	-180.92%	4.57%	-35.74%	-393.28%	-170.88%	-171.0%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share	$724.30	$590.30	$515.3M	$374.0M	$511.5M	$519.4M	$520.5M	$515.7M	$472.7M	$550.9M	$611.1M	$586.5M	$374.1M	$341.4M	$250.3M	-$483.8M	$574.1M	$522.3M	$763.2M	-$398.3M	$393.4M	-$815.0M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$1007B	$1495B	$1457B	$1459B	$1450B	$1505B	$3475B	$3102B	$2919B	$2771B	$2347B	$1984B	$1181B	$1169B	$1081B	$1009B	$2246B	$1819B	$1806B	$1843B	$1976B	$2004B
YoY Change	-32.63%	2.56%	-0.12%	0.6%	-3.61%	-56.7%	12.04%	6.24%	5.36%	18.07%	18.3%	68.04%	0.99%	8.12%	7.17%	-55.07%	23.45%	0.7%	-2.0%	-6.72%	-1.42%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$1765B	$1349B	$1187B	$961.7B	$944.6B	$975.8B	$683.2B	$604.5B	$610.4B	$583.7B	$372.4B	$257.9B	$231.2B	$279.8B	$321.9B	$470.0B	$494.1B	$430.1B	$498.7B	$396.0B	$208.2B	$196.3B
YoY Change	30.84%	13.62%	23.43%	1.8%	-3.2%	42.85%	13.0%	-0.96%	4.57%	56.76%	44.4%	11.54%	-17.38%	-13.07%	-31.51%	-4.89%	14.89%	-13.75%	25.93%	90.19%	6.05%
Other Assets	$985.2B	$778.7B	$689.8B	$595.4B	$256.9B	$369.7B	$411.0B	$377.9B	$329.1B	$504.1B	$293.1B	$374.3B	$404.0B	$644.7B	$728.6B	$857.7B	$985.5B	$887.2B	$1052B	$1598B	$1707B	$1957B
YoY Change	26.51%	12.9%	15.85%	131.76%	-30.51%	-10.06%	8.76%	14.83%	-34.71%	71.98%	-21.68%	-7.37%	-37.33%	-11.51%	-15.05%	-12.97%	11.08%	-15.63%	-34.2%	-6.39%	-12.75%
Total Long-Term Assets
YoY Change
Total Assets	$295200B	$270400B	$257700B	$242600B	$219900B	$203700B	$199000B	$197800B	$186600B	$183400B	$161500B	$148700B	$143000B	$137800B	$123200B	$119600B	$112000B	$100900B	$107000B	$99730B	$102200B	$104600B
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$119.9B	$99.56B	$93.96B	$93.93B	$77.23B	$73.44B	$87.91B	$80.42B	$70.92B	$76.70B	$74.34B	$63.89B	$51.39B	$47.67B	$45.78B	$28.17B	$30.44B	$27.51B	$25.30B	$23.82B	$22.23B	$22.08B
YoY Change	20.43%	5.96%	0.03%	21.62%	5.16%	-16.45%	9.31%	13.39%	-7.54%	3.18%	16.35%	24.33%	7.8%	4.14%	62.49%	-7.44%	10.63%	8.75%	6.23%	7.15%	0.67%
Deferred Revenue
YoY Change
Short-Term Debt	$31910B	$27520B	$28040B	$25420B	$24420B	$19480B	$19720B	$17550B	$14610B	$21250B	$15820B	$13070B	$21360B	$21830B	$14900B	$16870B	$15630B	$7986B	$14450B	$12290B	$16590B	$21080B
YoY Change	15.97%	-1.87%	10.32%	4.06%	25.4%	-1.24%	12.38%	20.14%	-31.25%	34.29%	21.05%	-38.81%	-2.16%	46.5%	-11.69%	7.94%	95.74%	-44.74%	17.59%	-25.9%	-21.29%
Long-Term Debt Due	$10.37B	$9.125B	$7.951B
YoY Change	13.67%	14.77%
Total Short-Term Liabilities	$32030B	$27620B	$93.96B	$93.93B	$77.23B	$73.44B	$87.91B	$80.42B	$70.92B	$76.70B	$74.34B	$63.89B	$51.39B	$47.67B	$45.78B	$28.17B	$30.44B	$27.51B	$25.30B	$23.82B	$22.23B	$22.08B
YoY Change	15.99%	29291.72%	0.03%	21.62%	5.16%	-16.45%	9.31%	13.39%	-7.54%	3.18%	16.35%	24.33%	7.8%	4.14%	62.49%	-7.44%	10.63%	8.75%	6.23%	7.15%	0.67%
Long-Term Debt	$27830B	$24040B	$28690B	$26720B	$24450B	$19880B	$19890B	$18920B	$15680B	$16100B	$12110B	$9730B	$4642B	$3866B	$3423B	$3683B	$3969B	$4094B	$4241B	$4339B	$4003B	$3584B
YoY Change	15.75%	-16.2%	7.35%	9.31%	22.94%	-0.01%	5.13%	20.61%	-2.61%	32.95%	24.47%	109.62%	20.07%	12.96%	-7.08%	-7.2%	-3.03%	-3.49%	-2.26%	8.41%	11.7%
Other Long-Term Liabilities	$25470B	$20200B	$15010B	$13320B	$13310B	$9308B	$10980B	$11840B	$12960B	$12540B	$9766B	$10430B	$11490B	$9573B	$8322B	$7457B	$6646B	$4968B	$5572B	$4510B	$5507B	$5533B
YoY Change	26.11%	34.61%	12.69%	0.03%	43.0%	-15.22%	-7.29%	-8.6%	3.32%	28.41%	-6.4%	-9.21%	20.04%	15.03%	11.61%	12.2%	33.79%	-10.84%	23.53%	-18.1%	-0.47%
Total Long-Term Liabilities	$53300B	$44240B	$43690B	$40040B	$37760B	$29190B	$30870B	$30760B	$28640B	$28640B	$21880B	$20160B	$16130B	$13440B	$11740B	$11140B	$10620B	$9061B	$9813B	$8850B	$9510B	$9117B
YoY Change	20.48%	1.25%	9.13%	6.04%	29.34%	-5.42%	0.35%	7.4%	-0.01%	30.92%	8.5%	24.98%	20.05%	14.43%	5.43%	4.94%	17.15%	-7.66%	10.88%	-6.94%	4.31%
Total Liabilities	$280600B	$257700B	$245600B	$230800B	$209100B	$192900B	$188700B	$188100B	$177700B	$174400B	$154300B	$142400B	$137800B	$132700B	$118200B	$117200B	$108400B	$96940B	$102600B	$96960B	$99140B	$102200B
YoY Change	8.86%	4.94%	6.43%	10.33%	8.43%	2.24%	0.32%	5.85%	1.86%	13.07%	8.36%	3.28%	3.86%	12.27%	0.89%	8.11%	11.8%	-5.48%	5.78%	-2.21%	-2.97%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $11.977 Trillion

About SUMITOMO MITSUI FINANCIAL GROUP, INC.

Sumitomo Mitsui Financial Group, Inc. operates as a holding company, which engages in the management of its subsidiaries that provide financial services. The company is headquartered in Chiyoda-Ku, Tokyo-To and currently employs 120,373 full-time employees. The company went IPO on 2002-12-01. The firm has five business segments. The Wholesale segment is engaged in the banking, leasing and securities business, as well as the venture capital business and management consulting services business for domestic large companies. The Retail segment is engaged in the banking, securities, credit cards and consumer finance business, as well as pension management business for domestic individuals and small corporate customers. The Global segment is engaged in the banking, leasing and securities business, as well as swap-related business for overseas Japanese and non-Japanese companies. The Market segment is engaged in the banking, securities and other financial markets related businesses. The Head Office Management segment is engaged in the system development and other businesses.

Industry: Commercial Banks, NEC Peers: