New Risk • May 05
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 4.2% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Reported Earnings • May 01
Third quarter 2025 earnings released: EPS: CN¥0.30 (vs CN¥0.34 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.30. Revenue: CN¥2.80b (flat on 3Q 2024). Net income: CN¥1.58b (up 7.9% from 3Q 2024). Profit margin: 56% (up from 52% in 3Q 2024). Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Banks industry in China. Announcement • Apr 29
Bank of Suzhou Co., Ltd., Annual General Meeting, May 25, 2026 Bank of Suzhou Co., Ltd., Annual General Meeting, May 25, 2026, at 15:00 China Standard Time. Location: 4F, No. 728, Zhongyuan Road, Suzhou Industrial Park, Jiangsu China Announcement • Mar 31
Bank of Suzhou Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Bank of Suzhou Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Announcement • Mar 04
Bank of Suzhou Co., Ltd. Elects New Directors Bank of Suzhou Co., Ltd. held its 1st Extraordinary General Meeting of 2026 on March 2, 2026, during which several proposals were approved regarding the election of directors. The meeting approved the election of non-independent director using a cumulative voting system. The elected non-independent director is Mao Zhuchun. Additionally, the meeting approved the election of independent directors, also using a cumulative voting system. The elected independent directors are Xia Ping, and Zhao Xin. These elections reflect changes in the board composition of Bank of Suzhou, impacting the governance and strategic direction of the company. Announcement • Dec 31
Bank of Suzhou Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Bank of Suzhou Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Buy Or Sell Opportunity • Dec 05
Now 20% undervalued Over the last 90 days, the stock has risen 2.0% to CN¥8.19. The fair value is estimated to be CN¥10.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.7% over the last 3 years. Earnings per share has grown by 6.1%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 20% in the next 2 years. Price Target Changed • Nov 24
Price target increased by 7.1% to CN¥9.62 Up from CN¥8.98, the current price target is an average from 5 analysts. New target price is 18% above last closing price of CN¥8.14. Stock is up 4.8% over the past year. The company is forecast to post earnings per share of CN¥1.23 for next year compared to CN¥1.31 last year. Buy Or Sell Opportunity • Nov 17
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.6% to CN¥8.12. The fair value is estimated to be CN¥10.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.7% over the last 3 years. Earnings per share has grown by 6.1%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 20% in the next 2 years. Declared Dividend • Nov 12
Dividend increased to CN¥0.21 Dividend of CN¥0.21 is 5.0% higher than last year. Ex-date: 17th November 2025 Payment date: 17th November 2025 Dividend yield will be 4.8%, which is lower than the industry average of 5.5%. Sustainability & Growth Dividend is well covered by earnings (33% payout ratio) and is expected to be well covered in 3 years' time (33% forecast payout ratio). The dividend has increased by an average of 14% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 17% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 01
Third quarter 2025 earnings released: EPS: CN¥0.30 (vs CN¥0.34 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.30. Revenue: CN¥2.84b (up 3.5% from 3Q 2024). Net income: CN¥1.58b (up 7.9% from 3Q 2024). Profit margin: 56% (up from 53% in 3Q 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Banks industry in China. Announcement • Sep 30
Bank of Suzhou Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Bank of Suzhou Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Reported Earnings • Aug 31
Second quarter 2025 earnings released: EPS: CN¥0.32 (vs CN¥0.37 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.32 (down from CN¥0.37 in 2Q 2024). Revenue: CN¥2.95b (up 1.9% from 2Q 2024). Net income: CN¥1.35b (down 2.3% from 2Q 2024). Profit margin: 46% (down from 48% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Banks industry in China. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 8% per year. Announcement • Jul 02
Bank of Suzhou Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Bank of Suzhou Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Declared Dividend • May 31
Dividend of CN¥0.20 announced Shareholders will receive a dividend of CN¥0.20. Ex-date: 5th June 2025 Payment date: 5th June 2025 Dividend yield will be 4.6%, which is lower than the industry average of 5.5%. Sustainability & Growth Dividend is well covered by earnings (31% payout ratio) and is expected to be well covered in 3 years' time (34% forecast payout ratio). The dividend has increased by an average of 17% per year over the past 5 years and payments have been stable during that time. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 27
Bank of Suzhou Co., Ltd. Approves Final Cash Dividend on A Shares for 2024, Payable on June 5, 2025 Bank of Suzhou Co., Ltd. at its Annual General Meeting of 2024 on 23 May 2025 approved: final Cash dividend on (A Shares): Cash dividend per 10 shares (tax included) of CNY 2.00000000 for 2024 for 2024.Record date: 04 June 2025,Ex-date: 05 June 2025,Payment date: 05 June 2025. Reported Earnings • May 01
Third quarter 2024 earnings released: EPS: CN¥0.34 (vs CN¥0.30 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.34 (up from CN¥0.30 in 3Q 2023). Revenue: CN¥2.75b (up 4.2% from 3Q 2023). Net income: CN¥1.46b (up 18% from 3Q 2023). Profit margin: 53% (up from 47% in 3Q 2023). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 4 years, compared to a 12% growth forecast for the Banks industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Apr 29
Bank of Suzhou Co., Ltd., Annual General Meeting, May 23, 2025 Bank of Suzhou Co., Ltd., Annual General Meeting, May 23, 2025, at 15:00 China Standard Time. New Risk • Apr 12
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 22% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company. Announcement • Apr 01
Bank of Suzhou Co., Ltd. Appoints Chen Wenying as Shareholder Director Bank of Suzhou Co., Ltd. held its 1st Extraordinary General Meeting of 2025 on 28 March 2025, during which were approved Election of Chen Wenying as a shareholder director. Announcement • Mar 31
Bank of Suzhou Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Bank of Suzhou Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Dec 31
Bank of Suzhou Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Bank of Suzhou Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: CN¥0.34 (vs CN¥0.30 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.34 (up from CN¥0.30 in 3Q 2023). Revenue: CN¥2.75b (up 4.2% from 3Q 2023). Net income: CN¥1.46b (up 18% from 3Q 2023). Profit margin: 53% (up from 47% in 3Q 2023). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Banks industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Bank of Suzhou Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Bank of Suzhou Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥8.09, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 5x in the Banks industry in China. Total returns to shareholders of 50% over the past three years. Announcement • Sep 24
Bank of Suzhou Co., Ltd. Approves Board and Shareholder Supervisor Elections Bank of Suzhou Co., Ltd. at its EGM held on September 20, 2024 approved Election of Zhao Gang as executive director, Wang Bin and shareholder supervisor as a shareholder supervisor. Reported Earnings • Sep 02
Second quarter 2024 earnings released: EPS: CN¥0.37 (vs CN¥0.37 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.37. Revenue: CN¥2.95b (up 13% from 2Q 2023). Net income: CN¥1.61b (up 32% from 2Q 2023). Profit margin: 55% (up from 47% in 2Q 2023). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Banks industry in China. Announcement • Jun 29
Bank of Suzhou Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024 Bank of Suzhou Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 Declared Dividend • May 31
Dividend increased to CN¥0.39 Dividend of CN¥0.39 is 18% higher than last year. Ex-date: 6th June 2024 Payment date: 6th June 2024 Dividend yield will be 4.9%, which is lower than the industry average of 5.5%. Sustainability & Growth The dividend has increased by an average of 21% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 30
Bank of Suzhou Co., Ltd. Announces Final Dividend on A Shares for 2023, Payable on 06 June 2024 Bank of Suzhou Co., Ltd. announced final cash dividend of CNY 3.90000000 per 10 A shares (tax included) for 2023. Record date: 05 June 2024. Ex-date: 06 June 2024. Payment date: 06 June 2024. Announcement • May 01
Bank of Suzhou Co., Ltd., Annual General Meeting, May 24, 2024 Bank of Suzhou Co., Ltd., Annual General Meeting, May 24, 2024, at 15:00 China Standard Time. Location: 4F, No. 728, Zhongyuan Road, Suzhou Industrial Park, Suzhou, Jiangsu China Reported Earnings • Apr 27
Full year 2023 earnings: Revenues miss analyst expectations Full year 2023 results: Revenue: CN¥10.2b (up 16% from FY 2022). Net income: CN¥4.60b (up 17% from FY 2022). Profit margin: 45% (in line with FY 2022). Revenue missed analyst estimates by 2.8%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Banks industry in China. Announcement • Mar 30
Bank of Suzhou Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Bank of Suzhou Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Announcement • Dec 30
Bank of Suzhou Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024 Bank of Suzhou Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024 Price Target Changed • Nov 22
Price target decreased by 7.2% to CN¥8.69 Down from CN¥9.36, the current price target is an average from 8 analysts. New target price is 38% above last closing price of CN¥6.31. Stock is down 12% over the past year. The company is forecast to post earnings per share of CN¥1.30 for next year compared to CN¥1.07 last year. Reported Earnings • Oct 25
Third quarter 2023 earnings released: EPS: CN¥0.30 (vs CN¥0.26 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.30 (up from CN¥0.26 in 3Q 2022). Revenue: CN¥2.64b (up 19% from 3Q 2022). Net income: CN¥1.24b (up 35% from 3Q 2022). Profit margin: 47% (up from 42% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Banks industry in China. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Oct 24
Bank of Suzhou Co., Ltd. Elects Li Wei as an Executive Director Bank of Suzhou Co., Ltd. announced that the Company held its 2nd Extraordinary General Meeting of 2023 on 20 October 2023, during which the following proposal was approved: Election of Li Wei as an executive director. Announcement • Sep 30
Bank of Suzhou Co., Ltd. to Report Q3, 2023 Results on Oct 24, 2023 Bank of Suzhou Co., Ltd. announced that they will report Q3, 2023 results on Oct 24, 2023 Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.37 (vs CN¥0.35 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.37 (up from CN¥0.35 in 2Q 2022). Revenue: CN¥2.73b (up 18% from 2Q 2022). Net income: CN¥1.34b (up 21% from 2Q 2022). Profit margin: 49% (up from 48% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Banks industry in China. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Jul 01
Bank of Suzhou Co., Ltd. to Report Q2, 2023 Results on Aug 22, 2023 Bank of Suzhou Co., Ltd. announced that they will report Q2, 2023 results on Aug 22, 2023 Price Target Changed • Jun 29
Price target decreased by 7.4% to CN¥9.85 Down from CN¥10.64, the current price target is an average from 8 analysts. New target price is 51% above last closing price of CN¥6.52. Stock is up 6.9% over the past year. The company is forecast to post earnings per share of CN¥1.30 for next year compared to CN¥1.07 last year. Announcement • May 25
Bank of Suzhou Co., Ltd. Implements Final Profit Distribution Plan of A Shares, Payable on 31 May 2023 Bank of Suzhou Co., Ltd. announced 2022 final profit distribution plan to be implemented (A shares) as Cash dividend/10 shares (tax included): CNY 3.30000000. Record date: 30 May 2023, Ex-date: 31 May 2023, Payment date: 31 May 2023. Announcement • May 19
Bank of Suzhou Co., Ltd. Approves Cash Dividend for 2022 Bank of Suzhou Co., Ltd. approved cash dividend per 10 shares (tax included) of CNY 3.30000000 for 2022 at its annual general meeting held on 15 May 2023. Announcement • Feb 01
Bank of Suzhou Co., Ltd. (SZSE:002966) acquired structural savings of Bank of Suzhou from Darfon Electronics (Suzhou) Co., Ltd. for CNY 88.102666 million. Bank of Suzhou Co., Ltd. (SZSE:002966) acquired structural savings of Bank of Suzhou from Darfon Electronics (Suzhou) Co., Ltd. for CNY 88.102666 million on January 31, 2023.Bank of Suzhou Co., Ltd. (SZSE:002966) completed the acquisition of structural savings of Bank of Suzhou from Darfon Electronics (Suzhou) Co., Ltd. for CNY 88.102666 million on January 31, 2023. Price Target Changed • Nov 16
Price target increased to CN¥9.45 Up from CN¥8.78, the current price target is an average from 4 analysts. New target price is 34% above last closing price of CN¥7.03. Stock is up 14% over the past year. The company is forecast to post earnings per share of CN¥1.09 for next year compared to CN¥0.85 last year. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.26 (vs CN¥0.20 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.26 (up from CN¥0.20 in 3Q 2021). Revenue: CN¥2.32b (up 31% from 3Q 2021). Net income: CN¥923.4m (up 28% from 3Q 2021). Profit margin: 40% (in line with 3Q 2021). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Banks industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Price Target Changed • Aug 26
Price target decreased to CN¥8.78 Down from CN¥9.92, the current price target is an average from 5 analysts. New target price is 37% above last closing price of CN¥6.40. Stock is up 1.3% over the past year. The company is forecast to post earnings per share of CN¥1.08 for next year compared to CN¥0.85 last year. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.35 (vs CN¥0.23 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.35 (up from CN¥0.23 in 2Q 2021). Revenue: CN¥2.38b (up 32% from 2Q 2021). Net income: CN¥1.10b (up 30% from 2Q 2021). Profit margin: 46% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 51%, compared to a 56% growth forecast for the Banks industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • May 08
Bank of Suzhou Co., Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payment Date: 11 May 2022 Bank of Suzhou Co., Ltd. announced 2021 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 2.80000000, Bonus issue from profit (share/10 shares): none, Bonus issue from capital reserve (share/10 shares): 1.000000. Record date: 10 May 2022, Ex-date: 11 May 2022, Payment date: 11 May 2022. Listing date of the bonus issues: 11 May 2022. 10% withholding tax on cash dividend will be deducted in CNY within the cash dividend receivable. Please refer to below details: Tax on cash dividend/10 shares: CNY 0.28000000(10% x CNY 2.80000000). Net cash dividend/10 shares after tax: CNY 2.52000000(CNY 2.80000000- CNY 0.28000000). Announcement • Apr 27
Bank of Suzhou Co., Ltd. Elects Li Jianqi as a Shareholder Director Bank of Suzhou Co., Ltd., at the AGM held on 22 April 2022 elected Li Jianqi as a shareholder director. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Director Jianfang Ye was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 26
Bank of Suzhou Co., Ltd. Approves Cash Dividend for 2021 Bank of Suzhou Co., Ltd., at the AGM held on 22 April 2022 approved Cash dividend/10 shares (tax included) of CNY 2.80000000 for 2021. Announcement • Apr 07
Bank of Suzhou Co., Ltd., Annual General Meeting, Apr 22, 2022 Bank of Suzhou Co., Ltd., Annual General Meeting, Apr 22, 2022. Reported Earnings • Apr 03
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.93 (up from CN¥0.77 in FY 2020). Revenue: CN¥7.49b (up 17% from FY 2020). Net income: CN¥3.11b (up 21% from FY 2020). Profit margin: 42% (up from 40% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 7.8%. Over the next year, revenue is forecast to grow 63%, compared to a 49% growth forecast for the banks industry in China. Announcement • Mar 30
Bank of Suzhou Co., Ltd. Proposes Cash Dividend for 2021 Bank of Suzhou Co., Ltd. proposed Cash dividend/10 shares (tax included) of CNY 2.80000000. Buying Opportunity • Mar 08
Now 22% undervalued Over the last 90 days, the stock is up 5.0%. The fair value is estimated to be CN¥9.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.9% per annum over the last 3 years. Earnings per share has grown by 3.5% per annum over the last 3 years. Price Target Changed • Feb 27
Price target increased to CN¥10.44 Up from CN¥9.58, the current price target is an average from 6 analysts. New target price is 47% above last closing price of CN¥7.08. Stock is down 9.2% over the past year. The company is forecast to post earnings per share of CN¥0.92 for next year compared to CN¥0.77 last year. Reported Earnings • Nov 03
Third quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.18 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥1.83b (up 14% from 3Q 2020). Net income: CN¥721.8m (up 20% from 3Q 2020). Profit margin: 39% (up from 38% in 3Q 2020). The increase in margin was driven by higher revenue. Price Target Changed • Sep 08
Price target decreased to CN¥9.58 Down from CN¥10.47, the current price target is an average from 4 analysts. New target price is 35% above last closing price of CN¥7.08. Stock is down 14% over the past year. Reported Earnings • Sep 04
Second quarter 2021 earnings released: EPS CN¥0.25 (vs CN¥0.22 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥1.80b (up 7.6% from 2Q 2020). Net income: CN¥850.6m (up 18% from 2Q 2020). Profit margin: 47% (up from 43% in 2Q 2020). Board Change • Aug 15
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Director Jianfang Ye was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 22
Bank of Suzhou Co., Ltd. Announces the Implementation of Final Distribution Plan for A Shares for the Year 2020, Payable on 27 May 2021 Bank of Suzhou Co., Ltd. announced the implementation of final distribution plan for A shares as cash dividend per 10 shares (tax included) of CNY 2.40000000 for the year 2020. Record date is 26 May 2021, Ex-date is 27 May 2021 and Payment date is 27 May 2021. Announcement • May 21
Bank of Suzhou Co., Ltd. Approves Final Cash Dividend for the Year 2020 Bank of Suzhou Co., Ltd. approved final cash dividend/10 shares (tax included): CNY 2.40000000 for the year 2020. Reported Earnings • May 01
Full year 2020 earnings released: EPS CN¥0.77 (vs CN¥0.79 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥6.50b (up 2.3% from FY 2019). Net income: CN¥2.57b (up 4.0% from FY 2019). Profit margin: 40% (in line with FY 2019). Price Target Changed • May 01
Price target increased to CN¥11.35 Up from CN¥9.85, the current price target is provided by 1 analyst. New target price is 51% above last closing price of CN¥7.53. Stock is down 12% over the past year. Announcement • Apr 29
Bank of Suzhou Co., Ltd. Proposes Final Cash Dividend for the Year 2020 Bank of Suzhou Co., Ltd. proposed final cash dividend/10 shares (tax included): CNY 2.40000000 for the year 2020. Reported Earnings • Nov 04
Third quarter 2020 earnings released: EPS CN¥0.18 The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: CN¥1.61b (up 4.7% from 3Q 2019). Net income: CN¥603.6m (down 3.8% from 3Q 2019). Profit margin: 38% (down from 41% in 3Q 2019). The decrease in margin was driven by higher expenses. Is New 90 Day High Low • Oct 29
New 90-day low: CN¥7.57 The company is down 12% from its price of CN¥8.56 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 10.0% over the same period. Announcement • Aug 04
Bank of Suzhou Co., Ltd. to Report First Half, 2020 Results on Aug 25, 2020 Bank of Suzhou Co., Ltd. announced that they will report first half, 2020 results on Aug 25, 2020 
