Bank of China Past Earnings Performance

Past criteria checks 2/6

Bank of China has been growing earnings at an average annual rate of 5.2%, while the Banks industry saw earnings growing at 21.2% annually. Revenues have been growing at an average rate of 3.9% per year. Bank of China's return on equity is 8.6%, and it has net margins of 40.9%.

Key information

5.2%

Earnings growth rate

5.2%

EPS growth rate

Banks Industry Growth4.6%
Revenue growth rate3.9%
Return on equity8.6%
Net Margin40.9%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Bank of China makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

WBAG:BOCN Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24531,784217,513177,5030
30 Jun 24516,543215,114177,5030
31 Mar 24511,219214,934177,5030
31 Dec 23518,276216,608177,5030
30 Sep 23505,778215,781169,3130
30 Jun 23501,300214,033169,3130
31 Mar 23502,709213,389169,3130
31 Dec 22488,475213,103169,3130
30 Sep 22494,620214,565170,6020
30 Jun 22499,474212,260170,6020
31 Mar 22496,506209,296170,6020
31 Dec 21503,065205,908170,6020
30 Sep 21488,366198,653151,1490
30 Jun 21480,171192,737151,1490
31 Mar 21460,273182,247151,1490
31 Dec 20450,760180,841151,1490
30 Sep 20424,767166,711179,8190
30 Jun 20424,859167,448179,8190
31 Mar 20449,699182,197179,8190
31 Dec 19447,378180,579179,8190
30 Sep 19439,013179,600141,6100
30 Jun 19423,399178,255141,6100
31 Mar 19406,673175,259141,6100
31 Dec 18403,593173,295141,6100
30 Sep 18401,247173,421136,9630
30 Jun 18396,794171,051136,9630
31 Mar 18398,301168,005136,9630
31 Dec 17394,990165,653136,9630
30 Sep 17403,502168,553135,8200
30 Jun 17404,217168,513135,8200
31 Mar 17395,602157,890135,8200
31 Dec 16395,482157,860135,8200
30 Sep 16409,569169,10193,5420
30 Jun 16416,674168,12493,5420
31 Mar 16413,918166,61493,5420
31 Dec 15414,303165,83393,5420
30 Sep 15411,490170,00791,1030
30 Jun 15410,727170,61791,1030
31 Mar 15410,262170,07091,1030
31 Dec 14407,515169,59591,1030
30 Sep 14403,610167,83486,3600
30 Jun 14398,318165,91486,3600
31 Mar 14390,944162,44086,3600
31 Dec 13383,337156,91186,3600

Quality Earnings: BOCN has high quality earnings.

Growing Profit Margin: BOCN's current net profit margins (40.9%) are lower than last year (42.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: BOCN's earnings have grown by 5.2% per year over the past 5 years.

Accelerating Growth: BOCN's earnings growth over the past year (0.8%) is below its 5-year average (5.2% per year).

Earnings vs Industry: BOCN earnings growth over the past year (0.8%) did not outperform the Banks industry 13.9%.


Return on Equity

High ROE: BOCN's Return on Equity (8.6%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 10:03
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Bank of China Limited is covered by 74 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Meizhi YanBarclays
Dorris ChenBNP Paribas Securities (Asia)
Wenzhou HuBOCI Research Ltd.