Agricultural Bank of China Past Earnings Performance
Past criteria checks 3/6
Agricultural Bank of China has been growing earnings at an average annual rate of 5.7%, while the Banks industry saw earnings growing at 19.6% annually. Revenues have been growing at an average rate of 3.5% per year. Agricultural Bank of China's return on equity is 9.2%, and it has net margins of 46%.
Key information
5.7%
Earnings growth rate
5.6%
EPS growth rate
| Banks Industry Growth | 4.6% |
| Revenue growth rate | 3.5% |
| Return on equity | 9.2% |
| Net Margin | 46.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Agricultural Bank of China makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 565,302 | 260,309 | 241,411 | 0 |
| 30 Jun 24 | 562,461 | 255,951 | 241,411 | 0 |
| 31 Mar 24 | 557,445 | 252,125 | 241,411 | 0 |
| 31 Dec 23 | 559,761 | 253,293 | 241,411 | 0 |
| 30 Sep 23 | 560,655 | 251,811 | 233,660 | 0 |
| 30 Jun 23 | 555,793 | 246,475 | 233,660 | 0 |
| 31 Mar 23 | 550,539 | 243,226 | 233,660 | 0 |
| 31 Dec 22 | 550,017 | 241,993 | 233,660 | 0 |
| 30 Sep 22 | 545,029 | 238,214 | 250,281 | 0 |
| 30 Jun 22 | 543,410 | 233,859 | 250,281 | 0 |
| 31 Mar 22 | 543,925 | 231,845 | 250,281 | 0 |
| 31 Dec 21 | 555,860 | 227,385 | 250,281 | 0 |
| 30 Sep 21 | 538,759 | 227,769 | 220,216 | 0 |
| 30 Jun 21 | 524,098 | 219,839 | 220,216 | 0 |
| 31 Mar 21 | 496,835 | 208,069 | 220,216 | 0 |
| 31 Dec 20 | 494,633 | 206,395 | 220,216 | 0 |
| 30 Sep 20 | 478,644 | 192,162 | 214,512 | 0 |
| 30 Jun 20 | 480,404 | 194,887 | 214,512 | 0 |
| 31 Mar 20 | 501,768 | 210,434 | 214,512 | 0 |
| 31 Dec 19 | 490,745 | 207,498 | 214,512 | 0 |
| 30 Sep 19 | 480,533 | 207,243 | 204,595 | 0 |
| 30 Jun 19 | 475,369 | 203,839 | 204,595 | 0 |
| 31 Mar 19 | 473,674 | 200,698 | 204,595 | 0 |
| 31 Dec 18 | 465,910 | 198,183 | 204,595 | 0 |
| 30 Sep 18 | 461,928 | 199,963 | 199,617 | 0 |
| 30 Jun 18 | 451,744 | 195,558 | 199,617 | 0 |
| 31 Mar 18 | 443,350 | 191,388 | 161,208 | 0 |
| 31 Dec 17 | 444,833 | 188,362 | 199,617 | 0 |
| 30 Sep 17 | 435,540 | 185,181 | 186,465 | 0 |
| 30 Jun 17 | 432,536 | 182,786 | 186,465 | 0 |
| 31 Mar 17 | 427,580 | 180,363 | 224,874 | 0 |
| 31 Dec 16 | 423,683 | 179,341 | 186,465 | 0 |
| 30 Sep 16 | 432,576 | 179,142 | 185,033 | 0 |
| 30 Jun 16 | 445,471 | 179,015 | 99,633 | 0 |
| 31 Mar 16 | 456,997 | 178,754 | 185,033 | 0 |
| 31 Dec 15 | 456,690 | 178,182 | 185,033 | 0 |
| 30 Sep 15 | 458,232 | 180,232 | 182,285 | 0 |
| 30 Jun 15 | 454,200 | 179,744 | 267,685 | 0 |
| 31 Mar 15 | 453,403 | 180,147 | 182,285 | 0 |
| 31 Dec 14 | 456,182 | 179,461 | 182,285 | 0 |
| 30 Sep 14 | 442,115 | 180,766 | 166,755 | 0 |
| 30 Jun 14 | 438,191 | 177,995 | 88,646 | 0 |
| 31 Mar 14 | 428,730 | 172,734 | 166,755 | 0 |
| 31 Dec 13 | 412,795 | 166,315 | 166,755 | 0 |
Quality Earnings: EK7 has high quality earnings.
Growing Profit Margin: EK7's current net profit margins (46%) are higher than last year (44.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: EK7's earnings have grown by 5.7% per year over the past 5 years.
Accelerating Growth: EK7's earnings growth over the past year (3.4%) is below its 5-year average (5.7% per year).
Earnings vs Industry: EK7 earnings growth over the past year (3.4%) did not outperform the Banks industry 13.9%.
Return on Equity
High ROE: EK7's Return on Equity (9.2%) is considered low.