China Minsheng Banking Corp., Ltd.

SHSE:600016 Stock Report

Market Cap: CN¥166.8b

China Minsheng Banking Past Earnings Performance

Past criteria checks 1/6

China Minsheng Banking's earnings have been declining at an average annual rate of -12.3%, while the Banks industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 4.5% per year. China Minsheng Banking's return on equity is 5.1%, and it has net margins of 31.6%.

Key information

-12.3%

Earnings growth rate

-12.3%

EPS growth rate

Banks Industry Growth12.1%
Revenue growth rate-4.5%
Return on equity5.1%
Net Margin31.6%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

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

Earnings and Revenue History

SHSE:600016 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2489,98128,41653,6780
30 Jun 2491,52430,20452,7880
31 Mar 2492,75430,70653,5650
31 Dec 2394,27731,50753,4270
30 Sep 2393,66530,96253,5120
30 Jun 2392,05230,09254,9100
31 Mar 2394,71131,67153,6020
31 Dec 2292,96231,16353,2340
30 Sep 2290,26129,34453,3790
30 Jun 2289,46527,84553,1770
31 Mar 2289,23630,03051,6960
31 Dec 2190,45831,05351,5340
30 Sep 2184,71729,13049,5300
30 Jun 2187,59929,07550,4530
31 Mar 2188,43429,06950,7450
31 Dec 2091,46130,97250,6860
30 Sep 20108,49845,06149,8150
30 Jun 20113,78548,15149,5090
31 Mar 20118,59554,11948,2300
31 Dec 19117,63453,26148,2440
30 Sep 19112,60852,62147,8810
30 Jun 19110,99051,78247,4370
31 Mar 19109,33250,62747,3770
31 Dec 18107,88749,77747,1370
30 Sep 18113,25351,73246,6110
30 Jun 18111,84050,82046,2890
31 Mar 18110,43550,03345,8950
31 Dec 17109,51149,29045,7610
30 Sep 17109,58948,92346,9760
30 Jun 17110,09848,70847,6950
31 Mar 17110,88548,33647,5140
31 Dec 16113,77647,84348,0860
30 Sep 16114,01446,89779,2820
30 Jun 16114,92246,55645,1350
31 Mar 16120,11446,44057,7420
31 Dec 15119,62446,11148,2080
30 Sep 15118,92646,14514,5910
30 Jun 15118,31745,75447,1360
31 Mar 15116,42345,24736,7130
31 Dec 14114,33744,54645,0770
30 Sep 14112,38145,74242,0900
30 Jun 14109,29144,90340,2100
31 Mar 14105,57243,93938,5470
31 Dec 13102,89742,27837,9580

Quality Earnings: 600016 has high quality earnings.

Growing Profit Margin: 600016's current net profit margins (31.6%) are lower than last year (33.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 600016's earnings have declined by 12.3% per year over the past 5 years.

Accelerating Growth: 600016's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 600016 had negative earnings growth (-8.2%) over the past year, making it difficult to compare to the Banks industry average (2.7%).

Return on Equity

High ROE: 600016's Return on Equity (5.1%) 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 Analysis2024/12/17 02:59
End of Day Share Price 2024/12/17 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

China Minsheng Banking Corp., Ltd. is covered by 78 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yu Hang AuABCI Securities Company Limited
Meizhi YanBarclays
Dorris ChenBNP Paribas Securities (Asia)