Wuxi Rural Commercial BankLtd Past Earnings Performance
Past criteria checks 3/6
Wuxi Rural Commercial BankLtd has been growing earnings at an average annual rate of 14.3%, while the Banks industry saw earnings growing at 11.2% annually. Revenues have been growing at an average rate of 11.5% per year. Wuxi Rural Commercial BankLtd's return on equity is 10.2%, and it has net margins of 56%.
Key information
14.3%
Earnings growth rate
11.5%
EPS growth rate
| Banks Industry Growth | 12.1% |
| Revenue growth rate | 11.5% |
| Return on equity | 10.2% |
| Net Margin | 56.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Wuxi Rural Commercial BankLtd 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 |
|---|---|---|---|---|
| 31 Mar 24 | 3,848 | 2,153 | 1,485 | 0 |
| 31 Dec 23 | 3,790 | 2,101 | 1,460 | 0 |
| 30 Sep 23 | 3,880 | 2,135 | 1,510 | 0 |
| 30 Jun 23 | 3,849 | 2,113 | 1,409 | 0 |
| 31 Mar 23 | 3,685 | 2,005 | 1,412 | 0 |
| 31 Dec 22 | 3,547 | 1,902 | 1,388 | 0 |
| 30 Sep 22 | 3,335 | 1,753 | 1,338 | 0 |
| 30 Jun 22 | 3,267 | 1,718 | 1,320 | 0 |
| 31 Mar 22 | 3,115 | 1,587 | 1,252 | 0 |
| 31 Dec 21 | 3,040 | 1,505 | 1,250 | 0 |
| 30 Sep 21 | 2,915 | 1,505 | 1,177 | 0 |
| 30 Jun 21 | 2,742 | 1,419 | 1,103 | 0 |
| 31 Mar 21 | 2,591 | 1,332 | 1,058 | 0 |
| 31 Dec 20 | 2,578 | 1,312 | 1,056 | 0 |
| 30 Sep 20 | 2,539 | 1,292 | 1,042 | 0 |
| 30 Jun 20 | 2,546 | 1,282 | 1,046 | 0 |
| 31 Mar 20 | 2,628 | 1,288 | 1,096 | 0 |
| 31 Dec 19 | 2,536 | 1,250 | 1,048 | 0 |
| 30 Sep 19 | 2,413 | 1,193 | 990 | 0 |
| 30 Jun 19 | 2,375 | 1,161 | 972 | 0 |
| 31 Mar 19 | 2,324 | 1,132 | 951 | 0 |
| 31 Dec 18 | 2,273 | 1,096 | 930 | 0 |
| 30 Sep 18 | 2,275 | 1,086 | 888 | 0 |
| 30 Jun 18 | 2,223 | 1,052 | 875 | 0 |
| 31 Mar 18 | 2,189 | 1,024 | 878 | 0 |
| 31 Dec 17 | 2,136 | 995 | 855 | 0 |
| 30 Sep 17 | 2,038 | 966 | 832 | 0 |
| 30 Jun 17 | 2,019 | 942 | 833 | 0 |
| 31 Mar 17 | 1,995 | 915 | 821 | 0 |
| 31 Dec 16 | 1,976 | 893 | 812 | 0 |
| 30 Sep 16 | 2,030 | 892 | 801 | 0 |
| 30 Jun 16 | 2,011 | 878 | 774 | 0 |
| 31 Mar 16 | 1,986 | 835 | 765 | 0 |
| 31 Dec 15 | 2,016 | 833 | 763 | 0 |
| 31 Dec 14 | 1,941 | 926 | 697 | 0 |
| 31 Dec 13 | 1,900 | 925 | 597 | 0 |
Quality Earnings: 600908 has high quality earnings.
Growing Profit Margin: 600908's current net profit margins (56%) are higher than last year (54.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 600908's earnings have grown by 14.3% per year over the past 5 years.
Accelerating Growth: 600908's earnings growth over the past year (7.4%) is below its 5-year average (14.3% per year).
Earnings vs Industry: 600908 earnings growth over the past year (7.4%) did not outperform the Banks industry 7.4%.
Return on Equity
High ROE: 600908's Return on Equity (10.2%) is considered low.