Jiangsu Changshu Rural Commercial Bank Past Earnings Performance
Past criteria checks 5/6
Jiangsu Changshu Rural Commercial Bank has been growing earnings at an average annual rate of 17.1%, while the Banks industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 12.5% per year. Jiangsu Changshu Rural Commercial Bank's return on equity is 13.5%, and it has net margins of 45%.
Key information
17.1%
Earnings growth rate
16.3%
EPS growth rate
| Banks Industry Growth | 12.1% |
| Revenue growth rate | 12.5% |
| Return on equity | 13.5% |
| Net Margin | 45.0% |
| Last Earnings Update | 30 Sep 2024 |
Revenue & Expenses Breakdown
How Jiangsu Changshu Rural Commercial Bank 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 | 8,301 | 3,739 | 3,627 | 0 |
| 30 Jun 24 | 8,028 | 3,566 | 3,560 | 0 |
| 31 Mar 24 | 7,948 | 3,439 | 3,623 | 0 |
| 31 Dec 23 | 7,746 | 3,282 | 3,639 | 0 |
| 30 Sep 23 | 7,724 | 3,183 | 3,747 | 0 |
| 30 Jun 23 | 7,442 | 2,994 | 3,719 | 0 |
| 31 Mar 23 | 7,134 | 2,880 | 3,559 | 0 |
| 31 Dec 22 | 6,813 | 2,744 | 3,398 | 0 |
| 30 Sep 22 | 6,754 | 2,607 | 3,494 | 0 |
| 30 Jun 22 | 6,410 | 2,388 | 3,408 | 0 |
| 31 Mar 22 | 6,162 | 2,313 | 3,259 | 0 |
| 31 Dec 21 | 5,922 | 2,188 | 3,169 | 0 |
| 30 Sep 21 | 5,716 | 2,069 | 3,094 | 0 |
| 30 Jun 21 | 5,378 | 1,938 | 2,915 | 0 |
| 31 Mar 21 | 5,168 | 1,828 | 2,851 | 0 |
| 31 Dec 20 | 5,098 | 1,803 | 2,815 | 0 |
| 30 Sep 20 | 5,007 | 1,809 | 2,731 | 0 |
| 30 Jun 20 | 4,997 | 1,797 | 2,657 | 0 |
| 31 Mar 20 | 4,941 | 1,848 | 2,555 | 0 |
| 31 Dec 19 | 4,785 | 1,785 | 2,465 | 0 |
| 30 Sep 19 | 4,635 | 1,737 | 2,352 | 0 |
| 30 Jun 19 | 4,443 | 1,629 | 2,297 | 0 |
| 31 Mar 19 | 4,331 | 1,563 | 2,220 | 0 |
| 31 Dec 18 | 4,145 | 1,486 | 2,125 | 0 |
| 30 Sep 18 | 4,102 | 1,491 | 2,052 | 0 |
| 30 Jun 18 | 3,902 | 1,404 | 1,977 | 0 |
| 31 Mar 18 | 3,712 | 1,317 | 1,910 | 0 |
| 31 Dec 17 | 3,554 | 1,264 | 1,855 | 0 |
| 30 Sep 17 | 3,360 | 1,159 | 1,870 | 0 |
| 30 Jun 17 | 3,161 | 1,084 | 1,790 | 0 |
| 31 Mar 17 | 3,080 | 1,073 | 1,717 | 0 |
| 31 Dec 16 | 3,031 | 1,041 | 1,674 | 0 |
| 30 Sep 16 | 2,923 | 1,012 | 1,519 | 0 |
| 30 Jun 16 | 2,873 | 1,002 | 1,410 | 0 |
| 31 Mar 16 | 2,796 | 1,004 | 1,331 | 0 |
| 31 Dec 15 | 2,581 | 966 | 1,209 | 0 |
| 31 Dec 14 | 2,455 | 999 | 1,003 | 0 |
| 31 Dec 13 | 2,182 | 981 | 856 | 0 |
Quality Earnings: 601128 has high quality earnings.
Growing Profit Margin: 601128's current net profit margins (45%) are higher than last year (41.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 601128's earnings have grown by 17.1% per year over the past 5 years.
Accelerating Growth: 601128's earnings growth over the past year (17.5%) exceeds its 5-year average (17.1% per year).
Earnings vs Industry: 601128 earnings growth over the past year (17.5%) exceeded the Banks industry 2.7%.
Return on Equity
High ROE: 601128's Return on Equity (13.5%) is considered low.