Zhejiang Shaoxing RuiFeng Rural Commercial BankLtd Past Earnings Performance
Past criteria checks 3/6
Zhejiang Shaoxing RuiFeng 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 8.8% per year. Zhejiang Shaoxing RuiFeng Rural Commercial BankLtd's return on equity is 10.3%, and it has net margins of 62%.
Key information
14.3%
Earnings growth rate
11.0%
EPS growth rate
| Banks Industry Growth | 12.1% |
| Revenue growth rate | 8.8% |
| Return on equity | 10.3% |
| Net Margin | 62.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Zhejiang Shaoxing RuiFeng 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 | 2,867 | 1,778 | 1,330 | 0 |
| 31 Dec 23 | 2,812 | 1,727 | 1,319 | 0 |
| 30 Sep 23 | 2,880 | 1,710 | 1,308 | 0 |
| 30 Jun 23 | 2,780 | 1,633 | 1,268 | 0 |
| 31 Mar 23 | 2,756 | 1,576 | 1,229 | 0 |
| 31 Dec 22 | 2,644 | 1,528 | 1,173 | 0 |
| 30 Sep 22 | 2,710 | 1,460 | 1,139 | 0 |
| 30 Jun 22 | 2,561 | 1,377 | 1,111 | 0 |
| 31 Mar 22 | 2,461 | 1,318 | 1,075 | 0 |
| 31 Dec 21 | 2,430 | 1,271 | 1,066 | 0 |
| 30 Sep 21 | 2,347 | 1,208 | 1,025 | 0 |
| 30 Jun 21 | 2,300 | 1,163 | 1,009 | 0 |
| 31 Mar 21 | 2,200 | 1,121 | 981 | 0 |
| 31 Dec 20 | 2,204 | 1,105 | 987 | 0 |
| 31 Dec 19 | 2,106 | 1,038 | 929 | 0 |
| 31 Dec 18 | 2,017 | 964 | 807 | 0 |
| 31 Dec 17 | 1,834 | 803 | 799 | 0 |
| 30 Sep 17 | 1,926 | 792 | 881 | 0 |
| 31 Dec 16 | 1,909 | 790 | 815 | 0 |
| 30 Sep 16 | 1,811 | 784 | 721 | 0 |
| 31 Dec 15 | 1,815 | 734 | 723 | 0 |
| 30 Sep 15 | 1,821 | 846 | 672 | 0 |
| 31 Dec 14 | 1,794 | 748 | 659 | 0 |
| 31 Dec 13 | 1,988 | 959 | 603 | 0 |
Quality Earnings: 601528 has a large one-off gain of CN¥337.1M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 601528's current net profit margins (62%) are higher than last year (57.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 601528's earnings have grown by 14.3% per year over the past 5 years.
Accelerating Growth: 601528's earnings growth over the past year (12.8%) is below its 5-year average (14.3% per year).
Earnings vs Industry: 601528 earnings growth over the past year (12.8%) exceeded the Banks industry 7.4%.
Return on Equity
High ROE: 601528's Return on Equity (10.3%) is considered low.