Jiangsu Suzhou Rural Commercial Bank Co., Ltd

SHSE:603323 Stock Report

Market Cap: CN¥8.8b

Jiangsu Suzhou Rural Commercial Bank Past Earnings Performance

Past criteria checks 5/6

Jiangsu Suzhou Rural Commercial Bank has been growing earnings at an average annual rate of 15.4%, while the Banks industry saw earnings growing at 11.2% annually. Revenues have been growing at an average rate of 9.2% per year. Jiangsu Suzhou Rural Commercial Bank's return on equity is 11%, and it has net margins of 52.5%.

Key information

15.4%

Earnings growth rate

13.6%

EPS growth rate

Banks Industry Growth12.1%
Revenue growth rate9.2%
Return on equity11.0%
Net Margin52.5%
Last Earnings Update30 Sep 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How Jiangsu Suzhou Rural Commercial Bank makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SHSE:603323 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 233,2381,7001,3960
30 Jun 233,1371,6301,4160
31 Mar 233,0511,5511,3720
31 Dec 223,0241,5021,3770
30 Sep 222,6631,3751,3020
30 Jun 222,7411,3051,2770
31 Mar 222,5651,2151,2620
31 Dec 212,5091,1601,2610
30 Sep 212,6491,1061,2630
30 Jun 212,4121,0531,2340
31 Mar 212,3449631,2480
31 Dec 202,3169511,2280
30 Sep 202,3799691,2820
30 Jun 202,2879261,2150
31 Mar 202,2639371,2090
31 Dec 192,2419131,2180
30 Sep 192,2389111,2070
30 Jun 192,2138771,2120
31 Mar 192,0868261,1440
31 Dec 182,0018021,0770
30 Sep 181,9358329710
30 Jun 181,8917999450
31 Mar 181,8307569220
31 Dec 171,7707318870
30 Sep 171,7147068380
30 Jun 171,6526968140
31 Mar 171,6206668020
31 Dec 161,6146507850
30 Sep 161,6056327780
30 Jun 161,6576138110
31 Mar 161,5885687650
31 Dec 151,6006047370
31 Dec 141,8037687160
31 Dec 132,0379657350

Quality Earnings: 603323 has high quality earnings.

Growing Profit Margin: 603323's current net profit margins (52.5%) are higher than last year (51.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 603323's earnings have grown by 15.4% per year over the past 5 years.

Accelerating Growth: 603323's earnings growth over the past year (23.6%) exceeds its 5-year average (15.4% per year).

Earnings vs Industry: 603323 earnings growth over the past year (23.6%) exceeded the Banks industry 7.4%.


Return on Equity

High ROE: 603323's Return on Equity (11%) is considered low.


Return on Assets


Return on Capital Employed


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