Bank of Qingdao Co., Ltd.

SZSE:002948 Stock Report

Market Cap: CN¥19.0b

Bank of Qingdao Past Earnings Performance

Past criteria checks 5/6

Bank of Qingdao has been growing earnings at an average annual rate of 15.6%, while the Banks industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 8.5% per year. Bank of Qingdao's return on equity is 9.5%, and it has net margins of 38.7%.

Key information

15.6%

Earnings growth rate

8.2%

EPS growth rate

Banks Industry Growth12.1%
Revenue growth rate8.5%
Return on equity9.5%
Net Margin38.7%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Bank of Qingdao makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SZSE:002948 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 249,1743,5484,2320
30 Jun 248,8923,6214,3290
31 Mar 248,6743,4864,2320
31 Dec 238,3453,3154,2320
30 Sep 237,8162,9663,9490
30 Jun 237,6942,8903,9390
31 Mar 237,5052,6973,9490
31 Dec 227,2582,5733,9490
30 Sep 227,6492,6253,7760
30 Jun 227,6302,6694,0530
31 Mar 227,4272,5893,7760
31 Dec 217,1712,4483,7760
30 Sep 217,1062,3083,4460
30 Jun 216,7762,1643,5200
31 Mar 216,5041,9883,4460
31 Dec 206,3971,8973,4460
30 Sep 206,2581,8261,1220
30 Jun 206,1781,8573,2010
31 Mar 206,1221,8133,0660
31 Dec 195,9951,7653,0660
30 Sep 195,6981,7124,2830
30 Jun 195,4801,6363,5570
31 Mar 195,2181,5652,3400
31 Dec 184,9891,5192,3400
30 Sep 184,6292,0665000
30 Jun 184,3671,9461,0000
31 Mar 183,9751,7241,3820
31 Dec 174,1891,9001,7640
30 Sep 174,4612,0021,8820
30 Jun 174,7332,1032,0000
31 Mar 174,8102,0962,0410
31 Dec 164,8872,0892,0810
30 Sep 164,8722,0451,9680
30 Jun 164,8562,0021,8550
31 Mar 164,6411,9081,8240
31 Dec 154,4261,8141,7920
30 Sep 154,1221,5491,9410
30 Jun 154,0761,6591,8100
31 Mar 154,0151,5771,7690
31 Dec 143,9541,4951,7290
31 Dec 133,2081,1421,4600

Quality Earnings: 002948 has high quality earnings.

Growing Profit Margin: 002948's current net profit margins (38.7%) are higher than last year (38%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 002948's earnings have grown by 15.6% per year over the past 5 years.

Accelerating Growth: 002948's earnings growth over the past year (19.6%) exceeds its 5-year average (15.6% per year).

Earnings vs Industry: 002948 earnings growth over the past year (19.6%) exceeded the Banks industry 2.7%.

Return on Equity

High ROE: 002948's Return on Equity (9.5%) 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 Analysis2024/12/23 09:02
End of Day Share Price 2024/12/23 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

Bank of Qingdao Co., Ltd. is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wen DingChina Galaxy Securities Co., Ltd.
Tiantian DaiChina Merchants Securities Co. Ltd.
Feifei XiaoCitic Securities Co., Ltd.