Qingdao Rural Commercial Bank Future Growth
Future criteria checks 3/6
Qingdao Rural Commercial Bank is forecast to grow earnings and revenue by 9.7% and 23.1% per annum respectively while EPS is expected to grow by 6.8% per annum.
Key information
9.7%
Earnings growth rate
6.8%
EPS growth rate
| Banks earnings growth | 8.2% |
| Revenue growth rate | 23.1% |
| Future return on equity | n/a |
| Analyst coverage | Low |
| Last updated | 30 Apr 2024 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 12,429 | 3,166 | N/A | N/A | 1 |
| 12/31/2025 | 11,532 | 2,929 | N/A | N/A | 1 |
| 12/31/2024 | 10,795 | 2,728 | N/A | N/A | 1 |
| 9/30/2024 | 5,474 | 2,484 | -2,735 | -2,637 | N/A |
| 6/30/2024 | 5,436 | 2,463 | 7,842 | 7,925 | N/A |
| 3/31/2024 | 5,440 | 2,428 | 17,592 | 17,688 | N/A |
| 12/31/2023 | 5,383 | 2,327 | 15,926 | 16,048 | N/A |
| 9/30/2023 | 5,308 | 2,324 | 35,137 | 35,302 | N/A |
| 6/30/2023 | 5,286 | 2,219 | 8,960 | 9,145 | N/A |
| 3/31/2023 | 5,207 | 2,129 | 13,871 | 14,081 | N/A |
| 12/31/2022 | 5,088 | 2,076 | 1,725 | 1,975 | N/A |
| 9/30/2022 | 6,443 | 3,036 | 5,005 | 5,259 | N/A |
| 6/30/2022 | 6,396 | 3,054 | 12,755 | 13,158 | N/A |
| 3/31/2022 | 6,373 | 2,998 | 5,093 | 5,449 | N/A |
| 12/31/2021 | 6,414 | 2,970 | 444 | 780 | N/A |
| 9/30/2021 | 6,352 | 3,219 | 34,575 | -17,222 | N/A |
| 6/30/2021 | 6,237 | 3,140 | 6,467 | 6,858 | N/A |
| 3/31/2021 | 6,001 | 3,019 | -5,054 | -4,631 | N/A |
| 12/31/2020 | 5,942 | 2,960 | 5,896 | 6,333 | N/A |
| 9/30/2020 | 6,068 | 2,941 | -45,289 | 7,303 | N/A |
| 6/30/2020 | 5,981 | 2,893 | -2,600 | -2,308 | N/A |
| 3/31/2020 | 6,061 | 2,918 | -10,906 | -10,586 | N/A |
| 12/31/2019 | 5,984 | 2,825 | -5,130 | -4,841 | N/A |
| 9/30/2019 | 7,770 | 2,742 | -6,769 | -6,523 | N/A |
| 6/30/2019 | 7,599 | 2,581 | -4,001 | -3,769 | N/A |
| 3/31/2019 | 7,557 | 2,497 | -5,724 | -5,493 | N/A |
| 12/31/2018 | 7,417 | 2,419 | -2,609 | -2,364 | N/A |
| 12/31/2017 | 4,967 | 2,136 | N/A | 2,123 | N/A |
| 12/31/2016 | 4,590 | 1,927 | N/A | 19,414 | N/A |
| 12/31/2015 | 4,598 | 1,864 | N/A | 13,311 | N/A |
| 1/1/2015 | 4,914 | 1,716 | N/A | -4,650 | N/A |
| 12/31/2013 | 4,431 | 1,650 | N/A | -10,829 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 002958's forecast earnings growth (9.7% per year) is above the savings rate (2.8%).
Earnings vs Market: 002958's earnings (9.7% per year) are forecast to grow slower than the CN market (26.2% per year).
High Growth Earnings: 002958's earnings are forecast to grow, but not significantly.
Revenue vs Market: 002958's revenue (23.1% per year) is forecast to grow faster than the CN market (13.8% per year).
High Growth Revenue: 002958's revenue (23.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 002958's Return on Equity is forecast to be high in 3 years time