Ping An Bank Co., Ltd.

XSEC:000001 Stock Report

Market Cap: CN¥226.1b

Ping An Bank Past Earnings Performance

Past criteria checks 3/6

Ping An Bank has been growing earnings at an average annual rate of 12.9%, while the Banks industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 7% per year. Ping An Bank's return on equity is 9.5%, and it has net margins of 43.3%.

Key information

12.9%

Earnings growth rate

11.8%

EPS growth rate

Banks Industry Growth12.1%
Revenue growth rate7.0%
Return on equity9.5%
Net Margin43.3%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

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

Earnings and Revenue History

XSEC:000001 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24100,94343,70042,6470
30 Jun 24103,37544,09843,6300
31 Mar 24104,40843,93644,5820
31 Dec 23105,68243,60645,9590
30 Sep 23108,79245,64346,7560
30 Jun 23111,71445,96648,4760
31 Mar 23110,32544,41949,0880
31 Dec 22108,55442,66749,3870
30 Sep 22106,22941,01149,0860
30 Jun 22102,22437,99249,1260
31 Mar 22100,54836,20548,2930
31 Dec 2196,76433,48747,9370
30 Sep 2195,71333,97147,9650
30 Jun 2191,12531,13946,4700
31 Mar 2186,61228,81845,8420
31 Dec 2083,93127,23444,6900
30 Sep 2079,93126,09842,6500
30 Jun 2078,94225,59642,2510
31 Mar 2082,07828,42341,8300
31 Dec 1979,48727,32140,8520
30 Sep 1978,18427,10940,1070
30 Jun 1974,91625,97538,3920
31 Mar 1971,36924,79536,5010
31 Dec 1868,90223,94435,3910
30 Sep 1868,94623,61835,9290
30 Jun 1867,51323,13335,2100
31 Mar 1864,92422,69633,3220
31 Dec 1762,86122,31531,6160
30 Sep 1757,85823,03326,5330
30 Jun 1756,78322,86125,5850
31 Mar 1758,50922,72726,6970
31 Dec 1661,19922,59927,9730
30 Sep 1664,79022,84429,9540
30 Jun 1666,77122,57230,8810
31 Mar 1667,71622,32231,2910
31 Dec 1565,65421,86530,1120
30 Sep 1564,65521,84829,4780
30 Jun 1562,95921,31528,6180
31 Mar 1560,27520,37727,5070
31 Dec 1458,38819,80226,6680
30 Sep 1457,15519,22926,5590
30 Jun 1453,54917,77225,2280
31 Mar 1449,58416,69623,1570
31 Dec 1345,31015,23121,2790

Quality Earnings: 000001 has high quality earnings.

Growing Profit Margin: 000001's current net profit margins (43.3%) are higher than last year (42%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 000001's earnings have grown by 12.9% per year over the past 5 years.

Accelerating Growth: 000001's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 000001 had negative earnings growth (-4.3%) over the past year, making it difficult to compare to the Banks industry average (2.7%).

Return on Equity

High ROE: 000001'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 Analysis2024/12/18 12:59
End of Day Share Price 2024/12/18 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

Ping An Bank Co., Ltd. is covered by 60 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Judy ZhangBNP Paribas Securities (Asia)
Yaogang ZhangBOCI Research Ltd.
Shanshan LiBOCOM International Securities Limited