Jiangsu Zijin Rural Commercial Bank Co.,Ltd

XSSC:601860 Stock Report

Market Cap: CN¥10.4b

Jiangsu Zijin Rural Commercial BankLtd Past Earnings Performance

Past criteria checks 3/6

Jiangsu Zijin Rural Commercial BankLtd has been growing earnings at an average annual rate of 3.7%, while the Banks industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 5.2% per year. Jiangsu Zijin Rural Commercial BankLtd's return on equity is 8.3%, and it has net margins of 45.6%.

Key information

3.7%

Earnings growth rate

3.6%

EPS growth rate

Banks Industry Growth12.1%
Revenue growth rate5.2%
Return on equity8.3%
Net Margin45.6%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

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

Earnings and Revenue History

XSSC:601860 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 243,5561,6211,6640
30 Jun 243,6931,6591,6590
31 Mar 243,7021,6391,7150
31 Dec 233,6761,6191,6930
30 Sep 233,7911,6741,6910
30 Jun 233,7621,6471,7430
31 Mar 233,7281,6201,7380
31 Dec 223,7411,6001,7380
30 Sep 223,7941,6011,7410
30 Jun 223,6721,5911,6900
31 Mar 223,5411,5501,6370
31 Dec 213,4561,5151,6140
30 Sep 213,1801,4721,5280
30 Jun 213,0081,4611,4540
31 Mar 212,9991,4491,4030
31 Dec 202,9801,4411,3590
30 Sep 202,9691,4381,2970
30 Jun 203,1351,4311,3750
31 Mar 203,0781,4481,3540
31 Dec 193,0821,4171,3880
30 Sep 193,1241,4041,4180
30 Jun 193,0761,3651,4140
31 Mar 192,9551,2931,3870
31 Dec 182,9431,2541,4140
30 Sep 182,9001,2721,3250
30 Jun 182,7651,1731,3050
31 Mar 182,8171,1551,3480
31 Dec 172,7181,1381,2680
30 Sep 172,5151,0241,2540
30 Jun 172,5051,0821,1390
31 Mar 172,4471,0271,1290
31 Dec 162,4301,0331,0800
30 Sep 162,5321,0391,0460
30 Jun 162,4438741,1130
31 Mar 162,2778269970
31 Dec 152,2058401,0040
31 Dec 142,0407499220
31 Dec 131,7335838730

Quality Earnings: 601860 has high quality earnings.

Growing Profit Margin: 601860's current net profit margins (45.6%) are higher than last year (44.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 601860's earnings have grown by 3.7% per year over the past 5 years.

Accelerating Growth: 601860's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 601860 had negative earnings growth (-3.2%) over the past year, making it difficult to compare to the Banks industry average (2.7%).

Return on Equity

High ROE: 601860's Return on Equity (8.3%) 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 14:16
End of Day Share Price 2024/12/20 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

Jiangsu Zijin Rural Commercial Bank Co.,Ltd is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Zhiming LiaoTianfeng Securities Brokerage Co., Ltd
Zhifeng DaiZhongtai Securities Co. Ltd.