China CITIC Bank Past Earnings Performance
Past criteria checks 4/6
China CITIC Bank has been growing earnings at an average annual rate of 7.7%, while the Banks industry saw earnings growing at 12.2% annually. Revenues have been growing at an average rate of 6.9% per year. China CITIC Bank's return on equity is 9.3%, and it has net margins of 43.2%.
Key information
7.7%
Earnings growth rate
7.5%
EPS growth rate
| Banks Industry Growth | 10.6% |
| Revenue growth rate | 6.9% |
| Return on equity | 9.3% |
| Net Margin | 43.2% |
| Next Earnings Update | 29 Apr 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How China CITIC Bank makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 143,970 | 62,228 | 63,295 | 0 |
| 30 Sep 23 | 144,851 | 61,645 | 64,106 | 0 |
| 31 Mar 23 | 142,065 | 59,109 | 62,092 | 0 |
| 31 Dec 22 | 140,033 | 57,315 | 61,894 | 0 |
| 30 Sep 22 | 137,443 | 57,978 | 98,703 | 0 |
| 30 Jun 22 | 133,053 | 56,124 | 57,684 | 0 |
| 31 Mar 22 | 130,948 | 54,340 | 57,684 | 0 |
| 31 Dec 21 | 127,549 | 52,631 | 57,684 | 0 |
| 30 Sep 21 | 120,998 | 50,808 | 49,974 | 0 |
| 30 Jun 21 | 118,461 | 49,460 | 27,449 | 0 |
| 31 Mar 21 | 115,069 | 47,158 | 49,974 | 0 |
| 31 Dec 20 | 112,922 | 45,970 | 49,974 | 0 |
| 30 Sep 20 | 104,419 | 42,851 | 51,236 | 0 |
| 30 Jun 20 | 106,472 | 43,919 | 49,987 | 0 |
| 31 Mar 20 | 111,910 | 47,922 | 51,236 | 0 |
| 31 Dec 19 | 110,920 | 46,685 | 51,236 | 0 |
| 30 Sep 19 | 114,586 | 47,136 | 49,789 | 0 |
| 30 Jun 19 | 111,764 | 45,769 | 51,872 | 0 |
| 31 Mar 19 | 108,836 | 44,233 | 49,789 | 0 |
| 31 Dec 18 | 107,880 | 43,183 | 49,789 | 0 |
| 30 Sep 18 | 106,933 | 43,297 | 47,253 | 0 |
| 30 Jun 18 | 106,231 | 42,946 | 68,944 | 0 |
| 31 Mar 18 | 107,571 | 42,013 | 47,253 | 0 |
| 31 Dec 17 | 106,114 | 41,236 | 47,253 | 0 |
| 30 Sep 17 | 102,071 | 41,824 | 42,785 | 0 |
| 30 Jun 17 | 104,177 | 42,040 | 42,785 | 0 |
| 31 Mar 17 | 103,567 | 41,818 | 42,785 | 0 |
| 31 Dec 16 | 107,528 | 41,629 | 42,785 | 0 |
| 30 Sep 16 | 112,739 | 42,775 | 40,569 | 0 |
| 30 Jun 16 | 113,663 | 42,172 | 40,569 | 0 |
| 31 Mar 16 | 112,661 | 41,430 | 40,569 | 0 |
| 31 Dec 15 | 109,643 | 41,158 | 40,569 | 0 |
| 30 Sep 15 | 108,975 | 41,338 | 37,969 | 0 |
| 30 Jun 15 | 106,005 | 41,244 | 37,969 | 0 |
| 31 Mar 15 | 104,342 | 40,914 | 37,969 | 0 |
| 31 Dec 14 | 102,626 | 40,692 | 37,969 | 0 |
| 30 Sep 14 | 100,177 | 40,595 | 32,947 | 0 |
| 30 Jun 14 | 99,392 | 40,818 | 32,947 | 0 |
| 31 Mar 14 | 95,958 | 40,663 | 32,247 | 0 |
| 31 Dec 13 | 93,560 | 39,175 | 32,947 | 0 |
| 30 Sep 13 | 86,128 | 34,666 | 20,292 | 0 |
| 30 Jun 13 | 80,460 | 32,050 | 20,292 | 0 |
Quality Earnings: D7C has high quality earnings.
Growing Profit Margin: D7C's current net profit margins (43.2%) are higher than last year (40.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: D7C's earnings have grown by 7.7% per year over the past 5 years.
Accelerating Growth: D7C's earnings growth over the past year (8.6%) exceeds its 5-year average (7.7% per year).
Earnings vs Industry: D7C earnings growth over the past year (8.6%) did not outperform the Banks industry 26.9%.
Return on Equity
High ROE: D7C's Return on Equity (9.3%) is considered low.