Industrial and Commercial Bank of China Past Earnings Performance
Past criteria checks 3/6
Industrial and Commercial Bank of China has been growing earnings at an average annual rate of 3.7%, while the Banks industry saw earnings growing at 17.3% annually. Revenues have been growing at an average rate of 2.2% per year. Industrial and Commercial Bank of China's return on equity is 9.3%, and it has net margins of 53.7%.
Key information
3.7%
Earnings growth rate
3.6%
EPS growth rate
| Banks Industry Growth | 10.6% |
| Revenue growth rate | 2.2% |
| Return on equity | 9.3% |
| Net Margin | 53.7% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Industrial and Commercial Bank of China 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 |
|---|---|---|---|---|
| 30 Sep 24 | 651,156 | 349,381 | 169,939 | 0 |
| 30 Jun 24 | 650,290 | 345,752 | 169,939 | 0 |
| 31 Mar 24 | 653,590 | 346,518 | 169,939 | 0 |
| 31 Dec 23 | 656,939 | 349,029 | 169,939 | 0 |
| 30 Sep 23 | 656,174 | 348,429 | 171,455 | 0 |
| 30 Jun 23 | 659,679 | 348,396 | 171,455 | 0 |
| 31 Mar 23 | 661,009 | 346,341 | 171,455 | 0 |
| 31 Dec 22 | 663,152 | 346,322 | 171,455 | 0 |
| 30 Sep 22 | 676,603 | 353,476 | 168,185 | 0 |
| 30 Jun 22 | 666,710 | 346,928 | 94,827 | 0 |
| 31 Mar 22 | 662,581 | 343,146 | 168,185 | 0 |
| 31 Dec 21 | 658,257 | 338,731 | 168,185 | 0 |
| 30 Sep 21 | 645,277 | 330,213 | 154,532 | 0 |
| 30 Jun 21 | 626,186 | 321,750 | 160,378 | 0 |
| 31 Mar 21 | 605,780 | 308,303 | 154,532 | 0 |
| 31 Dec 20 | 601,217 | 307,067 | 154,532 | 0 |
| 30 Sep 20 | 574,112 | 284,662 | 154,663 | 0 |
| 30 Jun 20 | 582,390 | 288,558 | 222,175 | 0 |
| 31 Mar 20 | 603,674 | 310,188 | 154,663 | 0 |
| 31 Dec 19 | 600,523 | 307,699 | 154,663 | 0 |
| 30 Sep 19 | 639,264 | 305,255 | 185,041 | 0 |
| 30 Jun 19 | 632,462 | 300,659 | 185,041 | 0 |
| 31 Mar 19 | 617,900 | 296,373 | 185,041 | 0 |
| 31 Dec 18 | 615,283 | 293,170 | 185,041 | 0 |
| 30 Sep 18 | 605,437 | 293,240 | 177,723 | 0 |
| 30 Jun 18 | 602,745 | 289,059 | 177,723 | 0 |
| 31 Mar 18 | 604,826 | 284,628 | 177,723 | 0 |
| 31 Dec 17 | 600,639 | 281,612 | 177,723 | 0 |
| 30 Sep 17 | 552,335 | 279,006 | 162,156 | 0 |
| 30 Jun 17 | 545,604 | 276,577 | 162,156 | 0 |
| 31 Mar 17 | 545,827 | 274,821 | 162,156 | 0 |
| 31 Dec 16 | 554,956 | 273,799 | 162,156 | 0 |
| 30 Sep 16 | 560,443 | 275,831 | 163,506 | 0 |
| 30 Jun 16 | 572,558 | 275,996 | 163,506 | 0 |
| 31 Mar 16 | 583,117 | 275,240 | 163,506 | 0 |
| 31 Dec 15 | 582,253 | 274,800 | 163,506 | 0 |
| 30 Sep 15 | 583,690 | 277,108 | 164,629 | 0 |
| 30 Jun 15 | 580,345 | 276,732 | 164,629 | 0 |
| 31 Mar 15 | 580,239 | 276,833 | 164,629 | 0 |
| 31 Dec 14 | 578,425 | 275,811 | 164,629 | 0 |
| 30 Sep 14 | 574,101 | 277,580 | 154,270 | 0 |
| 30 Jun 14 | 564,312 | 272,402 | 154,270 | 0 |
| 31 Mar 14 | 551,878 | 267,208 | 154,270 | 0 |
| 31 Dec 13 | 540,996 | 262,649 | 154,270 | 0 |
Quality Earnings: ICK has high quality earnings.
Growing Profit Margin: ICK's current net profit margins (53.7%) are higher than last year (53.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ICK's earnings have grown by 3.7% per year over the past 5 years.
Accelerating Growth: ICK's earnings growth over the past year (0.3%) is below its 5-year average (3.7% per year).
Earnings vs Industry: ICK earnings growth over the past year (0.3%) did not outperform the Banks industry 13%.
Return on Equity
High ROE: ICK's Return on Equity (9.3%) is considered low.