China Development Bank Financial Leasing Past Earnings Performance
Past criteria checks 5/6
China Development Bank Financial Leasing has been growing earnings at an average annual rate of 7.9%, while the Diversified Financial industry saw earnings declining at 1.1% annually. Revenues have been growing at an average rate of 13.4% per year. China Development Bank Financial Leasing's return on equity is 11.1%, and it has net margins of 26.7%.
Key information
7.9%
Earnings growth rate
7.9%
EPS growth rate
| Diversified Financial Industry Growth | 9.1% |
| Revenue growth rate | 13.4% |
| Return on equity | 11.1% |
| Net Margin | 26.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How China Development Bank Financial Leasing 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 | 15,529 | 4,150 | 502 | 0 |
| 30 Sep 23 | 15,120 | 3,756 | 511 | 0 |
| 30 Jun 23 | 14,711 | 3,362 | 520 | 0 |
| 31 Mar 23 | 14,908 | 3,356 | 543 | 0 |
| 31 Dec 22 | 15,105 | 3,351 | 566 | 0 |
| 30 Sep 22 | 14,332 | 3,705 | 559 | 0 |
| 30 Jun 22 | 13,558 | 4,060 | 551 | 0 |
| 31 Mar 22 | 12,868 | 3,991 | 536 | 0 |
| 31 Dec 21 | 12,177 | 3,922 | 522 | 0 |
| 30 Sep 21 | 12,210 | 3,882 | 480 | 0 |
| 30 Jun 21 | 12,243 | 3,841 | 438 | 0 |
| 31 Mar 21 | 11,547 | 3,555 | 447 | 0 |
| 31 Dec 20 | 10,852 | 3,268 | 456 | 0 |
| 30 Sep 20 | 10,630 | 3,042 | 535 | 0 |
| 30 Jun 20 | 10,408 | 2,816 | 614 | 0 |
| 31 Mar 20 | 10,327 | 2,877 | 596 | 0 |
| 31 Dec 19 | 10,245 | 2,938 | 578 | 0 |
| 30 Sep 19 | 9,388 | 2,844 | 568 | 0 |
| 30 Jun 19 | 8,483 | 2,750 | 559 | 0 |
| 31 Mar 19 | 7,948 | 2,628 | 601 | 0 |
| 31 Dec 18 | 7,413 | 2,507 | 643 | 0 |
| 30 Sep 18 | 7,080 | 2,231 | 640 | 0 |
| 30 Jun 18 | 5,943 | 1,955 | 636 | 0 |
| 31 Mar 18 | 6,134 | 2,043 | 564 | 0 |
| 31 Dec 17 | 7,177 | 2,131 | 491 | 0 |
| 30 Sep 17 | 6,482 | 1,941 | 454 | 0 |
| 30 Jun 17 | 5,788 | 1,752 | 417 | 0 |
| 31 Mar 17 | 5,444 | 1,657 | 387 | 0 |
| 31 Dec 16 | 5,101 | 1,561 | 356 | 0 |
| 30 Sep 16 | 4,719 | 1,544 | 329 | 0 |
| 30 Jun 16 | 3,994 | 1,146 | 252 | 0 |
| 31 Mar 16 | 3,925 | 1,099 | 246 | 0 |
| 31 Dec 15 | 3,856 | 1,053 | 239 | 0 |
| 30 Sep 15 | 4,428 | 1,572 | 222 | 0 |
| 31 Dec 14 | 4,720 | 1,916 | 218 | 0 |
| 31 Dec 13 | 5,438 | 1,887 | 220 | 0 |
Quality Earnings: 2C6 has high quality earnings.
Growing Profit Margin: 2C6's current net profit margins (26.7%) are higher than last year (22.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2C6's earnings have grown by 7.9% per year over the past 5 years.
Accelerating Growth: 2C6's earnings growth over the past year (23.8%) exceeds its 5-year average (7.9% per year).
Earnings vs Industry: 2C6 earnings growth over the past year (23.8%) exceeded the Diversified Financial industry -17.3%.
Return on Equity
High ROE: 2C6's Return on Equity (11.1%) is considered low.