Chongqing Rural Commercial Bank Past Earnings Performance
Past criteria checks 4/6
Chongqing Rural Commercial Bank has been growing earnings at an average annual rate of 3.5%, while the Banks industry saw earnings growing at 3.5% annually. Revenues have been growing at an average rate of 2.2% per year. Chongqing Rural Commercial Bank's return on equity is 8.7%, and it has net margins of 52.3%.
Key information
3.5%
Earnings growth rate
1.8%
EPS growth rate
| Banks Industry Growth | -0.01% |
| Revenue growth rate | 2.2% |
| Return on equity | 8.7% |
| Net Margin | 52.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Here's Why Chongqing Rural Commercial Bank (HKG:3618) Has Caught The Eye Of Investors
May 19
Chongqing Rural Commercial Bank's (HKG:3618) Dividend Will Be Increased To HK$0.30
May 30Is Chongqing Rural Commercial Bank Co., Ltd. (HKG:3618) A Smart Pick For Income Investors?
Feb 24A Look At Chongqing Rural Commercial Bank's (HKG:3618) Share Price Returns
Jan 20
Could The Chongqing Rural Commercial Bank Co., Ltd. (HKG:3618) Ownership Structure Tell Us Something Useful?
Dec 13Revenue & Expenses Breakdown
How Chongqing Rural Commercial 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 |
|---|---|---|---|---|
| 30 Sep 24 | 21,080 | 11,017 | 8,310 | 0 |
| 30 Jun 24 | 21,177 | 11,037 | 8,417 | 0 |
| 31 Mar 24 | 20,597 | 10,237 | 9,327 | 0 |
| 31 Dec 23 | 22,016 | 10,664 | 9,327 | 0 |
| 30 Sep 23 | 22,280 | 10,829 | 15,845 | 0 |
| 30 Jun 23 | 22,446 | 10,645 | 9,543 | 0 |
| 31 Mar 23 | 21,805 | 10,448 | 9,043 | 0 |
| 31 Dec 22 | 21,101 | 10,116 | 9,043 | 0 |
| 30 Sep 22 | 20,510 | 10,050 | 8,323 | 0 |
| 30 Jun 22 | 20,457 | 10,205 | 8,414 | 0 |
| 31 Mar 22 | 20,448 | 9,931 | 8,323 | 0 |
| 31 Dec 21 | 19,998 | 9,560 | 8,323 | 0 |
| 30 Sep 21 | 19,522 | 9,384 | 4,846 | 0 |
| 30 Jun 21 | 18,982 | 8,952 | 5,348 | 0 |
| 31 Mar 21 | 18,269 | 8,570 | 4,846 | 0 |
| 31 Dec 20 | 17,973 | 8,401 | 4,846 | 0 |
| 30 Sep 20 | 19,697 | 8,901 | 0 | 0 |
| 30 Jun 20 | 20,248 | 9,191 | 766 | 0 |
| 31 Mar 20 | 20,616 | 9,532 | 0 | 0 |
| 31 Dec 19 | 20,070 | 9,760 | 0 | 0 |
| 30 Sep 19 | 20,582 | 10,739 | -1,675 | 0 |
| 30 Jun 19 | 19,792 | 9,974 | -621 | 0 |
| 31 Mar 19 | 19,879 | 9,810 | 119 | 0 |
| 31 Dec 18 | 19,943 | 9,058 | 119 | 0 |
| 30 Sep 18 | 20,506 | 8,975 | 9,407 | 0 |
| 30 Jun 18 | 20,639 | 9,178 | 7,660 | 0 |
| 31 Mar 18 | 20,473 | 9,063 | 7,613 | 0 |
| 31 Dec 17 | 20,289 | 8,936 | 7,613 | 0 |
| 30 Sep 17 | 19,304 | 8,598 | 7,432 | 0 |
| 30 Jun 17 | 19,129 | 8,364 | 7,358 | 0 |
| 31 Mar 17 | 19,111 | 8,180 | 7,432 | 0 |
| 31 Dec 16 | 19,096 | 7,945 | 7,432 | 0 |
| 30 Sep 16 | 19,200 | 7,738 | 7,128 | 0 |
| 30 Jun 16 | 19,175 | 7,511 | 7,377 | 0 |
| 31 Mar 16 | 19,039 | 7,388 | 7,128 | 0 |
| 31 Dec 15 | 18,663 | 7,223 | 7,128 | 0 |
| 30 Sep 15 | 18,550 | 7,195 | 6,708 | 0 |
| 30 Jun 15 | 18,236 | 7,125 | 6,944 | 0 |
| 31 Mar 15 | 17,998 | 7,023 | 6,708 | 0 |
| 31 Dec 14 | 17,511 | 6,828 | 6,708 | 0 |
| 30 Sep 14 | 16,830 | 6,617 | 5,836 | 0 |
| 30 Jun 14 | 16,186 | 6,365 | 6,242 | 0 |
| 31 Mar 14 | 15,662 | 6,209 | 5,836 | 0 |
| 31 Dec 13 | 15,125 | 5,991 | 5,836 | 0 |
Quality Earnings: 3618 has high quality earnings.
Growing Profit Margin: 3618's current net profit margins (52.3%) are higher than last year (48.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 3618's earnings have grown by 3.5% per year over the past 5 years.
Accelerating Growth: 3618's earnings growth over the past year (1.7%) is below its 5-year average (3.5% per year).
Earnings vs Industry: 3618 earnings growth over the past year (1.7%) exceeded the Banks industry 1.6%.
Return on Equity
High ROE: 3618's Return on Equity (8.7%) is considered low.