Huishang Bank Past Earnings Performance

Past criteria checks 4/6

Huishang Bank has been growing earnings at an average annual rate of 10.7%, while the Banks industry saw earnings growing at 3% annually. Revenues have been growing at an average rate of 12.1% per year. Huishang Bank's return on equity is 10.2%, and it has net margins of 50.2%.

Key information

10.7%

Earnings growth rate

6.9%

EPS growth rate

Banks Industry Growth	-0.01%
Revenue growth rate	12.1%
Return on equity	10.2%
Net Margin	50.2%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

How Much Of Huishang Bank Corporation Limited (HKG:3698) Do Institutions Own?

Dec 20

Revenue & Expenses Breakdown
Beta

How Huishang Bank makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SEHK:3698 Revenue, expenses and earnings (CNY Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	27,796	13,943	9,258
30 Sep 23	29,490	13,855	9,181
30 Jun 23	31,407	13,767	9,104
31 Mar 23	30,494	13,337	8,896
31 Dec 22	29,359	12,908	8,687
30 Sep 22	26,619	12,289	8,519
30 Jun 22	23,936	11,671	8,360
31 Mar 22	23,077	11,147	8,138
31 Dec 21	22,160	10,623	7,906
30 Sep 21	21,555	10,145	7,629
30 Jun 21	20,951	9,667	7,351
31 Mar 21	20,313	9,195	7,112
31 Dec 20	19,675	8,722	6,873
30 Sep 20	19,732	9,246	6,725
30 Jun 20	19,790	9,769	6,577
31 Mar 20	19,603	9,604	6,574
31 Dec 19	19,415	9,439	6,571
30 Sep 19	18,842	9,228	6,364
30 Jun 19	18,268	9,016	6,156
31 Mar 19	17,577	8,693	5,973
31 Dec 18	16,886	8,370	5,789
30 Sep 18	16,447	8,059	5,780
30 Jun 18	16,008	7,748	5,771
31 Mar 18	15,657	7,502	5,595
31 Dec 17	15,306	7,255	5,419
30 Sep 17	15,014	7,249	5,282
30 Jun 17	14,723	7,243	5,146
31 Mar 17	14,577	7,057	4,973
31 Dec 16	14,431	6,870	4,801
30 Sep 16	14,447	6,686	4,732
30 Jun 16	14,462	6,502	4,663
31 Mar 16	13,891	6,331	4,279
31 Dec 15	13,320	6,161	3,894
30 Sep 15	12,622	6,031	3,495
30 Jun 15	11,925	5,901	3,097
31 Mar 15	11,738	5,787	3,120
31 Dec 14	11,551	5,673	3,142
30 Sep 14	11,060	5,493	2,952
30 Jun 14	10,569	5,313	2,762
31 Mar 14	10,153	5,120	2,647
31 Dec 13	9,737	4,926	2,532
30 Sep 13	9,475	4,766	2,490
30 Jun 13	9,212	4,605	2,448

Quality Earnings: 3698 has high quality earnings.

Growing Profit Margin: 3698's current net profit margins (50.2%) are higher than last year (44%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 3698's earnings have grown by 10.7% per year over the past 5 years.

Accelerating Growth: 3698's earnings growth over the past year (8%) is below its 5-year average (10.7% per year).

Earnings vs Industry: 3698 earnings growth over the past year (8%) exceeded the Banks industry 1.6%.

Huishang Bank Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

Full year 2023 earnings: Revenues miss analyst expectations

Huishang Bank Corporation Limited to Report Fiscal Year 2023 Results on Mar 27, 2024

First half 2023 earnings released: EPS: CN¥0.58 (vs CN¥0.52 in 1H 2022)

Huishang Bank Corporation Limited to Report First Half, 2023 Results on Aug 29, 2023

Full year 2022 earnings released: EPS: CN¥0.93 (vs CN¥0.77 in FY 2021)

First half 2022 earnings released: EPS: CN¥0 (vs CN¥0.45 in 1H 2021)

Recent updates

Price target decreased by 9.8% to HK$1.93

Full year 2023 earnings: Revenues miss analyst expectations

Huishang Bank Corporation Limited Proposes Final Dividend for the Year Ended 31 December 2023

Huishang Bank Corporation Limited to Report Fiscal Year 2023 Results on Mar 27, 2024

Huishang Bank Corporation Limited Appoints Mr. Wang Zhaohui as Non-Executive Director

First half 2023 earnings released: EPS: CN¥0.58 (vs CN¥0.52 in 1H 2022)

Price target decreased by 12% to HK$2.27

Huishang Bank Corporation Limited to Report First Half, 2023 Results on Aug 29, 2023

Huishang Bank Corporation Limited Approves Final Dividend for 2022, Payable on August 25, 2023

Huishang Bank Corporation Limited Announces Executive Changes

Upcoming dividend of CN¥0.13 per share at 3.9% yield

Consensus EPS estimates increase by 11%, revenue downgraded

Huishang Bank Corporation Limited Recommends Final Ordinary Dividend for the Year Ended 31 December 2022, Payment Date Is 25 August 2023

Full year 2022 earnings released: EPS: CN¥0.93 (vs CN¥0.77 in FY 2021)

Huishang Bank Corporation Limited Approves Qualification of Zuo Dunli as A Non-Executive Director

Huishang Bank Corporation Limited Appoints Shao Dehui as Member of the Strategic Development and Consumer Rights Protection Committee and Member of the Risk Management Committee

Huishang Bank Corporation Limited Announces Resignation of Zhang Renfu from Board and Committees

Consensus EPS estimates fall by 19%

First half 2022 earnings released: EPS: CN¥0 (vs CN¥0.45 in 1H 2021)

Huishang Bank Corporation Limited to Report First Half, 2022 Results on Aug 30, 2022

Huishang Bank Corporation Limited Appoints Xu Jiabin as Member of the Nomination and Remuneration Committee and Member of Risk Management Committee

Huishang Bank Corporation Limited Approves Final Dividend for the Year Ended 31 December 2021, Payable on 25 August 2022

Huishang Bank Corporation Limited Proposes Final Ordinary Dividend for the Year Ended 31 December 2021

Huishang Bank Corporation Limited Announces Resignation of Qian Dongsheng as Non-Executive Director, Member of the Strategic Development and Consumer Rights Protection Committee, Member of the Audit Committee and Member of the Risk Management Committee

Huishang Bank Corporation Limited, Annual General Meeting, Jun 30, 2022

Full year 2021 earnings: Revenues in line with analyst expectations

Huishang Bank Corporation Limited Proposes Final Dividend for the Year Ended 31 December 2021

First half 2021 earnings released: EPS CN¥0.45 (vs CN¥0.43 in 1H 2020)

Non-Executive Director Xuemin Wu has left the company

Huishang Bank Corporation Limited to Report Fiscal Year 2020 Results on Mar 26, 2021

New 90-day high: HK$2.69

New 90-day high: HK$2.66

Huishang Bank Corporation Limited Announces Board Changes

New 90-day high: HK$2.63

Huishang Bank Corporation Limited announced that it has received CNY 9.894705 billion in funding from Anhui Transportation Holding Group Co.,Ltd. and another investor

How Much Of Huishang Bank Corporation Limited (HKG:3698) Do Institutions Own?

Price target lowered to HK$2.61

New 90-day low: HK$2.52

First half earnings released

Huishang Bank Corporation Limited to Report First Half, 2020 Results on Aug 27, 2020

New 90-day low - HK$2.53

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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