Weihai City Commercial Bank Past Earnings Performance
Past criteria checks 2/6
Weihai City Commercial Bank has been growing earnings at an average annual rate of 5.8%, while the Banks industry saw earnings growing at 3.5% annually. Revenues have been growing at an average rate of 6.1% per year. Weihai City Commercial Bank's return on equity is 7.3%, and it has net margins of 39%.
Key information
5.8%
Earnings growth rate
2.0%
EPS growth rate
| Banks Industry Growth | -0.01% |
| Revenue growth rate | 6.1% |
| Return on equity | 7.3% |
| Net Margin | 39.0% |
| Last Earnings Update | 30 Jun 2024 |
Revenue & Expenses Breakdown
How Weihai City 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 Jun 24 | 4,472 | 1,746 | 1,938 | 0 |
| 31 Mar 24 | 4,357 | 1,733 | 1,892 | 0 |
| 31 Dec 23 | 4,242 | 1,719 | 1,847 | 0 |
| 30 Sep 23 | 4,223 | 1,733 | 1,821 | 0 |
| 30 Jun 23 | 4,204 | 1,747 | 1,796 | 0 |
| 31 Mar 23 | 4,162 | 1,719 | 1,794 | 0 |
| 31 Dec 22 | 4,121 | 1,692 | 1,791 | 0 |
| 30 Sep 22 | 4,041 | 1,773 | 1,707 | 0 |
| 30 Jun 22 | 3,967 | 1,693 | 1,609 | 0 |
| 31 Mar 22 | 3,887 | 1,638 | 1,551 | 0 |
| 31 Dec 21 | 3,802 | 1,745 | 1,508 | 0 |
| 30 Sep 21 | 3,735 | 1,587 | 1,528 | 0 |
| 30 Jun 21 | 3,668 | 1,429 | 1,548 | 0 |
| 31 Mar 21 | 3,569 | 1,382 | 1,506 | 0 |
| 31 Dec 20 | 3,529 | 1,361 | 1,493 | 0 |
| 30 Sep 20 | 3,439 | 1,412 | 1,768 | 0 |
| 30 Jun 20 | 3,348 | 1,463 | 2,042 | 0 |
| 31 Dec 19 | 3,276 | 1,440 | 1,396 | 0 |
| 31 Dec 18 | 2,479 | 956 | 1,302 | 0 |
| 31 Dec 17 | 3,383 | 1,567 | 1,399 | 0 |
| 31 Dec 16 | 3,464 | 1,633 | 1,260 | 0 |
| 31 Dec 15 | 3,420 | 1,580 | 1,112 | 0 |
| 31 Dec 14 | 2,929 | 1,234 | 1,089 | 0 |
| 31 Dec 13 | 2,130 | 882 | 809 | 0 |
Quality Earnings: 9677 has high quality earnings.
Growing Profit Margin: 9677's current net profit margins (39%) are lower than last year (41.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 9677's earnings have grown by 5.8% per year over the past 5 years.
Accelerating Growth: 9677's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 9677 had negative earnings growth (-0.05%) over the past year, making it difficult to compare to the Banks industry average (1.6%).
Return on Equity
High ROE: 9677's Return on Equity (7.3%) is considered low.