Dongguan Rural Commercial Bank Full Year 2024 Earnings: EPS: CN¥0.67 (vs CN¥0.75 in FY 2023)

Dongguan Rural Commercial Bank (HKG:9889) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥8.83b (down 11% from FY 2023).
• Net income: CN¥4.62b (down 10% from FY 2023).
• Profit margin: 52% (in line with FY 2023).
• EPS: CN¥0.67 (down from CN¥0.75 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Dongguan Rural Commercial Bank Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Banks industry in Hong Kong.

Performance of the Hong Kong Banks industry.

The company's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Dongguan Rural Commercial Bank's balance sheet and an in-depth analysis of the company's financial position.

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