Bank Sinarmas Past Earnings Performance
Past criteria checks 1/6
Bank Sinarmas has been growing earnings at an average annual rate of 30%, while the Banks industry saw earnings growing at 20.7% annually. Revenues have been growing at an average rate of 13.9% per year. Bank Sinarmas's return on equity is 1.7%, and it has net margins of 3.1%.
Key information
30.0%
Earnings growth rate
30.1%
EPS growth rate
| Banks Industry Growth | 13.2% |
| Revenue growth rate | 13.9% |
| Return on equity | 1.7% |
| Net Margin | 3.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Bank Sinarmas 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 | 2,703,629 | 84,447 | 2,554,730 | 0 |
| 30 Jun 24 | 2,582,819 | 92,998 | 2,479,294 | 0 |
| 31 Mar 24 | 2,424,055 | 78,764 | 2,363,861 | 0 |
| 31 Dec 23 | 2,309,303 | 75,796 | 2,249,630 | 0 |
| 30 Sep 23 | 2,819,417 | 258,002 | 2,169,873 | 0 |
| 30 Jun 23 | 2,694,093 | 213,237 | 2,118,037 | 0 |
| 31 Mar 23 | 2,643,135 | 211,690 | 2,112,615 | 0 |
| 31 Dec 22 | 2,586,102 | 221,160 | 2,084,219 | 0 |
| 30 Sep 22 | 2,591,889 | 205,805 | 2,110,046 | 0 |
| 30 Jun 22 | 2,910,281 | 432,854 | 2,063,875 | 0 |
| 31 Mar 22 | 2,570,649 | 172,145 | 2,006,037 | 0 |
| 31 Dec 21 | 2,488,066 | 127,748 | 1,976,434 | 0 |
| 30 Sep 21 | 1,867,442 | 126,649 | 1,939,635 | 0 |
| 30 Jun 21 | 1,625,055 | -90,518 | 1,930,769 | 0 |
| 31 Mar 21 | 1,849,394 | 122,763 | 1,938,451 | 0 |
| 31 Dec 20 | 1,874,009 | 118,522 | 1,964,102 | 0 |
| 30 Sep 20 | 1,523,356 | 92,976 | 1,955,713 | 0 |
| 30 Jun 20 | 1,409,994 | 36,822 | 1,904,418 | 0 |
| 31 Mar 20 | 1,190,305 | -85,407 | 1,829,138 | 0 |
| 31 Dec 19 | 1,211,502 | 6,752 | 1,717,829 | 0 |
| 30 Sep 19 | 1,740,311 | -195,077 | 1,628,511 | 0 |
| 30 Jun 19 | 1,671,204 | -152,928 | 1,578,814 | 0 |
| 31 Mar 19 | 1,873,702 | 57,872 | 1,531,696 | 0 |
| 31 Dec 18 | 1,796,424 | 50,472 | 1,502,424 | 0 |
| 30 Sep 18 | 2,177,543 | 383,194 | 1,473,870 | 0 |
| 30 Jun 18 | 2,187,329 | 420,776 | 1,443,051 | 0 |
| 31 Mar 18 | 2,087,963 | 352,117 | 1,431,417 | 0 |
| 31 Dec 17 | 2,029,274 | 318,923 | 1,407,416 | 0 |
| 30 Sep 17 | 1,909,333 | 245,256 | 1,375,188 | 0 |
| 30 Jun 17 | 2,047,489 | 303,484 | 1,425,430 | 0 |
| 31 Mar 17 | 2,158,933 | 353,088 | 1,475,160 | 0 |
| 31 Dec 16 | 2,194,503 | 370,651 | 1,500,224 | 0 |
| 30 Sep 16 | 2,139,971 | 337,795 | 1,509,009 | 0 |
| 30 Jun 16 | 1,974,898 | 301,353 | 1,415,534 | 0 |
| 31 Mar 16 | 1,786,210 | 239,846 | 1,321,244 | 0 |
| 31 Dec 15 | 1,619,286 | 185,153 | 1,232,641 | 0 |
| 30 Sep 15 | 1,505,768 | 197,289 | 1,131,474 | 0 |
| 30 Jun 15 | 1,340,603 | 147,665 | 1,043,448 | 0 |
| 31 Mar 15 | 1,281,330 | 165,644 | 973,226 | 0 |
| 31 Dec 14 | 1,203,368 | 154,932 | 911,270 | 0 |
| 30 Sep 14 | 1,157,520 | 170,978 | 864,034 | 0 |
| 30 Jun 14 | 1,167,099 | 188,299 | 851,370 | 0 |
| 31 Mar 14 | 1,118,207 | 200,791 | 795,787 | 0 |
| 31 Dec 13 | 1,095,389 | 221,100 | 751,473 | 0 |
Quality Earnings: BSIM has a large one-off gain of IDR419.0B impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: BSIM's current net profit margins (3.1%) are lower than last year (9.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BSIM has become profitable over the past 5 years, growing earnings by 30% per year.
Accelerating Growth: BSIM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BSIM had negative earnings growth (-67.3%) over the past year, making it difficult to compare to the Banks industry average (7.3%).
Return on Equity
High ROE: BSIM's Return on Equity (1.7%) is considered low.