Bank of China Future Growth

Future criteria checks 2/6

Bank of China is forecast to grow earnings and revenue by 5.2% and 10% per annum respectively. EPS is expected to grow by 4.1% per annum. Return on equity is forecast to be 8.4% in 3 years.

Key information

5.2%

Earnings growth rate

4.1%

EPS growth rate

Banks earnings growth	7.3%
Revenue growth rate	10.0%
Future return on equity	8.4%
Analyst coverage	Good
Last updated	30 Oct 2024

Recent future growth updates

No updates

Recent updates

No updates

Earnings and Revenue Growth Forecasts

SGX:HBND - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	683,137	241,999	N/A	N/A	13
12/31/2025	637,444	230,987	N/A	N/A	14
12/31/2024	624,969	230,716	N/A	N/A	2
6/30/2024	516,662	214,110	-1,049,900	-1,026,954	N/A
3/31/2024	511,219	214,934	-1,848,970	-1,821,526	N/A
12/31/2023	518,276	216,608	-1,875,397	-1,846,249	N/A
9/30/2023	505,826	203,518	-1,932,910	-1,897,116	N/A
6/30/2023	501,348	201,770	-2,142,668	-2,110,453	N/A
3/31/2023	502,709	213,389	-1,942,373	-1,912,331	N/A
12/31/2022	488,475	213,103	-2,069,566	-2,041,828	N/A
9/30/2022	494,620	214,565	-1,936,114	-1,913,604	N/A
6/30/2022	499,474	212,260	-1,299,423	-1,272,651	N/A
3/31/2022	496,506	209,296	-1,325,263	-1,300,323	N/A
12/31/2021	503,065	205,908	-413,712	-383,539	N/A
9/30/2021	488,366	198,653	-80,771	-45,660	N/A
6/30/2021	480,171	192,737	-511,676	-478,891	N/A
3/31/2021	460,273	182,247	-919,048	-879,231	N/A
12/31/2020	450,760	180,841	-1,010,592	-970,970	N/A
9/30/2020	424,767	166,711	-1,515,428	-1,476,217	N/A
6/30/2020	424,859	167,448	-1,742,681	-1,696,096	N/A
3/31/2020	449,699	182,197	-992,311	-953,122	N/A
12/31/2019	447,378	180,579	-1,456,216	-1,417,197	N/A
9/30/2019	439,013	179,600	-1,498,939	-1,458,575	N/A
6/30/2019	423,399	178,255	-941,074	-904,285	N/A
3/31/2019	406,673	175,259	-1,116,927	-1,074,318	N/A
12/31/2018	403,593	173,295	-428,546	-386,397	N/A
9/30/2018	401,247	173,421	-215,837	-166,327	N/A
6/30/2018	396,794	171,051	-515,389	-470,756	N/A
3/31/2018	398,301	168,005	N/A	-180,480	N/A
12/31/2017	394,990	165,653	N/A	-306,253	N/A
9/30/2017	403,502	168,553	N/A	-289,984	N/A
6/30/2017	404,217	168,513	N/A	-452,177	N/A
3/31/2017	395,602	157,890	N/A	-848,158	N/A
12/31/2016	395,482	157,860	N/A	-1,066,628	N/A
9/30/2016	409,569	169,101	N/A	-1,343,908	N/A
6/30/2016	416,674	168,124	N/A	-1,158,690	N/A
3/31/2016	413,918	166,614	N/A	-740,956	N/A
12/31/2015	414,303	165,833	N/A	-356,811	N/A
9/30/2015	411,490	170,007	N/A	-434,055	N/A
6/30/2015	410,727	170,617	N/A	5,368	N/A
3/31/2015	410,262	170,070	N/A	-425,352	N/A
12/31/2014	407,515	169,595	N/A	-660,519	N/A
9/30/2014	403,610	167,834	N/A	-398,656	N/A
6/30/2014	398,318	165,914	N/A	-448,209	N/A
3/31/2014	390,944	162,440	N/A	-339,495	N/A
12/31/2013	383,337	156,911	N/A	-623,624	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HBND's forecast earnings growth (5.2% per year) is above the savings rate (2.2%).

Earnings vs Market: HBND's earnings (5.2% per year) are forecast to grow slower than the SG market (10.5% per year).

High Growth Earnings: HBND's earnings are forecast to grow, but not significantly.

Revenue vs Market: HBND's revenue (10% per year) is forecast to grow faster than the SG market (3.7% per year).

High Growth Revenue: HBND's revenue (10% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: HBND's Return on Equity is forecast to be low in 3 years time (8.4%).