Ho Chi Minh City Development Commercial Bank Past Earnings Performance
Past criteria checks 5/6
Ho Chi Minh City Development Commercial Bank has been growing earnings at an average annual rate of 25.1%, while the Banks industry saw earnings growing at 24.5% annually. Revenues have been growing at an average rate of 19.3% per year. Ho Chi Minh City Development Commercial Bank's return on equity is 22.8%, and it has net margins of 46.4%.
Key information
25.1%
Earnings growth rate
25.0%
EPS growth rate
| Banks Industry Growth | 25.8% |
| Revenue growth rate | 19.3% |
| Return on equity | 22.8% |
| Net Margin | 46.4% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Ho Chi Minh City Development 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 |
|---|---|---|---|---|
| 31 Mar 24 | 23,926,831 | 11,092,660 | 7,794,436 | 0 |
| 31 Dec 23 | 22,145,934 | 10,070,898 | 7,794,436 | 0 |
| 30 Sep 23 | 20,053,734 | 8,463,286 | 8,009,628 | 0 |
| 30 Jun 23 | 19,317,941 | 8,008,831 | 7,544,726 | 0 |
| 31 Mar 23 | 19,146,955 | 7,919,405 | 7,534,876 | 0 |
| 31 Dec 22 | 18,898,765 | 7,739,794 | 7,516,588 | 0 |
| 30 Sep 22 | 17,617,479 | 7,510,697 | 6,711,876 | 0 |
| 30 Jun 22 | 16,206,759 | 6,925,777 | 6,711,876 | 0 |
| 31 Mar 22 | 15,173,758 | 6,398,530 | 5,789,401 | 0 |
| 31 Dec 21 | 14,452,385 | 6,043,519 | 5,499,070 | 0 |
| 30 Sep 21 | 14,106,353 | 5,594,794 | 4,387,753 | 0 |
| 30 Jun 21 | 13,840,029 | 5,255,038 | 5,921,143 | 0 |
| 31 Mar 21 | 12,851,213 | 4,913,708 | 3,990,529 | 0 |
| 31 Dec 20 | 11,977,866 | 4,238,949 | 3,966,263 | 0 |
| 30 Sep 20 | 11,620,448 | 4,301,525 | 3,578,476 | 0 |
| 30 Jun 20 | 11,105,698 | 4,108,898 | 3,243,157 | 0 |
| 31 Mar 20 | 10,720,114 | 3,684,573 | 3,471,490 | 0 |
| 31 Dec 19 | 10,100,795 | 3,594,766 | 3,005,393 | 0 |
| 30 Sep 19 | 9,546,888 | 3,258,387 | 3,181,000 | 0 |
| 30 Jun 19 | 8,994,817 | 2,926,840 | 1,982,929 | 0 |
| 31 Mar 19 | 8,708,769 | 2,878,647 | 2,869,900 | 0 |
| 31 Dec 18 | 8,525,519 | 2,837,085 | 2,729,527 | 0 |
| 30 Sep 18 | 7,782,016 | 2,408,134 | 2,701,572 | 0 |
| 30 Jun 18 | 7,895,200 | 2,619,972 | 2,701,572 | 0 |
| 31 Mar 18 | 7,263,259 | 2,233,589 | 2,746,965 | 0 |
| 31 Dec 17 | 6,488,748 | 1,743,487 | 2,336,740 | 0 |
| 30 Sep 17 | 6,323,649 | 1,745,455 | 3,318,961 | 0 |
| 30 Jun 17 | 5,318,473 | 1,112,536 | 3,797,082 | 0 |
| 31 Mar 17 | 4,716,218 | 807,393 | 2,345,419 | 0 |
| 31 Dec 16 | 4,424,621 | 735,132 | 1,787,988 | 0 |
| 30 Sep 16 | 3,924,311 | 561,455 | 1,912,541 | 0 |
| 30 Jun 16 | 3,822,320 | 589,398 | 2,062,509 | 0 |
| 31 Mar 16 | 3,565,857 | 623,913 | 1,743,900 | 0 |
| 31 Dec 15 | 3,201,257 | 510,037 | 2,231,620 | 0 |
| 31 Mar 15 | 2,627,458 | 531,595 | 1,073,728 | 0 |
| 31 Dec 14 | 2,442,353 | 473,877 | 856,106 | 0 |
| 31 Mar 14 | 1,397,481 | 184,593 | 638,073 | 0 |
| 31 Dec 13 | 1,244,661 | 217,596 | 520,340 | 0 |
Quality Earnings: HDB has high quality earnings.
Growing Profit Margin: HDB's current net profit margins (46.4%) are higher than last year (41.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HDB's earnings have grown significantly by 25.1% per year over the past 5 years.
Accelerating Growth: HDB's earnings growth over the past year (40.1%) exceeds its 5-year average (25.1% per year).
Earnings vs Industry: HDB earnings growth over the past year (40.1%) exceeded the Banks industry 6.2%.
Return on Equity
High ROE: Whilst HDB's Return on Equity (22.85%) is high, this metric is skewed due to their high level of debt.