China Construction Bank Corporation (HKG: 0939)

China Construction Bank Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	1,248,910	1,247,366	1,170,573	1,057,334	989,509	909,885
Interest Income on Investments	6,103	5,712	6,135	-	-	-
Total Interest Income	1,255,013	1,253,078	1,176,708	1,057,334	989,509	909,885
Interest Paid on Deposits	659,285	630,133	526,904	451,914	413,600	372,819
Net Interest Income	595,728	622,945	649,804	605,420	575,909	537,066
Net Interest Income Growth (YoY)	-6.14%	-4.13%	7.33%	5.12%	7.23%	10.44%
Income From Trading Activities	5,506	5,685	3,632	-	-	-
Gain (Loss) on Sale of Investments	10,346	724	-8,740	-	-	-
Gain (Loss) on Sale of Equity Investments	-	-	-	1,603	895	249
Other Non-Interest Income	129,258	129,763	125,246	217,223	179,054	168,314
Total Non-Interest Income	145,110	136,172	120,138	218,826	179,949	168,563
Non-Interest Income Growth (YoY)	12.03%	13.35%	-45.10%	21.60%	6.75%	-2.35%
Revenues Before Loan Losses	740,838	759,117	769,942	824,246	755,858	705,629
Provision for Loan Losses	121,908	136,774	154,535	167,949	193,491	163,000
Revenue	618,930	622,343	615,407	656,297	562,367	542,629
Revenue Growth (YoY)	-1.25%	1.13%	-6.23%	16.70%	3.64%	6.86%
Salaries and Employee Benefits	128,018	128,018	125,150	-	-	-
Occupancy Expenses	32,450	32,450	33,558	-	-	-
Amortization of Goodwill & Intangibles	3,495	3,495	3,140	-	-	-
Selling, General & Administrative	47,708	47,708	49,984	209,863	179,308	179,531
Other Non-Interest Expense	7,774	8,939	8,633	67,657	45,813	35,623
Total Non-Interest Expense	219,108	219,459	219,271	277,884	225,751	215,154
EBT Excluding Unusual Items	399,822	402,884	396,136	378,413	336,616	327,475
Asset Writedown	-	-	-	-	-	-521
Other Unusual Items	-13,502	-13,502	-12,432	-	-	-357
Pretax Income	386,315	389,377	383,699	378,412	336,616	326,597
Income Tax Expense	52,183	56,917	58,836	74,484	63,037	57,375
Earnings From Continuing Operations	334,132	332,460	324,863	303,928	273,579	269,222
Minority Interest in Earnings	-1,157	193	-136	-1,415	-2,529	-2,489
Net Income	332,975	332,653	324,727	302,513	271,050	266,733
Preferred Dividends & Other Adjustments	5,110	5,110	4,538	4,538	5,624	3,962
Net Income to Common	327,865	327,543	320,189	297,975	265,426	262,771
Net Income Growth	0.16%	2.44%	7.34%	11.61%	1.62%	4.74%
Basic Shares Outstanding	252,110	250,011	250,011	250,011	250,011	250,011
Diluted Shares Outstanding	252,110	250,011	250,011	250,011	250,011	250,011
Shares Change (YoY)	0.78%	-	-	-	-	-
EPS (Basic)	1.30	1.31	1.28	1.19	1.06	1.05
EPS (Diluted)	1.30	1.31	1.28	1.19	1.06	1.05
EPS Growth	-0.74%	2.34%	7.56%	12.26%	0.85%	5.10%
Dividend Per Share	0.597	0.400	0.389	0.364	0.326	0.320
Dividend Growth	53.47%	2.83%	6.87%	11.66%	1.88%	4.58%
Effective Tax Rate	13.51%	14.62%	15.33%	19.68%	18.73%	17.57%

Source: S&P Capital IQ. Banks template. Financial Sources.