China Zheshang Bank Co., Ltd (HKG: 2016)

China Zheshang 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	113,220	110,253	101,983	92,757	86,224	80,276
Interest Paid on Deposits	66,054	62,725	54,921	50,805	49,129	45,614
Net Interest Income	47,166	47,528	47,062	41,952	37,095	34,662
Net Interest Income Growth (YoY)	-0.86%	0.99%	12.18%	13.09%	7.02%	31.37%
Income From Trading Activities	21	-	-	-	4,367	6,222
Gain (Loss) on Sale of Assets	11	11	3	-2	-	-
Gain (Loss) on Sale of Investments	5,396	2,274	1,895	830	1,552	1,361
Other Non-Interest Income	13,474	13,456	11,969	11,691	4,757	4,202
Total Non-Interest Income	18,902	15,741	13,867	12,519	10,676	11,785
Non-Interest Income Growth (YoY)	23.62%	13.51%	10.77%	17.26%	-9.41%	-6.15%
Revenues Before Loan Losses	66,068	63,269	60,929	54,471	47,771	46,447
Provision for Loan Losses	27,601	26,113	27,653	24,831	20,166	18,902
Revenue	38,467	37,156	33,276	29,640	27,605	27,545
Revenue Growth (YoY)	5.71%	11.66%	12.27%	7.37%	0.22%	6.30%
Salaries and Employee Benefits	-	-	-	-	8,197	8,242
Occupancy Expenses	-	-	-	-	1,560	1,418
Selling, General & Administrative	19,088	19,088	16,774	13,784	2,573	2,378
Other Non-Interest Expense	2,368	980	811	924	878	827
Total Non-Interest Expense	21,456	20,068	17,585	14,659	13,242	12,865
EBT Excluding Unusual Items	17,011	17,088	15,691	14,981	14,363	14,680
Other Unusual Items	404	404	140	-	-	-
Pretax Income	17,415	17,492	15,831	14,981	14,363	14,680
Income Tax Expense	1,709	1,999	1,842	2,065	1,804	1,538
Earnings From Continuing Operations	15,706	15,493	13,989	12,916	12,559	13,142
Minority Interest in Earnings	-506	-445	-371	-268	-250	-218
Net Income	15,200	15,048	13,618	12,648	12,309	12,924
Preferred Dividends & Other Adjustments	963	963	1,801	858	932	881
Net Income to Common	14,237	14,085	11,817	11,790	11,377	12,043
Net Income Growth	2.47%	10.50%	7.67%	2.75%	-4.76%	12.48%
Basic Shares Outstanding	27,403	24,857	22,455	21,269	21,269	18,931
Diluted Shares Outstanding	27,403	24,857	22,455	21,269	21,269	18,931
Shares Change (YoY)	21.93%	10.70%	5.58%	-	12.35%	2.17%
EPS (Basic)	0.52	0.57	0.53	0.55	0.53	0.64
EPS (Diluted)	0.52	0.57	0.53	0.55	0.53	0.64
EPS Growth	-10.41%	7.67%	-4.32%	3.77%	-16.69%	4.55%
Dividend Per Share	0.164	0.164	0.210	-	0.161	0.240
Dividend Growth	-21.90%	-21.90%	-	-	-32.92%	-
Effective Tax Rate	9.81%	11.43%	11.64%	13.78%	12.56%	10.48%

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