Hua Xia Bank Co., Limited (SHA: 600015)

Hua Xia 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	155,384	155,611	151,315	152,841	147,239	136,271
Interest Paid on Deposits	87,377	85,169	77,022	73,236	65,272	63,876
Net Interest Income	68,007	70,442	74,293	79,605	81,967	72,395
Net Interest Income Growth (YoY)	-4.13%	-5.18%	-6.67%	-2.88%	13.22%	40.47%
Gain (Loss) on Sale of Assets	32	39	-3	-8	3	15
Gain (Loss) on Sale of Investments	2,639	1,937	1,624	741	-4	301
Other Non-Interest Income	23,324	20,789	17,894	15,532	13,343	12,023
Total Non-Interest Income	25,995	22,765	19,515	16,265	13,342	12,339
Non-Interest Income Growth (YoY)	18.38%	16.65%	19.98%	21.91%	8.13%	-40.36%
Revenues Before Loan Losses	94,002	93,207	93,808	95,870	95,309	84,734
Provision for Loan Losses	25,276	25,301	30,733	35,198	40,010	30,251
Revenue	68,726	67,906	63,075	60,672	55,299	54,483
Revenue Growth (YoY)	6.80%	7.66%	3.96%	9.72%	1.50%	6.60%
Selling, General & Administrative	29,242	29,236	28,264	27,863	26,622	25,920
Other Non-Interest Expense	3,531	3,227	1,116	1,271	1,526	1,066
Total Non-Interest Expense	32,773	32,463	29,380	29,134	28,148	26,986
EBT Excluding Unusual Items	35,953	35,443	33,695	31,538	27,151	27,497
Other Unusual Items	-89	-4	-112	-45	2	66
Pretax Income	35,864	35,439	33,583	31,493	27,153	27,563
Income Tax Expense	8,668	8,594	8,093	7,590	5,585	5,448
Earnings From Continuing Operations	27,196	26,845	25,490	23,903	21,568	22,115
Minority Interest in Earnings	-487	-482	-455	-368	-293	-210
Net Income	26,709	26,363	25,035	23,535	21,275	21,905
Preferred Dividends & Other Adjustments	1,940	2,876	2,876	2,780	2,780	840
Net Income to Common	24,769	23,487	22,159	20,755	18,495	21,065
Net Income Growth	4.25%	5.30%	6.37%	10.62%	-2.88%	5.04%
Basic Shares Outstanding	15,915	15,915	15,475	15,387	15,387	15,387
Diluted Shares Outstanding	15,915	15,915	15,475	15,387	15,387	15,387
Shares Change (YoY)	19.10%	2.84%	0.57%	-	-	20.00%
EPS (Basic)	1.56	1.48	1.43	1.35	1.20	1.37
EPS (Diluted)	1.56	1.48	1.43	1.35	1.20	1.37
EPS Growth	4.88%	3.20%	6.02%	12.22%	-12.20%	-12.24%
Dividend Per Share	0.484	0.384	0.383	0.338	0.301	0.249
Dividend Growth	26.37%	0.26%	13.31%	12.29%	20.88%	43.10%
Effective Tax Rate	24.17%	24.25%	24.10%	24.10%	20.57%	19.77%

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