Bank of Shanghai Co., Ltd. (SHA: 601229)

Bank of Shanghai 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	93,371	94,719	92,395	93,017	84,186	80,054
Interest Paid on Deposits	60,465	59,555	54,395	52,580	47,792	48,290
Net Interest Income	32,906	35,164	38,000	40,438	36,394	31,764
Net Interest Income Growth (YoY)	-8.25%	-7.46%	-6.03%	11.11%	14.58%	6.10%
Gain (Loss) on Sale of Assets	4.87	27.28	13.45	12.76	-6.01	-8.49
Gain (Loss) on Sale of Investments	8,292	2,129	1,090	-74.41	140.97	127.43
Gain (Loss) on Sale of Equity Investments	96.83	96.83	48.37	27.75	40.16	20.66
Other Non-Interest Income	8,969	12,584	13,612	15,757	14,090	17,830
Total Non-Interest Income	17,363	14,836	14,764	15,723	14,266	17,970
Non-Interest Income Growth (YoY)	19.77%	0.49%	-6.10%	10.22%	-20.61%	29.20%
Revenues Before Loan Losses	50,269	50,001	52,764	56,160	50,660	49,734
Provision for Loan Losses	10,651	11,434	16,296	19,966	18,274	17,149
Revenue	39,618	38,566	36,467	36,194	32,386	32,584
Revenue Growth (YoY)	2.99%	5.76%	0.76%	11.76%	-0.61%	14.28%
Selling, General & Administrative	12,679	12,446	12,226	12,098	9,607	9,949
Other Non-Interest Expense	641.35	654.85	564.28	607.07	543.67	472.22
Total Non-Interest Expense	13,174	13,037	12,732	12,641	10,151	10,421
EBT Excluding Unusual Items	26,445	25,529	23,736	23,553	22,235	22,164
Legal Settlements	-1.16	-1.16	8.95	14.94	-4.73	96.34
Other Unusual Items	369.01	369.01	299.68	-12.9	179.61	117.1
Pretax Income	26,813	25,897	24,044	23,555	22,410	22,377
Income Tax Expense	4,019	3,325	1,726	1,474	1,495	2,044
Earnings From Continuing Operations	22,794	22,572	22,318	22,080	20,915	20,333
Minority Interest in Earnings	-6.49	-27.46	-37.71	-37.92	-29.81	-35.27
Net Income	22,787	22,545	22,280	22,042	20,885	20,298
Preferred Dividends & Other Adjustments	804	804	1,040	1,040	1,040	1,040
Net Income to Common	21,983	21,741	21,240	21,002	19,845	19,258
Net Income Growth	1.47%	1.19%	1.08%	5.54%	2.89%	12.55%
Basic Shares Outstanding	14,181	14,207	14,207	14,207	14,207	14,207
Diluted Shares Outstanding	16,190	16,241	16,162	15,931	14,207	14,207
Shares Change (YoY)	-0.58%	0.49%	1.45%	12.14%	-	0.00%
EPS (Basic)	1.55	1.53	1.50	1.48	1.40	1.36
EPS (Diluted)	1.39	1.37	1.35	1.35	1.40	1.36
EPS Growth	3.23%	1.86%	-0.10%	-3.35%	3.05%	13.32%
Dividend Per Share	0.740	0.460	0.400	0.400	0.400	0.400
Dividend Growth	85.00%	15.00%	0%	0%	0%	15.54%
Effective Tax Rate	14.99%	12.84%	7.18%	6.26%	6.67%	9.14%

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