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 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	89,068	91,229	94,719	92,395	93,017	84,186
Interest Paid on Deposits	56,212	58,743	59,555	54,395	52,580	47,792
Net Interest Income	32,856	32,486	35,164	38,000	40,438	36,394
Net Interest Income Growth (YoY)	-3.60%	-7.62%	-7.46%	-6.03%	11.11%	14.58%
Gain (Loss) on Sale of Assets	46.63	45.73	27.28	13.45	12.76	-6.01
Gain (Loss) on Sale of Investments	10,147	6,593	2,129	1,090	-74.41	140.97
Gain (Loss) on Sale of Equity Investments	105.22	105.22	96.83	48.37	27.75	40.16
Other Non-Interest Income	10,337	13,758	13,148	13,612	15,757	14,090
Total Non-Interest Income	20,636	20,502	15,400	14,764	15,723	14,266
Non-Interest Income Growth (YoY)	26.13%	33.13%	4.31%	-6.10%	10.22%	-20.61%
Revenues Before Loan Losses	53,492	52,988	50,564	52,764	56,160	50,660
Provision for Loan Losses	12,953	12,447	11,434	16,296	19,966	18,274
Revenue	40,539	40,542	39,130	36,467	36,194	32,386
Revenue Growth (YoY)	1.87%	3.61%	7.30%	0.76%	11.76%	-0.61%
Selling, General & Administrative	12,532	12,622	12,446	12,226	12,098	9,607
Other Non-Interest Expense	611.98	614.88	654.85	564.28	607.07	543.67
Total Non-Interest Expense	13,424	13,537	13,232	12,732	12,641	10,151
EBT Excluding Unusual Items	27,115	27,005	25,898	23,736	23,553	22,235
Legal Settlements	15.72	15.72	-1.16	8.95	14.94	-4.73
Other Unusual Items	-	-	-	299.68	-12.9	179.61
Pretax Income	27,130	27,021	25,897	24,044	23,555	22,410
Income Tax Expense	3,430	3,460	3,325	1,726	1,474	1,495
Earnings From Continuing Operations	23,700	23,560	22,572	22,318	22,080	20,915
Minority Interest in Earnings	1.39	-0.56	-27.46	-37.71	-37.92	-29.81
Net Income	23,702	23,560	22,545	22,280	22,042	20,885
Preferred Dividends & Other Adjustments	804	804	804	1,040	1,040	1,040
Net Income to Common	22,898	22,756	21,741	21,240	21,002	19,845
Net Income Growth	4.63%	4.50%	1.19%	1.08%	5.54%	2.89%
Basic Shares Outstanding	14,206	14,207	14,207	14,207	14,207	14,207
Diluted Shares Outstanding	16,332	16,241	16,241	16,162	15,931	14,207
Shares Change (YoY)	0.77%	-	0.49%	1.45%	12.14%	-
EPS (Basic)	1.61	1.60	1.53	1.50	1.48	1.40
EPS (Diluted)	1.44	1.44	1.37	1.35	1.35	1.40
EPS Growth	3.93%	4.59%	1.86%	-0.10%	-3.35%	3.05%
Dividend Per Share	0.500	0.500	0.460	0.400	0.400	0.400
Dividend Growth	8.70%	8.70%	15.00%	-	-	-
Effective Tax Rate	12.64%	12.80%	12.84%	7.18%	6.26%	6.67%

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Banks template. Financial Sources.