Jiangsu Zhangjiagang Rural Commercial Bank Co., Ltd (SHE:002839)

SHE:002839 Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	7,430	8,162	7,777	7,131	6,280
Interest Paid on Deposits	4,050	4,297	3,860	3,440	2,679
Net Interest Income	3,379	3,864	3,917	3,691	3,601
Net Interest Income Growth (YoY)	-12.55%	-1.34%	6.11%	2.50%	13.15%
Gain (Loss) on Sale of Assets	4.53	16.71	14.59	37.55	18.5
Gain (Loss) on Sale of Equity Investments	131.96	129.03	99.72	51.39	80.07
Other Non-Interest Income	1,149	468.92	700.61	782.92	469.23
Total Non-Interest Income	1,286	614.66	814.93	871.86	567.79
Non-Interest Income Growth (YoY)	109.15%	-24.57%	-6.53%	53.55%	-12.40%
Revenues Before Loan Losses	4,665	4,479	4,732	4,563	4,169
Provision for Loan Losses	925.53	900.83	1,429	1,768	1,858
Revenue	3,739	3,578	3,303	2,795	2,311
Revenue Growth (YoY)	4.50%	8.33%	18.18%	20.96%	6.30%
Selling, General & Administrative	1,686	1,676	1,574	1,436	1,311
Other Non-Interest Expense	39.81	36.37	32.68	35.01	26.77
Total Non-Interest Expense	1,729	1,716	1,621	1,471	1,338
EBT Excluding Unusual Items	2,010	1,863	1,682	1,324	972.46
Asset Writedown	-0.21	-1.87	-3.94	-2.96	-1.3
Other Unusual Items	39.34	68.37	176.82	51.38	32.08
Pretax Income	2,049	1,929	1,855	1,373	1,003
Income Tax Expense	173.91	131.03	156.39	35.96	7.61
Earnings From Continuing Operations	1,875	1,798	1,699	1,337	995.62
Minority Interest in Earnings	3.31	-11.15	-16.6	-32.72	5.05
Net Income	1,879	1,787	1,682	1,304	1,001
Preferred Dividends & Other Adjustments	96	96	96	-	-
Net Income to Common	1,783	1,691	1,586	1,304	1,001
Net Income Growth	5.13%	6.24%	29.00%	30.30%	4.88%
Basic Shares Outstanding	2,193	2,170	2,170	2,170	2,169
Diluted Shares Outstanding	2,193	2,601	2,721	2,705	2,690
Shares Change (YoY)	-15.72%	-4.39%	0.59%	0.55%	0.49%
EPS (Basic)	0.81	0.78	0.73	0.60	0.46
EPS (Diluted)	0.81	0.65	0.62	0.53	0.40
EPS Growth	24.62%	4.45%	18.26%	31.30%	4.32%
Dividend Per Share	0.200	0.200	0.200	0.133	0.133
Dividend Growth	-	-	50.04%	-	6.64%
Effective Tax Rate	8.49%	6.79%	8.43%	2.62%	0.76%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.