Qingdao Rural Commercial Bank Co., Ltd. (SHE: 002958)

Qingdao Rural Commercial Bank Balance Sheet

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
Cash & Equivalents	18,195	14,114	13,296	13,873	16,600	16,440
Investment Securities	137,495	170,888	149,446	149,717	147,577	116,143
Trading Asset Securities	50,511	4,017	7,808	6,954	5,296	9,116
Total Investments	188,006	174,904	157,254	156,671	152,873	125,259
Gross Loans	274,278	264,130	249,096	243,092	220,073	180,493
Allowance for Loan Losses	-10,894	-11,015	-10,923	-9,360	-8,745	-8,118
Net Loans	263,383	253,115	238,173	233,732	211,328	172,375
Property, Plant & Equipment	3,643	3,866	4,124	4,256	3,786	3,659
Other Intangible Assets	71.09	77.25	79.53	80.51	83.06	85.36
Investments in Real Estate	0.02	0.02	0.07	0.07	0.2	0.2
Accrued Interest Receivable	-	1,073	1,088	844.19	1,095	910.96
Other Receivables	-	-	-	-	83.87	82.92
Restricted Cash	-	15,408	16,162	17,298	17,822	20,365
Other Current Assets	-	-	-	-	182.25	169.46
Long-Term Deferred Tax Assets	5,419	4,969	4,215	3,270	2,551	1,656
Other Real Estate Owned & Foreclosed	-	-	-	-	152.78	252.55
Other Long-Term Assets	292.61	409.73	400.53	412.82	108.88	22.99
Total Assets	479,010	467,937	434,791	430,438	406,811	341,667
Accrued Expenses	1,844	1,213	983.02	858.43	801.88	746.55
Interest Bearing Deposits	319,235	217,890	194,770	176,312	154,404	125,387
Non-Interest Bearing Deposits	-	84,356	91,335	94,063	100,467	93,020
Total Deposits	319,235	302,246	286,105	270,375	254,871	218,407
Short-Term Borrowings	28,001	25,747	16,272	21,400	27,828	24,741
Current Portion of Long-Term Debt	6,504	77,539	78,370	84,331	72,160	60,590
Current Portion of Leases	-	94.27	98.87	77.78	-	-
Current Income Taxes Payable	545.18	125.36	330.21	657.16	619.02	659.86
Accrued Interest Payable	-	7,230	6,542	5,404	4,139	3,147
Other Current Liabilities	185.55	966.86	1,005	319.3	291.19	218.43
Long-Term Debt	79,809	12,007	6,865	9,707	13,878	5,600
Long-Term Leases	206.74	117.72	156.42	159.27	-	-
Long-Term Unearned Revenue	-	292.06	303.91	284.93	306.05	296.76
Pension & Post-Retirement Benefits	-	947	978.03	1,015	977.64	1,001
Other Long-Term Liabilities	1,062	362.01	300.96	798.75	1,237	997.42
Total Liabilities	437,393	428,888	398,309	395,388	377,109	316,406
Common Stock	5,556	5,556	5,556	5,556	5,556	5,556
Additional Paid-In Capital	3,823	3,818	3,818	3,818	3,818	3,818
Retained Earnings	24,999	22,496	20,169	18,649	16,513	14,386
Comprehensive Income & Other	6,343	6,240	6,031	6,142	2,956	655.45
Total Common Equity	40,720	38,110	35,574	34,164	28,842	24,415
Minority Interest	897.08	938.72	908.57	885.67	860.71	846.43
Shareholders' Equity	41,617	39,049	36,483	35,050	29,702	25,262
Total Liabilities & Equity	479,010	467,937	434,791	430,438	406,811	341,667
Total Debt	114,521	115,505	101,762	115,675	113,865	90,932
Net Cash (Debt)	-28,641	-91,985	-75,172	-93,078	-76,682	-62,332
Net Cash Per Share	-4.23	-13.65	-11.20	-14.48	-13.12	-11.51
Filing Date Shares Outstanding	5,556	5,556	5,556	5,556	5,556	5,556
Total Common Shares Outstanding	5,556	5,556	5,556	5,556	5,556	5,556
Book Value Per Share	7.33	6.86	6.40	6.15	5.19	4.39
Tangible Book Value	40,649	38,033	35,495	34,084	28,759	24,330
Tangible Book Value Per Share	7.32	6.85	6.39	6.14	5.18	4.38

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