By Helgi Library - October 11, 2019
China Everbright Bank made a net profit of CNY 10,711 mil under revenues of CNY 32,467 mil in the second quarter of 2019, up 18.7% an...
By Helgi Library - October 11, 2019
China Everbright Bank's loans reached CNY 2,602,500 mil in the second quarter of 2019, up from CNY 2,509,700 mil when compar...
By Helgi Library - October 23, 2019
China Everbright Bank stock traded at JPY 1,645 per share at the end of second quarter of 2019 implying a market capitalization of U...
Profit Statement | 2016 | 2017 | 2018 | |
Net Interest Income | CNY mil | 65,288 | 60,950 | 61,043 |
Net Fee Income | CNY mil | 28,112 | 30,774 | 36,894 |
Other Income | CNY mil | 1,451 | 1,866 | 14,252 |
Total Revenues | CNY mil | 94,851 | 93,590 | 112,189 |
Operating Profit | CNY mil | 64,110 | 62,552 | 78,763 |
Provisions | CNY mil | 22,111 | 19,700 | 34,345 |
Net Profit | CNY mil | 30,329 | 31,545 | 33,659 |
Balance Sheet | 2016 | 2017 | 2018 | |
Interbank Loans | CNY mil | 425,935 | 285,011 | 175,463 |
Customer Loans | CNY mil | 1,751,600 | 1,980,800 | 2,361,300 |
Total Assets | CNY mil | 4,020,000 | 4,088,200 | 4,357,300 |
Shareholders' Equity | CNY mil | 251,068 | 305,436 | 322,473 |
Interbank Borrowing | CNY mil | 1,154,100 | 962,326 | 1,215,600 |
Customer Deposits | CNY mil | 2,120,900 | 2,567,100 | 2,581,700 |
Issued Debt Securities | CNY mil | 412,500 | 150,939 | 164,844 |
Ratios | 2016 | 2017 | 2018 | |
ROE | % | 12.8 | 11.3 | 10.7 |
ROA | % | 0.844 | 0.778 | 0.797 |
Costs (As % Of Assets) | % | 0.855 | 0.766 | 0.792 |
Costs (As % Of Income) | % | 32.4 | 33.2 | 29.8 |
Capital Adequacy Ratio | % | 10.8 | 13.5 | 13.0 |
Net Interest Margin | % | 1.82 | 1.50 | 1.45 |
Loans (As % Of Deposits) | % | 82.6 | 77.2 | 91.5 |
NPLs (As % Of Loans) | % | 1.62 | 2.59 | 1.61 |
Provisions (As % Of NPLs) | % | 150 | 97.5 | 154 |
Valuation | 2016 | 2017 | 2018 | |
Price/Earnings (P/E) | 6.52 | 7.60 | 6.57 | |
Price/Book Value (P/BV) | 0.788 | 0.785 | 0.685 | |
Earnings Per Share (EPS) | CNY | 0.650 | 0.676 | 0.641 |
Book Value Per Share | CNY | 5.38 | 6.54 | 6.14 |
Get all company financials in excel:
summary | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
income statement | ||||||||||||||||||
Net Interest Income | CNY mil | 50,263 | 50,865 | 58,259 | 66,463 | 65,288 | ||||||||||||
Total Revenues | CNY mil | 60,555 | 66,363 | 80,117 | 93,439 | 94,851 | ||||||||||||
Operating Profit | CNY mil | 37,787 | 39,573 | 49,830 | 60,535 | 64,110 | ||||||||||||
Net Profit | CNY mil | 23,591 | 26,715 | 28,883 | 29,528 | 30,329 | ||||||||||||
balance sheet | ||||||||||||||||||
Interbank Loans | CNY mil | 413,724 | 360,626 | 459,731 | 371,717 | 425,935 | ||||||||||||
Customer Loans | CNY mil | 997,331 | 1,142,100 | 1,271,400 | 1,475,400 | 1,751,600 | ||||||||||||
Debt Securities | CNY mil | ... | ... | 478,384 | 493,057 | 588,544 | 903,871 | 1,318,100 | ||||||||||
Total Assets | CNY mil | 2,279,300 | 2,415,100 | 2,737,000 | 3,167,700 | 4,020,000 | ||||||||||||
Shareholders' Equity | CNY mil | 114,322 | 153,052 | 179,483 | 224,047 | 251,068 | ||||||||||||
Interbank Borrowing | CNY mil | 625,051 | 552,585 | 625,743 | 675,084 | 1,154,100 | ||||||||||||
Customer Deposits | CNY mil | 1,426,900 | 1,607,800 | 1,822,100 | 2,148,200 | 2,120,900 | ||||||||||||
Issued Debt Securities | CNY mil | 52,700 | 39,700 | 52,900 | 55,700 | 412,500 | ||||||||||||
ratios | ||||||||||||||||||
ROE | % | 22.4 | 20.0 | 17.4 | 14.6 | 12.8 | ||||||||||||
ROA | % | 1.18 | 1.14 | 1.12 | 1.00 | 0.844 | ||||||||||||
Costs (As % Of Assets) | % | 1.13 | 1.14 | 1.18 | 1.11 | 0.855 | ||||||||||||
Costs (As % Of Income) | % | 37.6 | 40.4 | 37.8 | 35.2 | 32.4 | ||||||||||||
Capital Adequacy Ratio | % | ... | ... | ... | 11.0 | 10.6 | 11.2 | 11.9 | 10.8 | |||||||||
Net Interest Margin | % | 2.51 | 2.17 | 2.26 | 2.25 | 1.82 | ||||||||||||
Interest Income (As % Of Revenues) | % | 83.0 | 76.6 | 72.7 | 71.1 | 68.8 | ||||||||||||
Fee Income (As % Of Revenues) | % | 15.7 | 22.5 | 23.9 | 28.1 | 29.6 | ||||||||||||
Equity (As % Of Assets) | % | 5.02 | 6.34 | 6.56 | 7.07 | 6.25 | ||||||||||||
Loans (As % Of Deposits) | % | 69.9 | 71.0 | 69.8 | 68.7 | 82.6 | ||||||||||||
Loans (As % Assets) | % | 43.8 | 47.3 | 46.5 | 46.6 | 43.6 | ||||||||||||
NPLs (As % Of Loans) | % | ... | ... | 0.768 | 0.898 | 1.57 | 2.43 | 1.62 | ||||||||||
Provisions (As % Of NPLs) | % | ... | ... | 329 | 231 | 137 | 104 | 150 | ||||||||||
valuation | ||||||||||||||||||
Market Capitalisation (End Of Period) | USD mil | ... | ... | ... | ... | ... | ... | ... | ... | 15,912 | 15,876 | 28,048 | 24,576 | 22,873 | ||||
Number Of Shares (Average) | mil | 40,435 | 40,611 | 46,646 | 46,679 | 46,679 | ||||||||||||
Share Price (End Of Period) | HKD | ... | ... | ... | ... | ... | ... | ... | ... | 3.05 | 3.03 | 4.66 | 4.08 | 3.80 | ||||
Earnings Per Share (EPS) | CNY | 0.583 | 0.658 | 0.619 | 0.633 | 0.650 | ||||||||||||
Book Value Per Share | CNY | 2.83 | 3.77 | 3.85 | 4.80 | 5.38 | ||||||||||||
Price/Earnings (P/E) | ... | ... | ... | ... | ... | ... | ... | ... | 6.50 | 5.90 | 9.41 | 7.70 | 6.52 | |||||
Price/Book Value (P/BV) | ... | ... | ... | ... | ... | ... | ... | ... | 1.34 | 1.03 | 1.51 | 1.02 | 0.788 | |||||
Earnings Per Share Growth | % | ... | 30.6 | 12.8 | -5.87 | 2.16 | 2.71 | |||||||||||
Book Value Per Share Growth | % | ... | 18.9 | 33.3 | 2.10 | 24.7 | 12.1 |
income statement | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
income statement | ||||||||||||||||||
Interest Income | CNY mil | 103,971 | 120,085 | 133,926 | 141,911 | 143,450 | ||||||||||||
Interest Cost | CNY mil | 53,708 | 69,220 | 75,667 | 75,448 | 78,162 | ||||||||||||
Net Interest Income | CNY mil | 50,263 | 50,865 | 58,259 | 66,463 | 65,288 | ||||||||||||
Net Fee Income | CNY mil | 9,479 | 14,952 | 19,157 | 26,301 | 28,112 | ||||||||||||
Other Income | CNY mil | 813 | 546 | 2,701 | 675 | 1,451 | ||||||||||||
Total Revenues | CNY mil | 60,555 | 66,363 | 80,117 | 93,439 | 94,851 | ||||||||||||
Operating Cost | CNY mil | 22,768 | 26,790 | 30,287 | 32,904 | 30,741 | ||||||||||||
Operating Profit | CNY mil | 37,787 | 39,573 | 49,830 | 60,535 | 64,110 | ||||||||||||
Provisions | CNY mil | 5,690 | 4,336 | 9,981 | 19,724 | 22,111 | ||||||||||||
Extra and Other Cost | CNY mil | 507 | 816 | 1,295 | 1,453 | 1,819 | ||||||||||||
Pre-Tax Profit | CNY mil | 31,590 | 34,421 | 38,554 | 39,358 | 40,180 | ||||||||||||
Tax | CNY mil | 7,970 | 7,667 | 9,626 | 9,781 | 9,792 | ||||||||||||
Minorities | CNY mil | ... | ... | 29.0 | 39.0 | 45.0 | 49.0 | 59.0 | ||||||||||
Net Profit | CNY mil | 23,591 | 26,715 | 28,883 | 29,528 | 30,329 | ||||||||||||
growth rates | ||||||||||||||||||
Net Interest Income Growth | % | ... | 27.4 | 1.20 | 14.5 | 14.1 | -1.77 | |||||||||||
Net Fee Income Growth | % | ... | 35.9 | 57.7 | 28.1 | 37.3 | 6.89 | |||||||||||
Total Revenue Growth | % | ... | 30.3 | 9.59 | 20.7 | 16.6 | 1.51 | |||||||||||
Operating Cost Growth | % | ... | 23.6 | 17.7 | 13.1 | 8.64 | -6.57 | |||||||||||
Operating Profit Growth | % | ... | 34.8 | 4.73 | 25.9 | 21.5 | 5.91 | |||||||||||
Pre-Tax Profit Growth | % | ... | 30.5 | 8.96 | 12.0 | 2.09 | 2.09 | |||||||||||
Net Profit Growth | % | ... | 30.6 | 13.2 | 8.12 | 2.23 | 2.71 | |||||||||||
market share | ||||||||||||||||||
Market Share in Revenues | % | ... | ... | ... | ... | ... | ... | ... | ... | 1.91 | 1.85 | 1.91 | 2.01 | 2.02 | ... | |||
Market Share in Net Profit | % | ... | ... | ... | ... | ... | 1.56 | ... | ... | ... | ... | ... | ... | |||||
Market Share in Employees | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
balance sheet | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
balance sheet | ||||||||||||||||||
Cash | CNY mil | 285,478 | 312,643 | 354,185 | 326,735 | 381,620 | ||||||||||||
Interbank Loans | CNY mil | 413,724 | 360,626 | 459,731 | 371,717 | 425,935 | ||||||||||||
Customer Loans | CNY mil | 997,331 | 1,142,100 | 1,271,400 | 1,475,400 | 1,751,600 | ||||||||||||
Retail Loans | CNY mil | ... | ... | ... | ... | ... | 311,454 | 391,372 | 458,385 | 525,020 | 663,131 | |||||||
Mortgage Loans | CNY mil | ... | ... | ... | ... | ... | ... | ... | 154,550 | 176,979 | 199,167 | 237,772 | 290,114 | |||||
Consumer Loans | CNY mil | ... | ... | ... | ... | ... | ... | ... | 156,904 | 214,393 | 259,218 | 287,248 | 373,017 | |||||
Corporate Loans | CNY mil | ... | ... | ... | ... | ... | 711,733 | 774,938 | 841,070 | 988,523 | 1,132,100 | |||||||
Debt Securities | CNY mil | ... | ... | 478,384 | 493,057 | 588,544 | 903,871 | 1,318,100 | ||||||||||
Fixed Assets | CNY mil | 13,810 | 14,673 | 15,246 | 14,873 | 16,459 | ||||||||||||
Total Assets | CNY mil | 2,279,300 | 2,415,100 | 2,737,000 | 3,167,700 | 4,020,000 | ||||||||||||
Shareholders' Equity | CNY mil | 114,322 | 153,052 | 179,483 | 224,047 | 251,068 | ||||||||||||
Of Which Minority Interest | CNY mil | 144 | 213 | 508 | 554 | 613 | ||||||||||||
Liabilities | CNY mil | 2,164,980 | 2,262,050 | 2,557,520 | 2,943,650 | 3,768,930 | ||||||||||||
Interbank Borrowing | CNY mil | 625,051 | 552,585 | 625,743 | 675,084 | 1,154,100 | ||||||||||||
Customer Deposits | CNY mil | 1,426,900 | 1,607,800 | 1,822,100 | 2,148,200 | 2,120,900 | ||||||||||||
Sight Deposits | CNY mil | ... | ... | ... | 554,928 | 497,585 | 562,607 | 625,513 | 812,023 | |||||||||
Term Deposits | CNY mil | ... | ... | ... | 871,972 | 1,110,220 | 1,259,490 | 1,522,690 | 1,308,880 | |||||||||
Issued Debt Securities | CNY mil | 52,700 | 39,700 | 52,900 | 55,700 | 412,500 | ||||||||||||
Other Liabilities | CNY mil | 60,327 | 61,963 | 56,774 | 64,669 | 81,432 | ||||||||||||
asset quality | ||||||||||||||||||
Non-Performing Loans | CNY mil | ... | ... | 7,857 | 10,469 | 20,461 | 36,738 | 29,091 | ||||||||||
Gross Loans | CNY mil | 1,023,200 | 1,166,300 | 1,299,500 | 1,513,500 | 1,795,300 | ||||||||||||
Total Provisions | CNY mil | 25,856 | 24,172 | 28,025 | 38,119 | 43,634 | ||||||||||||
growth rates | ||||||||||||||||||
Customer Loan Growth | % | ... | 14.8 | 14.5 | 11.3 | 16.0 | 18.7 | |||||||||||
Retail Loan Growth | % | ... | ... | ... | ... | ... | ... | 33.4 | 25.7 | 17.1 | 14.5 | 26.3 | ||||||
Mortgage Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | 18.7 | 14.5 | 12.5 | 19.4 | 22.0 | ||||
Consumer Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | 52.0 | 36.6 | 20.9 | 10.8 | 29.9 | ||||
Corporate Loan Growth | % | ... | ... | ... | ... | ... | ... | 8.43 | 8.88 | 8.53 | 17.5 | 14.5 | ||||||
Total Asset Growth | % | ... | 31.5 | 5.96 | 13.3 | 15.7 | 26.9 | |||||||||||
Shareholders' Equity Growth | % | ... | 18.9 | 33.9 | 17.3 | 24.8 | 12.1 | |||||||||||
Customer Deposit Growth | % | ... | 16.5 | 12.7 | 13.3 | 17.9 | -1.27 | |||||||||||
market share | ||||||||||||||||||
Market Share in Customer Loans | % | ... | 1.48 | 1.43 | 1.41 | 1.40 | 1.50 | |||||||||||
Market Share in Total Assets | % | ... | 1.71 | 1.58 | 1.59 | 1.59 | 1.74 | |||||||||||
Market Share in Customer Deposits | % | ... | 1.51 | 3.86 | 4.03 | 3.77 | 2.99 |
ratios | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
ratios | ||||||||||||||||||
ROE | % | 22.4 | 20.0 | 17.4 | 14.6 | 12.8 | ||||||||||||
ROA | % | 1.18 | 1.14 | 1.12 | 1.00 | 0.844 | ||||||||||||
Costs (As % Of Assets) | % | 1.13 | 1.14 | 1.18 | 1.11 | 0.855 | ||||||||||||
Costs (As % Of Income) | % | 37.6 | 40.4 | 37.8 | 35.2 | 32.4 | ||||||||||||
Capital Adequacy Ratio | % | ... | ... | ... | 11.0 | 10.6 | 11.2 | 11.9 | 10.8 | |||||||||
Tier 1 Ratio | % | ... | ... | ... | 8.00 | 9.11 | 9.34 | 10.2 | 9.34 | |||||||||
Net Interest Margin | % | 2.51 | 2.17 | 2.26 | 2.25 | 1.82 | ||||||||||||
Interest Spread | % | ... | 2.36 | 1.99 | 2.06 | 2.06 | 1.66 | |||||||||||
Asset Yield | % | 5.18 | 5.12 | 5.20 | 4.81 | 3.99 | ||||||||||||
Cost Of Liabilities | % | ... | 2.83 | 3.13 | 3.14 | 2.74 | 2.33 | |||||||||||
Interest Income (As % Of Revenues) | % | 83.0 | 76.6 | 72.7 | 71.1 | 68.8 | ||||||||||||
Fee Income (As % Of Revenues) | % | 15.7 | 22.5 | 23.9 | 28.1 | 29.6 | ||||||||||||
Other Income (As % Of Revenues) | % | 1.34 | 0.823 | 3.37 | 0.722 | 1.53 | ||||||||||||
Equity (As % Of Assets) | % | 5.02 | 6.34 | 6.56 | 7.07 | 6.25 | ||||||||||||
Loans (As % Of Deposits) | % | 69.9 | 71.0 | 69.8 | 68.7 | 82.6 | ||||||||||||
Loans (As % Assets) | % | 43.8 | 47.3 | 46.5 | 46.6 | 43.6 | ||||||||||||
NPLs (As % Of Loans) | % | ... | ... | 0.768 | 0.898 | 1.57 | 2.43 | 1.62 | ||||||||||
Provisions (As % Of NPLs) | % | ... | ... | 329 | 231 | 137 | 104 | 150 | ||||||||||
Provisions (As % Of Loans) | % | 2.59 | 2.12 | 2.20 | 2.58 | 2.49 | ||||||||||||
Cost of Provisions (As % Of Loans) | % | 0.610 | 0.405 | 0.827 | 1.44 | 1.37 |
other data | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
other data | ||||||||||||||||||
Employees | ... | ... | 32,000 | 36,290 | 39,015 | 40,319 | 42,426 | |||||||||||
Sight (As % Of Customer Deposits) | % | ... | ... | ... | 38.9 | 30.9 | 30.9 | 29.1 | 38.3 | |||||||||
On-balance Sheet Loans | RMB mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1,142,100 | 1,271,400 | 1,475,400 | 1,751,600 |
Get all company financials in excel:
By Helgi Library - October 11, 2019
China Everbright Bank generated total banking revenues of CNY 32,467 mil in the second quarter of 2019, up 15.5% when compared to the same period of last year and down 5.93% when compared to the previous quarter. Historically, the bank’s revenues ...
By Helgi Library - October 11, 2019
China Everbright Bank's net interest margin amounted to 2.18% in the second quarter of 2019, down from 2.18% when compared to the previous quarter. Historically, the bank’s net interest margin reached an all time high of 2.60% in 1Q2012 and an all time low o...
By Helgi Library - October 11, 2019
China Everbright Bank stock traded at HKD 3.21 per share at the end second quarter of 2019 implying a market capitalization of USD 25,606 mil. Since the end of 2Q2014, the stock has appreciated by 29.7 % implying an annual average growth of 5.33 %. In absolute terms, ...
By Helgi Library - October 11, 2019
China Everbright Bank's customer deposits reached CNY 2,120,900 mil in 2016-12-31, down 0.516% compared to the previous year. Chinese banking sector accepted customer deposits of CNY 71,030 bil in 2016-12-31, up 6.68% when compared to the last year. China...
By Helgi Library - October 11, 2019
China Everbright Bank's capital adequacy ratio reached 12.3% at the end of second quarter of 2019, down from 12.9% when compared to the previous quarter. Historically, the bank’s capital ratio hit an all time high of 13.5% in 4Q2017 and an all time low of 9.65% in ...
By Helgi Library - October 11, 2019
China Everbright Bank stock traded at HKD 3.21 per share at the end of second quarter of 2019 implying a market capitalization of USD 25,606 mil. Over the last five years, the stock has appreciated by 29.7 % implying an annual average growth of 5.33 %. In absolute ter...
By Helgi Library - December 12, 2019
China Everbright Bank's Equity reached 4.91% of total assets in the 2Q2019, up from 4.86% for the previous year. As a share of net customer loans, the ratio amounted to 10.9% at the end of the second quarter of 2019. ...
By Helgi Library - October 11, 2019
China Everbright Bank's retail loans reached CNY 1,105,400 mil at the end of 2019-06-30, up 2.42% compared to the previous year. In the last decade, the average annual loan growth amounted to 0%. Overall, retail loans accounted for 43.7% of the bank's loan ...
By Helgi Library - October 11, 2019
China Everbright Bank's customer loan growth reached 16.4% in 2019-06-30, up from 13.4% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 19.8% in 2016-06-30 and an all time low of 11.3% in 2018-03-31. In the...
By Helgi Library - October 11, 2019
China Everbright Bank's net interest margin amounted to 1.45% in 2018, down from 1.50% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 2.83% in 2008 and an all time low of 1.45% in 2018. The averag...
China Everbright Bank has been growing its revenues and asset by 16.1% and 17.7% a year on average in the last 10 years. Its loans and deposits have grown by 18.0% and 15.7% a year during that time and loans to deposits ratio reached 91.5% at the end of 2018. The company achieved an average return on equity of 16.8% in the last decade with net profit growing 16.5% a year on average. In terms of operating efficiency, its cost to income ratio reached 29.8% in 2018, compared to 37.5% average in the last decade.
Equity represented 7.40% of total assets or 13.7% of loans at the end of 2018. China Everbright Bank's non-performing loans were 1.61% of total loans while provisions covered some 154% of NPLs at the end of 2018.
China Everbright Bank stock traded at HKD 3.70 per share at the end of 2018 resulting in a market capitalization of USD 24,803 mil. Over the previous five years, stock price rose by 22.1% or 4.07% a year on average. That’s compared to an average ROE of 13.4% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of 6.57x and price to book value (PBV) of 0.685x in 2018.