By Helgi Library - October 11, 2019
Huaxia Bank's capital adequacy ratio reached 14.1% at the end of second quarter of 2019, up from 12.8% when compared to the previ...
By Helgi Library - October 11, 2019
Huaxia Bank's loans reached CNY 1,779,800 mil in the second quarter of 2019, up from CNY 1,696,660 mil when compared to the ...
By Helgi Library - October 11, 2019
Huaxia Bank generated total banking revenues of CNY 20,813 mil in the second quarter of 2019, up 18.5% when compared to the same ...
Profit Statement | 2016 | 2017 | 2018 | |
Net Interest Income | CNY mil | 48,989 | 47,318 | 51,538 |
Net Fee Income | CNY mil | 14,656 | 18,407 | 17,758 |
Other Income | CNY mil | 1,676 | 1,707 | 4,886 |
Total Revenues | CNY mil | 65,321 | 67,432 | 74,182 |
Operating Profit | CNY mil | 26,068 | 14,518 | 9,684 |
Provisions | CNY mil | 13,411 | 16,418 | 20,186 |
Net Profit | CNY mil | 19,677 | 19,819 | 20,854 |
Balance Sheet | 2016 | 2017 | 2018 | |
Interbank Loans | CNY mil | 271,680 | 112,289 | 64,257 |
Customer Loans | CNY mil | 1,184,360 | 1,355,580 | 1,566,240 |
Total Assets | CNY mil | 2,356,240 | 2,508,930 | 2,680,580 |
Shareholders' Equity | CNY mil | 152,973 | 169,498 | 218,715 |
Interbank Borrowing | CNY mil | 726,148 | 750,111 | 793,594 |
Customer Deposits | CNY mil | 1,365,090 | 1,428,860 | 1,488,980 |
Issued Debt Securities | CNY mil | 55,000 | 102,000 | 122,500 |
Ratios | 2016 | 2017 | 2018 | |
ROE | % | 14.5 | 12.3 | 10.7 |
ROA | % | 0.899 | 0.815 | 0.804 |
Costs (As % Of Assets) | % | 1.79 | 2.18 | 2.49 |
Costs (As % Of Income) | % | 60.1 | 78.5 | 86.9 |
Capital Adequacy Ratio | % | 12.4 | 13.2 | 14.1 |
Net Interest Margin | % | 2.24 | 1.95 | 1.99 |
Loans (As % Of Deposits) | % | 86.8 | 94.9 | 105 |
NPLs (As % Of Loans) | % | 1.76 | 1.96 | 2.09 |
Provisions (As % Of NPLs) | % | 151 | 141 | 140 |
Valuation | 2016 | 2017 | 2018 | |
Price/Earnings (P/E) | 6.57 | 6.99 | 5.17 | |
Price/Book Value (P/BV) | 0.846 | 0.817 | 0.493 | |
Earnings Per Share (EPS) | CNY | 1.53 | 1.55 | 1.63 |
Book Value Per Share | CNY | 11.9 | 13.2 | 17.1 |
Get all company financials in excel:
summary | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
income statement | ||||||||||||||||||||
Net Interest Income | CNY mil | 35,344 | 38,902 | 46,241 | 46,083 | 48,989 | ||||||||||||||
Total Revenues | CNY mil | 40,145 | 45,768 | 54,852 | 59,886 | 65,321 | ||||||||||||||
Operating Profit | CNY mil | 2,094 | 8,417 | 6,731 | 14,645 | 26,068 | ||||||||||||||
Net Profit | CNY mil | 12,796 | 15,506 | 17,981 | 18,883 | 19,677 | ||||||||||||||
balance sheet | ||||||||||||||||||||
Interbank Loans | CNY mil | 357,952 | 389,257 | 204,910 | 325,763 | 271,680 | ||||||||||||||
Customer Loans | CNY mil | 699,861 | 800,726 | 916,105 | 1,041,940 | 1,184,360 | ||||||||||||||
Debt Securities | CNY mil | ... | 183,486 | 194,753 | 409,925 | 357,075 | 640,162 | |||||||||||||
Total Assets | CNY mil | 1,488,860 | 1,672,450 | 1,851,630 | 2,020,600 | 2,356,240 | ||||||||||||||
Shareholders' Equity | CNY mil | 74,723 | 86,019 | 102,099 | 118,388 | 152,973 | ||||||||||||||
Interbank Borrowing | CNY mil | 348,492 | 374,408 | 367,180 | 414,832 | 726,148 | ||||||||||||||
Customer Deposits | CNY mil | 1,033,970 | 1,175,550 | 1,300,290 | 1,348,750 | 1,365,090 | ||||||||||||||
Issued Debt Securities | CNY mil | 8,430 | 8,430 | 43,897 | 96,920 | 55,000 | ||||||||||||||
ratios | ||||||||||||||||||||
ROE | % | 18.5 | 19.3 | 19.1 | 17.1 | 14.5 | ||||||||||||||
ROA | % | 0.936 | 0.981 | 1.02 | 0.975 | 0.899 | ||||||||||||||
Costs (As % Of Assets) | % | 2.78 | 2.36 | 2.73 | 2.34 | 1.79 | ||||||||||||||
Costs (As % Of Income) | % | 94.8 | 81.6 | 87.7 | 75.5 | 60.1 | ||||||||||||||
Capital Adequacy Ratio | % | ... | ... | ... | 9.88 | 11.0 | 10.9 | 11.4 | 12.4 | |||||||||||
Net Interest Margin | % | 2.59 | 2.46 | 2.62 | 2.38 | 2.24 | ||||||||||||||
Interest Income (As % Of Revenues) | % | 88.0 | 85.0 | 84.3 | 77.0 | 75.0 | ||||||||||||||
Fee Income (As % Of Revenues) | % | 10.1 | 13.8 | 14.0 | 20.7 | 22.4 | ||||||||||||||
Equity (As % Of Assets) | % | 5.02 | 5.14 | 5.51 | 5.86 | 6.49 | ||||||||||||||
Loans (As % Of Deposits) | % | 67.7 | 68.1 | 70.5 | 77.3 | 86.8 | ||||||||||||||
Loans (As % Assets) | % | 47.0 | 47.9 | 49.5 | 51.6 | 50.3 | ||||||||||||||
NPLs (As % Of Loans) | % | ... | ... | ... | ... | ... | 0.906 | 0.928 | 1.12 | 1.58 | 1.76 | |||||||||
Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | 311 | 294 | 227 | 161 | 151 | |||||||||
valuation | ||||||||||||||||||||
Market Capitalisation (End Of Period) | USD mil | ... | ... | ... | 11,379 | 12,605 | 19,315 | 19,984 | 16,682 | |||||||||||
Number Of Shares (Average) | mil | 12,823 | 12,823 | 12,823 | 12,823 | 12,823 | ||||||||||||||
Share Price (End Of Period) | CNY | ... | ... | ... | 5.53 | 5.95 | 9.35 | 10.1 | 9.04 | |||||||||||
Earnings Per Share (EPS) | CNY | 0.998 | 1.21 | 1.40 | 1.47 | 1.53 | ||||||||||||||
Book Value Per Share | CNY | 5.83 | 6.71 | 7.96 | 9.23 | 11.9 | ||||||||||||||
Price/Earnings (P/E) | ... | ... | ... | 6.89 | 6.30 | 8.33 | 8.20 | 6.57 | ||||||||||||
Price/Book Value (P/BV) | ... | ... | ... | 1.18 | 1.14 | 1.47 | 1.31 | 0.846 | ||||||||||||
Earnings Per Share Growth | % | ... | 26.2 | 21.2 | 16.0 | 5.02 | 4.20 | |||||||||||||
Book Value Per Share Growth | % | ... | 6.31 | 15.1 | 18.7 | 16.0 | 29.2 |
income statement | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
income statement | ||||||||||||||||||||
Interest Income | CNY mil | 73,395 | 76,253 | 94,362 | 91,324 | 88,242 | ||||||||||||||
Interest Cost | CNY mil | 38,051 | 37,351 | 48,121 | 45,241 | 39,253 | ||||||||||||||
Net Interest Income | CNY mil | 35,344 | 38,902 | 46,241 | 46,083 | 48,989 | ||||||||||||||
Net Fee Income | CNY mil | 4,046 | 6,312 | 7,652 | 12,372 | 14,656 | ||||||||||||||
Other Income | CNY mil | 756 | 554 | 959 | 1,431 | 1,676 | ||||||||||||||
Total Revenues | CNY mil | 40,145 | 45,768 | 54,852 | 59,886 | 65,321 | ||||||||||||||
Operating Cost | CNY mil | 38,051 | 37,351 | 48,121 | 45,241 | 39,253 | ||||||||||||||
Operating Profit | CNY mil | 2,094 | 8,417 | 6,731 | 14,645 | 26,068 | ||||||||||||||
Provisions | CNY mil | 3,812 | 3,634 | 5,225 | 8,818 | 13,411 | ||||||||||||||
Extra and Other Cost | CNY mil | -18,969 | -15,922 | -22,497 | -19,378 | -13,586 | ||||||||||||||
Pre-Tax Profit | CNY mil | 17,252 | 20,705 | 24,003 | 25,205 | 26,243 | ||||||||||||||
Tax | CNY mil | 4,456 | 5,194 | 5,980 | 6,253 | 6,487 | ||||||||||||||
Minorities | CNY mil | -0.622 | 5.00 | 42.0 | 69.0 | 79.0 | ||||||||||||||
Net Profit | CNY mil | 12,796 | 15,506 | 17,981 | 18,883 | 19,677 | ||||||||||||||
growth rates | ||||||||||||||||||||
Net Interest Income Growth | % | ... | 16.7 | 10.1 | 18.9 | -0.342 | 6.31 | |||||||||||||
Net Fee Income Growth | % | ... | 36.0 | 56.0 | 21.2 | 61.7 | 18.5 | |||||||||||||
Total Revenue Growth | % | ... | 18.1 | 14.0 | 19.8 | 9.18 | 9.08 | |||||||||||||
Operating Cost Growth | % | ... | 18.0 | -1.84 | 28.8 | -5.98 | -13.2 | |||||||||||||
Operating Profit Growth | % | ... | 20.2 | 302 | -20.0 | 118 | 78.0 | |||||||||||||
Pre-Tax Profit Growth | % | ... | 37.7 | 20.0 | 15.9 | 5.01 | 4.12 | |||||||||||||
Net Profit Growth | % | ... | 38.8 | 21.2 | 16.0 | 5.02 | 4.20 | |||||||||||||
market share | ||||||||||||||||||||
Market Share in Revenues | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1.27 | 1.28 | 1.31 | 1.29 | 1.39 | ... | |||
Market Share in Net Profit | % | ... | ... | ... | ... | ... | ... | ... | 0.847 | ... | ... | ... | ... | ... | ... | |||||
Market Share in Employees | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
balance sheet | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
balance sheet | ||||||||||||||||||||
Cash | CNY mil | 227,152 | 262,227 | 292,248 | 264,094 | 222,173 | ||||||||||||||
Interbank Loans | CNY mil | 357,952 | 389,257 | 204,910 | 325,763 | 271,680 | ||||||||||||||
Customer Loans | CNY mil | 699,861 | 800,726 | 916,105 | 1,041,940 | 1,184,360 | ||||||||||||||
Retail Loans | CNY mil | ... | ... | ... | ... | ... | 100,667 | 142,754 | 174,740 | 200,905 | 245,658 | |||||||||
Mortgage Loans | CNY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | 72,793 | 97,398 | 108,953 | 111,248 | 123,841 | |||||
Consumer Loans | CNY mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | 27,874 | 45,356 | 65,787 | 89,657 | 121,817 | |||||
Corporate Loans | CNY mil | 619,501 | 680,415 | 765,249 | 868,267 | 970,996 | ||||||||||||||
Debt Securities | CNY mil | ... | 183,486 | 194,753 | 409,925 | 357,075 | 640,162 | |||||||||||||
Fixed Assets | CNY mil | 7,659 | 8,072 | 9,359 | 11,252 | 11,372 | ||||||||||||||
Total Assets | CNY mil | 1,488,860 | 1,672,450 | 1,851,630 | 2,020,600 | 2,356,240 | ||||||||||||||
Shareholders' Equity | CNY mil | 74,723 | 86,019 | 102,099 | 118,388 | 152,973 | ||||||||||||||
Of Which Minority Interest | CNY mil | 28.4 | 599 | 641 | 710 | 789 | ||||||||||||||
Liabilities | CNY mil | 1,414,140 | 1,586,430 | 1,749,530 | 1,902,220 | 2,203,260 | ||||||||||||||
Interbank Borrowing | CNY mil | 348,492 | 374,408 | 367,180 | 414,832 | 726,148 | ||||||||||||||
Customer Deposits | CNY mil | 1,033,970 | 1,175,550 | 1,300,290 | 1,348,750 | 1,365,090 | ||||||||||||||
Sight Deposits | CNY mil | 413,511 | 477,228 | 472,921 | 600,667 | 674,781 | ||||||||||||||
Term Deposits | CNY mil | 620,458 | 698,326 | 827,365 | 748,084 | 690,313 | ||||||||||||||
Issued Debt Securities | CNY mil | 8,430 | 8,430 | 43,897 | 96,920 | 55,000 | ||||||||||||||
Other Liabilities | CNY mil | 23,247 | 28,036 | 38,166 | 41,713 | 57,020 | ||||||||||||||
asset quality | ||||||||||||||||||||
Non-Performing Loans | CNY mil | ... | ... | ... | ... | ... | 6,528 | 7,641 | 10,531 | 16,933 | 21,440 | |||||||||
Gross Loans | CNY mil | 720,168 | 823,169 | 939,989 | 1,069,170 | 1,216,650 | ||||||||||||||
Total Provisions | CNY mil | 20,307 | 22,443 | 23,884 | 27,235 | 32,299 | ||||||||||||||
growth rates | ||||||||||||||||||||
Customer Loan Growth | % | ... | 17.8 | 14.4 | 14.4 | 13.7 | 13.7 | |||||||||||||
Retail Loan Growth | % | ... | ... | ... | ... | ... | ... | 34.2 | 41.8 | 22.4 | 15.0 | 22.3 | ||||||||
Mortgage Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 30.8 | 33.8 | 11.9 | 2.11 | 11.3 | ||||
Consumer Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 44.3 | 62.7 | 45.0 | 36.3 | 35.9 | ||||
Corporate Loan Growth | % | ... | 15.5 | 9.83 | 12.5 | 13.5 | 11.8 | |||||||||||||
Total Asset Growth | % | ... | 19.7 | 12.3 | 10.7 | 9.13 | 16.6 | |||||||||||||
Shareholders' Equity Growth | % | ... | 16.9 | 15.1 | 18.7 | 16.0 | 29.2 | |||||||||||||
Customer Deposit Growth | % | ... | 15.7 | 13.7 | 10.6 | 3.73 | 1.21 | |||||||||||||
market share | ||||||||||||||||||||
Market Share in Customer Loans | % | ... | ... | ... | 1.04 | 1.01 | 1.02 | 0.991 | 1.02 | |||||||||||
Market Share in Total Assets | % | ... | ... | ... | 1.11 | 1.10 | 1.08 | 1.01 | 1.02 | |||||||||||
Market Share in Customer Deposits | % | ... | ... | ... | 1.10 | 2.82 | 2.87 | 2.37 | 1.92 |
ratios | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
ratios | ||||||||||||||||||||
ROE | % | 18.5 | 19.3 | 19.1 | 17.1 | 14.5 | ||||||||||||||
ROA | % | 0.936 | 0.981 | 1.02 | 0.975 | 0.899 | ||||||||||||||
Costs (As % Of Assets) | % | 2.78 | 2.36 | 2.73 | 2.34 | 1.79 | ||||||||||||||
Costs (As % Of Income) | % | 94.8 | 81.6 | 87.7 | 75.5 | 60.1 | ||||||||||||||
Capital Adequacy Ratio | % | ... | ... | ... | 9.88 | 11.0 | 10.9 | 11.4 | 12.4 | |||||||||||
Tier 1 Ratio | % | ... | 8.03 | 8.49 | 8.89 | 9.70 | 9.37 | |||||||||||||
Net Interest Margin | % | 2.59 | 2.46 | 2.62 | 2.38 | 2.24 | ||||||||||||||
Interest Spread | % | ... | 2.44 | 2.33 | 2.47 | 2.24 | 2.12 | |||||||||||||
Asset Yield | % | 5.37 | 4.82 | 5.36 | 4.72 | 4.03 | ||||||||||||||
Cost Of Liabilities | % | ... | 2.93 | 2.49 | 2.88 | 2.48 | 1.91 | |||||||||||||
Interest Income (As % Of Revenues) | % | 88.0 | 85.0 | 84.3 | 77.0 | 75.0 | ||||||||||||||
Fee Income (As % Of Revenues) | % | 10.1 | 13.8 | 14.0 | 20.7 | 22.4 | ||||||||||||||
Other Income (As % Of Revenues) | % | 1.88 | 1.21 | 1.75 | 2.39 | 2.57 | ||||||||||||||
Equity (As % Of Assets) | % | 5.02 | 5.14 | 5.51 | 5.86 | 6.49 | ||||||||||||||
Loans (As % Of Deposits) | % | 67.7 | 68.1 | 70.5 | 77.3 | 86.8 | ||||||||||||||
Loans (As % Assets) | % | 47.0 | 47.9 | 49.5 | 51.6 | 50.3 | ||||||||||||||
NPLs (As % Of Loans) | % | ... | ... | ... | ... | ... | 0.906 | 0.928 | 1.12 | 1.58 | 1.76 | |||||||||
Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | 311 | 294 | 227 | 161 | 151 | |||||||||
Provisions (As % Of Loans) | % | 2.90 | 2.80 | 2.61 | 2.61 | 2.73 | ||||||||||||||
Cost of Provisions (As % Of Loans) | % | 0.589 | 0.484 | 0.609 | 0.901 | 1.20 |
other data | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
other data | ||||||||||||||||||||
Employees | ... | ... | ... | 23,082 | 25,200 | 27,835 | 34,243 | 39,354 | ||||||||||||
Sight (As % Of Customer Deposits) | % | 40.0 | 40.6 | 36.4 | 44.5 | 49.4 | ||||||||||||||
On-balance Sheet Loans | RMB mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 800,726 | 916,105 | 1,041,940 | 1,184,360 |
Get all company financials in excel:
By Helgi Library - October 11, 2019
Huaxia Bank's net interest margin amounted to 2.24% in the second quarter of 2019, up from 1.91% when compared to the previous quarter. Historically, the bank’s net interest margin reached an all time high of 2.88% in 3Q2011 and an all time low of 1.86%...
By Helgi Library - October 11, 2019
Huaxia Bank's customer deposits reached CNY 1,365,090 mil in 2016-12-31, down 0.464% 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. Huaxia Bank acc...
By Helgi Library - October 11, 2019
Huaxia Bank stock traded at CNY 7.70 per share at the end second quarter of 2019 implying a market capitalization of USD 17,246 mil. Since the end of 2Q2014, the stock has appreciated by 35.2 % implying an annual average growth of 6.22 %. In absolute terms, the value ...
By Helgi Library - October 23, 2019
Huaxia Bank stock traded at JPY 1,645 per share at the end of second quarter of 2019 implying a market capitalization of USD 3,477 mil. Over the last five years, the stock has depreciated by 36.4 implying an annual average growth of -8.65% In absolute ter...
By Helgi Library - October 11, 2019
Huaxia Bank stock traded at CNY 7.70 per share at the end of second quarter of 2019 implying a market capitalization of USD 17,246 mil. Over the last five years, the stock has appreciated by 35.2 % implying an annual average growth of 6.22 %. In absolute terms, the va...
By Helgi Library - October 11, 2019
Huaxia 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
Huaxia Bank's retail loans reached CNY 460,666 mil at the end of 2019-06-30, up 3.23% compared to the previous year. In the last decade, the average annual loan growth amounted to 0%. Overall, retail loans accounted for 26.5% of the bank's loan book at the ...
By Helgi Library - October 11, 2019
Huaxia Bank's customer loan growth reached 16.2% in 2019-06-30, down from 17.2% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 22.7% in 2010-12-31 and an all time low of 12.0% in 2015-09-30. In the last de...
By Helgi Library - October 11, 2019
Huaxia Bank's capital adequacy ratio reached 14.1% at the end of 2018, up from 13.2% compared to the previous year. Historically, the bank’s capital ratio hit an all time high of 14.1% in 2018 and an all time low of 8.27% in 2004. The Tier 1 ratio amounted to...
By Helgi Library - October 11, 2019
Huaxia Bank's net interest margin amounted to 1.99% in 2018, up from 1.95% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 2.66% in 2001 and an all time low of 1.95% in 2017. The average margin in ...
Huaxia Bank has been growing its revenues and asset by 15.3% and 13.9% a year on average in the last 10 years. Its loans and deposits have grown by 16.3% and 11.9% a year during that time and loans to deposits ratio reached 105% at the end of 2018. The company achieved an average return on equity of 16.1% in the last decade with net profit growing 21.1% a year on average. In terms of operating efficiency, its cost to income ratio reached 86.9% in 2018, compared to 83.9% average in the last decade.
Equity represented 8.16% of total assets or 14.0% of loans at the end of 2018. Huaxia Bank's non-performing loans were 2.09% of total loans while provisions covered some 140% of NPLs at the end of 2018.
Huaxia Bank stock traded at CNY 7.39 per share at the end of 2018 resulting in a market capitalization of USD 13,773 mil. Over the previous five years, stock price rose by 24.2% or 4.43% a year on average. That’s compared to an average ROE of 14.8% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of 5.17x and price to book value (PBV) of 0.493x in 2018.