Projected Income Statement: Industrial Bank Co., Ltd.

Forecast Balance Sheet: Industrial Bank Co., Ltd.

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Change - - - - - - - -
Announcement Date 1/15/20 1/14/21 1/10/22 1/30/23 3/28/24 - - -
Estimates

Cash Flow Forecast: Industrial Bank Co., Ltd.

Fiscal Period: December 2018 2019 2020 2021 2022 2023
CAPEX 1 6,395 5,517 6,585 5,624 5,916 4,907
Change - -13.73% 19.36% -14.59% 5.19% -17.06%
Free Cash Flow (FCF) 1 - - - - - -
Change - - - - - -
Announcement Date 4/29/19 4/28/20 4/2/21 3/24/22 3/30/23 3/29/24
1CNY in Million
Estimates

Forecast Financial Ratios: Industrial Bank Co., Ltd.

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025 2026

Profitability

         
EBITDA Margin (%) - - - - - - - - -
EBIT Margin (%) - 40.96% 37.68% 73.32% 69.6% 68.93% 69.83% 70.21% 70.55%
EBT Margin (%) - 41.09% 37.73% 43.08% 47.77% 40% 41.1% 41.49% 41.19%
Net margin (%) - 36.33% 32.8% 37.37% 41.09% 36.58% 36.42% 36.71% 36.5%
FCF / Net Income (%) - - - - - - - - -

Profitability

         
ROA - 0.95% 0.89% 1% 1.02% 0.79% 0.74% 0.72% 0.69%
ROE - 14.02% 12.62% 13.94% 13.85% 10.64% 10.01% 9.72% 9.41%

Financial Health

         
Leverage (Debt/EBITDA) - - - - - - - - -
Debt / Free cash flow - - - - - - - - -

Capital Intensity

         
CAPEX / Current Assets (%) - - - - - - - - -
CAPEX / EBITDA (%) - - - - - - - - -
CAPEX / FCF (%) - - - - - - - - -

Items per share

         
Cash flow per share 1 - - - - - - - - -
Change - - - - - - - - -
Dividend per Share 1 - 0.762 0.802 1.035 1.188 1.04 1.047 1.094 1.137
Change - - 5.25% 29.05% 14.78% -12.46% 0.71% 104.42% 103.99%
Book Value Per Share 1 - 26.06 25.5 28.8 31.79 34.2 36.89 39.68 42.49
Change - - -2.15% 12.94% 10.38% 7.58% 7.86% 107.55% 107.1%
EPS 1 - 3.1 3.08 3.77 4.2 3.51 3.689 3.848 4.035
Change - - -0.65% 22.4% 11.41% -16.43% 5.1% 104.32% 104.86%
Nbr of stocks (in thousands) - 20,774,191 20,774,191 20,774,191 20,774,244 20,774,290 20,774,300 20,774,300 20,774,300
Announcement Date - 1/15/20 1/14/21 1/10/22 1/30/23 3/28/24 - - -
1CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
16.83CNY
Average target price
18.80CNY
Spread / Average Target
+11.70%
Consensus
  1. Stock Market
  2. Equities
  3. 601166 Stock
  4. Financials Industrial Bank Co., Ltd.