Industrial and Commercial Bank of China Limited
Industrial and Commercial Bank of China Limited (1398.HK) Financial Performance & Income Statement Overview
Review Industrial and Commercial Bank of China Limited (1398.HK) income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
Industrial and Commercial Bank of China Limited (1398.HK) Income Statement & Financial Overview
Analyze Industrial and Commercial Bank of China Limited’s 1398.HK earnings with segmented quarterly and yearly financial statement figures.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $194.53B | $204.71B | $403.85B | $416.31B |
| Cost of Revenue | $0.00 | $0.00 | $1.87B | $0.00 |
| Gross Profit | $194.53B | $204.71B | $401.98B | $416.31B |
| Gross Profit Ratio | $1.00 | $1.00 | $1.00 | $1.00 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | -$40.74B | $57.47B | $53.77B | $45.69B |
| Operating Expenses | $84.61B | $204.71B | $59.20B | $57.69B |
| Total Costs & Expenses | $84.61B | $204.71B | $311.02B | $315.19B |
| Interest Income | $353.47B | $353.43B | $357.97B | $363.08B |
| Interest Expense | $192.80B | $190.64B | $205.43B | $201.68B |
| Depreciation & Amortization | $9.66B | $143.00M | $8.46B | -$101.50B |
| EBITDA | $0.00 | $110.008B | $101.68B | $541.00M |
| EBITDA Ratio | $0.00 | $0.54 | $0.25 | $0.001 |
| Operating Income | $109.93B | $109.86B | $1.09B | $541.00M |
| Operating Income Ratio | $0.57 | $0.54 | $0.003 | $0.001 |
| Other Income/Expenses (Net) | $3.50B | $1.35B | $19.84B | -$95.92B |
| Income Before Tax | $113.42B | $111.22B | $93.22B | $101.50B |
| Income Before Tax Ratio | $0.58 | $0.54 | $0.23 | $0.24 |
| Income Tax Expense | $16.95B | $12.04B | $11.49B | $14.39B |
| Net Income | $96.84B | $98.56B | $82.81B | $87.65B |
| Net Income Ratio | $0.50 | $0.48 | $0.21 | $0.21 |
| EPS | $0.26 | $0.25 | $0.23 | $0.25 |
| Diluted EPS | $0.26 | $0.25 | $0.23 | $0.24 |
| Weighted Avg Shares Outstanding | $373.33B | $394.23B | $356.41B | $363.34B |
| Weighted Avg Shares Outstanding (Diluted) | $373.33B | $394.23B | $356.41B | $363.34B |
Over the last four quarters, Industrial and Commercial Bank of China Limited's revenue moved from $416.31B in Q1 2024 to $194.53B in Q4 2024. Operating income in Q4 2024 was $109.93B, with a strong operating margin of 57%. Despite fluctuations in R&D and SG&A expenses, EBITDA for Industrial and Commercial Bank of China Limited remained robust at $0.00, reflecting operational efficiency. Net income dropped to $96.84B, with an EPS of $0.26. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
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