Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Agricultural Bank of China Limited Class H (HK:1288)
:1288
Holding HK:1288?
Track your performance easily
Earnings Data
Report Date
Mar 28, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.18Last Year’s EPS
0.19Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Oct 30, 2018
|% Change Since: 8.66%
|Next Earnings Date:Aug 28, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook with stable asset quality and loan growth being offset by pressures on interest income and challenges in the real estate market. Despite these challenges, the bank maintains a strong provision coverage ratio, indicating resilience against future risks.Company Guidance
During the Q3 2024 earnings call for 601288.SS, the company reported a positive net profit of CNY 215.3 billion, with operating income up 1.3% year-over-year (Y-o-Y) and net interest income rising to CNY 137.8 billion, marking a 1% Y-o-Y increase. The net interest margin remained steady at 1.45%, with domestic debalance growing by CNY 2.2 trillion, an 8.2% Y-o-Y rise. The personal loan balance reached CNY 8.75 trillion, while corporate finance stood at CNY 14.3 trillion. The provision coverage ratio remained robust at over 800%, ensuring a strong cushion against risks. The company also highlighted a decline in the non-performing loan (NPL) ratio to 1.32%, reflecting a 0.01 percentage point improvement. Looking ahead, the company anticipates stable asset quality and continues to focus on key business areas, striving to enhance asset quality and expand its market presence while maintaining a stable operating performance.Stable Asset Quality
NPL ratio decreased to 1.32%, down 0.01 percentage points compared to H1, indicating improved asset quality.
Growth in Domestic Loans
Domestic loans increased by CNY 2.2 trillion, an 8.2% year-over-year growth.
Strong Cushion Against Risk
Provision coverage ratio remains above 800%, providing a strong buffer against potential risks.
Rural Economy Support
Continued improvement in serving the rural economy, contributing to a 3.6% increase in net profit.
---
HK:1288 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
HK:1288 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | HK$3.85 | HK$3.80 | -1.27% |
| Aug 30, 2024 | HK$3.42 | HK$3.35 | -1.99% |
| Apr 29, 2024 | HK$3.18 | HK$3.23 | +1.70% |
| Aug 29, 2023 | HK$2.35 | HK$2.42 | +2.72% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Agricultural Bank of China Limited Class H (HK:1288) report earnings?
Agricultural Bank of China Limited Class H (HK:1288) is schdueled to report earning on Mar 28, 2025, TBA Not Confirmed.
What is Agricultural Bank of China Limited Class H (HK:1288) earnings time?
Agricultural Bank of China Limited Class H (HK:1288) earnings time is at Mar 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Agricultural Bank of China Limited Class H stock?
The P/E ratio of Agricultural Bank of China is N/A.
What is HK:1288 EPS forecast?
HK:1288 EPS forecast for the fiscal quarter 2024 (Q4) is 0.18.
---