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Weihai City Commercial Bank Co (HKSE:09677) Revenue : HK$8,628 Mil (TTM As of Dec. 2023)


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What is Weihai City Commercial Bank Co Revenue?

Weihai City Commercial Bank Co's revenue for the six months ended in Dec. 2023 was HK$4,030 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$8,628 Mil. Weihai City Commercial Bank Co's Revenue per Share for the six months ended in Dec. 2023 was HK$0.67. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1.44.

Warning Sign:

Weihai City Commercial Bank Co Ltd revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Weihai City Commercial Bank Co was 1.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 4.00% per year. During the past 5 years, the average Revenue per Share Growth Rate was 14.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 7 years, Weihai City Commercial Bank Co's highest 3-Year average Revenue per Share Growth Rate was 23.40% per year. The lowest was 4.00% per year. And the median was 17.20% per year.


Weihai City Commercial Bank Co Revenue Historical Data

The historical data trend for Weihai City Commercial Bank Co's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Weihai City Commercial Bank Co Revenue Chart

Weihai City Commercial Bank Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial 5,332.60 6,643.42 8,354.48 8,541.63 8,628.04

Weihai City Commercial Bank Co Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,064.24 4,347.02 4,400.37 4,598.29 4,029.76

Competitive Comparison of Weihai City Commercial Bank Co's Revenue

For the Banks - Regional subindustry, Weihai City Commercial Bank Co's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Weihai City Commercial Bank Co's Revenue Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Weihai City Commercial Bank Co's Revenue distribution charts can be found below:

* The bar in red indicates where Weihai City Commercial Bank Co's Revenue falls into.



Weihai City Commercial Bank Co Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$8,628 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Weihai City Commercial Bank Co  (HKSE:09677) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Weihai City Commercial Bank Co Revenue Related Terms

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Weihai City Commercial Bank Co (HKSE:09677) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Baoquan Road, Finance Building, Shandong Province, Weihai, CHN, 264200
Weihai City Commercial Bank Co Ltd offers banking services. The group's principal businesses include corporate banking, retail banking, financial market business, and others. It generates maximum revenue from the corporate banking segment. The Corporate banking segment represents the provision of a range of financial products and services to corporations, government agencies, and financial institutions. Its products and services include corporate loans and advances, trade financing, deposit-taking activities, agency services, wealth management services, consulting and advisory services, remittance and settlement services, guarantee services, and finance leasing services.

Weihai City Commercial Bank Co (HKSE:09677) Headlines

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