Postal Savings Bank of China Co Net Income 2024

Postal Savings Bank of China Co Net Income

58.18 B CNY

Postal Savings Bank of China Co Dividend yield

5.09 %

Ticker

601658.SS

ISIN

CNE100003PZ4

In 2024, Postal Savings Bank of China Co's profit amounted to 58.18 B CNY, a -28.13% increase from the 80.95 B CNY profit recorded in the previous year.

The Postal Savings Bank of China Co Net Income history

YEARNET INCOME (undefined CNY)
2028e76.61
2027e70.51
2026e64.54
2025e60.86
2024e58.18
202380.95
202278.52
202170.89
202061.76
201960.93
201852.31
201747.68
201639.8

Postal Savings Bank of China Co Aktienanalyse

What does Postal Savings Bank of China Co do?

The Postal Savings Bank of China Co Ltd (PSBC) is a state-owned bank in China specializing in deposits, loans, and asset management services. It was established in 2007 and is one of the largest state-owned banks in the country. However, the origins of PSBC date back to 1919 when the Postal Savings Bank of China was founded. PSBC is a universal bank that offers a wide range of financial services. Its key segments include retail banking, corporate banking, and asset management. In retail banking, the bank offers a variety of savings, checking, and credit products. The corporate banking segment includes loans, deposits, and other financial services. In asset management, the bank offers various investment products to maximize customer's wealth. PSBC has focused on the concept of financial inclusion to make financial services accessible to all population groups in China. The bank has over 40,000 branches throughout China, as well as an internet-based business model that provides customers with a seamless experience. Additionally, PSBC offers mobile banking and smart ATMs to provide customers with multiple channels for conducting banking transactions. To gain customer trust, PSBC has implemented strict supervision and compliance standards. The bank has established an integrity and compliance department to ensure all bank activities comply with regulatory requirements. Furthermore, PSBC is regularly monitored by the central bank and other regulatory authorities to ensure compliance with applicable regulations. In 2016, PSBC made its debut on the Hong Kong stock exchange to strengthen its capital base and seize further growth opportunities. PSBC's IPO was one of the largest globally that year, raising approximately $7.4 billion. In recent years, PSBC has pursued an impressive growth and expansion strategy. The bank aims to become a leading institution in the field of financial services in China and establish its presence internationally. Considering the bank's growth prospects, this goal does not seem unrealistic. Overall, the Postal Savings Bank of China Co Ltd is an innovative and diversified universal bank that has focused on the concept of financial inclusion. With a strong emphasis on compliance and regulatory standards, as well as a multi-year growth strategy, PSBC is an important institution in the Chinese banking sector. Postal Savings Bank of China Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Postal Savings Bank of China Co's Profit Margins

The profit margins of Postal Savings Bank of China Co represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Postal Savings Bank of China Co's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Postal Savings Bank of China Co's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Postal Savings Bank of China Co's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Postal Savings Bank of China Co’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Postal Savings Bank of China Co Stock

How much profit has Postal Savings Bank of China Co made this year?

Postal Savings Bank of China Co has made 58.18 B CNY this year.

How has the profit developed compared to last year?

The profit has increased by -28.13% compared to last year fallen

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Postal Savings Bank of China Co publish its earnings?

Postal Savings Bank of China Co publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Postal Savings Bank of China Co?

The profits of Postal Savings Bank of China Co are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Postal Savings Bank of China Co?

You can learn more about the earnings of Postal Savings Bank of China Co by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Postal Savings Bank of China Co pay?

Over the past 12 months, Postal Savings Bank of China Co paid a dividend of 0.26 CNY . This corresponds to a dividend yield of about 5.09 %. For the coming 12 months, Postal Savings Bank of China Co is expected to pay a dividend of 0.28 CNY.

What is the dividend yield of Postal Savings Bank of China Co?

The current dividend yield of Postal Savings Bank of China Co is 5.09 %.

When does Postal Savings Bank of China Co pay dividends?

Postal Savings Bank of China Co pays a quarterly dividend. This is distributed in the months of July, August, August, August.

How secure is the dividend of Postal Savings Bank of China Co?

Postal Savings Bank of China Co paid dividends every year for the past 9 years.

What is the dividend of Postal Savings Bank of China Co?

For the upcoming 12 months, dividends amounting to 0.28 CNY are expected. This corresponds to a dividend yield of 5.43 %.

In which sector is Postal Savings Bank of China Co located?

Postal Savings Bank of China Co is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Postal Savings Bank of China Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Postal Savings Bank of China Co from 7/13/2023 amounting to 0.258 CNY, you needed to have the stock in your portfolio before the ex-date on 7/13/2023.

When did Postal Savings Bank of China Co pay the last dividend?

The last dividend was paid out on 7/13/2023.

What was the dividend of Postal Savings Bank of China Co in the year 2023?

In the year 2023, Postal Savings Bank of China Co distributed 0.247 CNY as dividends.

In which currency does Postal Savings Bank of China Co pay out the dividend?

The dividends of Postal Savings Bank of China Co are distributed in CNY.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Postal Savings Bank of China Co

Our stock analysis for Postal Savings Bank of China Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Postal Savings Bank of China Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.