At present, the performance “submission” time of 41 A-share listed banks has been preliminarily determined. The first annual report of listed banks will appear in early March, and all annual reports of listed banks will be disclosed in March and April.
In the third quarter of last year, the performance of listed banks recovered strongly. Whether the annual profit of 2021 can maintain growth and whether the asset quality can be continuously improved will also be answered in the annual report card of A-share listed banks.
record number of annual reports
On January 18, the disclosure of the 2021 annual report of listed companies will begin. According to the annual report pre disclosure schedule released by Shanghai and Shenzhen Stock Exchange, Huasu Holdings Co.Ltd(000509) will be the first to release the first annual report of Listed Companies in 2021 on the same day, and a total of four listed companies will complete the annual report disclosure in 2021 before the Spring Festival.
Although the first annual report of Listed Companies in 2021 will be disclosed this month, the first annual report of listed banks will not appear until early March. In recent years, in the disclosure of performance reports of listed banks, it has always been Ping An Bank Co.Ltd(000001) , and this time is no exception. The bank’s 2021 annual report will be disclosed on March 10, which is also the first bank among A-share listed banks to submit last year’s performance response.
According to the regulations, the annual reports of all listed companies, including listed banks, shall be disclosed before the end of April. From the appointment time of the annual report disclosed by the Shanghai and Shenzhen Stock Exchange, the disclosure time distribution of each bank is relatively average. The annual reports of all 41 listed banks will appear in March and April. Among them, the annual reports of 23 listed banks were disclosed in March and the other 18 in April. The time span of annual reports of listed banks in 2021 was shorter than that in 2020.
In terms of the rhythm of annual report disclosure of listed banks, the disclosure time of the six major state-owned banks is relatively advanced as a whole. The annual reports of the six major state-owned banks will be “collectively launched” in March. Among them, Postal Savings Bank Of China Co.Ltd(601658) annual report will be disclosed on March 25, and ICBC, China Construction Bank and Bank of communications will disclose the annual report on March 26 at the same time. The annual reports of ABC and BOC were disclosed on March 30 and March 31 respectively.
Just after 2021 last year, a number of banks successfully IPO, making the team of A-share listed banks continue to grow. At present, the number of A-share listed banks has increased to 41, and these new listed banks will also submit their first annual report after IPO.
Among the four newly listed banks last year, except Bank Of Chongqing Co.Ltd(601963) listed in February last year, the rest issued their annual reports for the first time after the A-share listing. Among them, the annual report of Zhejiang Shaoxing Ruifeng Rural Commercial Bank Co.Ltd(601528) was disclosed on March 31, the annual report of Qilu Bank Co.Ltd(601665) was disclosed on April 29, and the annual report of Shanghai Rural Commercial Bank Co.Ltd(601825) which was listed at the latest was also disclosed at the latest. The annual report of the bank only appeared on April 30.
In addition, Bank of Lanzhou has also started the subscription of new shares on Wednesday (January 5), and will soon land in the A-share market. After the successful listing, the bank will also disclose the first annual performance report after listing.
performance is expected to continue to grow
After the three quarterly reports of last year handed over the excellent answer sheet of rising net profit and improving asset quality, there will be a clear answer whether the annual performance of listed banks can continue to pick up.
According to the third quarterly report of listed banks last year, 41 listed banks achieved a total net profit attributable to the shareholders of the parent company of nearly 1.5 trillion yuan in the first three quarters, earning 176.5 billion yuan more than the same period last year, an increase of 13.61% over the same period in 2020. 32 banks achieved double-digit profit growth, and some joint-stock banks and local banks performed well. The profit growth of Bank Of Jiangsu Co.Ltd(600919) and Ping An Bank Co.Ltd(000001) exceeded 30%.
Under the measures of accelerating the collection of non-performing loans in stock and strictly controlling new non-performing loans, the non-performing loan ratio of listed banks also decreased steadily by the end of the third quarter of last year, and the overall asset quality showed an improvement trend. As of the end of September last year, the average non-performing loan ratio of listed banks was 1.27%, down 0.09 percentage points from the non-performing loan ratio of 1.36% at the end of last year. Among the 41 listed banks, the non-performing loan ratio of 36 banks decreased compared with the beginning of last year.
For the upcoming annual report of listed banks, whether it can maintain the good performance of the third quarterly report of last year, Su Xiaorui, a senior analyst of Analysys, said in an interview with reporters that with the recovery of macro economy and the gradual maturity of epidemic normalization prevention and control means, the performance of Listed Banks in 2021 will be improved compared with that in 2020.
(Securities Daily)
