Balance Sheet Bank of China Limited

Equities

3988

CNE1000001Z5

Banks

Market Closed - Hong Kong S.E. Other stock markets 09:08:03 12/05/2026 BST			5-day change	1st Jan Change
5.240 ^HKD	+1.35%		+3.76%	+17.49%

02:58am	Hong Kong Banks Step Up Collateral Sales, Liquidations to Cut Bad Debt	MT
05-01	Bank of China's Q1 Profit Rises 4%, Net Interest Income Up 8%	MT

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Published financial data: BANK OF CHINA LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Interest Income On Loans	789B	882B	1,049B	1,072B	1,001B
Interest Income, Total	789B	882B	1,049B	1,072B	1,001B
Interest On Deposits	364B	422B	582B	623B	560B
Interest Expense, Total	364B	422B	582B	623B	560B
Net Interest Income	425B	461B	467B	449B	441B
Income From Trading Activities	28.29B	13.33B	28.72B	36.49B	52.05B
Gain (Loss) on Sale of Assets	1.97B	1.54B	1.67B	2.74B	2.18B
Gain (Loss) on Sale of Invest. & Securities - (Rev)	3.2B	2.06B	806M	11.4B	14.67B
Total Other Non Interest Income	148B	142B	127B	134B	152B
Non Interest Income, Total	181B	158B	158B	185B	220B
Revenues Before Provison For Loan Losses	606B	619B	625B	634B	661B
Provision For Loan Losses	103B	98.03B	106B	102B	102B
Total Revenues	503B	521B	518B	531B	559B
Salaries And Other Employee Benefits	99.32B	103B	108B	113B	116B
Occupancy Expense	23.88B	23.91B	24.85B	23.6B	22.38B
Selling General & Admin Expenses, Total	47.4B	45.65B	44.78B	44.24B	45.06B
(Income) Loss on Equity Invest.	-1.48B	-645M	-965M	-675M	-1.13B
Total Other Non Interest Expense	55.75B	58.9B	45.43B	54.67B	74.43B
Non Interest Expense, Total	225B	231B	222B	235B	257B
EBT, Excl. Unusual Items	278B	291B	296B	296B	303B
Asset Writedown	-1.49B	-5.96B	-696M	-1.05B	-1.26B
EBT, Incl. Unusual Items	277B	285B	296B	295B	301B
Income Tax Expense	49.28B	47.09B	49.24B	42.24B	43.35B
Earnings From Continuing Operations	227B	238B	246B	253B	258B
Net Income to Company	227B	238B	246B	253B	258B
Minority Interest	-10.78B	-10.06B	-14.47B	-14.88B	-14.92B
Net Income - (IS)	217B	227B	232B	238B	243B
Preferred Dividend and Other Adjustments	10.65B	13.42B	15.3B	16.3B	13.83B
Net Income to Common Incl Extra Items	206B	214B	217B	222B	229B
Net Income to Common Excl. Extra Items	206B	214B	217B	222B	229B
Per Share Items
Net EPS - Basic	0.7	0.73	0.74	0.75	0.74
Basic EPS - Continuing Operations	0.7	0.73	0.74	0.75	0.74
Basic Weighted Average Shares Outstanding	294B	294B	294B	294B	309B
Net EPS - Diluted	0.7	0.73	0.74	0.75	0.74
Diluted EPS - Continuing Operations	0.7	0.73	0.74	0.75	0.74
Diluted Weighted Average Shares Outstanding	294B	294B	294B	294B	309B
Normalized Basic EPS	0.55	0.58	0.58	0.58	0.56
Normalized Diluted EPS	0.55	0.58	0.58	0.58	0.56
Dividend Per Share	0.22	0.23	0.24	0.24	0.23
Payout Ratio	32.43	34.51	36.04	36.11	44.84
American Depositary Receipts Ratio (ADR)	25	25	25	25	25
Supplemental Items
Effective Tax Rate - (Ratio)	17.82	16.55	16.66	14.32	14.39
Total Current Taxes	42.58B	60.19B	59.84B	43.09B	51.59B
Total Deferred Taxes	6.7B	-13.1B	-10.6B	-851M	-8.23B
Normalized Net Income	163B	172B	171B	170B	174B
Non-Cash Pension Expense	66M	54M	48M	58M	26M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	1,831B	1,903B	2,269B	2,079B	2,012B
Investment Securities, Total	6,412B	6,827B	7,596B	8,763B	10,014B
Trading Asset Securities, Total	628B	676B	658B	738B	828B
Total investments	7,039B	7,503B	8,254B	9,501B	10,842B
Gross Loans	15,675B	17,507B	19,908B	21,544B	23,408B
Allowance For Loan Losses	-390B	-437B	-485B	-539B	-577B
Net Loans	15,285B	17,071B	19,423B	21,005B	22,831B
Gross Property Plant And Equipment	407B	422B	430B	436B	449B
Accumulated Depreciation	-140B	-156B	-163B	-172B	-173B
Net Property Plant And Equipment	266B	266B	266B	264B	276B
Goodwill	2.48B	2.65B	2.68B	2.83B	2.76B
Other Intangibles, Total	23.05B	24.81B	26.42B	29.18B	32.35B
Investment in Real Estate	19.55B	23.31B	22.7B	22.43B	23.96B
Accrued Interest Receivable	38.54B	48.8B	56.38B	53.56B	49.6B
Other Receivables	377B	285B	183B	244B	250B
Restricted Cash	1,478B	1,551B	1,668B	1,547B	1,585B
Other Current Assets, Total	276B	130B	96.97B	180B	306B
Deferred Tax Assets Long-Term (Collected)	51.17B	70.19B	75.16B	62.69B	82.11B
Other Real Estate Owned And Foreclosed	2.04B	2.15B	3.15B	2.18B	1.84B
Deferred Charges Long-Term	3.33B	3.42B	3.56B	3.41B	3.2B
Other Long-Term Assets, Total	28.84B	30.25B	81.54B	65.39B	60.95B
Total Assets	26,722B	28,914B	32,432B	35,061B	38,358B
Liabilities
Accrued Expenses, Total	39.66B	46.61B	52.12B	56.96B	56.68B
Interest Bearing Deposits	17,920B	19,940B	22,603B	23,845B	25,822B
Total Deposits	17,920B	19,940B	22,603B	23,845B	25,822B
Short-Term Borrowings	2,504B	2,307B	2,202B	2,877B	3,257B
Current Portion of Long-Term Debt	1,494B	2,309B	2,821B	2,998B	3,583B
Current Portion of Leases	5.93B	6.26B	6.58B	6.79B	5B
Long-Term Debt	1,546B	708B	907B	1,030B	1,116B
Long-Term Leases	13.69B	13.36B	12.21B	11.92B	13.37B
Current Income Taxes Payable	45.01B	58.96B	59.3B	29.02B	32.61B
Accrued Interest Payable	229B	262B	304B	358B	360B
Other Current Liabilities - (Bank / Utility Template)	80.69B	141B	118B	257B	182B
Unearned Revenue Non Current	6.36B	6.58B	6.86B	7.08B	7.36B
Pension & Other Post Retirement Benefits	2.1B	1.84B	1.68B	1.59B	1.48B
Deferred Tax Liability Non-Current	7B	6.8B	7.4B	9.13B	10.38B
Other Non Current Liabilities	478B	539B	574B	620B	704B
Total Liabilities	24,372B	26,346B	29,675B	32,108B	35,150B
Preferred Stock Convertible	120B	120B	120B	120B	99.97B
Total Preferred Equity	120B	120B	120B	120B	99.97B
Common Stock, Total	294B	294B	294B	294B	322B
Additional Paid In Capital	134B	134B	134B	134B	270B
Retained Earnings	1,474B	1,622B	1,765B	1,881B	2,040B
Treasury Stock	-	-	-	-	-
Comprehensive Income and Other	203B	258B	317B	387B	332B
Total Common Equity	2,106B	2,308B	2,510B	2,697B	2,964B
Minority Interest	125B	140B	127B	137B	144B
Total Equity	2,351B	2,568B	2,757B	2,953B	3,208B
Total Liabilities And Equity	26,722B	28,914B	32,432B	35,061B	38,358B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	294B	294B	294B	294B	322B
ECS Total Common Shares Outstanding	294B	294B	294B	294B	322B
Book Value / Share	6.47	6.99	7.58	8.18	8.36
Tangible Book Value	2,080B	2,281B	2,481B	2,665B	2,929B
Tangible Book Value Per Share	6.39	6.9	7.48	8.07	8.25
Average Loans	15,173B	16,750B	18,925B	20,925B	22,691B
Total Debt	5,563B	5,344B	5,949B	6,925B	7,974B
Deposits at Interest - Cash	1,575B	1,451B	2,034B	1,867B	1,821B
Debt Equivalent of Unfunded Proj. Benefit Obligation	2.1B	1.84B	1.68B	1.59B	1.48B
Net Debt	2,537B	2,095B	2,317B	3,408B	4,356B
Equity Method Investments, Total	35.77B	38.3B	39.55B	40.97B	41.07B
Full Time Employees	306K	306K	307K	313K	314K
Number Of Offices	11.45K	11.44K	11.48K	11.51K	11.46K

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	217B	227B	232B	238B	243B
Depreciation, Depletion & Amortization	24.13B	24.12B	24.21B	23.1B	22.65B
Amortization of Goodwill and Intangible Assets - (CF)	4.66B	5.07B	6.21B	6.12B	5.38B
Total Depreciation, Depletion & Amortization	28.79B	29.2B	30.42B	29.22B	28.03B
(Gain) Loss On Sale of Asset - (CF)	-1.77B	-1.44B	-1.5B	-2.65B	-2.75B
(Gain) Loss on Sale of Investments - (CF)	-271M	-900M	3.51B	-13.5B	-15.13B
Total Asset Writedown	7.48B	5.84B	-2.58B	-15B	-2.73B
Provision for Credit Losses	98.3B	92.79B	106B	121B	107B
(Income) Loss On Equity Investments - (CF)	-1.48B	-645M	-965M	-675M	-1.13B
Change in Trading Asset Securities	-	-	-	-	-
Change in Other Net Operating Assets (Collected)	-619B	-2,278B	-2,071B	-860B	-1,347B
Other Operating Activities	-112B	-106B	-142B	-178B	-175B
Cash from Operations	-384B	-2,031B	-1,846B	-682B	-1,165B
Capital Expenditure	-30.17B	-27.74B	-29.15B	-27.24B	-51.27B
Sale of Property, Plant, and Equipment	7.78B	12.85B	5.55B	10.91B	13.39B
Cash Acquisitions	-2.24B	-2.72B	-2B	1.4B	-2.26B
Divestitures	1.62B	842M	161M	23M	3.51B
Investment in Marketable and Equity Securities, Total	-525B	-174B	-701B	-1,007B	-1,265B
Other Investing Activities, Total	152B	168B	187B	216B	230B
Cash from Investing	-396B	-22.24B	-539B	-806B	-1,072B
Long-Term Debt Issued, Total	1,005B	1,012B	1,316B	1,498B	2,033B
Total Debt Issued	1,005B	1,012B	1,316B	1,498B	2,033B
Long-Term Debt Repaid, Total	-869B	-896B	-1,078B	-1,264B	-1,813B
Total Debt Repaid	-869B	-896B	-1,078B	-1,264B	-1,813B
Issuance of Common Stock	69.98B	50B	30B	50B	240B
Repurchase of Common Stock	-	-	-	-40B	-112B
Issuance of Preferred Stock	-	-	-	-	-
Repurchase of Preferred Stock	-28B	-	-	-	-
Common Dividends Paid	-57.99B	-65.06B	-68.3B	-69.59B	-94.4B
Preferred Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-12.23B	-13.42B	-15.28B	-16.3B	-14.56B
Common & Preferred Stock Dividends Paid	-70.22B	-78.48B	-83.58B	-85.89B	-109B
Net Increase (Decrease) in Deposit Accounts - (CF)	1,227B	2,020B	2,663B	1,233B	1,977B
Other Financing Activities, Total	-33.66B	-34.44B	-65.25B	-46.1B	-50.33B
Cash from Financing	1,301B	2,073B	2,783B	1,345B	2,166B
Foreign Exchange Rate Adjustments	-41.28B	96.37B	28.38B	-4.64B	7.22B
Net Change in Cash	481B	116B	425B	-148B	-64.09B
Supplemental Items
Cash Interest Paid	22.88B	27.98B	518B	538B	538B
Cash Income Tax Paid (Refund)	56.26B	45.87B	58.76B	73.98B	50.3B
Net Debt Issued / Repaid	136B	116B	239B	234B	220B

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	0.89	0.85	0.8	0.75	0.7
Return On Equity %	10.07	9.66	9.26	8.85	8.37
Return on Common Equity	10.3	9.7	9	8.51	8.1
Shareholders Value Added	-18.57B	-32.31B	-50.75B	-68.44B	-91.24B
Margin Analysis
SG&A Margin	33.92	33.07	34.25	34.12	32.78
Net Interest Income / Total Revenues %	84.52	88.4	90.02	84.5	78.82
EBT Excl. Non-Recurring Items Margin %	55.29	55.76	57.17	55.72	54.11
Income From Continuing Operations Margin %	45.2	45.58	47.54	47.57	46.13
Net Income Margin %	43.05	43.64	44.75	44.77	43.47
Net Avail. For Common Margin %	40.94	41.07	41.79	41.7	40.99
Normalized Net Income Margin	32.41	32.92	32.94	32.02	31.15
Asset quality
Nonperforming Loans / Total Loans %	1.33	1.32	1.27	1.25	1.23
Nonperforming Loans / Total Assets %	0.78	0.8	0.78	0.77	0.75
Nonperforming Assets / Total Assets %	0.79	0.81	0.79	0.77	0.76
NPAs / Loans and OREO	1.34	1.34	1.29	1.26	1.24
NPAs / Equity	8.97	9.11	9.3	9.18	9.04
Allowance for Credit Losses / Net Charge-offs %	529.47	873.63	826.57	825.51	881.29
Allowance for Credit Losses / Nonperforming Loans %	186.83	188.52	191.51	200.46	200.23
Allowance for Credit Losses / Total Loans %	2.49	2.49	2.44	2.5	2.46
Net Charge-offs / Total Average Loans %	0.49	0.3	0.31	0.31	0.29
Provision for Loan Losses / Net Charge-offs %	140.02	196.08	181.53	156.99	155.87
Earning Assets / IBL	108.31	108.78	109.65	109.57	109.53
Capital And Funding
Total Average Common Equity / Total Average Assets %	7.82	7.93	7.85	7.71	7.71
Total Average Equity / Total Average Assets %	8.83	8.84	8.68	8.46	8.39
Total Equity + Allowance for Loan Losses / Total Loans %	16.68	16.36	15.64	15.57	15.55
Gross Loans / Total Deposits %	87.47	87.8	88.08	90.35	90.65
Net Loans / Total Deposits %	85.29	85.61	85.93	88.09	88.42
Tier 1 Capital Ratio %	13.32	14.11	13.83	14.38	14.34
Total Capital Ratio %	16.53	17.52	17.74	18.76	18.85
Core Tier 1 Capital Ratio	11.3	11.84	11.63	12.2	12.53
Tier 2 Capital Ratio	3.22	3.41	3.91	4.38	4.51
Coverage Ratio	186.83	188.52	191.51	200.46	200.23
Interbank Ratio	59.62	71.1	63.79	55.22	53.62
Fixed Charges Coverage
EBT + Interest Expense / Interest Expense	1.76	1.68	1.51	1.47	1.54
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	2.22	8.36	1.58	-3.77	-1.83
Non Interest Income, 1 Yr. Growth %	18.12	-12.45	24.39	16.79	19.28
Provision For Loan Losses, 1 Yr. Growth %	-12.87	-4.9	8.68	-3.79	-0.45
Total Revenues, 1 Yr. Growth %	11.59	3.59	6.1	2.5	5.24
Earnings From Cont. Operations, 1 Yr. Growth %	10.85	4.47	4.07	2.58	2.06
Net Income, 1 Yr. Growth %	12.28	5.02	2.38	2.56	2.18
Normalized Net Income, 1 Yr. Growth %	13.94	5.21	-0.04	-0.35	2.38
Diluted EPS Before Extra, 1 Yr. Growth %	14.67	3.94	2.19	1.93	-1.33
Dividend Per Share, 1 Yr. Growth %	12.18	4.98	1.9	2.54	-6.64
Gross Loans, 1 Yr. Growth %	10.52	11.69	13.72	8.22	8.65
Allowance For Loan Losses, 1 Yr. Growth %	5.95	11.96	11.02	11.11	7.04
Net Loans, 1 Yr. Growth %	10.64	11.68	13.79	8.14	8.69
Non Performing Loans, 1 Yr. Growth %	0.73	10.96	9.29	6.15	7.16
Non Performing Assets, 1 Yr. Growth %	0.69	10.91	9.63	5.7	6.98
Total Assets, 1 Yr. Growth %	9.51	8.2	12.25	8.11	9.4
Total Deposits, 1 Yr Growth %	5.76	11.27	13.35	5.49	8.29
Tangible Book Value, 1 Yr. Growth %	11.46	9.64	8.95	7.41	9.92
Average Interest Earning Assets, 1 Yr. Growth %	8.06	8.13	11.69	9.75	9.26
Average Interest Bearing Liabilities, 1 Yr. Growth %	8.11	7.66	10.63	9.82	9.3
Common Equity, 1 Yr. Growth %	11.35	9.61	8.92	7.44	9.92
Total Equity, 1 Yr. Growth %	8.68	9.23	7.55	7.12	8.64
Compound Annual Growth Rate Over Two Years
Net Interest Income, 2 Yr. CAGR %	4.4	5.24	4.76	-1.13	-2.81
Non Interest Income, 2 Yr. CAGR %	6.54	1.69	-6.5	20.53	18.03
Provision For Loan Losses, 2 Yr. CAGR %	0.5	-9.01	1.64	2.26	-2.13
Total Revenues, 2 Yr. CAGR %	6.03	7.52	1.5	4.29	3.87
Earnings From Cont. Operations, 2 Yr. CAGR %	6.12	7.61	4.1	3.32	2.32
Net Income, 2 Yr. CAGR %	7.5	8.59	3.48	2.47	2.37
Normalized Net Income, 2 Yr. CAGR %	7.2	9.49	2.33	-0.2	1.01
Diluted EPS Before Extra, 2 Yr. CAGR %	7.08	9.17	2.56	2.06	0.29
Dividend Per Share, 2 Yr. CAGR %	7.57	8.52	3.43	2.22	-2.16
Gross Loans, 2 Yr. CAGR %	9.66	11.1	12.7	10.93	8.43
Allowance For Loan Losses, 2 Yr. CAGR %	9.5	8.92	11.49	11.07	9.06
Net Loans, 2 Yr. CAGR %	9.67	11.16	12.73	10.93	8.42
Non Performing Loans, 2 Yr. CAGR %	8.23	5.72	10.12	7.71	6.66
Non Performing Assets, 2 Yr. CAGR %	8.04	5.67	10.27	7.65	6.34
Total Assets, 2 Yr. CAGR %	8.33	8.85	10.17	10.16	8.75
Total Deposits, 2 Yr CAGR %	6.27	8.48	12.31	9.35	6.88
Tangible Book Value, 2 Yr. CAGR %	11.64	10.55	9.21	8.18	8.66
Average Interest Earning Assets, 2 Yr. CAGR %	8.49	8.09	9.81	10.71	9.5
Average Interest Bearing Liabilities, 2 Yr. CAGR %	8.53	7.89	9.14	10.22	9.56
Common Equity, 2 Yr. CAGR %	11.56	10.48	9.18	8.18	8.67
Total Equity, 2 Yr. CAGR %	9.05	8.96	8.3	7.33	7.88
Compound Annual Growth Rate Over Three Years
Net Interest Income, 3 Yr. CAGR %	5.73	5.7	3.9	1.83	-1.37
Non Interest Income, 3 Yr. CAGR %	8.13	-0.21	1.07	0.69	20.11
Provision For Loan Losses, 3 Yr. CAGR %	1.28	-1.36	-3.47	-0.2	1.35
Total Revenues, 3 Yr. CAGR %	7.61	5.22	4.76	1.83	4.6
Earnings From Cont. Operations, 3 Yr. CAGR %	5.71	5.56	6.3	3.59	2.9
Net Income, 3 Yr. CAGR %	6.34	6.67	6.34	3.17	2.37
Normalized Net Income, 3 Yr. CAGR %	7.67	6.53	6.06	1.43	0.65
Diluted EPS Before Extra, 3 Yr. CAGR %	5.92	6.02	6.45	2.35	0.92
Dividend Per Share, 3 Yr. CAGR %	6.3	6.7	6.27	3.13	-0.83
Gross Loans, 3 Yr. CAGR %	9.97	10.33	11.96	11.18	10.17
Allowance For Loan Losses, 3 Yr. CAGR %	8.73	10.31	9.61	11.37	9.71
Net Loans, 3 Yr. CAGR %	10	10.34	12.03	11.18	10.18
Non Performing Loans, 3 Yr. CAGR %	7.74	9.13	6.9	8.78	7.53
Non Performing Assets, 3 Yr. CAGR %	7.6	8.98	6.98	8.72	7.42
Total Assets, 3 Yr. CAGR %	7.91	8.29	9.95	9.48	9.91
Total Deposits, 3 Yr CAGR %	6.3	7.91	10.08	9.99	9
Tangible Book Value, 3 Yr. CAGR %	11.73	10.97	9.95	8.61	8.76
Average Interest Earning Assets, 3 Yr. CAGR %	8.72	8.37	9.22	9.79	10.23
Average Interest Bearing Liabilities, 3 Yr. CAGR %	8.19	8.24	8.79	9.36	9.92
Common Equity, 3 Yr. CAGR %	11.64	10.91	9.9	8.6	8.75
Total Equity, 3 Yr. CAGR %	10.86	9.11	8.42	7.9	7.77
Compound Annual Growth Rate Over Five Years
Net Interest Income, 5 Yr. CAGR %	6.79	6.36	5.34	2.85	1.16
Non Interest Income, 5 Yr. CAGR %	0.28	1.85	2.02	2.99	7.54
Provision For Loan Losses, 5 Yr. CAGR %	2.99	2.18	1.41	0.06	-2.94
Total Revenues, 5 Yr. CAGR %	4.93	5.7	5.13	3.5	4.4
Earnings From Cont. Operations, 5 Yr. CAGR %	4.32	5.13	5.07	4.59	4.69
Net Income, 5 Yr. CAGR %	5.64	5.7	5.19	4.88	4.73
Normalized Net Income, 5 Yr. CAGR %	6.53	6.3	5.5	3.7	4.01
Diluted EPS Before Extra, 5 Yr. CAGR %	5.46	5.36	4.56	4.22	3.94
Dividend Per Share, 5 Yr. CAGR %	5.64	5.68	5.14	4.88	2.81
Gross Loans, 5 Yr. CAGR %	9.46	9.95	11.05	10.57	10.54
Allowance For Loan Losses, 5 Yr. CAGR %	10.41	11.6	9.82	10.61	9.39
Net Loans, 5 Yr. CAGR %	9.44	9.91	11.08	10.57	10.57
Non Performing Loans, 5 Yr. CAGR %	7.42	7.89	8.69	8.56	6.8
Non Performing Assets, 5 Yr. CAGR %	7.22	7.73	8.66	8.45	6.72
Total Assets, 5 Yr. CAGR %	8.05	8.23	8.81	9.02	9.47
Total Deposits, 5 Yr CAGR %	6.39	7.54	8.66	8.49	8.79
Tangible Book Value, 5 Yr. CAGR %	9.94	10.65	10.72	9.81	9.43
Average Interest Earning Assets, 5 Yr. CAGR %	7.68	7.41	9.16	9.27	9.33
Average Interest Bearing Liabilities, 5 Yr. CAGR %	7.75	7.44	8.57	9.03	9.1
Common Equity, 5 Yr. CAGR %	9.92	10.57	10.65	9.77	9.41
Total Equity, 5 Yr. CAGR %	9.59	10.24	9.83	8.36	8.2