Executive Summary
Bank of Gansu posted QQ1 2025 revenue of 699.683 million CNY and net income of 199.443 million CNY, reflecting a modest year-over-year revenue decline alongside meaningful quarterly profitability momentum. Operating income stood at 194.854 million CNY with an operating margin of approximately 27.85%. Net income margin reached about 28.50%, supported by a favorable tax outcome and disciplined cost management. Despite a slight revenue pause, quarterly net income expanded sharply (+112.36% QoQ) driven by operating leverage and the absence of non-core drag, underscoring a resilient earnings base for a regional bank in China. The absence of formal forward guidance in the quarter necessitates a cautious outlook, with investors focusing on loan growth, asset quality, NIM dynamics, and cost discipline going forward.
Key Performance Indicators
QoQ: 102.05% | YoY:-1.02%
Key Insights
Revenue: 699,683,000 CNY; YoY -1.06%; QoQ -2.64%. Gross Profit: 699,683,000 CNY; YoY -1.06%; QoQ -2.64%. Operating Income: 194,853,500 CNY; YoY -1.02%; QoQ +102.05%. Net Income: 199,443,000 CNY; YoY +1.11%; QoQ +112.36%. EPS: 0.0132 CNY; YoY +0.76%; QoQ +112.90%. Net income margin: 28.50% (199,443,000 / 699,683,000). Operating margin: 27.85% (194,853,500 / 699,683,000). Effective tax rate: ~17.6% (Income Tax 29,897,500 / Pre‑tax Income 169,545,500). Weighted average shares: 15,070,500,226 (bas...
Financial Highlights
Revenue: 699,683,000 CNY; YoY -1.06%; QoQ -2.64%. Gross Profit: 699,683,000 CNY; YoY -1.06%; QoQ -2.64%. Operating Income: 194,853,500 CNY; YoY -1.02%; QoQ +102.05%. Net Income: 199,443,000 CNY; YoY +1.11%; QoQ +112.36%. EPS: 0.0132 CNY; YoY +0.76%; QoQ +112.90%. Net income margin: 28.50% (199,443,000 / 699,683,000). Operating margin: 27.85% (194,853,500 / 699,683,000). Effective tax rate: ~17.6% (Income Tax 29,897,500 / Pre‑tax Income 169,545,500). Weighted average shares: 15,070,500,226 (basic); 15,069,791,000 (diluted). Cost-to-income ratio: ~72.17% (Operating expenses 504,829,500 / Revenue 699,683,000). Basic/diluted EPS: 0.0132.
Income Statement
| Metric |
Value |
YoY Change |
QoQ Change |
| Revenue |
699.68M |
-1.06% |
-2.64% |
| Gross Profit |
699.68M |
-1.06% |
-2.64% |
| Operating Income |
194.85M |
-1.02% |
102.05% |
| Net Income |
199.44M |
1.11% |
112.36% |
| EPS |
0.01 |
0.76% |
112.90% |
Management Commentary
Note: The earnings transcript was not provided in the input. As a result, management commentary and qualitative insights typically extracted from the QQ1 2025 earnings call are not available in this dataset. The analysis below integrates the disclosed financials and inferred implications.
Forward Guidance
No explicit forward targets or guidance were disclosed in the QQ1 2025 release. Given the modest revenue decline and stronger QoQ profitability, the near-term outlook will hinge on: (1) loan growth trajectories, (2) net interest margin stability in a reforming Chinese banking environment, (3) fee-based income evolution, and (4) ongoing cost discipline. Investors should monitor quarterly trendlines in NIM, non-interest income contribution, asset quality indicators, and any updated capital adequacy messaging. If management signals a path to loan growth and expense efficiency, the outlook could tilt positively; absent guidance, execution on these levers remains critical.