老股民提示：这里是价值投资者探讨投资理念、投资方法和分析研究上市公司的地方，我们在探讨过程中所涉及的观点和想法，都不会构成任何投资建议。也希望来这里探讨的投资者不要强迫别人接受自己的观点和想法，这是投资者共同探讨交流的基础。
所以，请你自己为自己的人民币负责。假如你盲目买入我们探讨的股票，那么，赚钱了你就自个儿乐吧，亏钱了你就自个儿负责吧，谢谢！
请新来的朋友浪费些时间看看以前的文章及留言（估计要3-6个月），并在留言前认真思考。
为了更好的交流，为了减少对这里有兴趣的朋友们浪费阅读的时间，请朋友们尽可能减少没经过思考的留言，我不需要点击率。非常感谢！
股市有风险！一定要用“闲钱”投资！千万不要借钱！也不要用影响正常生活的钱！如股价下跌会影响你的生活，会影响你的心情，那么千万不要模仿我满仓。
一句话评论：兴业银行的年度报告很不错，初步看起来仅次于招商银行。我注意到兴业的关注类贷款增加比较多，不知道是什么原因，是不是隐含着什么风险呢？以后再慢慢看。
表面上兴业的每股净利润是1.75元，实际上扣除了非经常性损益后的摊薄净利润为1.60元。相对来说，在股份制中小银行中兴业银行的估值最低。
(第369楼)回复:招商银行年报数据整理
兴业银行年报的几个亮点（相比其它银行股）
亮点一：不良率最低，而且07年不良率的下降幅度也是最大的；
亮点二：个贷占比最高，达到33%，由于个贷利率变动的较强年度性，表明08年利差扩大比例将会最大。
亮点三：08年预计贷款增长最大，达到20%。这个数字表明，兴业获利的新增贷款额度是最高
发布者 好好心态
注：主营收入=利息收入+非息收入
主营成本=利息支出+非息支出，
主营利润=主营收入-主营成本。
拨备利润比=坏账拨备占利润总额的比例=减值拨备金/利润总额，
费用收入比=管理费用占净收入的比例=管理费用/主营利润
总资产利润=总资产利润率=净利润/总资产，
净资产利润=净资产利润率=净利润/净资产，
非息收入比=非息净收入/利息净收入，
贷款利润率=拨备前利润/贷款总额，
人均利润=利润总额/员工数量，
存贷利差=利息净收入/贷款余额
其中付员工=员工支出，
其中费用=管理费用-员工支出，
员工费用比=员工支出占管理费用的比例=员工支出/管理费用，
费用费用比=日常费用占管理费用的比例=其中费用/管理费用
员工利润比=员工支出占净利润的比例=员工支出/净利润
| 兴业银行 | 总股本 | 50.00 | 收盘价 | 34.92 | 总市值 | 1746.0 | 市盈率 | 20.34 | |||||
| 2003年 | 2004年 | 2005年 | 2006年 | 增长率 | 一季度 | 二季度 | 三季度 | 四季度 | 上半年 | 三季度 | 2007年 | 增长率 | |
| 总资产 | 2591 | 3401 | 4751 | 6177 | 30.02% | 7114 | 8156 | 8576 | 8513 | 8156 | 8576 | 8513 | 37.82% |
| 净资产 | 60.66 | 100.84 | 127.85 | 162.00 | 26.71% | 331.21 | 346.16 | 369.96 | 388.97 | 346.16 | 369.96 | 388.97 | 140.11% |
| 贷款总额 | 1569 | 2030 | 2426 | 3245 | 33.78% | 3588 | 3781 | 3912 | 4001 | 3781 | 3912 | 4001 | 23.31% |
| 存款总额 | 2077 | 2832 | 3552 | 4232 | 19.14% | 4082 | 4358 | 4658 | 5054 | 4358 | 4658 | 5054 | 19.42% |
| 存贷比例 | 60.00 | 62.00 | 64.80 | 72.41 | 11.74% | 72.00 | 72.31 | 72.00 | 68.73 | 72.31 | 72.00 | 68.73 | -5.08% |
| 一般准备金 | 10.00 | 20.00 | 24.00 | 36.27 | 51.13% | 36.27 | 36.27 | 36.27 | 47.74 | 36.27 | 36.27 | 47.74 | 31.62% |
| 不良贷款额 | 40.17 | 50.77 | 56.47 | 49.80 | -11.81% | 46.00 | 44.64 | 44.64 | 45.83 | 44.64 | 44.64 | 45.83 | -7.96% |
| 不良贷款率 | 2.56 | 2.50 | 2.33 | 1.53 | -34.08% | 1.28 | 1.18 | 1.14 | 1.15 | 1.18 | 1.14 | 1.15 | -25.36% |
| 坏账拨备额 | 37.25 | 44.16 | 51.12 | 62.76 | 22.77% | 64.00 | 67.65 | 75.02 | 71.14 | 67.65 | 75.02 | 71.14 | 13.36% |
| 坏账拨备率 | 92.73 | 86.98 | 90.52 | 126.03 | 39.22% | 139.13 | 151.56 | 168.08 | 155.21 | 151.56 | 168.08 | 155.21 | 23.16% |
| 利息收入 | 95.11 | 124.02 | 172.46 | 249.54 | 44.69% | 79.98 | 94.91 | 109.66 | 117.43 | 174.89 | 284.55 | 401.98 | 61.09% |
| 利息支出 | 40.12 | 51.06 | 79.41 | 117.03 | 47.38% | 36.78 | 44.68 | 53.99 | 58.06 | 81.46 | 135.45 | 193.52 | 65.36% |
| 利息净收入 | 54.99 | 72.96 | 93.05 | 132.51 | 42.40% | 43.19 | 50.33 | 55.57 | 59.36 | 93.53 | 149.10 | 208.46 | 57.32% |
| 非息收入 | 1.50 | 2.35 | 3.16 | 6.07 | 92.17% | 2.54 | 3.47 | 4.65 | 7.64 | 6.01 | 10.66 | 18.29 | 201.15% |
| 非息支出 | 0.26 | 0.41 | 0.79 | 1.75 | 121.71% | 0.43 | 0.67 | 0.66 | 1.36 | 1.09 | 1.75 | 3.11 | 78.09% |
| 非息净收入 | 1.23 | 1.93 | 2.37 | 4.33 | 82.36% | 2.11 | 2.81 | 3.99 | 6.27 | 4.92 | 8.91 | 15.18 | 250.86% |
| 主营收入 | 96.61 | 126.36 | 175.62 | 255.61 | 45.54% | 82.51 | 98.38 | 114.31 | 125.06 | 180.90 | 295.21 | 420.27 | 64.42% |
| 主营成本 | 40.39 | 51.47 | 80.20 | 118.78 | 48.11% | 37.21 | 45.34 | 54.65 | 59.43 | 82.55 | 137.20 | 196.63 | 65.55% |
| 主营利润 | 56.22 | 74.89 | 95.43 | 136.84 | 43.39% | 45.30 | 53.04 | 59.66 | 65.63 | 98.34 | 158.00 | 223.64 | 63.44% |
| 营业税金 | 4.06 | 5.51 | 7.40 | 9.81 | 32.57% | 2.99 | 3.48 | 3.81 | 4.42 | 6.47 | 10.29 | 14.71 | 50.03% |
| 业务管理费 | 20.78 | 28.77 | 38.88 | 52.62 | 35.36% | 16.16 | 19.45 | 20.11 | 24.33 | 35.61 | 55.72 | 80.05 | 52.12% |
| 其中付员工 | 7.39 | 10.51 | 11.32 | 17.41 | 53.78% | 6.31 | 5.78 | 5.44 | 6.63 | 12.09 | 17.53 | 24.16 | 38.74% |
| 其中费用 | 13.39 | 18.26 | 27.55 | 35.21 | 27.79% | 9.85 | 13.66 | 14.67 | 17.71 | 23.52 | 38.19 | 55.90 | 58.74% |
| 减值拨备金 | 11.07 | 11.82 | 15.81 | 24.02 | 51.96% | 6.26 | 1.00 | 7.37 | 2.15 | 7.27 | 14.64 | 16.79 | -30.12% |
| 利润总额 | 20.76 | 28.03 | 35.45 | 50.46 | 42.36% | 21.08 | 29.97 | 28.15 | 29.90 | 51.05 | 79.20 | 109.10 | 116.21% |
| 所得税 | 6.43 | 10.37 | 10.80 | 12.48 | 15.58% | 7.00 | 7.62 | 4.34 | 4.28 | 14.62 | 18.96 | 23.24 | 86.23% |
| 净利润 | 14.34 | 17.66 | 24.65 | 37.98 | 54.09% | 14.08 | 22.39 | 23.77 | 25.62 | 36.47 | 60.24 | 85.86 | 126.04% |
| 所得税率 | 30.98% | 37.01% | 30.46% | 24.73% | -18.81% | 33.21% | 25.44% | 15.40% | 14.31% | 28.65% | 23.94% | 21.30% | -13.87% |
| 拨备前利润 | 31.83 | 39.85 | 51.26 | 74.49 | 45.32% | 27.35 | 30.97 | 35.52 | 32.05 | 58.32 | 93.84 | 125.89 | 69.01% |
| 拨备利润比 | 53.33% | 42.17% | 44.60% | 47.61% | 6.75% | 29.70% | 3.35% | 26.20% | 7.18% | 14.23% | 18.48% | 15.39% | -67.68% |
| 费用收入比 | 36.96% | 38.41% | 40.74% | 38.46% | -5.60% | 35.68% | 36.59% | 33.77% | 37.07% | 36.17% | 35.26% | 35.80% | -6.92% |
| 员工费用比 | 35.57% | 36.54% | 29.12% | 33.09% | 13.61% | 39.04% | 29.73% | 27.05% | 27.23% | 33.96% | 31.46% | 30.18% | -8.80% |
| 费用费用比 | 64.43% | 63.46% | 70.88% | 66.91% | -5.59% | 60.96% | 70.27% | 72.95% | 72.77% | 66.04% | 68.54% | 69.82% | 4.35% |
| 员工利润比 | 51.54% | 59.53% | 45.93% | 45.84% | -0.20% | 44.80% | 25.83% | 22.88% | 25.86% | 33.15% | 29.10% | 28.14% | -38.62% |
| 总资产利润 | 0.55% | 0.52% | 0.52% | 0.61% | 18.51% | 0.79% | 1.10% | 1.11% | 1.20% | 0.89% | 0.94% | 1.01% | 64.01% |
| 净资产利润 | 23.64% | 17.51% | 19.28% | 23.45% | 21.61% | 17.01% | 25.87% | 25.70% | 26.35% | 21.07% | 21.71% | 22.07% | -5.86% |
| 非息收入比 | 2.25% | 2.65% | 2.55% | 3.26% | 28.06% | 4.89% | 5.58% | 7.18% | 10.57% | 5.26% | 5.97% | 7.28% | 123.03% |
| 贷款利润率 | 2.03% | 1.96% | 2.11% | 2.30% | 8.63% | 3.05% | 3.28% | 3.63% | 3.20% | 3.09% | 3.20% | 3.15% | 37.07% |
| 存贷利差 | 3.50% | 3.59% | 3.84% | 4.08% | 6.44% | 4.82% | 5.33% | 5.68% | 5.93% | 4.95% | 5.08% | 5.21% | 27.58% |
| 员工数量 | 6250 | 7060 | 8337 | 9788 | 17.40 | 10300 | 10454 | 11300 | 11851 | 10454 | 11300 | 11851 | 21.08% |
| 员工支出 | 7.39 | 10.51 | 11.32 | 17.41 | 53.78 | 6.31 | 5.78 | 5.44 | 6.63 | 12.09 | 17.53 | 24.16 | 38.74% |
| 人均支出 | 11.82 | 14.89 | 13.58 | 17.79 | 30.98 | 6.13 | 5.53 | 4.81 | 5.59 | 11.57 | 15.51 | 20.38 | 14.59% |
| 人均利润 | 154.57 | 178.98 | 210.66 | 261.15 | 23.97% | 80.11 | 94.11 | 101.16 | 25.23 | 173.04 | 261.24 | 354.63 | 35.80% |
| 应付工资 | 4.20 | 7.12 | 11.69 | 17.99 | 53.86% | 2.60 | 5.40 | 4.31 | 0.84 | 26.00 | 30.31 | 31.14 | 73.10% |
| 人均应付 | 6.72 | 10.08 | 14.03 | 18.38 | 31.05% | 2.53 | 5.17 | 3.81 | 0.71 | 24.87 | 26.82 | 26.28 | 42.97% |
| 兴业银行 | 2003年 | 2004年 | 增长率 | 2005年 | 增长率 | 2006年 | 增长率 | 2007年 | 增长率 |
| 总资产 | 2591 | 3401 | 31.27% | 4751 | 39.71% | 6177 | 30.02% | 8513 | 37.82% |
| 净资产 | 60.66 | 100.84 | 66.25% | 127.85 | 26.79% | 162.00 | 26.71% | 388.97 | 140.11% |
| 贷款总额 | 1569 | 2030 | 29.34% | 2426 | 19.49% | 3245 | 33.78% | 4001 | 23.31% |
| 存款总额 | 2077 | 2832 | 36.36% | 3552 | 25.44% | 4232 | 19.14% | 5054 | 19.42% |
| 存贷比例 | 60.00 | 62.00 | 3.33% | 64.80 | 4.52% | 72.41 | 11.74% | 68.73 | -5.08% |
| 一般准备金 | 10.00 | 20.00 | 100.00% | 24.00 | 20.00% | 36.27 | 51.13% | 47.74 | 31.62% |
| 不良贷款额 | 40.17 | 50.77 | 26.38% | 56.47 | 11.22% | 49.80 | -11.81% | 45.83 | -7.96% |
| 不良贷款率 | 2.56 | 2.50 | -2.30% | 2.33 | -6.92% | 1.53 | -34.08% | 1.15 | -25.36% |
| 坏账拨备额 | 37.25 | 44.16 | 18.54% | 51.12 | 15.76% | 62.76 | 22.77% | 71.14 | 13.36% |
| 坏账拨备率 | 92.73 | 86.98 | -6.20% | 90.52 | 4.07% | 126.03 | 39.22% | 155.21 | 23.16% |
| 利息收入 | 95.11 | 124.02 | 30.39% | 172.46 | 39.06% | 249.54 | 44.69% | 401.98 | 61.09% |
| 利息支出 | 40.12 | 51.06 | 27.25% | 79.41 | 55.53% | 117.03 | 47.38% | 193.52 | 65.36% |
| 利息净收入 | 54.99 | 72.96 | 32.69% | 93.05 | 27.54% | 132.51 | 42.40% | 208.46 | 57.32% |
| 非息收入 | 1.50 | 2.35 | 56.41% | 3.16 | 34.76% | 6.07 | 92.17% | 18.29 | 201.15% |
| 非息支出 | 0.26 | 0.41 | 56.68% | 0.79 | 90.02% | 1.75 | 121.71% | 3.11 | 78.09% |
| 非息净收入 | 1.23 | 1.93 | 56.36% | 2.37 | 22.87% | 4.33 | 82.36% | 15.18 | 250.86% |
| 主营收入 | 96.61 | 126.36 | 30.80% | 175.62 | 38.98% | 255.61 | 45.54% | 420.27 | 64.42% |
| 主营成本 | 40.39 | 51.47 | 27.44% | 80.20 | 55.81% | 118.78 | 48.11% | 196.63 | 65.55% |
| 主营利润 | 56.22 | 74.89 | 33.21% | 95.43 | 27.42% | 136.84 | 43.39% | 223.64 | 63.44% |
| 营业税金 | 4.06 | 5.51 | 35.79% | 7.40 | 34.26% | 9.81 | 32.57% | 14.71 | 50.03% |
| 业务管理费 | 20.78 | 28.77 | 38.46% | 38.88 | 35.14% | 52.62 | 35.36% | 80.05 | 52.12% |
| 其中付员工 | 7.39 | 10.51 | 42.23% | 11.32 | 7.72% | 17.41 | 53.78% | 24.16 | 38.74% |
| 其中费用 | 13.39 | 18.26 | 36.38% | 27.55 | 50.92% | 35.21 | 27.79% | 55.90 | 58.74% |
| 减值拨备金 | 11.07 | 11.82 | 6.76% | 15.81 | 33.74% | 24.02 | 51.96% | 16.79 | -30.12% |
| 利润总额 | 20.76 | 28.03 | 35.01% | 35.45 | 26.47% | 50.46 | 42.36% | 109.10 | 116.21% |
| 所得税 | 6.43 | 10.37 | 61.29% | 10.80 | 4.09% | 12.48 | 15.58% | 23.24 | 86.23% |
| 净利润 | 14.34 | 17.66 | 23.13% | 24.65 | 39.61% | 37.98 | 54.09% | 85.86 | 126.04% |
| 所得税率 | 30.98% | 37.01% | 19.47% | 30.46% | -17.69% | 24.73% | -18.81% | 21.30% | -13.87% |
| 拨备前利润 | 31.83 | 39.85 | 25.18% | 51.26 | 28.62% | 74.49 | 45.32% | 125.89 | 69.01% |
| 拨备利润比 | 53.33% | 42.17% | -20.93% | 44.60% | 5.76% | 47.61% | 6.75% | 15.39% | -67.68% |
| 费用收入比 | 36.96% | 38.41% | 3.95% | 40.74% | 6.06% | 38.46% | -5.60% | 35.80% | -6.92% |
| 员工费用比 | 35.57% | 36.54% | 2.72% | 29.12% | -20.29% | 33.09% | 13.61% | 30.18% | -8.80% |
| 费用费用比 | 64.43% | 63.46% | -1.50% | 70.88% | 11.68% | 66.91% | -5.59% | 69.82% | 4.35% |
| 员工利润比 | 51.54% | 59.53% | 15.52% | 45.93% | -22.84% | 45.84% | -0.20% | 28.14% | -38.62% |
| 总资产利润 | 0.55% | 0.52% | -6.20% | 0.52% | -0.07% | 0.61% | 18.51% | 1.01% | 64.01% |
| 净资产利润 | 23.64% | 17.51% | -25.94% | 19.28% | 10.12% | 23.45% | 21.61% | 22.07% | -5.86% |
| 非息收入比 | 2.25% | 2.65% | 17.84% | 2.55% | -3.66% | 3.26% | 28.06% | 7.28% | 123.03% |
| 贷款利润率 | 2.03% | 1.96% | -3.22% | 2.11% | 7.64% | 2.30% | 8.63% | 3.15% | 37.07% |
| 存贷利差 | 3.50% | 3.59% | 2.58% | 3.84% | 6.73% | 4.08% | 6.44% | 5.21% | 27.58% |
| 员工数量 | 6250 | 7060 | 12.96% | 8337 | 18.09% | 9788 | 17.40 | 11851 | 21.08% |
| 员工支出 | 7.39 | 10.51 | 42.23% | 11.32 | 7.72% | 17.41 | 53.78 | 24.16 | 38.74% |
| 人均支出 | 11.82 | 14.89 | 25.91% | 13.58 | -8.78% | 17.79 | 30.98 | 20.38 | 14.59% |
| 人均利润 | 154.57 | 178.98 | 15.79% | 210.66 | 17.70% | 261.15 | 23.97% | 354.63 | 35.80% |
| 应付工资 | 4.20 | 7.12 | 69.46% | 11.69 | 64.29% | 17.99 | 53.86% | 31.14 | 73.10% |
| 人均应付 | 6.72 | 10.08 | 50.02% | 14.03 | 39.13% | 18.38 | 31.05% | 26.28 | 42.97% |