Hsbc Holdings (HBCYF) Asset Writedowns and Impairment (2009 - 2023)

Hsbc Holdings' (HBCYF) quarterly Asset Writedowns and Impairment came in at -$395.0 million in Q4 2023, down 517.19% year-on-year from $94.7 million in Q4 2022, and down 39400.0% quarter-over-quarter from -$1.0 million in Q3 2023.

Hsbc Holdings (HBCYF) Asset Writedowns and Impairment (2009 - 2023) Analysis & Trends

Hsbc Holdings has disclosed Asset Writedowns and Impairment across 8 years of filings, most recently posting -$395.0 million for Q4 2023.

  • Asset Writedowns and Impairment for Q4 2023 came in at -$395.0 million, down 517.19% year-over-year; the trailing twelve-month figure through Dec 2023 was -$100.0 million (down 516.67% YoY), and the FY2023 annual result was -$100.0 million, down 104.17% from the prior year.
  • Asset Writedowns and Impairment came in at -$395.0 million for Q4 2023 at Hsbc Holdings, down from -$1.0 million in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $7.3 billion in Q4 2019 to a low of -$1.2 billion in Q2 2020.
  • The 5-year median for Asset Writedowns and Impairment is -$4.5 million (2019), against an average of $336.1 million.
  • Across the five-year window, Asset Writedowns and Impairment soared 1525.0% in 2020 and sank 7737.5% in 2021, its largest moves.
  • Hsbc Holdings' Asset Writedowns and Impairment stood at $7.3 billion in 2019, then slumped by 99.89% to $8.0 million in 2020, then tumbled by 7737.5% to -$611.0 million in 2021, then soared by 89.53% to -$64.0 million in 2022, then plunged by 517.19% to -$395.0 million in 2023.
  • The last three Asset Writedowns and Impairment figures came in at -$395.0 million (Q4 2023), -$1.0 million (Q3 2023), and $294.0 million (Q2 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Canadian Imperial Bank Of Commerce 1,386,393,358.39 Bn 1,386,393,358.61 Bn -
2 Hsbc Holdings 37,974.20 Bn 37,974.65 Bn -
3 Royal Bank Of Canada 2,996.75 Bn 2,925.20 Bn -
4 Toronto Dominion Bank 994.93 Bn 988.13 Bn -
5 Bank Of Montreal 413.07 Bn 413.07 Bn -
6 Bank Of America 406.09 Bn -200.61 Bn 29.24 Bn
7 Barclays 379.37 Bn -269.24 Bn -
8 Mitsubishi Ufj Financial 275.02 Bn -411.26 Bn 3.81 Bn
9 Wells Fargo & Company 257.70 Bn 182.63 Bn -
10 Hsbc Holdings - - -

Historic Data

Download Data
DateValue
Dec 31, 2023 -395.00 Mn
Dec 31, 2023 -395.00 Mn
Sep 30, 2023 -1.00 Mn
Sep 30, 2023 -1.00 Mn
Jun 30, 2023 294.00 Mn
Jun 30, 2023 294.00 Mn
Mar 31, 2023 2.00 Mn
Mar 31, 2023 2.00 Mn
Dec 31, 2022 -64.00 Mn
Dec 31, 2022 -64.00 Mn
Sep 30, 2022 -7.00 Mn
Sep 30, 2022 -7.00 Mn
Jun 30, 2022 100.00 Mn
Jun 30, 2022 100.00 Mn
Mar 31, 2022 -5.00 Mn
Mar 31, 2022 -5.00 Mn
Dec 31, 2021 -611.00 Mn
Dec 31, 2021 -611.00 Mn
Sep 30, 2021 -80.00 Mn
Sep 30, 2021 -80.00 Mn