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Wuxi Rural Commercial BankLtd SHSE:600908 Stock Report

Last Price

CN¥5.93

Market Cap

CN¥12.8b

7D

0.2%

1Y

24.1%

Updated

25 Dec, 2024

Data

Company Financials +

Wuxi Rural Commercial Bank Co.,Ltd

SHSE:600908 Stock Report

Market Cap: CN¥12.8b

My Notes

Capture your thoughts, links and company narrative

Wuxi Rural Commercial Bank Co.,Ltd Competitors

Price History & Performance

Summary of share price highs, lows and changes for Wuxi Rural Commercial BankLtd
Historical stock prices
Current Share PriceCN¥5.93
52 Week HighCN¥6.66
52 Week LowCN¥4.72
Beta0.49
1 Month Change2.07%
3 Month Change4.77%
1 Year Change24.06%
3 Year Change5.52%
5 Year Change6.85%
Change since IPO-7.92%

Recent News & Updates

Recent updates

Shareholder Returns

600908CN BanksCN Market
7D0.2%3.0%0.4%
1Y24.1%37.0%12.3%

Return vs Industry: 600908 underperformed the CN Banks industry which returned 37% over the past year.

Return vs Market: 600908 exceeded the CN Market which returned 12.3% over the past year.

Price Volatility

Is 600908's price volatile compared to industry and market?
600908 volatility
600908 Average Weekly Movement4.8%
Banks Industry Average Movement4.9%
Market Average Movement8.8%
10% most volatile stocks in CN Market13.0%
10% least volatile stocks in CN Market5.8%

Stable Share Price: 600908 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 600908's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20051,688Hongmei Chenwww.wrcb.com.cn

Wuxi Rural Commercial Bank Co.,Ltd provides various financial services in China. It offers financial management, funds, insurance, deposit account, trade settlement and finance business, cross border RMB finance, remittance and letter of credit, and online and mobile banking services, as well as debit and credit card. The company also provides personal loans, including consumer and operating loans; unit deposit certificate pledge, real estate development, equity pledge, commercial property, working capital, and syndicated loans; domestic trade, including movable property pledge financing and accounts receivable pledge loan; and issuance of letter of guarantee, banknote issuance, and bank bill discount; and tax easy loan, tin credit, and small and micro quick loans, as well as agricultural loans.

Wuxi Rural Commercial Bank Co.,Ltd Fundamentals Summary

How do Wuxi Rural Commercial BankLtd's earnings and revenue compare to its market cap?
600908 fundamental statistics
Market capCN¥12.84b
Earnings (TTM)CN¥2.19b
Revenue (TTM)CN¥3.82b

5.9x

P/E Ratio

0.6x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600908 income statement (TTM)
RevenueCN¥3.82b
Cost of RevenueCN¥0
Gross ProfitCN¥3.82b
Other ExpensesCN¥1.63b
EarningsCN¥2.19b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.00
Gross Margin100.00%
Net Profit Margin57.34%
Debt/Equity Ratio43.7%

How did 600908 perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

20%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 14:58
End of Day Share Price 2024/12/25 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Wuxi Rural Commercial Bank Co.,Ltd is covered by 11 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tiantian DaiChina Merchants Securities Co. Ltd.
Feifei XiaoCitic Securities Co., Ltd.
Yifeng WangEverbright Securities Co. Ltd.