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Wuxi Rural Commercial BankLtd SHSE:600908 Stock Report

Last Price

CN¥5.20

Market Cap

CN¥11.1b

7D

1.8%

1Y

-8.3%

Updated

18 Apr, 2024

Data

Company Financials +

Wuxi Rural Commercial Bank Co.,Ltd

SHSE:600908 Stock Report

Market Cap: CN¥11.1b

600908 Stock Overview

Wuxi Rural Commercial Bank Co.,Ltd provides various personal and corporate banking products and services.

600908 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance4/6
Financial Health6/6
Dividends3/6

Wuxi Rural Commercial Bank Co.,Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Wuxi Rural Commercial BankLtd
Historical stock prices
Current Share PriceCN¥5.20
52 Week HighCN¥6.00
52 Week LowCN¥4.72
Beta0.51
1 Month Change1.96%
3 Month Change1.36%
1 Year Change-8.29%
3 Year Change-12.90%
5 Year Change-19.25%
Change since IPO-19.25%

Recent News & Updates

Recent updates

Shareholder Returns

600908CN BanksCN Market
7D1.8%2.7%-0.2%
1Y-8.3%-3.4%-17.8%

Return vs Industry: 600908 underperformed the CN Banks industry which returned -3.4% over the past year.

Return vs Market: 600908 exceeded the CN Market which returned -17.8% over the past year.

Price Volatility

Is 600908's price volatile compared to industry and market?
600908 volatility
600908 Average Weekly Movement2.9%
Banks Industry Average Movement2.9%
Market Average Movement8.9%
10% most volatile stocks in CN Market12.7%
10% least volatile stocks in CN Market5.4%

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

Volatility Over Time: 600908's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20051,748Tao Changwww.wrcb.com.cn

Wuxi Rural Commercial Bank Co.,Ltd provides various personal and corporate banking products and services. It offers financial management, funds, insurance, account management, microfinance, forex trading, foreign currency exchange, trade settlement and finance business, remittance and letter of credit, and card and online banking services. The company was founded in 2005 and is headquartered in Wuxi, China.

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¥11.10b
Earnings (TTM)CN¥2.10b
Revenue (TTM)CN¥3.79b

5.3x

P/E Ratio

0.5x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600908 income statement (TTM)
RevenueCN¥3.79b
Cost of RevenueCN¥0
Gross ProfitCN¥3.79b
Other ExpensesCN¥1.69b
EarningsCN¥2.10b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 27, 2024

Earnings per share (EPS)0.98
Gross Margin100.00%
Net Profit Margin55.44%
Debt/Equity Ratio60.7%

How did 600908 perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

20%

Payout Ratio
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