China Everbright Bank Company Limited

SHSE:601818 Stock Report

Market Cap: CN¥208.4b

China Everbright Bank Valuation

Is 601818 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 601818 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 601818 (CN¥3.77) is trading below our estimate of fair value (CN¥4.26)

Significantly Below Fair Value: 601818 is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 601818?

Key metric: As 601818 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 601818. This is calculated by dividing 601818's market cap by their current earnings.
What is 601818's PE Ratio?
PE Ratio7x
EarningsCN¥31.89b
Market CapCN¥208.35b

Price to Earnings Ratio vs Peers

How does 601818's PE Ratio compare to its peers?

The above table shows the PE ratio for 601818 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average6x
000001 Ping An Bank
5.2x5.7%CN¥226.1b
600016 China Minsheng Banking
6.3x7.7%CN¥169.2b
600000 Shanghai Pudong Development Bank
7.3x10.0%CN¥280.0b
601166 Industrial Bank
5.4x6.5%CN¥386.4b
601818 China Everbright Bank
7x10.1%CN¥208.4b

Price-To-Earnings vs Peers: 601818 is expensive based on its Price-To-Earnings Ratio (7x) compared to the peer average (6x).

Price to Earnings Ratio vs Industry

How does 601818's PE Ratio compare vs other companies in the CN Banks Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
601818 7.0xIndustry Avg. 5.9xNo. of Companies15PE0612182430+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 601818 is expensive based on its Price-To-Earnings Ratio (7x) compared to the CN Banks industry average (5.9x).

Price to Earnings Ratio vs Fair Ratio

What is 601818's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

601818 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7x
Fair PE Ratio6.3x

Price-To-Earnings vs Fair Ratio: 601818 is expensive based on its Price-To-Earnings Ratio (7x) compared to the estimated Fair Price-To-Earnings Ratio (6.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 601818 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥3.77
CN¥3.33
-11.6%
21.7%CN¥4.23CN¥1.80n/a10
Dec ’25CN¥3.60
CN¥3.32
-7.9%
20.8%CN¥4.23CN¥1.80n/a11
Nov ’25CN¥3.45
CN¥3.24
-6.1%
19.1%CN¥4.10CN¥1.80n/a12
Oct ’25CN¥3.60
CN¥3.22
-10.6%
19.4%CN¥4.10CN¥1.80n/a12
Sep ’25CN¥3.06
CN¥3.17
+3.7%
20.0%CN¥4.10CN¥1.80n/a11
Aug ’25CN¥3.18
CN¥3.25
+2.1%
20.2%CN¥4.21CN¥1.80n/a11
Jul ’25CN¥3.19
CN¥3.21
+0.6%
21.3%CN¥4.21CN¥1.80n/a11
Jun ’25CN¥3.24
CN¥3.25
+0.2%
21.6%CN¥4.21CN¥1.70n/a12
May ’25CN¥3.15
CN¥3.24
+3.0%
21.8%CN¥4.21CN¥1.70n/a12
Apr ’25CN¥3.10
CN¥3.31
+6.9%
20.7%CN¥4.21CN¥1.70n/a13
Mar ’25CN¥3.22
CN¥3.28
+1.8%
19.4%CN¥3.94CN¥1.70n/a14
Feb ’25CN¥3.11
CN¥3.31
+6.6%
19.0%CN¥3.94CN¥1.70n/a15
Jan ’25CN¥2.90
CN¥3.34
+15.1%
19.2%CN¥3.94CN¥1.70n/a15
Dec ’24CN¥2.91
CN¥3.35
+15.3%
18.7%CN¥3.94CN¥1.70CN¥3.6015
Nov ’24CN¥2.96
CN¥3.36
+13.5%
18.7%CN¥3.94CN¥1.70CN¥3.4515
Oct ’24CN¥3.07
CN¥3.40
+10.9%
17.7%CN¥4.08CN¥1.70CN¥3.6016
Sep ’24CN¥3.01
CN¥3.49
+16.1%
16.7%CN¥4.39CN¥2.00CN¥3.0616
Aug ’24CN¥3.12
CN¥3.47
+11.3%
16.6%CN¥4.13CN¥2.00CN¥3.1815
Jul ’24CN¥3.07
CN¥3.42
+11.4%
18.6%CN¥4.13CN¥2.00CN¥3.1914
Jun ’24CN¥3.15
CN¥3.41
+8.1%
18.2%CN¥4.13CN¥2.00CN¥3.2414
May ’24CN¥3.20
CN¥3.34
+4.3%
19.1%CN¥4.13CN¥2.00CN¥3.1513
Apr ’24CN¥3.01
CN¥3.34
+11.1%
18.7%CN¥4.13CN¥2.00CN¥3.1013
Mar ’24CN¥3.00
CN¥3.23
+7.7%
18.3%CN¥4.16CN¥2.00CN¥3.2212
Feb ’24CN¥3.06
CN¥3.23
+5.5%
17.5%CN¥4.16CN¥2.00CN¥3.1113
Jan ’24CN¥3.07
CN¥3.23
+5.2%
17.5%CN¥4.16CN¥2.00CN¥2.9013
Dec ’23CN¥2.98
CN¥3.23
+8.3%
19.7%CN¥4.16CN¥2.00CN¥2.9114

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 01:00
End of Day Share Price 2024/12/18 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

China Everbright Bank Company Limited is covered by 49 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yu Hang AuABCI Securities Company Limited
Judy ZhangBNP Paribas Securities (Asia)
Shanshan LiBOCI Research Ltd.