2142 Stock Overview
Bank of Ningbo Co., Ltd. provides various personal and business banking products and services in the People's Republic of China.
Bank of Ningbo Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CN¥35.81|
|52 Week High||CN¥41.70|
|52 Week Low||CN¥30.99|
|1 Month Change||9.34%|
|3 Month Change||-6.99%|
|1 Year Change||-10.14%|
|3 Year Change||50.59%|
|5 Year Change||132.53%|
|Change since IPO||152.43%|
Recent News & Updates
|2142||CN Banks||CN Market|
Return vs Industry: 002142 exceeded the CN Banks industry which returned -18% over the past year.
Return vs Market: 002142 matched the CN Market which returned -10.1% over the past year.
|2142 Average Weekly Movement||4.2%|
|Banks Industry Average Movement||4.2%|
|Market Average Movement||7.3%|
|10% most volatile stocks in CN Market||10.2%|
|10% least volatile stocks in CN Market||5.1%|
Stable Share Price: 002142 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 002142's weekly volatility (4%) has been stable over the past year.
About the Company
Bank of Ningbo Co., Ltd. provides various personal and business banking products and services in the People's Republic of China. The company operates through Corporate Business, Personal Business, Treasury Business, and Other Business segments. It offers deposits; short-term, medium-term, and long-term loans; bank cards; domestic and international settlement services; bill discounting services; collection and payment agency, cashing proxy, and government bonds underwriting services; sells government and financial bonds; inter-bank lending and borrowing services; safe deposit box services; foreign exchange deposits; foreign currency exchange, loans, and remittances; bank guarantees; and insurance agency services, as well as other banking services.
Bank of Ningbo Fundamentals Summary
|2142 fundamental statistics|
Is 2142 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|2142 income statement (TTM)|
|Cost of Revenue||CN¥0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||2.99|
|Net Profit Margin||47.43%|
How did 2142 perform over the long term?See historical performance and comparison
1.4%Current Dividend Yield
Is 2142 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 2142?
Other financial metrics that can be useful for relative valuation.
|What is 2142's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 2142's PE Ratio compare to its peers?
|2142 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
601009 Bank of Nanjing
600919 Bank of Jiangsu
600926 Bank of Hangzhou
601838 Bank of Chengdu
002142 Bank of Ningbo
Price-To-Earnings vs Peers: 002142 is expensive based on its Price-To-Earnings Ratio (12x) compared to the peer average (7.3x).
Price to Earnings Ratio vs Industry
How does 2142's PE Ratio compare vs other companies in the CN Banks Industry?
Price-To-Earnings vs Industry: 002142 is expensive based on its Price-To-Earnings Ratio (12x) compared to the CN Banks industry average (6.8x)
Price to Earnings Ratio vs Fair Ratio
What is 2142'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.
|Current PE Ratio||12x|
|Fair PE Ratio||8.8x|
Price-To-Earnings vs Fair Ratio: 002142 is expensive based on its Price-To-Earnings Ratio (12x) compared to the estimated Fair Price-To-Earnings Ratio (8.8x).
Share Price vs Fair Value
What is the Fair Price of 2142 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 002142 (CN¥35.81) is trading below our estimate of fair value (CN¥49.18)
Significantly Below Fair Value: 002142 is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: 002142 is good value based on its PEG Ratio (0.6x)
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How is Bank of Ningbo forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 002142's forecast earnings growth (21% per year) is above the savings rate (3.2%).
Earnings vs Market: 002142's earnings (21% per year) are forecast to grow slower than the CN market (23.9% per year).
High Growth Earnings: 002142's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 002142's revenue (18.9% per year) is forecast to grow faster than the CN market (17.5% per year).
High Growth Revenue: 002142's revenue (18.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 002142's Return on Equity is forecast to be low in 3 years time (16.8%).
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How has Bank of Ningbo performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 002142 has high quality earnings.
Growing Profit Margin: 002142's current net profit margins (47.4%) are higher than last year (43.9%).
Past Earnings Growth Analysis
Earnings Trend: 002142's earnings have grown by 16.8% per year over the past 5 years.
Accelerating Growth: 002142's earnings growth over the past year (31.6%) exceeds its 5-year average (16.8% per year).
Earnings vs Industry: 002142 earnings growth over the past year (31.6%) exceeded the Banks industry 20.4%.
Return on Equity
High ROE: 002142's Return on Equity (13.2%) is considered low.
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How is Bank of Ningbo's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score6/6
Financial Health Score 6/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: 002142's Assets to Equity ratio (14.2x) is moderate.
Allowance for Bad Loans: 002142 has a sufficient allowance for bad loans (511%).
Low Risk Liabilities: 69% of 002142's liabilities are made up of primarily low risk sources of funding.
Loan Level: 002142 has an appropriate level of Loans to Assets ratio (41%).
Low Risk Deposits: 002142's Loans to Deposits ratio (64%) is appropriate.
Level of Bad Loans: 002142 has an appropriate level of bad loans (0.8%).
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What is Bank of Ningbo current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 002142's dividend (1.4%) is higher than the bottom 25% of dividend payers in the CN market (0.48%).
High Dividend: 002142's dividend (1.4%) is low compared to the top 25% of dividend payers in the CN market (1.94%).
Stability and Growth of Payments
Stable Dividend: 002142's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002142's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.6%), 002142's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 002142's dividends in 3 years are forecast to be well covered by earnings (18.5% payout ratio).
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Lingjun Zhuang (42 yo)
Mr. Lingjun Zhuang serves as President and Vice Chairman of Bank of Ningbo Co., Ltd. since March 24, 2022 and served as its Vice President and Chief Financial Officer since April 03, 2020. Mr. Lingjun Zhua...
Experienced Management: 002142's management team is seasoned and experienced (9.8 years average tenure).
Experienced Board: 002142's board of directors are considered experienced (4.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.9%.
Bank of Ningbo Co., Ltd.'s employee growth, exchange listings and data sources
- Name: Bank of Ningbo Co., Ltd.
- Ticker: 2142
- Exchange: SZSE
- Founded: 1997
- Industry: Regional Banks
- Sector: Banks
- Implied Market Cap: CN¥236.475b
- Shares outstanding: 6.60b
- Website: https://www.nbcb.com.cn
Number of Employees
- Bank of Ningbo Co., Ltd.
- No. 345, Ningdong Road
- Yinzhou District
- Zhejiang Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/30 00:00|
|End of Day Share Price||2022/06/30 00:00|
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.