Bank of Ningbo Co., Ltd.

SZSE:002142 Stock Report

Market Cap: CN¥193.5b

Bank of Ningbo Valuation

Is 002142 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 Future Cash Flow Value

What is the Fair Price of 002142 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Fair Value: 002142 (CN¥29.3) is trading below our estimate of fair value (CN¥76.18)

Significantly Below Fair Value: 002142 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002142?

Key metric: As 002142 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002142. This is calculated by dividing 002142's market cap by their current earnings.
What is 002142's PE Ratio?
PE Ratio6.9x
EarningsCN¥27.84b
Market CapCN¥193.49b

Price to Earnings Ratio vs Peers

How does 002142's PE Ratio compare to its peers?

The above table shows the PE ratio for 002142 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average5.8x
600919 Bank of Jiangsu
5.5x9.89%CN¥179.1b
601009 Bank of Nanjing
6.3x9.94%CN¥129.2b
600926 Bank of Hangzhou
6.1x14.97%CN¥111.4b
601838 Bank of Chengdu
5.1x7.85%CN¥66.8b
002142 Bank of Ningbo
6.9x9.59%CN¥193.5b

Price-To-Earnings vs Peers: 002142 is expensive based on its Price-To-Earnings Ratio (6.9x) compared to the peer average (5.8x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does 002142'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
002142 6.9xIndustry Avg. 6.1xNo. of Companies15PE0612182430+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 002142 is expensive based on its Price-To-Earnings Ratio (6.9x) compared to the CN Banks industry average (6.1x).

Price to Earnings Ratio vs Fair Ratio

What is 002142'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.

002142 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.9x
Fair PE Ratio7.1x

Price-To-Earnings vs Fair Ratio: 002142 is good value based on its Price-To-Earnings Ratio (6.9x) compared to the estimated Fair Price-To-Earnings Ratio (7.1x).

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 002142 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥29.30
CN¥35.07
+19.68%
9.70%CN¥41.10CN¥27.70n/a13
Jan ’27CN¥28.09
CN¥35.07
+24.84%
9.70%CN¥41.10CN¥27.70n/a13
Dec ’26CN¥28.84
CN¥35.09
+21.68%
9.71%CN¥41.10CN¥27.70n/a13
Nov ’26CN¥28.34
CN¥34.64
+22.21%
9.22%CN¥41.10CN¥27.70n/a13
Oct ’26CN¥26.43
CN¥34.15
+29.21%
11.61%CN¥41.10CN¥25.70n/a13
Sep ’26CN¥28.52
CN¥33.37
+16.99%
12.62%CN¥41.10CN¥25.70n/a13
Aug ’26CN¥28.48
CN¥31.74
+11.45%
11.07%CN¥36.20CN¥25.70n/a13
Jul ’26CN¥27.83
CN¥31.03
+11.50%
10.99%CN¥36.20CN¥25.70n/a13
Jun ’26CN¥26.71
CN¥31.03
+16.18%
10.99%CN¥36.20CN¥25.70n/a13
May ’26CN¥23.90
CN¥31.03
+29.84%
11.00%CN¥36.20CN¥25.70n/a13
Apr ’26CN¥25.58
CN¥31.31
+22.40%
14.48%CN¥39.20CN¥22.05n/a13
Mar ’26CN¥24.28
CN¥31.02
+27.75%
14.46%CN¥39.20CN¥22.05n/a13
Feb ’26CN¥26.38
CN¥30.54
+15.77%
12.76%CN¥36.20CN¥22.05n/a13
Jan ’26CN¥24.31
CN¥29.65
+21.96%
12.10%CN¥35.88CN¥22.05CN¥28.0913
Dec ’25CN¥24.67
CN¥29.36
+19.00%
12.31%CN¥35.88CN¥22.05CN¥28.8414
Nov ’25CN¥25.50
CN¥28.80
+12.94%
13.82%CN¥35.88CN¥20.46CN¥28.3415
Oct ’25CN¥25.70
CN¥27.71
+7.81%
15.93%CN¥35.88CN¥17.25CN¥26.4315
Sep ’25CN¥20.25
CN¥28.21
+39.30%
12.55%CN¥35.88CN¥24.02CN¥28.5215
Aug ’25CN¥21.31
CN¥28.80
+35.13%
11.74%CN¥35.88CN¥24.02CN¥28.4815
Jul ’25CN¥22.95
CN¥28.74
+25.24%
11.45%CN¥35.88CN¥24.02CN¥27.8316
Jun ’25CN¥24.77
CN¥28.69
+15.83%
12.86%CN¥37.90CN¥24.02CN¥26.7117
May ’25CN¥22.93
CN¥28.51
+24.34%
14.58%CN¥37.90CN¥22.15CN¥23.9016
Apr ’25CN¥21.52
CN¥30.46
+41.53%
13.51%CN¥37.90CN¥24.15CN¥25.5817
Mar ’25CN¥22.03
CN¥30.29
+37.47%
13.74%CN¥37.90CN¥24.15CN¥24.2817
Feb ’25CN¥21.30
CN¥30.47
+43.07%
13.64%CN¥37.90CN¥24.15CN¥26.3817
Jan ’25CN¥20.11
CN¥32.48
+61.53%
13.37%CN¥38.60CN¥24.15CN¥24.3117
CN¥35.07
Fair Value
16.4% undervalued intrinsic discount
13
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/17 13:22
End of Day Share Price 2026/01/16 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Bank of Ningbo Co., Ltd. is covered by 29 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wenqing HanBofA Global Research
Yiwei ZhangChina Galaxy Securities Co., Ltd.
Wen DingChina Galaxy Securities Co., Ltd.