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Qingdao Rural Commercial Bank SZSE:002958 Stock Report

Last Price

CN¥2.68

Market Cap

CN¥14.9b

7D

-1.5%

1Y

-5.3%

Updated

28 Mar, 2024

Data

Company Financials +

Qingdao Rural Commercial Bank Co., Ltd.

SZSE:002958 Stock Report

Market Cap: CN¥14.9b

2958 Stock Overview

Qingdao Rural Commercial Bank Co., Ltd. provides various banking products and services in China.

2958 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance1/6
Financial Health5/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for 2958 from our risk checks.

Qingdao Rural Commercial Bank Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Qingdao Rural Commercial Bank
Historical stock prices
Current Share PriceCN¥2.68
52 Week HighCN¥3.15
52 Week LowCN¥2.48
Beta0.67
1 Month Change-2.19%
3 Month Change2.29%
1 Year Change-5.30%
3 Year Change-39.37%
5 Year Change-74.35%
Change since IPO-52.98%

Recent News & Updates

Recent updates

Shareholder Returns

2958CN BanksCN Market
7D-1.5%2.3%-4.9%
1Y-5.3%-0.7%-16.6%

Return vs Industry: 002958 underperformed the CN Banks industry which returned -0.7% over the past year.

Return vs Market: 002958 exceeded the CN Market which returned -16.6% over the past year.

Price Volatility

Is 2958's price volatile compared to industry and market?
2958 volatility
2958 Average Weekly Movement3.0%
Banks Industry Average Movement2.9%
Market Average Movement8.2%
10% most volatile stocks in CN Market11.5%
10% least volatile stocks in CN Market5.1%

Stable Share Price: 002958 has not had significant price volatility in the past 3 months.

Volatility Over Time: 002958's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19515,185n/ahttps://www.qrcb.com.cn

Qingdao Rural Commercial Bank Co., Ltd. provides various banking products and services in China. The company offers foreign exchange account; import and export collection; inward and outward remittance; letter of guarantee; financing; and export invoice financing services, as well as package and foreign exchange loans and certificates of deposit.

Qingdao Rural Commercial Bank Co., Ltd. Fundamentals Summary

How do Qingdao Rural Commercial Bank's earnings and revenue compare to its market cap?
2958 fundamental statistics
Market capCN¥14.89b
Earnings (TTM)CN¥2.32b
Revenue (TTM)CN¥5.07b

6.4x

P/E Ratio

0.4x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2958 income statement (TTM)
RevenueCN¥5.07b
Cost of RevenueCN¥0
Gross ProfitCN¥5.07b
Other ExpensesCN¥2.74b
EarningsCN¥2.32b

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

Apr 27, 2024

Earnings per share (EPS)0.42
Gross Margin100.00%
Net Profit Margin45.84%
Debt/Equity Ratio287.3%

How did 2958 perform over the long term?

See historical performance and comparison
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