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Qingdao Rural Commercial Bank SZSE:002958 Stock Report

Last Price

CN¥2.61

Market Cap

CN¥14.5b

7D

2.4%

1Y

-15.0%

Updated

02 Aug, 2024

Data

Company Financials +

Qingdao Rural Commercial Bank Co., Ltd.

SZSE:002958 Stock Report

Market Cap: CN¥14.5b

002958 Stock Overview

Provides various banking products and services in China.

002958 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance4/6
Financial Health6/6
Dividends3/6

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¥2.61
52 Week HighCN¥3.14
52 Week LowCN¥2.48
Beta0.74
11 Month Change-6.79%
3 Month Change-8.10%
1 Year Change-14.98%
33 Year Change-32.56%
5 Year Change-57.14%
Change since IPO-54.21%

Recent News & Updates

Recent updates

Shareholder Returns

002958CN BanksCN Market
7D2.4%0.2%3.0%
1Y-15.0%-2.3%-19.9%

Return vs Industry: 002958 underperformed the CN Banks industry which returned -2.3% over the past year.

Return vs Market: 002958 exceeded the CN Market which returned -19.9% over the past year.

Price Volatility

Is 002958's price volatile compared to industry and market?
002958 volatility
002958 Average Weekly Movement2.4%
Banks Industry Average Movement2.9%
Market Average Movement5.7%
10% most volatile stocks in CN Market8.9%
10% least volatile stocks in CN Market3.9%

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

Volatility Over Time: 002958's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19515,500Fengxing Yuwww.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?
002958 fundamental statistics
Market capCN¥14.50b
Earnings (TTM)CN¥2.43b
Revenue (TTM)CN¥5.44b

6.0x

P/E Ratio

0.4x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002958 income statement (TTM)
RevenueCN¥5.44b
Cost of RevenueCN¥0
Gross ProfitCN¥5.44b
Other ExpensesCN¥3.01b
EarningsCN¥2.43b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 31, 2024

Earnings per share (EPS)0.44
Gross Margin100.00%
Net Profit Margin44.62%
Debt/Equity Ratio274.0%

How did 002958 perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

23%

Payout Ratio
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