2948 Stock Overview
Bank of Qingdao Co., Ltd. provides various banking products and services in the People’s Republic of China.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
Bank of Qingdao Co., Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$3.37 |
| 52 Week High | HK$3.75 |
| 52 Week Low | HK$2.92 |
| Beta | 0.47 |
| 1 Month Change | 4.33% |
| 3 Month Change | 5.64% |
| 1 Year Change | 1.51% |
| 3 Year Change | -32.46% |
| 5 Year Change | -51.93% |
| Change since IPO | -49.93% |
Recent News & Updates
Recent updates
Shareholder Returns
| 2948 | CN Banks | CN Market | |
|---|---|---|---|
| 7D | 0.9% | -0.1% | 2.2% |
| 1Y | 1.5% | -1.4% | -14.2% |
Return vs Industry: 002948 exceeded the CN Banks industry which returned -1.4% over the past year.
Return vs Market: 002948 exceeded the CN Market which returned -14.2% over the past year.
Price Volatility
| 2948 volatility | |
|---|---|
| 2948 Average Weekly Movement | 2.8% |
| Banks Industry Average Movement | 2.9% |
| Market Average Movement | 8.7% |
| 10% most volatile stocks in CN Market | 12.7% |
| 10% least volatile stocks in CN Market | 5.2% |
Stable Share Price: 002948 has not had significant price volatility in the past 3 months.
Volatility Over Time: 002948's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1996 | 5,027 | Xianming Wu | www.qdccb.com |
Bank of Qingdao Co., Ltd. provides various banking products and services in the People’s Republic of China. The company operates through three segments: Retail Banking, Corporate Banking, and Financial Market Business. It accepts deposits, including savings, time, and demand; provides retail, corporate, and personal loans; discounted bills; short, mid, and long-term loans; conducts domestic and overseas settlements, as well as acceptance, discounting, and inter-bank discounting of notes; and issues financial bonds, as well as engages in issuing, cash-in, and underwriting government and financial bonds as agent and bank card business.
Bank of Qingdao Co., Ltd. Fundamentals Summary
| 2948 fundamental statistics | |
|---|---|
| Market cap | CN¥16.44b |
| Earnings (TTM) | CN¥3.32b |
| Revenue (TTM) | CN¥8.34b |
3.5x
P/E Ratio0.3x
P/B RatioIs 2948 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2948 income statement (TTM) | |
|---|---|
| Revenue | CN¥8.34b |
| Cost of Revenue | CN¥128.47m |
| Gross Profit | CN¥8.22b |
| Other Expenses | CN¥4.90b |
| Earnings | CN¥3.32b |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.57 |
| Gross Margin | 98.46% |
| Net Profit Margin | 39.73% |
| Debt/Equity Ratio | 414.5% |
How did 2948 perform over the long term?
See historical performance and comparison