CU9 Stock Overview

An investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, China, and internationally. More details

CU9 fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	1/6
Past Performance	5/6
Financial Health	5/6
Dividends	5/6

Rewards

Trading at 60.2% below our estimate of its fair value

Earnings are forecast to grow 1.27% per year

Earnings grew by 18% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

BOC Hong Kong (Holdings) Limited Competitors

Commerzbank

XTRA:CBK

€18.4b

ProCredit Holding

XTRA:PCZ

€459.4m

Merkur PrivatBank KgaA

XTRA:MBK

€107.3m

Nordea Bank Abp

HLSE:NDA FI

€36.5b

Price History & Performance

Summary of share price highs, lows and changes for BOC Hong Kong (Holdings)
Historical stock prices
Current Share Price	HK$2.86
52 Week High	HK$3.04
52 Week Low	HK$2.04
Beta	0.44
1 Month Change	6.72%
3 Month Change	8.33%
1 Year Change	22.22%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	4.32%

Recent updates

Shareholder Returns

	CU9	DE Banks	DE Market
7D	1.4%	1.3%	0.5%
1Y	22.2%	20.2%	7.2%

Return vs Industry: CU9 exceeded the German Banks industry which returned 20.2% over the past year.

Return vs Market: CU9 exceeded the German Market which returned 7.2% over the past year.

Price Volatility

Is CU9's price volatile compared to industry and market?
CU9 volatility
CU9 Average Weekly Movement	3.1%
Banks Industry Average Movement	3.1%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	11.7%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: CU9 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: CU9's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1917	14,910	Yu Sun	www.bochk.com

BOC Hong Kong (Holdings) Limited, an investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, China, and internationally. The company operates through four segments: Personal Banking, Corporate Banking, Treasury, and Insurance. It offers savings, current, and time deposit accounts; mortgage plans; corporate deposits, and payroll and e-cheques services.

BOC Hong Kong (Holdings) Limited Fundamentals Summary

How do BOC Hong Kong (Holdings)'s earnings and revenue compare to its market cap?
CU9 fundamental statistics
Market cap	€32.59b
Earnings (TTM)	€4.42b
Revenue (TTM)	€7.75b

7.4x

P/E Ratio

0.8x

P/B Ratio

Is CU9 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CU9 income statement (TTM)
Revenue	HK$62.75b
Cost of Revenue	HK$0
Gross Profit	HK$62.75b
Other Expenses	HK$26.98b
Earnings	HK$35.77b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	3.38
Gross Margin	100.00%
Net Profit Margin	57.00%
Debt/Equity Ratio	42.5%

How did CU9 perform over the long term?

See historical performance and comparison

Dividends

6.9%

Current Dividend Yield

51%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/29 15:32
End of Day Share Price	2024/12/27 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

BOC Hong Kong (Holdings) Limited is covered by 43 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Wing San Wong	Barclays
Dominic Chan	BNP Paribas Securities (Asia)
Lingjie Kong	BOCI Research Ltd.