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1578

Bank of Tianjin SEHK:1578 Stock Report

Last Price

HK$2.12

Market Cap

HK$12.9b

7D

2.4%

1Y

-37.6%

Updated

25 Jun, 2022

Data

Company Financials
1578 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance1/6
Financial Health5/6
Dividends0/6

1578 Stock Overview

Bank of Tianjin Co., Ltd. provides a range of banking and related financial services primarily in the People’s Republic of China.

Bank of Tianjin Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Bank of Tianjin
Historical stock prices
Current Share PriceHK$2.12
52 Week HighHK$3.64
52 Week LowHK$1.61
Beta0.021
1 Month Change1.92%
3 Month Change6.53%
1 Year Change-37.65%
3 Year Change-57.60%
5 Year Change-61.66%
Change since IPO-71.31%

Recent News & Updates

Shareholder Returns

1578HK BanksHK Market
7D2.4%0.6%2.1%
1Y-37.6%-3.2%-23.3%

Return vs Industry: 1578 underperformed the Hong Kong Banks industry which returned -3.2% over the past year.

Return vs Market: 1578 underperformed the Hong Kong Market which returned -23.3% over the past year.

Price Volatility

Is 1578's price volatile compared to industry and market?
1578 volatility
1578 Average Weekly Movement3.4%
Banks Industry Average Movement2.8%
Market Average Movement7.0%
10% most volatile stocks in HK Market13.8%
10% least volatile stocks in HK Market3.3%

Stable Share Price: 1578 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 1578's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19966,587Hongtao Wuhttps://www.bankoftianjin.com

Bank of Tianjin Co., Ltd. provides a range of banking and related financial services primarily in the People’s Republic of China. It operates through Corporate Banking, Personal Banking, and Treasury Operations segments. The Corporate Banking segment offers deposit taking, corporate loan, trade financing, and other types of corporate intermediary services to corporations, government agencies, and financial institutions.

Bank of Tianjin Fundamentals Summary

How do Bank of Tianjin's earnings and revenue compare to its market cap?
1578 fundamental statistics
Market CapCN¥10.97b
Earnings (TTM)CN¥3.20b
Revenue (TTM)CN¥7.84b

3.4x

P/E Ratio

0.2x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1578 income statement (TTM)
RevenueCN¥7.84b
Cost of RevenueCN¥0
Gross ProfitCN¥7.84b
Other ExpensesCN¥4.65b
EarningsCN¥3.20b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.53
Gross Margin100.00%
Net Profit Margin40.76%
Debt/Equity Ratio403.6%

How did 1578 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 1578 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1578?

Other financial metrics that can be useful for relative valuation.

1578 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 1578's PE Ratio compare to its peers?

1578 PE Ratio vs Peers
The above table shows the PE ratio for 1578 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average7.1x

Price-To-Earnings vs Peers: 1578 is good value based on its Price-To-Earnings Ratio (3.4x) compared to the peer average (7.1x).


Price to Earnings Ratio vs Industry

How does 1578's PE Ratio compare vs other companies in the Hong Kong Banks Industry?

Price-To-Earnings vs Industry: 1578 is good value based on its Price-To-Earnings Ratio (3.4x) compared to the Hong Kong Banks industry average (5.6x)


Price to Earnings Ratio vs Fair Ratio

What is 1578'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.

1578 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio3.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 1578's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 1578 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1578 (HK$2.12) is trading below our estimate of fair value (HK$6.9)

Significantly Below Fair Value: 1578 is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1578's PEG Ratio to determine if it is good value.


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Future Growth

How is Bank of Tianjin forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


8.9%

Forecasted Banks industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bank of Tianjin has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

  • Examine whether Bank of Tianjin is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • Bank of Tianjin competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Bank of Tianjin performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-2.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 1578 has high quality earnings.

Growing Profit Margin: 1578's current net profit margins (40.8%) are lower than last year (48%).


Past Earnings Growth Analysis

Earnings Trend: 1578's earnings have declined by 2% per year over the past 5 years.

Accelerating Growth: 1578's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1578 had negative earnings growth (-25.8%) over the past year, making it difficult to compare to the Banks industry average (11.4%).


Return on Equity

High ROE: 1578's Return on Equity (5.6%) is considered low.


Discover strong past performing companies

Financial Health

How is Bank of Tianjin's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score

5/6

Financial Health Score 5/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: 1578's Assets to Equity ratio (12.5x) is moderate.

Allowance for Bad Loans: 1578 has a sufficient allowance for bad loans (154%).

Low Risk Liabilities: 64% of 1578's liabilities are made up of primarily low risk sources of funding.

Loan Level: 1578 has an appropriate level of Loans to Assets ratio (45%).

Low Risk Deposits: 1578's Loans to Deposits ratio (77%) is appropriate.

Level of Bad Loans: 1578 has a high level of bad loans (2.4%).


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Dividend

What is Bank of Tianjin current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1578's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1578's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 1578's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1578's dividend payments have been increasing.


Current Payout to Shareholders

Earnings Coverage: 1578 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1578's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

1.6yrs

Average management tenure


CEO

Hongtao Wu (49 yo)

1.58yrs

Tenure

CN¥1,343,000

Compensation

Mr. Hongtao Wu serves as the President at Bank of Tianjin Co., Ltd. since October 2020 and has been its Executive Director since January 2021. He is responsible for the overall work of our Bank’s operation...


CEO Compensation Analysis

Compensation vs Market: Hongtao's total compensation ($USD200.77K) is below average for companies of similar size in the Hong Kong market ($USD590.64K).

Compensation vs Earnings: Insufficient data to compare Hongtao's compensation with company performance.


Leadership Team

Experienced Management: 1578's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

Experienced Board: 1578's board of directors are considered experienced (5.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Bank of Tianjin Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Bank of Tianjin Co., Ltd.
  • Ticker: 1578
  • Exchange: SEHK
  • Founded: 1996
  • Industry: Regional Banks
  • Sector: Banks
  • Implied Market Cap: HK$12.870b
  • Shares outstanding: 6.07b
  • Website: https://www.bankoftianjin.com

Number of Employees


Location

  • Bank of Tianjin Co., Ltd.
  • No. 15 Youyi Road
  • Hexi District
  • Tianjin
  • 300201
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/25 00:00
End of Day Share Price2022/06/24 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.