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BOC Hong Kong (Holdings) SEHK:2388 Stock Report

Last Price

HK$24.65

Market Cap

HK$260.6b

7D

-1.8%

1Y

20.0%

Updated

21 Dec, 2024

Data

Company Financials +

BOC Hong Kong (Holdings) Limited

SEHK:2388 Stock Report

Market Cap: HK$260.6b

2388 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

2388 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends4/6

My Notes

Capture your thoughts, links and company narrative

BOC Hong Kong (Holdings) Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for BOC Hong Kong (Holdings)
Historical stock prices
Current Share PriceHK$24.65
52 Week HighHK$26.60
52 Week LowHK$17.86
Beta0.44
1 Month Change-2.95%
3 Month Change2.71%
1 Year Change19.95%
3 Year Change-1.60%
5 Year Change-9.71%
Change since IPO204.32%

Recent News & Updates

BOC Hong Kong (Holdings)'s (HKG:2388) Dividend Will Be HK$0.57

Sep 02
BOC Hong Kong (Holdings)'s (HKG:2388) Dividend Will Be HK$0.57

BOC Hong Kong (Holdings)'s (HKG:2388) Dividend Will Be Increased To HK$1.15

Jun 28
BOC Hong Kong (Holdings)'s (HKG:2388) Dividend Will Be Increased To HK$1.15

Recent updates

BOC Hong Kong (Holdings)'s (HKG:2388) Dividend Will Be HK$0.57

Sep 02
BOC Hong Kong (Holdings)'s (HKG:2388) Dividend Will Be HK$0.57

BOC Hong Kong (Holdings)'s (HKG:2388) Dividend Will Be Increased To HK$1.15

Jun 28
BOC Hong Kong (Holdings)'s (HKG:2388) Dividend Will Be Increased To HK$1.15

BOC Hong Kong (Holdings) (HKG:2388) Is Increasing Its Dividend To HK$1.15

May 01
BOC Hong Kong (Holdings) (HKG:2388) Is Increasing Its Dividend To HK$1.15

BOC Hong Kong (Holdings)'s (HKG:2388) Dividend Will Be Increased To HK$1.15

Apr 17
BOC Hong Kong (Holdings)'s (HKG:2388) Dividend Will Be Increased To HK$1.15

BOC Hong Kong (Holdings) (HKG:2388) Is Paying Out A Larger Dividend Than Last Year

Mar 31
BOC Hong Kong (Holdings) (HKG:2388) Is Paying Out A Larger Dividend Than Last Year

Shareholder Returns

2388HK BanksHK Market
7D-1.8%0.6%-0.5%
1Y20.0%31.0%19.9%

Return vs Industry: 2388 underperformed the Hong Kong Banks industry which returned 31% over the past year.

Return vs Market: 2388 matched the Hong Kong Market which returned 19.9% over the past year.

Price Volatility

Is 2388's price volatile compared to industry and market?
2388 volatility
2388 Average Weekly Movement2.8%
Banks Industry Average Movement5.5%
Market Average Movement8.8%
10% most volatile stocks in HK Market18.6%
10% least volatile stocks in HK Market4.1%

Stable Share Price: 2388 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 2388's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
191714,910Yu Sunwww.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?
2388 fundamental statistics
Market capHK$260.62b
Earnings (TTM)HK$35.77b
Revenue (TTM)HK$62.75b

7.3x

P/E Ratio

0.8x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2388 income statement (TTM)
RevenueHK$62.75b
Cost of RevenueHK$0
Gross ProfitHK$62.75b
Other ExpensesHK$26.98b
EarningsHK$35.77b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.38
Gross Margin100.00%
Net Profit Margin57.00%
Debt/Equity Ratio42.5%

How did 2388 perform over the long term?

See historical performance and comparison

Dividends

7.0%

Current Dividend Yield

51%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 04:19
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
Wing San WongBarclays
Dominic ChanBNP Paribas Securities (Asia)
Lingjie KongBOCI Research Ltd.