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Chongqing Rural Commercial Bank SEHK:3618 Stock Report

Last Price

HK$4.22

Market Cap

HK$64.1b

7D

-3.2%

1Y

42.1%

Updated

22 Dec, 2024

Data

Company Financials +

Chongqing Rural Commercial Bank Co., Ltd.

SEHK:3618 Stock Report

Market Cap: HK$64.1b

3618 Stock Overview

Engages in the provision of banking services in the People’s Republic of China. More details

3618 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance4/6
Financial Health6/6
Dividends5/6

Rewards

Trading at 72.8% below our estimate of its fair value

Earnings are forecast to grow 4.82% per year

Earnings grew by 1.7% over the past year

Pays a reliable dividend of 7.21%

Risk Analysis

No risks detected for 3618 from our risk checks.

My Notes

Capture your thoughts, links and company narrative

Chongqing Rural Commercial Bank Co., Ltd. Competitors

Bank of Chongqing

SEHK:1963

HK$28.2b

Huishang Bank

SEHK:3698

HK$33.3b

Dongguan Rural Commercial Bank

SEHK:9889

HK$26.2b

Bank of Qingdao

SEHK:3866

HK$20.3b

Price History & Performance

Summary of share price highs, lows and changes for Chongqing Rural Commercial Bank
Historical stock prices
Current Share PriceHK$4.22
52 Week HighHK$4.68
52 Week LowHK$2.83
Beta0.37
1 Month Change3.18%
3 Month Change11.64%
1 Year Change42.09%
3 Year Change56.30%
5 Year Change6.84%
Change since IPO-18.85%

Recent News & Updates

Recent updates

Shareholder Returns

3618HK BanksHK Market
7D-3.2%0.6%-0.5%
1Y42.1%31.0%19.9%

Return vs Industry: 3618 exceeded the Hong Kong Banks industry which returned 31% over the past year.

Return vs Market: 3618 exceeded the Hong Kong Market which returned 19.9% over the past year.

Price Volatility

Is 3618's price volatile compared to industry and market?
3618 volatility
3618 Average Weekly Movement6.0%
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: 3618 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 3618's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
195114,592Jun Suiwww.cqrcb.com

Chongqing Rural Commercial Bank Co., Ltd., together with its subsidiaries, engages in the provision of banking services in the People’s Republic of China. It operates through Corporate Banking, Personal Banking, and Financial Market Business segments. The Corporate Banking segment offers current accounts, deposits, overdrafts, loans, and trade-related products, as well as engages in foreign currency and other credit services.

Chongqing Rural Commercial Bank Co., Ltd. Fundamentals Summary

How do Chongqing Rural Commercial Bank's earnings and revenue compare to its market cap?
3618 fundamental statistics
Market capHK$64.11b
Earnings (TTM)HK$11.74b
Revenue (TTM)HK$22.47b

4.1x

P/E Ratio

0.3x

P/B Ratio

Is 3618 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
3618 income statement (TTM)
RevenueCN¥21.08b
Cost of RevenueCN¥0
Gross ProfitCN¥21.08b
Other ExpensesCN¥10.06b
EarningsCN¥11.02b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.97
Gross Margin100.00%
Net Profit Margin52.26%
Debt/Equity Ratio317.9%

How did 3618 perform over the long term?

See historical performance and comparison

Dividends

7.2%

Current Dividend Yield

30%

Payout Ratio

Does 3618 pay a reliable dividends?

See 3618 dividend history and benchmarks
When do you need to buy 3618 by to receive an upcoming dividend?
Chongqing Rural Commercial Bank dividend dates
Ex Dividend DateDec 18 2024
Dividend Pay DateJan 23 2025
Days until Ex dividend4 days
Days until Dividend pay date32 days

Does 3618 pay a reliable dividends?

See 3618 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 06:03
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
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

Chongqing Rural Commercial Bank Co., Ltd. is covered by 53 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Meizhi YanBarclays
Judy ZhangBNP Paribas Securities (Asia)
Cho Ming LauBOCI Research Ltd.