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Bank of Jiujiang

SEHK:6190
Snowflake Description

Flawless balance sheet with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
6190
SEHK
HK$26B
Market Cap
  1. Home
  2. HK
  3. Banks
Company description

Bank of Jiujiang Co., Ltd. provides various banking products and services for individuals, corporate customers, and small and micro enterprises in the People's Republic of China. The last earnings update was 54 days ago. More info.


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6190 Share Price and Events
7 Day Returns
0%
SEHK:6190
0.1%
HK Banks
0.5%
HK Market
1 Year Returns
-
SEHK:6190
-15.6%
HK Banks
-15.9%
HK Market
6190 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Bank of Jiujiang (6190) 0% 0% 0% - - -
HK Banks 0.1% -2.2% -9% -15.6% 21.2% 3.8%
HK Market 0.5% -4% -8.6% -15.9% 20.6% 3%
1 Year Return vs Industry and Market
  • No trading data on 6190.
  • No trading data on 6190.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Bank of Jiujiang undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Bank of Jiujiang to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Bank of Jiujiang.

SEHK:6190 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= CN¥9.09 * 9.6%
CN¥0.87
Book Value of Equity per Share Median Book Value from the past 5 years. CN¥9.09
Discount Rate (Cost of Equity) See below 10.6%
Perpetual Growth Rate 10-Year HK Government Bond Rate 2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SEHK:6190
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year HK Govt Bond Rate 2%
Equity Risk Premium S&P Global 6%
Banks Unlevered Beta Simply Wall St/ S&P Global 0.59
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.593 (1 + (1- 25%) (239.36%))
1.44
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.44
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2% + (1.44 * 5.96%)
10.58%

Discounted Cash Flow Calculation for SEHK:6190 using Excess Returns Model Model

The calculations below outline how an intrinsic value for Bank of Jiujiang is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

SEHK:6190 Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (9.6% – 10.58%) * CN¥9.09)
CN¥-0.09
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= CN¥-0.09 / (10.58% - 2%)
CN¥-1.04
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= CN¥9.09 + CN¥-1.04
CN¥8.05
SEHK:6190 Discount to Share Price
Calculation Result
Exchange Rate CNY/HKD
(Reporting currency to currency of SEHK:6190)
1.13
Value per Share
(HKD)
= Value per Share in CNY x Exchange Rate (CNY/HKD)
= CN¥8.05 x 1.13
HK$9.1
Value per share (HKD) From above. HK$9.10
Current discount Discount to share price of HK$10.60
= -1 x (HK$10.60 - HK$9.10) / HK$9.10
-16.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Bank of Jiujiang is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Bank of Jiujiang's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Bank of Jiujiang's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:6190 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CNY CN¥0.80
SEHK:6190 Share Price ** SEHK (2019-06-14) in HKD HK$10.6
SEHK:6190 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.885 CN¥9.38
Hong Kong Banks Industry PE Ratio Median Figure of 31 Publicly-Listed Banks Companies 6.03x
Hong Kong Market PE Ratio Median Figure of 1,487 Publicly-Listed Companies 10.68x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Bank of Jiujiang.

SEHK:6190 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:6190 Share Price ÷ EPS (both in CNY)

= 9.38 ÷ 0.80

11.7x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bank of Jiujiang is overvalued based on earnings compared to the HK Banks industry average.
  • Bank of Jiujiang is overvalued based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does Bank of Jiujiang's expected growth come at a high price?
Raw Data
SEHK:6190 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.7x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
12%per year
Hong Kong Banks Industry PEG Ratio Median Figure of 16 Publicly-Listed Banks Companies 0.84x
Hong Kong Market PEG Ratio Median Figure of 466 Publicly-Listed Companies 0.76x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Bank of Jiujiang, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Bank of Jiujiang's assets?
Raw Data
SEHK:6190 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CNY CN¥9.58
SEHK:6190 Share Price * SEHK (2019-06-14) in HKD HK$10.6
SEHK:6190 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.885 CN¥9.38
Hong Kong Banks Industry PB Ratio Median Figure of 31 Publicly-Listed Banks Companies 0.66x
Hong Kong Market PB Ratio Median Figure of 2,169 Publicly-Listed Companies 0.93x
SEHK:6190 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:6190 Share Price ÷ Book Value per Share (both in CNY)

= 9.38 ÷ 9.58

0.98x

* Primary Listing of Bank of Jiujiang.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bank of Jiujiang is overvalued based on assets compared to the HK Banks industry average.
X
Value checks
We assess Bank of Jiujiang's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. Bank of Jiujiang has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

  • No analysts cover Bank of Jiujiang, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
12%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Bank of Jiujiang expected to grow at an attractive rate?
  • Bank of Jiujiang's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • Bank of Jiujiang's earnings growth is expected to exceed the Hong Kong market average.
  • Unable to compare Bank of Jiujiang's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:6190 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:6190 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 12%
Hong Kong Banks Industry Earnings Growth Rate Market Cap Weighted Average 6.5%
Hong Kong Banks Industry Revenue Growth Rate Market Cap Weighted Average 8.1%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.2%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:6190 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:6190 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-12-31 4,452 -33,675 1,758
2018-09-30 4,672 -33,977 1,940
2018-06-30 4,955 -5,532 2,123
2018-03-31 4,586 -2,709 1,945
2017-12-31 4,154 -28,633 1,766
2016-12-31 3,938 -1,562 1,578

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Bank of Jiujiang's earnings are expected to grow by 12% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Bank of Jiujiang is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:6190 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Bank of Jiujiang Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:6190 Past Financials Data
Date (Data in CNY Millions) EPS *
2018-12-31 0.80
2018-09-30 0.93
2018-06-30 1.06
2018-03-31 0.97
2017-12-31 0.93
2016-12-31 1.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Bank of Jiujiang will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Bank of Jiujiang's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Bank of Jiujiang has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

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

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Bank of Jiujiang's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Bank of Jiujiang's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Bank of Jiujiang's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Bank of Jiujiang's 1-year earnings growth is negative, it can't be compared to the HK Banks industry average.
Earnings and Revenue History
Bank of Jiujiang's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Bank of Jiujiang Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:6190 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 4,452.16 1,757.69 2,073.93
2018-09-30 4,672.20 1,940.40 2,088.27
2018-06-30 4,955.17 2,123.11 2,199.11
2018-03-31 4,585.84 1,944.78 2,050.81
2017-12-31 4,153.58 1,766.45 1,806.01
2016-12-31 3,938.39 1,578.32 1,717.72
2015-12-31 4,154.02 1,777.99 1,443.25
2014-12-31 3,730.10 1,787.99 1,171.74
2013-12-31 3,463.23 1,850.49 891.48
2012-12-31 3,080.49 1,669.86 644.28

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Bank of Jiujiang has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Bank of Jiujiang used its assets less efficiently than the HK Banks industry average last year based on Return on Assets.
  • Unable to establish if Bank of Jiujiang improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Bank of Jiujiang's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Bank of Jiujiang has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

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

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Bank of Jiujiang's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Bank of Jiujiang Company Filings, last reported 5 months ago.

SEHK:6190 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 23,599.26 54,044.73 32,149.54
2018-09-30 23,599.26 54,044.73 32,149.54
2018-06-30 18,700.90 50,992.49 21,440.81
2018-03-31 18,700.90 50,992.49 21,440.81
2017-12-31 17,651.16 59,582.71 35,727.52
2016-12-31 13,496.15 47,005.67 33,158.99
2015-12-31 12,574.54 33,637.23 42,207.73
2014-12-31 10,831.49 13,180.09 36,444.33
2013-12-31 9,150.24 12,070.35 38,000.99
2012-12-31 7,632.68 3,209.43 11,245.50
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Bank of Jiujiang has an acceptable proportion of non-loan assets held.
  • Bank of Jiujiang's liabilities are made up of primarily low risk sources of funding.
  • Loans at Bank of Jiujiang are broadly funded by customer deposits.
  • Bank of Jiujiang's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
  • Bank of Jiujiang has a sufficient allowance for bad loans.
  • Bank of Jiujiang has an acceptable level of bad loans (less than 2%).
X
Financial health checks
We assess Bank of Jiujiang's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Bank of Jiujiang has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Bank of Jiujiang's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.85%
Current annual income from Bank of Jiujiang dividends.
If you bought HK$2,000 of Bank of Jiujiang shares you are expected to receive HK$17 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Bank of Jiujiang's pays a lower dividend yield than the bottom 25% of dividend payers in Hong Kong (2.08%).
  • Bank of Jiujiang's dividend is below the markets top 25% of dividend payers in Hong Kong (5.95%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:6190 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Hong Kong Banks Industry Average Dividend Yield Market Cap Weighted Average of 29 Stocks 5.4%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 966 Stocks 3.7%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:6190 Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2019-04-23 0.080 0.863

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bank of Jiujiang is not paying a notable dividend for Hong Kong, therefore no need to check if the payments are stable.
  • Bank of Jiujiang is not paying a notable dividend for Hong Kong, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Bank of Jiujiang's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Bank of Jiujiang's dividends as it is not paying a notable one for Hong Kong.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Bank of Jiujiang's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Bank of Jiujiang afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Bank of Jiujiang has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Bank of Jiujiang's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ming Pan
COMPENSATION CN¥1,092,000
AGE 44
TENURE AS CEO 6.4 years
CEO Bio

Mr. Ming Pan is Vice Chairman, President and Chief Customer Manager at Bank of Jiujiang Co., Ltd.

CEO Compensation
  • Ming's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Ming's remuneration is lower than average for companies of similar size in Hong Kong.
Management Team

Xianting Liu

TITLE
Chairman of the Board
COMPENSATION
CN¥1M
AGE
57

Ming Pan

TITLE
Vice Chairman
COMPENSATION
CN¥1M
AGE
44
TENURE
6.4 yrs

Liping Cai

TITLE
Executive Director & VP
COMPENSATION
CN¥958K
AGE
55

Jing Xiao

TITLE
Chief Information Officer & VP
AGE
42
TENURE
0.5 yrs

Chan Zhi

TITLE
IR Manager

Wenjing Dai

TITLE
Supervisor & Vice GM of the Audit Department
AGE
46

Faping Tong

TITLE
VP, Board Secretary & Joint Secretary
AGE
46

Wing Ng

TITLE
Joint company secretary
Board of Directors

Ming Pan

TITLE
Vice Chairman
COMPENSATION
CN¥1M
AGE
44
TENURE
6.4 yrs

Liping Cai

TITLE
Executive Director & VP
COMPENSATION
CN¥958K
AGE
55

Wenjing Dai

TITLE
Supervisor & Vice GM of the Audit Department
AGE
46

Xinhua Luo

TITLE
Chairman of Board of supervisors
AGE
59

Xianting Liu

TITLE
Chairman of the Board
COMPENSATION
CN¥1M
AGE
57

Alvin Chua

TITLE
Independent Non-Executive Director
AGE
60

Yuhui Gao

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥199K
AGE
69

Ze Quan

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥195K
AGE
47

Tao Yang

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥192K
AGE
45

Jianbao Li

TITLE
Non-Executive Director
AGE
45
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
02. May 19 Sell Hong Kong Kaili Furniture Company Limited Company 30. Apr 19 30. Apr 19 -33,018,800 HK$10.51 HK$-347,027,594
02. May 19 Sell AVICT Global Holdings Limited Company 30. Apr 19 30. Apr 19 -13,018,800 HK$10.51 HK$-136,827,590
16. Apr 19 Sell AVICT Global Holdings Limited Company 11. Apr 19 11. Apr 19 -20,000,000 HK$10.51 HK$-210,199,924
19. Jul 18 Buy Qiuhong Zhou Individual 10. Jul 18 10. Jul 18 27,370,800 HK$10.60 HK$290,130,539
11. Jul 18 Buy Guangzhou R&F Properties Co., Ltd. Company 10. Jul 18 10. Jul 18 21,909,400 HK$10.60 HK$232,239,687
X
Management checks
We assess Bank of Jiujiang's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Bank of Jiujiang has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Should You Be Tempted To Sell Bank of Jiujiang Co Ltd (HKG:6190) Because Of Its P/E Ratio?

Bank of Jiujiang has a P/E ratio of 9.37, based on the last twelve months. … Price to Earnings Ratio = Price per Share (in the reporting currency) ÷ Earnings per Share (EPS) … P/E of 9.37 = CN¥9.41 (Note: this is the share price in the reporting currency, namely, CNY ) ÷ CN¥1

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Understated Factors To Consider Before Investing In Bank of Jiujiang Co Ltd (HKG:6190)

As a small-cap bank stock with a market capitalisation of HK$25.52b, Bank of Jiujiang Co Ltd’s (HKG:6190) risk and profitability are largely determined by the underlying economic growth of the HK regions in which it operates. … Basel III target banking regulations to improve the sector’s ability to absorb shocks resulting from economic stress which may expose financial institutions like Bank of Jiujiang to vulnerabilities. … Today we will be measuring Bank of Jiujiang’s financial risk position by looking at three leverage and liquidity metrics.

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Company Info

Description

Bank of Jiujiang Co., Ltd. provides various banking products and services for individuals, corporate customers, and small and micro enterprises in the People's Republic of China. It operates through Corporate Banking, Retail Banking, and Financial Market segments. The company offers demand, time, and notice deposit products; and personal loans, such as residential mortgage loans, personal business and consumption loans, and public service card overdrafts; and debit and credit cards. It is, also involved in the money market transaction, investment in standard investment products and non-standard credit assets, equity investments bond underwriting and distribution, interbank discount and rediscount of bills, and wealth management businesses. In addition, the company offers agency, payroll and payment, and online, mobile, telephone, self-service, and WeChat banking services. It operates through a network of 13 branches and 241 sub-branches. The company was founded in 2000 and is based in Jiujiang, the People's Republic of China.

Details
Name: Bank of Jiujiang Co., Ltd.
6190
Exchange: SEHK
Founded: 2000
HK$25,518,092,320
2,407,367,200
Website: http://www.jjccb.com
Address: Bank of Jiujiang Co., Ltd.
619 Changhong Avenue,
Jiujiang,
Jiangxi Province, 332000,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 6190 Foreign Shares-Foreign Listed The Stock Exchange of Hong Kong Ltd. HK HKD 10. Jul 2018
Number of employees
Current staff
Staff numbers
3,597
Bank of Jiujiang employees.
Industry
Regional Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/16 13:01
End of day share price update: 2019/06/14 00:00
Last earnings filing: 2019/04/23
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.