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Weihai City Commercial Bank SEHK:9677 Stock Report

Last Price

HK$2.93

Market Cap

HK$17.5b

7D

-0.7%

1Y

4.6%

Updated

06 Feb, 2025

Data

Company Financials +

Weihai City Commercial Bank Co., Ltd.

SEHK:9677 Stock Report

Market Cap: HK$17.5b

9677 Stock Overview

Provides corporate banking, retail banking, and financial market services in China. More details

9677 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance2/6
Financial Health6/6
Dividends2/6

My Notes

Capture your thoughts, links and company narrative

Weihai City Commercial Bank Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Weihai City Commercial Bank
Historical stock prices
Current Share PriceHK$2.93
52 Week HighHK$2.95
52 Week LowHK$2.45
Beta0.075
1 Month Change1.38%
3 Month Change1.38%
1 Year Change4.64%
3 Year Change-9.29%
5 Year Changen/a
Change since IPO-12.54%

Recent News & Updates

It's Unlikely That The CEO Of Weihai City Commercial Bank Co., Ltd. (HKG:9677) Will See A Huge Pay Rise This Year

Apr 23
It's Unlikely That The CEO Of Weihai City Commercial Bank Co., Ltd. (HKG:9677) Will See A Huge Pay Rise This Year

Recent updates

It's Unlikely That The CEO Of Weihai City Commercial Bank Co., Ltd. (HKG:9677) Will See A Huge Pay Rise This Year

Apr 23
It's Unlikely That The CEO Of Weihai City Commercial Bank Co., Ltd. (HKG:9677) Will See A Huge Pay Rise This Year

Three Things You Should Check Before Buying Weihai City Commercial Bank Co., Ltd. (HKG:9677) For Its Dividend

Apr 05
Three Things You Should Check Before Buying Weihai City Commercial Bank Co., Ltd. (HKG:9677) For Its Dividend

Shareholder Returns

9677HK BanksHK Market
7D-0.7%0.9%2.3%
1Y4.6%34.7%24.5%

Return vs Industry: 9677 underperformed the Hong Kong Banks industry which returned 32.5% over the past year.

Return vs Market: 9677 underperformed the Hong Kong Market which returned 22.3% over the past year.

Price Volatility

Is 9677's price volatile compared to industry and market?
9677 volatility
9677 Average Weekly Movement1.2%
Banks Industry Average Movement3.4%
Market Average Movement6.4%
10% most volatile stocks in HK Market13.7%
10% least volatile stocks in HK Market3.0%

Stable Share Price: 9677 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 9677's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a3,320Wenbin Zhangwww.whccb.com

Weihai City Commercial Bank Co., Ltd., together with its subsidiaries, provides corporate banking, retail banking, and financial market services in China. It offers deposit taking, personal loans, personal wealth management, and remittance services, as well as debit and credit cards. The company also provides corporate loans and advances, trade financing, wealth management, consulting and advisory, remittance and settlement, guarantee, finance leasing, and agency services.

Weihai City Commercial Bank Co., Ltd. Fundamentals Summary

How do Weihai City Commercial Bank's earnings and revenue compare to its market cap?
9677 fundamental statistics
Market capHK$17.52b
Earnings (TTM)HK$1.87b
Revenue (TTM)HK$4.78b

9.4x

P/E Ratio

0.6x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
9677 income statement (TTM)
RevenueCN¥4.47b
Cost of RevenueCN¥0
Gross ProfitCN¥4.47b
Other ExpensesCN¥2.73b
EarningsCN¥1.75b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.29
Gross Margin100.00%
Net Profit Margin39.05%
Debt/Equity Ratio326.2%

How did 9677 perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

34%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/06 04:12
End of Day Share Price 2025/02/06 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.

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 Github.

Analyst Sources

Weihai City Commercial Bank Co., Ltd. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Feifei XiaoCitic Securities Co., Ltd.