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Weihai City Commercial Bank SEHK:9677 Stock Report

Last Price

HK$2.85

Market Cap

HK$17.0b

7D

-1.4%

1Y

-1.4%

Updated

21 Nov, 2024

Data

Company Financials

Weihai City Commercial Bank Co., Ltd.

SEHK:9677 Stock Report

Market Cap: HK$17.0b

9677 Stock Overview

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

9677 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends2/6

Weihai City Commercial Bank Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Weihai City Commercial Bank
Historical stock prices
Current Share PriceHK$2.85
52 Week HighHK$2.89
52 Week LowHK$2.45
Beta0.071
11 Month Change1.79%
3 Month Change7.55%
1 Year Change-1.38%
33 Year Change-16.42%
5 Year Changen/a
Change since IPO-14.93%

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-1.4%1.7%0.4%
1Y-1.4%26.3%12.0%

Return vs Industry: 9677 underperformed the Hong Kong Banks industry which returned 26.3% over the past year.

Return vs Market: 9677 underperformed the Hong Kong Market which returned 12% over the past year.

Price Volatility

Is 9677's price volatile compared to industry and market?
9677 volatility
9677 Average Weekly Movement1.4%
Banks Industry Average Movement6.0%
Market Average Movement8.9%
10% most volatile stocks in HK Market18.9%
10% least volatile stocks in HK Market4.3%

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$17.04b
Earnings (TTM)HK$1.88b
Revenue (TTM)HK$4.81b

9.1x

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

3.7%

Current Dividend Yield

34%

Payout Ratio