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Bank of Chongqing SHSC:1963 Stock Report

Last Price

HK$6.09

Market Cap

HK$28.9b

7D

2.9%

1Y

55.8%

Updated

25 Dec, 2024

Data

Company Financials

Bank of Chongqing Co., Ltd.

SHSC:1963 Stock Report

Market Cap: HK$28.9b

1963 Stock Overview

Provides various banking and related financial services for corporate and individual customers in the People’s Republic of China. More details

1963 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends1/6

Rewards

Trading at 70.3% below our estimate of its fair value

Earnings grew by 6.1% over the past year

Risk Analysis

No risks detected for 1963 from our risk checks.

My Notes

Capture your thoughts, links and company narrative

Bank of Chongqing Co., Ltd. Competitors

Dongguan Rural Commercial Bank

SEHK:9889

HK$29.0b

Huishang Bank

SEHK:3698

HK$34.3b

Guangzhou Rural Commercial Bank

SEHK:1551

HK$23.3b

Bank of Guizhou

SEHK:6199

HK$17.7b

Price History & Performance

Summary of share price highs, lows and changes for Bank of Chongqing
Historical stock prices
Current Share PriceHK$6.09
52 Week HighHK$6.11
52 Week LowHK$3.86
Beta0.47
1 Month Change6.84%
3 Month Change15.78%
1 Year Change55.75%
3 Year Change36.85%
5 Year Changen/a
Change since IPO38.10%

Recent News & Updates

Recent updates

Shareholder Returns

1963HK BanksHK Market
7D2.9%4.2%1.5%
1Y55.8%35.7%20.6%

Return vs Industry: 1963 exceeded the Hong Kong Banks industry which returned 37.3% over the past year.

Return vs Market: 1963 exceeded the Hong Kong Market which returned 22.4% over the past year.

Price Volatility

Is 1963's price volatile compared to industry and market?
1963 volatility
1963 Average Weekly Movement5.2%
Banks Industry Average Movement5.5%
Market Average Movement8.8%
10% most volatile stocks in HK Market18.6%
10% least volatile stocks in HK Market4.0%

Stable Share Price: 1963 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 1963's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19965,294Song Gaowww.cqcbank.com

Bank of Chongqing Co., Ltd. provides various banking and related financial services for corporate and individual customers in the People’s Republic of China. It operates through three segments: Corporate Banking, Retail Banking, and Treasury. The company offers various deposit products and loans; inter-bank lending and borrowing, bonds investment, re-purchasing, and foreign currency transactions; and telephone, mobile, and online and WeChat banking services, as well as settlement services, financial leasing, and other services.

Bank of Chongqing Co., Ltd. Fundamentals Summary

How do Bank of Chongqing's earnings and revenue compare to its market cap?
1963 fundamental statistics
Market capHK$28.89b
Earnings (TTM)HK$5.19b
Revenue (TTM)HK$10.22b

4.1x

P/E Ratio

0.3x

P/B Ratio

Is 1963 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1963 income statement (TTM)
RevenueCN¥9.60b
Cost of RevenueCN¥0
Gross ProfitCN¥9.60b
Other ExpensesCN¥4.73b
EarningsCN¥4.88b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.40
Gross Margin100.00%
Net Profit Margin50.78%
Debt/Equity Ratio458.5%

How did 1963 perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

41%

Payout Ratio

Does 1963 pay a reliable dividends?

See 1963 dividend history and benchmarks
When do you need to buy 1963 by to receive an upcoming dividend?
Bank of Chongqing dividend dates
Ex Dividend DateDec 27 2024
Dividend Pay DateJan 24 2025
Days until Ex dividend1 day
Days until Dividend pay date29 days

Does 1963 pay a reliable dividends?

See 1963 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 10:49
End of Day Share Price 2024/12/24 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

Bank of Chongqing Co., Ltd. is covered by 19 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yu Hang AuABCI Securities Company Limited
Shanshan LiBOCOM International Securities Limited
Wei LiCCB International Securities Limited