BOC Hong Kong (Holdings) (SHSC:2388) - Stock Price, News & Analysis

2388 Stock Overview

An investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, China, and internationally. More details

2388 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	5/6
Financial Health	5/6
Dividends	4/6

Rewards

Trading at 54.5% below our estimate of its fair value

Earnings grew by 18% over the past year

Risk Analysis

Unstable dividend track record

BOC Hong Kong (Holdings) Limited Competitors

China CITIC Bank

SEHK:998

HK$358.3b

Hang Seng Bank

SEHK:11

HK$172.9b

Postal Savings Bank of China

SEHK:1658

HK$540.8b

Bank of Communications

SEHK:3328

HK$511.0b

Price History & Performance

Summary of all time highs, changes and price drops for BOC Hong Kong (Holdings)
Historical stock prices
Current Share Price	HK$24.35
52 Week High	HK$26.60
52 Week Low	HK$17.86
Beta	0.44
11 Month Change	-4.70%
3 Month Change	-1.02%
1 Year Change	16.51%
33 Year Change	1.67%
5 Year Change	-6.71%
Change since IPO	-11.45%

Recent updates

Shareholder Returns

	2388	HK Banks	HK Market
7D	-4.1%	-2.2%	-2.1%
1Y	16.5%	24.7%	11.5%

Return vs Industry: 2388 underperformed the Hong Kong Banks industry which returned 26.8% over the past year.

Return vs Market: 2388 exceeded the Hong Kong Market which returned 13.6% over the past year.

Price Volatility

Is 2388's price volatile compared to industry and market?
2388 volatility
2388 Average Weekly Movement	3.1%
Banks Industry Average Movement	6.0%
Market Average Movement	8.9%
10% most volatile stocks in HK Market	19.1%
10% least volatile stocks in HK Market	4.2%

Stable Share Price: 2388 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 2388's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1917	14,910	Yu Sun	www.bochk.com

BOC Hong Kong (Holdings) Limited, an investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, China, and internationally. The company operates through four segments: Personal Banking, Corporate Banking, Treasury, and Insurance. It offers savings, current, and time deposit accounts; mortgage plans; corporate deposits, and payroll and e-cheques services.

BOC Hong Kong (Holdings) Limited Fundamentals Summary

How do BOC Hong Kong (Holdings)'s earnings and revenue compare to its market cap?
2388 fundamental statistics
Market cap	HK$257.45b
Earnings (TTM)	HK$35.77b
Revenue (TTM)	HK$62.75b

7.2x

P/E Ratio

0.8x

P/B Ratio

Is 2388 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2388 income statement (TTM)
Revenue	HK$62.75b
Cost of Revenue	HK$0
Gross Profit	HK$62.75b
Other Expenses	HK$26.98b
Earnings	HK$35.77b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	3.38
Gross Margin	100.00%
Net Profit Margin	57.00%
Debt/Equity Ratio	42.5%

How did 2388 perform over the long term?

See historical performance and comparison

Dividends

7.0%

Current Dividend Yield

51%

Payout Ratio

2388 Stock Overview

Rewards

Risk Analysis

BOC Hong Kong (Holdings) Limited Competitors

SEHK:998

HK$358.3b

SEHK:11

HK$172.9b

SEHK:1658

HK$540.8b

SEHK:3328

HK$511.0b

Price History & Performance

Recent News & Updates

BOC Hong Kong (Holdings) Limited to Report Q3, 2024 Results on Oct 30, 2024

First half 2024 earnings released: EPS: HK$1.90 (vs HK$1.61 in 1H 2023)

BOC Hong Kong (Holdings) Limited Announces Interim Dividend for the Six Months Ended 30 June 2024, Payable on 27 September 2024

BOC Hong Kong (Holdings) Limited to Report First Half, 2024 Results on Aug 29, 2024

BOC Hong Kong (Holdings) Limited Announces Change of Company Secretary

Upcoming dividend of HK$1.15 per share

Recent updates

BOC Hong Kong (Holdings) Limited to Report Q3, 2024 Results on Oct 30, 2024

First half 2024 earnings released: EPS: HK$1.90 (vs HK$1.61 in 1H 2023)

BOC Hong Kong (Holdings) Limited Announces Interim Dividend for the Six Months Ended 30 June 2024, Payable on 27 September 2024

BOC Hong Kong (Holdings) Limited to Report First Half, 2024 Results on Aug 29, 2024

BOC Hong Kong (Holdings) Limited Announces Change of Company Secretary

Upcoming dividend of HK$1.15 per share

BOC Hong Kong (Holdings) Limited to Report Q1, 2024 Results on Apr 29, 2024

BOC Hong Kong (Holdings) Limited, Annual General Meeting, Jun 27, 2024

Full year 2023 earnings released: EPS: HK$3.10 (vs HK$2.56 in FY 2022)

BOC Hong Kong (Holdings) Limited to Report Fiscal Year 2023 Results on Mar 28, 2024

BOC Hong Kong (Holdings) Limited and Bank of China (Hong Kong) Limited Appoint MA Si Hang Frederick as Independent Non-Executive Director and Member of Board Committees

BOC Hong Kong (Holdings) Limited to Report Q3, 2023 Results on Oct 30, 2023

Upcoming dividend of HK$0.53 per share at 6.4% yield

First half 2023 earnings released: EPS: HK$1.61 (vs HK$1.19 in 1H 2022)

BOC Hong Kong (Holdings) Limited Announces an Interim Dividend for the Six Months Ended 30 June 2023, Payable on 29 September 2023

BOC Hong Kong (Holdings) Limited to Report First Half, 2023 Results on Aug 30, 2023

High number of new directors

BOC Hong Kong (Holdings) Limited and Bank of China (Hong Kong) Limited Announces Executive Changes

Upcoming dividend of HK$0.91 per share at 5.7% yield

Full year 2022 earnings released: EPS: HK$2.56 (vs HK$2.17 in FY 2021)

BOC Hong Kong (Holdings) Limited to Report Q3, 2022 Results on Oct 28, 2022

BOC Hong Kong (Holdings) Limited and Bank of China (Hong Kong) Limited Appoint Mr. Lee Sunny Wai Kwong as Independent Non-Executive Director, A Member of Each of Audit Committee, Risk Committee, Strategy and Budget Committee as Well as Sustainability Committee

Upcoming dividend of HK$0.45 per share

First half 2022 earnings released: EPS: HK$1.27 (vs HK$1.19 in 1H 2021)

Boc Hong Kong (Holdings) Limited Declares Interim Dividend for the Six Months Ended 30 June 2022, Payable on 30 September 2022

BOC Hong Kong (Holdings) Limited to Report First Half, 2022 Results on Aug 30, 2022

BOC Hong Kong (Holdings) Limited Approves Final Dividend for the Year Ended 31 December 2021

Upcoming dividend of HK$0.68 per share

Less than half of directors are independent

BOC Hong Kong (Holdings) Limited to Report Q1, 2022 Results on Apr 29, 2022

Full year 2021 earnings released: EPS: HK$2.17 (vs HK$2.51 in FY 2020)

BOC Hong Kong (Holdings) Limited, Annual General Meeting, Jun 29, 2022

BOC Hong Kong (Holdings) Limited Announces Dividend for the Year Ended December 31, 2021, Payable on 15 July 2022

Boc Hong Kong (Holdings) Limited Appoints Madam Fung Yuen Mei Anita as Independent Non-Executive Director

Upcoming dividend of HK$0.45 per share

First half 2021 earnings released: EPS HK$1.19 (vs HK$1.44 in 1H 2020)

BOC Hong Kong (Holdings) Limited Declares Final Dividend for the Year Ended 31 December 2020

Upcoming dividend of HK$0.80 per share

Full year 2020 earnings released: EPS HK$2.51 (vs HK$3.04 in FY 2019)

BOC Hong Kong (Holdings) Limited to Report Fiscal Year 2020 Results on Mar 30, 2021

New 90-day high: HK$26.05

Vice Chairman Jiang Wang has left the company

BOC Hong Kong (Holdings) Limited Announces Resignation of Wang Jiang as Vice Chairman, Non-Executive Director, Member of Each of the Nomination and Remuneration Committee

BOC Hong Kong (Holdings) Limited Announces Re-Designation of Sun Yu from Non-Executive Director to Vice Chairman

New 90-day high: HK$22.80

New 90-day low: HK$21.10

First half earnings released

BOC Hong Kong (Holdings) Limited to Report First Half, 2020 Results on Aug 30, 2020

New 90-day low - HK$21.15