3866 logo

Bank of Qingdao SHSC:3866 Stock Report

Last Price

HK$2.71

Market Cap

HK$20.3b

7D

0%

1Y

39.0%

Updated

23 Dec, 2024

Data

Company Financials +

Bank of Qingdao Co., Ltd.

SHSC:3866 Stock Report

Market Cap: HK$20.3b

3866 Stock Overview

Provides various banking products and services in the People’s Republic of China. More details

3866 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance5/6
Financial Health6/6
Dividends2/6

Rewards

Trading at 59.2% below our estimate of its fair value

Earnings are forecast to grow 12.86% per year

Earnings grew by 19.6% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Unstable dividend track record


My Notes

Capture your thoughts, links and company narrative

Bank of Qingdao Co., Ltd. Competitors

Weihai City Commercial Bank

SEHK:9677

HK$17.3b

Bank of Guizhou

SEHK:6199

HK$18.1b

Bank of Chongqing

SEHK:1963

HK$28.2b

Dongguan Rural Commercial Bank

SEHK:9889

HK$26.2b

Price History & Performance

Summary of share price highs, lows and changes for Bank of Qingdao
Historical stock prices
Current Share PriceHK$2.71
52 Week HighHK$3.09
52 Week LowHK$1.82
Beta0.58
1 Month Change2.26%
3 Month Change15.81%
1 Year Change38.97%
3 Year Change-40.31%
5 Year Changen/a
Change since IPO-43.31%

Recent News & Updates

Recent updates

Shareholder Returns

3866HK BanksHK Market
7D0%0.6%-0.5%
1Y39.0%31.0%19.9%

Return vs Industry: 3866 exceeded the Hong Kong Banks industry which returned 31% over the past year.

Return vs Market: 3866 exceeded the Hong Kong Market which returned 19.9% over the past year.

Price Volatility

Is 3866's price volatile compared to industry and market?
3866 volatility
3866 Average Weekly Movement5.8%
Banks Industry Average Movement5.5%
Market Average Movement8.8%
10% most volatile stocks in HK Market18.6%
10% least volatile stocks in HK Market4.1%

Stable Share Price: 3866 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 3866's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19965,100Xianming Wuwww.qdccb.com

Bank of Qingdao Co., Ltd. provides various banking products and services in the People’s Republic of China. The company operates through three segments: Retail Banking, Corporate Banking, and Financial Market Business. It provides deposits products; retail, corporate, and personal loans; discounted bills; short, mid, and long-term loans; domestic and overseas settlement products, as well as acceptance, discounting, and inter-bank discounting of notes; and financial bonds, as well as engages in issuing, cash-in, and underwriting government and financial bonds as agent and bank card business.

Bank of Qingdao Co., Ltd. Fundamentals Summary

How do Bank of Qingdao's earnings and revenue compare to its market cap?
3866 fundamental statistics
Market capHK$20.27b
Earnings (TTM)HK$3.78b
Revenue (TTM)HK$9.78b

4.2x

P/E Ratio

0.3x

P/B Ratio

Is 3866 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
3866 income statement (TTM)
RevenueCN¥9.17b
Cost of RevenueCN¥128.47m
Gross ProfitCN¥9.05b
Other ExpensesCN¥5.50b
EarningsCN¥3.55b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.61
Gross Margin98.60%
Net Profit Margin38.68%
Debt/Equity Ratio375.5%

How did 3866 perform over the long term?

See historical performance and comparison

Dividends

6.2%

Current Dividend Yield

25%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 08:50
End of Day Share Price 2024/12/20 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 Qingdao Co., Ltd. is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wen DingChina Galaxy Securities Co., Ltd.
Tiantian DaiChina Merchants Securities Co. Ltd.
Feifei XiaoCitic Securities Co., Ltd.