Postal Savings Bank of China (SZSC:1658) - Stock Price, News & Analysis

1658 Stock Overview

Postal Savings Bank of China Co., Ltd., together with its subsidiaries, provides various banking products and services for retail and corporate customers in the People’s Republic of China.

About the company

1658 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	2/6
Past Performance	2/6
Financial Health	6/6
Dividends	3/6

Rewards

Trading at 68.4% below our estimate of its fair value

Earnings are forecast to grow 6.93% per year

Earnings have grown 10.1% per year over the past 5 years

Risk Analysis

Unstable dividend track record

Postal Savings Bank of China Co., Ltd. Competitors

Bank of Communications

SEHK:3328

HK$482.1b

China CITIC Bank

SEHK:998

HK$356.6b

BOC Hong Kong (Holdings)

SEHK:2388

HK$245.8b

China Construction Bank

SEHK:939

HK$1.3t

Price History & Performance

Summary of all time highs, changes and price drops for Postal Savings Bank of China
Historical stock prices
Current Share Price	HK$4.08
52 Week High	HK$5.59
52 Week Low	HK$3.35
Beta	0.38
1 Month Change	0%
3 Month Change	7.65%
1 Year Change	-19.53%
3 Year Change	-21.54%
5 Year Change	-14.47%
Change since IPO	-5.12%

Recent updates

Shareholder Returns

	1658	HK Banks	HK Market
7D	2.8%	3.9%	2.3%
1Y	-19.5%	-0.7%	-10.9%

Return vs Industry: 1658 underperformed the Hong Kong Banks industry which returned -0.7% over the past year.

Return vs Market: 1658 underperformed the Hong Kong Market which returned -10.9% over the past year.

Price Volatility

Is 1658's price volatile compared to industry and market?
1658 volatility
1658 Average Weekly Movement	3.5%
Banks Industry Average Movement	3.2%
Market Average Movement	7.4%
10% most volatile stocks in HK Market	14.5%
10% least volatile stocks in HK Market	3.7%

Stable Share Price: 1658 has not had significant price volatility in the past 3 months.

Volatility Over Time: 1658's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2007	181,964	Jianjun Liu	www.psbc.com

Postal Savings Bank of China Co., Ltd., together with its subsidiaries, provides various banking products and services for retail and corporate customers in the People’s Republic of China. It offers demand, time, personal call, time/demand optional, call, negotiated, and foreign currency deposits, as well as passbooks and certificate of deposits; micro and personal pledged, and personal business loans; business easy mix, agriculture aid plus, domestic remittance and exchange, payment and collection agency, check, promissory notes, bank and commercial draft, remittance, consignment collection, and collection with acceptance settlement services; debit and credit cards; cross-border remittance, personal exchange settlement and sale, and foreign currency exchange and deposit services; personal housing, auto, car, consumer, and personal education loans; wealth management products and funds; and insurance agency services. The company also provides pledge, syndicated, land reserve, town rebuild, commercial property mortgage, real estate development, fixed asset, project, and consignment loans; cash management services; negotiable instruments; trade finance and custody services; financial markets services; and SME operating index and corporate online banking services.

Postal Savings Bank of China Co., Ltd. Fundamentals Summary

How do Postal Savings Bank of China's earnings and revenue compare to its market cap?
1658 fundamental statistics
Market cap	HK$497.03b
Earnings (TTM)	HK$87.53b
Revenue (TTM)	HK$342.47b

4.6x

P/E Ratio

0.4x

P/B Ratio

Is 1658 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1658 income statement (TTM)
Revenue	CN¥316.75b
Cost of Revenue	CN¥0
Gross Profit	CN¥316.75b
Other Expenses	CN¥235.79b
Earnings	CN¥80.95b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 29, 2024

Earnings per share (EPS)	0.82
Gross Margin	100.00%
Net Profit Margin	25.56%
Debt/Equity Ratio	66.1%

How did 1658 perform over the long term?

See historical performance and comparison

Dividends

7.0%

Current Dividend Yield

31%

Payout Ratio

Does 1658 pay a reliable dividends?

See 1658 dividend history and benchmarks

When do you need to buy 1658 by to receive an upcoming dividend?
Postal Savings Bank of China dividend dates
Ex Dividend Date	Jul 03 2024
Dividend Pay Date	Aug 08 2024
Days until Ex dividend	69 days
Days until Dividend pay date	105 days

Does 1658 pay a reliable dividends?

See 1658 dividend history and benchmarks

1658 Stock Overview

Rewards

Risk Analysis

Postal Savings Bank of China Co., Ltd. Competitors

SEHK:3328

HK$482.1b

SEHK:998

HK$356.6b

SEHK:2388

HK$245.8b

SEHK:939

HK$1.3t

Price History & Performance

Recent News & Updates

Dividend of CN¥0.26 announced

Postal Savings Bank of China Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024

Full year 2023 earnings released

Postal Savings Bank of China Co., Ltd. Proposes Final Dividends for the Year Ended 31 December 2023, Payable on 08 August 2024

Postal Savings Bank of China Co., Ltd. Appoints Huang Jie as Member of the Strategic Planning Committee and Member of the Audit Committee of the Board of Directors

Postal Savings Bank of China Co., Ltd. to Report Fiscal Year 2023 Results on Mar 29, 2024

Recent updates

Dividend of CN¥0.26 announced

Postal Savings Bank of China Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024

Full year 2023 earnings released

Postal Savings Bank of China Co., Ltd. Proposes Final Dividends for the Year Ended 31 December 2023, Payable on 08 August 2024

Postal Savings Bank of China Co., Ltd. Appoints Huang Jie as Member of the Strategic Planning Committee and Member of the Audit Committee of the Board of Directors

Postal Savings Bank of China Co., Ltd. to Report Fiscal Year 2023 Results on Mar 29, 2024

Third quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.29 in 3Q 2022)

Postal Savings Bank of China Co., Ltd. to Report Q3, 2023 Results on Oct 28, 2023

Second quarter 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.17 in 2Q 2022)

Postal Savings Bank of China Co., Ltd. Approves Dividend for the Year Ended December 31, 2023, Payable on July 13, 2023 to A Share Holders and on August 10, 2023 to H Share Holders

Postal Savings Bank of China Co., Ltd. to Report First Half, 2023 Results on Aug 31, 2023

Upcoming dividend of CN¥0.26 per share at 5.7% yield

Postal Savings Bank of China Co., Ltd., Annual General Meeting, Jun 30, 2023

Postal Savings Bank of China Co., Ltd. Announces Resignation of Bu Dongsheng as an Employee Supervisor and A Member of the Finance and Internal Control Risk Supervision Committee

Full year 2022 earnings released: EPS: CN¥0.85 (vs CN¥0.78 in FY 2021)

Postal Savings Bank of China Co., Ltd. Announces Changes in Members of Board Committees

Postal Savings Bank of China Co., Ltd. announced that it expects to receive CNY 45 billion in funding

Third quarter 2022 earnings released

Second quarter 2022 earnings released: EPS: CN¥0.24 (vs CN¥0.17 in 2Q 2021)

Postal Savings Bank of China Co., Ltd. Announces Final Dividend for the Year Ended 31 December 2021, Payable on 10 August 2022

Upcoming dividend of CN¥0.25 per share

Postal Savings Bank of China Co., Ltd., Annual General Meeting, Jun 28, 2022

Postal Savings Bank of China Co., Ltd. Announces Resignation of Wu Yu as External Supervisor, the Chairman and a Member of the Finance and Internal Control Risk Supervision Committee of Board of Supervisors

Full year 2021 earnings released: EPS: CN¥0.78 (vs CN¥0.71 in FY 2020)

Postal Savings Bank of China Co., Ltd. Announces Resignation of Zhang Jinliang as Chairman and Non-Executive Director

Postal Savings Bank of China Co., Ltd. Announces Final Ordinary Dividend for the Year Ending 31 December 2021, Payable on 10 August 2022

Third quarter 2021 earnings released

Second quarter 2021 earnings released: EPS CN¥0.21 (vs CN¥0.14 in 2Q 2020)

Upcoming dividend of CN¥0.21 per share

Employee Representative Supervisor Changlin Song has left the company

First quarter 2021 earnings released: EPS CN¥0.24 (vs CN¥0.23 in 1Q 2020)

Full year 2020 earnings released: EPS CN¥0.74 (vs CN¥0.72 in FY 2019)

Postal Savings Bank of China Co., Ltd. to Report Fiscal Year 2020 Results on Mar 30, 2021

New 90-day high: HK$6.21

Non-Executive Director has left the company

Postal Savings Bank of China Co., Ltd. Announces Resignation of Liu Yaogong as Non-Executive Director, Member of Audit Committee, and Member of Risk Management Committee

New 90-day high: HK$5.54

Investor sentiment improved over the past week

New 90-day high: HK$4.70

Postal Savings Bank of China Co., Ltd. Announces Executive Changes

Postal Savings Bank of China Co., Ltd. announced that it expects to receive CNY 30 billion in funding from China Post Group Corporation

New 90-day high: HK$4.32

Third quarter earnings released

Market bids up stock over the past week

Postal Savings Bank of China Co., Ltd. to Report Nine Months, 2020 Results on Oct 29, 2020

Postal Savings Bank of China Co., Ltd. announced that it expects to receive CNY 5.95 billion in funding

New 90-day low - HK$3.49

First half earnings released

New 90-day low - HK$4.23

Postal Savings Bank of China Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020