-
1 Comment
Ping An Bank Co., Ltd is currently in a long term uptrend where the price is trading 7.4% above its 200 day moving average.
From a valuation standpoint, the stock is 62.0% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 2.9.
Ping An Bank Co., Ltd's total revenue rose by 5.6% to $37B since the same quarter in the previous year.
Its net income has increased by 42.8% to $7B since the same quarter in the previous year.
Finally, its free cash flow grew by 61.4% to $-49B since the same quarter in the previous year.
Based on the above factors, Ping An Bank Co., Ltd gets an overall score of 5/5.
CurrencyCode | CNY |
---|---|
Exchange | SHE |
Sector | Financial Services |
Industry | Banks-Regional |
ISIN | CNE000000040 |
Target Price | 17.41 |
---|---|
Beta | 1.1 |
Dividend Yield | 1.7% |
PE Ratio | 5.71 |
Market Cap | 244B |
Ping An Bank Co., Ltd. provides commercial banking products and services for individual customers, corporate customers, government organizations and banks, and other small enterprises in the People's Republic of China. The company operates through three segments: Wholesale Banking Business, Retail Banking Business, and Other Businesses. The company accepts deposits; issues short, medium, and long-term loans; and offers domestic and foreign settlements, and bill acceptance and discounting services. It also engages in the issuance of financial bonds; agency of issuing, cashing, and underwriting government bonds; trading of government bonds and financial bonds; and interbank lending and borrowing activities. In addition, the company is involved in the trading of foreign exchange as an agent; and provision letter of credit, guarantee, safe deposit box, foreign exchange settlement and sale, off-shore banking, assets custody, gold, financial advisory, credit investigation, consultation, collection and payment agency, insurance agency, and witness services, as well as bank cards. Further, it engages in the other businesses. Ping An Bank Co., Ltd. was founded in 1987 and is headquartered in Shenzhen, the People's Republic of China.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for 000001.SHE using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2024