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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.
Exchange | SHE |
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CurrencyCode | CNY |
ISIN | CNE000000040 |
Sector | Financial Services |
Industry | Banks - Regional |
Beta | 1.02 |
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Market Cap | 214B |
PE Ratio | 5.22 |
Target Price | 12.9295 |
Dividend Yield | 8.7% |
Ping An Bank Co., Ltd. provides commercial banking products and services for individual and corporate customers, government agencies, institutions, and other small businesses in China and internationally. The company operates through three segments: Wholesale Banking Business, Retail Banking Business, and Other Businesses. The company's deposits and accounts products include accepts deposits; corporate deposits; safe deposit box; and foreign currency deposit. Its loan portfolio comprises of advances of short, medium and long-term loans; corporate loans; and personal loans. In addition, the company offers domestic and overseas settlement, bill acceptance, discounting, interbank lending and borrowing, foreign exchange services; financial bonds; government and financial bond trading services; and bank cards. Further, it is involved in the provision of letter of credit, guarantee, payment collection and insurance, foreign exchange settlement and sale, offshore banking, assets custody, gold, financial advisory, credit investigation, consultation, witness, and other consulting services; and trade financing, corporate intermediary, inter-bank capital, and wealth management related businesses, as well as various personal intermediary businesses. Additionally, the company offers foreign exchange quotation, telephone banking, foreign exchange, outward remittance, offshore trade finance, and international settlement, as well as act as an agency of issuing, cashing, and underwriting government bonds. Ping An Bank Co., Ltd. was founded in 1987 and is headquartered in Shenzhen, China.
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