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Qingdao Rural Commercial Bank Corporation is currently in a long term downtrend where the price is trading 12.5% below its 200 day moving average.
From a valuation standpoint, the stock is 64.6% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 2.7.
Qingdao Rural Commercial Bank Corporation's total revenue sank by 10.8% to $2B since the same quarter in the previous year.
Its net income has increased by 5.1% to $989M since the same quarter in the previous year.
Finally, its free cash flow grew by 4962.0% to $9B since the same quarter in the previous year.
Based on the above factors, Qingdao Rural Commercial Bank Corporation gets an overall score of 3/5.
| ISIN | CNE100003JQ6 |
|---|---|
| Exchange | SHE |
| CurrencyCode | CNY |
| Sector | Financial Services |
| Industry | Banks - Regional |
| Target Price | 4.82 |
|---|---|
| Dividend Yield | 3.0% |
| Beta | 0.62 |
| Market Cap | 19B |
| PE Ratio | 7.81 |
Qingdao Rural Commercial Bank Co., Ltd. provides various banking products and services in China. The company accepts deposits; offers loans, settlements, bill acceptance and discounting, letter of credit and guarantees, foreign exchange credit, and consulting and witnessing services. It also acts as an insurance agency; and underwrites government bonds and financial bonds. In addition, the company engages in the interbank lending of RMB and foreign currencies, and bank card business. Qingdao Rural Commercial Bank Co., Ltd. was founded in 1951 and is headquartered in Qingdao, China.
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