-
1 Comment
Bank of Chongqing Co., Ltd is currently in a long term uptrend where the price is trading 3.0% above its 200 day moving average.
From a valuation standpoint, the stock is 92.6% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 1.1.
Bank of Chongqing Co., Ltd's total revenue sank by 0.0% to $5B since the same quarter in the previous year.
Its net income has increased by 808.2% to $4B since the same quarter in the previous year.
Finally, its free cash flow fell by 131.1% to $-26B since the same quarter in the previous year.
Based on the above factors, Bank of Chongqing Co., Ltd gets an overall score of 3/5.
| Industry | Banks-Regional |
|---|---|
| Sector | Financial Services |
| ISIN | CNE100001QN2 |
| CurrencyCode | HKD |
| Exchange | HK |
| Market Cap | 22B |
|---|---|
| Dividend Yield | 10.% |
| PE Ratio | 3.41 |
| Beta | 0.65 |
| Target Price | 4.72 |
Bank of Chongqing Co., Ltd. provides various banking and related financial services for corporate and individual customers in the People's Republic of China. It operates through three segments: Corporate Banking, Retail Banking, and Treasury. The company offers various deposit products and loans; inter-bank lending and borrowing, bonds investment, re-purchasing, and foreign currency transactions; and telephone, mobile, and online and direct banking services, as well as settlement services, financial leasing, and other services. It operates sub-units, including a business department, a small enterprise loan center, primary branches, self-service banking centers, and intelligent teller machines covering districts and counties of Chongqing, as well as provinces in western China. The company was formerly known as Commercial Bank of Chongqing Co., Ltd. and changed its name to Bank of Chongqing Co., Ltd. in August 2007. Bank of Chongqing Co., Ltd. was incorporated in 1996 and is headquartered in Chongqing, the People's Republic of China.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for 1963.HK 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
