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China Zheshang Bank Co., Ltd is currently in a long term uptrend where the price is trading 6.7% above its 200 day moving average.
From a valuation standpoint, the stock is 91.2% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 1.3.
Its net income has increased by 128.1% to $12B since the same quarter in the previous year.
Finally, its free cash flow fell by 759.9% to $-266B since the same quarter in the previous year.
Based on the above factors, China Zheshang Bank Co., Ltd gets an overall score of 3/5.
Exchange | HK |
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CurrencyCode | HKD |
ISIN | CNE1000025S9 |
Sector | Financial Services |
Industry | Banks - Regional |
Beta | 0.51 |
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Market Cap | 89B |
PE Ratio | 4.84 |
Target Price | 3.164 |
Dividend Yield | 6.8% |
China Zheshang Bank Co., Ltd. provides various commercial banking products and services in Mainland China. It operates through Corporate Banking, Retail Banking, and Treasury Business segments. The Corporate Banking segment offers a range of financial products and services, such as corporate loans and advances, trade financing services, corporate deposit products, credit commitments and financial guarantees, debt instruments underwriting services, and various types of bank intermediary services to corporations, government agencies, and other institutions. The Retail Banking segment provides personal loans and advances, personal deposit products, wealth management services, cards, and other retail banking services for individual customers. The Treasury Operations segment offers money market and repurchase transactions, debt instruments investments, equity instrument investments, financial derivatives business for proprietary trading or on behalf of customers, and financial products and services, as well as issues debt securities. The company was incorporated in 1993 and is headquartered in Hangzhou, China.
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