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1 Comment
Jinshang Bank Co., Ltd is currently in a long term uptrend where the price is trading 0.1% above its 200 day moving average.
From a valuation standpoint, the stock is 89.9% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 1.5.
Its net income has increased by 5.6% to $780M since the same quarter in the previous year.
Finally, its free cash flow fell by 43392.0% to $-1B since the same quarter in the previous year.
Based on the above factors, Jinshang Bank Co., Ltd gets an overall score of 3/5.
| CurrencyCode | HKD |
|---|---|
| Industry | Banks-Regional |
| Sector | Financial Services |
| Exchange | HK |
| ISIN | CNE100003LP4 |
| Dividend Yield | 9.0% |
|---|---|
| Market Cap | 8B |
| Target Price | None |
| PE Ratio | 3.74 |
| Beta | 0.43 |
Jinshang Bank Co., Ltd. provides commercial banking services in Shanxi Province, China. The company operates through Corporate Banking, Retail Banking, and Treasury Business segments. The company offers corporate banking services, including deposits and corporate loans and advances; and trade financing, agency, wealth management, consulting and advisory, remittance and settlement, and guarantee services to corporations, government agencies, and financial institutions. It also provides retail banking products and services, such as personal loans, deposit-taking activities, personal wealth management services, and remittance services to retail customers. In addition, the company engages in treasury business operations; and inter-bank money market transactions, repurchases transactions, investments, bond investment, and trading activities, as well as debt issuance activities. Further, it is involved in investment management business, including debt securities investment; debt securities distribution activities; and underwriting debt financing instruments. Additionally, the company provides special purpose vehicle investments to invest in trust plans, asset management plans, wealth management products, and investment funds. The company was formerly known as Taiyuan City Commercial Bank Co., Ltd. and changed its name to Jinshang Bank Co., Ltd. in December 2008. Jinshang Bank Co., Ltd. was founded in 1998 and is headquartered in Taiyuan, China.
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