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Chongqing Rural Commercial Bank Co., Ltd is currently in a long term downtrend where the price is trading 6.0% below its 200 day moving average.
From a valuation standpoint, the stock is 91.9% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 1.2.
Chongqing Rural Commercial Bank Co., Ltd's total revenue rose by 427.1% to $6B since the same quarter in the previous year.
Its net income has increased by 109.6% to $8B since the same quarter in the previous year.
Finally, its free cash flow fell by 544.4% to $-102B since the same quarter in the previous year.
Based on the above factors, Chongqing Rural Commercial Bank Co., Ltd gets an overall score of 3/5.
| ISIN | CNE100000X44 |
|---|---|
| Sector | Financial Services |
| Industry | Banks - Regional |
| Exchange | HK |
| CurrencyCode | HKD |
| Beta | 0.29 |
|---|---|
| Target Price | 6.0349 |
| Dividend Yield | 10.% |
| PE Ratio | 6.08 |
| Market Cap | 86B |
Chongqing Rural Commercial Bank Co., Ltd., together with its subsidiaries, provides banking services in the People's Republic of China. It operates through Corporate Banking, Personal Banking, and Financial Market Business segments. The Corporate Banking segment offers current accounts, deposits, overdrafts, loans, and trade-related products, as well as engages in foreign currency and other credit services to corporates, government agencies, and financial institutions. The Personal Banking segment provides personal loans, deposit products, cards, personal wealth management services, and other types of personal intermediary services to individual customers. The Financial Market Business segment engages in money market or repurchase transaction services. It operates branches, including the head office and the business department, branches, first-class sub-branches, second-class sub-branches, branch offices, community sub-branches, and village and township banks, as well as ATMs, multimedia inquiry machines, smart integrated counters, and rural convenience financial self-service points. The company was formerly known as Chongqing Rural Credit Union and changed its name to Chongqing Rural Commercial Bank Co., Ltd., in June 2008. Chongqing Rural Commercial Bank Co., Ltd. was founded in 1951 and is based in Chongqing, China.
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