-
1 Comment
Huishang Bank Corporation Limited is currently in a long term uptrend where the price is trading 0.6% above its 200 day moving average.
From a valuation standpoint, the stock is 94.6% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 0.8.
Its net income has dropped by 11.8% to $4B since the same quarter in the previous year.
Finally, its free cash flow grew by 114.5% to $3B since the same quarter in the previous year.
Based on the above factors, Huishang Bank Corporation Limited gets an overall score of 3/5.
| Sector | Financial Services |
|---|---|
| Industry | Banks - Regional |
| Exchange | HK |
| CurrencyCode | HKD |
| ISIN | CNE100001QP7 |
| Beta | 0.02 |
|---|---|
| Market Cap | 41B |
| PE Ratio | 2.59 |
| Target Price | 2.2265 |
| Dividend Yield | 5.4% |
Huishang Bank Corporation Limited, together with its subsidiaries, provides various commercial banking products and services in Anhui, Jiangsu, and internationally. The company operates through four segments: Corporate Banking Business, Retail Banking Business, Treasury, and Others. It offers current accounts, deposits, overdrafts, loans, trade related products and other credit facilities, foreign currency, and wealth management products to corporate customers, government authorities, and financial institutions. The company also provides savings deposits, personal loans and advances, credit and debit cards, payments and settlements, wealth management products and funds, and insurance agency services to retail customers. In addition, it conducts securities investment, money market, and repurchase transactions; and offers online and mobile banking services. Further, the company provides Renminbi and foreign currency deposits; and clearing and settlement, asset custody and management, and finance leasing services. Huishang Bank Corporation Limited was formerly known as Hefei Commercial Bank Co., Ltd. and changed its name to Huishang Bank Corporation Limited in November 2005. The company was incorporated in 1997 and is headquartered in Hefei, China.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for 3698.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 2025
