About
About Huishang Bank Corporation Limited
Huishang Bank Corporation Limited, together with its subsidiaries, provides various commercial banking products and services in Anhui, Jiangsu, and internationally. It operates through four segments: Corporate Banking Business, Retail Banking Business, Treasury, and Others. The company 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. It also provides savings deposits, retail loans, credit and debit cards, payments and settlements, wealth management products, and various other intermediary businesses to individual customers. In addition, the company conducts securities investment, money market, and repurchase transactions; and offers online and mobile banking services. Further, it provides Renminbi and foreign currency deposits; and clearing and settlement, asset custody and management, and finance leasing services. The company was formerly known as Hefei Commercial Bank Co., Ltd. and changed its name to Huishang Bank Corporation Limited in November 2005. Huishang Bank Corporation Limited was incorporated in 1997 and is headquartered in Hefei, China.
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5 years, 5 months ago
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.