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1 Comment
Bank of Beijing Co., Ltd is currently in a long term uptrend where the price is trading 1.5% above its 200 day moving average.
From a valuation standpoint, the stock is 77.7% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 1.7.
Bank of Beijing Co., Ltd's total revenue sank by 2.0% to $15B since the same quarter in the previous year.
Its net income has dropped by 3.0% to $5B since the same quarter in the previous year.
Finally, its free cash flow grew by 7.6% to $-37B since the same quarter in the previous year.
Based on the above factors, Bank of Beijing Co., Ltd gets an overall score of 3/5.
Exchange | SHG |
---|---|
CurrencyCode | CNY |
ISIN | CNE100000734 |
Sector | Financial Services |
Industry | Banks - Regional |
Target Price | 5.96 |
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PE Ratio | 5.79 |
Market Cap | 131B |
Beta | 0.18 |
Dividend Yield | None |
Bank of Beijing Co., Ltd. provides various banking services to personal and corporate customers in China. The company accepts personal and corporate foreign exchange deposits. It offers personal housing, Jing e, personal consumption, and individual operation loans; debit cards; easy payment, safe deposit, and outbound finance services; investment and finanacing services; and integrated financial service solution, including service to cardholders of labor union mutual aid card, Aixintong salary processing service for enterprise and employee side, and Jingying plan financial services for children, consisting of Xiaojing lucky money, Xiaoing card, Xiaoing children baby plan, and Jingmiao club. In addition, it provides deposit and loan business, and account settlement corporate finance; scenario-based down payment, cash management, and trade finance; and cross-border remittance, foreign exchange settlement and derivatives, international settlement, financing and loan for international trade, international guarantee, FT business services. Further, the company offers corporate investment banking solutions comprising domestic RMB syndicated loan, foreign-related syndicated loan, M&A loan, financial consultancy, underwriting of debt financing instrument from non-financial enterprise, creation of credit risk mitigation warrant, underwriting of financial bonds, debt financing plans, and direct financing tool for wealth management, and publicly offered REITs; and institutional services, such as social security medical treatment, and education services, as well as provides corporate online and mobile banking, open bank, and WeChat bank services. The company was founded in 1996 and is headquartered in Xicheng District, China.
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