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1 Comment
Bank of Communications Co., Ltd is currently in a long term uptrend where the price is trading 4.3% above its 200 day moving average.
From a valuation standpoint, the stock is 79.1% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 1.6.
Bank of Communications Co., Ltd's total revenue rose by 8.6% to $61B since the same quarter in the previous year.
Its net income has increased by 49.2% to $26B since the same quarter in the previous year.
Finally, its free cash flow grew by 1410.9% to $759B since the same quarter in the previous year.
Based on the above factors, Bank of Communications Co., Ltd gets an overall score of 5/5.
Sector | Financial Services |
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ISIN | CNE1000000S2 |
CurrencyCode | CNY |
Exchange | SHG |
Industry | Banks-Diversified |
Dividend Yield | 6.7% |
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Beta | 0.4 |
Market Cap | 363B |
Target Price | 5.12 |
PE Ratio | 4.65 |
Bank of Communications Co., Ltd. provides commercial banking products and services. The company operates through four business segments: Corporate Banking, Personal Banking, Treasury Businesses, and Other Businesses. It offers personal banking products and services, including savings deposit products, personal certificate of deposits, foreign currency deposit, and salary financing A products; mortgage and unsecured loans; bank cards; airport and personal wealth management advisor services; and physical precious metals, and structured deposits and wealth management products, as well as precious metal and commodity trading services. The company also provides corporate banking products and services comprising structured deposits and corporate certificate of deposits; syndicated loans and corporation overdraft services; wealth management services; investment banking and offshore banking services; corporate cash management and industrial chain financing services; structured deposits and wealth management products; and precious metal leasing, and precious metal and commodity trading services. In addition, it offers international banking services, such as corporate forex wealth management, document settlement, remittance and bill, and trade finance services; and interbank financing services. Further, the company provides financial leasing, trust investment, fund management, life insurance, securities dealing and brokerage, general insurance and reinsurance, debt-to-equity swaps, and financial products issuing and financial consulting services. It operates branches in Mainland China; and overseas branches and representative offices in various countries and regions with overseas operating outlets. The company was founded in 1908 and is headquartered in Shanghai, the People's Republic of China.
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