-
1 Comment
Jilin Jiutai Rural Commercial Bank Corporation Limited is currently in a long term downtrend where the price is trading 5.8% below its 200 day moving average.
From a valuation standpoint, the stock is 87.2% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 1.9.
Its net income has increased by 29.5% to $761M since the same quarter in the previous year.
Finally, its free cash flow grew by 11.7% to $8B since the same quarter in the previous year.
Based on the above factors, Jilin Jiutai Rural Commercial Bank Corporation Limited gets an overall score of 3/5.
| Industry | Banks-Regional |
|---|---|
| Exchange | HK |
| CurrencyCode | HKD |
| ISIN | CNE100002BG6 |
| Sector | Financial Services |
| PE Ratio | 6.84 |
|---|---|
| Beta | -0.02 |
| Market Cap | 11B |
| Target Price | None |
| Dividend Yield | 0.0% |
Jilin Jiutai Rural Commercial Bank Corporation Limited provides commercial banking and related financial services to personal, corporate, and small business customers in China. The company operates through three segments: Corporate Banking, Retail Banking, and Treasury Operations. It offers savings and personal notice, time, and corporate deposits, as well as current accounts and certificates of deposit. The company also provides brand class, agriculture, consumer, and other loans; corporate credit products, such as general, equipment, inventory mortgage, land reclamation, operational real estate mortgage, intellectual property pledge, and pledge loans; and loans for micro-enterprises, as well as loans for water conservancy construction projects and inland order form financing services. In addition, it offers guarantee, trade finance, and notes discounted products; insurance products; private banking services; financing steward services; asset financing products; finance leasing services; foreign exchange services; agency, consulting and advisory, remittance and settlement, bank card, and personal wealth management services; and e-banking services, as well as trades in debt securities. Jilin Jiutai Rural Commercial Bank Corporation Limited was incorporated in 2008 and is based in Changchun, China.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for 6122.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 2024
