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1 Comment
BOC Hong Kong (Holdings) Limited is currently in a long term uptrend where the price is trading 4.8% above its 200 day moving average.
From a valuation standpoint, the stock is 91.7% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 3.7.
BOC Hong Kong (Holdings) Limited's total revenue sank by 0.0% to $14B since the same quarter in the previous year.
Its net income has dropped by 0.0% to $8B since the same quarter in the previous year.
Finally, its free cash flow fell by 184.9% to $-15B since the same quarter in the previous year.
Based on the above factors, BOC Hong Kong (Holdings) Limited gets an overall score of 2/5.
ISIN | HK2388011192 |
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Industry | Banks-Regional |
Sector | Financial Services |
CurrencyCode | EUR |
Exchange | F |
Dividend Yield | 5.8% |
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Beta | 0.68 |
Target Price | None |
PE Ratio | 9.55 |
Market Cap | 31B |
BOC Hong Kong (Holdings) Limited, an investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, China, and internationally. The company operates through four segments: Personal Banking, Corporate Banking, Treasury, and Insurance. It offers savings, current, and time deposit accounts; mortgage plans; corporate deposits, and payroll and e-cheques services. The company also offers cross-border financial and remittance services; and securities, funds, foreign exchange services, precious metals and FX margin services, currency linked investments, bonds, market information services, monthly savings plans, and structured products, as well as business and personal loans. In addition, it provides business and accident protection, medical, travel and leisure, family protection, RMB, and personal life insurance products; and credit cards. Further, the company offers safe deposit box, e-bill, and payment services; personal and corporate RMB, and RMB clearing bank services; business comprehensive, property, liability, group, and retailer comprehensive insurance plans; small business, asset-pledge, and syndicated loans; accounts receivable, machinery and equipment, SME green, and project financing; cross-border services for corporate customers; business banking, trade finance and services, investment, treasury, corporate collection and payment, e-commerce, and card services; and custody and cash management services. Additionally, it provides wealth management and overdraft services; mandatory provident fund schemes; and private and corporate banking services, as well as internet, phone, and mobile banking services; and trade related products and other credit facilities. The company was founded in 1917 and is based in Central, Hong Kong. BOC Hong Kong (Holdings) Limited operates as a subsidiary of BOC Hong Kong (BVI) Limited.
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