Financials Bank of Tianjin Co., Ltd.

Equities

1578

CNE100002623

Banks

Market Closed - Hong Kong S.E. 04:09:00 2024-05-03 am EDT 5-day change 1st Jan Change
1.66 HKD -1.78% Intraday chart for Bank of Tianjin Co., Ltd. -1.78% -7.78%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 27,878 17,849 15,481 10,635 10,294 9,932
Enterprise Value (EV) 1 214,975 126,481 136,558 137,169 131,970 120,261
P/E ratio 6.67 x 3.92 x 3.59 x 3.33 x 2.89 x 2.64 x
Yield 3.92% 6.12% - - - 7.33%
Capitalization / Revenue 3.22 x 1.9 x 1.73 x 1.36 x 1.25 x 1.14 x
EV / Revenue 24.8 x 13.4 x 15.2 x 17.5 x 16 x 13.8 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 0.59 x 0.35 x 0.29 x 0.19 x 0.17 x 0.15 x
Nbr of stocks (in thousands) 6,070,552 6,070,552 6,070,552 6,070,552 6,070,552 6,070,552
Reference price 2 4.592 2.940 2.550 1.752 1.696 1.636
Announcement Date 4/18/19 4/16/20 4/19/21 4/22/22 3/30/23 3/20/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 8,656 9,418 8,966 7,842 8,234 8,686
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 5,218 5,633 5,035 3,442 3,810 3,920
Net income 1 4,181 4,548 4,308 3,196 3,565 3,760
Net margin 48.3% 48.29% 48.04% 40.76% 43.3% 43.29%
EPS 2 0.6888 0.7492 0.7096 0.5265 0.5873 0.6194
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 0.1800 0.1800 - - - 0.1200
Announcement Date 4/18/19 4/16/20 4/19/21 4/22/22 3/30/23 3/20/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 187,097 108,633 121,077 126,534 121,676 110,329
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 9.15% 9.32% 8.26% 5.77% 6.03% 6%
ROA (Net income/ Total Assets) 0.62% 0.69% 0.64% 0.46% 0.48% 0.47%
Assets 1 672,875 655,705 673,060 699,962 741,003 799,468
Book Value Per Share 2 7.740 8.300 8.750 9.340 9.850 10.60
Cash Flow per Share 2 4.110 5.380 4.130 2.500 3.630 3.400
Capex 1 558 797 884 708 666 493
Capex / Sales 6.45% 8.46% 9.86% 9.03% 8.09% 5.68%
Announcement Date 4/18/19 4/16/20 4/19/21 4/22/22 3/30/23 3/20/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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