Financials Chongqing Rural Commercial Bank Co., Ltd.

Equities

3618

CNE100000X44

Banks

Market Closed - Hong Kong S.E. 04:08:07 2024-05-09 am EDT 5-day change 1st Jan Change
3.42 HKD +0.59% Intraday chart for Chongqing Rural Commercial Bank Co., Ltd. +3.32% +12.87%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 68,175 46,463 39,727 37,096 43,051 48,492 - -
Enterprise Value (EV) 1 68,175 46,463 186,614 37,096 43,051 48,492 48,492 48,492
P/E ratio 3.74 x 3.59 x 2.69 x 2.65 x 2.93 x 3.23 x 3 x 2.81 x
Yield 6.47% 8.35% 11.2% 11.5% 10.5% 9.39% 9.78% 10.6%
Capitalization / Revenue 2.56 x 1.65 x 1.29 x 1.28 x 1.54 x 1.69 x 1.61 x 1.65 x
EV / Revenue 2.56 x 1.65 x 1.29 x 1.28 x 1.54 x 1.69 x 1.61 x 1.65 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.46 x 0.32 x 0.24 x 0.24 x 0.26 x 0.29 x 0.27 x 0.25 x
Nbr of stocks (in thousands) 11,357,000 11,357,000 11,357,000 11,357,000 11,357,000 11,357,000 - -
Reference price 2 3.557 2.660 2.257 2.358 2.754 3.143 3.143 3.143
Announcement Date 3/26/20 3/30/21 3/30/22 3/30/23 3/28/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 26,642 28,186 30,842 28,941 27,956 28,621 30,058 29,421
EBITDA - - - - - - - -
EBIT 1 18,806 10,067 11,193 19,401 12,194 12,141 17,895 17,929
Operating Margin 70.59% 35.72% 36.29% 67.03% 43.62% 42.42% 59.53% 60.94%
Earnings before Tax (EBT) 1 12,233 10,063 11,201 11,560 12,196 12,679 13,650 14,305
Net income 1 9,760 8,401 9,560 10,276 10,902 11,092 11,969 12,764
Net margin 36.63% 29.81% 31% 35.5% 39% 38.75% 39.82% 43.39%
EPS 2 0.9500 0.7400 0.8400 0.8900 0.9400 0.9741 1.048 1.118
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.2300 0.2220 0.2525 0.2714 0.2885 0.2952 0.3074 0.3343
Announcement Date 3/26/20 3/30/21 3/30/22 3/30/23 3/28/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2023 S2 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2024 S2
Net sales 13,372 13,923 14,263 - - - - - - 7,528 - - 13,090 - - 16,116 - - 16,394
EBITDA - - - - - - - - - - - - - - - - - - -
EBIT 8,532 10,114 - - - - - - - - - - - - - - - - -
Operating Margin 63.8% 72.64% - - - - - - - - - - - - - - - - -
Earnings before Tax (EBT) 5,198 6,400 - - - - - - - - - - - - - - - - -
Net income 4,008 5,183 - - - - - - - - - - - - - - - - -
Net margin 29.98% 37.22% - - - - - - - - - - - - - - - - -
EPS 1 0.3700 0.4600 0.2800 0.0700 0.3200 0.2400 0.2400 0.0900 0.3500 - 0.2500 0.0800 - 0.3100 0.2300 - 0.2600 0.2400 -
Dividend per Share - - - - - - - - - - - - - - - - - - -
Announcement Date 3/26/20 8/26/20 3/30/21 3/30/22 4/28/22 8/25/22 10/28/22 3/30/23 4/27/23 8/31/23 10/28/23 3/28/24 3/28/24 4/26/24 - - - - -
1CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - 146,887 - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 12.3% 9.24% 9.82% 9.76% 9.55% 9.17% 9.21% 9.23%
ROA (Net income/ Total Assets) 1.01% 0.78% 0.81% 0.8% 0.8% 0.78% 0.76% 0.75%
Assets 1 966,326 1,083,326 1,180,211 1,284,447 1,362,794 1,425,259 1,571,203 1,697,392
Book Value Per Share 2 7.770 8.260 9.240 10.00 10.80 10.90 11.80 12.50
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 3/26/20 3/30/21 3/30/22 3/30/23 3/28/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
3.143 CNY
Average target price
3.136 CNY
Spread / Average Target
-0.23%
Consensus
  1. Stock Market
  2. Equities
  3. 3618 Stock
  4. Financials Chongqing Rural Commercial Bank Co., Ltd.
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