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BOC Hong Kong (Holdings) (BHKLY)
OTHER OTC:BHKLY
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BOC Hong Kong (Holdings)
(OTC:BHKLY)
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Rating:75Outperform
Price Target:―
BOC Hong Kong (Holdings) demonstrates strong financial health with significant revenue growth and profitability, supported by a robust balance sheet. The positive technical trend and attractive valuation further enhance its stock appeal. However, the negative free cash flow and lack of detailed earnings call insights are areas to monitor.
BOC Hong Kong (Holdings) (BHKLY) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$49.46B
Dividend Yield5.23%
Average Volume (3M)693.00
Price to Earnings (P/E)9.6
Beta (1Y)0.10
Revenue Growth2.28%
EPS Growth13.23%
CountryUS
Employees15,309
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)5.38
Shares Outstanding528,639,000
10 Day Avg. Volume78
30 Day Avg. Volume693
Financial Highlights & Ratios
PEG Ratio0.41
Price to Book (P/B)0.78
Price to Sales (P/S)3.66
P/FCF Ratio-814.53
Enterprise Value/Market Cap2.11
Enterprise Value/Revenue4.02
Enterprise Value/Gross Profit4.02
Enterprise Value/Ebitda-3.97
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
BOC Hong Kong (Holdings) Business Overview & Revenue Model
Company DescriptionBOC Hong Kong (Holdings) Limited (BHKLY) is a leading commercial banking group in Hong Kong. It operates as a subsidiary of Bank of China (BOC) and offers a wide range of financial products and services. These include retail banking, corporate banking, treasury operations, and investment management, catering to individual, corporate, and institutional clients. The bank is known for its extensive network of branches and its strong presence in the Hong Kong banking sector.
How the Company Makes MoneyBOC Hong Kong makes money primarily through interest income, which is earned from loans and advances to customers. The bank also generates non-interest income from fees and commissions related to its retail and corporate banking services, such as account management, credit card services, trade finance, and wealth management. Additionally, the bank earns revenue through its treasury operations, which involve trading and investment activities in the money and capital markets. BOC Hong Kong's earnings are further supported by strategic partnerships and its relationship with its parent company, Bank of China, which enhances its ability to offer competitive banking solutions and expand its client base.
BOC Hong Kong (Holdings) Financial Statement Overview
Summary
BOC Hong Kong (Holdings) exhibits a robust financial position with strong revenue growth and profitability margins. The balance sheet is healthy with no debt, but cash flow management needs attention due to negative free cash flow and declining operating cash flows. However, the company maintains a strong equity position and solid return on equity.Income Statement
BOC Hong Kong (Holdings) showed a strong income statement performance with a notable increase in total revenue from 2023 to 2024. The net profit margin for 2024 was approximately 53.22%, which is robust, indicating effective cost management despite a decrease in reported EBIT and EBITDA. Revenue growth from 2023 to 2024 was approximately 21.44%, highlighting strong performance in generating sales.82
Very Positive
Balance Sheet
The balance sheet is solid, characterized by zero total debt in 2024, reflecting strong financial stability. The equity ratio stands at approximately 8.07%, indicating that a smaller portion of the company's assets is financed by equity. However, the return on equity (ROE) is strong at approximately 11.28% for 2024, reflecting efficient utilization of shareholders' equity.78
Positive
Cash Flow
Cash flow analysis reveals some challenges, as the operating cash flow significantly decreased from 2023 to 2024. The negative free cash flow is a concern, driven by higher capital expenditures. The operating cash flow to net income ratio is low, suggesting potential cash generation issues relative to net earnings.65
Positive
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 25.88B | 71.84B | 59.16B | 51.87B | 46.83B | 94.50B |
| Gross Profit | 25.88B | 71.84B | 152.42B | 53.00B | 65.28B | 51.76B |
| EBITDA | -26.24B | 0.00 | 44.07B | 36.50B | 33.22B | 0.00 |
| Net Income | 40.34B | 38.23B | 32.72B | 27.33B | 24.35B | 27.86B |
Balance Sheet | ||||||
| Total Assets | 4.40T | 4.19T | 3.87T | 3.69T | 3.64T | 3.32T |
| Cash, Cash Equivalents and Short-Term Investments | 0.00 | 683.00B | 418.20B | 364.93B | 389.36B | 314.25B |
| Total Debt | 85.26B | 77.06B | 669.39B | 630.20B | 716.53B | 541.66B |
| Total Liabilities | 4.05T | 3.85T | 3.55T | 3.38T | 3.34T | 3.02T |
| Stockholders Equity | 347.06B | 338.72B | 320.14B | 323.26B | 298.00B | 290.30B |
Cash Flow | ||||||
| Free Cash Flow | -239.96B | -323.00M | 15.21B | 136.84B | 42.21B | 16.17B |
| Operating Cash Flow | -239.07B | 1.88B | 15.60B | 138.10B | 43.38B | 17.49B |
| Investing Cash Flow | -1.51B | -2.33B | -1.96B | -42.97B | -265.72B | -109.90B |
| Financing Cash Flow | 28.41B | -22.76B | 138.12B | -61.86B | 293.58B | 203.23B |
BOC Hong Kong (Holdings) Technical Analysis
Neutral
93.57
Price Trends
93.98
Negative
89.88
Positive
78.84
Positive
Market Momentum
-0.15
Positive
45.27
Neutral
27.80
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BHKLY, the sentiment is Neutral. The current price of 93.57 is below the 20-day moving average (MA) of 96.12, below the 50-day MA of 93.98, and above the 200-day MA of 78.84, indicating a neutral trend. The MACD of -0.15 indicates Positive momentum. The RSI at 45.27 is Neutral, neither overbought nor oversold. The STOCH value of 27.80 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for BHKLY.
BOC Hong Kong (Holdings) Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | $49.46B | 9.55 | 12.04% | 5.23% | 2.28% | 13.23% | |
73 Outperform | $72.59B | 10.16 | 20.49% | 6.05% | 5.44% | 2.81% | |
71 Outperform | $67.72B | 13.24 | 10.06% | 3.69% | 0.76% | -5.74% | |
68 Neutral | $166.92B | 21.04 | 13.78% | 0.20% | 2.48% | 0.37% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
66 Neutral | $13.63B | 7.08 | 8.90% | 3.26% | -3.55% | 1.59% | |
65 Neutral | $80.90B | 13.99 | 8.69% | 2.53% | -2.22% | 24.37% |
* Financial Sector Average
BHKLY
BOC Hong Kong (Holdings)
93.57
31.01
49.57%
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ITUB
Itau Unibanco
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56.66%
MFG
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6.61
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WF
Woori Finance Holdings Co
56.15
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57.06%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.