tiprankstipranks
Trending News
More News >
Bank of Chongqing Co., Ltd. Class H (HK:1963)
:1963
Advertisement

Bank of Chongqing Co., Ltd. Class H (1963) AI Stock Analysis

Compare
4 Followers

Top Page

HK:1963

Bank of Chongqing Co., Ltd. Class H

(Frankfurt:1963)

Select Model
Select Model
Select Model
Outperform 83 (OpenAI - 4o)
Rating:83Outperform
Price Target:
Bank of Chongqing's stock is rated highly due to its solid financial performance, particularly its profitability and balance sheet strength. Its strong technical indicators signal a bullish trend, while its favorable valuation suggests attractive investment potential. However, cash flow management is a concern.

Bank of Chongqing Co., Ltd. Class H (1963) vs. iShares MSCI Hong Kong ETF (EWH)

Bank of Chongqing Co., Ltd. Class H Business Overview & Revenue Model

Company DescriptionBank of Chongqing Co., Ltd. Class H (1963) is a regional commercial bank based in Chongqing, China. It primarily serves small to medium-sized enterprises (SMEs), individual clients, and corporate customers within the region. The bank offers a wide range of financial products and services, including personal and corporate loans, trade financing, wealth management, and various deposit products. As a Class H bank, it is listed on the Hong Kong Stock Exchange, providing it with access to international capital markets.
How the Company Makes MoneyBank of Chongqing Co., Ltd. generates revenue mainly through interest income derived from its lending activities, including loans to SMEs, individuals, and larger corporations. The bank also earns non-interest income from fees and commissions related to wealth management, trade financing, and other financial services. Additionally, the bank may engage in interbank lending and investment activities to optimize its asset portfolio. Partnerships with other financial institutions and technology firms can enhance its service offerings and drive additional revenue through collaborative financial products or services.

Bank of Chongqing Co., Ltd. Class H Financial Statement Overview

Summary
Bank of Chongqing has robust profitability with a strong net profit margin and a solid equity base. However, inconsistent revenue growth and negative free cash flow raise concerns about cash management.
Income Statement
78
Positive
The company has demonstrated a strong net profit margin of around 37.5% for the latest year, indicating high profitability. Revenue growth has been inconsistent, with a notable increase in 2024. However, EBIT margin data is unavailable for the latest year, limiting a complete profitability analysis.
Balance Sheet
82
Very Positive
The bank shows a solid equity base with a debt-to-equity ratio of 0, reflecting a low leverage and strong financial stability. The equity ratio is approximately 7.1%, which is typical for a banking institution. The consistent increase in stockholders' equity over the years highlights good financial management.
Cash Flow
65
Positive
Cash flow analysis reveals fluctuations, with negative free cash flow in the latest year, raising concerns about cash management. Operating cash flow to net income ratio is negative, suggesting potential inefficiencies in converting income to cash. Despite this, financing activities have provided substantial cash inflow.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue27.84B32.15B9.60B9.58B9.34B8.58B
Gross Profit13.67B13.64B9.60B13.27B9.34B8.58B
EBITDA6.48B6.90B0.006.69B6.44B0.00
Net Income5.28B5.12B4.93B4.87B4.66B4.42B
Balance Sheet
Total Assets983.37B856.64B759.88B684.71B618.95B561.64B
Cash, Cash Equivalents and Short-Term Investments64.38B63.40B55.74B48.52B44.39B42.25B
Total Debt202.21B194.99B156.41B96.25B120.60B63.45B
Total Liabilities917.87B792.88B700.58B633.22B569.71B519.65B
Stockholders Equity62.72B61.07B56.92B49.34B47.27B40.17B
Cash Flow
Free Cash Flow56.18B-21.42B4.03B4.97B4.74B31.77B
Operating Cash Flow57.26B-20.75B4.45B5.31B5.09B32.21B
Investing Cash Flow-92.94B-14.50B-20.98B-12.89B-15.84B-21.68B
Financing Cash Flow34.80B32.21B16.32B9.94B16.27B-8.71B

Bank of Chongqing Co., Ltd. Class H Technical Analysis

Technical Analysis Sentiment
Negative
Last Price7.27
Price Trends
50DMA
7.80
Negative
100DMA
8.01
Negative
200DMA
7.01
Positive
Market Momentum
MACD
-0.11
Positive
RSI
37.02
Neutral
STOCH
20.61
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1963, the sentiment is Negative. The current price of 7.27 is below the 20-day moving average (MA) of 7.51, below the 50-day MA of 7.80, and above the 200-day MA of 7.01, indicating a neutral trend. The MACD of -0.11 indicates Positive momentum. The RSI at 37.02 is Neutral, neither overbought nor oversold. The STOCH value of 20.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1963.

Bank of Chongqing Co., Ltd. Class H Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
83
Outperform
€30.50B4.9310.25%5.96%1.93%4.23%
78
Outperform
2.70T5.255.96%-3.35%0.58%
77
Outperform
1.57T4.936.12%-1.13%2.56%
74
Outperform
1.14T7.364.73%-3.23%1.81%
73
Outperform
2.45T5.929.09%5.02%-1.70%11.36%
72
Outperform
191.89B5.818.83%-7.28%-5.00%
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1963
Bank of Chongqing Co., Ltd. Class H
7.27
2.36
48.10%
HHSSF
Huishang Bank
0.40
0.12
42.86%
DE:857
Dongguan Rural Commercial Bank Co Ltd Class H
0.39
-0.08
-17.02%
DE:4BQ
Bank of Qingdao Co., Ltd. Class H
0.46
0.22
91.67%
DE:3BZ
Bank of Zhengzhou Co., Ltd. Class H
0.13
0.06
85.71%
DE:2GN
Guangzhou Rural Commercial Bank Co. Ltd. Class H

Bank of Chongqing Co., Ltd. Class H Corporate Events

Bank of Chongqing Announces New Independent Directors
Apr 28, 2025

Bank of Chongqing Co., Ltd. has announced the appointment of three new independent non-executive directors, Mr. ZENG Hong, Ms. WANG Qinlin, and Mr. CHAN Fung Cheung, following the approval of their qualifications by the Chongqing Bureau of National Financial Regulatory Administration. This change in the board of directors marks the end of the term for the previous directors, Mr. LIU Xing, Mr. WANG Rong, and Mr. FUNG Don Hau, who have confirmed no disagreements with the board. The new appointments are expected to bring fresh perspectives to the bank’s governance as it continues to navigate the financial landscape in China.

Bank of Chongqing Announces Board Composition and Roles
Apr 28, 2025

The Bank of Chongqing Co., Ltd. has announced the composition of its board of directors, detailing the roles and functions of each member across eight specialized committees. This announcement clarifies the leadership structure and governance, potentially impacting the bank’s strategic direction and stakeholder confidence.

Bank of Chongqing Reports Strong Q1 2025 Financial Performance
Apr 25, 2025

Bank of Chongqing Co., Ltd. reported its unaudited financial results for the first quarter of 2025, showing a significant increase in total assets, loans, and customer deposits compared to the previous year. The bank’s operating income and net profit also saw growth, although there was a slight decrease in annualized returns on assets and net assets, indicating strong operational performance but with some pressure on profitability metrics.

Bank of Chongqing Co., Ltd. Approves Key Resolutions at 2024 AGM
Apr 22, 2025

The Bank of Chongqing Co., Ltd. successfully held its 2024 Annual General Meeting on April 22, 2025, where all proposed resolutions were passed by shareholders. Key resolutions included the approval of the work reports for 2024, the profit distribution plan, and the financial budget and investment plan for 2025, indicating strong shareholder support and strategic planning for the upcoming year.

Bank of Chongqing Updates Final Dividend Details for 2024
Apr 22, 2025

Bank of Chongqing Co., Ltd. has announced an update regarding its final cash dividend for the year ended December 31, 2024. The dividend will be paid at RMB 0.248 per share, with an exchange rate of RMB 1 to HKD 1.0765769, translating to HKD 0.26699108 per share. The payment date is set for June 10, 2025, following shareholder approval on April 22, 2025. The announcement also details the withholding tax rates applicable to non-resident shareholders, which are influenced by existing taxation treaties between their countries and the PRC. This update could impact the financial planning of stakeholders, particularly non-resident shareholders, due to the specified tax implications.

Bank of Chongqing Schedules Board Meeting for Quarterly Results Review
Apr 11, 2025

Bank of Chongqing Co., Ltd. has announced that its board of directors will meet on April 25, 2025, to review and approve the unaudited first quarterly results for the period ending March 31, 2025. This meeting is significant as it will provide insights into the bank’s financial performance and operational strategies, potentially impacting its stakeholders and market positioning.

Bank of Chongqing Drives High-Quality Growth with Strategic Initiatives
Apr 8, 2025

Bank of Chongqing Co., Ltd. announced its commitment to high-quality development and efficiency improvements, as outlined in its 2025 Action Plan. In the first quarter of 2025, the bank reported significant growth in assets, loans, and deposits, alongside a decrease in non-performing loan ratios, indicating strong operational performance. The bank aims to enhance its market position by integrating resources and expanding its service capabilities to support major national strategies and regional developments, thereby boosting investor confidence and achieving sustainable growth.

Bank of Chongqing Updates Final Dividend Details for 2024
Mar 27, 2025

Bank of Chongqing Co., Ltd. announced an update regarding its final cash dividend for the year ended 31 December 2024, declaring a dividend of RMB 0.248 per share. The update includes details on the date of shareholders’ approval, ex-dividend date, and other relevant dates for determining dividend entitlement. The bank also highlighted its profit pre-distribution for the first three quarters of 2024, resulting in a total proposed cash dividend of RMB 0.414 per share for the full year. This announcement reflects the bank’s financial strategy and commitment to returning value to its shareholders.

Bank of Chongqing Announces 2024 AGM and Dividend Plans
Mar 27, 2025

Bank of Chongqing Co., Ltd. has announced its 2024 Annual General Meeting (AGM) scheduled for April 22, 2025, where several key resolutions will be discussed, including financial accounts, profit distribution, and investment plans for 2025. The bank has also proposed a dividend payment of RMB2.48 per 10 shares, reflecting its financial performance and commitment to shareholder returns.

Bank of Chongqing Announces Final Dividend for 2024
Mar 21, 2025

Bank of Chongqing Co., Ltd. announced a final cash dividend of RMB 0.248 per share for the year ended December 31, 2024, with the total proposed cash dividend for the year amounting to RMB 0.414 per share. This announcement reflects the bank’s commitment to returning value to its shareholders and indicates a stable financial performance, potentially strengthening its position in the financial market.

Bank of Chongqing Schedules Board Meeting to Review 2024 Financial Results
Mar 11, 2025

Bank of Chongqing Co., Ltd. announced that its board of directors will meet on March 21, 2025, to review and approve the annual financial results for 2024 and consider a final dividend recommendation. This meeting is crucial for stakeholders as it will provide insights into the bank’s financial performance and potential returns for shareholders.

Bank of Chongqing Appoints New Directors to Strengthen Governance
Feb 26, 2025

Bank of Chongqing Co., Ltd. announced the appointment of Ms. HOU Ximeng as an executive director and Ms. LIU Ruihan as an independent non-executive director for the seventh session of its board of directors. These appointments, approved by the Chongqing Bureau of National Financial Regulatory Administration, are expected to strengthen the bank’s governance structure and align with regulatory requirements, potentially enhancing its strategic positioning within the urban commercial banking sector.

Bank of Chongqing Announces Board Composition and Committee Roles
Feb 26, 2025

The Bank of Chongqing Co., Ltd. has announced the composition of its board of directors and the roles within its eight committees. This update is crucial for stakeholders as it outlines the leadership structure and governance, potentially impacting the bank’s strategic direction and operational efficiency.

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.Date of analysis: Apr 07, 2025