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BOC Hong Kong (Holdings) Limited (HK:2388)
HKEX:2388
BOC Hong Kong (Holdings) (2388) Stock Price & Analysis
2 Followers
2388 Stock Chart & Stats
Day’s RangeHK$0 - HK$0
52-Week RangeHK$17.86 - HK$24.65
Previous CloseHK$24.05
Volume12.71M
Average Volume (3M)11.30M
Market Cap
HK$254.28B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)7.8
Beta0.41
Next Earnings
Aug 28, 2024EPS Estimate
HK$1.8Next Dividend Ex-Date
Jul 02, 2024Dividend Yield6.11%
Share Statistics
EPS (TTM)3.10
Shares Outstanding10,572,780,266
10 Day Avg. Volume16,902,000
30 Day Avg. Volume11,298,629
Standard Deviation0.07
R-Squared0.65
Alpha0.00078
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$26.34Price Target Upside9.51% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
Bulls Say, Bears Say
Bulls Say
Financial PerformanceBoCHK reported a clean beat with an operating profit significantly ahead of expectations, mainly due to stronger-than-expected non-interest income.
Growth StrategyBoCHK's regionalisation strategy could generate more growth over the medium term, leveraging cross-border opportunities and a focus on shareholder returns.
Operational EfficiencyEffective cost control measures have resulted in operating expenses being better than expected and an improved cost-to-income ratio.
Bears Say
Credit Risk40% of China Commercial Real Estate exposure related to Private Owned Enterprises had been downgraded to high risk.
Financial HealthProvisions for credit losses surged due to higher risks in China's commercial real estate, impacting the overall non-performing loan ratio negatively.
Revenue StreamsFee income showed weakness across several segments, indicating potential challenges in diversified revenue streams.
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Options Prices
Currently, No data available
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Ownership Overview
0.00%
Insiders
2.06% Mutual Funds
3.09% Other Institutional Investors
94.85% Public Companies and
Individual Investors
2388 FAQ
What was BOC Hong Kong (Holdings) Limited’s price range in the past 12 months?
BOC Hong Kong (Holdings) Limited lowest stock price was HK$17.86 and its highest was HK$24.65 in the past 12 months.
What is BOC Hong Kong (Holdings) Limited’s market cap?
Currently, no data Available
When is BOC Hong Kong (Holdings) Limited’s upcoming earnings report date?
BOC Hong Kong (Holdings) Limited’s upcoming earnings report date is Aug 28, 2024 which is in 111 days.
How were BOC Hong Kong (Holdings) Limited’s earnings last quarter?
Currently, no data Available
Is BOC Hong Kong (Holdings) Limited overvalued?
According to Wall Street analysts BOC Hong Kong (Holdings) Limited’s price is currently Undervalued.
Does BOC Hong Kong (Holdings) Limited pay dividends?
BOC Hong Kong (Holdings) Limited pays a Annually dividend of HK$1.14 which represents an annual dividend yield of 6.11%. See more information on BOC Hong Kong (Holdings) Limited dividends here
What is BOC Hong Kong (Holdings) Limited’s EPS estimate?
BOC Hong Kong (Holdings) Limited’s EPS estimate is HK$1.8.
How many shares outstanding does BOC Hong Kong (Holdings) Limited have?
BOC Hong Kong (Holdings) Limited has 10,572,780,000 shares outstanding.
What happened to BOC Hong Kong (Holdings) Limited’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of BOC Hong Kong (Holdings) Limited?
Currently, no hedge funds are holding shares in HK:2388
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BOC Hong Kong (Holdings) Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
2.66%
12-Months-Change
Fundamentals
Return on Equity
10.47%
Trailing 12-Months
Asset Growth
4.94%
Trailing 12-Months
Company Description
BOC Hong Kong (Holdings) Limited
BOC Hong Kong (Holdings) Ltd. is an investment holding company, which engages in the provision of banking and related financial services. It operates through the following segments: Personal Banking, Corporate Banking, Treasury, Insurance, and Others. The Personal Banking and Corporate Banking segments provide offers general banking services, including various deposit products, overdrafts, loans, credit cards, trade related products and other credit facilities, investment and insurance products, and foreign currency and derivative products. The Treasury segment manages the funding and liquidity, and the interest rate and foreign exchange positions of the group in addition to proprietary trades. The Insurance segment focuses on long-term life insurance products, including traditional and investment-linked individual life insurance and group life insurance products. The Others segment relates to the firm's holdings of premises, investment properties, equity investments and interests inassociates and joint ventures. The company was founded on September 12, 2001 and is headquartered in Hong Kong.
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2388 Stock 12 Month Forecast
Average Price Target
HK$26.34
▲(9.51% Upside)
Technical Analysis
BOC Hong Kong (Holdings)
―
HSBC Holdings
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Bank of China
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BNP Paribas
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UBS Group AG
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Best Analysts Covering 2388
1 Year
1 Year Success Rate
4/4 ratings generated profit
1 Year Average Return
+13.38%
reiterated a buy rating 11 days ago
Copying Sam Wong's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +13.38% per trade.
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