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Weihai City Commercial Bank Co., Ltd. Class H (HK:9677)
:9677
Hong Kong Market
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Weihai City Commercial Bank Co., Ltd. Class H (9677) AI Stock Analysis

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HK:9677

Weihai City Commercial Bank Co., Ltd. Class H

(9677)

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Neutral 69 (OpenAI - 5.2)
Rating:69Neutral
Price Target:
HK$3.00
â–¼(-2.28% Downside)
Action:Reiterated
Date:08/04/26
The score is driven primarily by mixed financial quality (notably volatile cash flow and higher 2025 leverage risk despite improving earnings), partially offset by constructive technical trend signals and an attractive valuation supported by a low P/E and ~4% dividend yield.
Positive Factors
Steady balance sheet expansion
A doubling of total assets from ~268B to ~505B over five years indicates durable scale growth. Larger asset size supports diversified lending, fee income opportunities and economies of scale in operations, strengthening long-term revenue capacity and market presence.
Negative Factors
Volatile cash generation
Wide swings in operating and free cash flow, including a sizable 2024 negative trough, indicate inconsistent cash conversion from earnings. This variability weakens the bank's internal funding reliability, raises reliance on external funding, and complicates dividend and capital planning.
Read all positive and negative factors
Positive Factors
Negative Factors
Steady balance sheet expansion
A doubling of total assets from ~268B to ~505B over five years indicates durable scale growth. Larger asset size supports diversified lending, fee income opportunities and economies of scale in operations, strengthening long-term revenue capacity and market presence.
Read all positive factors

Weihai City Commercial Bank Co., Ltd. Class H (9677) vs. iShares MSCI Hong Kong ETF (EWH)

Weihai City Commercial Bank Co., Ltd. Class H Business Overview & Revenue Model

Company Description
Weihai City Commercial Bank Co., Ltd., established in 1997 and headquartered in Weihai, People's Republic of China, operates across the country through its various subsidiaries, providing a comprehensive range of financial services. Its core offer...
How the Company Makes Money
The company primarily makes money through (1) net interest income and (2) non-interest (fee and commission) income, with potential additional contributions from investment and trading-related activities; however, a breakdown of these streams for C...

Weihai City Commercial Bank Co., Ltd. Class H Financial Statement Overview

Summary
Income statement shows strong reported revenue growth and rising net income, but margin consistency issues reduce confidence in comparability. Balance sheet growth is steady with mid-to-high single-digit ROE, though the sharp 2025 debt increase raises leverage/funding risk. Cash flow is the weakest point due to a large negative swing in 2024 despite a 2025 rebound, signaling uneven cash generation.
Income Statement
66
Positive
Balance Sheet
58
Neutral
Cash Flow
54
Neutral
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue17.64B17.29B8.46B4.24B4.12B13.92B
Gross Profit5.07B4.42B8.46B7.89B4.12B3.80B
EBITDA3.67B3.10B2.85B2.54B2.45B2.43B
Net Income2.48B2.19B1.99B1.93B1.91B1.75B
Balance Sheet
Total Assets540.48B504.74B441.46B391.88B343.70B304.52B
Cash, Cash Equivalents and Short-Term Investments33.32B34.55B13.33B30.79B28.31B30.72B
Total Debt130.64B119.81B14.70B37.80B35.67B32.99B
Total Liabilities509.55B475.35B410.67B363.87B317.97B280.35B
Stockholders Equity28.68B27.31B28.90B26.24B24.15B23.26B
Cash Flow
Free Cash Flow12.63B9.45B-19.07B8.83B5.67B6.68B
Operating Cash Flow12.84B10.77B-17.92B11.02B6.05B6.81B
Investing Cash Flow-62.45B-18.68B-16.98B-16.17B-10.10B-15.60B
Financing Cash Flow54.57B1.37B36.70B618.96M886.13M1.51B

Weihai City Commercial Bank Co., Ltd. Class H Technical Analysis

Technical Analysis Sentiment
Positive
Last Price3.07
Price Trends
50DMA
2.80
Positive
100DMA
2.74
Positive
200DMA
2.66
Positive
Market Momentum
MACD
0.06
Negative
RSI
97.52
Negative
STOCH
81.18
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:9677, the sentiment is Positive. The current price of 3.07 is above the 20-day moving average (MA) of 2.84, above the 50-day MA of 2.80, and above the 200-day MA of 2.66, indicating a bullish trend. The MACD of 0.06 indicates Negative momentum. The RSI at 97.52 is Negative, neither overbought nor oversold. The STOCH value of 81.18 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:9677.

Weihai City Commercial Bank 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
69
Neutral
HK$20.71B6.778.86%3.81%6.25%16.32%
68
Neutral
HK$13.20B2.975.18%7.35%-3.82%0.34%
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
61
Neutral
HK$16.09B8.234.01%2.37%――
61
Neutral
HK$15.36B2.494.61%8.25%-5.40%31.36%
61
Neutral
HK$13.42B2.957.55%7.55%-1.55%10.31%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:9677
Weihai City Commercial Bank Co., Ltd. Class H
3.02
0.21
7.56%
HK:6196
Bank of Zhengzhou Co., Ltd. Class H
0.91
-0.42
-31.58%
HK:9668
China Bohai Bank Co., Ltd. Class H
0.85
-0.28
-25.22%
HK:1578
Bank of Tianjin Co., Ltd. Class H
2.13
-0.25
-10.45%
HK:6199
Bank of Guizhou Co. Ltd. Class H
0.92
-0.14
-13.60%

Weihai City Commercial Bank Co., Ltd. Class H Corporate Events

Weihai Bank Reshapes Board with New Non-Executive Director Appointment
Jul 23, 2026
Weihai Bank announced a board change, stating that non-executive director Li Jie will step down due to age, but will continue to perform her duties until a successor is formally elected and approved by the Shandong financial regulator. The bank em...
Weihai Bank Shareholders Approve 2025 AGM Resolutions and Profit Distribution
Jun 29, 2026
Weihai Bank Co., Ltd. announced that all resolutions proposed at its 2025 annual general meeting, held on June 29, 2026, were approved by shareholders via poll, with participation representing about 85.65% of the bank’s issued share capital....
Weihai Bank Sets 2025 Final Dividend and Outlines Tax Terms for H-Share Investors
Jun 29, 2026
Weihai Bank Co., Ltd. has announced a final cash dividend of RMB 10 per 100 shares for the financial year ended 31 December 2025, to be paid in Hong Kong dollars at HKD 11.4995 per 100 shares based on an exchange rate of RMB 1 to HKD 1.14995. Shar...
Weihai Bank boosts core capital with completion of major share issuance
Jun 23, 2026
Weihai Bank has completed a major issuance of H Shares and Domestic Shares under a specific mandate, expanding its total share capital to approximately 6.87 billion shares, including 5.71 billion Domestic Shares and about 1.16 billion H Shares. Th...
Weihai Bank to Raise Core Capital via New H Share Subscription and Adjusts Public Float Threshold
Jun 14, 2026
Weihai Bank has entered into an H share subscription agreement with Heng Yuan Holdings, under which Heng Yuan will conditionally subscribe for up to 150 million H shares at RMB3.29 per share, raising up to about RMB493.5 million. The proceeds, aft...
Weihai Bank Sets 2025 AGM to Vote on Profit Plan, Governance Changes and Capital Instruments
Jun 5, 2026
Weihai Bank Co., Ltd. has scheduled its 2025 annual general meeting for June 29, 2026, in Weihai, Shandong Province, where shareholders will review the board’s 2025 work report and the annual report, and vote on the profit distribution plan....
Weihai Bank Sets 2025 Final Dividend and Clarifies Hong Kong Status
Jun 5, 2026
Weihai Bank Co., Ltd. has announced a final cash dividend of RMB 10 per 100 shares for the financial year ended 31 December 2025, with shareholder approval scheduled for 29 June 2026 and the dividend to be paid in Hong Kong dollars on 30 July 2026...
Weihai Bank Revamps Board Committee Memberships in Governance Reshuffle
May 29, 2026
Weihai Bank Co., Ltd. has announced changes to the composition of its board’s special committees as part of the ninth session of the Board. The bank remains a PRC-incorporated joint stock commercial bank listed in Hong Kong, but is not an au...
Weihai Bank Details Board Roles and Clarifies Non-Hong Kong Banking Status
May 29, 2026
Weihai Bank Co., Ltd., a joint stock commercial bank incorporated in mainland China with limited liability, has clarified that it is not an authorized institution under Hong Kong’s Banking Ordinance and does not carry out banking or deposit-...
Weihai Bank Lines Up Veteran Executive Zou Yimin as New Independent Director
May 20, 2026
Weihai Bank announced that independent non-executive director Fan Chi Chiu has resigned upon completion of his six-year term, though he will remain in his role until regulatory approvals for his successor are obtained, and he has reported no disag...
Weihai Bank Receives Regulatory Nod for New Non-Executive Director
May 12, 2026
Weihai Bank Co., Ltd., a PRC-incorporated joint stock commercial bank with H shares listed in Hong Kong, provides banking and financial services but is not licensed as a banking institution in Hong Kong and operates under mainland regulatory overs...
Weihai Bank Updates Board Composition and Committee Roles
May 12, 2026
Weihai Bank Co., Ltd., a PRC-incorporated joint stock commercial bank listed in Hong Kong, has clarified its regulatory status by noting it is not an authorized institution under Hong Kong’s Banking Ordinance and does not conduct banking or ...
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: Aug 04, 2026