Bank of China Ltd UnSp Singapore Depositary Receipt Repr 1 Sh AI Stock Analysis
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Bank of China Ltd UnSp Singapore Depositary Receipt Repr 1 Sh (HBND) AI Stock Analysis
Bank of China Ltd UnSp Singapore Depositary Receipt Repr 1 Sh
(SGX:HBND)
The overall score is driven primarily by a highly positive earnings outlook, robust bullish price trends, and an attractive valuation. The company's recent earnings call revealed a raised dividend payout ratio, stable margins, and improving asset quality, reinforcing its value proposition. A low P/E ratio and strong technical momentum further support the stock's upward trajectory. However, investors must weigh these strengths against internal financial risks, specifically rising debt leverage and deeply negative recent cash flows, which require careful monitoring.
Bank of China Ltd UnSp Singapore Depositary Receipt Repr 1 Sh (HBND) vs. iShares MSCI Singapore ETF (EWS)
- Market Cap
- SGD 435.17B
- Dividend Yield
- 3.62%
- Average Volume (3M)
- 1.37M
- Price to Earnings (P/E)
- 8.8
- Beta (1Y)
- 0.34
- Revenue Growth
- -2.69%
- EPS Growth
- -7.07%
- Country
- Singapore
- Employees
- 313,746
- Sector
- General
- Sector Strength
- 55
- Industry
- Banks - Diversified
Bank of China Ltd UnSp Singapore Depositary Receipt Repr 1 Sh Business Overview & Revenue Model
Company Description
Bank of China Limited, established in Beijing, China, in 1912, delivers a comprehensive array of banking and financial services. Its extensive operations cover Chinese Mainland, Hong Kong, Macao, Taiwan, and a broad international footprint. The insti...
How the Company Makes Money
Bank of China Limited primarily earns revenue from traditional banking and financial markets activities. A major source is net interest income: the bank takes deposits and other funding at one set of interest rates and lends money (e.g., corporate lo...
Bank of China Ltd UnSp Singapore Depositary Receipt Repr 1 Sh Earnings Call Summary
The call was strongly positive, supported by steady revenue and profit growth, stable NIM, improving asset quality, a higher proposed payout ratio, expanding global operations, and broad growth across technology finance, non-interest income, custody, digital banking, and consumption-related businesses. Management also highlighted pressure on asset yields and deposit costs, uncertainty in U.S. dollar interest rates, and several credit-risk areas requiring close monitoring, but expressed confidence in maintaining stable asset quality throughout 2026.
Q2-2026 Updates
Positive Updates
Negative Updates
Company Guidance
For the second half of 2026, BOC said its domestic RMB loan growth rate is higher than average, with support focused on tech innovations, green development, and mid to long-term manufacturing, while overseas lending will maintain a good growth momentum and support smart manufacturing, renewable energy, new materials, and the biopharmaceutical industry; it will optimize asset and liability structure, expand low cost funding, continuously lower deposit cost, grow high yield businesses, and continue foreign currency NIM contribution. BOC expects to maintain a stable asset quality throughout 2026, with adequate risk provision and compensation capabilities, and will guard the bottom line of no systemic financial risks. It will maintain overseas business contribution to the group, with the contribution rate of overseas institution in terms of net profit making new breakthroughs, expand payment and clearing coverage to 60 countries and regions, offer derivative products in 90 currencies and multi-currency loans with the maximum 30 years of maturity, and maintain the contribution of non-interest income to total revenue amid low interest environment. The bank suggested increasing the payout ratio to 31% and declared a cash dividend of CNY 1.19 per 10 share.
Bank of China Ltd UnSp Singapore Depositary Receipt Repr 1 Sh Financial Statement Overview
Summary
Financial performance reflects steady bottom-line profitability and a massively growing asset base, securing foundational stability. However, this is heavily offset by a recent spike in leverage and deeply negative cash flows, which present notable near-term operational and liquidity challenges.
Income Statement
72PositiveBalance Sheet
68PositiveCash Flow
42Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 569.77B | 559.11B | 1.25T | 1.20T | 1.01T | 968.43B |
| Gross Profit | 569.77B | 559.11B | 629.41B | 621.92B | 584.72B | 604.08B |
| EBITDA | 20.78B | 28.03B | 324.18B | 326.02B | 312.51B | 305.41B |
| Net Income | 252.84B | 243.02B | 237.84B | 231.90B | 226.52B | 216.56B |
Balance Sheet | ||||||
| Total Assets | 41.11T | 38.36T | 35.06T | 32.43T | 28.89T | 26.72T |
| Cash, Cash Equivalents and Short-Term Investments | 0 | 0 | 4.14T | 4.46T | 4.10T | 3.90T |
| Total Debt | 9.57T | 1.12T | 2.52T | 2.21T | 1.89T | 1.72T |
| Total Liabilities | 37.78T | 35.15T | 32.11T | 29.68T | 26.33T | 24.37T |
| Stockholders Equity | 3.19T | 3.06T | 2.82T | 2.63T | 2.42T | 2.23T |
Cash Flow | ||||||
| Free Cash Flow | -210.12B | -1.22T | 523.73B | 787.30B | -49.59B | 813.09B |
| Operating Cash Flow | -151.57B | -1.17T | 550.97B | 816.45B | -21.86B | 843.26B |
| Investing Cash Flow | -1.50T | -1.07T | -805.99B | -539.43B | -11.72B | -395.56B |
| Financing Cash Flow | 1.34T | 2.17T | 111.86B | 119.86B | 53.05B | 74.34B |
Bank of China Ltd UnSp Singapore Depositary Receipt Repr 1 Sh Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:HBND, the sentiment is Positive. The current price of 1.03 is above the 20-day moving average (MA) of 0.99, above the 50-day MA of 0.99, and above the 200-day MA of 0.86, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 56.56 is Neutral, neither overbought nor oversold. The STOCH value of 84.31 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SG:HBND.
Bank of China Ltd UnSp Singapore Depositary Receipt Repr 1 Sh Peers Comparison
Overall Rating
SG:HBND79Outperform
SG:U1173Outperform
SG:O3971Outperform
SG:D0562Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| 79Outperform | SGD 400.45B | 8.76 | 8.69% | 3.62% | -2.69% | -7.07% | |
| 73Outperform | SGD 62.24B | 9.56 | 9.73% | 4.21% | -10.35% | -19.23% | |
| 71Outperform | SGD 128.85B | 20.67 | 10.25% | 3.68% | -2.86% | 7.77% | |
| 62Neutral | SGD 201.77B | 17.88 | 15.93% | 4.64% | -5.30% | -0.44% | |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| SG:HBND | Bank of China Ltd UnSp Singapore Depositary Receipt Repr 1 Sh | 1.03 | 0.28 | 38.07% | |
| SG:D05 | DBS Group Holdings | 69.90 | 18.55 | 36.11% | |
| SG:O39 | Oversea-Chinese Banking Corporation | 28.53 | 10.88 | 61.62% | |
| SG:U11 | United Overseas Bank (Singapore) | 37.75 | 5.03 | 15.37% | |
| SG:HSHD | HSBC Holdings PLC UnSp Singapore Depositary Receipt Repr 1/5 Sh | 4.59 | 0.99 | 27.39% | |
| SG:IBKD | PT Bank Central Asia Tbk Shs UnSp Singapore Depositary Receipt Repr 2/1 Sh | 0.78 | -0.56 | -41.83% |
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: Nov 13, 2026
