Guangzhou Rural Commercial Bank Co Ltd

Chart & Performance

D1W1MN

P/E

8.37

P/S

1.26

EPS

0.18

Div Yield, %

7.88%

Shrs. gr., 5y

3.19%

Rev. gr., 5y

3.35%

Revenues

17.49b

+46.76%

Net income

2.63b

-24.56%

CFO

-9.47b

L-48.63%

Dividend

Jun 17, 20240.043925 HKD/sh

Earnings

Mar 26, 2025

Profile

Guangzhou Rural Commercial Bank Co., Ltd. provides banking services. It operates through Corporate Banking, Retail Banking, Financial Market Business, and Others segments. The company offers demand and time deposits; personal consumption and mortgage loans; residential mortgage loans; credit cards overdraft; and personal finance products. It also provides corporate financing products, such as working capital, fixed assets, and trade and SME financing services, as well as finance leasing services. In addition, the company offers investment banking services; short, medium, and long-term loans; and domestic and international settlements, and bill acceptance and discounting services. Further, it provides money market placements, investments and repurchasing, and foreign exchange services; inter-bank placements; debit and credit cards; payment collection and insurance agency, safe locker, advisory and attestation, fund and insurance assets trusteeship, and cash management services; and agency services for issuing and underwriting government bonds. Additionally, the company trades in government and financial bonds; and provides discounted bill, wealth management, and private banking services, as well as Internet, telephone, SMS, mobile, and WeChat banking services. As of December 31, 2021, it had 635 outlets; 5 branches in Foshan, Qingyuan, Heyuan, Zhaoqing, and Zhuhai province, as well as 12 sub-branches and 1 sub-office; 1,597 ATM's; and 578 self-service inquiry terminals, 324 smart service terminals, and 250 smart banking outlets. The company was formerly known as Guangzhou Rural Credit Cooperative Unions and changed its name to Guangzhou Rural Commercial Bank Co., Ltd. The company was founded in 1952 and is headquartered in Guangzhou, the People's Republic of China.

URL

https://www.grcbank.com/

IPO date

Jun 20, 2017

Employees

12,995

Domiciled in

Incorporated in

Valuation

Order:

Title CNY in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title CNY in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	17,491,404 46.76%	11,918,648 8.94%	10,940,365 -17.68%
Cost of revenue	274,225	310,380	318,220
Unusual Expense (Income)
NOPBT	17,217,179	11,608,268	10,622,145
NOPBT Margin	98.43%	97.40%	97.09%
Operating Taxes	(346,629)	472,572	680,993
Tax Rate		4.07%	6.41%
NOPAT	17,563,808	11,135,696	9,941,152
Net income	2,634,416 -24.56%	3,492,159 9.98%	3,175,208 -37.51%
Dividends	(1,847,785)	(1,822,756)	(2,567,918)
Dividend yield			7.59%
Proceeds from repurchase of equity	6,433,246		138,259,664
BB yield			-408.86%
Debt
Debt current
Long-term debt		23,942,553	22,270,306
Deferred revenue
Other long-term liabilities	1,215,349,662	(23,942,553)	(22,270,306)
Net debt	(455,799,035)	(367,785,881)	(343,087,677)
Cash flow
Cash from operating activities	(9,470,911)	(18,437,618)	(54,019,386)
CAPEX	(501,282)	(752,751)	(450,910)
Cash from investing activities	(43,662,928)	(49,979,683)	(43,625,970)
Cash from financing activities	4,058,810	64,197,397	101,706,679
FCF	103,207,090	19,475,406	(33,332,918)
Balance
Cash	44,902,523	42,291,328	51,119,468
Long term investments	410,896,512	349,437,106	314,238,515
Excess cash	454,924,465	391,132,502	364,810,965
Stockholders' equity	51,467,120	88,249,102	86,885,266
Invested Capital	1,260,923,056	1,140,264,115	1,072,761,311
ROIC	1.46%	1.01%	0.98%
ROCE	1.31%	0.94%	0.92%
EV
Common stock shares outstanding	11,475,585	11,451,269	9,858,855
Price			3.43 -2.00%
Market cap			33,815,873 -1.49%
EV			(292,593,108)
EBITDA	17,897,964	12,239,165	11,361,578
EV/EBITDA
Interest	25,162,321	25,236,383	23,006,795
Interest/NOPBT	146.15%	217.40%	216.59%