Chongqing Rural Commercial Bank Co Ltd

Chart & Performance

D1W1MN

P/E

5.40

P/S

2.67

EPS

0.76

Div Yield, %

5.30%

Shrs. gr., 5y

2.58%

Rev. gr., 5y

2.03%

Revenues

22.02b

-23.75%

Net income

10.90b

+6.10%

CFO

39.46b

-44.35%

Dividend

May 30, 20240.31684 HKD/sh

Earnings

Mar 26, 2025

Profile

Chongqing Rural Commercial Bank Co., Ltd., together with its subsidiaries, provides a range of banking and related financial services in the People's Republic of China. It operates in three segments: Corporate Banking, Personal Banking, and Financial Market Operations. The Corporate Banking segment offers financial products and services, including deposit takings, corporate loans, trade financing, financial leasing, and other corporate intermediary services to corporations, government agencies, and financial institutions. The Personal Banking segment provides financial products and services, such as deposit products, personal loans, cards, personal wealth management services, and other types of personal intermediary services to individual customers. The Financial Market Operations segment conducts money market or repurchase transactions; and invests in debt instruments for its own accounts or on behalf of customers. The company also provides mobile banking, Internet banking, and telephone banking services. As of 31 December 2021, it had operated 1,760 branches, including the head office and the business department, 7 branches, 35 first-class sub-branches, 134 second-class sub-branches, 2 community sub-branches, and 1,580 branch offices, as well as 145 self-service 24-hour banking centers. The company was formerly known as Chongqing Rural Credit Union and changed its name to Chongqing Rural Commercial Bank Co., Ltd. in 2008. Chongqing Rural Commercial Bank Co., Ltd. was founded in 1951 and is headquartered in Chongqing, China.

URL

https://www.cqrcb.com/

IPO date

Dec 16, 2010

Employees

14,846

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	22,015,887 -23.75%	28,873,497 -6.86%	30,999,014 13.79%
Cost of revenue	4,531,781	2,599,617	2,025,728
Unusual Expense (Income)
NOPBT	17,484,106	26,273,880	28,973,286
NOPBT Margin	79.42%	91.00%	93.47%
Operating Taxes	1,070,721	1,082,154	1,482,281
Tax Rate	6.12%	4.12%	5.12%
NOPAT	16,413,385	25,191,726	27,491,005
Net income	10,902,355 6.10%	10,275,574 7.49%	9,559,709 13.79%
Dividends	(3,320,269)	(3,028,730)	(2,521,845)
Dividend yield	9.65%	9.99%	8.02%
Proceeds from repurchase of equity
BB yield
Debt
Debt current
Long-term debt		171,727,812	225,427,298
Deferred revenue
Other long-term liabilities		(171,727,812)	(225,427,298)
Net debt	(763,708,769)	(549,286,595)	(466,094,803)
Cash flow
Cash from operating activities	39,459,381	70,901,171	41,228,845
CAPEX	(1,036,331)	(610,866)	(880,675)
Cash from investing activities	30,839,538	(15,314,933)	(72,045,436)
Cash from financing activities	(58,624,596)	(59,932,401)	47,371,071
FCF	14,940,849	24,517,172	27,462,699
Balance
Cash	164,427,708	147,560,684	169,439,536
Long term investments	599,281,061	573,453,723	522,082,565
Excess cash	762,607,975	719,570,732	689,972,150
Stockholders' equity	103,503,750	83,765,534	77,672,069
Invested Capital	1,338,018,322	1,267,414,740	1,187,731,469
ROIC	1.26%	2.05%	2.44%
ROCE	1.21%	1.94%	2.29%
EV
Common stock shares outstanding	11,357,000	11,357,000	11,357,000
Price	3.03 13.48%	2.67 -3.61%	2.77 -11.22%
Market cap	34,411,710 13.48%	30,323,190 -3.61%	31,458,890 -11.22%
EV	(727,529,078)	(517,230,646)	(433,104,548)
EBITDA	18,340,763	27,094,050	29,824,175
EV/EBITDA
Interest	26,393,954	25,853,557	25,514,303
Interest/NOPBT	150.96%	98.40%	88.06%