Bank of Jiujiang Co Ltd

Chart & Performance

D1W1MN

P/E

18.12

P/S

3.08

EPS

0.26

Div Yield, %

4.25%

Shrs. gr., 5y

3.15%

Rev. gr., 5y

-11.62%

Revenues

4.25b

-58.05%

Net income

724m

-55.20%

CFO

-17.02b

L+41.77%

Dividend

Jul 04, 20240.0657537 HKD/sh

Profile

Bank of Jiujiang Co., Ltd. provides various banking and financial products and services for individuals, corporate customers, and small and micro enterprises in the People's Republic of China. It operates through Corporate Banking, Retail Banking, and Financial Market Business segments. The company offers demand, time, pledged, and corporate deposit products, as well as certificates of deposit; personal loans for consumption and business purposes; residential mortgage loans; personal wealth management services; corporate loans, and green financing products; and trade financing services, as well as debit and credit cards. It also provides various services, including handling domestic and overseas settlements, as well as bill acceptance, settlement, and discounting; issuing financial bonds; acting as agent to issue, settle, and underwrite government bonds; trading of government bonds and financial bonds; inter-bank placements; offering letters of credit services and guarantees; acting as agent on inward and outward payments, and acting as insurance agent; sale of securities investment funds; and safe-box service and other businesses. In addition, the company conducts money market or repurchase transactions, and financial investments, as well as provides online, mobile, telephone, and self-service banking services. As of December 31, 2020, it operated through 13 branches and 262 sub-branches. The company was incorporated in 2000 and is headquartered in Jiujiang, the People's Republic of China.

URL

http://www.jjccb.com

IPO date

Jul 10, 2018

Employees

5,264

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	4,252,720 -58.05%	10,137,336 20.58%	8,406,943 36.64%
Cost of revenue	796,569	781,378	734,554
Unusual Expense (Income)
NOPBT	3,456,151	9,355,958	7,672,389
NOPBT Margin	81.27%	92.29%	91.26%
Operating Taxes	109,704	321,106	213,571
Tax Rate	3.17%	3.43%	2.78%
NOPAT	3,346,447	9,034,852	7,458,818
Net income	723,582 -55.20%	1,615,116 -6.56%	1,728,512 3.33%
Dividends	(592,383)	(581,900)	(245,730)
Dividend yield	3.31%		0.93%
Proceeds from repurchase of equity	3,926,791
BB yield	-21.91%
Debt
Debt current
Long-term debt		29,127,869	31,812,394
Deferred revenue
Other long-term liabilities		(19,854,222)	(31,812,394)
Net debt	(162,765,043)	(155,818,466)	(153,948,101)
Cash flow
Cash from operating activities	(17,024,427)	(12,008,528)	1,014,903
CAPEX	(597,570)	(413,949)	(746,405)
Cash from investing activities	18,065,113	3,531,445	266,225
Cash from financing activities	10,915,493	(4,179,674)	10,290,385
FCF	41,801,751	(29,314,028)	7,186,864
Balance
Cash	16,674,203	35,785,772	38,355,988
Long term investments	146,090,840	149,160,563	147,404,507
Excess cash	162,552,407	184,439,468	185,340,148
Stockholders' equity	29,317,381	28,263,943	27,260,887
Invested Capital	462,003,556	450,297,583	433,221,489
ROIC	0.73%	2.05%	1.78%
ROCE	0.70%	1.96%	1.67%
EV
Common stock shares outstanding	2,560,284	2,407,367	2,407,367
Price	7.00		10.92
Market cap	17,921,988		26,288,448
EV	(144,043,024)		(126,930,365)
EBITDA	4,003,170	9,869,699	8,109,268
EV/EBITDA
Interest	11,284,788	11,354,064	10,822,895
Interest/NOPBT	326.51%	121.36%	141.06%