XSHE002142
Market cap21bUSD
Dec 20, Last price
23.50CNY
1D
-1.01%
1Q
22.33%
Jan 2017
83.59%
IPO
188.34%
Name
Bank of Ningbo Co Ltd
Chart & Performance
Profile
Bank of Ningbo Co., Ltd. provides various personal and business banking products and services in the People's Republic of China. The company operates through Corporate Business, Personal Business, Treasury Business, and Other Business segments. It offers deposits; short-term, medium-term, and long-term loans; bank cards; domestic and international settlement services; bill discounting services; collection and payment agency, cashing proxy, and government bonds underwriting services; sells government and financial bonds; inter-bank lending and borrowing services; safe deposit box services; foreign exchange deposits; foreign currency exchange, loans, and remittances; bank guarantees; and insurance agency services, as well as other banking services. The company also provides financial bonds issuance; handles entrusted loan business of funds used for local fiscal credit turnover; foreign currencies purchase and sale; inter-bank foreign currency lending/borrowing; foreign currency bills acceptance and discount; foreign currency exchange and sales services; foreign exchange lending and guarantee services; and other business services. As of December 31, 2021, it operated 16 branches, 1 capital operation center located in Shanghai, and 19 first-level sub-branches located in the cities of Ningbo and Zhejiang province; Shanghai, Hangzhou, Nanjing, Shenzhen, Suzhou, Wenzhou, Beijing, Wuxi, Jinhua, Shaoxing, Taizhou, Jiaxing, Lishui, Huzhou, Quzhou, and Zhoushan. The company was formerly known as Ningbo Commercial Bank Co., Ltd. and changed its name to Bank of Ningbo Co., Ltd. in February 2007. Bank of Ningbo Co., Ltd. was founded in 1997 and is headquartered in Ningbo, the People's Republic of China.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 52,655,000 -9.01% | 57,866,000 9.66% | 52,767,000 28.58% | |||||||
Cost of revenue | (33,583,000) | 21,582,000 | 19,500,000 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 86,238,000 | 36,284,000 | 33,267,000 | |||||||
NOPBT Margin | 163.78% | 62.70% | 63.05% | |||||||
Operating Taxes | 2,289,000 | 2,148,000 | 836,000 | |||||||
Tax Rate | 2.65% | 5.92% | 2.51% | |||||||
NOPAT | 83,949,000 | 34,136,000 | 32,431,000 | |||||||
Net income | 25,535,000 10.66% | 23,075,000 18.05% | 19,546,000 29.87% | |||||||
Dividends | (13,756,000) | (3,302,000) | (9,720,000) | |||||||
Dividend yield | 10.36% | 1.54% | 4.23% | |||||||
Proceeds from repurchase of equity | ||||||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 689,922,000 | 666,824,000 | ||||||||
Long-term debt | 4,118,000 | 550,996,000 | 447,876,000 | |||||||
Deferred revenue | 454,000 | 267,000 | ||||||||
Other long-term liabilities | 1,237,992,000 | (548,837,000) | (297,000) | |||||||
Net debt | (1,294,755,000) | (77,147,000) | (33,896,000) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 173,372,000 | 94,768,000 | (44,549,000) | |||||||
CAPEX | (3,707,000) | (2,873,000) | (2,583,000) | |||||||
Cash from investing activities | (377,370,000) | (126,945,000) | (141,607,000) | |||||||
Cash from financing activities | (70,277,000) | 38,776,000 | 194,191,000 | |||||||
FCF | 800,934,000 | 32,872,000 | (9,315,000) | |||||||
Balance | ||||||||||
Cash | 43,790,000 | 172,580,000 | 162,023,000 | |||||||
Long term investments | 1,255,083,000 | 1,145,485,000 | 986,573,000 | |||||||
Excess cash | 1,296,240,250 | 1,315,171,700 | 1,145,957,650 | |||||||
Stockholders' equity | 192,210,000 | 130,860,000 | 112,305,000 | |||||||
Invested Capital | 1,232,216,000 | 1,175,484,000 | 1,430,582,000 | |||||||
ROIC | 6.97% | 2.62% | 2.59% | |||||||
ROCE | 6.05% | 1.96% | 2.16% | |||||||
EV | ||||||||||
Common stock shares outstanding | 6,604,000 | 6,604,000 | 6,008,000 | |||||||
Price | 20.10 -38.06% | 32.45 -15.23% | 38.28 8.32% | |||||||
Market cap | 132,740,400 -38.06% | 214,299,800 -6.82% | 229,986,240 5.77% | |||||||
EV | (1,146,189,600) | 152,862,800 | 211,476,240 | |||||||
EBITDA | 88,647,000 | 38,100,000 | 34,922,000 | |||||||
EV/EBITDA | 4.01 | 6.06 | ||||||||
Interest | 49,859,000 | 41,210,000 | 35,065,000 | |||||||
Interest/NOPBT | 57.82% | 113.58% | 105.40% |