Bank of Nanjing Co Ltd

Chart & Performance

D1W1MN

P/E

6.22

P/S

3.23

EPS

1.72

Div Yield, %

8.18%

Shrs. gr., 5y

6.68%

Rev. gr., 5y

5.71%

Revenues

35.62b

-18.80%

Net income

18.50b

+0.51%

CFO

37.06b

-62.12%

Dividend

Jun 14, 20240.5367 CNY/sh

Profile

Bank of Nanjing Co., Ltd. provides various financial products and services to micro or small enterprises, medium or large corporates, and employees in China. The company offers RMB or foreign currency deposits, including demand deposits, term deposits, call deposits, and contract deposits in RMB; basic, ordinary, temporary, and special purpose RMB deposit accounts; and current and capital foreign exchange accounts. It also provides working capital loans, project loans, inventory loans, bill discounting services, project loan bill acceptance services, and trade financing services, as well as mortgage loans; LC credit limit, import LC, shipping guarantee, and trust receipt loans for importers; and financing on the order, export LC financing, package loan, discounted commercial invoice, forfeiting, and financing on export insurance services for exporters. In addition, the company offers salary card, salary payment, wealth management, credit card, consumer finance, online corporate banking, corporate card, and risk hedging services; and cash management services, including account, collection and payment, investment and financing, liquidity, and risk management. Further, it provides trade services, such as international remittance, RMB cross-border settlement, letter of credit, international collection, letter of guarantee and SBLCs, foreign exchange spot and forward, and trade specialist contact. The company operates through a network of 136 branches. Bank of Nanjing Co., Ltd. was founded in 1996 and is based in Nanjing, China.

URL

https://www.njcb.com.cn/

IPO date

Jul 19, 2007

Employees

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	35,620,244 -18.80%	43,868,739 8.33%	40,496,366 19.54%
Cost of revenue	4,222,494	13,271,096	11,957,419
Unusual Expense (Income)
NOPBT	31,397,750	30,597,643	28,538,947
NOPBT Margin	88.15%	69.75%	70.47%
Operating Taxes	3,243,551	3,195,153	3,218,715
Tax Rate	10.33%	10.44%	11.28%
NOPAT	28,154,199	27,402,490	25,320,232
Net income	18,502,084 0.51%	18,408,039 16.09%	15,856,757 21.04%
Dividends	(9,411,462)	(7,322,835)	(7,398,093)
Dividend yield	10.50%	5.87%	7.45%
Proceeds from repurchase of equity
BB yield
Debt
Debt current		520,597,513	446,934,468
Long-term debt	858,283	257,662,753	256,913,799
Deferred revenue		61,149	54,335
Other long-term liabilities	1,181,157,974	(1,764,062)	(1,079,809)
Net debt	(52,936,620)	(290,065,816)	(236,218,916)
Cash flow
Cash from operating activities	37,058,939	97,820,568	120,648,546
CAPEX	(2,113,824)	(798,087)	(2,247,589)
Cash from investing activities	(57,577,174)	(98,976,229)	(128,371,356)
Cash from financing activities	16,084,022	19,640,313	5,880,162
FCF	660,929,812	(125,405,936)	(416,092,009)
Balance
Cash	38,919,007	151,961,031	131,448,752
Long term investments	14,875,896	916,365,051	808,618,431
Excess cash	52,013,891	1,066,132,645	938,042,365
Stockholders' equity	146,684,068	131,788,978	99,753,863
Invested Capital	1,841,571,210	1,589,860,907	1,324,066,225
ROIC	1.64%	1.88%	2.56%
ROCE	1.66%	1.78%	2.00%
EV
Common stock shares outstanding	12,143,004	11,979,496	11,086,631
Price	7.38 -29.17%	10.42 16.29%	8.96 10.89%
Market cap	89,615,370 -28.21%	124,826,348 25.66%	99,336,214 29.43%
EV	49,561,336	(153,947,012)	(125,827,882)
EBITDA	32,407,332	31,746,656	29,572,399
EV/EBITDA	1.53
Interest	49,296,926	41,974,676	37,156,875
Interest/NOPBT	157.01%	137.18%	130.20%