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Shengjing Bank Co., Ltd. (2066.HK)
Key financial summary
Financials in CNY| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total net revenue | CNY bn | -7 | -22 | -23 | -24 | -23 | -18 | 7 |
| Operating profit | CNY bn | 2 | 2 | |||||
| Net profit | CNY bn | 5 | 1 | 0 | 1 | 1 | 1 | 1 |
| EPS reported | CNY | 0.07 | 0.06 | |||||
| Operating cashflow per share | CNY | -6.56 | -6.56 | |||||
| Capex per share | CNY | 0.04 | 0.04 | |||||
| FCF per share | CNY | -6.61 | -6.61 | |||||
| Free cash flow | CNY bn | -58 | -24 | |||||
| Net debt | CNY bn | -22 | -63 | |||||
| Book value equity | CNY bn | 80 | 80 | |||||
| Book value per share | CNY | 9.05 | 9.10 | |||||
| Number of shares | m | 8,796.68 | 8,796.68 | |||||
| DPS (TTM paid) | CNY | 0.00 | 0.00 |
Financial summary
Financials in CNY| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 15.97 | - | |||||
| P/B LTM | x | 0.12 | 0.15 | |||||
| P/S LTM | x | -0.54 | 1.79 | |||||
| P/FCF LTM | x | -0.17 | -0.49 | |||||
| EV/EBITDA LTM | x | -7.76 | -21.57 | |||||
| EV/Sales LTM | x | -1.61 | -7.74 | |||||
| Earnings Yield LTM | % | 6.26% | 5.23% | |||||
| FCF Yield | % | -586.28% | -204.68% | |||||
| Quality | ||||||||
| ROE | % | 0.78% | 0.78% | |||||
| ROIC | % | 0.10% | 0.10% | |||||
| Operating margin | % | 22.66% | 22.66% | |||||
| Gross margin | % | 100.00% | 100.00% | |||||
| FCF/Sales | % | -770.89% | -770.89% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | -15.25% | -5.70% | |||||
| Sales Growth YoY | % | - | -3.29% | |||||
| Net Income Growth YoY | % | -15.21% | -5.81% | |||||
| FCF Growth | % | - | - | |||||
| Operating Profit Growth | % | +35.94% | +94.66% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 0.00% | 0.00% | |||||
| Dividend Growth | % | 0.00% | 0.00% | |||||
| Payout Ratio | % | 0.00% | 0.00% | |||||
| FCF/Debt | x | -5.28 | -1.01 | |||||
| Net Debt/EBITDA | x | -14.11 | -14.11 | |||||
| EBIT/Net interest | x | 0.07 | 0.07 | |||||
| Net debt/market cap | % | -222.31% | -533.08% | |||||
| Net debt/Equity | x | -0.28 | -0.79 | |||||
| Gross debt/equity | x | 0.14 | 0.30 | |||||
Company overview
Shengjing Bank Co., Ltd., operating with its subsidiaries, provides a comprehensive suite of banking and financial services throughout Mainland China. Its Corporate Banking segment caters to businesses and government bodies, offering a variety of services such as corporate loans and credit facilities, trade financing, deposit accounts, specialized agency support, and efficient remittance and settlement solutions. The Retail Banking division focuses on individual customers, delivering personal lending products, deposit-taking, bank card services, wealth management advisory, and convenient remittance, settlement, and collection/payment agency functions. Through its Treasury Business, the bank participates in inter-bank money market transactions, executes repurchase agreements, and undertakes investment activities, including trading in debt securities. Further expanding its offerings, the company provides both online and mobile banking platforms, alongside engaging in equity investments. As of December 31, 2021, Shengjing Bank maintained a substantial operational footprint, featuring 212 institutional outlets. This network included its head office, three specialized branch-level institutions, 18 branches, five smaller sub-branches, and 185 traditional sub-branches. Complementing these physical locations were 1,852 self-service terminals, encompassing diverse equipment like deposit/withdrawal machines, inquiry/payment kiosks, mobile card opening devices, VTM tellers, smart counters, high-speed all-in-one machines, and interactive desktops. Originally incorporated in 1997 as Shenyang Commercial Bank Co., Ltd., the company officially adopted the name Shengjing Bank Co., Ltd. in February 2007. Its corporate headquarters are located in Shenyang, People's Republic of China.
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Shengjing Bank Co., Ltd. (2066.HK)
Shengjing Bank Co., Ltd., operating with its subsidiaries, provides a comprehensive suite of banking and financial services throughout Mainland China. Its Corporate Banking segment caters to businesses and government bodies, offering a variety of services such as corporate loans and credit facilities, trade financing, deposit accounts, specialized agency support, and efficient remittance and settlement solutions. The Retail Banking division focuses on individual customers, delivering personal lending products, deposit-taking, bank card services, wealth management advisory, and convenient remittance, settlement, and collection/payment agency functions. Through its Treasury Business, the bank participates in inter-bank money market transactions, executes repurchase agreements, and undertakes investment activities, including trading in debt securities. Further expanding its offerings, the company provides both online and mobile banking platforms, alongside engaging in equity investments. As of December 31, 2021, Shengjing Bank maintained a substantial operational footprint, featuring 212 institutional outlets. This network included its head office, three specialized branch-level institutions, 18 branches, five smaller sub-branches, and 185 traditional sub-branches. Complementing these physical locations were 1,852 self-service terminals, encompassing diverse equipment like deposit/withdrawal machines, inquiry/payment kiosks, mobile card opening devices, VTM tellers, smart counters, high-speed all-in-one machines, and interactive desktops. Originally incorporated in 1997 as Shenyang Commercial Bank Co., Ltd., the company officially adopted the name Shengjing Bank Co., Ltd. in February 2007. Its corporate headquarters are located in Shenyang, People's Republic of China.
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