Chongqing Rural Commercial Bank Co

Chongqing Rural Commercial Bank Co

601077 · SHG · Financial Services / Banks - Regional

7.32CNY+0.11 (+1.53%)

Price History

Full chart

Market Stats

Previous Close7.21
Open7.17
Day Range7.12 – 7.38
52-Week Range5.92 – 7.55
Volume67.55M
Market Cap76.21B
P/E (TTM)6.16
Forward P/E6.48
EPS1.09
Dividend Yield4.78%
Beta0.12
50-Day Avg6.68
200-Day Avg6.71

About

Chongqing Rural Commercial Bank Co., Ltd., together with its subsidiaries, provides banking and related financial services in the People's Republic of China. It operates through Corporate Banking, Personal Banking, and Financial Market Operations segments. The Corporate Banking segment offers current accounts, deposits, overdrafts, loans, and trade-related products, as well as engages in foreign currency and other credit services for corporations, government agencies, and financial institutions. Its Personal Banking segment provides personal loans, deposit products, cards, personal wealth management services, and other types of personal intermediary services to individual customers. The Financial Market Operations segment engages in money market or repurchase transaction services. It also provides financial leasing; personal, corporate, and micro finance; investment; and e-banking services. The company provides its services through its head office and business departments, branches, first-class sub-branches, second-class sub-branches, branch offices, off-site branches, and village and township banks, as well as smart integrated counters, automatic teller machines, and rural convenience financial self-service outlets. The company was formerly known as Chongqing Rural Credit Cooperative and changed its name to Chongqing Rural Commercial Bank Co., Ltd., in June 2008. Chongqing Rural Commercial Bank Co., Ltd. was founded in 1951 and is headquartered in Chongqing, China.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. Xiaojun Liu
  • Employees14.12K
  • HeadquartersNo. 36 Jinshamen Road, Chongqing, China, 400023, China
  • Websitehttps://www.cqrcb.com

Leadership

  • Mr. Xiaojun LiuExecutive Chairman · b. 1977
  • Mr. Bin TanVP & Secretary to the Board · b. 1976
  • Mr. Guohua ZhouVice President · b. 1965
  • Ms. Li TangVice President · b. 1976
  • Mr. Jin ZhangVice President · b. 1972
  • Huan LiGeneral Manager of Finance Department
  • Yi LiuHead of Accounting Department
  • Jiang LiChief Risk Officer, GM of Asset and Liability Management Dept & Risk Management Dept
  • Ms. Wing Han Leung C.P.A., FCCA, FCIS, FCS, FICSCompany Secretary
  • Mr. Guoxiang ZhangGeneral Manager of Inclusive Finance Department · b. 1964

Financials

Income Statement

Currency: CNY2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue5.68B7.74B17.26B22.35B26.53B32.20B33.67B32.54B38.04B45.82B47.20B48.86B56.53B54.73B53.21B22.27B28.62B
Growth (%)-+36.43%+122.90%+29.48%+18.70%+21.38%+4.55%-3.37%+16.91%+20.46%+3.00%+3.53%+15.69%-3.17%-2.79%-58.13%+28.49%
Cost of Revenue--7.03B9.24B11.48B14.75B15.03B13.46B17.79B19.71B21.76B21.61B25.51B25.85B26.39B-5.44B
Gross Profit5.68B7.74B10.23B13.11B15.05B17.46B18.64B19.08B20.25B26.12B25.43B27.25B31.01B28.88B26.81B22.27B23.18B
Gross Margin100.00%100.00%59.25%58.66%56.74%54.21%55.35%58.63%53.24%57.00%53.89%55.77%54.86%52.77%50.39%100.00%80.98%
Operating Expense3.19B3.91B4.73B6.04B7.14B8.35B9.05B8.43B8.29B14.35B13.20B17.19B19.81B17.32B14.62B8.92B9.47B
Operating Income2.49B3.83B5.50B7.07B7.92B9.11B9.59B10.64B11.96B11.77B12.23B10.06B11.20B11.56B12.20B13.35B13.71B
Operating Margin43.79%49.51%31.84%31.62%29.84%28.29%28.47%32.72%31.44%25.69%25.92%20.59%19.81%21.12%22.92%59.94%47.90%
EBITDA3.44B4.44B5.84B7.44B8.41B9.69B10.25B11.34B12.77B12.52B13.01B10.91B12.05B12.38B13.05B-13.71B
EBITDA Margin60.57%57.38%33.85%33.30%31.70%30.09%30.43%34.86%33.56%27.33%27.58%22.33%21.32%22.62%24.53%-47.90%
Net Income1.89B3.06B4.25B5.36B5.99B6.83B7.22B7.94B8.94B9.06B9.76B8.40B9.56B10.28B10.90B11.51B12.42B
Net Income Margin33.26%39.53%24.60%23.99%22.58%21.20%21.45%24.42%23.49%19.77%20.68%17.19%16.91%18.77%20.49%51.69%43.40%
Interest Expense3.23B3.97B7.03B9.24B11.48B14.75B15.03B13.46B17.79B19.71B21.76B21.61B25.51B25.85B26.39B24.59B22.20B
Interest Expense % of Total Revenue56.87%51.28%40.75%41.34%43.26%45.79%44.65%41.37%46.76%43.00%46.11%44.23%45.14%47.23%49.61%110.41%77.58%

Balance Sheet

Currency: CNY2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets201.36B285.55B344.14B433.82B502.45B618.89B716.81B803.16B905.78B950.62B1.03T1.14T1.27T1.35T1.44T1.52T1.67T
Total Liabilities191.88B263.12B316.28B401.59B465.56B576.04B668.52B748.97B840.53B878.47B940.43B1.04T1.16T1.24T1.32T1.38T1.53T
Total Equity9.48B22.35B27.86B31.92B36.25B41.43B46.76B52.59B63.69B70.75B88.21B93.67B104.95B113.72B115.74B132.13B131.13B
Cash37.57B54.54B73.37B100.98B117.49B183.56B197.27B232.99B245.03B256.69B223.41B264.26B169.44B147.56B240.07B215.15B55.09B
Total Debt2.30B2.30B2.30B2.30B2.30B5.00B34.85B58.49B103.90B159.61B171.49B304.19B225.43B171.73B404.35B418.17B464.72B
Net Debt-35.27B-52.24B-71.07B-98.68B-115.19B-178.56B-162.42B-174.50B-141.13B-97.08B-51.92B-90.90B55.99B24.17B239.93B-215.15B409.63B

Cash Flow

Currency: CNY2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow5.93B8.76B-5.82B21.80B6.29B49.29B85.94B6.09B-19.37B-81.22B23.85B42.37B41.23B70.90B39.46B4.60B19.16B
Investing Cash Flow-7.99B-16.88B-7.38B-11.38B2.06B-30.09B-85.13B-40.28B-44.95B18.82B-51.85B-37.89B-72.05B-15.31B30.84B-53.10B-141.82B
Financing Cash Flow2.08B10.21B832.01M-1.29B-1.40B1.59B27.24B20.45B78.55B48.36B54.97B-5.69B47.37B-59.93B-58.62B45.25B134.97B
Capital Expenditure473.94M739.38M25.11B912.50M1.18B1.63B1.62B709.14M786.20M591.26M837.52M790.13M880.67M610.87M1.04B490.21M1.73B
Free Cash Flow5.46B8.02B-30.93B20.89B5.11B47.66B84.32B5.38B-20.15B-81.81B23.01B41.58B40.35B70.29B24.42B4.11B17.42B
Dividends Paid219.94M366.73M409.32M1.30B1.58B1.77B1.86B1.73B1.97B2.01B1.99B2.62B2.52B3.03B3.32B3.51B3.72B
FCF to OCF92.01%91.56%531.19%95.81%81.23%96.69%98.11%88.35%104.06%100.73%96.49%98.14%97.86%99.14%61.89%89.34%90.96%
Dividend Paid to FCF4.03%4.57%-1.32%6.23%30.93%3.70%2.20%32.13%-9.77%-2.46%8.64%6.29%6.25%4.31%13.60%85.57%21.33%

Earnings

Report DateMar 26, 2020Apr 25, 2020Aug 26, 2020Oct 29, 2020Mar 31, 2021Apr 29, 2021Aug 25, 2021Oct 28, 2021Mar 30, 2022Apr 28, 2022Aug 25, 2022Oct 28, 2022Mar 30, 2023Apr 27, 2023
EPS Estimate--------------
EPS Actual0.100.270.190.230.060.290.220.270.070.320.240.240.080.09
Surprise--------------
TimingAfter-hoursPre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursPre-market

Key Statistics & Ratios

Market Cap76.21B
Enterprise Value306.95B
Trailing P/E6.16
Forward P/E6.48
Price / Sales3.16
Price / Book0.51
EPS1.09
Book Value12.32
Revenue (TTM)24.12B
Gross Profit (TTM)24.12B
Profit Margin52.24%
Operating Margin70.35%
Return on Equity8.98%
Return on Assets0.76%
Shares Outstanding8.84B
Shares Float7.50B
Beta0.12
Dividend Yield4.78%
Dividend Rate0.32
Payout Ratio29.44%

Dividends

20231×
0.27Jun 29, 2023
20221×
0.25Jun 29, 2022
20211×
0.22Jun 29, 2021
20201×
0.23Jun 19, 2020