Bank of Qingdao Financials
| 002948 Stock | 3.84 0.05 1.32% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Operating Income | 2.8 B | 3.3 B |
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Bank | Select Account or Indicator |
Understanding current and past Bank of Qingdao Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Bank of Qingdao's financial statements are interrelated, with each one affecting the others. For example, an increase in Bank of Qingdao's assets may result in an increase in income on the income statement.
Please note, the presentation of Bank of Qingdao's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Bank of Qingdao's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Bank of Qingdao's management manipulating its earnings.
Bank of Qingdao Stock Summary
Bank of Qingdao competes with BYD Co, China Mobile, Agricultural Bank, Industrial, and China State. Bank of Qingdao is entity of China. It is traded as Stock on SHE exchange.Specialization | Financial Services, Banks - Regional |
| Instrument | China Stock View All |
| Exchange | Shenzhen Stock Exchange |
| ISIN | CNE100003K38 |
| Business Address | Building 3, Qingdao, |
| Sector | Banks |
| Industry | Financials |
| Benchmark | Dow Jones Industrial |
| Website | www.qdccb.com |
| Phone | 86 40 0669 6588 |
You should never invest in Bank of Qingdao without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Bank Stock, because this is throwing your money away. Analyzing the key information contained in Bank of Qingdao's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Bank of Qingdao Key Financial Ratios
Bank of Qingdao's financial ratios allow both analysts and investors to convert raw data from Bank of Qingdao's financial statements into concise, actionable information that can be used to evaluate the performance of Bank of Qingdao over time and compare it to other companies across industries.| Revenue | 11.03 B | ||||
| Gross Profit | 7.36 B | ||||
| Net Income | 3.55 B | ||||
| Total Asset | 607.99 B | ||||
| Retained Earnings | 5.01 B |
Bank of Qingdao Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 373.6B | 459.8B | 522.2B | 529.6B | 608.0B | 437.9B | |
| Other Current Liab | 415.7M | 818.3M | 767.3M | 703.9M | 809.5M | 468.7M | |
| Other Liab | 1.2B | 3.6B | 2.3B | 5.6B | 6.4B | 6.7B | |
| Net Tangible Assets | 21.9B | 22.2B | 24.5B | 35.8B | 41.2B | 24.0B | |
| Retained Earnings | 8.6B | 9.6B | 11.2B | 12.8B | 5.0B | 9.1B | |
| Accounts Payable | 229.1B | 289.2B | 319.9B | 354.5B | 9.6B | 9.1B | |
| Cash | 44.3B | 49.8B | 60.5B | 38.7B | 47.1B | 42.0B | |
| Other Assets | 179.2B | 216.1B | 253.8B | 22.0B | 25.3B | 24.0B | |
| Other Current Assets | 21.5B | 24.5B | 20.8B | 262.5B | 301.9B | 317.0B | |
| Total Liab | 343.1B | 428.9B | 488.9B | 493.0B | 568.0B | 406.2B | |
| Total Current Assets | 71.9B | 99.7B | 131.0B | 348.4B | 400.7B | 420.7B | |
| Intangible Assets | 194.2M | 252.5M | 296.6M | 353.1M | 420.1M | 278.3M | |
| Inventory | 10.5M | 111.3M | 50.1M | 29.4M | 33.9M | 42.1M | |
| Net Debt | 72.1B | 22.9B | 31.6B | 36.2B | 42.2B | 31.2B | |
| Net Invested Capital | 46.7B | 44.9B | 51.8B | 46.1B | 128.3B | 68.8B |
Bank of Qingdao Key Income Statement Accounts
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 7.7B | 9.0B | 10.6B | 11.5B | 11.9B | 7.1B | |
| Total Revenue | 9.6B | 9.6B | 10.4B | 10.4B | 11.0B | 9.1B | |
| Income Before Tax | 2.8B | 2.7B | 3.2B | 3.1B | 3.9B | 3.1B | |
| Net Income | 2.3B | 2.4B | 2.9B | 3.1B | 3.5B | 2.7B | |
| Income Tax Expense | 493.0M | 275.0M | 232.2M | (31.6M) | (28.4M) | (27.0M) | |
| Minority Interest | 562.5M | 621.7M | (70.5M) | (84.8M) | (122.8M) | (116.7M) | |
| Tax Provision | 493.0M | 275.0M | 232.2M | (31.6M) | 262.0M | 271.5M | |
| Net Interest Income | 6.8B | 8.1B | 7.6B | 8.3B | 9.3B | 7.5B | |
| Interest Income | 14.5B | 17.2B | 18.2B | 19.8B | 21.1B | 17.1B |
Bank of Qingdao Key Cash Accounts
Cash flow analysis captures how much money flows into and out of Bank of Qingdao. It measures of how well Bank is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Bank of Qingdao brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Bank had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Bank of Qingdao has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Investments | 3.6B | (36.5B) | (10.7B) | (17.2B) | (17.1B) | (17.9B) | |
| Change In Cash | 12.3B | 6.8B | 13.6B | (31.3B) | 4.1B | 4.3B | |
| Net Borrowings | 9.6B | (4.0B) | 18.7B | (17.2B) | (15.5B) | (14.7B) | |
| Depreciation | 409.7M | 428.9M | 493.1M | 547.5M | 565.2M | 460.5M | |
| Dividends Paid | 1.4B | 1.4B | 1.3B | 1.4B | 1.2B | 1.3B | |
| Capital Expenditures | 301.4M | 729.9M | 627.4M | 494.0M | 403.9M | 415.5M | |
| Net Income | 2.3B | 2.4B | 2.9B | 3.1B | 3.5B | 2.7B | |
| Change To Netincome | (3.9B) | (2.7B) | (3.0B) | 137.8M | 158.5M | 166.4M | |
| End Period Cash Flow | 22.5B | 29.3B | 42.9B | 11.5B | 15.6B | 17.4B | |
| Free Cash Flow | (7.3B) | 44.6B | 2.4B | (2.2B) | 9.7B | 10.2B | |
| Other Non Cash Items | (3.1B) | (2.8B) | (2.8B) | (2.5B) | (3.7B) | (3.9B) |
Bank Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Bank of Qingdao's current stock value. Our valuation model uses many indicators to compare Bank of Qingdao value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bank of Qingdao competition to find correlations between indicators driving Bank of Qingdao's intrinsic value. More Info.Bank of Qingdao is number one stock in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.07 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Bank of Qingdao is roughly 15.17 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Bank of Qingdao by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Bank of Qingdao's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Bank of Qingdao Systematic Risk
Bank of Qingdao's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Bank of Qingdao volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Bank of Qingdao correlated with the market. If Beta is less than 0 Bank of Qingdao generally moves in the opposite direction as compared to the market. If Bank of Qingdao Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Bank of Qingdao is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Bank of Qingdao is generally in the same direction as the market. If Beta > 1 Bank of Qingdao moves generally in the same direction as, but more than the movement of the benchmark.
Bank of Qingdao Total Assets Over Time
Bank of Qingdao December 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Bank of Qingdao help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Bank of Qingdao. We use our internally-developed statistical techniques to arrive at the intrinsic value of Bank of Qingdao based on widely used predictive technical indicators. In general, we focus on analyzing Bank Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Bank of Qingdao's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.13 | |||
| Information Ratio | 0.1389 | |||
| Maximum Drawdown | 15.7 | |||
| Value At Risk | (2.57) | |||
| Potential Upside | 4.42 |
Complementary Tools for Bank Stock analysis
When running Bank of Qingdao's price analysis, check to measure Bank of Qingdao's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bank of Qingdao is operating at the current time. Most of Bank of Qingdao's value examination focuses on studying past and present price action to predict the probability of Bank of Qingdao's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of Qingdao's price. Additionally, you may evaluate how the addition of Bank of Qingdao to your portfolios can decrease your overall portfolio volatility.
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