Bank Of Qingdao Stock Net Income

002948 Stock   3.84  0.05  1.32%   
Bank of Qingdao fundamentals help investors to digest information that contributes to Bank of Qingdao's financial success or failures. It also enables traders to predict the movement of Bank Stock. The fundamental analysis module provides a way to measure Bank of Qingdao's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Bank of Qingdao stock.
Last ReportedProjected for Next Year
Net Income From Continuing Ops3.7 B2.7 B
Net Income Applicable To Common Shares3.5 B2.3 B
Net Income3.5 B2.7 B
As of December 25, 2024, Net Income From Continuing Ops is expected to decline to about 2.7 B. In addition to that, Net Income Applicable To Common Shares is expected to decline to about 2.3 B.
  
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Bank of Qingdao Company Net Income Analysis

Bank of Qingdao's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Bank of Qingdao Net Income

    
  3.55 B  
Most of Bank of Qingdao's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Bank of Qingdao is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Bank Operating Income

Operating Income

2.79 Billion

At present, Bank of Qingdao's Operating Income is projected to increase significantly based on the last few years of reporting.
Based on the recorded statements, Bank of Qingdao reported net income of 3.55 B. This is 177.79% higher than that of the Banks sector and significantly higher than that of the Financials industry. The net income for all China stocks is significantly lower than that of the firm.

Bank Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bank of Qingdao's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bank of Qingdao could also be used in its relative valuation, which is a method of valuing Bank of Qingdao by comparing valuation metrics of similar companies.
Bank of Qingdao is currently under evaluation in net income category among its peers.

Bank Fundamentals

About Bank of Qingdao Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Bank of Qingdao's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bank of Qingdao using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bank of Qingdao based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Bank Stock

Bank of Qingdao financial ratios help investors to determine whether Bank Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bank with respect to the benefits of owning Bank of Qingdao security.