002124.SHE Ningbo Tech-Bank Co Ltd
- Market cap
- CNY 3.98B
- P/E
- -
- P/B
- 5.62x
- ROE
- -312.2%
- Dividend yield
- 3.29%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002124.SHE undervalued?
Graham numberThe Graham number of Ningbo Tech-Bank Co Ltd cannot be estimated reliably (it needs positive earnings and book value).
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Ningbo Tech-Bank Co Ltd fundamental analysis
No fundamental analysis for Ningbo Tech-Bank Co Ltd yet.
Ningbo Tech-Bank Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Ningbo Tech-Bank Co Ltd
Tech-Bank Food Co., Ltd., together with its subsidiaries, engages in pig farming and pork product processing in China and internationally. Its main products are commercial pigs, fresh pork, processed pork, and other food-related products. The company was formerly known as Ningbo Tech-Bank Co., Ltd. and changed its name to Tech-bank Food Co., Ltd. in May 2017. Tech-Bank Food Co., Ltd. was founded in 1996 and is headquartered in Shanghai, China.
Full company profileNingbo Tech-Bank Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Ningbo Tech-Bank Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 2.37B | 3.06B | 4.52B | 6.01B | 10.8B | 10.5B | 9.57B | 10.2B | 9.64B | 8.69B | 7.17B |
| Gross Profit | 756M | 744M | 432M | 817M | 4.54B | -2.93B | 930M | -1.33B | 1.63B | 743M | 428M |
| Operating Income | 375M | 256M | -490M | 228M | 3.35B | -4.40B | 510M | -2.85B | 1.52B | -53.2M | -394M |
| EBITDA | 515M | 481M | -175M | 569M | 4.10B | -2.95B | 1.93B | -1.32B | 2.80B | 225M | -1.91B |
| Net Income | 373M | 262M | -572M | 100M | 3.24B | -4.46B | 489M | -2.88B | 1.46B | -1.31B | -2.21B |
| EPS | 0.28 | 0.18 | -0.35 | 0.06 | 1.91 | -2.43 | 0.27 | -1.57 | 0.66 | -0.59 | -0.99 |
| Balance Sheet | |||||||||||
| Total Assets | 2.49B | 4.44B | 6.23B | 7.53B | 15.5B | 18.5B | 19.6B | 17.2B | 13.7B | 12.1B | 9.72B |
| Total Liabilities | 1.07B | 1.40B | 3.83B | 4.64B | 6.70B | 14.8B | 15.6B | 14.9B | 9.92B | 9.63B | 8.93B |
| Shareholders' Equity | 1.40B | 3.03B | 2.38B | 2.88B | 8.78B | 3.45B | 3.91B | 2.22B | 3.68B | 2.37B | 708M |
| Cash & Short-term Investments | 172M | 430M | 479M | 870M | 2.13B | 1.87B | 970M | 1.25B | 150M | 225M | 58.2M |
| Total Debt | 578M | 469M | 1.82B | 2.20B | 2.39B | 7.95B | 7.36B | 4.78B | 4.45B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 513M | 335M | 190M | 532M | 4.45B | -556M | 658M | 264M | -964M | 911M | - |
| Capital Expenditure | 659M | 987M | 1.71B | 1.24B | 5.05B | 2.32B | 1.10B | 600M | 316M | 310M | 83.0M |
| Free Cash Flow | -146M | -652M | -1.52B | -703M | -602M | -2.87B | -439M | -336M | -1.28B | 601M | 399M |
| Ratios | |||||||||||
| ROE | 26.6% | 8.7% | -24.0% | 3.5% | 37.0% | -129.2% | 12.5% | -130.1% | 39.7% | -55.3% | -312.2% |
| ROA | 15.0% | 5.9% | -9.2% | 1.3% | 20.9% | -24.1% | 2.5% | -16.8% | 10.7% | -10.9% | -22.7% |
| Net Profit Margin | 15.7% | 8.6% | -12.7% | 1.7% | 30.1% | -42.5% | 5.1% | -28.2% | 15.1% | -15.1% | -30.9% |
| Debt to Equity | 0.41x | 0.15x | 0.76x | 0.76x | 0.27x | 2.30x | 1.88x | 2.16x | 1.21x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Ningbo Tech-Bank Co Ltd dividends
- Dividend yield
- 3.29%
- Forward dividend
- -
- Payout ratio
- -
- Ex-dividend date
- May 20, 2021
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 131M | 0.06 | - |
| 2024 | CNY 160M | 0.07 | 11.0% |
| 2023 | CNY 177M | 0.10 | - |
| 2022 | CNY 282M | 0.16 | 57.5% |
| 2021 | CNY 788M | 0.43 | - |
| 2020 | CNY 115M | 0.07 | 3.5% |
| 2019 | CNY 84.0M | 0.05 | 83.6% |
| 2018 | CNY 139M | 0.09 | - |
| 2017 | CNY 114M | 0.08 | 43.6% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 1.4:1 on May 20, 2021.
Who owns Ningbo Tech-Bank Co Ltd
- Insiders 18.64%
- Institutions 4.70%
- Public & others 76.65%
- Shares outstanding 2.22B
- Free float 1.87B
Ningbo Tech-Bank Co Ltd company profile
- Company name
- Ningbo Tech-Bank Co Ltd
- Ticker
- 002124.SHE
- ISIN
- CNE100000056
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Apr 3, 2007
- Sector
- Consumer Defensive
- Industry
- Food Products
- Employees
- 6,302
- Fiscal year end
- December
- Address
- Building 1, Shanghai, China, 200233
- Phone
- 86 21 6418 2751
- Website
- tianbang.com
About Ningbo Tech-Bank Co Ltd
Tech-Bank Food Co., Ltd., together with its subsidiaries, engages in pig farming and pork product processing in China and internationally. Its main products are commercial pigs, fresh pork, processed pork, and other food-related products. The company was formerly known as Ningbo Tech-Bank Co., Ltd. and changed its name to Tech-bank Food Co., Ltd. in May 2017. Tech-Bank Food Co., Ltd. was founded in 1996 and is headquartered in Shanghai, China.
Ningbo Tech-Bank Co Ltd management
5- Mr. Banghui ZhangChairman & President · born 1963
- Mr. Chao DuCFO & Accounting Supervisor · born 1986
- Ms. Xiangyun Zhang CPAVP & Secretary · born 1975
- Mr. Yangang ZhangVice President · born 1983
- Ms. Lei ZhangHuman Resource Director · born 1967