002958.SHE Qingdao Rural Commercial Bank Corp Class A
- Market cap
- CNY 16.4B
- P/E
- 6.7x
- P/B
- 0.37x
- ROE
- 10.1%
- Dividend yield
- 15.36%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002958.SHE undervalued?
Graham number002958.SHE trades 66.6% below its Graham number.
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?
Qingdao Rural Commercial Bank Corp Class A fundamental analysis
No fundamental analysis for Qingdao Rural Commercial Bank Corp Class A yet.
Qingdao Rural Commercial Bank Corp Class A stock price
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About Qingdao Rural Commercial Bank Corp Class A
Qingdao Rural Commercial Bank Co., Ltd. provides various banking products and services in China. The company accepts deposits; offers loans, settlements, bill acceptance and discounting, letter of credit and guarantees, foreign exchange credit, and consulting and witnessing services. It also acts as an insurance agency; and underwrites government bonds and financial bonds. In addition, the company engages in the interbank lending of RMB and foreign currencies, and bank card …
Full company profileQingdao Rural Commercial Bank Corp Class A 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.
Qingdao Rural Commercial Bank Corp Class A 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 | 9.12B | 10.3B | 13.0B | 15.0B | 16.7B | 18.9B | 18.7B | 19.4B | 19.7B | 9.99B | 10.6B |
| Gross Profit | 5.74B | 5.99B | 7.46B | 8.71B | 9.57B | 10.3B | 9.94B | 10.3B | 11.0B | - | - |
| Operating Income | 2.51B | 2.77B | 3.03B | 3.11B | 3.11B | 3.31B | 2.07B | 2.23B | 2.49B | - | - |
| EBITDA | 2.76B | 3.08B | 3.35B | 3.41B | 3.42B | 3.73B | 2.47B | 2.64B | 2.88B | - | - |
| Net Income | 1.93B | 2.14B | 2.42B | 2.82B | 2.96B | 3.07B | 2.32B | 2.57B | 2.86B | 3.13B | 4.53B |
| EPS | 0.39 | 0.43 | 0.48 | 0.52 | 0.51 | 0.48 | 0.35 | 0.38 | 0.41 | 0.56 | 0.82 |
| Balance Sheet | |||||||||||
| Total Assets | 208B | 251B | 294B | 342B | 407B | 430B | 435B | 468B | 495B | 503B | 496B |
| Total Liabilities | 192B | 233B | 273B | 316B | 377B | 395B | 398B | 429B | 454B | 458B | 451B |
| Shareholders' Equity | 14.9B | 17.1B | 20.1B | 24.4B | 28.8B | 34.2B | 35.6B | 38.1B | 40.7B | 45.1B | 45.0B |
| Cash & Short-term Investments | 34.7B | 49.0B | 52.3B | 91.7B | 40.5B | 90.9B | 85.5B | 86.9B | 94.1B | 46.1B | 51.2B |
| Total Debt | 24.4B | 39.6B | 55.2B | 71.2B | 124B | 94.3B | 85.5B | 89.8B | 84.0B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 19.4B | 2.12B | -2.36B | -4.84B | 6.33B | 780M | 1.97B | 16.0B | 6.47B | -11.2B | -5.29B |
| Capital Expenditure | 563M | 799M | 245M | 289M | 437M | 336M | 250M | 122M | 124M | 88.4M | 153M |
| Free Cash Flow | 18.9B | 1.32B | -2.61B | -5.13B | 5.90B | 444M | 1.72B | 15.9B | 6.35B | -11.3B | -5.44B |
| Ratios | |||||||||||
| ROE | 12.9% | 12.5% | 12.0% | 11.6% | 10.3% | 9.0% | 6.5% | 6.7% | 7.0% | 6.9% | 10.1% |
| ROA | 0.9% | 0.9% | 0.8% | 0.8% | 0.7% | 0.7% | 0.5% | 0.5% | 0.6% | 0.6% | 0.9% |
| Net Profit Margin | 21.1% | 20.7% | 18.7% | 18.8% | 17.7% | 16.2% | 12.4% | 13.2% | 14.5% | 31.3% | 42.8% |
| Debt to Equity | 1.63x | 2.31x | 2.74x | 2.92x | 4.31x | 2.76x | 2.40x | 2.36x | 2.06x | - | - |
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.
Qingdao Rural Commercial Bank Corp Class A dividends
- Dividend yield
- 15.36%
- Forward dividend
- 0.12 CNY
- Payout ratio
- 80.5%
- Ex-dividend date
- Jul 8, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 2.52B | 0.45 | 80.5% |
| 2024 | CNY 2.83B | 0.41 | 99.1% |
| 2023 | CNY 265M | 0.04 | 10.3% |
| 2022 | CNY 2.96B | 0.44 | 127.9% |
| 2021 | CNY 3.05B | 0.47 | 99.3% |
| 2020 | CNY 2.89B | 0.49 | 97.7% |
| 2019 | CNY 2.90B | 0.54 | 102.6% |
| 2018 | CNY 1.71B | 0.34 | 70.8% |
| 2017 | CNY 736M | 0.15 | 34.5% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Who owns Qingdao Rural Commercial Bank Corp Class A
- Insiders 39.25%
- Institutions 5.13%
- Public & others 55.63%
- Shares outstanding 5.56B
- Free float 3.95B
Qingdao Rural Commercial Bank Corp Class A company profile
- Company name
- Qingdao Rural Commercial Bank Corp Class A
- Ticker
- 002958.SHE
- ISIN
- CNE100003JQ6
- Exchange
- Shenzhen Stock Exchange
- Sector
- Financial Services
- Industry
- Banks
- Employees
- 6,025
- Fiscal year end
- December
- Address
- Building 1, No. 6 Qinling Road,, Qingdao, China, 266061
- Phone
- 86 53 2966 68
- Website
- qrcb.com.cn
About Qingdao Rural Commercial Bank Corp Class A
Qingdao Rural Commercial Bank Co., Ltd. provides various banking products and services in China. The company accepts deposits; offers loans, settlements, bill acceptance and discounting, letter of credit and guarantees, foreign exchange credit, and consulting and witnessing services. It also acts as an insurance agency; and underwrites government bonds and financial bonds. In addition, the company engages in the interbank lending of RMB and foreign currencies, and bank card business. Qingdao Rural Commercial Bank Co., Ltd. was founded in 1951 and is headquartered in Qingdao, China.
Qingdao Rural Commercial Bank Corp Class A management
7- Mr. Fengxing YuPresident & Executive Director · born 1968
- Ms. Yu WangVice president · born 1968
- Mr. Hui JiangVice president · born 1972
- Mr. Guangyuan ZhuSecretary of the Board of Directors · born 1974
- Mr. Hai Bin HouAssistant Governor · born 1974
- Mr. Ji Peng ChenAssistant Governor · born 1978
- Ms. Zhao Hui WuHead of the Planning & Finance Department