Bank of Tianjin Co., Ltd. Class H (1578) AI Stock Analysis

• Market Cap: HK$14.57B
• Dividend Yield: 6.13%
• Average Volume (3M): 192.40K
• Price to Earnings (P/E): 3.5
• Beta (1Y): 0.36
• Revenue Growth: -3.34%
• EPS Growth: -22.01%
• Country: HK
• Employees: 6,639
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): N/A
• Shares Outstanding: 1,764,599,000
• 10 Day Avg. Volume: 253,600
• 30 Day Avg. Volume: 192,400
• PEG Ratio: 1.69
• Price to Book (P/B): 0.15
• Price to Sales (P/S): 0.66
• P/FCF Ratio: -0.91
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 64 Neutral
• Price Target: HK$2.50 ▲(3.31% Upside)

The score is driven primarily by mixed financial performance: strong balance-sheet deleveraging and steady equity growth are offset by volatile and recently negative cash flows plus inconsistent profitability signals. Valuation is a key support (very low P/E and high yield), while technical indicators are broadly neutral with a slight bearish tilt due to negative MACD and price below mid-term moving averages.

Positive Factors

Balance Sheet Strength

The significant reduction in leverage enhances financial flexibility, reduces risk, and positions the bank well for future growth opportunities.

Strategic Initiatives

Expanding in high-growth areas like technology and green finance strengthens market position and aligns with economic development trends.

Governance Improvements

Enhanced governance through new leadership and committee structures can improve oversight, strategic planning, and stakeholder confidence.

Negative Factors

Cash Flow Volatility

Negative cash flow introduces uncertainty around liquidity and capital flexibility, potentially impacting operational stability and growth investments.

Profitability Concerns

Volatile profitability and negative margins raise questions about earnings quality and sustainability, impacting long-term financial health.

Revenue Growth Challenges

Negative revenue growth suggests challenges in market expansion and competitive positioning, potentially limiting future earnings potential.

Bank of Tianjin Co., Ltd. Class H Business Overview & Revenue Model

Company Description

Bank of Tianjin Co., Ltd. provides a range of banking and related financial services primarily in the People's Republic of China. It operates through Corporate Banking, Personal Banking, and Treasury Operations segments. The Corporate Banking segment offers deposit taking, corporate loan, trade financing, and other types of corporate intermediary services to corporations, government agencies, and financial institutions. The Personal Banking segment provides deposit products, personal loans, cards, personal wealth management services, and other types of personal intermediary services to individual customers. The Treasury Operations segment is involved in debt instruments investment activities, as well as offers money market, foreign exchange, precious metal, and derivatives transactions services. The company was formerly known as Tianjin City Cooperative Bank Co., Ltd. and changed its name to Bank of Tianjin Co., Ltd. in February 2007. Bank of Tianjin Co., Ltd. was incorporated in 1996 and is headquartered in Tianjin, China.

How the Company Makes Money

Bank of Tianjin Co., Ltd. makes money primarily through interest income generated from its lending activities, including personal loans, mortgages, and corporate loans. The bank earns interest on the credit it extends to customers, while it also pays interest on deposits, with the difference constituting its net interest income. Additionally, the bank earns fees and commissions from various banking services, such as wealth management, payment services, and foreign exchange transactions. Treasury operations, including investments in securities and capital market activities, also contribute to its revenue. Strategic partnerships with other financial institutions and businesses may enhance the bank's service offerings and revenue streams.

Bank of Tianjin Co., Ltd. Class H Financial Statement Overview

Summary

Balance sheet is a clear strength with material deleveraging (debt-to-equity down to ~0.50x in 2024) and steady equity growth. However, cash generation is volatile with operating and free cash flow turning negative again in 2024, and income-statement profitability signals are mixed (net margin down in 2024 and consistently negative operating margin), limiting confidence in underlying earnings quality.

Income Statement

Revenue rebounded sharply in 2024 after two down years, showing improved top-line momentum. Net income has been relatively steady to modestly higher over time (with 2024 slightly above 2023), indicating resilience. However, profitability appears volatile: net margin fell meaningfully in 2024 versus 2023, and the reported operating profit margin is consistently negative across years, which raises questions about earnings quality/statement consistency and limits confidence in underlying profitability trends.

Balance Sheet

Leverage has improved materially: debt-to-equity declined from elevated levels (roughly 2.4x in 2019, ~2.1x in 2020) to ~0.50x in 2024, which strengthens balance-sheet flexibility. Equity has grown steadily alongside asset growth, supporting stability. Returns on equity are positive but mid-single-digit in recent years (roughly 5.5%–5.9% from 2021–2024), suggesting acceptable but not standout profitability for a regional bank.

Cash Flow

Cash generation is inconsistent. Operating cash flow and free cash flow were strongly positive in 2022–2023, but both turned negative again in 2024 (and were also negative in 2021), creating volatility in internally generated funding. While free cash flow has at times tracked net income reasonably, the sharp swing to negative cash flow in 2024 is a key weakness and introduces higher uncertainty around near-term liquidity and capital flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	6.71B	15.80B	8.69B	8.23B	7.84B	8.97B
Gross Profit	6.71B	15.80B	16.35B	8.23B	7.84B	8.97B
EBITDA	0.00	0.00	0.00	4.62B	4.24B	0.00
Net Income	3.18B	3.80B	3.76B	3.56B	3.20B	4.31B
Balance Sheet
Total Assets	965.67B	925.99B	840.77B	761.08B	719.90B	687.76B
Cash, Cash Equivalents and Short-Term Investments	93.26B	109.51B	78.22B	75.60B	64.18B	66.36B
Total Debt	148.69B	34.01B	84.35B	94.63B	99.53B	109.76B
Total Liabilities	895.76B	856.58B	775.74B	700.46B	662.36B	633.81B
Stockholders Equity	69.04B	68.55B	64.19B	59.78B	56.70B	53.13B
Cash Flow
Free Cash Flow	-5.71B	-11.41B	21.19B	16.51B	-8.18B	6.42B
Operating Cash Flow	-5.51B	-11.02B	21.68B	17.18B	-7.47B	7.31B
Investing Cash Flow	-333.71M	-667.42M	-10.46B	-2.01B	12.22B	-5.11B
Financing Cash Flow	11.59B	23.18B	-12.65B	-8.33B	-14.14B	-17.22B

Bank of Tianjin Co., Ltd. Class H Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.42
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1578, the sentiment is Positive. The current price of 2.42 is above the 20-day moving average (MA) of 2.39, below the 50-day MA of 2.43, and above the 200-day MA of 2.37, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 49.79 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1578.

Bank of Tianjin Co., Ltd. Class H Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
6196	66 Neutral	HK$17.09B	6.79	―	1.89%	-5.02%	-3.28%
1578	64 Neutral	HK$14.57B	3.53	5.84%	6.13%	-3.34%	-22.01%
6199	59 Neutral	HK$14.44B	3.58	7.71%	5.32%	-1.24%	4.34%
9677	58 Neutral	HK$15.19B	6.89	8.48%	3.57%	6.65%	16.74%
1216	57 Neutral	HK$12.06B	4.03	3.11%	4.24%	-7.58%	12.65%
9668	55 Neutral	HK$16.16B	3.39	5.51%	―	-5.76%	18.15%

Bank of Tianjin Co., Ltd. Class H Corporate Events

Bank of Tianjin Shareholders Approve Appointment of New Independent Director

Bank of Tianjin shareholders approved, by poll at the bank’s second extraordinary general meeting of 2025, the appointment of Han Liang as an independent non-executive director, with the resolution receiving 100% of the valid votes cast. The meeting, which recorded a voting participation of about 62% of shares with voting rights and was validated as legally compliant by external counsel and scrutineers, positions Han to join the board’s Strategic Development, Audit, and Related Party Transactions Control committees once his qualification is formally cleared by the Tianjin Financial Regulatory Bureau, potentially strengthening the bank’s governance, oversight, and strategic planning structures.

Bank of Tianjin Announces 2025 Second Extraordinary General Meeting

Bank of Tianjin Co., Ltd. has announced the convening of its 2025 second extraordinary general meeting (EGM) on December 24, 2025, in Tianjin, China. The primary agenda is the proposed appointment of Mr. Han Liang as an independent non-executive director, which could influence the bank’s governance and strategic direction.

Bank of Tianjin Proposes New Independent Non-Executive Director

Bank of Tianjin Co., Ltd. has proposed the appointment of Mr. Han Liang as an independent non-executive director, pending approval from shareholders and the Tianjin Financial Regulatory Bureau. Mr. Han, a professor with extensive experience in law and capital markets, will serve on several committees, contributing to the board’s diversity and effectiveness, with a standard director’s allowance of RMB250,000 per annum.

Bank of Tianjin Reports Growth in Assets and Strategic Initiatives in 2025

Bank of Tianjin reported steady operational performance for the first nine months of 2025, with total assets increasing by 4.63% to RMB968.903 billion and operating income rising by 0.48% to RMB12.939 billion. The bank has been actively enhancing its core competitiveness and expanding its financial services, particularly in science and technology finance and green finance, which saw significant growth in loan balances and bond underwriting. These strategic initiatives are aimed at supporting high-quality economic development and strengthening the bank’s market position.

Bank of Tianjin Enhances Governance with New Audit Committee Terms

Bank of Tianjin Co., Ltd. has established a new set of Terms of Reference for its Audit Committee to enhance corporate governance, internal supervision, and risk control. The Audit Committee, accountable to the Board of Directors, is tasked with inspecting, supervising, and evaluating the company’s financial information, internal control, and audit processes, thereby improving decision-making quality and efficiency.

Bank of Tianjin Enhances Governance with New Committee

Bank of Tianjin Co., Ltd. has established a Nomination and Remuneration Committee under its Board of Directors to enhance its corporate governance structure. This committee is tasked with overseeing the election procedures for directors and senior management, formulating assessment plans, and setting remuneration packages. The committee’s composition and duties are designed to ensure effective decision-making and uphold the company’s governance standards, which could impact its operational efficiency and stakeholder confidence.

Bank of Tianjin Enhances Governance with New Committee

Bank of Tianjin Co., Ltd. has established a Nomination and Remuneration Committee to improve its governance structure and decision-making efficiency. This committee is responsible for setting procedures and standards for electing directors and senior management, reviewing candidate qualifications, and formulating assessment and remuneration plans. The committee aims to enhance the company’s operations by ensuring effective leadership and accountability.

Bank of Tianjin Announces Regulatory Approval and Structural Changes

The Bank of Tianjin Co., Ltd. announced the approval of amendments to its Articles of Association by the Tianjin Financial Regulatory Bureau, effective October 22, 2025. This approval leads to the cancellation of the Board of Supervisors and its special committees, with current supervisors stepping down without disagreements. The bank expressed gratitude for their contributions.