Jinshang Bank Co., Ltd. Class H (2558) AI Stock Analysis

• Market Cap: HK$8.17B
• Dividend Yield: 7.84%
• Average Volume (3M): 2.00K
• Price to Earnings (P/E): 4.3
• Beta (1Y): 0.08
• Revenue Growth: -1.50%
• EPS Growth: -14.15%
• Country: HK
• Employees: 4,373
• Sector: Financial
• Sector Strength: 76
• Industry: Banks - Regional
• EPS (TTM): 0.14
• Shares Outstanding: 970,650,000
• 10 Day Avg. Volume: 1,400
• 30 Day Avg. Volume: 2,000
• PEG Ratio: 0.44
• Price to Book (P/B): 0.24
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.22
• 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

• Rating: 69 Neutral
• Price Target: ―

Jinshang Bank Co., Ltd. is fundamentally strong with good profitability and low leverage, although it faces challenges with declining revenue and negative cash flow. Its low valuation and high dividend yield make it attractive, despite mixed technical indicators suggesting some caution. The focus on cash flow improvements will be crucial for better performance.

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

Company Description

Jinshang Bank Co., Ltd. provides commercial banking services in Shanxi Province, China. The company operates through Corporate Banking, Retail Banking, and Treasury Business segments. The company offers corporate banking services, including deposits and corporate loans and advances; and trade financing, agency, wealth management, consulting and advisory, remittance and settlement, and guarantee services to corporations, government agencies, and financial institutions. It also provides retail banking products and services, such as personal loans, deposit-taking activities, personal wealth management services, and remittance services to retail customers. In addition, the company engages in treasury business operations; and inter-bank money market transactions, repurchases transactions, investments, bond investment, and trading activities, as well as debt issuance activities. Further, it is involved in investment management business, including debt securities investment; debt securities distribution activities; and underwriting debt financing instruments. Additionally, the company provides special purpose vehicle investments to invest in trust plans, asset management plans, wealth management products, and investment funds. The company was formerly known as Taiyuan City Commercial Bank Co., Ltd. and changed its name to Jinshang Bank Co., Ltd. in December 2008. Jinshang Bank Co., Ltd. was founded in 1998 and is headquartered in Taiyuan, China.

How the Company Makes Money

Jinshang Bank Co., Ltd. makes money primarily through its interest income derived from loans and advances extended to individuals and businesses. The bank also generates revenue from non-interest income, such as fees and commissions related to wealth management, transaction services, and other financial advisory services. Additionally, the bank engages in treasury operations, which include trading and investment activities that contribute to its earnings. Strategic partnerships and collaborations with other financial institutions and businesses further enhance its revenue streams by expanding its market reach and product offerings.

Jinshang Bank Co., Ltd. Class H Financial Statement Overview

Summary

Jinshang Bank Co., Ltd. exhibits strong profitability and a solid balance sheet with low leverage. However, declining revenue and negative cash flow present significant challenges. The bank's ability to maintain profitability while addressing these cash flow issues will be crucial moving forward.

Income Statement

Jinshang Bank Co., Ltd. shows strong profitability with a consistent gross profit margin and a decent net profit margin. However, there is a notable decline in total revenue by 5.80% from 2023 to 2024. EBIT margin remains robust, indicating efficient cost management.

Balance Sheet

The bank has a solid equity base with a debt-to-equity ratio of 0.07 in 2024, indicating low leverage. However, the equity ratio has marginally decreased to 7.45% due to high total liabilities. Return on equity remains strong, reflecting efficient use of equity capital.

Cash Flow

Cash flow analysis reveals significant challenges, with negative free cash flow in 2024 and a negative operating cash flow. The free cash flow to net income ratio is concerning, indicating issues in converting earnings into cash. Despite this, positive financing cash flow suggests external financial support.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
5.97B	4.37B	4.90B	5.20B	4.74B
	Gross Profit
4.12B	4.37B	4.90B	5.20B	4.74B
	EBIT
1.91B	2.11B	9.00B	1.70B	1.61B
	EBITDA
0.00	0.00	0.00	0.00	0.00
	Net Income Common Stockholders
1.76B	2.00B	1.84B	1.69B	1.57B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
8.64B	12.06B	20.33B	28.65B	23.87B
	Total Assets
376.31B	361.31B	336.42B	303.29B	270.94B
	Total Debt
2.00B	22.14B	33.86B	59.30B	52.55B
	Net Debt
-6.64B	-38.28B	13.53B	30.65B	28.67B
	Total Liabilities
348.28B	336.49B	313.07B	281.13B	249.90B
	Stockholders Equity
28.02B	24.80B	23.34B	22.14B	21.01B
Cash Flow		Free Cash Flow
-9.17B	8.00B	24.83B	2.42B	-105.70M
	Operating Cash Flow
-9.03B	8.26B	24.98B	2.61B	116.07M
	Investing Cash Flow
-14.96B	11.67B	-8.93B	232.42M	1.65B
	Financing Cash Flow
20.57B	19.55B	-27.22B	4.38B	-572.21M

Jinshang Bank Co., Ltd. Class H Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.40
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2558, the sentiment is Positive. The current price of 1.4 is above the 20-day moving average (MA) of 1.39, above the 50-day MA of 1.39, and below the 200-day MA of 1.42, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 56.48 is Neutral, neither overbought nor oversold. The STOCH value of 40.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:2558.

Jinshang Bank Co., Ltd. Class H Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2558	69 Neutral	HK$8.17B	4.30	6.92%	7.84%	-1.50%	-14.15%
Sector *	65 Neutral	$12.76B	9.91	7.89%	78.91%	12.06%	-7.95%
ACGBF		$278.19B	6.31	10.80%	4.58%	―	―
CGMBF		$28.49B	4.61	5.54%	7.10%	―	―
CIHHF		$163.12B	8.55	14.86%	4.11%	―	―
HHSSF		$6.26B	3.02	9.68%	4.66%	―	―
5H6		€449.71M	7.56	1.79%	―	―	―

Jinshang Bank Co., Ltd. Class H Corporate Events

Jinshang Bank Releases Q1 2025 Financial Information

Jinshang Bank Co., Ltd. has released its unaudited financial information for the first quarter of 2025, in compliance with the disclosure regulations for provincial state-owned enterprises in Shanxi Province. The announcement provides insights into the bank’s shareholder structure, with the Shanxi Finance Bureau being the largest shareholder, holding 12.25% of the total share capital. This disclosure is part of the bank’s efforts to maintain transparency and adhere to local financial regulations, which may impact its operations and stakeholder relations.

Jinshang Bank Declares Final Cash Dividend for 2024

Jinshang Bank Co., Ltd. has announced a final cash dividend of RMB 8 per 100 shares for the financial year ending December 31, 2024. The dividend will be paid on July 31, 2025, with the ex-dividend date set for July 2, 2025, and the record date on July 9, 2025. This announcement reflects the bank’s financial performance and commitment to returning value to its shareholders.

Jinshang Bank Announces Leadership Changes with Proposed Director Appointment

Jinshang Bank Co., Ltd. announced the proposed appointment of Mr. Rong Changqing as a non-executive director, pending approval from shareholders and the Shanxi Supervision Bureau. Mr. Rong brings over 33 years of experience in auditing, financial management, and risk control, having held various significant roles in financial institutions. Concurrently, Mr. Ma Hongchao has proposed to resign from his roles as non-executive director and vice chairman of the board, with his resignation effective upon the approval of Mr. Rong’s appointment. These changes in leadership could impact the bank’s strategic direction and governance structure.

Jinshang Bank Reports 2024 Annual Results with Mixed Financial Performance

Jinshang Bank Co., Ltd. announced its audited consolidated annual results for the year ending December 31, 2024. The bank reported a slight decrease in net interest income and net fee and commission income, with operating profit declining by 11.4% compared to the previous year. Despite these challenges, the bank saw a significant increase in the share of profits from associates, highlighting a potential area of growth. The results indicate a challenging financial year with mixed performance across different income streams.

Jinshang Bank Schedules Board Meeting to Review Annual Results

Jinshang Bank Co., Ltd. has announced that its Board of Directors will hold a meeting on March 27, 2025, to consider and approve the annual results for the year ended December 31, 2024. The meeting will also discuss the recommendation for the payment of a final dividend. This announcement is significant as it outlines the bank’s financial performance review and potential dividend distribution, which could impact stakeholders’ expectations and the bank’s market positioning.