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Bank of Qingdao Co., Ltd. Class H (HK:3866)
:3866
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Bank of Qingdao Co., Ltd. Class H (3866) AI Stock Analysis

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HK:3866

Bank of Qingdao Co., Ltd. Class H

(3866)

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Neutral 67 (OpenAI - 4o)
Rating:67Neutral
Price Target:
HK$4.50
▲(13.35% Upside)
The stock's overall score is primarily driven by its solid financial performance and attractive valuation. Despite some inconsistencies in revenue growth and cash flow, the company's profitability and strong equity position are significant strengths. The technical analysis suggests moderate bullish momentum, supporting a positive outlook. The absence of earnings call data and corporate events did not impact the score.
Positive Factors
Strong Profit Margins
High profit margins indicate effective cost management and pricing power, providing a buffer against economic fluctuations and enhancing long-term profitability.
Robust Equity Position
A strong equity position enhances financial stability and provides a solid foundation for future growth and investment opportunities.
Positive Cash Flows
Consistent positive cash flows support ongoing operations and strategic investments, ensuring the company can meet its financial obligations and pursue growth initiatives.
Negative Factors
Inconsistent Revenue Growth
Fluctuating revenue growth can signal challenges in market demand or competitive positioning, potentially impacting long-term growth prospects and investor confidence.
Debt Management Challenges
Variable debt levels can strain financial resources and limit flexibility, posing risks to financial health and the ability to capitalize on growth opportunities.
Cash Flow Volatility
Inconsistent cash flow generation can hinder strategic planning and investment, affecting the company's ability to sustain operations and fund expansion efforts.

Bank of Qingdao Co., Ltd. Class H (3866) vs. iShares MSCI Hong Kong ETF (EWH)

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

Company DescriptionBank of Qingdao Co., Ltd. provides various banking products and services in the People's Republic of China. It operates through Retail Banking, Corporate Banking, and Financial Market segments. The company accepts deposits; provides short, mid, and long-term loans; conducts domestic and overseas settlements, as well as acceptance, discounting, and inter-bank discounting of notes; issues financial bonds; and operates as an agent in issuing, cash-in, and underwriting government and financial bonds. It also trades in government bonds, notes of central banks, financial and corporate bonds, mid-term notes, short-term financing coupons, and other bonds issued and circulated in the national interbank bond market; participates in interbank lending and borrowing, and interbank deposit businesses; and performs foreign exchange trading as an agent. In addition, the company provides bank cards, and letters of credit and guarantee; and receipt and payment, and insurance business agency services, as well as other agency services, including funds and sales of precious metals. Further, it engages in the bond settlement agency business and the fixed deposits business of commercial banks for cash management of central treasury; and provision of safe deposit box and wealth management services, as well as in the foreign exchange settlement and sales businesses. As of December 31, 2021, the company operated 103 in-bank self-service banks; and 407 self-service devices, including 19 ATMs, 263 self-service cash deposit and teller machines, and 125 self-service terminals that provide various services, such as withdrawals, deposits, transfers, account enquiries, and payments. The company was formerly known as Qingdao City Commercial Bank Co., Ltd. and changed its name to Bank of Qingdao Co., Ltd. in 2008. Bank of Qingdao Co., Ltd. was founded in 1996 and is headquartered in Qingdao, the People's Republic of China.
How the Company Makes MoneyThe Bank of Qingdao generates revenue primarily through interest income from loans and advances to customers, which constitutes a significant portion of its earnings. The bank also earns non-interest income through fees and commissions from various services, including wealth management, transaction services, and advisory services. Additionally, the bank invests in securities and government bonds, providing another revenue stream. Significant partnerships with local businesses and government entities enhance its lending capabilities and expand its customer base, contributing to stable growth in its earnings.

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

Summary
The company demonstrates solid profitability with strong net and EBIT margins. However, inconsistencies in revenue growth and cash flow raise some red flags. The balance sheet is robust with a strong equity position, but challenges in debt management and missing asset data in recent years could impact future stability.
Income Statement
75
Positive
The company shows a strong gross and net profit margin, with the latest net margin at 31.6%. Revenue growth has been inconsistent, with a notable increase in 2024 over the previous year, but a decline in 2023. EBIT margins have been solid, reflecting efficient cost management. Overall, the income statement suggests profitability but with some variability in growth.
Balance Sheet
65
Positive
The bank maintains a stable equity base with a high equity ratio. However, the debt-to-equity ratio has fluctuated over the years, and total assets information is missing for 2024. Despite these challenges, the bank has a strong stockholder equity position, indicating a solid financial footing.
Cash Flow
60
Neutral
Operating cash flows have been positive and significant, especially in earlier years, but there is a lack of data for 2024. Free cash flow showed robust growth in 2020 but has been inconsistent since. The absence of cash flow data for 2024 and prior volatility poses some concerns regarding cash management.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue10.16B24.81B22.88B21.87B21.00B18.63B
Gross Profit10.16B12.27B11.03B10.33B10.44B9.60B
EBITDA0.005.59B4.50B3.68B3.72B3.16B
Net Income4.69B4.26B3.55B3.08B2.92B2.39B
Balance Sheet
Total Assets743.03B689.96B607.99B529.61B522.25B459.83B
Cash, Cash Equivalents and Short-Term Investments63.89B67.18B46.98B38.33B60.47B49.78B
Total Debt106.21B99.75B89.56B75.13B92.20B72.95B
Total Liabilities695.94B645.06B568.05B493.02B488.92B428.92B
Stockholders Equity46.08B43.93B39.06B35.82B32.64B30.29B
Cash Flow
Free Cash Flow60.31B22.58B9.73B-2.17B2.38B44.56B
Operating Cash Flow60.63B22.95B10.14B-1.67B3.01B45.29B
Investing Cash Flow-33.82B-13.28B-17.05B-10.27B-4.45B-30.37B
Financing Cash Flow-34.33B5.83B10.99B-19.45B15.03B-8.11B

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

Technical Analysis Sentiment
Neutral
Last Price3.97
Price Trends
50DMA
4.21
Negative
100DMA
4.25
Negative
200DMA
3.87
Positive
Market Momentum
MACD
-0.08
Positive
RSI
44.95
Neutral
STOCH
47.39
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3866, the sentiment is Neutral. The current price of 3.97 is below the 20-day moving average (MA) of 4.08, below the 50-day MA of 4.21, and above the 200-day MA of 3.87, indicating a neutral trend. The MACD of -0.08 indicates Positive momentum. The RSI at 44.95 is Neutral, neither overbought nor oversold. The STOCH value of 47.39 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:3866.

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

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
83
Outperform
€36.20B4.769.11%5.11%4.83%9.05%
70
Outperform
HK$17.34B7.868.48%3.62%6.65%16.74%
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
67
Neutral
€27.73B5.374.39%4.33%17.13%
66
Neutral
€17.96B7.631.86%-5.02%-3.28%
58
Neutral
€23.77B5.407.20%7.90%-7.29%-14.37%
56
Neutral
€23.75B13.313.02%-3.87%22.34%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:3866
Bank of Qingdao Co., Ltd. Class H
3.97
1.42
55.81%
HK:9889
Dongguan Rural Commercial Bank Co Ltd Class H
3.46
0.24
7.59%
HK:1963
Bank of Chongqing Co., Ltd. Class H
8.28
2.92
54.56%
HK:6196
Bank of Zhengzhou Co., Ltd. Class H
1.18
0.21
21.52%
HK:1551
Guangzhou Rural Commercial Bank Co. Ltd. Class H
1.63
0.10
6.47%
HK:9677
Weihai City Commercial Bank Co., Ltd. Class H
3.02
0.24
8.63%

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

Bank of Qingdao Reports Steady Growth in Q3 2025
Oct 28, 2025

Bank of Qingdao Co., Ltd. announced its 2025 third quarterly report, highlighting a steady financial performance with a slight increase in net profit and earnings per share. The report indicates a year-on-year growth in operating income and net profit attributable to shareholders, reflecting the bank’s stable market positioning and operational efficiency.

The most recent analyst rating on (HK:3866) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Bank of Qingdao Co., Ltd. Class H stock, see the HK:3866 Stock Forecast page.

Bank of Qingdao Completes Issuance of 2025 Undated Capital Bonds
Oct 28, 2025

Bank of Qingdao Co., Ltd. has successfully completed the issuance of its 2025 Undated Capital Bonds in the national interbank bond market, with a total issuing size of RMB2 billion and a coupon rate of 2.45% for the first five years. The proceeds from this issuance will be used to supplement the Bank’s other tier-one capital, potentially strengthening its financial position and operational capabilities.

The most recent analyst rating on (HK:3866) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Bank of Qingdao Co., Ltd. Class H stock, see the HK:3866 Stock Forecast page.

Bank of Qingdao Announces Upcoming Board Meeting to Review Quarterly Results
Oct 16, 2025

Bank of Qingdao Co., Ltd. has announced a board meeting scheduled for October 28, 2025, to review and approve the third quarterly results for the nine months ending September 30, 2025. This meeting is significant as it will provide insights into the bank’s financial performance and strategic direction, potentially impacting stakeholders’ perceptions and the bank’s market positioning.

The most recent analyst rating on (HK:3866) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Bank of Qingdao Co., Ltd. Class H stock, see the HK:3866 Stock Forecast page.

Bank of Qingdao Successfully Concludes 2025 Extraordinary General Meetings
Sep 26, 2025

Bank of Qingdao Co., Ltd. successfully conducted its 2025 first extraordinary general meeting, along with separate class meetings for A and H Shareholders, on September 26, 2025. The meetings, which were held both on-site and online, saw significant shareholder participation, with over 73% of shares with voting rights represented. The meetings complied with relevant legal and corporate governance standards, and were overseen by legal and shareholder representatives, ensuring transparency and adherence to procedural norms.

The most recent analyst rating on (HK:3866) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Bank of Qingdao Co., Ltd. Class H stock, see the HK:3866 Stock Forecast page.

Bank of Qingdao Completes Issuance of 2025 Sci-tech Innovation Bonds
Sep 24, 2025

Bank of Qingdao Co., Ltd. has successfully completed the issuance of its 2025 Sci-tech Innovation Bonds in the national inter-bank bond market in China, with a total issuing size of RMB1 billion and a fixed coupon rate of 1.87%. The proceeds from these bonds will be used to support sci-tech innovation businesses, enhancing the bank’s role in fostering technological advancements and potentially strengthening its position in the financial industry.

The most recent analyst rating on (HK:3866) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Bank of Qingdao Co., Ltd. Class H stock, see the HK:3866 Stock Forecast page.

Bank of Qingdao Announces 2025 First Extraordinary General Meeting
Sep 8, 2025

Bank of Qingdao Co., Ltd. has announced its 2025 First Extraordinary General Meeting to be held on September 26, 2025, in Qingdao, China. The meeting will address several resolutions, including the election of a new independent non-executive director, amendments to the Articles of Association, and the issuance of financial bonds. These decisions could significantly impact the bank’s governance structure and financial strategy, potentially affecting its market positioning and stakeholder interests.

The most recent analyst rating on (HK:3866) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Bank of Qingdao Co., Ltd. Class H stock, see the HK:3866 Stock Forecast page.

Bank of Qingdao Announces 2025 H Share Class Meeting for Governance Amendments
Sep 8, 2025

Bank of Qingdao Co., Ltd. has announced the 2025 First H Share Class Meeting to be held on September 26, 2025, in Qingdao, China. The meeting aims to consider and approve special resolutions regarding amendments to the Articles of Association and the Rules of Procedure for Shareholders’ General Meetings. This meeting is significant for shareholders as it involves key governance changes that could impact the bank’s operational framework and shareholder engagement.

The most recent analyst rating on (HK:3866) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Bank of Qingdao Co., Ltd. Class H stock, see the HK:3866 Stock Forecast page.

Bank of Qingdao Delays Convertible Bond Issuance Amid Uncertainty
Sep 8, 2025

Bank of Qingdao Co., Ltd. announced an update regarding its proposed issuance of A Share Convertible Corporate Bonds to non-specific investors in the PRC, with a total amount not exceeding RMB4.8 billion. The Board has decided not to submit the relevant resolutions for approval at the upcoming EGM and Class Meetings, opting to delay the submission to a more appropriate time based on the actual situation. This decision introduces uncertainty regarding the issuance, prompting the Board to advise investors and shareholders to exercise caution when dealing with the Bank’s securities.

The most recent analyst rating on (HK:3866) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Bank of Qingdao Co., Ltd. Class H stock, see the HK:3866 Stock Forecast page.

Qingdao Guoxin to Boost Stake in Bank of Qingdao
Sep 2, 2025

Qingdao Guoxin Industrial and Financial Holdings, the major shareholder of Bank of Qingdao Co., Ltd., plans to increase its shareholding in the bank to between 19.00% and 19.99% through secondary market transactions. This move, aimed at supporting the bank’s long-term development, will occur within six months, avoiding blackout periods and adhering to financial regulatory laws. The increased shareholding will be subject to a five-year lock-up period, reflecting a commitment to the bank’s sustained growth.

The most recent analyst rating on (HK:3866) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Bank of Qingdao Co., Ltd. Class H stock, see the HK:3866 Stock Forecast page.

Bank of Qingdao Announces Key Board Nominations and Governance Changes
Aug 28, 2025

Bank of Qingdao Co., Ltd. has announced the nomination of Mr. Wang Zhuquan as an independent non-executive director for its ninth board session, along with his proposed roles in several key committees. This move is part of broader governance adjustments, including the proposed dissolution of the board of supervisors and amendments to the articles of association, which are subject to shareholder approval and regulatory clearance.

The most recent analyst rating on (HK:3866) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Bank of Qingdao Co., Ltd. Class H stock, see the HK:3866 Stock Forecast page.

Bank of Qingdao Plans RMB4.8 Billion Convertible Bond Issuance
Aug 28, 2025

Bank of Qingdao Co., Ltd. has announced its intention to issue A Share Convertible Corporate Bonds to non-specific investors in the PRC, aiming to raise up to RMB4.8 billion. This move is part of the bank’s strategy to strengthen its operational capabilities and enhance its competitiveness in the financial sector. The proposed issuance is subject to multiple approvals, including from shareholders and regulatory bodies, and is intended to support the bank’s sustainable development and service to the real economy.

The most recent analyst rating on (HK:3866) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Bank of Qingdao Co., Ltd. Class H stock, see the HK:3866 Stock Forecast page.

Bank of Qingdao Releases 2025 Interim Results
Aug 28, 2025

Bank of Qingdao Co., Ltd. announced its unaudited interim results for the first half of 2025, which have been reviewed by Ernst & Young. The interim report complies with the Hong Kong Stock Exchange’s listing requirements and will be available in both Chinese and English on the Bank’s website. The Board may propose interim cash dividends based on operational conditions, but no bonus shares or share capital increases are planned for 2025.

The most recent analyst rating on (HK:3866) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Bank of Qingdao Co., Ltd. Class H stock, see the HK:3866 Stock Forecast page.

Bank of Qingdao Announces Director Resignation
Aug 28, 2025

Bank of Qingdao Co., Ltd. announced the resignation of Mr. Fan Xuejun from his roles as an independent non-executive director and various committee positions due to personal health reasons. The resignation will be effective upon the appointment of a new independent non-executive director, and Mr. Fan has confirmed no disagreements with the Board or issues to report to shareholders and creditors.

The most recent analyst rating on (HK:3866) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Bank of Qingdao Co., Ltd. Class H stock, see the HK:3866 Stock Forecast page.

Bank of Qingdao Secures Approval for RMB 2 Billion Capital Instruments Issuance
Aug 15, 2025

Bank of Qingdao Co., Ltd. announced that it has received approval from the Qingdao Bureau of National Financial Regulatory Administration to issue capital replenishment instruments up to RMB 2.0 billion. This approval allows the bank to independently decide on the specifics of the issuance, including the type, timing, and scale, within a 24-month period, which could enhance its capital base and support its financial operations.

Bank of Qingdao Announces Board Meeting for Interim Results
Aug 15, 2025

Bank of Qingdao Co., Ltd. announced that its board of directors will meet on August 28, 2025, to consider and approve the interim results for the first half of 2025. This meeting is crucial for stakeholders as it will provide insights into the bank’s financial performance and strategic direction for the remainder of the year.

Bank of Qingdao Reports Strong Financial Growth in First Half of 2025
Jul 31, 2025

Bank of Qingdao Co., Ltd. reported preliminary financial results for the first half of 2025, showing significant growth in key financial metrics. The bank achieved a 16.05% increase in net profit attributable to shareholders and a 7.69% rise in total assets compared to the previous year. The company attributes its robust performance to strategic initiatives focused on professional improvement, digital empowerment, and system optimization, leading to enhanced profitability and operational efficiency.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Oct 29, 2025