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Bank of Zhengzhou Co., Ltd. Class H (HK:6196)
:6196
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Bank of Zhengzhou Co., Ltd. Class H (6196) AI Stock Analysis

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HK:6196

Bank of Zhengzhou Co., Ltd. Class H

(6196)

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Neutral 46 (OpenAI - 5.2)
Rating:46Neutral
Price Target:
HK$0.84
▼(-26.70% Downside)
Action:Reiterated
Date:04/30/26
The score is held back primarily by fundamentals—elevated leverage, low ROE, and volatile cash flow—despite a recent TTM revenue rebound. Technicals also point to a weak trend with price below longer moving averages and a negative MACD. Valuation is mixed: a modest dividend is offset by a negative P/E, limiting support from earnings-based valuation.
Positive Factors
Diversified revenue model
A business model that combines net interest income with fee-based non-interest income (payments, wealth, trade services) provides structural revenue diversification. Over months this reduces dependence on loan spreads alone and supports steadier earnings through rate cycles and fee growth opportunities.
Negative Factors
Elevated leverage
Materially higher debt-to-equity amplifies balance-sheet risk and reduces financial flexibility. Elevated leverage increases sensitivity to funding shocks and regulatory scrutiny, constraining strategic options and making earnings more volatile if asset quality or margins deteriorate.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified revenue model
A business model that combines net interest income with fee-based non-interest income (payments, wealth, trade services) provides structural revenue diversification. Over months this reduces dependence on loan spreads alone and supports steadier earnings through rate cycles and fee growth opportunities.
Read all positive factors

Bank of Zhengzhou Co., Ltd. Class H (6196) vs. iShares MSCI Hong Kong ETF (EWH)

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

Company Description
Bank of Zhengzhou Co., Ltd., a financial institution established in 1996 and known as Commercial Bank of Zhengzhou Co., Ltd. until its name change in December 2009, is headquartered in Zhengzhou, China. It offers a wide range of banking and financ...
How the Company Makes Money
The bank primarily makes money through (1) net interest income and (2) non-interest income. (1) Net interest income is earned from the spread between interest income on interest-earning assets (such as corporate loans, retail loans, discounted bil...

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

Summary
TTM revenue rebounded (+29.2%) and the company remains profitable, but profitability is thinner than prior peaks (net margin ~9%). Balance-sheet risk increased materially with debt-to-equity rising to ~4.8x and staying elevated, while ROE is low-to-moderate (~3.8% TTM). Cash flow quality is a key weakness due to highly volatile operating/free cash flow and a sharp TTM drop in cash generation.
Income Statement
58
Neutral
Balance Sheet
45
Neutral
Cash Flow
34
Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue20.92B23.80B24.70B25.36B26.88B25.46B
Gross Profit5.70B10.96B11.71B12.33B14.07B11.82B
EBITDA2.23B2.23B2.24B2.20B3.28B4.44B
Net Income1.95B1.90B1.88B1.85B2.42B3.23B
Balance Sheet
Total Assets780.88B743.99B676.37B630.71B591.51B574.98B
Cash, Cash Equivalents and Short-Term Investments31.99B74.77B44.79B33.80B30.80B40.52B
Total Debt214.29B216.98B110.57B102.52B95.27B90.45B
Total Liabilities733.03B697.12B620.07B576.39B538.89B515.57B
Stockholders Equity46.05B45.08B54.45B52.45B50.77B57.77B
Cash Flow
Free Cash Flow744.13M13.61B8.49B-10.56B-32.09B-43.32B
Operating Cash Flow855.61M13.70B8.77B-10.04B-31.35B-42.62B
Investing Cash Flow-71.67B-17.85B-11.96B-4.03B27.51B40.96B
Financing Cash Flow74.28B-2.88B5.10B15.57B-7.07B3.56B

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

Technical Analysis Sentiment
Negative
Last Price1.15
Price Trends
50DMA
0.99
Negative
100DMA
1.03
Negative
200DMA
1.14
Negative
Market Momentum
MACD
-0.03
Positive
RSI
22.77
Positive
STOCH
9.05
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6196, the sentiment is Negative. The current price of 1.15 is above the 20-day moving average (MA) of 0.95, above the 50-day MA of 0.99, and above the 200-day MA of 1.14, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 22.77 is Positive, neither overbought nor oversold. The STOCH value of 9.05 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6196.

Bank of Zhengzhou 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
68
Neutral
HK$19.65B6.527.72%3.57%4.05%13.13%
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
62
Neutral
HK$14.59B3.275.60%5.32%-6.83%2.10%
60
Neutral
HK$12.44B2.935.25%6.13%-3.62%1.69%
58
Neutral
HK$10.23B3.043.96%4.24%-6.16%4.83%
46
Neutral
HK$14.68B7.993.77%1.89%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:6196
Bank of Zhengzhou Co., Ltd. Class H
0.86
-0.30
-25.73%
HK:1578
Bank of Tianjin Co., Ltd. Class H
2.06
-0.27
-11.44%
HK:9677
Weihai City Commercial Bank Co., Ltd. Class H
2.86
-0.10
-3.38%
HK:1216
Zhongyuan Bank Co., Ltd. Class H
0.28
-0.09
-23.71%
HK:6199
Bank of Guizhou Co. Ltd. Class H
1.00
-0.15
-13.04%

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

Bank of Zhengzhou Shareholders Approve 2025 Reports and Profit Distribution at ASM
Jun 26, 2026
Bank of Zhengzhou Co., Ltd. held its 2025 annual shareholders’ meeting (ASM), chaired by executive director and chairman Zhao Fei, with all board members attending either in person or via video conference. Voting was conducted through a comb...
Bank of Zhengzhou Sets 2025 ASM to Approve Results, Budget and Related-Party Quotas
Jun 4, 2026
Bank of Zhengzhou Co., Ltd. has scheduled its 2025 Annual Shareholders’ Meeting for 26 June 2026 in Zhengzhou, where shareholders will review the board’s 2025 work report, annual financial statements and report, profit distribution pro...
Bank of Zhengzhou Releases Unaudited First-Quarter 2026 Results
Apr 28, 2026
Bank of Zhengzhou Co., Ltd. has released its unaudited financial results for the first quarter of 2026, prepared under International Financial Reporting Standards and covering the consolidated performance of the parent bank and its key Henan-based...
Bank of Zhengzhou Schedules Board Meeting to Approve Q1 2026 Results
Apr 16, 2026
Bank of Zhengzhou Co., Ltd., a PRC-based joint stock commercial bank listed in Hong Kong via H shares, provides banking and financial services primarily in Zhengzhou, Henan, but is not supervised by the Hong Kong Monetary Authority and is not perm...
Bank of Zhengzhou Tightens Audit Committee Mandate to Strengthen Oversight
Apr 2, 2026
Bank of Zhengzhou Co., Ltd. has revised the terms of reference for its board audit committee, refining its composition, qualifications and appointment rules for members, all of whom must be non-executive directors with a majority being independent...
Bank of Zhengzhou Publishes Audited 2025 Results and Confirms Governance Structure
Mar 30, 2026
Bank of Zhengzhou Co., Ltd. announced its audited consolidated annual results for the year ended December 31, 2025, confirming that the board and its audit committee have reviewed and approved the figures. The bank’s full 2025 annual report,...
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: Apr 30, 2026