Financials Bank of Nanjing Co., Ltd.

Equities

601009

CNE100000627

Banks

End-of-day quote Shanghai S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
9.32 CNY +0.87% Intraday chart for Bank of Nanjing Co., Ltd. -.--% +26.29%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 74,389 80,857 89,663 107,741 76,337 96,404 - -
Enterprise Value (EV) 1 74,389 80,857 89,663 107,741 76,337 96,404 96,404 96,404
P/E ratio 6.18 x 6.03 x 6.31 x 6.77 x - 4.91 x 4.48 x 4.26 x
Yield 4.47% 4.86% 5.31% 5.12% 7.27% 6.13% 6.65% 7.26%
Capitalization / Revenue 2.29 x 2.35 x 2.19 x 2.42 x - 2.06 x 1.84 x 1.83 x
EV / Revenue 2.29 x 2.35 x 2.19 x 2.42 x - 2.06 x 1.84 x 1.83 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.86 x 0.76 x 0.74 x 0.85 x 0.55 x 0.63 x 0.55 x 0.52 x
Nbr of stocks (in thousands) 8,482,208 10,007,017 10,007,017 10,339,845 10,343,733 10,343,734 - -
Reference price 2 8.770 8.080 8.960 10.42 7.380 9.320 9.320 9.320
Announcement Date 4/29/20 4/29/21 4/15/22 4/28/23 4/26/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 32,442 34,465 40,925 44,606 - 46,895 52,490 52,596
EBITDA - - - - - - - -
EBIT 1 14,938 15,579 19,187 30,632 - 30,160 35,323 36,938
Operating Margin 46.05% 45.2% 46.88% 68.67% - 64.31% 67.3% 70.23%
Earnings before Tax (EBT) 1 14,893 15,501 19,184 21,739 - 22,400 26,195 26,126
Net income 1 12,453 13,101 15,857 18,408 - 19,606 22,044 23,027
Net margin 38.39% 38.01% 38.75% 41.27% - 41.81% 42% 43.78%
EPS 2 1.420 1.340 1.420 1.540 - 1.897 2.080 2.187
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.3920 0.3930 0.4754 0.5339 0.5367 0.5713 0.6199 0.6767
Announcement Date 4/29/20 4/29/21 4/15/22 4/28/23 4/26/24 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 10,624 12,277 11,255 11,656 9,418 12,953 11,351 11,388 - 13,501 12,388 12,388 15,174 15,174
EBITDA - - - - - - - - - - - - - -
EBIT - - - - - - - - - - - - - -
Operating Margin - - - - - - - - - - - - - -
Earnings before Tax (EBT) 4,362 5,936 6,075 5,996 3,732 6,511 6,389 5,661 - - - - - -
Net income 3,513 5,015 5,135 4,820 3,437 5,427 5,258 4,599 - - - - - -
Net margin 33.07% 40.85% 45.63% 41.35% 36.49% 41.9% 46.32% 40.39% - - - - - -
EPS 2 0.2800 0.4300 0.5100 0.3900 0.2100 0.4600 0.4400 0.3700 - 0.5300 0.4600 0.3600 - -
Dividend per Share 2 0.4754 - - - 0.5339 - - - 0.5367 - - 0.5998 - -
Announcement Date 4/15/22 4/15/22 7/3/22 10/28/22 4/28/23 4/28/23 8/30/23 10/30/23 4/26/24 - - - - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 16.5% 14.3% 14.9% 15.1% 13.1% 12.4% 12.6% 12.6%
ROA (Net income/ Total Assets) 0.96% 0.92% 0.97% 0.95% - 0.82% 0.83% 0.79%
Assets 1 1,293,196 1,430,227 1,633,017 1,937,892 - 2,393,480 2,649,299 2,902,605
Book Value Per Share 2 10.20 10.70 12.10 12.20 13.50 14.70 16.90 17.80
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 4/29/20 4/29/21 4/15/22 4/28/23 4/26/24 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
15
Last Close Price
9.32 CNY
Average target price
9.603 CNY
Spread / Average Target
+3.04%
Consensus
  1. Stock Market
  2. Equities
  3. 601009 Stock
  4. Financials Bank of Nanjing Co., Ltd.