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Bank of Qingdao Co., Ltd. Class A

Bank of Qingdao Co., Ltd. Class A

0.55
EUR
-0.01
(-1.80%)
0.20EPS
Oct 28Next Earn
Bank of Qingdao Co., Ltd. Class A
GETTEX:4BQ
(Gettex)

Recent

price

0.55

P/E

ratio

- -

div

yld

11.59%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
0.43
0.68
0.79
0.97
1.18
1.11
1.03
0.95
1.26
1.42
1.48
1.56
1.29
1.35
1.5
1.77
4.64
Revenue per Share
0.14
0.2
0.25
0.31
0.41
0.4
0.36
0.32
0.26
0.27
0.29
0.37
0.32
0.41
0.49
0.63
1.53
Basic EPS, GAAP
2.02
2.17
2.92
2.84
2.95
1.75
7.46
-4.49
-3.61
-1.13
6.86
0.36
-0.27
1.19
2.76
1.03
3.83
Free Cash Flow per Basic Share
0.08
0.01
0.1
0.05
0.06
0.17
0.14
0.14
0.23
0.22
0.22
0.19
0.18
0.15
0.15
0.15
0.49
Dividend per Share
0.73
1.22
1.31
1.44
1.72
2.92
3.06
3.08
3.32
3.29
3.51
3.7
4.38
4.78
5.37
6.01
5.13
Book Value per Share
0.72
1.21
1.29
1.42
1.7
2.89
3.03
3.05
3.29
3.26
3.47
3.65
4.34
4.73
5.33
5.96
5.09
Tangible Book Value per Share
3,652
3,652
3,652
3,652
3,652
4,489
5,848
5,848
5,848
6,444
6,498
6,692
7,996
8,176
8,176
8,176
2,516
Basic Weighted Avg Shares
1,575
2,485
2,870
3,525
4,327
5,001
5,996
5,568
7,365
9,160
9,603
10,441
10,330
11,026
12,267
14,453
11,678
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
73
79
152
189
241
300
300
315
408
410
429
493
547
565
598
611
- -
Depreciation Expense
515
738
920
1,142
1,495
1,814
2,089
1,900
2,023
2,285
2,394
2,923
3,083
3,549
4,264
5,188
3,854
Net Income, GAAP
23.46
23.64
24.78
24.81
23.65
22.79
21.88
19.67
17.47
17.43
10.08
7.2
- -
6.66
11.82
14.21
9.25
Effective Tax Rate (%)
32.67
29.72
32.06
32.39
34.56
36.27
34.83
34.13
27.47
24.94
24.93
27.99
29.84
32.18
34.76
35.9
33
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
- -
- -
4,987
8,335
16,314
41,786
68,633
64,897
76,848
72,951
92,203
75,129
89,556
99,747
124,001
88,717
LT Debt
4,145
6,958
7,437
8,205
9,785
16,614
17,636
26,123
27,497
30,478
30,907
33,328
36,593
39,939
44,900
50,254
42,856
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
12.73
13.3
12.78
11.07
9.55
7.11
4.52
2.46
2.14
2.24
2.21
2.49
- -
2.84
3.01
3.15
3.05
Return on Capital (%)
12.73
13.3
12.78
14.6
16.62
13.74
12.2
10.73
8.23
8.57
8.53
10.37
8.49
8.86
9.71
11.14
9.65
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
8,176
8,176
8,176
Market Capitalization
- -
- -
- -

Working Capital

CNY

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
46,980
49,198
64,325
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.29%
10.22%
11.93%
Free Cash Flow
-126.48%
-153.08%
-62.7%
Net Income, GAAP
11.48%
16.9%
21.66%
Sales/Revenue/Turnover
11.77%
8.7%
17.81%
Total Cash Common Dividend
- -
6.75%
23.81%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,728
3,754
- -
- -
12,267
2025
- -
- -
- -
- -
14,453
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.14
2.24
- -
- -
0.49
2025
- -
- -
- -
- -
0.63
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
1.41
- -
- -
0.15
2025
- -
- -
- -
- -
0.15
2026
- -
- -
- -
- -
- -
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Business
Bank of Qingdao Co., Ltd. (002948.SZ) operates as a regional commercial bank providing a comprehensive range of banking products and services in the People's Republic of China, primarily through its three core segments of retail banking, corporate banking, and financial market business. The bank offers deposits including time and demand accounts; retail, corporate, and personal loans such as short-, mid-, and long-term facilities, discounted bills, and acceptance notes; settlement services encompassing domestic and overseas payments; bank card issuance and operations; letters of credit and guarantees; safe deposit boxes; securities investment fund custody; corporate bonds; foreign exchange settlement and sales; bond issuance, underwriting, and agency services; interbank lending and deposits; insurance agency; precious metals sales; and self-service banking via automated teller machines, cash recycling machines, and inquiry terminals. It serves individual, small and medium-sized enterprise, and institutional customers with specialized offerings like supply chain financing, blue finance products in collaboration with the International Finance Corporation, and integrated solutions combining commercial banking, investment banking, and asset management; operations are based in Qingdao with 16 branches across Shandong Province and sub-branches focused on science and technology, culture innovation, and port industries. Founded in November 1996 and headquartered at No. 6 Qinling Road, Laoshan District, Qingdao, Shandong, the bank changed its name from Qingdao City Commercial Bank Co., Ltd. in 2008, listed A-shares on the Shenzhen Stock Exchange in January 2019 following H-shares on the Hong Kong Stock Exchange in December 2015, and maintains a diversified ownership structure with major shareholders including Haier Group, Intesa Sanpaolo, and Qingdao Conson Group. It controls subsidiaries BQD Financial Leasing Co., Ltd., established in February 2017, and BQD Wealth Management Co., Ltd., incorporated in September 2020, while advancing sustainable initiatives as the first Chinese bank with blue finance characteristics, approved by the United Nations Environment Programme in November 2020 and receiving a USD 150 million credit line from the IFC in June 2021. Recent developments include significant shareholder support through Qingdao Guoxing Industrial Finance Holding (Group) Co., Ltd. and concerted parties planning to increase their stake from 14.99% to between 19.00% and 19.99% via secondary market purchases announced in September 2025, alongside steady asset growth positioning it as Shandong's largest regional corporate bank and recognition in global brand rankings.