China Zheshang Bank Co Ltd Class A

China Zheshang Bank Co Ltd Class A

2.35
HKD
-0.05
(-2.09%)
100.54BMarket Cap
Oct 30Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.69
0.89
1.29
1.32
1.41
1.41
1.34
1.22
1.32
1.49
1.45
1.65
1.51
- -
Basic EPS, GAAP
0.25
0.26
0.36
0.4
0.41
0.41
0.46
0.39
0.4
0.42
0.42
0.38
0.32
- -
Free Cash Flow per Basic Share
-0.02
7.32
10.59
4.1
-3.48
-5.24
-0.57
1.5
-1.25
4.98
5.11
-3.29
-0.55
- -
Dividend per Share
0.14
- -
- -
0.09
0.11
0.15
0.03
0.18
0.14
0.06
0.16
0.14
0.13
- -
Book Value per Share
1.06
1.26
1.89
2.57
3.36
3.84
3.87
4
4.57
4.99
4.67
4.99
5.08
5.08
Tangible Book Value per Share
1.04
1.24
1.87
2.55
3.33
3.81
3.8
3.93
4.5
4.92
4.61
4.93
5.02
5.02
Basic Weighted Avg Shares
19,503
19,503
19,503
25,570
27,719
27,719
28,320
31,818
31,818
32,619
36,108
39,895
39,895
27,465
Sales/Revenue/Turnover
13,495
17,397
25,130
33,653
39,024
39,024
38,077
38,707
41,856
48,541
52,435
65,798
60,296
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
177
195
208
236
364
659
1,418
1,560
1,679
1,862
2,112
2,472
3,085
- -
Net Income, GAAP
4,901
5,096
7,051
10,153
11,490
11,490
12,924
12,309
12,648
13,618
15,048
15,186
12,931
- -
Effective Tax Rate (%)
24.84
24.98
24.84
24.18
16.53
16.53
10.48
12.56
13.78
11.64
11.43
10.73
15.92
- -
Profit Margin (%)
36.32
29.29
28.06
30.17
29.44
29.44
33.94
31.8
30.22
28.05
28.7
23.08
21.45
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
6,124
48,274
92,361
115,292
192,344
247,307
210,277
240,713
321,834
326,351
399,195
544,664
515,644
515,644
Total Equity
27,808
33,150
49,657
67,475
89,688
102,449
128,027
132,543
166,883
165,930
189,577
202,743
207,335
207,335
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
16.03
8.83
6.31
6.25
4.91
3.62
3.69
3.39
2.87
2.7
2.7
2.2
1.67
- -
Return on Common Equity (%)
19.4
16.72
17.03
17.34
14.76
12.15
11.38
9.59
9.04
8.73
8.62
7.89
6.44
- -

Capital Structure

CNY

•

in mil. unless spec.
Mar'24
Jun'24
Dec'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
39,896
39,896
39,896
Market Capitalization
84,358
77,603
90,340

Working Capital

CNY

•

in mil. unless spec.
Mar'24
Jun'24
Dec'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
222,726
214,845
207,209
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
16.03%
9.76%
2.26%
Free Cash Flow
-160.77%
-186.66%
-83.32%
Net Income, GAAP
- -
1.4%
-14.85%
Sales/Revenue/Turnover
- -
9.85%
-8.36%
Total Cash Common Dividend
3,012.62%
19.58%
-3.49%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
11,231
18,116
6,771
16,317
52,435
2024
13,342
22,176
- -
- -
65,798
2025
- -
- -
- -
- -
60,296

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.17
0.08
0.18
0.08
0.42
2024
0.15
0.08
- -
- -
0.38
2025
- -
- -
- -
- -
0.32

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
0.17
0.26
-0.22
0.16
2024
0.05
- -
- -
- -
0.14
2025
- -
- -
- -
- -
0.13

Company Description

CEO
Haiqiang Chen
Full Time Employees
25,016
Sector
Finance
Industry
Major banks
Address
No. 288, Qingchun Road Hangzhou ZH China 310020
IPO Date
Mar 30, 2016
Website
czbank.com
Business
China Zheshang Bank Co., Ltd is a national joint-stock commercial bank headquartered in Hangzhou, China, founded in 1993. It operates primarily in Mainland China offering a comprehensive suite of commercial banking products and services. The bank's business is organized into three main segments: Corporate Banking, Retail Banking, and Treasury Business. The Corporate Banking segment provides financial products and services to corporations, government agencies, and financial institutions, including corporate loans and advances, trade financing, corporate deposit products, credit commitments, financial guarantees, debt instrument underwriting, and various corporate intermediary services. The Retail Banking segment serves individual customers with personal loans and advances, personal deposit products, wealth management services, card services, and other retail banking offerings. The Treasury Business segment engages in money market and repurchase transactions, investments in debt and equity instruments, financial derivatives for proprietary trading or customer service, and issues debt securities. In recent years, China Zheshang Bank has focused on accelerating its digital transformation, expanding non-interest income streams, optimizing asset-liability structure, and enhancing digital revenue channels. Since 2024, it launched a new three-year strategic action plan called “deepening the development in Zhejiang” aimed at consolidating its market presence within Zhejiang province while leveraging artificial intelligence and large-scale intelligent platform systems across operations. The bank initiated core upgrading and foundational consolidation projects and enhanced technology management and data control campaigns to strengthen business performance and risk management. It also placed emphasis on wealth management expansion and synergies among its business segments including great retail, great corporate, investment banking, asset management, and cross-border businesses. China Zheshang Bank's strategic initiatives include comprehensive synergy reforms, resource allocation optimization, performance assessment improvements, risk control mechanisms, and intensified technology support as part of the “1+5” operational safeguard mechanism. These efforts are designed to boost profitability, maintain asset quality, and drive sustainable growth within competitive banking sectors across key Chinese economic regions. The bank reported strong financial results in 2025 with significant revenue and net profit growth reflecting successful execution of its business strategies. Overall, China Zheshang Bank is well-positioned as a leading regional commercial bank with broad product offerings, technological upgrades, and focused regional expansions, primarily serving corporate, institutional, and retail clients across Mainland China, with headquarters in Hangzhou and a foundation dating back to 1993. It remains a key player in China’s banking industry, emphasizing digital transformation and regional market deepening as core pillars of its growth strategy.