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    Regional banks
Qingdao Rural Commercial Bank Corp. Class A

Qingdao Rural Commercial Bank Corp. Class A

SSZSE:002958
2.83
CNY
+0.01
(+0.35%)
0.49EPS
5.24P/E
15.22BMarket 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
0.99
1.11
1.14
1.16
1.21
1.48
1.6
1.71
1.78
1.59
1.68
1.8
1.66
1.77
Basic EPS, GAAP
0.33
0.34
0.37
0.39
0.43
0.48
0.52
0.53
0.53
0.37
0.42
0.47
0.52
0.52
Free Cash Flow per Basic Share
1.64
1.64
2.51
3.82
0.27
-0.52
-0.94
1.06
0.08
0.28
2.6
1.04
-1.88
-5.26
Dividend per Share
- -
0.1
0.1
0.13
0.15
0.34
0.53
0.52
0.53
0.47
0.34
0.47
0.42
0.3
Book Value per Share
2.11
2.37
2.7
2.99
3.42
4.03
4.39
5.19
6.15
6.4
6.86
7.33
8.12
7.88
Tangible Book Value per Share
2.09
2.36
2.69
2.98
3.41
4.01
4.38
5.18
6.14
6.39
6.85
7.32
8.1
7.87
Basic Weighted Avg Shares
5,000
5,048
5,037
4,940
4,968
5,040
5,432
5,584
5,784
6,263
6,114
6,078
6,016
5,652
Sales/Revenue/Turnover
4,942
5,582
5,739
5,742
5,994
7,457
8,710
9,575
10,298
9,942
10,298
10,956
9,986
10,006
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
145
155
201
248
311
319
303
311
415
405
416
387
375
- -
Net Income, GAAP
1,650
1,716
1,864
1,927
2,136
2,419
2,825
2,960
3,066
2,317
2,568
2,856
3,128
2,958
Effective Tax Rate (%)
25.88
30.38
24.2
24.14
22.62
19.31
8.46
4.22
6.68
- -
- -
- -
- -
- -
Profit Margin (%)
33.39
30.75
32.47
33.55
35.64
32.44
32.43
30.91
29.77
23.31
24.93
26.07
31.33
29.56
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
- -
895
5,953
24,365
39,555
55,166
71,201
86,287
94,275
85,490
89,758
84,040
80,732
73,021
Total Equity
10,535
11,846
13,489
15,748
17,919
20,950
25,262
29,702
35,050
36,483
39,049
41,111
45,091
43,788
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
16.93
14.75
11.58
6.55
4.37
3.58
3.25
2.77
2.48
- -
- -
- -
- -
- -
Return on Common Equity (%)
16.93
15.34
14.71
13.55
13.33
12.99
12.68
11.11
9.73
6.65
6.97
7.24
7.29
6.96

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5,556
5,556
5,556
Market Capitalization
17,222
17,000
15,222

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
46,056
53,767
53,741
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
12.97%
8.82%
9.68%
Free Cash Flow
22.15%
136.2%
-278.39%
Net Income, GAAP
5.98%
2.15%
9.51%
Sales/Revenue/Turnover
6.08%
1.04%
-8.86%
Total Cash Common Dividend
24.07%
-0.24%
-11.04%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,020
2,785
2,562
2,589
10,956
2025
3,019
2,695
- -
1,997
9,986
2026
2,789
2,525
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.18
0.17
0.21
-0.06
0.47
2025
0.2
0.17
- -
-0.03
0.52
2026
0.21
0.17
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.12
0.18
0.09
0.47
2025
0.06
0.11
- -
0.08
0.42
2026
0.05
0.07
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Xifeng Wang
Full Time Employees
6,025
Sector
Finance
Industry
Regional banks
Address
Building 1, No. 6 Qinling Road, Qingdao SD China 266061
IPO Date
Mar 26, 2019
Website
qrcb.com.cn
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Business
Qingdao Rural Commercial Bank Co., Ltd. operates as a commercial bank primarily providing a broad range of banking products and services in China. Its main offerings include deposit taking; various loan products; settlements; bill acceptance and discounting; letters of credit and guarantees; foreign exchange credit services; consulting and witnessing services; insurance agency services; underwriting of government and financial bonds; interbank lending of RMB and foreign currencies; and bank card services. The bank serves individual customers, enterprises, and other institutional clients. Founded in 1951 and headquartered in Qingdao, Shandong Province, the bank maintains a significant presence in the region, including Qingdao, Jinan, and Yantai, with over 350 branches and a workforce exceeding 5,000 employees. Qingdao Rural Commercial Bank has recently expanded its capital base by obtaining regulatory approval to issue up to 2 billion yuan in capital instruments and successfully issued a 3 billion yuan special financial bond in 2024 targeted at supporting small and micro-enterprise loans. The bank is focusing on optimizing its deposit product structure to manage interest rate pressures and enhance competitiveness amid a narrowing net interest margin environment anticipated in 2025. The institution underwent a leadership transition with the retirement of Chairman Wang Xifeng. Its strategic focus includes supporting local agriculture, small and medium-sized enterprises, and rural economic development while advancing reforms and innovation to strengthen its market position within Shandong Province. The bank's total assets reached approximately 465 billion yuan by mid-2023, with loans issued surpassing 250 billion yuan and deposits over 300 billion yuan, marking it as a significant regional financial institution and a systemically important corporate bank in the province. Qingdao Rural Commercial Bank continues to pursue growth through selective regional expansion, product innovation, and capital enhancements to sustain its role in serving the real economy.