In 2023, many industries will be sluggish, many people are facing the possibility of unemployment, banks can be said to be an important pillar of various industries, but they have also been more or less impacted, Huaxia Bank is no exception, what about this **? Let's take a brief look.
01 Basic information
The full name of Huaxia Bank is Huaxia Bank shares, and it is the fifth listed bank in the country.
Listed in 2003, the stock price has accumulated **337% so far, and there is no actual controller.
02 Performance
In 2000, Huaxia Bank's operating income was 240.2 billion yuan, with the highest growth to 958 in 2021700 million yuan increased by 39 times in 21 years, but it will decline in 2022, and only achieve revenue of 938100 million yuan, down 2 percent year-on-year15%, in the first three quarters of 2023, the operating income was 711100 million yuan, down 2 percent year-on-year54%。
Net profit over the same period increased from 38.4 billion yuan, an increase to 250 in 2022400 million yuan, an increase of 64 times in 22 years, and in the first three quarters of 2023, the net profit will be 179600 million yuan, a year-on-year increase of 515%。
Overall, Huaxia Bank's performance is average, with revenue declining in 2022 and 2023.
03 Asset quality
As of the third quarter of 2023, Hua Xia Bank has total assets of 4105 trillion yuan, liabilities 3792 trillion yuan, net assets of 312.9 billion yuan, core capital adequacy ratio of 1196%, non-performing loans of 39.8 billion yuan, non-performing loan ratio of 172%, ROE 566%。
Overall, the asset quality is average, and the return on equity is low.
Debt-to-asset ratio
From 2003 to 2022, Huaxia Bank's debt ratio fluctuated around 92-98% overall, showing a downward trend year by year, reaching 92 in the third quarter of 202338%。
05 Dividend valuation
Huaxia Bank's current market value is 932 yuan, with a dynamic price-earnings of 39 times, static P/E ratio of 373 times, price-to-book ratio of 035 times. Valuations are at a low level.
The cumulative dividend is 48.2 billion yuan, and the dividend yield is 65%, generous dividends.
06 Summary
Overall, Huaxia Bank performed better.