Financials Jiangsu Suzhou Rural Commercial Bank Co., Ltd

Equities

603323

CNE100003035

Banks

End-of-day quote Shanghai S.E. 23:00:00 13/05/2024 BST 5-day change 1st Jan Change
5 CNY -0.79% Intraday chart for Jiangsu Suzhou Rural Commercial Bank Co., Ltd +4.60% +20.19%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 8,848 9,538 8,943 8,781 8,456 9,015 9,015 -
Enterprise Value (EV) 1 8,848 9,538 8,943 8,781 8,456 7,501 9,015 9,015
P/E ratio - - - 8.25 x 6.25 x 4.78 x 4.66 x 4.12 x
Yield - - 3.02% 3.29% 3.62% 4.33% 4.93% 5.73%
Capitalization / Revenue 2.81 x 2.71 x 2.38 x 2.29 x 2.09 x 1.85 x 2.14 x 2 x
EV / Revenue 2.81 x 2.71 x 2.38 x 2.29 x 2.09 x 1.85 x 2.14 x 2 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book - 0.83 x 0.75 x 0.67 x 0.6 x 0.48 x 0.52 x 0.47 x
Nbr of stocks (in thousands) 1,592,893 1,803,065 1,803,069 1,803,070 1,803,073 1,803,073 1,803,073 -
Reference price 2 5.555 5.290 4.960 4.870 4.690 5.000 5.000 5.000
Announcement Date 16/01/19 17/01/20 15/01/21 10/01/22 29/01/23 26/04/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net sales 1 3,150 3,521 3,753 3,834 4,037 4,046 4,220 4,511
EBITDA - - - - - - - -
EBIT 1 - 1,003 1,068 2,544 1,687 1,901 2,595 2,854
Operating Margin - 28.47% 28.46% 66.36% 41.78% 46.99% 61.48% 63.26%
Earnings before Tax (EBT) 1 - - - 1,260 1,711 1,912 2,132 2,410
Net income 1 - - - 1,160 1,502 1,743 1,937 2,192
Net margin - - - 30.26% 37.2% 43.07% 45.89% 48.59%
EPS 2 - - - 0.5900 0.7500 0.8700 1.074 1.214
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - - 0.1500 0.1600 0.1700 0.1800 0.2467 0.2867
Announcement Date 16/01/19 17/01/20 15/01/21 10/01/22 29/01/23 26/04/24 - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) - 8.44% 8.07% 9.31% 10.9% 11.7% 11.8% 12%
ROA (Net income/ Total Assets) - 0.75% 0.72% 0.77% 0.88% 0.9% 0.91% 0.92%
Assets 1 - - - 150,558 169,844 193,385 213,775 239,111
Book Value Per Share 2 - 6.380 6.580 7.290 7.790 8.670 9.620 10.70
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 16/01/19 17/01/20 15/01/21 10/01/22 29/01/23 26/04/24 - -
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

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
5 CNY
Average target price
6.11 CNY
Spread / Average Target
+22.20%
Consensus

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. 603323 Stock
  4. Financials Jiangsu Suzhou Rural Commercial Bank Co., Ltd