BANK OF NINGBO (China) Today

002142
  

CNY 29.84  0.76  2.61%   

Market Performance
0 of 100
Odds Of Distress
Over 73
BANK OF NINGBO is trading at 29.84 as of the 16th of August 2022, a 2.61 percent up since the beginning of the trading day. The stock's open price was 29.08. BANK OF NINGBO has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for BANK OF NINGBO are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of August 2020 and ending today, the 16th of August 2022. Click here to learn more.
Bank of Ningbo Co., Ltd. provides various personal and business banking products and services in the Peoples Republic of China. Bank of Ningbo Co., Ltd. was founded in 1997 and is headquartered in Ningbo, the Peoples Republic of China. BANK OF NINGBO operates under BanksRegional classification in China and is traded on Shenzhen Stock Exchange. The company has 6.6 B outstanding shares. More on BANK OF NINGBO

BANK OF NINGBO Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. BANK OF NINGBO's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding BANK OF NINGBO or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
BANK OF NINGBO generated a negative expected return over the last 90 days
BANK OF NINGBO has high likelihood to experience some financial distress in the next 2 years
About 55.0% of the company shares are owned by insiders or employees
Vice Chairman of the BoardFeng Yu
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of BANK OF NINGBO's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldOvervalued
BANK OF NINGBO (002142) is traded on Shenzhen Stock Exchange in China and employs 24,177 people. The company currently falls under 'Mega-Cap' category with current market capitalization of 197.05 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate BANK OF NINGBO's market, we take the total number of its shares issued and multiply it by BANK OF NINGBO's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. BANK OF NINGBO operates under Financial Services sector and is part of Banks—Regional industry. The entity has 6.6 B outstanding shares. BANK OF NINGBO has accumulated about 582.17 B in cash with 98.65 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 88.16, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check BANK OF NINGBO Probability Of Bankruptcy
Ownership
BANK OF NINGBO holds a total of six billion six hundred million outstanding shares. BANK OF NINGBO retains considerable amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how much assets the company secures, if the real value of the entity is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check 002142 Ownership Details

BANK OF NINGBO Historical Income Statement

BANK OF NINGBO Income Statement is one of the three primary financial statements used for reporting 002142's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of BANK OF NINGBO revenue and expense. BANK OF NINGBO Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of August 16, 2022, Net Income is expected to decline to about 5 B. In addition to that, Operating Income is expected to decline to about 6.1 B View More Fundamentals

002142 Stock Against Markets

Picking the right benchmark for BANK OF NINGBO stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in BANK OF NINGBO stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for BANK OF NINGBO is critical whether you are bullish or bearish towards BANK OF NINGBO at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in BANK OF NINGBO without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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BANK OF NINGBO Corporate Directors

BANK OF NINGBO corporate directors refer to members of a BANK OF NINGBO board of directors. The board of directors generally takes responsibility for the BANK OF NINGBO's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of BANK OF NINGBO's board members must vote for the resolution. The BANK OF NINGBO board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Hong Geng - Independent DirectorProfile
Jijun Fu - Independent DirectorProfile
Guanghua Chen - DirectorProfile
Peijiong Feng - Deputy Head of the Bank, DirectorProfile

Invested in BANK OF NINGBO?

You need to understand the risk of investing before taking a position in BANK OF NINGBO. The danger of trading BANK OF NINGBO is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of BANK OF NINGBO is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than BANK OF NINGBO. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile BANK OF NINGBO is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. Note that the BANK OF NINGBO information on this page should be used as a complementary analysis to other BANK OF NINGBO's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for 002142 Stock analysis

When running BANK OF NINGBO price analysis, check to measure BANK OF NINGBO's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BANK OF NINGBO is operating at the current time. Most of BANK OF NINGBO's value examination focuses on studying past and present price action to predict the probability of BANK OF NINGBO's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move BANK OF NINGBO's price. Additionally, you may evaluate how the addition of BANK OF NINGBO to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between BANK OF NINGBO's value and its price as these two are different measures arrived at by different means. Investors typically determine BANK OF NINGBO value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BANK OF NINGBO's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.