Chongqing Rural Commercial Bank Co Ltd
SSE:601077

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Chongqing Rural Commercial Bank Co Ltd
SSE:601077
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Price: 5.95 CNY -1%
Market Cap: 67.6B CNY
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Chongqing Rural Commercial Bank Co Ltd
Tax Provision

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Chongqing Rural Commercial Bank Co Ltd
Tax Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Tax Provision CAGR 3Y CAGR 5Y CAGR 10Y
Chongqing Rural Commercial Bank Co Ltd
SSE:601077
Tax Provision
-ÂĄ1.1B
CAGR 3-Years
11%
CAGR 5-Years
16%
CAGR 10-Years
N/A
Bank of Nanjing Co Ltd
SSE:601009
Tax Provision
-ÂĄ3.7B
CAGR 3-Years
-13%
CAGR 5-Years
-13%
CAGR 10-Years
-11%
B
Bank of Hangzhou Co Ltd
SSE:600926
Tax Provision
-ÂĄ2B
CAGR 3-Years
-25%
CAGR 5-Years
-28%
CAGR 10-Years
N/A
Bank of Jiangsu Co Ltd
SSE:600919
Tax Provision
-ÂĄ9.4B
CAGR 3-Years
-27%
CAGR 5-Years
-53%
CAGR 10-Years
N/A
Bank of Chengdu Co Ltd
SSE:601838
Tax Provision
-ÂĄ2.1B
CAGR 3-Years
-34%
CAGR 5-Years
-29%
CAGR 10-Years
N/A
Bank of Ningbo Co Ltd
SZSE:002142
Tax Provision
-ÂĄ3.4B
CAGR 3-Years
-65%
CAGR 5-Years
-28%
CAGR 10-Years
-10%
No Stocks Found

Chongqing Rural Commercial Bank Co Ltd
Glance View

Market Cap
67.6B CNY
Industry
Banking

Chongqing Rural Commercial Bank Co., Ltd. is a testament to the transformative power of banking within China's rural landscapes, underscoring how financial institutions can stimulate economic growth in less urbanized regions. Headquartered in Chongqing, a major city that straddles the Yangtze and Jialing Rivers, this bank has positioned itself as a vital cog in the local financial ecosystem. By focusing on small to medium enterprises and rural communities, it plays an essential role in the grassroots development of the region. Its operations revolve around traditional financial services, including deposit and loan products, tailored to meet the nuanced needs of the rural and agricultural segments. The bank's ability to innovate in risk management and adhere to prudent financial policies helps it maintain a steady growth trajectory amidst an ever-evolving economic landscape. Beyond conventional banking, Chongqing Rural Commercial Bank extends its influence through strategic investments and partnerships, leveraging its deep understanding of local markets. Its revenue streams emanate not just from the margins between deposit and lending rates but also from an increasing suite of financial products and services aimed at personal banking, corporate banking, and financial market operations. The bank is adept at embedding itself in the community, promoting financial literacy, and offering inclusive products that foster development. By harnessing technology and digital banking solutions, it continues to widen its customer base while ensuring operational efficiency. This dual focus on technology and community underscores its commitment to remaining a cornerstone of financial support in one of China's most dynamic regions.

Intrinsic Value
14.82 CNY
Undervaluation 60%
Intrinsic Value
Price

See Also

What is Chongqing Rural Commercial Bank Co Ltd's Tax Provision?
Tax Provision
-1.1B CNY

Based on the financial report for Dec 31, 2023, Chongqing Rural Commercial Bank Co Ltd's Tax Provision amounts to -1.1B CNY.

What is Chongqing Rural Commercial Bank Co Ltd's Tax Provision growth rate?
Tax Provision CAGR 5Y
16%

Over the last year, the Tax Provision growth was 1%. The average annual Tax Provision growth rates for Chongqing Rural Commercial Bank Co Ltd have been 11% over the past three years , 16% over the past five years .

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