Bank of Ningbo Co Ltd
SZSE:002142

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Bank of Ningbo Co Ltd
SZSE:002142
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Price: 24.52 CNY 1.2%
Market Cap: 161.9B CNY
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Bank of Ningbo 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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Bank of Ningbo Co Ltd
Tax Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Tax Provision CAGR 3Y CAGR 5Y CAGR 10Y
Bank of Ningbo Co Ltd
SZSE:002142
Tax Provision
-ÂĄ3.4B
CAGR 3-Years
-65%
CAGR 5-Years
-28%
CAGR 10-Years
-10%
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
No Stocks Found

Bank of Ningbo Co Ltd
Glance View

Market Cap
161.9B CNY
Industry
Banking

Nestled in the bustling economic hub of China's eastern coast, Bank of Ningbo Co Ltd has emerged as a formidable player in the banking sector. Its establishment in the picturesque city of Ningbo set the stage for swift growth driven by an agile business model adept at capturing the nuances of China's ever-evolving financial landscape. Primarily, the bank serves small and medium-sized enterprises (SMEs), tapping into the entrepreneurial spirit that defines much of the region's economic vigor. Through a network of strategically located branches and an innovative digital platform, Bank of Ningbo stands out by offering tailored financial solutions that cater specifically to the unique needs of local businesses, positioning itself as an indispensable partner in their growth trajectories. The bank's strategy hinges on a diversified revenue stream, deftly balancing traditional banking services—such as deposits and loans—with more progressive offerings, including asset management, wealth management, and investment banking. Regular revenue from interest spread on loans ensures a steady income, while fee-based services provide a cushion against volatile interest rates. This dual approach not only bolsters its financial stability but also underscores its adaptability in meeting market demands. By integrating cutting-edge technology with personalized customer service, Bank of Ningbo not only enhances operational efficiency but also enriches client relationships, reinforcing its solid reputation in both local and national markets.

Intrinsic Value
90.93 CNY
Undervaluation 73%
Intrinsic Value
Price

See Also

What is Bank of Ningbo Co Ltd's Tax Provision?
Tax Provision
-3.4B CNY

Based on the financial report for Sep 30, 2024, Bank of Ningbo Co Ltd's Tax Provision amounts to -3.4B CNY.

What is Bank of Ningbo Co Ltd's Tax Provision growth rate?
Tax Provision CAGR 10Y
-10%

Over the last year, the Tax Provision growth was -61%. The average annual Tax Provision growth rates for Bank of Ningbo Co Ltd have been -65% over the past three years , -28% over the past five years , and -10% over the past ten years .

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