Bank of Qingdao Co Ltd (China) Today

002948 Stock   3.73  0.02  0.53%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
Bank of Qingdao Co Ltd is trading at 3.73 as of the 1st of December 2024, a 0.53 percent decrease since the beginning of the trading day. The stock's open price was 3.75. Bank of Qingdao Co Ltd has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Bank of Qingdao are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of November 2024 and ending today, the 1st of December 2024. Click here to learn more.

Moving together with Bank Stock

  0.84601398 Industrial and CommercialPairCorr
  0.73601288 Agricultural BankPairCorr
  0.89601939 China Construction BankPairCorr
  0.75601988 Bank of ChinaPairCorr
  0.84601658 Postal Savings BankPairCorr
  0.75601328 Bank of CommunicationsPairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Bank 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. Bank of Qingdao Co Ltd's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Bank of Qingdao Co Ltd or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Joint PresidentQiaowen Zhang
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, Financials, Banks, Banks-Regional, Financial Services (View all Sectors)
Bank of Qingdao (002948) is traded on Shenzhen Stock Exchange in China and employs 5,027 people. Bank of Qingdao Co Ltd is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 19.07 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Bank of Qingdao Co Ltd's market, we take the total number of its shares issued and multiply it by Bank of Qingdao Co Ltd'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 those looking for more risk prefer small-cap and mid-cap equities. Bank of Qingdao Co Ltd operates under Banks sector and is part of Financials industry. The entity has 3.53 B outstanding shares. Bank of Qingdao Co Ltd generates positive cash flow from operations, but has no cash available
Check Bank of Qingdao Co Ltd Probability Of Bankruptcy
Ownership Allocation
Bank of Qingdao Co Ltd holds a total of 3.53 Billion outstanding shares. Bank of Qingdao retains significant 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's 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 many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Bank Ownership Details

Bank of Qingdao Co Ltd Risk Profiles

Although Bank of Qingdao Co Ltd's alpha and beta are two of the key measurements used to evaluate Bank of Qingdao Co Ltd's performance over the market, the standard measures of volatility play an important role as well.

Bank Stock Against Markets

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Bank of Qingdao Co Ltd Corporate Directors

Peng LiuVP DirectorProfile
Lin WangPres DirectorProfile
Zailun JingExecutive DirectorsProfile
Shuang ChenVP DirectorProfile

Other Information on Investing in Bank Stock

Bank of Qingdao Co Ltd financial ratios help investors to determine whether Bank Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bank with respect to the benefits of owning Bank of Qingdao Co Ltd security.