China Everbright Bank Co Ltd
China Everbright Bank Co Ltd operates as a commercial bank within the Financials sector, generating revenue through interest income and fee-based services.
Business. China Everbright Bank Co Ltd (6818.HK) is a financial services company operating in the Investment Management & Fund Operators industry, primarily engaged in asset management and custody services. The firm generates revenue through a fee-income model, with key performance indicators including total assets under management, organic net flows, and average fee rates. Headquartered in China, the company is listed on the Hong Kong Stock Exchange. Specific details regarding operating segments and geographic revenue mix are not available.
Analyst recommendations
6 analysts · consensus HoldAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
China Everbright Bank Co Ltd (6818.HK) is a financial services company operating in the Investment Management & Fund Operators industry, primarily engaged in asset management and custody services. The firm generates revenue through a fee-income model, with key performance indicators including total assets under management, organic net flows, and average fee rates. Headquartered in China, the company is listed on the Hong Kong Stock Exchange. Specific details regarding operating segments and geographic revenue mix are not available.
China Everbright Bank maintains a capital structure characterized by high leverage typical of the banking industry, with total liabilities of CNY 6.56 trillion against total assets of CNY 7.17 trillion. The debt-to-equity ratio stands at 2.5, reflecting the asset-liability management model where customer deposits and long-term debt of CNY 1.51 trillion fund lending activities. Liquidity is assessed as medium risk, with operating cash flow of CNY 162.9 billion supporting a free cash flow of CNY 17.9 billion after capital expenditures of CNY 7.5 billion. The balance sheet shows total equity of CNY 604.8 billion, providing a buffer against asset quality deterioration.
Profitability metrics indicate modest returns on capital, with a return on equity (ROE) of 6.35% and a return on assets (ROA) of 0.54%. The company generated net income of CNY 38.8 billion on revenue of CNY 91.8 billion, resulting in a net margin of approximately 42%. While specific cohort medians are not provided for direct comparison, the ROE and ROA figures are consistent with large-scale commercial banking operations in emerging markets where net interest margins are often compressed. The valuation snapshot shows a price-to-book ratio of 0.06, suggesting the market prices the equity at a significant discount to its book value.
- The bank trades at a significant discount to book value with a P/B ratio of 0.06, implying market skepticism about asset quality or future earnings power.
- ROE of 6.35% and ROA of 0.54% reflect modest profitability, consistent with large Chinese commercial banks facing margin pressure.
- Liquidity is rated medium, with strong operating cash flow of CNY 162.9 billion offset by high leverage and negative net cash after debt.
- Analyst sentiment is neutral, with a mean recommendation of 3.17 and a mean price target of 3.52 CNY, suggesting limited upside from current levels.
- Dilution risk is low, with no difference between basic and diluted shares outstanding, indicating stable equity structure.
Bull / Bear case
Generated · model-assistedThe stock trades at a 0.06 price-to-book ratio, significantly below book value, suggesting deep undervaluation relative to tangible assets.
Return on equity of 6.35% outperforms the 4.13% cohort median, demonstrating better capital utilization than industry peers.
Total assets grew 5.0% annually over four years, reflecting consistent balance sheet expansion despite revenue headwinds.
Analysts project 2.8% upside to a mean price target of 3.525, implying modest near-term valuation support.
Revenue declined 4.8% annually over four years, signaling persistent top-line erosion and weakening business momentum.
Long-term debt surged to 1.51 trillion CNY in FY0, raising concerns about leverage and financial flexibility.
Free cash flow dropped 6.4% year-over-year, indicating reduced cash generation capacity amid declining revenues.
Medium liquidity risk flags suggest potential challenges in meeting short-term obligations or funding needs.
In focus — financials by report
Revenue ¥23.22B, −3,6% YoY; Net income −44,9% YoY.
- ▍Revenue ¥23.22B, −3,6% YoY
- ▍Net income −44,9% YoY
- ▍Free cash flow +121,7% YoY
- ▍Net margin 7.8%
Revenue ¥23.45B, −4,2% YoY; Net income −11,0% YoY.
- ▍Revenue ¥23.45B, −4,2% YoY
- ▍Net income −11,0% YoY
- ▍Free cash flow +242,7% YoY
- ▍Net margin 52.9%
Revenue ¥22.89B, −4,3% YoY; Net income +0,8% YoY.
- ▍Revenue ¥22.89B, −4,3% YoY
- ▍Net income +0,8% YoY
- ▍Free cash flow −6,9% YoY
- ▍Net margin 53.1%
Revenue ¥91.78B, −4,7% YoY; Net income −6,9% YoY.
- ▍Revenue ¥91.78B, −4,7% YoY
- ▍Net income −6,9% YoY
- ▍Free cash flow −6,4% YoY
- ▍Net margin 42.3%
Revenue ¥96.28B, −10,1% YoY; Net income +2,2% YoY.
- ▍Revenue ¥96.28B, −10,1% YoY
- ▍Net income +2,2% YoY
- ▍Free cash flow −10,6% YoY
- ▍Net margin 43.3%
Revenue ¥107.08B, −5,4% YoY; Net income −9,0% YoY.
- ▍Revenue ¥107.08B, −5,4% YoY
- ▍Net income −9,0% YoY
- ▍Free cash flow −17,2% YoY
- ▍Net margin 38.1%
Revenue ¥113.23B, +1,4% YoY; Net income +3,2% YoY.
- ▍Revenue ¥113.23B, +1,4% YoY
- ▍Net income +3,2% YoY
- ▍Free cash flow +13,6% YoY
- ▍Net margin 39.6%
Revenue ¥111.69B; Net margin 38.9%.
- ▍Revenue ¥111.69B
- ▍Net margin 38.9%
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 0,62 |
| Revenue | —no estimate | —no estimate | 127,7B CNY |
| Operating income | —no estimate | —no estimate | 81,6B CNY |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
- Price To Earningsmarket_price / (net_income / shares_outstanding_diluted)
- Return On Equitynet_income / total_equity
- Capex To Revenuecapital_expenditure / revenue
- Market Capmarket_price * shares_outstanding_diluted
- Enterprise Valuemarket_cap - net_cash
- Return On Assetsnet_income / total_assets
- China Everbright Bank Co Ltd Market data — financials · 2026-07-13
- China Everbright Bank Co Ltd Market data — analyst estimates · 2026-07-13
- China Everbright Bank Co Ltd Market data — ESG · 2026-07-13
- China Everbright Bank Co Ltd — company reference export (2026-07-05) · 2026-07-13