China Bohai Bank Co Ltd

China Bohai Bank maintains a capital structure characterized by high leverage typical of the banking industry, with a debt-to-equity ratio of 3.85. The bank holds total assets of CNY 1,934.4 billion against total liabilities of CNY 1,809.2 billion, resulting in total equity of CNY 125.2 billion. Long-term debt stands at CNY 481.5 billion. Liquidity is assessed as medium risk, with a key flag noting that net cash is negative after subtracting total debt. The bank generates operating cash flow of CNY 666.3 million and free cash flow of CNY 6.45 billion, while capital expenditure is minimal at CNY -433.3 million.

Profitability metrics indicate modest returns, with a return on equity (ROE) of 4.2% and a return on assets (ROA) of 0.27%. The bank reports net income of CNY 5.50 billion on revenue of CNY 17.31 billion. Valuation multiples reflect a deep discount to book value, with a price-to-book ratio of 0.11 and a price-to-tangible-book ratio of 0.11. The price-to-earnings ratio is 2.6, suggesting the market prices the earnings at a significant discount. The enterprise value to revenue ratio is 32.16.

Segment and geographic revenue concentration data is not provided in the available input, preventing a detailed analysis of revenue mix by segment or region. The bank operates as a commercial entity within the Chinese banking sector, but specific disclosures regarding customer or product concentration are absent from the current dataset.

Growth trajectory analysis is limited due to the absence of historical period data in the input. Without five-year annual or eight-quarter quarterly revenue and net income trends, it is not possible to assess the direction or velocity of revenue growth or profitability changes over time. The current snapshot provides a static view of financial performance without historical context for trend reasoning.

Risk assessment highlights medium liquidity risk and low dilution risk. The primary financial flag is the negative net cash position after accounting for total debt. Dilution risk is low, with basic and diluted shares outstanding both at 17.76 billion, indicating no current options or convertible securities impacting share count. The bank’s ESG profile shows a total score of 39.56 with a grade of C, driven by a strong environment pillar score of 56.06 but a weak governance pillar score of 27.58.

Recent events and observations are limited to ESG disclosures and competitor context. The bank’s ESG controversies score is 100, indicating few controversies. Competitor context lists JPMorgan Chase, Bank of America, and Citigroup, though no comparative financial data is provided for these entities. No specific filing, news, or transcript observations are present in the input data to detail recent corporate actions or market reactions.

The stock trades at a deep 0.11 price-to-book ratio, suggesting significant undervaluation relative to tangible book value.

Free cash flow surged 17.5% year-over-year to CNY 6.45 billion, demonstrating strong liquidity generation capabilities.

Total assets grew 4.9% year-over-year to CNY 1.93 trillion, reflecting steady balance sheet expansion.

Equity increased 13.7% year-over-year, providing a growing capital base to support future lending activities.

Net income declined at a 10.7% four-year CAGR, signaling a persistent and concerning long-term earnings deterioration.

Return on equity of 4.2% lags the bank cohort median of 6.3%, showing inferior capital efficiency.

Return on assets of 0.27% is extremely low, highlighting minimal profitability generated from the total asset base.

The company faces medium liquidity risk, which could constrain operational flexibility during periods of market stress.

Revenue ¥15.40B, −11,9% YoY; Net income +3,4% YoY.

• ▍Revenue ¥15.40B, −11,9% YoY
• ▍Net income +3,4% YoY
• ▍Free cash flow +4,1% YoY
• ▍Net margin 34.1%

Revenue ¥17.49B, −22,3% YoY; Net income −16,8% YoY.

• ▍Revenue ¥17.49B, −22,3% YoY
• ▍Net income −16,8% YoY
• ▍Free cash flow +20,6% YoY
• ▍Net margin 29.1%

Revenue ¥22.51B, −10,1% YoY; Net income −29,2% YoY.

• ▍Revenue ¥22.51B, −10,1% YoY
• ▍Net income −29,2% YoY
• ▍Free cash flow −37,5% YoY
• ▍Net margin 27.1%

Revenue ¥25.04B; Net margin 34.5%.

• ▍Revenue ¥25.04B
• ▍Net margin 34.5%