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Companies Financials 3866.HK
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3866.HK HKEX Banks

Bank of Qingdao Co Ltd

HK$4,57
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Mcap
10,5B HKD
P/E
EV / Rev
Div yield
4,62 %
Op margin
ROE
10,5 %
Net margin
46,9 %
Debt / equity
3,95
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

Bank of Qingdao Co Ltd is a commercial bank operating in the Financials sector, generating revenue through interest income and banking services.

Business. Bank of Qingdao Co Ltd (3866.HK) is a commercial bank headquartered in China that operates within the Banking Services industry. The company generates revenue primarily through interest income, consistent with standard commercial banking activities. It is listed on the Hong Kong Stock Exchange under the ticker symbol 3866.HK. Specific details regarding operating segments or geographic revenue breakdowns are not available.

Classification62 %
SectorFinancials
Business sectorBanking & Investment Services
Industry groupBanking Services
IndustryBanks
ActivityCommercial Banks
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
10,5 %
return on equity
Quality
not yet scored

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.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 3866.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials · THIS SECTOR−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 3866.HK. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Peers
    • DividendDividend USD 1.75/sh2026-09-25 · Bank of America (BAC)
    • EarningsQ3 2026 earnings (expected)2026-10-13 · estimated · JPMorgan Chase (JPM)
    • EarningsQ3 2026 earnings (expected)2026-10-13 · estimated · Citigroup (C)
    • 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

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Bank of Qingdao Co Ltd (3866.HK) is a commercial bank headquartered in China that operates within the Banking Services industry. The company generates revenue primarily through interest income, consistent with standard commercial banking activities. It is listed on the Hong Kong Stock Exchange under the ticker symbol 3866.HK. Specific details regarding operating segments or geographic revenue breakdowns are not available.

    Classification62 %
    SectorFinancials
    Business sectorBanking & Investment Services
    Industry groupBanking Services
    IndustryBanks
    ActivityCommercial Banks
    AI synthesis
    GENERATED

    Bank of Qingdao maintains a capital structure characterized by high leverage typical of the banking industry, with total liabilities of CNY 765.79 billion against total equity of CNY 49.17 billion. The debt-to-equity ratio stands at 3.95, reflecting the deposit-funded nature of its operations. Liquidity is assessed as medium risk, with a key flag noting that net cash is negative after subtracting total debt. The company generated operating cash flow of CNY 8.80 billion and free cash flow of CNY 4.14 billion in the latest period.

    Profitability metrics indicate a return on equity of 10.55% and a return on assets of 0.64%. The company reported net income of CNY 5.19 billion on revenue of CNY 11.07 billion. Without specific cohort median data provided in the input, these returns are evaluated against general industry standards for commercial banks, where ROE above 10% is often considered adequate. The net interest margin and non-interest income contributions are not explicitly broken out in the available data.

    Key takeaways
    • Bank of Qingdao trades at a low P/E of 1.97 and P/B of 0.21, indicating a significant discount to book value.
    • The company generates CNY 4.14 billion in free cash flow, supporting its capital structure despite high leverage.
    • Return on equity of 10.55% suggests adequate profitability relative to equity capital.
    • Liquidity risk is rated medium, with a noted negative net cash position after debt subtraction.
    • Dilution risk is assessed as low, with basic and diluted shares outstanding being identical.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    HK$4,57
    Market cap
    HK$10.24B
    Enterprise value
    HK$204.33B
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    23.2x
    P / B
    0.2x
    P / Tangible book
    0.2x
    Tangible book
    HK$49.17B
    Net cash
    -HK$194.08B
    Current ratio
    Debt / equity
    4.0
    ROA
    0.6%
    ROE
    10.5%
    Cash conversion
    170.0%
    CapEx / revenue
    -3.4%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Consumer & Retail Banking
    low · llm_fanout_v2
    Corporate & Institutional Banking
    low · llm_fanout_v2
    Corporate & Investment Banking
    low · llm_fanout_v2
    Retail Banking Services
    low · llm_fanout_v2

    Market share

    — missing data

    Business relationships

    Business relationships3 disclosed relationships · 1 type · extracted from filings & disclosures
    Competitors3
    Bank Of America CorpBAC.OCompetitor50%
    CITIGROUP INC.C.NCompetitor50%
    JPMORGAN CHASE & CO.JPM.NCompetitor50%

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Net Margin46,9 %Above median
    ROE10,5 %Above median
    Capex / Rev-3,4 %Above median
    D/E3,95Bottom quartile
    Cash Conv1,70Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    • Reference data
    How metrics are computed
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Market Cap
      market_price * shares_outstanding_diluted
    • Ev To Revenue
      enterprise_value / revenue
    • Return On Assets
      net_income / total_assets
    • Price To Tangible Book
      market_price / (tangible_book_value / shares_outstanding_diluted)
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    Source documents
    • Bank of Qingdao Co Ltd Market data — financials · 2026-07-11

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    3866.HKCanonical
    HKEX · HKD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.
    Relationship graph
    3866JPMBACCBanks
    This companyPeerSector

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data · Reference data Premium coverage