Loading…
Rural commercial bank serving Qingdao, lending mainly to local households, farmers and small businesses.
Rural commercial bank serving Qingdao, lending mainly to local households, farmers and small businesses.
Earns mostly from the gap between interest on loans and the cost of local deposits, plus smaller fees. As a rural commercial bank it is expected to serve farmers and small firms, and its lending is centred on Qingdao, so results follow that city's businesses and property market.
Moat: narrow (regulatory licence, distribution). Established local branch network gives a deposit-funding advantage over new entrants.
Headquarters: Qingdao, Shandong, China · Employees: 6,025
Size Qingdao Rural Commercial Bank (002958.SZ) is a China Financials company (Regional Banks) with a market value of $2.47B, the 1042nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥2.97 on 6 Nov 2026.
Performance Over six months the shares fell 2.3%, against +6.2% for the median peer and -16.4% for the China market (cap-weighted) — 4th lowest of 21 in its peer set.
Growth Revenue fell 9.2% over the last twelve months (peer median +4.2%); the operating margin is 31.8% (peer median 37.3%).
Valuation It trades at 0.41× book value against a peer median of 1.20× (2nd cheapest of 21).
Price implies The share price implies a return on equity of about 2.5%; Qingdao Rural Commercial Bank delivers 7.9%, so the price asks less than the business earns today.
Next results Next results expected around 26 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥17.0B | CN¥16.7B | CN¥19.7B | CN¥19.3B | CN¥18.6B |
| Revenue growth | — | -15% | +2% | +4% | — |
| Net income | CN¥3.07B | CN¥2.89B | CN¥2.62B | CN¥2.33B | CN¥2.08B |
| Free cash flow | CN¥11.4B | CN¥7.48B | CN¥8.62B | CN¥8.55B | -CN¥1.24B |
| Capital expenditure | CN¥145M | CN¥88.4M | CN¥124M | CN¥122M | CN¥250M |
| Total debt | CN¥108B | CN¥120B | CN¥128B | CN¥124B | CN¥113B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Qingdao Rural Commercial Bank 002958.SZ | $2.47B | -2% | -9% | 8% | 0.41× | 2.5% |
| Bank of Qingdao 002948.SZ | $4.78B | +3% | +3% | 13% | 0.85× | 5.0% |
| Jiangsu Changshu Rural Commercial Bank 601128.SS | $3.48B | -4% | -1% | 14% | 0.67× | 2.5% |
| Chongqing Rural Commercial Bank 601077.SS | $11.7B | -1% | -1% | 9% | 0.57× | 2.3% |
| Qilu Bank 601665.SS | $6.02B | +2% | +1% | 12% | 0.75× | 3.2% |
| Jiangsu Zhangjiagang Rural Commercial Bank 002839.SZ | $1.61B | -4% | -10% | 11% | 0.54× | 2.6% |
| Jiangsu Zijin Rural Commercial Bank 601860.SS | $1.39B | -6% | -9% | 6% | 0.43× | 2.9% |
| Wuxi Rural Commercial Bank 600908.SS | $1.94B | +3% | -5% | 10% | 0.54× | 2.8% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 002958.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +0.7% | -0.5% | 10th highest of 21 |
| 6-month return | -2.3% | +6.2% | 4th lowest of 21 |
| Return on equity | 8.0% | 9.8% | 5th lowest of 21 |
| Price / book | 0.41× | 1.20× | 2nd cheapest of 21 |
| Trailing P/E | 6.6× | 11.8× | 3rd cheapest of 21 |
| ROE the price implies | 2.5% | 8.8% | least demanding of 20 |
| ROE delivered | 7.9% | 9.9% | 5th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Qingdao Rural Commercial Bank 002958.SZ | China | $2.47B | -2% | -9% | 8% | 0.41× | 2.5% | 7.9% |
| Stock Yards Bancorp SYBT | United States | $2.46B | +10% | +10% | 32% | 2.17× | n/a | 32.4% |
| North Pacific Bank 8524.T | Japan | $2.50B | +8% | +25% | 7% | 1.02× | 8.1% | 7.1% |
| Dah Sing Banking 2356.HK | Hong Kong | $2.45B | +5% | -8% | 8% | 0.53× | 5.5% | 7.5% |
| Banner BANR | United States | $2.55B | +7% | +2% | 10% | 1.20× | 10.1% | 10.0% |
| Beacon Financial BBT | United States | $2.57B | +6% | +74% | 9% | 1.02× | 7.9% | 9.1% |
| Merchants Bancorp MBIN | United States | $2.38B | +12% | 0% | 14% | 1.23× | 12.6% | 13.6% |
| Trustmark TRMK | United States | $2.58B | 0% | -4% | 11% | 1.25× | 9.6% | 11.2% |
| Banco di Desio e della Brianza BDB.MI | Italy | $2.37B | +80% | +2% | 9% | 1.41× | 12.0% | 9.0% |
| Dongguan Rural Commercial Bank 9889.HK | Hong Kong | $2.63B | -14% | 0% | 7% | 0.29× | 3.7% | 6.6% |
| First Busey BUSE | United States | $2.33B | +8% | +17% | 10% | 1.03× | 8.8% | 9.8% |
| City Union Bank CUB.NS | India | $2.31B | +8% | +22% | 14% | 1.94× | 29.8% | 14.1% |
| Juroku Financial Group,Inc 7380.T | Japan | $2.30B | 0% | +16% | 6% | 0.70× | 6.3% | 6.1% |
| Xiamen Bank 601187.SS | China | $2.67B | -13% | 0% | 10% | 0.63× | 3.2% | 10.0% |
| First Bancorp FBNC | United States | $2.67B | +10% | +14% | 10% | 1.56× | 12.2% | 9.9% |
| Weihai Bank 9677.HK | Hong Kong | $2.70B | +5% | +6% | 9% | 0.64× | 4.5% | 9.2% |
| Suruga Bank 8358.T | Japan | $2.73B | +10% | +13% | 14% | 1.32× | 8.2% | 13.7% |
| Bank of Hawaii BOH | United States | $2.73B | -13% | +1% | 14% | 1.84× | 13.0% | 13.6% |
| Union Bank of Taiwan 2838.TW | Taiwan | $2.75B | +2% | -9% | 8% | 1.06× | 3.7% | 8.5% |
| Enterprise Financial Services EFSC | United States | $2.21B | +4% | +2% | 10% | 1.20× | 10.2% | 9.6% |
| Customers Bancorp CUBI | United States | $2.82B | +10% | +8% | 14% | 1.29× | 14.7% | 13.6% |