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Zhejiang-based joint-stock commercial bank focused on SME and private-enterprise lending in China's most entrepreneurial province.
Zhejiang-based joint-stock commercial bank focused on SME and private-enterprise lending in China's most entrepreneurial province.
Same bank as the Shanghai-listed A shares. Earns mainly from the spread between loan interest and deposit costs, with corporate lending the larger book and supply-chain finance for suppliers to larger firms on top. It listed in Hong Kong in 2019.
In one line: A regional Chinese bank serving Zhejiang's SME economy.
Moat: narrow (regulatory licence, distribution). Deep relationships in Zhejiang's dense private-enterprise economy.
Headquarters: Hangzhou, China · Founded: 1993 · Employees: 25,016
Size China Zheshang Bank (2016.HK) is a Hong Kong Financials company (Major Banks) with a market value of $11.5B, the 149th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$2.42 on 6 Nov 2026.
Performance Over six months the shares fell 2.8%, against +3.8% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 6th lowest of 21 in its peer set.
Growth Revenue grew 1.2% over the last twelve months (peer median +3.6%); the operating margin is 24.0% (peer median 43.4%).
Valuation It trades at 0.31× book value against a peer median of 1.14× (cheapest of 21).
Price implies The share price implies a return on equity of about 3.9%; China Zheshang Bank delivers 7.3%, so the price asks less than the business earns today.
Next results Next results expected around 30 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$135B | HK$131B | HK$146B | HK$140B | HK$136B |
| Revenue growth | — | -10% | +4% | +4% | — |
| Net income | HK$14.9B | HK$13.0B | HK$15.4B | HK$15.6B | HK$13.7B |
| Free cash flow | HK$204B | -HK$9.71B | -HK$5.56B | HK$68.5B | HK$48.1B |
| Capital expenditure | HK$4.66B | HK$9.91B | HK$11.6B | HK$10.9B | HK$6.27B |
| Total debt | HK$1.29T | HK$1.28T | HK$1.21T | HK$1.15T | HK$850B |
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 |
|---|---|---|---|---|---|---|
| China Zheshang Bank 2016.HK | $11.5B | -3% | +1% | 7% | 0.31× | 3.9% |
| China Everbright Bank 6818.HK | $26.6B | -10% | -3% | 5% | 0.28× | 3.9% |
| China Minsheng Banking 1988.HK | $21.9B | -13% | -5% | 4% | 0.20× | 3.8% |
| Bank of Ningbo 002142.SZ | $34.0B | +3% | +3% | 13% | 0.92× | 7.0% |
| Bank of Hangzhou 600926.SS | $18.6B | -2% | -3% | 14% | 0.86× | 3.0% |
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 | 2016.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +3.0% | +3.3% | 9th lowest of 21 |
| 6-month return | -2.8% | +3.8% | 6th lowest of 21 |
| Return on equity | 7.3% | 11.8% | 2nd lowest of 21 |
| Price / book | 0.31× | 1.14× | cheapest of 21 |
| Trailing P/E | 4.5× | 10.1× | 4th cheapest of 20 |
| ROE the price implies | 3.9% | 11.7% | 4th least demanding of 21 |
| ROE delivered | 7.3% | 11.8% | 2nd lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| China Zheshang Bank 2016.HK | Hong Kong | $11.5B | -3% | +1% | 7% | 0.31× | 3.9% | 7.3% |
| Canara Bank CANBK.NS | India | $11.8B | -10% | -7% | 17% | 0.87× | 17.1% | 16.8% |
| Shinkin Central Bank Pfd Subs Cert 8421.T | Japan | $10.3B | -1% | +47% | 3% | 1.02× | 4.4% | 3.0% |
| Indian Bank INDIANB.NS | India | $12.9B | +5% | +12% | 16% | 1.40× | 18.5% | 16.1% |
| UMB Financial UMBF | United States | $10.2B | +2% | +17% | 14% | 1.34× | 11.2% | 13.5% |
| SouthState Bank SSB | United States | $10.1B | +8% | +18% | 10% | 1.11× | 9.3% | 10.3% |
| Shanghai Rural Commercial Bank 601825.SS | China | $13.1B | +1% | -8% | 10% | 0.65× | 2.5% | 9.6% |
| Zions Bancorporation NA Depositary Shs Repr 1/40th Int Ser A Flt Rt Non Cum Perp Pfd ZIONP | United States | $9.72B | -16% | +4% | 16% | 0.31× | 4.0% | 16.5% |
| Bank of Baroda BANKBARODA.NS | India | $13.7B | -7% | +8% | 12% | 0.74× | 13.2% | 11.8% |
| Unicaja Banco UNI.MC | Spain | $9.53B | +20% | -3% | 10% | 1.34× | 12.2% | 10.1% |
| Old National Bancorp ONB | United States | $9.43B | +3% | +18% | 12% | 1.17× | 10.3% | 11.5% |
| AL Sydbank A/S ALSYDB.CO | Denmark | $9.20B | +37% | +27% | 10% | 1.78× | 6.3% | 9.6% |
| Bankinter BKT.MC | Spain | $14.5B | +4% | 0% | 18% | 1.87× | 12.4% | 17.6% |
| IDBI Bank IDBI.NS | India | $9.04B | +5% | +3% | 12% | 1.18× | 26.1% | 11.8% |
| Jyske Bank A/S JYSK.CO | Denmark | $9.02B | +25% | +3% | 10% | 1.32× | 5.3% | 10.3% |
| Federal Bank Ltd. (India) FEDERALBNK.NS | India | $8.81B | +14% | +11% | 13% | 1.97× | 27.7% | 13.1% |
| Union Bank of India UNIONBANK.NS | India | $15.1B | +12% | 0% | 16% | 0.99× | 16.4% | 16.3% |
| FinecoBank FBK.MI | Italy | $15.4B | +3% | +5% | 32% | 5.71× | 43.8% | 32.3% |
| Punjab National Bank PNB.NS | India | $15.4B | +16% | +3% | 15% | 0.90× | 17.0% | 15.1% |
| Hua Xia Bank 600015.SS | China | $15.7B | -5% | -1% | 8% | 0.32× | 1.8% | 7.6% |
| Huishang Bank 3698.HK | Hong Kong | $8.31B | -8% | +1% | 11% | 0.36× | 3.8% | 10.7% |