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Rural/agricultural commercial bank serving Chongqing municipality, focused on retail and rural lending.
Rural/agricultural commercial bank serving Chongqing municipality, focused on retail and rural lending.
Same bank as the Shanghai-listed A shares. Earns mainly from the spread between loan interest and deposit costs. Formed in 2008 from Chongqing's rural credit cooperatives, it listed in Hong Kong in 2010.
In one line: A Chinese rural credit-cooperative-turned-bank.
Moat: narrow (regulatory licence, distribution). Dense rural branch network in Chongqing built from legacy rural credit cooperatives.
Headquarters: Chongqing, China · Founded: 1951 · Employees: 14,266
Size Chongqing Rural Commercial Bank (3618.HK) is a Hong Kong Financials company (Regional Banks) with a market value of $11.5B, the 148th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$6.58 on 6 Nov 2026.
Performance Over six months the shares fell 4.3%, against +5.5% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 5th lowest of 21 in its peer set.
Growth Revenue grew 3.9% over the last twelve months (peer median +7.9%); the operating margin is 49.9% (peer median 41.2%).
Valuation It trades at 0.44× book value against a peer median of 1.31× (cheapest of 21).
Price implies The share price implies a return on equity of about 4.1%; Chongqing Rural Commercial Bank delivers 9.5%, so the price asks less than the business earns today.
Next results Next results expected around 31 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$58.5B | HK$55.4B | HK$57.5B | HK$60.5B | HK$64.2B |
| Revenue growth | — | -4% | -5% | -6% | — |
| Net income | HK$14.8B | HK$13.2B | HK$12.5B | HK$12.0B | HK$11.9B |
| Free cash flow | HK$31.7B | HK$18.9B | HK$18.8B | HK$27.0B | HK$33.6B |
| Capital expenditure | HK$4.57B | HK$1.88B | HK$532M | HK$1.15B | HK$710M |
| Total debt | HK$613B | HK$524B | HK$445B | HK$445B | HK$449B |
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 |
|---|---|---|---|---|---|---|
| Chongqing Rural Commercial Bank 3618.HK | $11.5B | -4% | +4% | 9% | 0.44× | 4.1% |
| Bank of Chongqing 1963.HK | $5.11B | +1% | +10% | 10% | 0.41× | 4.2% |
| Huishang Bank 3698.HK | $8.31B | -8% | +1% | 11% | 0.36× | 3.8% |
| Guangzhou Rural Commercial Bank 1551.HK | $2.83B | -10% | -9% | 2% | 0.22× | 3.5% |
| Bank of Chengdu 601838.SS | $12.8B | +5% | +2% | 15% | 0.92× | 3.1% |
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 | 3618.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +5.1% | +2.8% | 8th highest of 21 |
| 6-month return | -4.3% | +5.5% | 5th lowest of 21 |
| Return on equity | 9.5% | 9.7% | 10th lowest of 21 |
| Price / book | 0.44× | 1.31× | cheapest of 21 |
| Trailing P/E | 5.0× | 14.4× | cheapest of 20 |
| ROE the price implies | 4.1% | 9.3% | 2nd least demanding of 20 |
| ROE delivered | 9.5% | 9.9% | 9th lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Chongqing Rural Commercial Bank 3618.HK | Hong Kong | $11.5B | -4% | +4% | 9% | 0.44× | 4.1% | 9.5% |
| IBK 024110.KS | South Korea | $11.4B | -14% | +28% | 8% | 0.49× | 4.2% | n/a |
| Yokohama Financial 7186.T | Japan | $11.1B | +7% | +21% | 8% | 1.21× | 8.1% | 8.0% |
| First Horizon FHN | United States | $10.9B | -6% | -8% | 8% | 1.34× | 9.7% | 8.0% |
| CNPC Capital 000617.SZ | China | $12.3B | -31% | -14% | 5% | 0.76× | 7.9% | 4.6% |
| Bank of Chengdu 601838.SS | China | $12.8B | +5% | +2% | 15% | 0.92× | 3.1% | 15.1% |
| Chiba Bank 8331.T | Japan | $10.3B | +9% | +31% | 8% | 1.28× | 6.9% | 8.3% |
| Wintrust Financial WTFC | United States | $10.2B | 0% | +6% | 13% | 1.49× | 12.2% | 12.9% |
| Chang Hwa Commercial Bank 2801.TW | Taiwan | $10.2B | +34% | +3% | 9% | 1.46× | 4.7% | 9.2% |
| Shizuoka Financial 5831.T | Japan | $10.0B | +6% | +18% | 8% | 1.21× | 10.5% | 8.2% |
| Popular BPOP | United States | $9.83B | +5% | +4% | 17% | 1.58× | 11.1% | 16.6% |
| Taiwan Cooperative Financial Hl 5880.TW | Taiwan | $13.6B | +22% | -3% | 9% | 1.55× | 4.8% | 8.9% |
| Cullen/Frost Bankers CFR | United States | $9.65B | +12% | +2% | 16% | 2.52× | 14.2% | 16.2% |
| Banque Cantonale Vaudoise BCVN.SW | Switzerland | $14.4B | +20% | -8% | 12% | 3.07× | n/a | 11.6% |
| SBI Shinsei Bank 8303.T | Japan | $9.20B | -11% | +27% | 10% | 1.15× | 4.7% | 9.9% |
| Central Bancompany CBC | United States | $9.04B | +38% | +10% | 13% | 2.35× | 10.9% | 12.6% |
| Pinnacle Financial Partners PNFP | United States | $15.2B | +3% | +100% | 10% | 1.10× | 10.7% | 9.6% |
| Banco Santander-Chile Sponsored ADR BSAC | United States | $15.2B | +7% | +18% | 25% | 3.00× | 17.6% | 24.9% |
| Columbia Banking System COLB | United States | $8.62B | +1% | +22% | 11% | 1.19× | 9.3% | 11.2% |
| Prosperity Bancshares, Inc.(R) PB | United States | $8.60B | +4% | +19% | 6% | 0.88× | 7.5% | 6.5% |
| ING Bank Slaski ING.WA | Poland | $15.7B | +20% | +4% | 24% | 3.24× | 33.8% | 23.7% |