Loading…
Shanghai-based national joint-stock commercial bank serving corporate and retail customers across the Yangtze Delta.
Shanghai-based national joint-stock commercial bank serving corporate and retail customers across the Yangtze Delta.
Earns mostly from the gap between what it pays on deposits and bond funding and charges on loans, with credit-card and wealth-product fees as its main fee lines. Corporate lending carries the larger share of the balance sheet, concentrated in the Yangtze Delta. Shanghai state-owned groups are among its biggest shareholders.
In one line: A mid-size Chinese national bank, akin to a US super-regional.
Moat: none (scale). National joint-stock bank without a distinctive franchise; competes on scale/pricing like most peers.
Headquarters: Shanghai, China · Founded: 1992 · Employees: 62,198
Size Shanghai Pudong Development Bank (600000.SS) is a China Financials company (Regional Banks) with a market value of $50.1B, the 33rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥10.03 on 6 Nov 2026.
Performance Over six months the shares gained 8.2%, against +7.6% for the median peer and -16.4% for the China market (cap-weighted) — 10th highest of 21 in its peer set.
Growth Revenue fell 2.9% over the last twelve months (peer median +3.8%); the operating margin is 29.5% (peer median 33.7%).
Valuation It trades at 0.40× book value against a peer median of 1.29× (cheapest of 21).
Price implies The share price implies a return on equity of about 2.0%; Shanghai Pudong Development Bank delivers 6.1%, so the price asks less than the business earns today.
Credit Shanghai Pudong Development Bank has 1 bond outstanding ($300M), rated Baa2 by the agencies.
Next results Next results expected around 23 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥325B | CN¥325B | CN¥350B | CN¥360B | CN¥364B |
| Revenue growth | — | -7% | -3% | -1% | — |
| Net income | CN¥51.2B | CN¥47.6B | CN¥41.5B | CN¥32.9B | CN¥47.4B |
| Free cash flow | CN¥253B | CN¥87.8B | CN¥249B | CN¥102B | CN¥243B |
| Capital expenditure | CN¥15.3B | CN¥20.9B | CN¥20.1B | CN¥12.9B | CN¥8.00B |
| Total debt | CN¥3.20T | CN¥3.41T | CN¥3.31T | CN¥3.14T | CN¥2.95T |
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 |
|---|---|---|---|---|---|---|
| Shanghai Pudong Development Bank 600000.SS | $50.1B | +8% | -3% | 6% | 0.40× | 2.0% |
| Industrial Bank 601166.SS | $62.6B | +10% | -4% | 9% | 0.49× | 2.2% |
| China Merchants Bank 600036.SS | $164B | +12% | +9% | 14% | 0.94× | 5.4% |
| Bank of Communications 601328.SS | $106B | +22% | -5% | 8% | 0.62× | 2.4% |
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 | 600000.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +3.4% | +1.0% | 9th highest of 21 |
| 6-month return | +8.2% | +7.6% | 10th highest of 21 |
| Return on equity | 6.1% | 10.8% | lowest of 21 |
| Price / book | 0.40× | 1.29× | cheapest of 21 |
| Trailing P/E | 7.1× | 12.7× | 4th cheapest of 20 |
| ROE the price implies | 2.0% | 9.3% | least demanding of 21 |
| ROE delivered | 6.1% | 11.0% | lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Shanghai Pudong Development Bank 600000.SS | China | $50.1B | +8% | -3% | 6% | 0.40× | 2.0% | 6.1% |
| Fifth Third Bancorp FITB | United States | $47.9B | +8% | +15% | 9% | 1.55× | 13.6% | 9.4% |
| Credit Agricole ACA.PA | France | $53.7B | -8% | -1% | 9% | 0.68× | 8.1% | 8.9% |
| Commerzbank CBK.DE | Germany | $46.3B | +4% | -3% | 10% | 1.36× | 10.3% | 10.3% |
| Ctbc Financial 2891.TW | Taiwan | $43.7B | +37% | +9% | 15% | 2.06× | 8.9% | 14.7% |
| Nu Holdings Ltd. Class A NU | United States | $58.1B | -13% | +54% | 32% | 4.39× | 32.4% | 31.6% |
| Truist Financial TFC | United States | $59.2B | +1% | -5% | 8% | 1.06× | 9.6% | 8.2% |
| Industrial Bank 601166.SS | China | $62.6B | +10% | -4% | 9% | 0.49× | 2.2% | 9.2% |
| Banca Monte dei Paschi di Siena BMPS.MI | Italy | $38.4B | +19% | +55% | 16% | 1.30× | 13.9% | 15.5% |
| Japan Post Bank 7182.T | Japan | $65.5B | +7% | +39% | 7% | 1.11× | 8.3% | 6.6% |
| KBFinancialGroup 105560.KS | South Korea | $37.5B | -5% | +32% | 10% | 0.99× | 5.6% | n/a |
| Postal Savings Bank of China 601658.SS | China | $69.7B | +9% | -2% | 9% | 0.62× | 2.7% | 8.7% |
| Bank of Jiangsu 600919.SS | China | $35.1B | +13% | +5% | 13% | 0.83× | 2.9% | 12.8% |
| Bank of Ningbo 002142.SZ | China | $34.0B | +3% | +3% | 13% | 0.92× | 7.0% | 13.3% |
| M&T Bank MTB | United States | $31.4B | +3% | 0% | 11% | 1.24× | 9.3% | 10.6% |
| Resona 8308.T | Japan | $30.8B | +9% | +17% | 9% | 1.57× | 8.7% | 9.3% |
| CaixaBank CABK.MC | Spain | $91.9B | +7% | -2% | 16% | 2.05× | 13.3% | 16.5% |
| State Bank of India SBIN.NS | India | $99.5B | -7% | +6% | 15% | 1.40× | 20.7% | 14.6% |
| First Citizens BancShares FCNCA | United States | $25.2B | +16% | 0% | 11% | 1.29× | 9.3% | 11.0% |
| Grupo Cibest S.A. Unsponsored ADR Pfd CIB | United States | $24.7B | +42% | +7% | 19% | 1.97× | 14.4% | 18.9% |
| Canadian Imperial Bank of Commerce CM.TO | Canada | $105B | +8% | 0% | 16% | 2.50× | 20.1% | 15.6% |
Shanghai Pudong Development Bank has 1 bond outstanding with $300M face value. The agencies rate it Baa2.