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City commercial bank based in Chengdu, Sichuan, known for strong profitability among Chinese regional banks.
City commercial bank based in Chengdu, Sichuan, known for strong profitability among Chinese regional banks.
Earns mainly from the spread between what it charges on loans and what it pays depositors, with corporate loans the larger book than loans to households. Its business is concentrated in Chengdu and the rest of Sichuan, so local government-linked projects and the regional property market weigh more than the national picture.
In one line: A high-ROE Chinese regional bank.
Moat: narrow (regulatory licence, distribution, scale). Dominant local branch network and close ties to Chengdu's fast-growing economy and government financing.
Headquarters: Chengdu, China · Founded: 1996 · Employees: 7,847
Size Bank of Chengdu (601838.SS) is a China Financials company (Regional Banks) with a market value of $12.8B, the 190th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥20.18 on 6 Nov 2026.
Performance Over six months the shares gained 5.4%, against +5.3% for the median peer and -16.4% for the China market (cap-weighted) — 11th highest of 21 in its peer set.
Growth Revenue grew 2.2% over the last twelve months (peer median +3.4%); the operating margin is 62.0% (peer median 41.2%).
Valuation It trades at 0.92× book value against a peer median of 1.40× (5th cheapest of 21).
Price implies The share price implies a return on equity of about 3.1%; Bank of Chengdu delivers 15.1%, so the price asks less than the business earns today.
Next results Next results expected around 29 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥48.1B | CN¥46.6B | CN¥46.9B | CN¥43.0B | CN¥37.7B |
| Revenue growth | — | -1% | +9% | +14% | — |
| Net income | CN¥13.4B | CN¥13.0B | CN¥12.6B | CN¥11.4B | CN¥9.75B |
| Free cash flow | -CN¥428M | CN¥19.7B | CN¥21.4B | CN¥16.6B | CN¥18.9B |
| Capital expenditure | CN¥524M | CN¥478M | CN¥1.28B | CN¥207M | CN¥132M |
| Total debt | CN¥323B | CN¥307B | CN¥275B | CN¥237B | CN¥200B |
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 |
|---|---|---|---|---|---|---|
| Bank of Chengdu 601838.SS | $12.8B | +5% | +2% | 15% | 0.92× | 3.1% |
| Bank of Chongqing 1963.HK | $5.11B | +1% | +10% | 10% | 0.41× | 4.2% |
| Bank of Hangzhou 600926.SS | $18.6B | -2% | -3% | 14% | 0.86× | 3.0% |
| Chongqing Rural Commercial Bank 601077.SS | $11.7B | -1% | -1% | 9% | 0.57× | 2.3% |
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 | 601838.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +3.1% | +1.5% | 8th highest of 21 |
| 6-month return | +5.4% | +5.3% | 11th highest of 21 |
| Return on equity | 15.1% | 9.5% | 7th highest of 21 |
| Price / book | 0.92× | 1.40× | 5th cheapest of 21 |
| Trailing P/E | 6.4× | 13.6× | 2nd cheapest of 20 |
| ROE the price implies | 3.1% | 9.7% | 3rd least demanding of 20 |
| ROE delivered | 15.1% | 9.6% | 7th highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Bank of Chengdu 601838.SS | China | $12.8B | +5% | +2% | 15% | 0.92× | 3.1% | 15.1% |
| CNPC Capital 000617.SZ | China | $12.3B | -31% | -14% | 5% | 0.76× | 7.9% | 4.6% |
| Taiwan Cooperative Financial Hl 5880.TW | Taiwan | $13.6B | +22% | -3% | 9% | 1.55× | 4.8% | 8.9% |
| Chongqing Rural Commercial Bank 601077.SS | China | $11.7B | -1% | -1% | 9% | 0.57× | 2.3% | 9.4% |
| IBK 024110.KS | South Korea | $11.4B | -14% | +28% | 8% | 0.49× | 4.2% | n/a |
| Banque Cantonale Vaudoise BCVN.SW | Switzerland | $14.4B | +20% | -8% | 12% | 3.07× | n/a | 11.6% |
| 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% |
| 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% |
| ING Bank Slaski ING.WA | Poland | $15.7B | +20% | +4% | 24% | 3.24× | 33.8% | 23.7% |
| 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% |
| Cullen/Frost Bankers CFR | United States | $9.65B | +12% | +2% | 16% | 2.52× | 14.2% | 16.2% |
| Bank Polska Kasa Opieki PEO.WA | Poland | $17.4B | +12% | -5% | 18% | 2.04× | 25.7% | 18.2% |
| Bank of Shanghai 601229.SS | China | $17.6B | -13% | -7% | 8% | 0.44× | 2.0% | 7.5% |
| East West Bancorp EWBC | United States | $17.7B | +5% | +3% | 17% | 1.95× | 16.3% | 16.6% |
| SBI Shinsei Bank 8303.T | Japan | $9.20B | -11% | +27% | 10% | 1.15× | 4.7% | 9.9% |