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← CockpitCompetitor Analysis › 9668.HK CHINA BOHAI BANK CO., LTD. Class HOpen in the cockpit ↗

CHINA BOHAI BANK CO., LTD. Class H9668.HKCompetitor analysis, valuation and peers

Hong Kong · HKD·Financials›Major Banks

National joint-stock commercial bank based in Tianjin, offering corporate and retail banking services across China.

≈ A mid-tier Chinese national commercial bankMomentum neutral 47
Mkt cap
$1.67B
US dollars, full cap
Free float
42%
of shares outstanding
$/day
$124,890
20-day average traded
P/B
0.10×
price to book
ROE
5.5%
delivered
Implied ROE
3.4%
what the price asks
Close · HKDHK$0.73
1D0.0%
1W+2.8%
1M0.0%
3M-11.4%
6M-22.6%
YTD-22.6%
1Y-26.5%
ATR %2.2%
52w lowhigh31.3% off high

What CHINA BOHAI BANK does

National joint-stock commercial bank based in Tianjin, offering corporate and retail banking services across China.

Earns mainly on the gap between interest on loans, weighted toward companies, and the cost of deposits and borrowed funds. It is one of China's twelve national joint-stock banks, a tier below the state-owned big banks, and Standard Chartered was an early foreign strategic investor.

In one line: A mid-tier Chinese national commercial bank.

Products and services

  • Corporate banking/lending
  • Retail banking
  • Wealth management/treasury

Customers

  • Corporates and retail depositors across China

Where it sits in the supply chain

  • Financials
  • Banking
  • Corporate & retail banking

What could go right

  • China credit growth

What could go wrong

  • Asset-quality/NPL risk
  • Net interest margin compression

Moat: narrow (regulatory licence, distribution). National banking licence and branch network, though it is a smaller joint-stock bank relative to the "Big Four".

Headquarters: Tianjin, China · Founded: 2006 · Employees: 14,170

Named competitors

CHINA BOHAI BANK at a glance

Size CHINA BOHAI BANK (9668.HK) is a Hong Kong Financials company (Major Banks) with a market value of $1.67B, the 462nd largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$0.73 on 6 Nov 2026.

Performance Over six months the shares fell 22.6%, against +10.5% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 2nd lowest of 20 in its peer set.

Growth Revenue fell 5.4% over the last twelve months (peer median +14.2%); the operating margin is 22.7% (peer median 28.6%).

Valuation It trades at 0.10× book value against a peer median of 0.98× (cheapest of 21).

Price implies The share price implies a return on equity of about 3.4%; CHINA BOHAI BANK delivers 5.5%, so the price asks less than the business earns today.

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026Peer median 1129668.HK 78
Six months, rebased to 100: CHINA BOHAI BANK against the median of its 20 peers (local-currency closes).

CHINA BOHAI BANK financials

Reported figures in HKD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueHK$65.2BHK$65.9BHK$71.4BHK$75.9BHK$77.1B
Revenue growth—-8%-6%-2%—
Net incomeHK$6.56BHK$5.96BHK$5.70BHK$5.61BHK$7.10B
Free cash flowHK$33.6BHK$18.1B-HK$2.39BHK$5.45BHK$13.1B
Capital expenditureHK$516MHK$470MHK$610MHK$662MHK$1.01B
Total debtn/aHK$747BHK$696BHK$750BHK$768B

Quarterly statements and history in the cockpit →

CHINA BOHAI BANK competitor charts

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.

Performance: 6-month against 1-month return

-50%0%+50%+100%-50%-25%0%+25%HOPEQCRHINTRSOUTHBANKCASH139130ESQFSUN8386PSBAVARDANONG87148410834683889668.HK6-month return →1-month return →
Up and to the right = strong over both horizons. CHINA BOHAI BANK is the large dot.

Fundamentals: return on equity against price-to-book

5%10%15%20%10×20×HOPEQCRHINTRSOUTHBANKCASH139130ESQFSUN8386PSBHAPN2845AVARDANONGCHCO8410OFG9668.HKReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. CHINA BOHAI BANK is the large dot.

Capital: ROE delivered against the ROE the price implies

10%20%10%20%HOPEQCRHINTRSOUTHBANKCASHESQFSUN8386PSBHAPN2845AVARDANONG8714CHCOOFG83889668.HKROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. CHINA BOHAI BANK is the large dot.

CHINA BOHAI BANK competitors and peer comparison

Head to head with its named competitors (9668.HK vs 6818.HK vs 1988.HK vs 3328.HK)
CompanyMarket cap6M returnRevenue growthROEPrice / bookImplied ROE
CHINA BOHAI BANK 9668.HK$1.67B-23%-5%6%0.10×3.4%
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 Communications 3328.HK$107B+19%+3%8%0.55×4.8%

How CHINA BOHAI BANK compares with its peers

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.

CHINA BOHAI BANK against its 20 peers (data as of 6 Nov 2026)
Measure9668.HKPeer medianRank in peer set
1-month return0.0%-0.1%11th highest of 21
6-month return-22.6%+10.5%2nd lowest of 20
Return on equity5.5%9.3%3rd lowest of 21
Price / book0.10×0.98×cheapest of 21
Trailing P/E2.1×12.5×cheapest of 20
ROE the price implies3.4%8.2%2nd least demanding of 21
ROE delivered5.5%10.5%3rd lowest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
CHINA BOHAI BANK 9668.HKHong Kong$1.67B-23%-5%6%0.10×3.4%5.5%
Hope Bancorp HOPEUnited States$1.68B+6%+7%6%0.75×7.6%5.9%
QCR QCRHUnited States$1.64B+11%+3%13%1.43×10.9%12.7%
Inter & INTRUnited States$1.70B-40%+51%16%0.84×8.8%15.5%
South Indian Bank SOUTHBANK.NSIndia$1.60B+38%+5%14%1.25×18.3%13.9%
Pathward Financial CASHUnited States$1.58B-12%-1%21%1.93×12.8%20.9%
iM Financial 139130.KSSouth Korea$1.76B-20%+24%8%0.46×4.2%n/a
Esquire Financial ESQUnited States$1.57B+21%+33%11%2.00×10.2%10.5%
FirstSun Capital Bancorp FSUNUnited States$1.77B+5%+45%4%0.98×6.3%4.2%
Hyakujushi Bank 8386.TJapan$1.78B+4%+22%6%0.72×6.7%5.6%
Punjab & Sind Bank PSB.NSIndia$1.52B-22%+3%11%0.99×14.8%10.7%
Happen HAPNUnited States$1.84Bn/a+26%14%1.16×14.5%13.8%
Far Eastern International Bank 2845.TWTaiwan$1.88B+4%+5%7%0.87×3.2%7.4%
Avarda Bank AVARDA.STSweden$1.47B+42%+22%26%4.29×23.7%26.0%
SpareBank 1 Nord-Norge NONG.OLNorway$1.96B+26%-4%8%0.93×6.6%7.7%
Senshu Ikeda Holdings,Inc 8714.TJapan$1.41B-14%+29%8%0.88×6.0%8.0%
City CHCOUnited States$1.99B+15%+3%16%2.55×13.9%16.4%
Seven Bank 8410.TJapan$2.09B+28%+3%6%1.41×5.7%6.3%
Toho Bank 8346.TJapan$1.32B+24%+30%7%0.92×7.2%6.6%
OFG Bancorp OFGUnited States$2.15B+10%+2%17%1.60×12.0%16.6%
Awa Bank 8388.TJapan$2.15B+94%+23%5%0.80×5.3%4.7%

Questions

Who are CHINA BOHAI BANK's main competitors?
Named competitors: China Everbright Bank (6818.HK), China Minsheng Bank (1988.HK), Bank of Communications (3328.HK). The cockpit's measured peer set (industry) also includes Hope Bancorp (HOPE), QCR (QCRH), Inter & (INTR), South Indian Bank (SOUTHBANK.NS), Pathward Financial (CASH), iM Financial (139130.KS).
Is CHINA BOHAI BANK expensive compared with its peers?
On price / book it trades at 0.10× against a peer median of 0.98×, cheapest of 21 in its peer set. The share price implies a return on equity of about 3.4%; CHINA BOHAI BANK delivers 5.5%, so the price asks less than the business earns today.
How has CHINA BOHAI BANK stock performed?
Over six months to 6 Nov 2026 the shares returned -22.6% against +10.5% for the median peer; over one year -26.5%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.