BOC Hong Kong Holdings Ltd 02388

Morningstar Rating
HK$51.35 −0.15 (0.29%)
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Company Report

Price vs Fair Value

02388 is trading within a range we consider fairly valued.
Price
HK$51.50
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

BOC Hong Kong benefits from a strong connection with parent Bank of China, underpinning steady loan growth as the bank offers cross-border banking expertise to Chinese corporates seeking offshore investments.

Bears

BOC Hong Kong's credit quality and profitability may deteriorate if the Chinese and regional economies experience a sharp decline in economic activity.

Trading Information

Previous Close Price
HK$51.50
Day Range
HK$51.00–51.50
52-Week Range
HK$36.36–53.85
Bid/Ask
HK$51.30 / HK$51.35
Shares Outstanding
10.57B
Market Cap
HK$542.91B
Volume/Avg
8M / 12M

Key Statistics

Price/Earnings (Normalized)
15.83
Price/Sales
6.15
Dividend Yield (Trailing)
4.13%
Dividend Yield (Forward)
4.13%
Dividend Payment Schedule
May, Jul, Sep, Nov
Total Yield
4.13%

Company Profile

BOC Hong Kong is a subsidiary of Bank of China. It is the second-largest bank in Hong Kong in both loan and deposit market shares. Although BOC Hong Kong is legally separate from its parent, it maintains close relationships with it in management, administration, and business relations. The two companies also cooperate in several areas, including the reselling of Bank of China's insurance and securities services. Bank of China holds a 66% stake in BOC Hong Kong.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Large Core
Total Number of Employees
15,469

Competitors

Valuation

Metric
02388
O39
D05
Price/Earnings (Normalized)
15.8316.6117.97
Price/Book Value
1.512.052.90
Price/Sales
6.158.488.71
Price/Cash Flow
13.5616.8615.60
Price/Earnings
02388
O39
D05

Financial Strength

Metric
02388
O39
D05
Quick Ratio
———
Current Ratio
———
Interest Coverage
———
Quick Ratio
No chart available

Profitability

Metric
02388
O39
D05
Return on Assets (Normalized)
0.94%1.16%1.19%
Return on Equity (Normalized)
12.02%13.11%15.97%
Return on Invested Capital (Normalized)
———
Return on Assets
02388
O39
D05

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