Bank of Qingdao Co Ltd (002948) - Total Assets

Latest as of September 2025: CN¥765.57 Billion CNY ≈ $112.03 Billion USD

Based on the latest financial reports, Bank of Qingdao Co Ltd (002948) holds total assets worth CN¥765.57 Billion CNY (≈ $112.03 Billion USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See Bank of Qingdao Co Ltd (002948) net assets for net asset value and shareholders' equity analysis.

Bank of Qingdao Co Ltd - Total Assets Trend (2008–2024)

This chart illustrates how Bank of Qingdao Co Ltd's total assets have evolved over time, based on quarterly financial data.

Bank of Qingdao Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Bank of Qingdao Co Ltd's total assets of CN¥765.57 Billion consist of 13.3% current assets and 86.7% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 9.7%
Accounts Receivable CN¥24.32 Billion 3.5%
Inventory CN¥0.00 0.0%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥379.12 Million 0.1%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2008–2024)

This chart illustrates how Bank of Qingdao Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Bank of Qingdao Co Ltd market cap and net worth.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Bank of Qingdao Co Ltd's current assets represent 13.3% of total assets in 2024, an increase from 0.5% in 2008.
  • Cash Position: Cash and equivalents constituted 9.7% of total assets in 2024, up from 0.0% in 2008.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
  • Asset Diversification: The largest asset category is accounts receivable at 3.5% of total assets.

Bank of Qingdao Co Ltd Competitors by Total Assets

Key competitors of Bank of Qingdao Co Ltd based on total assets are shown below.

Company Country Total Assets
Hong Leong Bank Bhd
KLSE:5819
Malaysia RM312.72 Billion
First Merchants Corporation
NASDAQ:FRME
USA $19.03 Billion
TF Bank AB
ST:TFBANK
Sweden Skr29.12 Billion
Banco do Estado do Rio Grande do Sul S.A
SA:BRSR3
Brazil R$163.86 Billion
Pareto Bank ASA
OL:PARB
Norway Nkr25.34 Billion
Caisse Regionale de Credit Agricole Mutuel d’IlleetVilaine SC
PA:CIV
France €21.07 Billion
Blue Foundry Bancorp
NASDAQ:BLFY
USA $2.16 Billion
Banco Alfa de Investimento S.A
SA:BRIV3
Brazil R$27.67 Billion

Bank of Qingdao Co Ltd - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 0.18 0.19 0.17
Quick Ratio 0.18 0.19 0.17
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥-423.22 Billion CN¥-375.16 Billion CN¥-242.29 Billion

Bank of Qingdao Co Ltd - Advanced Valuation Insights

This section examines the relationship between Bank of Qingdao Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 0.69
Latest Market Cap to Assets Ratio 0.00
Asset Growth Rate (YoY) 13.5%
Total Assets CN¥689.96 Billion
Market Capitalization $3.14 Billion USD

Valuation Analysis

Below Book Valuation: The market values Bank of Qingdao Co Ltd's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Bank of Qingdao Co Ltd's assets grew by 13.5% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Bank of Qingdao Co Ltd (2008–2024)

The table below shows the annual total assets of Bank of Qingdao Co Ltd from 2008 to 2024.

Year Total Assets Change
2024-12-31 CN¥689.96 Billion
≈ $100.96 Billion
+13.48%
2023-12-31 CN¥607.99 Billion
≈ $88.97 Billion
+14.80%
2022-12-31 CN¥529.61 Billion
≈ $77.50 Billion
+1.41%
2021-12-31 CN¥522.25 Billion
≈ $76.42 Billion
+13.58%
2020-12-31 CN¥459.83 Billion
≈ $67.29 Billion
+23.07%
2019-12-31 CN¥373.62 Billion
≈ $54.67 Billion
+17.62%
2018-12-31 CN¥317.66 Billion
≈ $46.48 Billion
+3.72%
2017-12-31 CN¥306.28 Billion
≈ $44.82 Billion
+10.18%
2016-12-31 CN¥277.99 Billion
≈ $40.68 Billion
+48.47%
2015-12-31 CN¥187.24 Billion
≈ $27.40 Billion
+19.90%
2014-12-31 CN¥156.17 Billion
≈ $22.85 Billion
+15.09%
2013-12-31 CN¥135.69 Billion
≈ $19.86 Billion
+33.48%
2012-12-31 CN¥101.66 Billion
≈ $14.88 Billion
+31.98%
2011-12-31 CN¥77.03 Billion
≈ $11.27 Billion
+22.38%
2010-12-31 CN¥62.94 Billion
≈ $9.21 Billion
+45.74%
2009-12-31 CN¥43.18 Billion
≈ $6.32 Billion
+32.65%
2008-12-31 CN¥32.56 Billion
≈ $4.76 Billion
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About Bank of Qingdao Co Ltd

SHE:002948 China Banks - Regional
Market Cap
$3.14 Billion
CN¥21.45 Billion CNY
Market Cap Rank
#4799 Global
#891 in China
Share Price
CN¥6.08
Change (1 day)
+0.50%
52-Week Range
CN¥4.22 - CN¥6.08
All Time High
CN¥6.58
About

Bank of Qingdao Co., Ltd. provides various banking products and services in the People's Republic of China. The company operates through three segments: Retail Banking, Corporate Banking, and Financial Market Business. It provides deposits products; retail, corporate, and personal loans; discounted bills; short, mid, and long-term loans; conduct domestic and overseas settlement products, as well … Read more