Qingdao Rural Commercial Bank Corp Class A

SHE:002958 China Banks - Regional
Market Cap
$2.40 Billion
CN¥17.61 Billion CNY
Market Cap Rank
#5977 Global
#850 in China
Share Price
CN¥3.17
Change (1 day)
+0.32%
52-Week Range
CN¥2.93 - CN¥3.88
All Time High
CN¥8.92
About

Qingdao Rural Commercial Bank Co., Ltd. provides various banking products and services in China. It accepts deposits; offers loans, settlements, bill acceptance and discounting, letter of credit and guarantees, foreign exchange credit, and consulting and witnessing services. The company also acts as an insurance agency; and underwrites government bonds and financial bonds. In addition, it engages… Read more

Qingdao Rural Commercial Bank Corp Class A (002958) - Total Assets

Latest total assets as of September 2025: CN¥509.92 Billion CNY

Based on the latest financial reports, Qingdao Rural Commercial Bank Corp Class A (002958) holds total assets worth CN¥509.92 Billion CNY 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.

Qingdao Rural Commercial Bank Corp Class A - Total Assets Trend (2011–2024)

This chart illustrates how Qingdao Rural Commercial Bank Corp Class A’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Qingdao Rural Commercial Bank Corp Class A - Asset Composition Analysis

Current Asset Composition (December 2024)

Qingdao Rural Commercial Bank Corp Class A's total assets of CN¥509.92 Billion consist of 9.3% current assets and 90.7% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 9.3%
Accounts Receivable CN¥0.00 0.0%
Inventory CN¥0.00 0.0%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥71.08 Million 0.0%
Goodwill CN¥0.00 0.0%

Asset Composition Trend (2011–2024)

This chart illustrates how Qingdao Rural Commercial Bank Corp Class A'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.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Qingdao Rural Commercial Bank Corp Class A's current assets represent 9.3% of total assets in 2024, a decrease from 17.8% in 2011.
  • Cash Position: Cash and equivalents constituted 9.3% of total assets in 2024, down from 17.5% in 2011.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2011.
  • Asset Diversification: The largest asset category is intangible assets at 0.0% of total assets.

Qingdao Rural Commercial Bank Corp Class A Competitors by Total Assets

Key competitors of Qingdao Rural Commercial Bank Corp Class A based on total assets are shown below.

Company Country Total Assets
Ping An Bank Co Ltd
SHE:000001
China CN¥5.77 Trillion
Bank of Ningbo Co Ltd
SHE:002142
China CN¥3.58 Trillion
Bank of Zhengzhou Co Ltd Class A
SHE:002936
China CN¥743.55 Billion
Bank of Suzhou
SHE:002966
China CN¥776.04 Billion
Jeju Bank
KO:006220
Korea ₩7.72 Trillion
Industrial Bank Of Korea
KO:024110
Korea ₩490.11 Trillion
Hana Financial
KO:086790
Korea ₩659.08 Trillion
PT Bank Sinarmas Tbk
F:08S
Germany €49.52 Trillion

Qingdao Rural Commercial Bank Corp Class A - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.04 - 0.05

Lower asset utilization - Qingdao Rural Commercial Bank Corp Class A generates 0.04x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 0.53% - 1.13%

Moderate ROA - For every $100 in assets, Qingdao Rural Commercial Bank Corp Class A generates $ 0.58 in net profit.

Qingdao Rural Commercial Bank Corp Class A - 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 0.15 0.48 7.56
Quick Ratio 0.15 0.48 7.51
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥-287.16 Billion CN¥ -103.25 Billion CN¥ 31.48 Billion

Qingdao Rural Commercial Bank Corp Class A - Advanced Valuation Insights

This section examines the relationship between Qingdao Rural Commercial Bank Corp Class A'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 0.37
Latest Market Cap to Assets Ratio 0.00
Asset Growth Rate (YoY) 5.8%
Total Assets CN¥495.03 Billion
Market Capitalization $1.44 Billion USD

Valuation Analysis

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

Positive Asset Growth: Qingdao Rural Commercial Bank Corp Class A's assets grew by 5.8% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Qingdao Rural Commercial Bank Corp Class A (2011–2024)

The table below shows the annual total assets of Qingdao Rural Commercial Bank Corp Class A from 2011 to 2024.

Year Total Assets Change
2024-12-31 CN¥495.03 Billion +5.79%
2023-12-31 CN¥467.94 Billion +7.62%
2022-12-31 CN¥434.79 Billion +1.01%
2021-12-31 CN¥430.44 Billion +5.81%
2020-12-31 CN¥406.81 Billion +19.07%
2019-12-31 CN¥341.67 Billion +16.16%
2018-12-31 CN¥294.14 Billion +17.16%
2017-12-31 CN¥251.05 Billion +20.96%
2016-12-31 CN¥207.54 Billion +25.72%
2015-12-31 CN¥165.08 Billion +13.68%
2014-12-31 CN¥145.21 Billion +15.64%
2013-12-31 CN¥125.57 Billion +23.65%
2012-12-31 CN¥101.55 Billion +18.43%
2011-12-31 CN¥85.75 Billion --