Ping An Bank (000001) Stock Price, Fundamentals & Analysis

What 000001 does

Ping An Bank (000001) is a commercial bank listed on the Shenzhen Stock Exchange in the Financial Services sector, under the Banks - Regional industry. Headquartered in Shenzhen, China, it serves individual and corporate customers, government agencies, institutions, and small businesses in China and internationally. The bank operates through three segments: Wholesale Financial Services, Retail Financial Services, and Other Businesses. It offers deposit products such as demand, time, call, negotiated, agreement, and margin deposits, as well as foreign currency, corporate, and structured deposits. Its lending portfolio includes working capital, fixed asset, syndicated, cross-border syndicated, real estate development, government platform, and cross-border working capital loans, alongside corporate client account overdrafts and online banking revolving loans for small and medium-sized enterprises. The bank also provides settlement, offshore, corporate finance, cash management, trade finance, custody, corporate e-banking, corporate intermediary, interbank, and wealth management services, as well as bank cards.

Key numbers explained

• 11.3 CNY is the current share price, the amount you pay for one share in the market.
• The trailing P/E ratio of 5.3 shows how much investors pay per unit of the last 12 months' earnings; a lower number can suggest the stock is priced modestly relative to recent earnings.
• The forward P/E ratio of 5.1 uses expected future earnings and can indicate how the market views the company's earnings outlook.
• Earnings per share, trailing 12 months of 2.13 CNY is the portion of the company's profit allocated to each share over the last year.
• The dividend yield of 5.39% is the dividend yield, meaning the annual dividend payment represents about 5.39% of the current share price.
• Beta of 0.5 suggests the stock tends to move about half as much as the overall market, indicating lower volatility.
• Market cap of 219.29 mld. CNY reflects the total market value of all outstanding shares.
• Price-to-book of 0.47 compares the share price to the company's book value per share, which can be a way to assess valuation relative to assets.

What to watch

Investors tracking Ping An Bank may consider factors common to regional banks, such as interest rate movements, credit quality, and loan growth. The bank's exposure to both wholesale and retail financial services means it can be affected by changes in corporate and consumer borrowing demand. Regulatory changes in China's banking sector can also influence operations and profitability. For broader context, Ping An Bank is part of the CSI 300 index, which tracks large- and mid-cap stocks in China. Peers in the regional banking space include Bank of Ningbo (002142) and GF Securities (000776), which can serve as comparison points for sector trends.