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The research report was released on August 17 to maintain the Jiangsu Changshu Rural Commercial Bank Co.Ltd(601128) overweight rating. Zhongtai Securities Co.Ltd(600918) predicts that the net profit attributable to the parent company in Jiangsu Changshu Rural Commercial Bank Co.Ltd(601128) 2021 will be 2.083 billion yuan, with a year-on-year increase of 15.51%.
Main financial indicators and valuation
2021E
2022E
2023E
Total operating revenue (100 million yuan) 74786 million yuan one thousand and one hundred point six nine
Net profit attributable to parent company (100 million yuan) 208324 six hundred and twenty-seven point eight seven
Earnings per share (yuan) 0.760 eight hundred and eighty-one point zero two
Net assets per share (yuan) 7.147 eight hundred and eighty-eight point seven five
Price earnings ratio (PE) 7.856 eighty-five point eight seven
Price to book ratio (PB) 0.840 seven hundred and sixty point six eight
Return on net assets (%) 11.111 six thousand nine hundred and twelve point two three
Return on total assets (%) 0.920 nine hundred and twenty point nine four
Note: the data is obtained from the text of the research report.
Jiangsu Changshu Rural Commercial Bank Co.Ltd(601128) it has attracted the attention of 9 research reports of securities companies in recent months, with an average target price of 9.86 yuan. According to the reverse order of the release date of the research report, the latest research report data of the five securities companies are shown in the table below:
Research report date
Organization abbreviation
Target price
This rating
details
On August 17, 2021 Boc International (China) Co.Ltd(601696) – the interest margin of overweight has improved significantly month on month, and the non-performing rate has dropped to a new low in recent years
August 17, 2021 Ping An Securities – it is strongly recommended that the recovery of asset yield drives the interest margin repair, and the asset quality remains excellent
2021-08-17 China Securities Co.Ltd(601066) 10.5 the quality of purchased assets has reached a new level, the interest margin has warmed up, and the revenue trend is optimistic
On August 17, 2021, Guosheng Securities – the buying interest margin bottomed out, the provision coverage rate was 520% +, and the issuance of convertible bonds opened up space for the future
2021-08-17 Zhongtai Securities Co.Ltd(600918) – detailed explanation of shareholding increase Jiangsu Changshu Rural Commercial Bank Co.Ltd(601128) 21 mid year report: Q2 interest margin rebounded, and asset quality was excellent and consolidated
Disclaimer: This article is based on big data production and is for reference only. It does not constitute any investment suggestions. Therefore, the operator shall bear the operational risk.
