Bank of Nanjing Co Ltd Reports Quarterly Earnings
Bank of Nanjing Co Ltd, a prominent commercial bank based in Nanjing, China, has recently released its quarterly financial results. The bank, which operates under the financial sector and is listed on the Shanghai Stock Exchange, offers a comprehensive suite of financial services. These services include deposits, loans, settlement, discounting, financial bond issuance, government bond underwriting, bank guarantees, and other related financial services. More information about their offerings can be found on their website at www.njcb.com.cn .
As of May 15, 2025, the bank’s stock price is CNH 10.64. Over the past year, the stock has experienced fluctuations, reaching a 52-week high of CNH 11.93 on October 7, 2024, and a low of CNH 9.36 on June 13, 2024. The bank’s market capitalization stands at CNH 117,950,000,000.
In terms of valuation metrics, Bank of Nanjing’s price-to-earnings ratio is 6.68, and its price-to-book ratio is 0.61259. These figures suggest a relatively low valuation compared to historical data. The bank’s initial public offering (IPO) took place on July 19, 2007, marking its entry into the public market.
The recent quarterly earnings report provides insights into the bank’s financial health and market position. However, a deeper analysis is necessary to fully understand the implications of these figures and the bank’s future prospects.