GoAI
Get started
Weihai Bank Co., Ltd. Class H logo

Weihai Bank Co., Ltd. Class H

9677.HK

HKSEFinancial ServicesBanks - Regional

Open in GoAI

Latest quote

HK$2.78

+HK$0.01 · +0.36%

Aug 21, 3:30 PM HKTData delayed

9677.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Weihai City Commercial Bank Co., Ltd., established in 1997 and headquartered in Weihai, People's Republic of China, operates across the country through its various subsidiaries, providing a comprehensive range of financial services. Its core offerings span corporate banking, retail banking, and financial market activities. For individual customers, the bank facilitates deposit accounts, personal loans, wealth management, remittance solutions, and offers both debit and credit cards. Corporate clients benefit from services such as business loans and advances, trade financing, wealth management, consulting and advisory, settlement, guarantees, finance leasing, and agency services. In the financial markets, the company actively participates in inter-bank money market transactions, repurchase agreements, investment services, debt securities trading, and the issuance of debt instruments. Customers can access these services through numerous digital and physical channels, including online, mobile, direct, telephone, and WeChat banking, in addition to ATMs and self-service deposit/withdrawal machines, supported by its network of approximately 122 branches.

Industry
Banks - Regional
Sector
Financial Services
Headquarters
CN
CEO
Wenbin Zhang
Listed since
Oct 12, 2020
Employees
3,934

Market position

52-week range

Current HK$2.78

Open
HK$2.78
Previous close
HK$2.77
Volume
2K
2.76× average
Average volume
725
Average daily volume
Market cap
16.62B HKD
Beta
-0.04
Market reference 1
50-day average
HK$2.8068
-0.95% below average
200-day average
HK$2.7371
+1.57% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
105.42B CNY
P/E (TTM)
6.27×
P/B (TTM)
0.52×
P/S (TTM)
1.28×
EV / EBITDA
34.01×
Earnings yield
14.28%
Free cash flow yield
61.51%
Dividend yield
4.14%

Profitability & efficiency

Gross margin
43.81%
Operating margin
34.59%
Net margin
20.07%
Return on equity
8.03%
Return on assets
0.43%
Return on invested capital
0.48%

Financial health

Debt / equity
4.39×
Current ratio
0.41×
Altman Z-score
-0.05
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends203%134%65%-5%Gross margin, FY2021: 27.32%Gross margin, FY2022: 100.00%Gross margin, FY2023: 185.95%Gross margin, FY2024: 100.00%Gross margin, FY2025: 25.56%Operating margin, FY2021: 14.86%Operating margin, FY2022: 56.54%Operating margin, FY2023: 56.47%Operating margin, FY2024: 73.77%Operating margin, FY2025: 15.69%Net margin, FY2021: 12.54%Net margin, FY2022: 46.26%Net margin, FY2023: 45.59%Net margin, FY2024: 23.54%Net margin, FY2025: 12.69%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 27.32%. Gross margin FY2022 100.00%. Gross margin FY2023 185.95%. Gross margin FY2024 100.00%. Gross margin FY2025 25.56%. Operating margin FY2021 14.86%. Operating margin FY2022 56.54%. Operating margin FY2023 56.47%. Operating margin FY2024 73.77%. Operating margin FY2025 15.69%. Net margin FY2021 12.54%. Net margin FY2022 46.26%. Net margin FY2023 45.59%. Net margin FY2024 23.54%. Net margin FY2025 12.69%.

Income trends

Revenue

17.29B CNY+104.32%

Operating income

2.71B CNY-56.54%

Net income

2.19B CNY+10.16%
Income trends across reported periods18.85B CNY12.63B CNY6.41B CNY190.9M CNYRevenue, FY2021: 13.92B CNYRevenue, FY2022: 4.12B CNYRevenue, FY2023: 4.24B CNYRevenue, FY2024: 8.46B CNYRevenue, FY2025: 17.29B CNYOperating income, FY2021: 2.07B CNYOperating income, FY2022: 2.33B CNYOperating income, FY2023: 2.4B CNYOperating income, FY2024: 6.24B CNYOperating income, FY2025: 2.71B CNYNet income, FY2021: 1.75B CNYNet income, FY2022: 1.91B CNYNet income, FY2023: 1.93B CNYNet income, FY2024: 1.99B CNYNet income, FY2025: 2.19B CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 13.92B CNY. Revenue FY2022 4.12B CNY. Revenue FY2023 4.24B CNY. Revenue FY2024 8.46B CNY. Revenue FY2025 17.29B CNY. Operating income FY2021 2.07B CNY. Operating income FY2022 2.33B CNY. Operating income FY2023 2.4B CNY. Operating income FY2024 6.24B CNY. Operating income FY2025 2.71B CNY. Net income FY2021 1.75B CNY. Net income FY2022 1.91B CNY. Net income FY2023 1.93B CNY. Net income FY2024 1.99B CNY. Net income FY2025 2.19B CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue17.29B CNY8.46B CNY4.24B CNY4.12B CNY13.92B CNY
Cost of goods sold12.87B CNY9.52B CNY−3.65B CNY8.07B CNY7.09B CNY
Gross profit4.42B CNY8.46B CNY7.89B CNY4.12B CNY3.8B CNY
Selling, general, and administrative1.17B CNY209.5M CNY1.85B CNY167.62M CNY463.63M CNY
Operating expenses1.71B CNY2.22B CNY1.85B CNY5.43B CNY4.61B CNY
Interest income16.68B CNY16.5B CNY15.6B CNY14.5B CNY13.12B CNY
Interest expense9.18B CNY9.52B CNY9B CNY8.07B CNY7.09B CNY
Depreciation and amortization386.71M CNY348.29M CNY249.11M CNY227.76M CNY212.54M CNY
Operating income2.71B CNY6.24B CNY2.4B CNY2.33B CNY2.07B CNY
Net income2.19B CNY1.99B CNY1.93B CNY1.91B CNY1.75B CNY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.21

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.250.180.110.04Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25Q3 '25Q1 '26
Q3 2022, reported Aug 30, 2022: actual 0.194, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 30, 2023: actual 0.133, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 30, 2023: actual 0.195, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 22, 2024: actual 0.124, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 28, 2024: actual 0.193, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual 0.044, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 28, 2025: actual 0.208, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 27, 2026: actual 0.211, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates11.95B8.32B4.69B1.07BQ3 '22No estimateQ1 '23MissQ3 '23MissQ1 '24MissQ3 '24MissQ1 '25No estimateQ3 '25No estimateQ1 '26No estimate
Q3 2022, reported Aug 30, 2022: actual 2.43B HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 30, 2023: actual 2.33B HKD, estimate 10.96B HKD, surprise -78.73%, Miss. Q3 2023, reported Aug 30, 2023: actual 4.7B HKD, estimate 10.07B HKD, surprise -53.33%, Miss. Q1 2024, reported Mar 22, 2024: actual 2.31B HKD, estimate 11.16B HKD, surprise -79.31%, Miss. Q3 2024, reported Aug 28, 2024: actual 4.9B HKD, estimate 10.93B HKD, surprise -55.19%, Miss. Q1 2025, reported Mar 28, 2025: actual 1.25B HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 28, 2025: actual 2.77B HKD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 27, 2026: actual 9.57B HKD, estimate —, surprise —, Comparison unavailable.

9677.HK peers

Industrial and Commercial Bank of China Limited logo

1398.HK

Industrial and Commercial Bank of China Limited

HK$7.49

+0.20%

HSBC Holdings plc logo

0005.HK

HSBC Holdings plc

HK$160.7

-1.35%

Bank of China Limited logo

3988.HK

Bank of China Limited

HK$5.50

-0.09%

China Construction Bank Corporation logo

0939.HK

China Construction Bank Corporation

HK$9.195

-0.54%

Agricultural Bank of China Limited logo

1288.HK

Agricultural Bank of China Limited

HK$6.25

-0.48%

China Life Insurance Company Limited logo

2628.HK

China Life Insurance Company Limited

HK$28.54

+1.71%

Continue in GoAI

Research 9677.HK

research.disclaimer