BOC Hong Kong (Holdings) Limited Share Price and Company Fundamentals
Last traded: Today at 6:50 AM
BOC Hong Kong (Holdings) Limited, an investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, China, and internationally. The company operates through four segments: Personal Banking, Corporate Banking, Treasury, and Insurance. It offers savings, current, and time deposit accounts; mortgage plans; payrolls, corporate deposits, and E-cheques services. The company also offers cross-border financial and remittance services for individual and corporate customers. In addition, the company offers investment services in securities, funds, foreign exchange, precious metals and FX margin, bonds, and structured products, as well as business and personal loans. Further, the company provides business and accident protection, medical, travel, leisure, family protection, and personal life insurance. Additionally, the company offers safe deposit box, e-Bill, and payment services. Furthermore, it provides wealth management, overdraft, private banking services, as well as account opening, payment and collection, digital banking, loan, and cross border services. BOC Hong Kong (Holdings) Limited was founded in 1917 and is based in Central, Hong Kong. The company is a subsidiary of BOC Hong Kong (BVI) Limited.
Key Metrics
PE ratio
11.23
PB ratio
0.84
Dividend yield
4.54%
Beta
0.68
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Banks—Regional / Financial Services |
|---|---|
| Full time employees | 14220 |
| Website | https://www.bochk.com |
| Mailing address | Bank of China Tower 53rd Floor 1 Garden Road Central Hong Kong |
| Phone / Fax | 852 2826 6314 / 852 2810 5830 |
Dividends
Dividend yield
4.54%
Dividend amount
$1.13
Payout ratio
50.06%
5Y Avg. yield
4.87%
BOC Hong Kong (Holdings) Limited paid $1.13 dividend and the ex-dividend date was 15 Sept 2022.The dividend payout ratio is 50.06%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.2388 dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
2388's forward dividend amount is $1.13 and the forward dividend yield is 4.57%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of Mar 2023, following are the company executives and directors listed on BOC Hong Kong (Holdings) Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Yu Sun | Vice Chairman & CEO | 49 | 8.29M |
| Mr. Chenggang Liu | Chief Financial Officer | 49 | |
| Madam Jiang Xin | Chief Risk Officer | 51 | |
| Mr. Man Chan | Deputy Chief Exec. | 54 | |
| Mr. Haifeng Xu | Deputy Chief Exec. | 50 | |
| Mr. Nan Luo | Company Sec. | 48 |
Profitability and management effectiveness
Profit margin
52.08%
Operating margin
65.66%
Return on assets
0.69%
Return on equity
7.99%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of BOC Hong Kong (Holdings) Limited is and its enterprise value is .
The 2388's stocks Beta value is 0.68 making it 32% less volatile compared to HKEX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
BOC Hong Kong (Holdings) Limited (HKEX:2388) Frequently Asked Questions
1. What is BOC Hong Kong (Holdings) Limited's Stock Symbol?
BOC Hong Kong (Holdings) Limited trades on HKEX under the ticker symbol "2388".
2. What is BOC Hong Kong (Holdings) Limited's stock price today?
One share of 2388 stock can currently be purchased for approximately $25.25.
3. How can I contact BOC Hong Kong (Holdings) Limited?
BOC Hong Kong (Holdings) Limited's mailing address is Bank of China Tower 53rd Floor 1 Garden Road Central Hong Kong. The company can be reached via phone at 852 2826 6314.
4. What is BOC Hong Kong (Holdings) Limited's official website?
The official website of BOC Hong Kong (Holdings) Limited is https://www.bochk.com.