No Data
No Data
In-depth analysis of the financial report: Is Shanghai Pudong Development Bank the 'chosen one'? Reversing the predicament by gathering the right timing, favorable conditions, and talented individuals.
The author Han wrote a total of 4002 words, with an estimated reading time of 11 minutes. Shanghai Pudong Development Bank is currently in a critical stage of "turning the tide of difficulties", with the strategy of "controlling new and reducing old" assets showing effectiveness, and the foundation of its corporate business still strong and its regional advantage firmly established. In 2020 and 2021, Shanghai Pudong Development Bank's profits and revenue both experienced year-on-year reductions, with performance falling to the bottom of the cycle. In the long night, one must persevere for three or four years. In 2023, Shanghai Pudong Development Bank's revenue and net income attributable to shareholders of the parent company decreased by 8.05% and 28.28% respectively compared to the previous year, indicating the pressure and downturn in its operations may be evident in the market.
Research Reports: China Fortune Securities - Shanghai Pudong Development Bank's performance elasticity released, maintaining a "buy" rating.
According to the research report of Huafu Securities, Shanghai Pudong Development Bank (600000.SH) releases performance elasticity. In the first half of 2024, the growth rate of revenue was -3.3%, and the quarter-on-quarter growth rate in the second quarter was -0.5%, up 5.2 percentage points from the first quarter. The year-on-year growth rate of net income attributable to parent company shareholders in the first half of the year was 16.6%, and the quarter-on-quarter growth rate in the second quarter was 30.9%, up 20.9 percentage points from the first quarter. The company has persisted in both controlling new and reducing old assets, and the quality of assets is expected to accelerate improvement recently. The company continually strengthens the control of potential incremental risks, and the generation rate of non-performing loans has been decreasing since 2021. By the first half of 2024, the company's non-performing loans
Shanghai Pudong Development Bank Completes 40 Billion Yuan Bond Issue
Shanghai Pudong Development Bank Co., Ltd. 2024 interim report.
Summary of the semi-annual report of Shanghai Pudong Development Bank Co., Ltd. in 2024.
Shanghai Pudong Development Bank (600000.SH): The first phase of Tier 2 capital bonds will be fully issued by 2024.
Shanghai Pudong Development Bank (600000.SH) announced that, with the approval of the China Banking and Insurance Regulatory Commission and the People's Bank of China, the company’s first tier-2 capital bonds for 2024 (hereinafter referred to as “this bond”) have recently been issued on the national inter-bank bond market. The bond was registered on August 14, 2024, and issued on August 16, 2024, with a total issuance size of RMB 40 billion, divided into two varieties. Among them: Variety 1 is a 10-year fixed-rate bond, with conditional redemption rights for the issuer at the end of the 5th year, and an issuance size of RMB 35 billion.
No Data