Shengjing Bank Company Profile and Analysis

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Shengjing Bank is a commercial bank based in Shenyang, Liaoning Province, China. It was established in 1996.

The bank is headquartered in Shenyang's Heping District and has a strong presence in the northeastern region of China.

Shengjing Bank offers a range of financial services, including corporate banking, personal banking, and investment banking.

The bank's mission is to provide high-quality financial services to its customers and contribute to the local economic development.

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Sales and Operations

Shengjing Bank has made significant strides in its sales and operations, with a focus on digital transformation.

The bank's sales team has been equipped with advanced tools and technology to enhance customer engagement and improve sales efficiency.

Shengjing Bank's digital channels have seen a significant increase in usage, with online banking services being used by over 90% of customers.

This shift towards digital banking has not only improved customer satisfaction but also reduced operational costs for the bank.

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Sales by Activity

Sales by Activity is a crucial aspect of a company's overall performance, and Shengjing Bank Co., Ltd. is no exception. The bank's sales figures reveal some interesting trends.

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Credit: pexels.com, Asian woman working in a bright office, calculating finance on a desk with a laptop.

Corporate Banking has consistently been the bank's top-grossing segment, with sales increasing from 3.03B in 2019 to 6.63B in 2023. This significant growth indicates a strong demand for corporate banking services.

Retail Banking has also shown steady growth, with sales increasing from 1.02B in 2019 to 3.84B in 2022, before decreasing to 1.39B in 2023. This fluctuation may be due to various market factors.

The Others category, which includes miscellaneous sales, has seen a significant increase from 16.66M in 2019 to 60.64M in 2023. This growth suggests that the bank is diversifying its revenue streams.

Treasury Business has been a mixed bag, with sales decreasing from 6.71B in 2019 to -1.17B in 2023. This significant decline may be a cause for concern.

Here's a breakdown of the bank's sales by activity over the years:

Management and Leadership

Shengjing Bank has a diverse and experienced management team, with several key executives holding important positions.

The bank's President, Xu Liu, has been in the role since April 2023, bringing 57 years of age and a wealth of experience to the position.

Credit: youtube.com, The Complex Strategy of Liaoning Province in Resolving Shengjing Bank's Bad Debt Crisis

Hong Bao serves as Director of Finance and CFO, having joined the bank in March 2020, at the age of 53.

Shi Jun Chen is the Comptroller/Controller/Auditor, with 50 years young and 2 years of experience in the role since August 2022.

The bank's Executive Committee includes several other key members, including Zheng Li, the Human Resources Officer, who joined in March 2020 at 39 years old.

Jun Zhang serves as Corporate Officer/Principal, with 54 years young and 2 years of experience in the role since May 2022.

The bank's Directors also play a crucial role in shaping its strategy and direction. Three Directors, Yi Gong Wang, Wen Ge Pan, and Wing Shing Yuen, are listed in the bank's records, each bringing their own unique perspective and experience to the table.

Here are the key members of the bank's Executive Committee and Directors:

Shareholders and Ownership

Shengjing Bank has a diverse group of shareholders, with several key players holding significant stakes in the company.

Credit: youtube.com, Evergrande to sell Shengjing Bank stake to raise US$ 1.55 bil.

The largest shareholder is Shenyang Shengjing Financial Holding Investment Group Co. Ltd, which owns 28.33% of the bank's equities.

Cho Hung Suen is another major shareholder, holding 17.98% of the bank's equities, making him one of the bank's largest individual shareholders.

The bank's valuation is estimated to be around $237 million, based on Shenyang Shengjing Financial Holding Investment Group Co. Ltd's holding.

Here is a breakdown of the top shareholders in Shengjing Bank:

The remaining shareholders include Peak Trust Co., Chung Kiu Cheung, OSHIDORI INTERNATIONAL HOLDINGS LIMITED, and Cheng Yu Tung Family Ltd., among others.

Valuation

Valuation is a crucial aspect of understanding a company's financial health and value. Shengjing Bank Co., Ltd. has a capitalization range of 1.08B to 49.74B.

The P/E ratio for 2022 is 48x, indicating a relatively high valuation. In contrast, the P/E ratio for 2023 is 8.5x, suggesting a significant decrease.

Enterprise value for Shengjing Bank Co., Ltd. varies from 392M to 74.17B. This range is quite substantial, reflecting the company's diverse financial situation.

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EV/Sales ratio for 2022 is 4.1x, while for 2023 it's -0.01x, indicating a significant change in the company's valuation.

The free-float percentage is 6.25%, which means that a relatively small portion of the company's shares are available for public trading.

Here's a breakdown of the capitalization and P/E ratio for Shengjing Bank Co., Ltd.:

The enterprise value for Shengjing Bank Co., Ltd. is also worth noting, ranging from 392M to 74.17B.

Shareholders:

Shareholders play a crucial role in a company's decision-making process, and understanding their ownership structure can provide valuable insights into the company's operations.

Cho Hung Suen holds the largest share of Shengjing Bank Co., Ltd. with 17.98% equities valued at $55 million.

Peak Trust Co. - Ak is another significant shareholder with 17.38% equities valued at $53 million.

The top shareholders of Shengjing Bank Co., Ltd. include:

Shenyang Shengjing Financial Holding Investment Group Co. Ltd. is the largest shareholder of Shengjing Bank Co., Ltd. with 28.33% equities valued at $237 million.

A contemporary city skyline featuring tall buildings and a prominent bank at dusk.
Credit: pexels.com, A contemporary city skyline featuring tall buildings and a prominent bank at dusk.

Shenyang State-Owned Assets Sup. & Admin. Commission holds 7.432% equities valued at $62 million.

The top shareholders of Shenyang Shengjing Financial Holding Investment Group Co. Ltd. include:

Shenyang Shengjing Financial Holding Investment Group Co. Ltd. holds a significant majority of Shengjing Bank Co., Ltd.'s shares, giving it substantial influence over the company's operations.

SWIFT Codes and Banking

If you're sending or receiving international transfers to a Shengjing Bank Co., account, you'll need the SWIFT code. This code is crucial for routing the funds to the correct bank and branch.

You can find your Shengjing Bank Co., SWIFT code on your bank statement, by logging into your online banking account, or by contacting Shengjing Bank Co., directly. It's also listed on the official Shengjing Bank Co., website under banking information or help sections.

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Commercial

Commercial banks are a crucial part of the global financial system, and understanding their performance can be a great way to stay informed about the market.

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The data from the past year shows that Agricultural Bank of China Limited has seen a significant increase in its stock price, with a 43.34% change over the past year.

A closer look at the data reveals that the average change in stock price for commercial banks over the past year is 14.34%.

Industrial Bank Co., Ltd. has also seen a notable increase in its stock price, with a 25.15% change over the past year.

Here are some key statistics for the commercial banks mentioned:

The weighted average by capitalization also shows a significant increase in stock price, with a 22.47% change over the past year.

Understanding SWIFT Codes

A SWIFT code is an essential piece of information for international transactions, especially when dealing with banks like Shengjing Bank Co., in China.

You'll need a SWIFT code to initiate an international transfer to a Shengjing Bank Co., bank account or to receive funds in a Shengjing Bank Co., bank account in China.

Traditional banks often process international transfers slowly and at a higher cost, which is why alternatives like the Qonto business account for international transactions can be a more efficient solution.

The Qonto business account provides a swift, cost-effective, and secure solution for transferring funds internationally.

Finding Swift Code

Credit: youtube.com, EASIEST Way To Get Swift/BIC Code Of Any Bank || How To Find SWIFT or BIC Code For Banks

You can find your Shengjing Bank Co., SWIFT code on your bank statement, by logging into your online banking account, or by contacting Shengjing Bank Co., directly.

It's often listed on the official Shengjing Bank Co., website under banking information or help sections, making it easily accessible.

To initiate an international transfer, you'll need the SWIFT code along with other essential details, such as the recipient's account information.

Traditional banks often process international transfers slowly and at a higher cost, but there are alternative solutions available, like the Qonto business account for international transactions.

You can use your SWIFT code to facilitate international money transfers, but remember that SWIFT codes and IBANs are not the same – a SWIFT code identifies a specific bank globally, while an IBAN provides detailed information about an individual account.

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Company Information

Shengjing Bank is a state-owned commercial bank in China, established in 1996 with its headquarters in Shenyang, Liaoning Province.

Credit: youtube.com, How big of a company is Shengjing Bank?

Shengjing Bank has a significant presence in the northeastern region of China, with over 300 branches and 1,000 ATMs across the country.

The bank offers a range of financial services, including corporate banking, personal banking, and investment banking, to meet the diverse needs of its customers.

Shengjing Bank has a strong focus on supporting local economic development, with a significant portion of its business coming from small and medium-sized enterprises (SMEs) in the region.

The bank has a long history of innovation, having introduced the first mobile banking service in China in 2005, allowing customers to conduct financial transactions on their mobile phones.

Elena Feeney-Jacobs

Junior Writer

Elena Feeney-Jacobs is a seasoned writer with a deep interest in the Australian real estate market. Her insightful articles have shed light on the operations of major real estate companies and investment trusts, providing readers with a comprehensive understanding of the industry. She has a particular focus on companies listed on the Australian Securities Exchange and those based in Sydney, offering valuable insights into the local and national economies.

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