CHINA MERCH.B.H ADR/5 YC1

China Merchants Bank Co., Ltd. (OTCPK:CIHKY) Q2 2024 Earnings Conference Call September 1, 2024 9:30 PM ET Company Participants Xia Yangfang - Securities Representative Wang Liang - President and Chief Executive Officer Desheng Zhong - Chief Risk Officer Peng Jiawen - Executive Vice President, Chief Financial Officer and Secretary, BoD Wang Ying - Executive Vice President Conference Call Participants Xiao Feifei - CITIC Securities Xu Richard - Morgan Stanley Gary Lam - HSBC Wang Ziyu - CICC Wang Zhifeng - Point72 Shen Hu - CLSA Judy Zhang - Citi Xia Yangfang Dear investors, analysts, good morning.» Mehr auf seekingalpha.com

Runway Growth Finance (NASDAQ:RWAY – Get Free Report) and China Merchants Bank (OTCMKTS:CIHKY – Get Free Report) are both finance companies, but which is the superior investment? We will compare the two businesses based on the strength of their valuation, earnings, profitability, dividends, risk, analyst recommendations and institutional ownership. Profitability This table compares Runway Growth Finance and China Merchants Bank’s net margins, return on equity and return on assets. Net Margins Return on Equity Return on Assets Runway Growth Finance 26.93% 14.17% 7.34% China Merchants Bank 29.99% 14.92% 1.33% Analyst Recommendations This is a summary of current recommendations and price targets for Runway Growth Finance and China Merchants Bank, as provided by MarketBeat.com. Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Runway Growth Finance 0 6 1 0 2.14 China Merchants Bank 0 0 0 0 N/A Runway Growth Finance currently has a consensus target price of $12.85, suggesting a potential upside of 9.64%. Given Runway Growth Finance’s higher possible upside, analysts plainly believe Runway Growth Finance is more favorable than China Merchants Bank. Institutional & Insider Ownership 64.6% of Runway Growth Finance shares are held by institutional investors. 1.0% of Runway Growth Finance shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term. Valuation and Earnings This table compares Runway Growth Finance and China Merchants Bank’s top-line revenue, earnings per share (EPS) and valuation. Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Runway Growth Finance $164.21 million 2.81 $44.34 million $1.10 10.65 China Merchants Bank $70.40 billion 1.81 $20.74 billion $3.91 6.46 China Merchants Bank has higher revenue and earnings than Runway Growth Finance. China Merchants Bank is trading at a lower price-to-earnings ratio than Runway Growth Finance, indicating that it is currently the more affordable of the two stocks. Dividends Runway Growth Finance pays an annual dividend of $1.60 per share and has a dividend yield of 13.7%. China Merchants Bank pays an annual dividend of $1.04 per share and has a dividend yield of 4.1%. Runway Growth Finance pays out 145.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. China Merchants Bank pays out 26.6% of its earnings in the form of a dividend. Runway Growth Finance has increased its dividend for 2 consecutive years. Runway Growth Finance is clearly the better dividend stock, given its higher yield and longer track record of dividend growth. Risk & Volatility Runway Growth Finance has a beta of 0.65, indicating that its stock price is 35% less volatile than the S&P 500. Comparatively, China Merchants Bank has a beta of 0.36, indicating that its stock price is 64% less volatile than the S&P 500. Summary Runway Growth Finance beats China Merchants Bank on 10 of the 16 factors compared between the two stocks. About Runway Growth Finance (Get Free Report) Runway Growth Finance Corp. is a business development company specializing investments in senior-secured loans to late stage and growth companies. It prefers to make investments in companies engaged in the technology, life sciences, healthcare and information services, business services and select consumer services and products sectors. It prefers to investments in companies engaged in electronic equipment and instruments, systems software, hardware, storage and peripherals and specialized consumer services, application software, healthcare technology, internet software and services, data processing and outsourced services, internet retail, human resources and employment services, biotechnology, healthcare equipment and education services. It invests in senior secured loans between $10 million and $75 million. About China Merchants Bank (Get Free Report) China Merchants Bank Co., Ltd., together with its subsidiaries, provides various banking products and services. It operates through Wholesale Finance Business, Retail Finance Business, and Other Business segments. The company offers current, demand, time, call, savings, notice, and renminbi accounts. Its loan products include personal commercial real estate, consumption, housing, and car loans; loans to finance for studying abroad; micro-business loans; mortgage loans for equipment; joint guarantee, special guarantee, and housing mortgage loan; bank acceptance, discount, liquid capital, and fixed asset loans; and loans for vessels. The company also offers credit cards; insurance products; open-ended funds; discount and guarantees for commercial bills, redemption of commercial bills, and guaranteed discount for commercial acceptance bills; and financial consultation, debt financing underwriting, merger and acquisition financing, and equity financing and enterprise listing services. In addition, it provides forfeiting and risk participation, escrow, cross-border RMB clearing, and interbank services; and risk and financial management, cross-border RMB and oversea financing, international factoring and settlement, and trade finance services. Further, the company offers financial leasing and guarantee, investment and wealth management, forex option and gold trading, forex express trading, international, offshore and private banking, custody, pension, and electronic banking services. The company also operates in Hong Kong, New York, London, Singapore, Luxembourg, Sydney, and Taipei. China Merchants Bank Co., Ltd. was founded in 1987 and is headquartered in Shenzhen, China.» Mehr auf defenseworld.net

China Merchants Bank Co., Ltd. (CIHKY) Q4 2023 Earnings Call Transcript» Mehr auf seekingalpha.com