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The below chart reflects Bank of Ningbo's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Bank of Ningbo's peer average final assessment score stands on 73.0, Bank of Ningbo's score is 86.

Balance Sheet Analysis

Overall, Bank of Ningbo's critical balance sheet metrics appear to signal strong support and a high likelihood of positive growth going forward. Bank of Ningbo did a great job related to cash and cash equivalents this period, which stood at 121209.0, representing a 395.1% change from the previous filing. This performance is significantly more impressive than its peers and competitors. It suggests that their stock price has room to grow to reflect its actual intrinsic value. The company's cash and cash equivalents movement, therefore, received a grade of 97. Also, In terms of liabilities, Bank of Ningbo published good numbers. Their reported liabilities were 2063292.0, representing a 10.6% change from the previous report. This performance is all interesting relative to their peers and suggests that their stock price has room to grow to reflect a higher intrinsic value. These results statistically lead to positive movement in stock prices, so we rated its liabilities movement component 86. However, one concerning metric, Assets, stood out. Bank of Ningbo's management did not succeed in significantly improving the value of the assets on their balance sheet, which now sits at 2219192.0 and represents a 10.1% change from the previous report. Bank of Ningbo's unremarkable asset growth results, specifically compared to their industry peers' performance, should present negative pressure on Bank of Ningbo's stock price. Therefore, their asset component earned a score of 51. Therefore, their balance sheet earned a grade of 89.

The below chart describes Bank of Ningbo's performance as reflected on its balance sheet with respect to its peers. While Bank of Ningbo received a balance sheet score of 89, the average of its peers stands on 77.0.

Income Statement Analysis

Bank of Ningbo appears likely to maintain its strong income statement metrics, especially Return Factors. Bank of Ningbo's reported return on equity (ROE) ratio was 14.7, representing a change of 1.0%. Its return factor metrics are even more remarkable when compared to their peers. The company's return factors (ROA & ROE) components, therefore, received a grade of 76. That said, one metric, Revenue Efficiency, stood out as strongly negative. Bank of Ningbo reported discouraging numbers for its revenue efficiency. As of the current filing, they were reported as 41692.0 and represented 3.1% change from the previous period. This metric might have a 2.3 percent impact on companies in the same industry and with the same market capitalization. Their revenue efficiency does not make a compelling case for upward pressure on the company's stock price. As a result, their revenue efficiency earned a score of 55. their income statement received an overall score of 70.

The below chart describes Bank of Ningbo's performance as reflected on its income statement with respect to its peers. While Bank of Ningbo received a income statement score of 70 , the average of its peers stands on 68.0.

Cash Flow Analysis

Net Cash Flow and Capex stand out as the most significant drivers of Bank of Ningbo's cash flow's strength. Bank of Ningbo presents exciting net cash flow numbers for its recent financial release, illustrated by a net cash flow of 92783.0, which is a change of 1103.6% from the last filing. The company is headed in the right direction regarding business priorities, exhibiting prudent net cash flow management and growth. Consequently, their net cash flow movement received a grade of 93. Also, Bank of Ningbo's published capital expenditures (CapEx) numbers were encouraging and reflected management's balanced change strategy. Bank of Ningbo recorded CapEx of -2568.0, which represents -2.0% change from the previous report. This performance is all the more impressive relative to their peers and competitors. Therefore, its CapEx movement component earned a score of 59. On the other hand, Free Cash flow, jumped out as looking problematic. Free cash flow numbers published by Bank of Ningbo were 15.6, which was a 299.1% change from the previous filing. Companies in the same sector and market capitalization will usually be affected by up to 9.3 percent by this parameter. These free cash flow numbers show that management has not been executing well in generating critical cash flow while also encouraging growth. Disappointing results in free cash flow often lead to negative pressure in stock prices, so we rated their free cash flow with a score of 38. Because their management is doing an excellent job managing these critical metrics, the cash_flow was given a score of 71.

The below chart describes Bank of Ningbo's performance as reflected on its cash flow with respect to its peers. While Bank of Ningbo received a cash flow score of 71, the average of its peers stands on 65.0.