Hua Xia Bank Co Ltd (600015) fair value: what the stock is really worth
We calculate from audited financials what Hua Xia Bank Co Ltd is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily.
Watch Hua Xia Bank Co Ltd for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 18, 2026.
How to read this chart
60‑month range ¥4.47 – ¥8.58 · fair‑value band ¥11.16 – ¥17.20 · the ¥6.23 price screens below the ¥12.54 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 18, 2026.
Hua Xia Bank Co., Limited provides commercial banking services in China and Hong Kong.
Show more
Hua Xia Bank Co., Limited provides commercial banking services in China and Hong Kong. It offers current, time, corporate agreement, foreign currency, and notice deposit products; debit and credit services; housing loans, business loans, life loans, and personal loans, as well as working capital, credit, stock pledge, fixed asset, guarantee, and syndicate loans; financial services, such as trading, investment, foreign exchange, and third-party depositary; and fund products. The company also provides intermediary services, including agency sales, guarantees, agency collection and payment services, settlement, and other services; asset custody services; internet and mobile banking; internet fund; online payment services; and wealth management, and FX trading and advisory services. In addition, it offers insurance services, trust services, brokerage, personal exchange settlement, personal deposit certification, and safe-deposit boxes. The company was incorporated in 1992 and is headquartered in Beijing, China.
Stock analysis
Hua Xia Bank Co Ltd (600015) currently trades at ¥6.23, while our model-based Fair Value estimate is ¥12.54, implying the stock looks roughly 50.3% undervalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of ¥22.22 per share, and 6 of the 6 models we run sit above the ¥6.23 price.
Bear case: the Dividend Discount group reads lowest at ¥13.34, and 0 of the 6 models stay below the price. Evidence for this calculation is low.
Scenario range: ¥11.16 (bear) to ¥17.20 (bull), the price of ¥6.23 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 54/100 (solid quality), in the Financial Services sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Hua Xia Bank Co Ltd reported revenue of 91.7B CNY in FY2025 versus 169B CNY in FY2021, a compound −14.2%/yr. Reported net income was 27.2B CNY in FY2025, compounding +3.7%/yr from FY2021.
Key figures
Market cap 108B CNY (≈ $16.1B) · P/E ratio 3.9 · P/S ratio 1.15 · EPS (TTM) ¥1.61 · Dividend yield 6.7% · Net margin 29.7% · Return on equity 7.2% · Return on assets (EBIT) 0.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 41 out of 100 (low confidence).
What moves the price
The share trades about 29% below its 52-week high, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −31% fair-value upside, at 101%, 600015 screens cheaper than that median.
Fair Value models
Bear ¥11.16Fair Value ¥12.54Bull ¥17.20
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (¥0.8640 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−49.5%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−18.7%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−10.6%
Revenue growth 25 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+13.7%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+10.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+3.7%
Dividend (yield on the price)6.7%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.4% vs 2%, steady
Profit margin 2019 to 2024 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.19% → 20%
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 1073 stocks
Beats the industry median on 10/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score56 · Above median
Fair Value upside+109% · Top 25%
Profitability
Return on equity (TTM)7% · Below median
Return on assets1% · Below median
Net margin (TTM)40% · Top 25%
Operating margin (TTM)51% · Top 25%
Growth and dividend
Revenue growth5% · Below median
Dividend yield (TTM)6.7% · Top 25%
Balance sheet
Debt / equity0.45× · Above median
Valuation Multiplesvs Banks - Regional median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Hua Xia Bank Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/600015
Frequently asked questions
Is Hua Xia Bank Co Ltd (600015) overvalued or undervalued?
As of Sep 18, 2026, our model estimates a fair value of ¥12.54 versus a price of ¥6.23, about +101% upside (undervalued).
What is the fair value of 600015?
Our model-based fair value for Hua Xia Bank Co Ltd is ¥12.54 (as of Sep 18, 2026), built from audited fundamentals. The current price: ¥6.23.
What is the quality score of 600015?
Hua Xia Bank Co Ltd has a Quality Score of 54/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Hua Xia Bank Co Ltd (600015)?
Our model-based price target is the fair value of ¥12.54 (as of Sep 18, 2026) from 6 valuation models. Cautious scenario ¥11.16, optimistic scenario ¥17.20. It is a calculation from audited fundamentals, not an analyst target.
What is the Hua Xia Bank Co Ltd stock forecast for 2026?
Our models put fair value at ¥12.54, about +101% upside versus a price of ¥6.23 (undervalued). Cautious scenario ¥11.16, optimistic scenario ¥17.20. The calculation is refreshed regularly with new filings.
What is the revenue of Hua Xia Bank Co Ltd (600015)?
Hua Xia Bank Co Ltd reported trailing-twelve-month revenue of about 67.4B CNY (latest available figure, as of Sep 18, 2026).
Does Hua Xia Bank Co Ltd pay a dividend?
Hua Xia Bank Co Ltd currently shows a dividend yield of about 6.74% relative to its recent price (as of Sep 18, 2026).
What is the intrinsic value of Hua Xia Bank Co Ltd (600015)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Hua Xia Bank Co Ltd it is ¥12.54 per share (as of Sep 18, 2026), against a price of ¥6.23. It is the blended result of 6 valuation models (cash flow, earnings, asset, dividend).
Is Hua Xia Bank Co Ltd stock overvalued or undervalued in 2026?
As of Sep 18, 2026, 600015 trades below its calculated fair value: price ¥6.23, fair value ¥12.54, a gap of about +101% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 600015?
No. The price is what the market pays today (¥6.23); the fair value is what the company's own numbers justify (¥12.54). For Hua Xia Bank Co Ltd the two are ¥6.31 per share apart. That gap is exactly why we show both numbers side by side.
How much is Hua Xia Bank Co Ltd worth?
The market values Hua Xia Bank Co Ltd at about 108B CNY (market capitalisation, as of Sep 18, 2026). Per share that is ¥6.23; our models calculate a fair value of ¥12.54 per share.
What do the bullish and bearish scenarios say about 600015?
Our models span a range for Hua Xia Bank Co Ltd: cautious scenario ¥11.16, base ¥12.54, optimistic ¥17.20 per share (as of Sep 18, 2026, price ¥6.23). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 600015?
Hua Xia Bank Co Ltd trades at a price-to-earnings ratio of 3.9 (as of Sep 18, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥12.54 is built from several models across several years. Other multiples: PEG 0.7, P/B 0.3, P/S 1.6.
What is the PEG ratio of 600015?
The PEG ratio of Hua Xia Bank Co Ltd is 0.66 (P/E divided by earnings growth, as of Sep 18, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Hua Xia Bank Co Ltd (600015)?
Balance-sheet figures for Hua Xia Bank Co Ltd (as of Sep 18, 2026): return on equity 7.2%, debt of 0.45 per unit of equity. They feed the Quality Score of 54/100, which measures business quality independently of the share price.
How far is 600015 from its 52-week high?
Hua Xia Bank Co Ltd trades at ¥6.23, about 29% below its 52-week high of ¥8.72 (as of Sep 18, 2026). Distance from the high says nothing about value: that is what the fair value of ¥12.54 is for.
Which stocks are comparable to Hua Xia Bank Co Ltd?
From the same area (Financial Services) we also value DBS Group, China Merchants Bank Co, Intesa Sanpaolo S.p.A, HDFC Bank Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Hua Xia Bank Co Ltd stock attractive at the current price?
The data as of Sep 18, 2026: price ¥6.23, calculated fair value ¥12.54 (+101%), Quality Score 54/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 600015 calculated?
We run Hua Xia Bank Co Ltd through 6 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ¥12.54, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 16.1 % above its aggregate fair value. Hua Xia Bank Co Ltd currently trades 101 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Hua Xia Bank Co Ltd (600015)?
The closing price on Sep 18, 2026 was ¥6.23. Our model-based fair value is ¥12.54, about +101% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Hua Xia Bank Co Ltd right now?
The price is below even our cautious bear case (¥11.16). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid quality (54/100) at a price below fair value, the discount is the argument here, not the business quality. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of Hua Xia Bank Co Ltd (600015) come from?
Earnings per share at Hua Xia Bank Co Ltd grew +2.3 % a year from 2013 to 2024. Broken into its drivers: revenue per share +4.5 %, EBIT margin −2.2 %, tax rate +0.2 %, residual (interest, one-offs) −0.1 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Hua Xia Bank Co Ltd
How large is the market capitalisation of Hua Xia Bank Co Ltd (600015)?
The market capitalisation of Hua Xia Bank Co Ltd is 108B CNY (≈ $16.1B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Hua Xia Bank Co Ltd (600015)?
The price-to-sales ratio of Hua Xia Bank Co Ltd is 1.15 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Hua Xia Bank Co Ltd (600015)?
Earnings per share at Hua Xia Bank Co Ltd are ¥1.61 (price ÷ EPS = P/E 3.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Hua Xia Bank Co Ltd (600015)?
The dividend yield of Hua Xia Bank Co Ltd is 6.7% (payout 26.1%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Hua Xia Bank Co Ltd (600015)?
The net margin of Hua Xia Bank Co Ltd is 29.7% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Hua Xia Bank Co Ltd (600015)?
The return on equity (ROE) of Hua Xia Bank Co Ltd is 7.2% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Hua Xia Bank Co Ltd (600015)?
On an EBIT basis the return on assets of Hua Xia Bank Co Ltd is 0.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Hua Xia Bank Co Ltd (600015)?
The operating margin of Hua Xia Bank Co Ltd is 50.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Hua Xia Bank Co Ltd (600015)?
Revenue at Hua Xia Bank Co Ltd is growing +4.6% versus a year earlier (3y avg −18.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Hua Xia Bank Co Ltd (600015)?
Earnings per share at Hua Xia Bank Co Ltd are growing −3.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Hua Xia Bank Co Ltd (600015) generate?
The free cash flow of Hua Xia Bank Co Ltd is 52.2B CNY (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Hua Xia Bank Co Ltd (600015) carry?
The net debt of Hua Xia Bank Co Ltd is 567B CNY (fiscal year 2025, ≈ 10.9 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Hua Xia Bank Co Ltd in the live analysis
One click puts Hua Xia Bank Co Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
