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601229:SSEBank of Shanghai Co., Ltd. Class A Analysis

Data as of 2026-09-07 - not real-time

CN¥9.48

Latest Price

3/10Risk

Risk Level: Low

Executive Summary

At ¥9.48, Bank of Shanghai Co., Ltd. shows no decisive moving-average alignment, leaving the trend neutral. It has gained 3.5% over the past 30 days. RSI sits at 49.3, which reads as neutral, and MACD momentum is bearish. Price has been bracketed by support at ¥9.18 and resistance at ¥9.97.
Multiples put this in undervalued territory: 6.6 times earnings against the sector's 16.5. Sell-side targets cluster 15.3% above the current quote. The 5.41% dividend yield looks covered by current payout levels.
Risk comes out at 3 of a possible 10, a low reading. With 30-day volatility of 21.9%, a beta of -0.08 and a maximum drawdown of 15.3%, the drawdown profile is forgiving relative to most of the market. The wider market backdrop reads extreme greed at 94 on the fear-greed composite.
Timeframes disagree: the short-term read is hold while the long-term read is buy, conviction 5 out of 10.

Top Market Events

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Market Outlook

Short Term

< 1 year
Neutral
Model confidence: 1/10

Key Factors

  • Trading below the 200-day average of 9.56
  • MACD momentum is negative
  • RSI at 49.3 is in neutral territory

Medium Term

1–3 years
Neutral
Model confidence: 3/10

Key Factors

  • P/E of 6.6 versus sector average of 16.5
  • Trading below the 200-day average of 9.56
  • Analyst targets imply +15.3% versus the current price

Long Term

> 3 years
Positive
Model confidence: 5/10

Key Factors

  • P/E of 6.6 versus sector average of 16.5
  • Analyst targets imply +15.3% versus the current price
  • Profit margin of 57.4% is healthy

Key Metrics & Analysis

Financial Health

Revenue Growth0.40%
Profit Margin57.35%
P/E Ratio6.6
ROE9.12%
ROA0.72%
P/B Ratio0.5
Op. Cash FlowCN¥62.6B
Industry P/E16.5

Technical Analysis

TrendNeutral
RSI49.3
SupportCN¥9.18
ResistanceCN¥9.97
MA 20CN¥9.56
MA 50CN¥9.31
MA 200CN¥9.56
MACDBearish
VolumeStable
Fear & Greed Index94.11

Valuation

Fair ValueCN¥10.98
Target PriceCN¥10.93
Upside/Downside15.25%
GradeUndervalued
TypeValue
Dividend Yield5.41%

Risk Assessment

Beta-0.08
Volatility21.89%
Sector RiskMedium
Reg. RiskHigh
Geo RiskHigh
Currency RiskHigh
Liquidity RiskLow

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.