Study On Investment Value Of Guiyang Bank Co.,Ltd

In current China,banking is still the most important and irreplaceable core component of China's financial market.In 2016,a number of emerging local joint-stock banks were listed,and the Chinese banking industry ushered in a new major development opportunity and trend.Guiyang Bank was the only newly listed and relatively largest commercial bank in the southwest region at the time.This paper uses Guiyang Bank as an example to conduct targeted analysis and valuation of local joint-stock bank stocks in order to measure the stocks of Guiyang Bank.The intrinsic fair value provides investors with reference investment advice.Since entering the school in 2016,under the guidance of mentors,from a macro perspective,from an industry perspective,and from an enterprise perspective,basic analysis methods,dividend discount model method,residual income model method,relative valuation method and other methods have been used to collect Guiyang.The bank's texts,finances,data and other data were analyzed and processed,and a valuation analysis was made of the approximate fluctuation range of Guiyang Bank's future share price,and the possible future trend was forecasted,and Guiyang Bank's development.investors are given some advice on investment.This article is roughly divided into four parts,the first part of the introduction,mainly describes the background of the topic,the source,the topic and significance of the election,domestic and foreign literature review,and the possible innovation and inadequacy of this article,and finally the basic theory involved in bank valuation detailed Explained.The second part introduces the background of the case.It mainly explains the macroeconomic situation and the banking industry in Guizhou,and also explains the development history and detailed internal conditions of Guiyang Bank.This is followed by a detailed analysis of the related financial indicators of Guiyang Bank and a careful analysis of the investment environment from the perspectives of scale indicators,development indicators,asset quality indicators,profitability indicators,and liquidity status indicators.The third part is the most core part of this paper,which estimates the intrinsic value of Guiyang Bank's stock.Here,the author uses two kinds of absolute valuation methods,the dividend discount method and the residual income method,one of the most suitable for bank stocks,the relative valuation of the book-to-book ratio,a total of three methods of valuation of Guiyang bank stocks,seeking There are three different results.The last part is the summary of this article and the final advice to investors.Comprehensive analysis of the full text of the analysis,given the conclusion that Guiyang Bank's share price is currently underestimated,there is room for appreciation in the future,and Guiyang Bank itself should seize the opportunity of the development of the new normal economic new economy,into the era of Internet big data,continue to develop.It is recommended that investors can buy,but in the medium to long term,they will still face certain investment risks.