Industrial And Commercial Bank Of China Ltd ADR IDCBY
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
-
ICBC's Profit Slips as Low Rates Weigh — Update
-
ICBC's First-Half Net Profit Falls as Earnings From Lending Drop
-
Major Chinese Banks Lower Deposit Rates to Protect Margins — Update
-
UBS Shelves Plan to Launch China Mutual-Fund Business, Bloomberg Reports
-
Fitch Ratings Downgrades Outlook for Chinese State-Owned Banks
-
ICBC Reports Small Gain in Annual Net Profit As Earnings from Lending Drop
-
ICBC to Pay Federal Reserve, New York Regulators $32.4 Million in Fines
-
China's Big Banks Cut Deposit Rates as Growth Plateaus
Trading Information
- Previous Close Price
- $12.31
- Day Range
- $12.37–12.86
- 52-Week Range
- $8.98–12.86
- Bid/Ask
- $12.36 / $12.74
- Market Cap
- $224.89 Bil
- Volume/Avg
- 41,847 / 46,511
Key Statistics
- Price/Earnings (Normalized)
- 4.97
- Price/Sales
- 2.08
- Dividend Yield (Trailing)
- 6.83%
- Dividend Yield (Forward)
- 6.83%
- Total Yield
- 6.83%
Company Profile
ICBC is headquartered in Beijing and founded in 1984, the bank listed its shares in mainland China and Hong Kong in 2006. It is China's largest by asset scale and by share of lending and deposits. Central Huijin Investment (China's sovereign wealth fund manager) and China's Ministry of Finance are ICBC's two largest shareholders, each with a stake of around 35%. ICBC operates over 16,000 outlets. Among these outlets, 413 outlets are located in 49 countries and regions overseas. Corporate banking, retail banking, and wholesale banking accounted for 47%, 40%, and 13% of total revenue, respectively; and 44%, 36%, and 18% of profit before tax in 2023. Overseas banking and other business contributed 12% of total revenue and 9% of profit before tax in 2023.
- Sector
- Financial Services
- Industry
- Banks - Diversified
- Stock Style Box
- Large Value
- Total Number of Employees
- 408,691
- Website
- https://www.icbc-ltd.com
Competitors
Valuation
|
Metric
|
IDCBY
|
601288
|
600036
|
|---|---|---|---|
Price/Earnings (Normalized) | 4.97 | 7.32 | 6.35 |
Price/Book Value | 0.47 | 0.69 | 0.93 |
Price/Sales | 2.08 | 2.65 | 2.78 |
Price/Cash Flow | 10.54 | 12.03 | 9.87 |
Price/Earnings
IDCBY
601288
600036
Financial Strength
|
Metric
|
IDCBY
|
601288
|
600036
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
IDCBY
|
601288
|
600036
|
|---|---|---|---|
Return on Assets (Normalized) | 1.09% | 0.66% | 1.29% |
Return on Equity (Normalized) | 14.59% | 11.13% | 15.67% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
IDCBY
601288
600036
Banks - Diversified Industry Comparables
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1-Day Chart
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Price
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United States