Agricultural Bank of China Ltd Class H EK7
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
-
Major Chinese Banks Lower Deposit Rates to Protect Margins — Update
-
Fitch Ratings Downgrades Outlook for Chinese State-Owned Banks
-
China's Big Banks Cut Deposit Rates as Growth Plateaus
-
One bank exits the world's systemically important as JPMorgan Chase again required to have top capital
-
Chinese Bank Stocks Gain After State Fund Raises Stakes — Update
-
Chinese Bank Stocks Gain After State Fund Raises Stakes
-
Major Chinese Banks Cut Yuan Deposit Rates to Protect Profits
Trading Information
- Previous Close Price
- €0.44
- Day Range
- €0.45–0.45
- 52-Week Range
- €0.24–—
- Bid/Ask
- €0.00 / €0.00
- Market Cap
- €156.37 Bil
- Volume/Avg
- 0 / —
Key Statistics
- Price/Earnings (Normalized)
- 5.12
- Price/Sales
- 1.89
- Dividend Yield (Trailing)
- 6.78%
- Dividend Yield (Forward)
- 6.65%
- Total Yield
- 6.78%
Company Profile
As one of the big four banks, ABC is headquartered in Beijing. The bank evolved from a state-owned specialized bank to a state-controlled commercial bank. It listed on the Hong Kong and Shanghai Stock Exchanges in 2010. ABC operates more than 20,000-branch network in China, providing corporate and retail banking products and services, and carries out treasury operations for its own accounts or for its customers. Shareholders Central Huijin, China's state-owned investment company, and the Ministry of Finance own 40.14% and 35.29%, respectively. Corporate banking, retail banking, and wholesale banking accounted for 41%, 56%, and 3% of total revenue in the first half of 2024, respectively. Rural banking and urban banking contributed 50% and 50% of total revenue during the same period.
- Sector
- Financial Services
- Industry
- Banks - Diversified
- Stock Style Box
- Large Value
- Total Number of Employees
- 446,023
- Website
- https://www.abchina.com
Competitors
Valuation
|
Metric
|
EK7
|
601988
|
601939
|
|---|---|---|---|
Price/Earnings (Normalized) | 5.12 | 6.83 | 6.23 |
Price/Book Value | 0.49 | 0.64 | 0.66 |
Price/Sales | 1.89 | 2.54 | 2.67 |
Price/Cash Flow | 8.56 | 7.05 | 9.71 |
Price/Earnings
EK7
601988
601939
Financial Strength
|
Metric
|
EK7
|
601988
|
601939
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
|
Metric
|
EK7
|
601988
|
601939
|
|---|---|---|---|
Return on Assets (Normalized) | 0.66% | 0.71% | 0.85% |
Return on Equity (Normalized) | 11.13% | 10.36% | 11.26% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
EK7
601988
601939
Banks - Diversified Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| JPMorgan Chase & Co
JPM
| Jtnskxdb | Dmfn | $596.9 Bil | |||
| Bank of America Corp
BAC
| Gcjxydksj | Pdb | $306.7 Bil | |||
| Wells Fargo & Co
WFC
| Mzgydbv | Nrkjj | $191.9 Bil | |||
| Royal Bank of Canada
RY
| Kscryscxt | Dtn | $176.0 Bil | |||
| HSBC Holdings PLC ADR
HSBC
| Hdsdhxqhw | Bprp | $165.3 Bil | |||
| Mitsubishi UFJ Financial Group Inc ADR
MUFG
| Zfhgfylgf | Zzmc | $119.3 Bil | |||
| Citigroup Inc
C
| Kfcnjcz | Crzts | $117.7 Bil | |||
| The Toronto-Dominion Bank
TD
| Stlcwxycgv | Ddhg | $110.6 Bil | |||
| UBS Group AG
UBS
| Jnfxjpjbx | Kbnylc | $98.6 Bil | |||
| Banco Santander SA ADR
SAN
| Cjh | Htsdtxt | $79.5 Bil |
United States