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1398.HK Industrial and Commercial Bank of China Limited
HK HKD Financial Services
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- Market cap
- 3T
- P/E ratio
- 6.33
- Analyst target
- 8.3735
- Dividend yield
- 4.2%
- Beta
- 0.14
Profile
Company facts
- Exchange
- HK
- Currency
- HKD
- Sector
- Financial Services
- Industry
- Banks - Diversified
- ISIN
- CNE1000003G1
- Market cap
- 3T
- P/E ratio
- 6.33
- Analyst target
- 8.3735
- Dividend yield
- 4.2%
- Beta
- 0.14
About
About Industrial and Commercial Bank of China Limited
Industrial and Commercial Bank of China Limited, together with its subsidiaries, provides banking products and services in the People's Republic of China and internationally. It operates through Corporate Banking, Personal Banking, and Treasury Operations segments. The Corporate Banking segment offers corporate loans, trade financing, deposit-taking activities, corporate wealth management services, custody services, and various types of corporate intermediary services, as well as corporate loans to corporations, government agencies, and financial institutions. Its Personal Banking segment provides personal loans, deposit-taking activities, card business, personal wealth management services, and various types of personal intermediary services to individual customers. The Treasury Operations segment engages in money market transactions, investment securities, and foreign exchange transaction activities. In addition, the company is involved in the fund raising, fund sales, asset management, and other businesses; financial leasing; insurance businesses, such as life, health, and accident insurance, as well as reinsurance; debt-for-equity swaps; and issuance of wealth management products, wealth management advisory, and consulting services. Industrial and Commercial Bank of China Limited was founded in 1984 and is headquartered in Beijing, the People's Republic of China.
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5 years, 5 months ago
Industrial and Commercial Bank of China Limited is currently in a long term downtrend where the price is trading 7.0% below its 200 day moving average.
From a valuation standpoint, the stock is 86.5% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 2.0.
Industrial and Commercial Bank of China Limited's total revenue rose by 4.3% to $216B since the same quarter in the previous year.
Its net income has increased by 44.2% to $87B since the same quarter in the previous year.
Finally, its free cash flow grew by 29.3% to $-481B since the same quarter in the previous year.
Based on the above factors, Industrial and Commercial Bank of China Limited gets an overall score of 4/5.