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Industrial and Commercial Bank of China Limited is currently in a long term downtrend where the price is trading 3.4% below its 200 day moving average.
From a valuation standpoint, the stock is 95.7% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 1.9.
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 fell by 104.7% to $-57B 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 3/5.
| ISIN | CNE1000003G1 |
|---|---|
| Industry | Banks-Diversified |
| Sector | Financial Services |
| CurrencyCode | EUR |
| Exchange | F |
| Beta | 0.44 |
|---|---|
| Dividend Yield | 8.6% |
| Market Cap | 212B |
| Target Price | None |
| PE Ratio | 3.77 |
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 financial products and services to corporations, government agencies, and financial institutions. Its products and services include corporate loans, trade financing, deposit taking activities, corporate wealth management services, custody activities, and various corporate intermediary services. The Personal Banking segment provides financial products and services to individual customers. This segment's products and services comprise personal loans and cards, deposits, and personal wealth management and intermediary services. The Treasury Operations segment is involved in the money market transactions, investment securities, and foreign exchange transactions businesses, as well as in the holding of derivative positions. It also offers e-banking services, investment banking, financial leasing, and insurance services. The company was founded in 1984 and is based in Beijing, the People's Republic of China.
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