Industrial and Commercial Bank of China Limited Share Price and Company Fundamentals



Price
$3.82
Change
-0.090 (-2.302%)
52 week
3.36 - 4.94

Last traded: Today at 8:08 AM

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.

Key Metrics

PE ratio

3.64

PB ratio

0.38

Dividend yield

7.49%

Beta

0.42

Market cap

-

Enterprise value

-

Company profile

Industry / Sector Banks—Diversified / Financial Services
Full time employees 434089
Website https://www.icbc-ltd.com
Mailing address 55 Fuxingmennei Avenue Xicheng District Beijing 100140 China
Phone / Fax 86 10 6610 6114 /

Dividends

Dividend yield

7.49%

Dividend amount

$0.29

Payout ratio

30.22%

5Y Avg. yield

5.88%

Industrial and Commercial Bank of China Limited paid $0.29 dividend and the ex-dividend date was 04 July 2022.The dividend payout ratio is 30.22%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.1398 dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

1398's forward dividend amount is $0.34 and the forward dividend yield is 8.85%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Dec 2022, following are the company executives and directors listed on Industrial and Commercial Bank of China Limited.

Name Title Age Total Pay
Mr. Siqing Chen Exec. Chairman 61 113.59k
Mr. Lin Liao Exec. Vice Chairman & Pres 55 112.38k
Mr. Wenwu Zhang Sr. Exec. VP 48 104.04k
Mr. Bairong Wang Chief Bus. Officer 59 174.72k
Mr. Jingwu Wang Sr. Exec. VP, Chief Risk Officer & Exec. Director 55 104.04k
Ms. Yan Xiong Chief Bus. Officer 57 173.09k
Mr. Jianhua Song Chief Bus. Officer 56 171.8k
Mr. Weiwu Zhang Sr. Exec. VP 46 79.81k
Mr. Guoyu Zheng Sr. Exec. VP & Exec. Director 54 34.72k
Dr. Xueqing Guan Board Sec. & Company Sec. 58 180.72k

Profitability and management effectiveness

Profit margin

47.68%

Operating margin

56.63%

Return on assets

0.97%

Return on equity

11.02%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Industrial and Commercial Bank of China Limited is and its enterprise value is .

The 1398's stocks Beta value is 0.42 making it 58% less volatile compared to HKEX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Industrial and Commercial Bank of China Limited (HKEX:1398) Frequently Asked Questions

1. What is Industrial and Commercial Bank of China Limited's Stock Symbol?

Industrial and Commercial Bank of China Limited trades on HKEX under the ticker symbol "1398".

2. What is Industrial and Commercial Bank of China Limited's stock price today?

One share of 1398 stock can currently be purchased for approximately $3.82.

3. How can I contact Industrial and Commercial Bank of China Limited?

Industrial and Commercial Bank of China Limited's mailing address is 55 Fuxingmennei Avenue Xicheng District Beijing 100140 China. The company can be reached via phone at 86 10 6610 6114.

4. What is Industrial and Commercial Bank of China Limited's official website?

The official website of Industrial and Commercial Bank of China Limited is https://www.icbc-ltd.com.