China Merchants Bank Co Ltd

Chart & Performance

D1W1MN

No data to show

P/E

7.34

P/S

3.61

EPS

5.84

Div Yield, %

4.71%

Shrs. gr., 5y

0.23%

Rev. gr., 5y

3.79%

Revenues

297.80b

-12.99%

Net income

146.60b

+6.22%

CFO

357.75b

-37.25%

Dividend

Jul 03, 20242.16204 HKD/sh

Earnings

Apr 28, 2025

Profile

China Merchants Bank Co., Ltd., together with its subsidiaries, provides various banking products and services. It operates through Wholesale Finance Business, Retail Finance Business, and Other Business segments. The company offers current, demand, time, call, savings, notice, and renminbi accounts. Its loan products include personal commercial real estate, consumption, housing, and car loans; loans to finance for studying abroad; micro-business loans; mortgage loans for equipment; joint guarantee, special guarantee, and housing mortgage loan; bank acceptance, discount, liquid capital, and fixed asset loans; and loans for vessels. The company also offers credit cards; insurance products; open-ended funds; discount and guarantees for commercial bills, redemption of commercial bills, and guaranteed discount for commercial acceptance bills; and financial consultation, debt financing underwriting, merger and acquisition financing, and equity financing and enterprise listing services. In addition, it provides forfeiting and risk participation, escrow, cross-border RMB clearing, and interbank services; and risk and financial management, cross-border RMB and oversea financing, international factoring and settlement, and trade finance services. Further, the company offers financial leasing and guarantee, investment and wealth management, forex option and gold trading, forex express trading, international, offshore and private banking, custody, pension, and electronic banking services. As of December 31, 2021, it operated 143 branches; 1,770 sub-branches; one branch-level operation center; 2,812 self-service centers; 6,592 self-service machines; one representative office; 14,746 visual counters in Mainland China. The company also operates in Hong Kong, New York, London, Singapore, Luxembourg, Sydney, and Taipei. China Merchants Bank Co., Ltd. was founded in 1987 and is headquartered in Shenzhen, China.

URL

http://www.cmbchina.com/

IPO date

Apr 09, 2002

Employees

112,999

Domiciled in

Incorporated in

Valuation

Order:

Title CNY in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title CNY in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	297,800,000 -12.99%	342,258,000 4.59%
Cost of revenue	(171,425,000)	113,375,000
Unusual Expense (Income)
NOPBT	469,225,000	228,883,000
NOPBT Margin	157.56%	66.87%
Operating Taxes	28,612,000	25,819,000
Tax Rate	6.10%	11.28%
NOPAT	440,613,000	203,064,000
Net income	146,602,000 6.22%	138,012,000 15.08%
Dividends	(44,828,000)	(40,339,000)
Dividend yield	6.19%	4.29%
Proceeds from repurchase of equity
BB yield
Debt
Debt current		216,413,000
Long-term debt	17,678,000	438,519,000
Deferred revenue		6,679,000
Other long-term liabilities	4,527,092,000	(8,189,000)
Net debt	(313,677,000)	(3,121,183,000)
Cash flow
Cash from operating activities	357,753,000	570,143,000
CAPEX	(30,161,000)	(34,892,000)
Cash from investing activities	(913,328,000)	(513,926,000)
Cash from financing activities	546,707,000	(297,032,000)
FCF	2,361,924,000	686,173,000
Balance
Cash	331,355,000	960,911,000
Long term investments		2,815,204,000
Excess cash	316,465,000	3,759,002,100
Stockholders' equity	897,319,000	795,825,000
Invested Capital	5,929,051,000	4,425,205,000
ROIC	8.51%	4.73%
ROCE	7.51%	4.38%
EV
Common stock shares outstanding	26,039,432	25,219,846
Price	27.82 -25.34%	37.26 -23.51%
Market cap	724,416,988 -22.91%	939,691,447 -23.51%
EV	447,566,988	(2,145,288,553)
EBITDA	485,468,000	243,489,000
EV/EBITDA	0.92
Interest	160,941,000	135,145,000
Interest/NOPBT	34.30%	59.05%