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Chinese (SSE) Banks Industry Analysis

UpdatedJun 05, 2026
DataAggregated Company Financials
Companies32
  • 7D1.2%
  • 3M-2.8%
  • 1Y-12.9%
  • YTD-7.8%

Over the last 7 days, the Banks industry has risen 1.2%, driven by gains from China Merchants Bank of 2.6%. In the past year, the industry is down 13%. Earnings are forecast to grow by 6.7% annually.

Industry Valuation and Performance

Has the Chinese Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 05 Jun 2026CN¥4.1tCN¥1.5tCN¥676.8b5.9x6.1x2.7x
Sun, 03 May 2026CN¥4.3tCN¥1.5tCN¥677.9b6.2x6.4x2.8x
Tue, 31 Mar 2026CN¥4.4tCN¥1.6tCN¥686.6b6.1x6.3x2.7x
Thu, 26 Feb 2026CN¥4.2tCN¥1.7tCN¥693.5b6.2x6.1x2.5x
Sat, 24 Jan 2026CN¥4.2tCN¥1.7tCN¥683.2b6.1x6.1x2.4x
Mon, 22 Dec 2025CN¥4.5tCN¥1.5tCN¥668.6b6.3x6.7x3x
Wed, 19 Nov 2025CN¥4.5tCN¥1.5tCN¥668.6b6.3x6.8x3x
Fri, 17 Oct 2025CN¥4.6tCN¥1.5tCN¥674.4b6.3x6.8x3x
Sun, 14 Sep 2025CN¥4.2tCN¥1.4tCN¥608.7b6.3x6.8x3.1x
Tue, 12 Aug 2025CN¥4.4tCN¥1.4tCN¥600.8b6.6x7.2x3.2x
Thu, 10 Jul 2025CN¥4.6tCN¥1.4tCN¥596.4b7.2x7.7x3.4x
Sat, 07 Jun 2025CN¥4.2tCN¥1.4tCN¥597.2b6.5x7x3.1x
Mon, 05 May 2025CN¥3.8tCN¥1.4tCN¥597.2b6x6.4x2.8x
Wed, 02 Apr 2025CN¥3.9tCN¥1.4tCN¥603.6b6x6.4x2.7x
Fri, 28 Feb 2025CN¥3.8tCN¥1.5tCN¥722.1b5.9x5.3x2.5x
Sun, 26 Jan 2025CN¥3.8tCN¥1.5tCN¥605.2b5.9x6.2x2.6x
Tue, 24 Dec 2024CN¥3.6tCN¥1.3tCN¥589.3b5.9x6.2x2.7x
Thu, 21 Nov 2024CN¥3.6tCN¥1.3tCN¥589.3b5.8x6x2.7x
Sat, 19 Oct 2024CN¥3.7tCN¥1.3tCN¥594.3b5.7x6.2x2.7x
Mon, 16 Sep 2024CN¥2.9tCN¥1.3tCN¥594.3b4.8x4.9x2.2x
Wed, 14 Aug 2024CN¥3.1tCN¥1.3tCN¥585.5b5.1x5.2x2.3x
Fri, 12 Jul 2024CN¥3.2tCN¥1.3tCN¥581.9b5.3x5.4x2.4x
Sun, 09 Jun 2024CN¥3.3tCN¥1.3tCN¥581.9b5.5x5.6x2.5x
Tue, 07 May 2024CN¥3.2tCN¥1.3tCN¥582.6b5.4x5.6x2.4x
Thu, 04 Apr 2024CN¥3.0tCN¥1.5tCN¥595.9b5.2x5.1x2.1x
Sat, 02 Mar 2024CN¥3.1tCN¥1.4tCN¥608.0b5.2x5x2.1x
Mon, 29 Jan 2024CN¥2.9tCN¥1.4tCN¥602.6b5x4.9x2.1x
Wed, 27 Dec 2023CN¥2.7tCN¥1.4tCN¥595.1b4.8x4.5x2x
Fri, 24 Nov 2023CN¥2.9tCN¥1.4tCN¥595.1b4.8x4.8x2.1x
Sun, 22 Oct 2023CN¥3.0tCN¥1.4tCN¥599.9b5.2x4.9x2.2x
Tue, 19 Sep 2023CN¥3.1tCN¥1.4tCN¥599.9b5.3x5.1x2.2x
Thu, 17 Aug 2023CN¥3.0tCN¥1.3tCN¥586.0b5.4x5.1x2.3x
Sat, 15 Jul 2023CN¥2.9tCN¥1.3tCN¥585.4b5.2x5x2.2x
Mon, 12 Jun 2023CN¥3.1tCN¥1.3tCN¥585.5b5.4x5.3x2.4x
Price to Earnings Ratio

5.3x


Total Market Cap: CN¥3.1tTotal Earnings: CN¥585.5bTotal Revenue: CN¥1.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Banks Industry Price to Earnings3Y Average 5.9x202420252026
Current Industry PE
  • Investors are relatively neutral on the Chinese Banks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 5.9x.
  • The industry is trading close to its 3-year average PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 4.9% per year over the last three years.
  • Revenues for these companies have grown 5.0% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Chinese Financials industry?

CN Market-1.83%
Financials0.23%
Banks1.20%
Diversified Banks1.32%
Regional Banks0.81%
Industry PE
  • Investors are most optimistic about the Regional Banks industry, which is trading close to its 3-year average PE ratio of 5.6x.
    • Analysts are expecting annual earnings growth of 10.0%, which is higher than its past year's earnings growth of 4.8% per year.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading close to its 3-year average of 6.0x.
Forecasted Growth
  • Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 10.0% over the next 5 years.
  • This is better than its past earnings growth rate of 4.8% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 5.7% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
600036 China Merchants BankCN¥38.102.6%
+CN¥24.7b		-14.1%PB0.7x
601166 Industrial BankCN¥18.291.8%
+CN¥6.8b		-22.2%PB0.4x
601009 Bank of NanjingCN¥11.013.5%
+CN¥4.6b		-1.9%PB0.7x
601229 Bank of ShanghaiCN¥9.233.6%
+CN¥4.5b		-13.7%PB0.5x
000001 Ping An BankCN¥10.821.5%
+CN¥3.1b		-7.3%PB0.4x

Latest News

600000
CN¥9.19
Shanghai Pudong Development Bank
7D
-0.2%
1Y
-25.4%
600036
CN¥38.10
China Merchants Bank
7D
2.6%
1Y
-14.1%
600015
CN¥6.72
Hua Xia Bank
7D
2.3%
1Y
-11.9%
000001
CN¥10.82
Ping An Bank
7D
1.5%
1Y
-7.3%
Narrative Update • May 28

000001: Higher Required Return And Earnings Assumptions Will Shape Balanced Outlook

Analysts have kept their CN¥11.20 price target for Ping An Bank unchanged, citing a slightly higher discount rate and revenue growth assumptions, along with a marginally lower profit margin and a broadly consistent future P/E outlook. Valuation Changes Fair Value: Kept unchanged at CN¥11.20, indicating no adjustment to the central value estimate.
601998
CN¥7.33
China CITIC Bank
7D
-0.5%
1Y
-12.0%
601166
CN¥18.29
Industrial Bank
7D
1.8%
1Y
-22.2%
Narrative Update • May 27

601166: Lower Future P/E Will Support Further Upside Potential

Industrial Bank's updated analyst price target has shifted from CN¥24.53 to CN¥23.66, as analysts factor in the latest assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E. Valuation Changes Fair value, based on analyst assumptions, has edged lower from CN¥24.53 to CN¥23.66.
601838
CN¥18.83
Bank of Chengdu
7D
2.2%
1Y
-1.6%
601825
CN¥8.59
Shanghai Rural Commercial Bank
7D
3.0%
1Y
-13.8%
002807
CN¥3.91
Jiangsu Jiangyin Rural Commercial BankLTD
7D
-2.0%
1Y
-6.5%
000617
CN¥7.46
CNPC Capital
7D
-4.0%
1Y
6.7%
601009
CN¥11.01
Bank of Nanjing
7D
3.5%
1Y
-1.9%
002142
CN¥30.45
Bank of Ningbo
7D
-0.3%
1Y
14.3%
600926
CN¥15.68
Bank of Hangzhou
7D
-0.9%
1Y
-5.0%
601229
CN¥9.23
Bank of Shanghai
7D
3.6%
1Y
-13.7%