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China Minsheng Banking SHSE:600016 Stock Report

Last Price

CN¥4.02

Market Cap

CN¥166.8b

7D

-1.7%

1Y

6.1%

Updated

17 Dec, 2024

Data

Company Financials +

China Minsheng Banking Corp., Ltd.

SHSE:600016 Stock Report

Market Cap: CN¥166.8b

600016 Stock Overview

Provides banking products and services for individuals, small and micro-enterprises, corporate customers, government agencies, and financial institutions in the People's Republic of China. More details

600016 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance1/6
Financial Health6/6
Dividends5/6

Rewards

Trading at 40.8% below our estimate of its fair value

Earnings are forecast to grow 7.73% per year

Risk Analysis

Unstable dividend track record


My Notes

Capture your thoughts, links and company narrative

China Minsheng Banking Corp., Ltd. Competitors

China Everbright Bank

SHSE:601818

CN¥203.6b

Ping An Bank

SZSE:000001

CN¥223.8b

Bank of Shanghai

SHSE:601229

CN¥122.2b

Bank of Beijing

SHSE:601169

CN¥123.9b

Price History & Performance

Summary of share price highs, lows and changes for China Minsheng Banking
Historical stock prices
Current Share PriceCN¥4.02
52 Week HighCN¥4.41
52 Week LowCN¥3.25
Beta0.31
1 Month Change6.63%
3 Month Change18.93%
1 Year Change6.07%
3 Year Change2.81%
5 Year Change-35.78%
Change since IPO156.33%

Recent News & Updates

Recent updates

Shareholder Returns

600016CN BanksCN Market
7D-1.7%-2.0%-2.6%
1Y6.1%32.8%9.7%

Return vs Industry: 600016 underperformed the CN Banks industry which returned 33% over the past year.

Return vs Market: 600016 underperformed the CN Market which returned 11.3% over the past year.

Price Volatility

Is 600016's price volatile compared to industry and market?
600016 volatility
600016 Average Weekly Movement4.7%
Banks Industry Average Movement5.0%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.8%

Stable Share Price: 600016 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 600016's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199663,071Xiaoyong Wangwww.cmbc.com.cn

China Minsheng Banking Corp., Ltd. provides banking products and services for individuals, small and micro-enterprises, corporate customers, government agencies, and financial institutions in the People's Republic of China. The company operates through Corporate Banking, Retail Banking, and Others segments. Its deposit products include saving accounts, deposit books and certificates, contracted deposits, agreement deposits, call deposits, corporate term deposits, and corporate current deposits.

China Minsheng Banking Corp., Ltd. Fundamentals Summary

How do China Minsheng Banking's earnings and revenue compare to its market cap?
600016 fundamental statistics
Market capCN¥166.80b
Earnings (TTM)CN¥28.42b
Revenue (TTM)CN¥89.98b

6.2x

P/E Ratio

0.3x

P/B Ratio

Is 600016 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600016 income statement (TTM)
RevenueCN¥89.98b
Cost of RevenueCN¥0
Gross ProfitCN¥89.98b
Other ExpensesCN¥61.57b
EarningsCN¥28.42b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.65
Gross Margin100.00%
Net Profit Margin31.58%
Debt/Equity Ratio250.8%

How did 600016 perform over the long term?

See historical performance and comparison

Dividends

6.5%

Current Dividend Yield

54%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 02:59
End of Day Share Price 2024/12/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

China Minsheng Banking Corp., Ltd. is covered by 78 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yu Hang AuABCI Securities Company Limited
Meizhi YanBarclays
Dorris ChenBNP Paribas Securities (Asia)