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Industrial Bank Co., Ltd.SHSE:601166 Stock Report

Market Cap CN¥373.9b
Share Price
CN¥17.67
CN¥24.53
28.0% undervalued intrinsic discount
1Y-22.2%
7D-0.3%
Portfolio Value
View

Industrial Bank Co., Ltd.

SHSE:601166 Stock Report

Market Cap: CN¥373.9b

Industrial Bank (601166) Stock Overview

Provides banking products and services in the People’s Republic of China. More details

601166 fundamental analysis
Snowflake Score
Valuation6/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends5/6

601166 Community Fair Values

Create Narrative

See what 9 others think this stock is worth. Follow their fair value or set your own to get alerts.

Industrial Bank Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Industrial Bank
Historical stock prices
Current Share PriceCN¥17.67
52 Week HighCN¥25.45
52 Week LowCN¥17.58
Beta0.31
1 Month Change-5.51%
3 Month Change-4.43%
1 Year Change-22.16%
3 Year Change3.70%
5 Year Change-17.47%
Change since IPO115.10%

Recent News & Updates

Narrative Update May 03

601166: Revised Assumptions Will Support Fairly Balanced Outlook Going Forward

Analysts have trimmed their price target on Industrial Bank by roughly CN¥0.14 to reflect updated assumptions for fair value, discount rate, revenue growth, profit margin, and a slightly lower future P/E, while still seeing the overall valuation as supported by these revised inputs. Valuation Changes Fair Value, trimmed slightly from CN¥18.03 to CN¥17.89 per share.
Narrative Update Apr 19

601166: Higher Revenue Outlook And Margins Will Support Future Upside

Analysts have raised their price target for Industrial Bank to CN¥30.5, citing updated assumptions for higher revenue growth, stronger profit margins, and a lower expected future P/E multiple. Valuation Changes Fair Value: CN¥30.5 is unchanged based on the updated assumptions.
Narrative Update Apr 05

601166: Stronger Margins And Lower P/E Will Support Further Upside

Analysts have trimmed their price target for Industrial Bank to CN¥24.53 from CN¥24.94, citing updated assumptions for higher revenue growth, a stronger profit margin outlook and a lower forward P/E multiple. Valuation Changes Fair Value: Trimmed slightly from CN¥24.94 to CN¥24.53, reflecting updated inputs to the model.

Recent updates

Narrative Update May 03

601166: Revised Assumptions Will Support Fairly Balanced Outlook Going Forward

Analysts have trimmed their price target on Industrial Bank by roughly CN¥0.14 to reflect updated assumptions for fair value, discount rate, revenue growth, profit margin, and a slightly lower future P/E, while still seeing the overall valuation as supported by these revised inputs. Valuation Changes Fair Value, trimmed slightly from CN¥18.03 to CN¥17.89 per share.
Narrative Update Apr 19

601166: Higher Revenue Outlook And Margins Will Support Future Upside

Analysts have raised their price target for Industrial Bank to CN¥30.5, citing updated assumptions for higher revenue growth, stronger profit margins, and a lower expected future P/E multiple. Valuation Changes Fair Value: CN¥30.5 is unchanged based on the updated assumptions.
Narrative Update Apr 05

601166: Stronger Margins And Lower P/E Will Support Further Upside

Analysts have trimmed their price target for Industrial Bank to CN¥24.53 from CN¥24.94, citing updated assumptions for higher revenue growth, a stronger profit margin outlook and a lower forward P/E multiple. Valuation Changes Fair Value: Trimmed slightly from CN¥24.94 to CN¥24.53, reflecting updated inputs to the model.
Narrative Update Mar 22

601166: Special Meeting Will Support Future Upside At Current Discount Rate

Analysts have adjusted their price target for Industrial Bank to CN¥30.50, reflecting updated views on its discount rate, revenue growth outlook, profit margins, and forward P/E assumptions. What's in the News Industrial Bank has scheduled a Special and Extraordinary Shareholders Meeting for January 20, 2026, starting at 09:30 China Standard Time, which signals upcoming resolutions that matter for you as a shareholder or potential investor (Key Developments).
Narrative Update Mar 07

601166: Shareholder Meeting Will Support Upside As Fair Value Remains Attractive

Analysts have slightly lowered their price target for Industrial Bank to CN¥24.94. This reflects small adjustments to fair value estimates, discount rate assumptions, and projected P/E levels.
Narrative Update Feb 21

601166: Higher Required Return And January Meeting Will Shape Fairly Balanced Outlook

Analysts have nudged their price target for Industrial Bank slightly higher to CN¥18.03 from CN¥17.95, citing updated assumptions around discount rates, revenue growth, profit margins and forward P/E multiples. What's in the News Industrial Bank has scheduled a Special or Extraordinary Shareholders Meeting for January 20, 2026, at 09:30 China Standard Time.
Narrative Update Feb 07

601166: Higher Discount Rate Will Support Upside Into Extraordinary Shareholder Meeting

Analysts have trimmed their price target for Industrial Bank to US$25.02 from US$25.32, citing updated assumptions that include a higher discount rate, more moderate revenue growth, a slightly lower profit margin and a higher future P/E multiple. What's in the News Industrial Bank has scheduled a Special/Extraordinary Shareholders Meeting for January 20, 2026, at 09:30 China Standard Time.
Narrative Update Jan 24

601166: Special Meeting And Higher Multiple Will Support Future Upside

Analysts have maintained their fair value estimate for Industrial Bank at $30.50. They have adjusted assumptions on the discount rate, revenue growth, profit margin and future P/E, which together shape the updated price target narrative.
Narrative Update Jan 09

601166: Higher Required Return And January Meeting Will Likely Pressure Shares

Analysts have modestly adjusted their price target on Industrial Bank, citing updated assumptions around revenue growth at 17.65%, profit margin at 31.32% and a future P/E of 7.23x as key inputs to their revised valuation of about $17.95 per share. What's in the News Industrial Bank has scheduled a Special or Extraordinary Shareholders Meeting for January 20, 2026, at 09:30 China Standard Time.
Narrative Update Dec 26

601166: Higher Required Return Will Likely Pressure Shares Going Forward

Analysts have modestly lowered their price target on Industrial Bank by approximately 5 percent to reflect a higher required discount rate, slightly softer profit margin expectations, and a richer forward price earnings multiple, despite a marginally stronger revenue growth outlook. Valuation Changes Fair Value: reduced modestly from CN¥18.89 to CN¥17.95, reflecting a slightly lower intrinsic valuation.
Narrative Update Dec 12

601166: Higher Required Return Is Expected To Unlock Upside Potential

Analysts have raised their price target on Industrial Bank to $30.50 from $30.50, effectively reiterating their prior valuation as they balance a higher assumed discount rate and slightly softer long term growth and margin expectations against a richer future earnings multiple. Valuation Changes Fair Value: unchanged at CN¥30.50, indicating no net revision to the intrinsic value estimate.
Narrative Update Sep 18

Digital Initiatives And Regulatory Reforms Will Redefine Banking

Industrial Bank’s consensus price target saw only a marginal decrease as a slight drop in its future P/E ratio was offset by a nearly unchanged discount rate, resulting in a minimal fair value revision from CN¥25.74 to CN¥25.32. What's in the News Industrial Bank to hold a special/extraordinary shareholders meeting on Sep 17, 2025, at its meeting room in Fuzhou, Fujian, China.
Narrative Update Aug 27

Digital Initiatives And Regulatory Reforms Will Redefine Banking

The consensus analyst price target for Industrial Bank increased marginally, as both the discount rate and future P/E remained essentially unchanged, resulting in a slight upward revision of fair value from CN¥24.56 to CN¥25.08. Valuation Changes Summary of Valuation Changes for Industrial Bank The Consensus Analyst Price Target has risen slightly from CN¥24.56 to CN¥25.08.
User avatar
New Narrative Mar 30

Digital Initiatives And Regulatory Reforms Will Redefine Banking

Alignment with financial reforms and tech finance could enhance revenue and earnings through capital market involvement.

Shareholder Returns

601166CN BanksCN Market
7D-0.3%-1.0%-0.8%
1Y-22.2%-8.6%34.2%

Return vs Industry: 601166 underperformed the CN Banks industry which returned -9.1% over the past year.

Return vs Market: 601166 underperformed the CN Market which returned 35.6% over the past year.

Price Volatility

Is 601166's price volatile compared to industry and market?
601166 volatility
601166 Average Weekly Movement2.0%
Banks Industry Average Movement2.7%
Market Average Movement6.4%
10% most volatile stocks in CN Market10.0%
10% least volatile stocks in CN Market4.2%

Stable Share Price: 601166 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 601166's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198868,963Xinjian Chenwww.cib.com.cn

Industrial Bank Co., Ltd. provides banking products and services in the People’s Republic of China. The company’s banking services include accepting deposits from the public; granting short-term, medium-term, and long-term loans; domestic and overseas settlement services; issuance of discount and acceptance bills and notes, as well as financial bonds; agency issuance and encashment, and underwriting of government bonds and debentures; trading of government and financial bonds and debentures; agency trading and trading of marketable securities except stock; asset custody business; settlement and sale of foreign exchanges; and inter-bank lending and borrowings. It also provides bank cards; letters of credit and guarantees; remittance and insurance agent services; safety deposit box and financial advisory services; and credit investigation, advisory, and attestation services.

Industrial Bank Co., Ltd. Fundamentals Summary

How do Industrial Bank's earnings and revenue compare to its market cap?
601166 fundamental statistics
Market capCN¥373.95b
Earnings (TTM)CN¥72.77b
Revenue (TTM)CN¥154.01b
5.1x
P/E Ratio
0.4x
P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
601166 income statement (TTM)
RevenueCN¥154.01b
Cost of RevenueCN¥0
Gross ProfitCN¥154.01b
Other ExpensesCN¥81.24b
EarningsCN¥72.77b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)3.44
Gross Margin100.00%
Net Profit Margin47.25%
Debt/Equity Ratio173.7%

How did 601166 perform over the long term?

See historical performance and comparison

Dividends

5.7%
Current Dividend Yield
31%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/15 14:42
End of Day Share Price 2026/05/15 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

Industrial Bank Co., Ltd. is covered by 29 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Emma XuBofA Global Research
Yung ChenCCB International Securities Limited
Ziyu WangChina International Capital Corporation Limited