company background image
601939 logo

China Construction Bank XSSC:601939 Stock Report

Last Price

CN¥8.77

Market Cap

CN¥1.5t

7D

3.4%

1Y

34.7%

Updated

27 Dec, 2024

Data

Company Financials +

China Construction Bank Corporation

XSSC:601939 Stock Report

Market Cap: CN¥1.5t

601939 Stock Overview

Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally. More details

601939 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance3/6
Financial Health6/6
Dividends6/6

Rewards

Trading at 66.8% below our estimate of its fair value

Earnings are forecast to grow 4.1% per year

Pays a high and reliable dividend of 6.48%

Trading at good value compared to peers and industry

Risk Analysis

No risks detected for 601939 from our risk checks.

My Notes

Capture your thoughts, links and company narrative

China Construction Bank Corporation Competitors

China Merchants Bank

SHSE:600036

CN¥982.6b

Industrial Bank

SHSE:601166

CN¥402.0b

Shanghai Pudong Development Bank

SHSE:600000

CN¥304.1b

Ping An Bank

SZSE:000001

CN¥229.6b

Price History & Performance

Summary of share price highs, lows and changes for China Construction Bank
Historical stock prices
Current Share PriceHK$8.77
52 Week HighHK$9.02
52 Week LowHK$6.35
Beta0.31
1 Month Change8.81%
3 Month Change14.64%
1 Year Change34.72%
3 Year Change49.66%
5 Year Change19.97%
Change since IPO104.43%

Recent News & Updates

Recent updates

Shareholder Returns

601939CN BanksCN Market
7D3.4%3.7%-0.6%
1Y34.7%34.3%8.3%

Return vs Industry: 601939 matched the CN Banks industry which returned 35.4% over the past year.

Return vs Market: 601939 exceeded the CN Market which returned 9.2% over the past year.

Price Volatility

Is 601939's price volatile compared to industry and market?
601939 volatility
601939 Average Weekly Movement3.2%
Banks Industry Average Movement4.6%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.9%
10% least volatile stocks in CN Market5.6%

Stable Share Price: 601939 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 601939's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1954372,081Yi Zhangwww.ccb.com

China Construction Bank Corporation engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally. It operates through Corporate Finance Business, Personal Finance Business, Treasury and Asset Management Business, and Others segments. The company accepts various deposits, such as foreign currency and RMB deposits, as well as all in one accounts; and corporate term, notification, and demand deposits, as well as corporate deposits by agreement.

China Construction Bank Corporation Fundamentals Summary

How do China Construction Bank's earnings and revenue compare to its market cap?
601939 fundamental statistics
Market capCN¥1.55t
Earnings (TTM)CN¥327.86b
Revenue (TTM)CN¥618.93b

4.6x

P/E Ratio

0.5x

P/B Ratio

Is 601939 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
601939 income statement (TTM)
RevenueCN¥618.93b
Cost of RevenueCN¥0
Gross ProfitCN¥618.93b
Other ExpensesCN¥291.07b
EarningsCN¥327.87b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Mar 29, 2025

Earnings per share (EPS)1.31
Gross Margin100.00%
Net Profit Margin52.97%
Debt/Equity Ratio119.8%

How did 601939 perform over the long term?

See historical performance and comparison

Dividends

6.5%

Current Dividend Yield

46%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 05:08
End of Day Share Price 2024/12/27 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 Construction Bank Corporation is covered by 76 analysts. 15 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)