1988 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
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
My Notes
Capture your thoughts, links and company narrative
China Minsheng Banking Corp., Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥3.19 |
| 52 Week High | CN¥3.71 |
| 52 Week Low | CN¥2.43 |
| Beta | 0.31 |
| 1 Month Change | 3.57% |
| 3 Month Change | 14.75% |
| 1 Year Change | 24.61% |
| 3 Year Change | 7.41% |
| 5 Year Change | -45.19% |
| Change since IPO | -37.36% |
Recent News & Updates
Recent updates
Shareholder Returns
| 1988 | HK Banks | HK Market | |
|---|---|---|---|
| 7D | 3.6% | -0.4% | -1.9% |
| 1Y | 24.6% | 32.2% | 18.4% |
Return vs Industry: 1988 underperformed the Hong Kong Banks industry which returned 32.2% over the past year.
Return vs Market: 1988 exceeded the Hong Kong Market which returned 18.4% over the past year.
Price Volatility
| 1988 volatility | |
|---|---|
| 1988 Average Weekly Movement | 5.6% |
| Banks Industry Average Movement | 5.5% |
| Market Average Movement | 8.9% |
| 10% most volatile stocks in HK Market | 18.8% |
| 10% least volatile stocks in HK Market | 4.1% |
Stable Share Price: 1988 has not had significant price volatility in the past 3 months compared to the Hong Kong market.
Volatility Over Time: 1988's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1996 | 63,071 | Xiaoyong Wang | www.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
| 1988 fundamental statistics | |
|---|---|
| Market cap | HK$177.92b |
| Earnings (TTM) | HK$30.31b |
| Revenue (TTM) | HK$95.97b |
6.3x
P/E Ratio0.3x
P/B RatioIs 1988 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 1988 income statement (TTM) | |
|---|---|
| Revenue | CN¥89.98b |
| Cost of Revenue | CN¥0 |
| Gross Profit | CN¥89.98b |
| Other Expenses | CN¥61.57b |
| Earnings | CN¥28.42b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.65 |
| Gross Margin | 100.00% |
| Net Profit Margin | 31.58% |
| Debt/Equity Ratio | 250.8% |
How did 1988 perform over the long term?
See historical performance and comparisonDividends
6.4%
Current Dividend Yield54%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 11:05 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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.
| Analyst | Institution |
|---|---|
| Yu Hang Au | ABCI Securities Company Limited |
| Meizhi Yan | Barclays |
| Dorris Chen | BNP Paribas Securities (Asia) |