1988 Stock Overview
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.
Snowflake Score | |
---|---|
Valuation | 2/6 |
Future Growth | 2/6 |
Past Performance | 2/6 |
Financial Health | 6/6 |
Dividends | 4/6 |
China Minsheng Banking Corp., Ltd. Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | CN¥2.75 |
52 Week High | CN¥3.52 |
52 Week Low | CN¥2.43 |
Beta | 0.30 |
1 Month Change | 0.37% |
3 Month Change | 9.56% |
1 Year Change | -2.83% |
3 Year Change | -37.50% |
5 Year Change | -54.09% |
Change since IPO | -46.00% |
Recent News & Updates
Recent updates
Shareholder Returns
1988 | HK Banks | HK Market | |
---|---|---|---|
7D | -1.4% | -1.2% | -1.9% |
1Y | -2.8% | -5.7% | -16.4% |
Return vs Industry: 1988 exceeded the Hong Kong Banks industry which returned -5.7% over the past year.
Return vs Market: 1988 exceeded the Hong Kong Market which returned -16.4% over the past year.
Price Volatility
1988 volatility | |
---|---|
1988 Average Weekly Movement | 3.0% |
Banks Industry Average Movement | 3.3% |
Market Average Movement | 7.4% |
10% most volatile stocks in HK Market | 14.8% |
10% least volatile stocks in HK Market | 3.8% |
Stable Share Price: 1988 has not had significant price volatility in the past 3 months.
Volatility Over Time: 1988's weekly volatility (3%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1996 | 63,742 | 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$177.51b |
Earnings (TTM) | HK$34.09b |
Revenue (TTM) | HK$102.00b |
5.6x
P/E Ratio0.3x
P/B RatioIs 1988 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
1988 income statement (TTM) | |
---|---|
Revenue | CN¥94.28b |
Cost of Revenue | CN¥0 |
Gross Profit | CN¥94.28b |
Other Expenses | CN¥62.77b |
Earnings | CN¥31.51b |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
Apr 29, 2024
Earnings per share (EPS) | 0.72 |
Gross Margin | 100.00% |
Net Profit Margin | 33.42% |
Debt/Equity Ratio | 209.8% |
How did 1988 perform over the long term?
See historical performance and comparison