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 |
China Minsheng Banking Corp., Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥2.93 |
| 52 Week High | CN¥3.71 |
| 52 Week Low | CN¥2.43 |
| Beta | 0.33 |
| 11 Month Change | -7.57% |
| 3 Month Change | 6.55% |
| 1 Year Change | 13.13% |
| 33 Year Change | -8.15% |
| 5 Year Change | -46.53% |
| Change since IPO | -42.47% |
Recent News & Updates
Recent updates
Shareholder Returns
| 1988 | HK Banks | HK Market | |
|---|---|---|---|
| 7D | -4.2% | -4.7% | -5.3% |
| 1Y | 13.1% | 25.4% | 11.3% |
Return vs Industry: 1988 underperformed the Hong Kong Banks industry which returned 25.4% over the past year.
Return vs Market: 1988 exceeded the Hong Kong Market which returned 11.3% over the past year.
Price Volatility
| 1988 volatility | |
|---|---|
| 1988 Average Weekly Movement | 5.4% |
| Banks Industry Average Movement | 6.0% |
| Market Average Movement | 9.0% |
| 10% most volatile stocks in HK Market | 19.0% |
| 10% least volatile stocks in HK Market | 4.2% |
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 (5%) 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$168.29b |
| Earnings (TTM) | HK$30.60b |
| Revenue (TTM) | HK$96.90b |
5.8x
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
6.9%
Current Dividend Yield54%
Payout RatioDoes 1988 pay a reliable dividends?
See 1988 dividend history and benchmarks| China Minsheng Banking dividend dates | |
|---|---|
| Ex Dividend Date | Oct 29 2024 |
| Dividend Pay Date | Dec 03 2024 |
| Days until Ex dividend | 19 days |
| Days until Dividend pay date | 16 days |
Does 1988 pay a reliable dividends?
See 1988 dividend history and benchmarks