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China Minsheng Banking SHSC:1988 Stock Report

Last Price

HK$2.71

Market Cap

HK$178.4b

7D

-1.1%

1Y

0.4%

Updated

28 Mar, 2024

Data

Company Financials +

China Minsheng Banking Corp., Ltd.

SHSC:1988 Stock Report

Market Cap: HK$178.4b

1988 Stock Overview

China Minsheng Banking Corp., Ltd. provides various financial products and services to individuals, small and micro-enterprises, corporate customers, government agencies, and financial institutions in the People's Republic of China.

1988 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance4/6
Financial Health6/6
Dividends4/6

China Minsheng Banking Corp., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for China Minsheng Banking
Historical stock prices
Current Share PriceCN¥2.71
52 Week HighCN¥3.52
52 Week LowCN¥2.43
Beta0.30
1 Month Change-2.52%
3 Month Change2.26%
1 Year Change0.37%
3 Year Change-38.83%
5 Year Change-55.06%
Change since IPO-58.73%

Recent News & Updates

Recent updates

Shareholder Returns

1988HK BanksHK Market
7D-1.1%1.6%-0.6%
1Y0.4%-2.6%-14.0%

Return vs Industry: 1988 exceeded the Hong Kong Banks industry which returned -2.6% over the past year.

Return vs Market: 1988 exceeded the Hong Kong Market which returned -14% over the past year.

Price Volatility

Is 1988's price volatile compared to industry and market?
1988 volatility
1988 Average Weekly Movement3.2%
Banks Industry Average Movement3.3%
Market Average Movement7.3%
10% most volatile stocks in HK Market14.6%
10% least volatile stocks in HK Market3.7%

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

FoundedEmployeesCEOWebsite
199661,973Xiaoyong Wanghttps://www.cmbc.com.cn

China Minsheng Banking Corp., Ltd. provides various financial products and services to 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 certificates, contracted deposits, agreement deposits, call deposits, corporate term deposits, and corporate current deposits.

China Minsheng Banking Corp., Ltd. Fundamentals Summary

How do China Minsheng Banking's earnings and revenue compare to its market cap?
1988 fundamental statistics
Market capHK$178.40b
Earnings (TTM)HK$33.52b
Revenue (TTM)HK$101.39b

5.7x

P/E Ratio

0.3x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1988 income statement (TTM)
RevenueCN¥93.67b
Cost of RevenueCN¥0
Gross ProfitCN¥93.67b
Other ExpensesCN¥62.70b
EarningsCN¥30.96b

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

Mar 29, 2024

Earnings per share (EPS)0.71
Gross Margin100.00%
Net Profit Margin33.06%
Debt/Equity Ratio190.0%

How did 1988 perform over the long term?

See historical performance and comparison

Dividends

5.3%

Current Dividend Yield

30%

Payout Ratio
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