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China Merchants Bank SHSC:3968 Stock Report

Last Price

HK$39.70

Market Cap

HK$1.0t

7D

3.1%

1Y

46.2%

Updated

26 Dec, 2024

Data

Company Financials +

China Merchants Bank Co., Ltd.

SHSC:3968 Stock Report

Market Cap: HK$1.0t

3968 Stock Overview

Provides various banking products and services. More details

3968 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance4/6
Financial Health6/6
Dividends5/6

Rewards

Trading at 58% below our estimate of its fair value

Earnings are forecast to grow 6.43% per year

Earnings grew by 2.6% over the past year

Pays a reliable dividend of 4.99%

Risk Analysis

No risks detected for 3968 from our risk checks.

My Notes

Capture your thoughts, links and company narrative

China Merchants Bank Co., Ltd. Competitors

Bank of China

SEHK:3988

HK$1.6t

China Construction Bank

SEHK:939

HK$1.7t

Postal Savings Bank of China

SEHK:1658

HK$570.4b

Agricultural Bank of China

SEHK:1288

HK$1.9t

Price History & Performance

Summary of share price highs, lows and changes for China Merchants Bank
Historical stock prices
Current Share PriceCN¥39.70
52 Week HighCN¥47.35
52 Week LowCN¥24.70
Beta0.90
1 Month Change15.07%
3 Month Change3.93%
1 Year Change46.22%
3 Year Change-34.38%
5 Year Change-3.76%
Change since IPO167.52%

Recent News & Updates

Recent updates

Shareholder Returns

3968HK BanksHK Market
7D3.1%4.2%1.5%
1Y46.2%35.7%20.6%

Return vs Industry: 3968 exceeded the Hong Kong Banks industry which returned 35.7% over the past year.

Return vs Market: 3968 exceeded the Hong Kong Market which returned 20.6% over the past year.

Price Volatility

Is 3968's price volatile compared to industry and market?
3968 volatility
3968 Average Weekly Movement7.6%
Banks Industry Average Movement5.5%
Market Average Movement8.8%
10% most volatile stocks in HK Market18.6%
10% least volatile stocks in HK Market4.0%

Stable Share Price: 3968 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 3968's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1987115,407Liang Wangwww.cmbchina.com

China Merchants Bank Co., Ltd., together with its subsidiaries, provides various banking products and services. It operates through Wholesale Finance Business, Retail Finance Business, and Other Business segments. The company offers current, demand, time, call, savings, notice, and renminbi accounts.

China Merchants Bank Co., Ltd. Fundamentals Summary

How do China Merchants Bank's earnings and revenue compare to its market cap?
3968 fundamental statistics
Market capHK$1.05t
Earnings (TTM)HK$150.42b
Revenue (TTM)HK$312.63b

7.0x

P/E Ratio

0.9x

P/B Ratio

Is 3968 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
3968 income statement (TTM)
RevenueCN¥293.75b
Cost of RevenueCN¥0
Gross ProfitCN¥293.75b
Other ExpensesCN¥152.41b
EarningsCN¥141.34b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)5.60
Gross Margin100.00%
Net Profit Margin48.12%
Debt/Equity Ratio69.0%

How did 3968 perform over the long term?

See historical performance and comparison

Dividends

5.0%

Current Dividend Yield

35%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 23:30
End of Day Share Price 2024/12/24 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 Merchants Bank Co., Ltd. is covered by 83 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.

AnalystInstitution
Yu Hang AuABCI Securities Company Limited
Yi GuoAvic Securities Co., Ltd
Meizhi YanBarclays