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Last update at 2024-12-19T18:06:00Z
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | 165113.00M | 148173.00M | 122440.00M | 117132.00M | 106497.00M |
Minority interest | -1282.00000M | -912.00000M | 6604.00M | 6406.00M | 3487.00M |
Net income | 138012.00M | 119922.00M | 97342.00M | 92867.00M | 80560.00M |
Selling general administrative | 113375.00M | 109727.00M | 96745.00M | 86541.00M | 77112.00M |
Selling and marketing expenses | - | - | - | - | - |
Gross profit | 342258.00M | 327223.00M | 287601.00M | 267980.00M | 247246.00M |
Reconciled depreciation | 14606.00M | 5412.00M | 12712.00M | 11323.00M | 5831.00M |
Ebit | 298976.00M | 147261.00M | 121823.00M | 116576.00M | 211917.00M |
Ebitda | 313582.00M | 160792.00M | 134535.00M | 127899.00M | 217748.00M |
Depreciation and amortization | 14606.00M | 13531.00M | 12712.00M | 11323.00M | 5831.00M |
Non operating income net other | - | - | - | - | 0.00000M |
Operating income | 298976.00M | 147261.00M | 121823.00M | 116576.00M | 216765.00M |
Other operating expenses | 122061.00M | 116879.00M | 102814.00M | 91497.00M | 81110.00M |
Interest expense | 135145.00M | 123137.00M | 122394.00M | 119904.00M | 110527.00M |
Tax provision | 25819.00M | 27339.00M | 24481.00M | 23709.00M | 25678.00M |
Interest income | 353380.00M | 327056.00M | 307425.00M | 292994.00M | 270911.00M |
Net interest income | 218235.00M | 203919.00M | 185031.00M | 173090.00M | 160384.00M |
Extraordinary items | - | - | - | - | 0.00000M |
Non recurring | - | - | - | - | 0.00000M |
Other items | - | - | - | - | 0.00000M |
Income tax expense | 25819.00M | 27339.00M | 24481.00M | 23709.00M | 25678.00M |
Total revenue | 342258.00M | 327223.00M | 287601.00M | 267980.00M | 247246.00M |
Total operating expenses | 122061.00M | 116879.00M | 102814.00M | 91497.00M | 81110.00M |
Cost of revenue | - | - | - | - | 0.00000M |
Total other income expense net | -133863.00000M | 912.00M | 617.00M | 556.00M | -110268.00000M |
Discontinued operations | - | - | - | - | 0.00000M |
Net income from continuing ops | 139294.00M | 120834.00M | 97959.00M | 93423.00M | 80819.00M |
Net income applicable to common shares | - | 116309.00M | 95691.00M | 91197.00M | 78901.00M |
Preferred stock and other adjustments | - | - | - | - | 0.00000M |
Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
Total assets | 11028483.00M | 10138912.00M | 9249021.00M | 8361448.00M | 7417240.00M |
Intangible assets | 7095.00M | 7968.00M | 8802.00M | 9711.00M | 9713.00M |
Earning assets | - | - | - | - | - |
Other current assets | 1514888.00M | - | 949612.00M | 836565.00M | 727063.00M |
Total liab | 9942754.00M | 429691.00M | 631107.00M | 503900.00M | 758491.00M |
Total stockholder equity | 1021339.00M | 945503.00M | 858745.00M | 723750.00M | 611301.00M |
Deferred long term liab | - | - | 1867.00M | 1813.00M | 1349.00M |
Other current liab | 4614758.00M | - | 85285.00M | 61382.00M | 74771.00M |
Common stock | 25220.00M | 25220.00M | 25220.00M | 25220.00M | 25220.00M |
Capital stock | 52688.00M | 52688.00M | 59285.00M | 59285.00M | 59285.00M |
Retained earnings | 568372.00M | 492971.00M | 428592.00M | 370265.00M | 321610.00M |
Other liab | - | - | 157933.00M | 132939.00M | 71391.00M |
Good will | 9954.00M | 9999.00M | 9954.00M | 9954.00M | 9954.00M |
Other assets | -1073586.00000M | 6233058.00M | 6066918.00M | 5251915.00M | 4492466.00M |
Cash | 1073586.00M | 960911.00M | 846618.00M | 876670.00M | 985536.00M |
Cash and equivalents | - | - | - | - | - |
Total current liabilities | 4897000.00M | 8579918.00M | 7752644.00M | 6878476.00M | 6033841.00M |
Current deferred revenue | 5486.00M | - | - | - | - |
Net debt | 2265337.00M | -531220.00000M | -215511.00000M | -372770.00000M | -227045.00000M |
Short term debt | 255911.00M | - | - | - | 419633.00M |
Short long term debt | - | - | - | - | 419633.00M |
Short long term debt total | 1582837.00M | 429691.00M | 631107.00M | 503900.00M | 758491.00M |
Other stockholder equity | 993871.00M | 399844.00M | 370868.00M | 294200.00M | 230406.00M |
Property plant equipment | - | - | 92688.00M | 82309.00M | 80131.00M |
Total current assets | 1514888.00M | 960911.00M | 846618.00M | 876670.00M | 985536.00M |
Long term investments | 3239243.00M | 2815204.00M | 2224041.00M | 2130889.00M | 433279.00M |
Net tangible assets | - | - | 805924.00M | 670020.00M | 557569.00M |
Short term investments | -1756086.00000M | - | - | - | 158511.00M |
Net receivables | - | - | 321.00M | 340.00M | 314.00M |
Long term debt | - | - | - | - | 683654.00M |
Inventory | - | - | 513.00M | 612.00M | 768.00M |
Accounts payable | 20845.00M | - | 7098332.00M | 6348100.00M | 5398106.00M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | - | - | - | - |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | 266900.00M | - | - | - | - |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | - | - | - | - | - |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | - | - | - | - | - |
Treasury stock | - | - | - | - | - |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 9240849.00M | -2944943.00000M | -2335485.00000M | -2232863.00000M | -1939238.00000M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 9513595.00M | 2944943.00M | 2335485.00M | 2232863.00M | 1939238.00M |
Capital lease obligations | - | - | - | - | - |
Long term debt total | - | - | - | - | - |
Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
Investments | -432684.00000M | -513926.00000M | -64646.00000M | -281142.00000M | -100884.00000M |
Change to liabilities | - | 0.00000M | 0.00000M | 0.00000M | 0.00000M |
Total cashflows from investing activities | - | - | -19697.00000M | -240753.00000M | -70571.00000M |
Net borrowings | - | - | 3266.00M | -16524.00000M | 43942.00M |
Total cash from financing activities | 546707.00M | -297032.00000M | 89359.00M | -211787.00000M | 110450.00M |
Change to operating activities | - | - | 54603.00M | 293797.00M | -114700.00000M |
Net income | 148006.00M | 139294.00M | 120834.00M | 97959.00M | 93423.00M |
Change in cash | 31821.00M | -234556.00000M | 248964.00M | -36885.00000M | 45992.00M |
Begin period cash flow | 567198.00M | 801754.00M | 552790.00M | 589675.00M | 543683.00M |
End period cash flow | 599019.00M | 567198.00M | 801754.00M | 552790.00M | 589675.00M |
Total cash from operating activities | 211554.00M | 570143.00M | 182048.00M | 421328.00M | 4432.00M |
Issuance of capital stock | - | - | - | - | - |
Depreciation | 15439.00M | 14606.00M | 13531.00M | 12712.00M | 11323.00M |
Other cashflows from investing activities | - | - | 71197.00M | 58038.00M | 49221.00M |
Dividends paid | 44828.00M | 56503.00M | 47083.00M | 51811.00M | 43010.00M |
Change to inventory | - | - | - | - | - |
Change to account receivables | -558149.00000M | - | - | - | - |
Sale purchase of stock | - | -7196.00000M | - | - | - |
Other cashflows from financing activities | 613222.00M | 106810.00M | 439588.00M | 328322.00M | 557979.00M |
Change to netincome | - | - | -6982.00000M | 16694.00M | 14459.00M |
Capital expenditures | 30161.00M | 34892.00M | 24160.00M | 19125.00M | 23964.00M |
Change receivables | - | - | - | - | - |
Cash flows other operating | - | - | - | - | - |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | - | - | - | - | - |
Change in working capital | 253745.00M | 446852.00M | 54603.00M | 293797.00M | -114700.00000M |
Stock based compensation | -18.12100M | -41.06600M | 17.31M | 30.29M | 54.39M |
Other non cash items | -205654.12100M | -30609.00000M | -6920.00000M | 16860.00M | 14386.00M |
Free cash flow | 181393.00M | 535251.00M | 157888.00M | 402203.00M | -19532.00000M |
Sector: Financial Services Industry: Banks - Regional
Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) |
---|---|---|---|---|---|---|---|
CIHKY China Merchants Bank Co Ltd |
0.43 1.78% | 24.52 | 6.61 | 5.68 | 0.48 | 0.77 | 3.43 |
HDB HDFC Bank Limited ADR |
0.03 0.05% | 64.42 | 20.81 | 20.96 | 0.11 | 4.77 | |
CIHHF China Merchants Bank Co Ltd Class H |
- -% | 4.70 | 6.10 | 5.67 | 0.44 | 0.77 | 3.43 |
IBN ICICI Bank Limited |
0.06 0.20% | 30.17 | 17.79 | 16.95 | 0.07 | 3.08 | |
BNPQY BNP Paribas SA ADR |
0.01 0.03% | 30.01 | 8.57 | 6.56 | 1.75 | 0.57 |
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. Its loan products include personal commercial real estate, consumption, housing, and car loans; loans to finance for studying abroad; micro-business loans; mortgage loans for equipment; joint guarantee, special guarantee, and housing mortgage loan; bank acceptance, discount, liquid capital, and fixed asset loans; and loans for vessels. The company also offers credit cards; insurance products; open-ended funds; discount and guarantees for commercial bills, redemption of commercial bills, and guaranteed discount for commercial acceptance bills; and financial consultation, debt financing underwriting, merger and acquisition financing, and equity financing and enterprise listing services. In addition, it provides forfeiting and risk participation, escrow, cross-border RMB clearing, and interbank services; and risk and financial management, cross-border RMB and oversea financing, international factoring and settlement, and trade finance services. Further, the company offers financial leasing and guarantee, investment and wealth management, forex option and gold trading, forex express trading, international, offshore and private banking, custody, pension, and electronic banking services. The company also operates in Hong Kong, New York, London, Singapore, Luxembourg, Sydney, and Taipei. China Merchants Bank Co., Ltd. was founded in 1987 and is headquartered in Shenzhen, China.
China Merchants Bank Tower, Shenzhen, China, 518040
Name | Title | Year Born |
---|---|---|
Mr. Liang Wang | Pres, Sec. of the Board, CFO, Joint Company Sec. & Exec. Director | 1965 |
Mr. Shunhua Shi | Exec. VP & GM of Shanghai Branch | 1962 |
Mr. Jianzhong Wang | Exec. VP | 1962 |
Mr. Wang Yungui | Exec. VP | 1963 |
Mr. Delin Li | Exec. VP | 1974 |
Ms. Hui Liu | Exec. Assistant Pres | 1970 |
Mr. Jiangtao Zhu Msc | Chief Risk Officer & Exec. VP | 1972 |
Mr. Desheng Zhong | Exec. Assistant Pres | 1967 |
Mr. Xiaoqing Wang | Exec. Assistant Pres | 1971 |
Cheng Ting Nan CPA, FCCA | Qualified Accountant | NA |
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