China Merchants Bank Co Ltd ADR CIHKY

Morningstar Rating
$32.79 −0.62 (1.86%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

CIHKY is trading at a LOCK|r#> premium.
Price
$32.79
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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Trading Information

Previous Close Price
$33.41
Day Range
$32.06–33.58
52-Week Range
$27.26–34.88
Bid/Ask
$24.53 / $34.84
Shares Outstanding
5.04B
Market Cap
$165.39B
Volume/Avg
17,679 / 22,272

Key Statistics

Price/Earnings (Normalized)
7.93
Price/Sales
3.55
Dividend Yield (Trailing)
4.42%
Dividend Yield (Forward)
4.42%
Dividend Payment Schedule
Feb, Sep
Total Yield
4.42%

Company Profile

China Merchants Bank was founded in 1987 and is headquartered in Shenzhen. The bank is China's seventh-largest listed bank by assets, with the largest distribution network among China's joint-stock banks. CMB's network has been expanding rapidly. Its outlets are located mainly in China's more developed areas, including the Pearl River and Yangtze River deltas. The firm has 18% and 82% of its shares listed on the Hong Kong and Shanghai exchanges, respectively. It has no foreign strategic investors. China Merchants Group is its largest shareholder, with a 30% stake. Retail banking, corporate banking, and wholesale banking accounted for 49%, 51%, and 0% of total profit before tax, respectively, and 40%, 58%, and 2% of total revenue in 2024.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Large Value
Total Number of Employees
121,585

Competitors

Valuation

Metric
CIHKY
601939
601398
Price/Earnings (Normalized)
7.938.748.43
Price/Book Value
0.980.830.75
Price/Sales
3.553.753.53
Price/Cash Flow
12.8515.5217.38
Price/Earnings
CIHKY
601939
601398

Financial Strength

Metric
CIHKY
601939
601398
Quick Ratio
———
Current Ratio
———
Interest Coverage
———
Quick Ratio
No chart available

Profitability

Metric
CIHKY
601939
601398
Return on Assets (Normalized)
1.15%0.74%0.70%
Return on Equity (Normalized)
13.77%9.80%9.84%
Return on Invested Capital (Normalized)
———
Return on Assets
CIHKY
601939
601398

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