Industrial And Commercial Bank Of China Ltd Class H 01398

Morningstar Rating
HK$7.46 −0.26 (3.31%)
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Company Report

Price vs Fair Value

01398 is trading at a LOCK|JG%<vd premium.
Price
HK$7.45
Fair Value
>.f
Uncertainty
LOCK|GVt%
1-Star Price
LOCK|.R%P
5-Star Price
LOCK|ynw
Economic Moat
LOCK|bFSj
Capital Allocation
LOCK|M@ghJq$

Bulls Say, Bears Say

Bulls

ICBC's interbank liabilities accounted for less than 10% of total funding, some of the lowest among peers.

Bears

Along with other banks, ICBC faces mounting downward pressure in net interest margin due to credit-easing policies to boost the sluggish economy.

News

Trading Information

Previous Close Price
HK$7.71
Day Range
HK$7.43–7.63
52-Week Range
HK$5.56–7.77
Bid/Ask
HK$7.46 / HK$7.51
Shares Outstanding
356.41B
Market Cap
HK$2.66T
Volume/Avg
191M / 163M

Key Statistics

Price/Earnings (Normalized)
7.11
Price/Sales
2.93
Dividend Yield (Trailing)
4.70%
Dividend Yield (Forward)
4.70%
Dividend Payment Schedule
Jan, Jun
Total Yield
4.70%

Company Profile

Industrial and Commercial Bank of China was founded in 1984 and is headquartered in Beijing. The bank listed its shares in mainland China and Hong Kong in 2006. It is China's largest by asset scale and by share of lending and deposits. Central Huijin Investment (China's sovereign wealth fund manager) and China's Ministry of Finance are ICBC's two largest shareholders, each with a stake of around 35%. ICBC operates over 15,000 outlets. Of these, 413 outlets are in 49 countries and regions overseas. Corporate banking, retail banking, and wholesale banking accounted for 49%, 39%, and 11% of total revenue, respectively, and 49%, 33%, and 17% of profit before tax in 2025. Overseas banking and other business contributed 14% of total revenue and 9% of profit before tax in 2025.
Sector
Financial Services
Industry
Banks - Diversified
Stock Style Box
Large Value
Total Number of Employees
409,758

Competitors

Valuation

Metric
01398
600036
601288
Price/Earnings (Normalized)
7.117.148.53
Price/Book Value
0.600.910.85
Price/Sales
2.933.193.35
Price/Cash Flow
14.4311.5521.36
Price/Earnings
01398
600036
601288

Financial Strength

Metric
01398
600036
601288
Quick Ratio
———
Current Ratio
———
Interest Coverage
———
Quick Ratio
No chart available

Profitability

Metric
01398
600036
601288
Return on Assets (Normalized)
0.70%1.15%0.63%
Return on Equity (Normalized)
9.84%13.77%11.12%
Return on Invested Capital (Normalized)
———
Return on Assets
01398
600036
601288

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