Company Overview

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. As of December 31, 2021, it operated 143 branches; 1,770 sub-branches; one branch-level operation center; 2,812 self-service centers; 6,592 self-service machines; one representative office; 14,746 visual counters in Mainland China. 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.

  • Name

    China Merchants Bank Co., Ltd.

  • CEO

    Mr. Liang Wang

  • Website

    www.cmbchina.com

  • Sector

    Banks

  • Year Founded

    1987

Profile

  • Market Cap

    CN¥767.37B

  • EV

  • Shares Out

    25.22B

  • Revenue

    CN¥296.46B

  • Employees

    115,407

Margins

  • Gross

  • EBITDA

  • Operating

  • Pre-Tax

    59.16%

  • Net

    49.11%

  • FCF

    -94.94%

Returns (5Yr Avg)

  • ROA

    1.33%

  • ROTA

    15.12%

  • ROE

    14.98%

  • ROCE

  • ROIC

    1.57%

Valuation (TTM)

  • P/E

  • P/B

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

    CN¥40.48

  • P/E

  • PEG

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

  • Net Debt

    -CN¥37.44B

  • Debt/Equity

  • EBIT/Interest

Growth (CAGR)

  • Rev 3Yr

    6.63%

  • Rev 5Yr

    8.36%

  • Rev 10Yr

  • Dil EPS 3Yr

    10.17%

  • Dil EPS 5Yr

    10.73%

  • Dil EPS 10Yr

    9.29%

  • Rev Fwd 2Yr

    1.61%

  • EBITDA Fwd 2Yr

    16.06%

  • EPS Fwd 2Yr

    3.8%

  • EPS LT Growth Est

    2.75%

Dividends

  • Yield

  • Payout

    35.26%

  • DPS

    CN¥1.97

  • DPS Growth 3Yr

    16.32%

  • DPS Growth 5Yr

    15.97%

  • DPS Growth 10Yr

    12.27%

  • DPS Growth Fwd 2Yr

    3.44%

SHSE:600036