China Merchants Bank Co., Ltd.

$ 37.26 -2.54 %

China Merchants Bank Co., Ltd., along with its affiliated entities, delivers a comprehensive array of banking solutions and financial services. Its operations are organized into three primary divisions: Wholesale Finance, Retail Finance, and Other Business activities. The institution offers diverse account types, including checking, savings, term deposits, and notice accounts, available in Renminbi. Its lending portfolio encompasses a wide range of credit facilities, from personal loans such as those for home purchases, vehicle financing, education abroad, and small businesses, to corporate credit including working capital, fixed asset, and vessel loans, as well as various guarantee-backed financing options. Beyond traditional banking, China Merchants Bank provides credit card products, insurance offerings, and open-ended investment funds. It facilitates commercial transactions through bill discounting, guarantees, and redemption services. The bank also extends advisory services covering financial consultation, underwriting for debt financing, merger and acquisition funding, and support for equity financing and company listings. Furthermore, its extensive service suite includes international trade and treasury solutions like forfeiting, risk sharing, escrow, cross-border RMB clearing, interbank dealings, international factoring, and trade finance. Customers can also access specialized financial tools such as foreign exchange options, gold and forex express trading, financial leasing, guarantees, investment and wealth management, alongside bespoke international, offshore, and private banking services, custody, pension schemes, and modern electronic banking platforms. As of December 31, 2021, the bank maintained a substantial domestic network across Mainland China, comprising 143 branches, 1,770 sub-branches, numerous self-service centers and machines, and visual counters. Globally, it has a footprint in key financial hubs including Hong Kong, New York, London, Singapore, Luxembourg, Sydney, and Taipei. Established in 1987, China Merchants Bank Co., Ltd. is based in Shenzhen, China.

CEO: Liang Wang - https://www.cmbchina.com

Price objectif

-

Recommandation

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DCF

$ -10.11

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600036.SS vs S&P500

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Quick ratio

0.19

indicates that the company may have difficulty covering its short-term debts with its readily available assets.

P/E ratio

6.53

may indicate that the company is undervalued or has poor growth prospects.

EPS

5.71

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

11.91 %

reflects reasonable profitability, showing good use of equity.

ROIC

7.70 %

generates a return higher than the cost of its capital, thereby creating value for its investors.

WACC

6.77

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.34

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

-17.06

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

53.96 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
4 indicates moderate financial health
Altman score
-0.68 indicates a high risk of bankruptcy
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Cash / Debt

Cash Ratio
0.12 indicates liquidity risk, as the company may not have enough cash to meet its immediate obligations
Debt Ratio
0.03 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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