Industrial & Commercial Bank of China Ltd. - ADR

Industrial & Commercial Bank of China Ltd. - ADR

IDCBY

Market Cap$291.94B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Industrial & Commercial Bank of China Ltd. - ADRIndustrial & Commercial Bank of China Ltd. - ADR85.10.98%9%7.2-

Earnings Call Q4 2024

March 28, 2025 - AI Summary

Stable Financial Performance: ICBC reported a net profit of RMB 366.9 billion for 2024, maintaining resilience amid challenging market conditions, with an operating revenue of RMB 786.1 billion. The net interest margin (NIM) was 1.42%, and the NPL ratio was 1.34%, indicating stable asset quality and efficient risk management, although the NIM slightly decreased by 19 basis points year-over-year.
Dividend Increases and Financial Returns: The bank declared its first interim dividend of RMB 51.1 billion and plans to distribute a year-end dividend of RMB 58.7 billion, marking a significant increase in total dividends as part of a strategy to enhance shareholder value. This reflects a healthy dividend yield with A shares returning 5.32% and H shares returning 7.49%.
Five Transformations Strategy: ICBC is focusing on five transformations that emphasize intelligent risk control, modern business layout, digital growth, diversified structures, and ecological foundation. These strategies aim to capitalize on the real economy and maintain competitiveness, especially as the bank navigates through a low NIM environment.

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$7.77

Current Fair Value

45.8% downside

Overvalued by 45.8% based on the discounted cash flow analysis.

Share Statistics

Market cap$291.94 Billion
Enterprise Value$-4,650,874,510,433.00
Dividend Yield$0.86 (0.9794593449403749%)
Earnings per Share$0.98
Beta0.27
Outstanding Shares356,406,257,089

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio85.14
PEG-2134.06
Price to Sales7.17
Price to Book Ratio1.3
Enterprise Value to Revenue-4.59
Enterprise Value to EBIT263.49
Enterprise Value to Net Income-13
Total Debt to Enterprise-0.01
Debt to Equity0.01

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Industrial & Commercial Bank of China Ltd.