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China Merchants Bank Co Ltd ADR CIHKY

Morningstar Rating
$21.00 +0.21 (1.01%)
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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 26% discount.
Price
$20.72
Fair Value
$75.77
Uncertainty
Very High
1-Star Price
$14.13
5-Star Price
$18.71
Economic Moat
Rlbjcp
Capital Allocation
FW
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News

Trading Information

Previous Close Price
$20.79
Day Range
$20.91–21.00
52-Week Range
$15.57–26.46
Bid/Ask
$20.53 / $21.00
Market Cap
$105.92 Bil
Volume/Avg
23,838 / 53,825

Key Statistics

Price/Earnings (Normalized)
5.22
Price/Sales
2.28
Dividend Yield (Trailing)
5.80%
Dividend Yield (Forward)
5.80%
Total Yield
5.82%

Company Profile

China Merchants Bank, with headquarters in Shenzhen, was founded in 1987. 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 57%, 41%, and 2% of total profit before tax, respectively, and 56%, 41%, and 3% of total revenue in 2023.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Large Value
Total Number of Employees
116,529

Competitors

Valuation

Metric
CIHKY
000001
01658
Price/Earnings (Normalized)
5.224.884.44
Price/Book Value
0.800.490.47
Price/Sales
2.281.381.59
Price/Cash Flow
7.36——
Price/Earnings
CIHKY
000001
01658

Financial Strength

Metric
CIHKY
000001
01658
Quick Ratio
———
Current Ratio
———
Interest Coverage
———
Quick Ratio
No chart available

Profitability

Metric
CIHKY
000001
01658
Return on Assets (Normalized)
1.38%0.85%0.58%
Return on Equity (Normalized)
16.75%12.08%11.69%
Return on Invested Capital (Normalized)
———
Return on Assets
CIHKY
000001
01658
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Banks - Regional Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
BNPQY
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ISNPY
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USB
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PNC
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ITUB
Itau Unibanco Holding SA ADRXdfqcnyBnjwz$56.6 Bil
TFC
Truist Financial CorpDhxqpbvbrGgwtzhw$52.0 Bil
MFG
Mizuho Financial Group Inc ADRKfwxvxxqRdzts$49.6 Bil
LYG
Lloyds Banking Group PLC ADRWlhwslpRwfnx$40.1 Bil
DB
Deutsche Bank AGNfbkYmr$31.7 Bil
NWG
NatWest Group PLC ADRKfrYcqw$30.2 Bil

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