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Agricultural Bank of China Ltd Class H ACGBF

Morningstar Rating
$0.40 +0.02 (4.74%)
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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

ACGBF is trading at a 18% discount.
Price
$0.40
Fair Value
$9.32
Uncertainty
Very High
1-Star Price
$6.59
5-Star Price
$8.23
Economic Moat
Dnljjdz
Capital Allocation
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News

Trading Information

Previous Close Price
$0.38
Day Range
$0.400.40
52-Week Range
$0.310.41
Bid/Ask
$0.39 / $0.46
Market Cap
$140.33 Bil
Volume/Avg
200 / 453,813

Key Statistics

Price/Earnings (Normalized)
4.02
Price/Sales
1.54
Dividend Yield (Trailing)
7.70%
Dividend Yield (Forward)
0.99%
Total Yield
7.70%

Company Profile

As one of the big four banks, ABC is headquartered in Beijing. The bank evolved from a state-owned specialized bank to a state-controlled commercial bank. It listed on the Hong Kong and Shanghai Stock Exchanges in 2010. ABC operates more than 20,000-branch network in China, providing corporate and retail banking products and services, and carries out treasury operations for its own accounts or for its customers. Shareholders Central Huijin, China's state-owned investment company, and the Ministry of Finance own 37.15% and 32.47%, respectively. Corporate banking, retail banking, and wholesale banking accounted for 41%, 53%, and 6% of total revenue in the first half of 2023, respectively. Rural banking and urban banking contributed 49% and 51% of total revenue during the same period.
Sector
Financial Services
Industry
Banks - Diversified
Stock Style Box
Large Value
Total Number of Employees
444,932

Competitors

Valuation

Metric
ACGBF
600036
601939
Price/Earnings (Normalized)
4.025.735.34
Price/Book Value
0.440.880.60
Price/Sales
1.542.502.26
Price/Cash Flow
0.828.097.44
Price/Earnings
ACGBF
600036
601939

Financial Strength

Metric
ACGBF
600036
601939
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
ACGBF
600036
601939
Return on Assets (Normalized)
0.74%1.38%0.91%
Return on Equity (Normalized)
11.88%16.75%11.98%
Return on Invested Capital (Normalized)
Return on Assets
ACGBF
600036
601939
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