PINX: ACGBF
Last close prices updated as of
May 30, 2023, 11:09 AM EST
| USD
- Last Close 0.39
- Sector Financial Services
- Industry Banks - Diversified
- Investment Style Large Value
- Day Range 0.39 – 0.39
- Year Range 0.28 – 0.41
- Market Cap 134.7435 Bil
- Volume / Avg 100.0 / 14,418.0
- Price / Sales 1.41
- Price / Book 0.36
- Forward Div Yield 8.37%
- Trailing Div Yield 62.87%
Morningstar‘s Stock Analysis ACGBF
Valuation
Currency in —
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Is it the right time to buy or sell?
1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
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Company Profile ACGBF
Business Description
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 40% and 35%, respectively. Corporate banking, retail banking, and wholesale banking accounted for 37%, 44%, and 12% of total revenue in 2021, respectively. Rural banking and urban banking contributed 41% and 59% of total revenue in 2021.
Contact
50 Connaught Road, 25th Floor, Agricultural Bank of China Tower, Central
Hong Kong, HKG
Hong Kong, HKG
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of ACGBF’s competitive advantage.
Agricultural Bank of China Ltd Class H
PINX: ACGBF
| China Merchants Bank Co Ltd Class A
XSHG: 600036
| Industrial And Commercial Bank Of China Ltd Class A
XSHG: 601398
| Bank Of China Ltd Class A
XSHG: 601988
| |
Price
| 0.39 | 33.07 | 4.88 | 3.89 |
Currency
| USD | CNY | CNY | CNY |
Change
| +$0.01 (3.49%) | +$1.01 (3.15%) | +$0.02 (0.41%) | −$0.02 (0.51%) |
Market Cap
| 134.74 Bil | 834.02 Bil | 1.74 Tril | 1.15 Tril |
Industry
| Banks - Diversified | Banks - Regional | Banks - Diversified | Banks - Diversified |
Sector
|
Financial Services
|
Financial Services
|
Financial Services
|
Financial Services
|
* Trading data in this section is delayed by at least 15 minutes.
FAQs for Agricultural Bank of China Ltd Class H Stock
Yes. ACGBF has a forward dividend yield of 8.37%.
See
ACGBF’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
ACGBF’s market cap is 134.74 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
ACGBF’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
ACGBF’s price/sales is 1.40.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
ACGBF’s price/forward earnings is 3.83.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
ACGBF’s price/book is 0.41.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See ACGBF’s valuation ratios compared to the Market Index.
ACGBF’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare ACGBF’s historical performance against its industry peers and the overall market.