- Last Close 9.08
- Sector Financial Services
- Industry Banks - Diversified
- Investment Style Large Value
- Day Range 9.00 – 9.27
- Year Range 8.48 – 11.90
- Market Cap 163.6796 Bil
- Volume / Avg 2,761.0 / 175,364.3
- Price / Sales 1.34
- Price / Book 0.36
- Forward Div Yield 8.02%
- Trailing Div Yield 9.15%
Morningstar‘s Stock Analysis IDCBY
Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings 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. Click here for more on how to use these ratings.
Company Profile IDCBY
ICBC is headquartered in Beijing and founded in 1984, the bank listed its shares in mainland China and Hong Kong in 2006. It is China's largest by asset scale and by share of lending and deposits. Central Huijin Investment (China's sovereign wealth fund manager) and China's Ministry of Finance are ICBC's two largest shareholders, each with a stake of around 35%. ICBC operates over 16,000 outlets. Among these outlets, 417 outlets are located in 42 countries and regions overseas. Corporate banking, retail banking, and wholesale banking accounted for 44%, 44%, and 12% of total revenue, respectively; and 39%, 47%, and 24% of profit before tax in 2022. Overseas banking and other business contributed 8% of total revenue and 6% of profit before tax in 2022.
Hong Kong, HKG
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of IDCBY’s competitive advantage.
|+$0.11 (1.16%)||+$0.02 (0.52%)||+$0.15 (0.46%)||+$0.04 (1.12%)|
|163.68 Bil||168.12 Bil||831.50 Bil||1.26 Tril|
|Banks - Diversified||Banks - Regional||Banks - Regional||Banks - Diversified|
* Trading data in this section is delayed by at least 15 minutes.
FAQs for Industrial And Commercial Bank Of China Ltd ADR Stock
Yes. IDCBY has a forward dividend yield of 9.26%.
IDCBY’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.
IDCBY’s market cap is 163.68 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.
IDCBY’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.
IDCBY’s price/sales is 1.34.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.
IDCBY’s price/forward earnings is 3.22.
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.
IDCBY’s price/book is 0.36.
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 IDCBY’s valuation ratios compared to the Market Index.
IDCBY’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 IDCBY’s historical performance against its industry peers and the overall market.