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Bank of Communications Ord Shs H
Previous close
$6.13
Day range
$6.04 - $6.15
Year range
$4.26 - $6.33
Market cap
558.13B HKD
Avg Volume
19.88M
P/E ratio
4.84
Dividend yield
6.70%
Market news
Financials
Income Statement
Revenue
Net income
(CNY) | Dec 2023info | Y/Y change |
---|---|---|
Revenue | 50.17B | -3.90% |
Operating expense | 23.82B | -1.01% |
Net income | 23.56B | -2.68% |
Net profit margin | 46.97 | 1.27% |
Earnings per share | 0.22 | 0.00% |
EBITDA | — | — |
Effective tax rate | 9.71% | — |
Balance Sheet
Total assets
Total liabilities
(CNY) | Dec 2023info | Y/Y change |
---|---|---|
Cash and short-term investments | 1.66T | 16.11% |
Total assets | 14.06T | 8.23% |
Total liabilities | 12.96T | 8.39% |
Total equity | 1.10T | — |
Shares outstanding | 74.26B | — |
Price to book | 0.50 | — |
Return on assets | 0.68% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
(CNY) | Dec 2023info | Y/Y change |
---|---|---|
Net income | 23.56B | -2.68% |
Cash from operations | 129.42B | -53.60% |
Cash from investing | -37.72B | 84.57% |
Cash from financing | -7.86B | 17.86% |
Net change in cash | 83.87B | 249.41% |
Free cash flow | — | — |
About
Bank of Communications is the fifth-largest bank in mainland China. It was originally established in 1908 and was one of a handful of domestic Chinese banks that issued banknotes in modern history. Following the Chinese Communist Revolution in 1949, the mainland operation of that bank were merged into the People's Bank of China and People's Construction Bank of China under the Communist single-tier banking system, while its continuation in Taiwan eventually became part of Mega International Commercial Bank.
In 1986, the Bank of Communications was revived in the mainland as a commercial credit institution. It was listed on the Stock Exchange of Hong Kong in June 2005 and the Shanghai Stock Exchange in May 2007. The Bank was ranked No. 151 among the Fortune Global 500 in terms of operating income and No. 11 among the global top 1,000 banks in terms of Tier 1 capital rated by the London-based magazine The Banker. In 2023, the company was ranked 53rd in the Forbes Global 2000. Wikipedia
Founded
1908
Website
Employees
94,275