China Minsheng Banking Corp., Ltd. (CGMBF) Stock

About China Minsheng Banking Corp., Ltd.

China Minsheng Banking Corp., Ltd. (CMBC), established in 1996 and headquartered in Beijing, People's Republic of China, offers a comprehensive range of financial products and services. Operating through its Corporate Banking, Retail Banking, and other divisions, the institution serves a diverse clientele across China, including individuals, small and micro-enterprises, corporate entities, government agencies, and fellow financial institutions. The bank's core offerings encompass a variety of deposit products, such as saving accounts, certificates of deposit, and various contracted and call deposit options. It also provides an extensive suite of lending solutions, from personal housing and automobile mortgages to household consumption, home, medium/long-term, and short-term working capital loans, alongside specialized micro-credit products for individuals. Additionally, customers have access to debit and credit cards, and secure safe deposit boxes. Beyond these fundamental services, CMBC facilitates payments, collections, and clearing, while also offering modern digital banking platforms via internet, mobile, and telephone channels. For its corporate clients, the bank delivers advanced services including gross settlement, payroll distribution, letters of guarantee, sophisticated cash management, trade finance, and integrated industrial chain financing. Foreign exchange services for individuals are also available, covering settlements, remittances, travelers' promissory notes, and guarantee letters. CMBC further extends its expertise into comprehensive credit granting, forex settlement and sales, financial product investments, and trust financing. Its portfolio includes convenient finance, investment banking, and asset management services. Uniquely, the company also provides non-financial lifestyle services across diverse areas like education, business travel, art, luxury living, health, club memberships, and sports. By the end of 2021, China Minsheng Banking Corp., Ltd. boasted a substantial physical network throughout China, consisting of approximately 140 branch-level institutions, 1,193 general business outlets, 1,078 community sub-branches, and 136 dedicated small business sub-branches.

China Minsheng Banking Corp., Ltd. is headquartered in CN.

China Minsheng Banking Corp., Ltd. (CGMBF) stock trades at $0.46 with a market capitalization of $21.76B. The stock is valued at a price-to-earnings (P/E) ratio of 5.34, price-to-book of 0.26, price-to-sales of 0.60. Over the past 52 weeks the stock has ranged between $0.46 and $0.58, and currently trades 20.7% below its 52-week high. It pays a dividend yielding 5.31%.

On profitability, China Minsheng Banking Corp., Ltd. generates a return on equity (ROE) of 4.59%, return on capital employed of 0.41%, an operating margin of 11.87%, a net profit margin of 11.24%.

In its most recent fiscal year, China Minsheng Banking Corp., Ltd. reported annual revenue of $265.6B, net profit of $30.6B, revenue has compounded at 23.8% a year over the last five years, profit at -2.3% a year.

The balance sheet shows a debt-to-equity ratio of 4.38 — a leveraged balance sheet worth monitoring, a current ratio of 1.26, total assets of $7.83T, $681.3B in cash and equivalents.

CGMBF has an average daily trading volume of 116 shares, a beta of 0.18 (less volatile than the overall market).

Official website: www.cmbc.com.cn