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Finance

China Construction Bank Corp.

  • 7.14 HKD
  • +0.08
  • +1.13%
  • China
    Apr 18, 2019
  • Ticker
    HKG(939)
  • Prev. close
    7.06
  • Market cap (HKD)
    1,782.54B
  • Market cap (USD)
    227,215M
  • Shares
    250,011M

Company Background

China Construction Bank (CCB) is one of China's four major state-owned banking institutions. Established in 1954, its original name was the People's Construction Bank of China.

The bank was originally under the wing of the Ministry of Finance and provided funding in accordance with government plans to build infrastructure. In 1979, it went under the control of the state council and began to serve as a commercial bank as well. It got its current name in 1996.

The bank has major clients among large state-owned enterprises in infrastructure sectors including the electric power, telecommunications, oil, natural gas and construction industries. It listed its stock on the Hong Kong Stock Exchange in 2005 and on the Shanghai Stock Exchange in 2007.

The bank now serves large numbers of retail customers and small and midsize businesses. As of the end of 2014, it had 14,856 branch offices in China. Its corporate customers number 3.48 million and retail customers 314 million. It ranks second in China's banking industry next to Industrial and Commercial Bank of China.

The bank is actively expanding its business abroad, operating branch offices in Hong Kong, Macau, Singapore, Frankfurt, New York and Sydney. It has founded banking units in Britain, Russia and Dubai, which serve Chinese and other customers operating locally.

Business Summary

China Construction Bank Corp. engages in the provision of a wide range of financial services to corporate and personal customers. It operates through the following business segments: Corporate Banking, Personal Banking, Treasury, and Others. The Corporate Banking segment provides a range of financial products and services to corporations, government agencies and financial institutions, which comprises of corporate loans, trade financing, deposit taking and wealth management services, agency services, financial consulting and advisory services, cash management services, remittance and settlement services, custody services, and guarantee services. The Personal Banking segment provides personal loans, deposit taking and wealth management services, card business, remittance services, and agency services to individual customers. The Treasury segment represents inter-bank money market transactions, repurchase and resale transactions, investments in debt securities, and trade of derivatives and foreign currency. The Others segment refers to equity investments and revenues, results, assets and liabilities of overseas branches and subsidiaries. The company was founded in October 1954 and is headquartered in Beijing, China.

Financial Highlights

Dec 2018 HKDUSD
Revenue1,175.38B149,968.75M
Gross Profit----
Operating income366,709.29M46,788.79M
Income before tax365,001.31M46,570.87M
Net income302,777.20M38,631.63M
EBITDA----
Diluted EPS1.180.15
Dividends Per Share0.350.04
Total Assets26,482.16B3,382.42B
Total liabilities24,211.03B3,092.34B
Total equity2,253.87B287,874.95M
Operating cash flow----
Currency in HKDCurrency in USD

Historical Data

 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 1,102.02B 1,137.49B 1,044.00B 1,069.12B 1,175.38B
Gross Profit -- -- -- -- --
Operating income 374,859.30M 363,549.92M 342,412.05M 345,924.91M 366,709.29M
Income before tax 376,100.21M 367,851.07M 344,848.20M 345,494.81M 365,001.31M
Net income 286,730.77M 281,412.44M 270,442.14M 279,351.44M 302,777.20M
EBITDA -- -- -- -- --
Diluted EPS 1.14 1.12 1.07 1.10 1.18
Dividends Per Share 0.38 0.32 0.31 0.34 0.35
Total Assets 20,930.85B 21,900.22B 23,387.97B 26,559.11B 26,482.16B
Total liabilities 19,365.43B 20,175.50B 21,614.49B 24,403.32B 24,211.03B
Total equity 1,552.69B 1,711.51B 1,758.80B 2,136.50B 2,253.87B
Operating cash flow 389,844.61M 770,515.90M 1,021.92B 79,123.66M --
 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 142,110.92M 146,724.65M 134,494.02M 137,193.63M 149,968.75M
Gross Profit -- -- -- -- --
Operating income 48,339.73M 46,894.09M 44,111.29M 44,390.22M 46,788.79M
Income before tax 48,499.75M 47,448.89M 44,425.13M 44,335.03M 46,570.87M
Net income 36,975.18M 36,299.23M 34,839.76M 35,847.29M 38,631.63M
EBITDA -- -- -- -- --
Diluted EPS 0.14 0.14 0.13 0.14 0.15
Dividends Per Share 0.04 0.04 0.04 0.04 0.04
Total Assets 2,699.06B 2,825.78B 3,016.57B 3,397.47B 3,382.42B
Total liabilities 2,497.20B 2,603.24B 2,787.83B 3,121.70B 3,092.34B
Total equity 200,222.28M 220,835.88M 226,850.84M 273,304.66M 287,874.95M
Operating cash flow 50,272.15M 99,388.40M 131,649.92M 10,153.41M --

Valuation Measures

Dec 2018
PER5.45
ROA1.14%
ROE13.79%
Operating margin31.19%
Profit margin25.75%

Key executives

  • Chairman & President: Guo Li Tian
  • Chief Financial Officer: Yi Ming Xu
  • Executive Director & Executive Vice President: Geng Sheng Zhang
  • Executive Vice President: Wen Sheng Yang
  • Chief Risk Officer & Executive Vice President: Lin Liao

Shareholders

  • China Investment Corp. (Investment Company) (59.3%)
  • Temasek Holdings Pte Ltd. (Investment Management) (4.9%)
  • China State-Owned Assets Supervision & Admn Commission (2.1%)
  • The Vanguard Group, Inc. (1.2%)
  • BlackRock Fund Advisors (1.1%)
  • Norges Bank Investment Management (0.5%)
  • Capital Research & Management Co. (Global Investors) (0.4%)
  • State Street Global Advisors Asia Ltd. (0.4%)
  • China Yangtze Power Co., Ltd. (0.4%)
  • Capital Research & Management Co. (World Investors) (0.3%)

Contact Details

  • Website:http://www.ccb.com
  • Address: No. 25 Financial Street, Xicheng District, Beijing, 100033, China
  • Phone: +86.10.6621.5533

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Competitors

    Last Updated on 18 Apr, 2019

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