China Construction Bank Corp.
In the news
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- Hong Kong and China stocks jump as Trump's remarks seen as tame Jun 1, 2020
- Negative oil price teaches mom-and-pop investors a costly lesson May 21, 2020 See more articles on China Construction Bank Corp.
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
Financial Highlights
| Dec 2019 | HKD | USD |
| Revenue | 1,244.37B | 158,818.09M |
| Gross Profit | -- | -- |
| Operating income | 378,313.09M | 48,283.79M |
| Income before tax | 370,051.37M | 47,229.35M |
| Net income | 302,452.94M | 38,601.82M |
| EBITDA | -- | -- |
| Diluted EPS | 1.19 | 0.15 |
| Dividends Per Share | 0.34 | 0.04 |
| Total Assets | 28,452.88B | 3,651.64B |
| Total liabilities | 25,997.41B | 3,336.50B |
| Total equity | 2,434.36B | 312,426.03M |
| Operating cash flow | 401,490.34M | 51,241.88M |
| Currency in HKD | Currency in USD |
Historical Data
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | |
| Revenue | 1,144.41B | 1,039.01B | 1,084.76B | 1,183.68B | 1,244.37B |
| Gross Profit | -- | -- | -- | -- | -- |
| Operating income | 366,266.04M | 342,835.02M | 347,771.00M | 366,124.17M | 378,313.09M |
| Income before tax | 367,851.07M | 344,848.20M | 345,494.81M | 364,835.48M | 370,051.37M |
| Net income | 281,412.44M | 270,442.14M | 279,351.44M | 301,627.10M | 302,452.94M |
| EBITDA | -- | -- | -- | -- | -- |
| Diluted EPS | 1.12 | 1.07 | 1.11 | 1.18 | 1.19 |
| Dividends Per Share | 0.32 | 0.31 | 0.34 | 0.34 | 0.34 |
| Total Assets | 21,900.22B | 23,387.97B | 26,559.11B | 26,482.16B | 28,452.88B |
| Total liabilities | 20,175.50B | 21,614.49B | 24,403.32B | 24,211.03B | 25,997.41B |
| Total equity | 1,711.51B | 1,758.80B | 2,136.50B | 2,253.87B | 2,434.36B |
| Operating cash flow | 465,820.27M | 363,033.47M | 580,997.82M | 660,202.75M | 401,490.34M |
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | |
| Revenue | 147,616.92M | 133,851.60M | 139,200.96M | 151,026.93M | 158,818.09M |
| Gross Profit | -- | -- | -- | -- | -- |
| Operating income | 47,244.44M | 44,165.78M | 44,627.12M | 46,714.13M | 48,283.79M |
| Income before tax | 47,448.89M | 44,425.13M | 44,335.03M | 46,549.71M | 47,229.35M |
| Net income | 36,299.23M | 34,839.76M | 35,847.29M | 38,484.89M | 38,601.82M |
| EBITDA | -- | -- | -- | -- | -- |
| Diluted EPS | 0.14 | 0.13 | 0.14 | 0.15 | 0.15 |
| Dividends Per Share | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Total Assets | 2,825.78B | 3,016.57B | 3,397.47B | 3,382.42B | 3,651.64B |
| Total liabilities | 2,603.24B | 2,787.83B | 3,121.70B | 3,092.34B | 3,336.50B |
| Total equity | 220,835.88M | 226,850.84M | 273,304.66M | 287,874.95M | 312,426.03M |
| Operating cash flow | 60,085.89M | 46,767.85M | 74,555.55M | 84,235.90M | 51,241.88M |
Valuation Measures
| Dec 2019 | |
| PER | 5.04 |
| ROA | 1.10% |
| ROE | 12.90% |
| Operating margin | 30.40% |
| Profit margin | 24.30% |
Key executives
- Chairman & President: Guo Li Tian
- Executive Vice President: Zhihong Ji
- Executive Director & Executive Vice President: Jia Jin Lyu
- Executive Vice President: Zhang Min
- Executive Vice President: Hao Wang
Shareholders
- China Investment Corp. (Investment Company) (59.3%)
- China State-Owned Assets Supervision & Admn Commission (1.5%)
- The Vanguard Group, Inc. (1.2%)
- BlackRock Fund Advisors (0.8%)
- Hang Seng Investment Management Ltd. (0.7%)
- Norges Bank Investment Management (0.5%)
- Dimensional Fund Advisors LP (0.5%)
- State Street Global Advisors Asia Ltd. (0.4%)
- China Yangtze Power Co., Ltd. (0.3%)
- Reca Investment Ltd. (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
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Last Updated on 20 Jan, 2021
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