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Finance

China Construction Bank Corp.

  • 6.46 HKD
  • +0.02
  • +0.31%
  • China
    Dec 14, 2018
  • Ticker
    HKG(939)
  • Prev. close
    6.44
  • Market cap (HKD)
    1,620.15B
  • Market cap (USD)
    207,248M
  • 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 2017 HKDUSD
Revenue1,069.12B137,193.63M
Gross Profit----
Operating income345,924.91M44,390.22M
Income before tax345,494.81M44,335.03M
Net income279,351.44M35,847.29M
EBITDA----
Diluted EPS1.100.14
Dividends Per Share0.340.04
Total Assets26,559.11B3,397.47B
Total liabilities24,403.32B3,121.70B
Total equity2,136.50B273,304.66M
Operating cash flow79,123.66M10,153.41M
Currency in HKDCurrency in USD

Historical Data

 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 969,553.44M 1,102.02B 1,137.49B 1,044.00B 1,069.12B
Gross Profit -- -- -- -- --
Operating income 351,138.68M 374,859.30M 363,549.92M 342,412.05M 345,924.91M
Income before tax 353,036.31M 376,100.21M 367,851.07M 344,848.20M 345,494.81M
Net income 270,836.63M 286,730.77M 281,412.44M 270,442.14M 279,351.44M
EBITDA -- -- -- -- --
Diluted EPS 1.08 1.14 1.12 1.07 1.10
Dividends Per Share 0.37 0.38 0.32 0.31 0.34
Total Assets 19,678.24B 20,930.85B 21,900.22B 23,387.97B 26,559.11B
Total liabilities 18,302.25B 19,365.43B 20,175.50B 21,614.49B 24,403.32B
Total equity 1,365.25B 1,552.69B 1,711.51B 1,758.80B 2,136.50B
Operating cash flow 49,011.44M 389,844.61M 770,515.90M 1,021.92B 79,123.66M
 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 124,996.53M 142,110.92M 146,724.65M 134,494.02M 137,193.63M
Gross Profit -- -- -- -- --
Operating income 45,269.41M 48,339.73M 46,894.09M 44,111.29M 44,390.22M
Income before tax 45,514.06M 48,499.75M 47,448.89M 44,425.13M 44,335.03M
Net income 34,916.73M 36,975.18M 36,299.23M 34,839.76M 35,847.29M
EBITDA -- -- -- -- --
Diluted EPS 0.13 0.14 0.14 0.13 0.14
Dividends Per Share 0.04 0.04 0.04 0.04 0.04
Total Assets 2,537.90B 2,699.06B 2,825.78B 3,016.57B 3,397.47B
Total liabilities 2,360.43B 2,497.20B 2,603.24B 2,787.83B 3,121.70B
Total equity 176,076.75M 200,222.28M 220,835.88M 226,850.84M 273,304.66M
Operating cash flow 6,318.64M 50,272.15M 99,388.40M 131,649.92M 10,153.41M

Valuation Measures

Dec 2017
PER6.50
ROA1.11%
ROE14.34%
Operating margin32.35%
Profit margin26.12%

Key executives

  • Vice Chairman & President: Zu Ji Wang
  • 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%)
  • China State-Owned Assets Supervision & Admn Commission (2.1%)
  • The Vanguard Group, Inc. (1.2%)
  • BlackRock Fund Advisors (1.0%)
  • Capital Research & Management Co. (Global Investors) (0.8%)
  • Capital Research & Management Co. (World Investors) (0.5%)
  • Norges Bank Investment Management (0.5%)
  • Hang Seng Investment Management Ltd. (0.4%)
  • China Yangtze Power Co., Ltd. (0.4%)
  • State Street Global Advisors Asia Ltd. (0.4%)

Contact Details

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

Related Companies

  • China Construction Bank Corp. /Shenyang Branch/
  • China Construction Bank Corp. /Xiamen Branch/
  • China Construction Bank Corp. /Yangpu Branch/
  • China Construction Bank Corp. (Swiss Branch Zurich)
  • China Construction Bank (Malaysia) Ltd.
  • HNAG Funding Ltd.
  • Changsheng Tongqing Detachable Equity Securities Investment Fu
  • China Construction Bank, Agencia en Chile
  • China Construction Bank Corp. /Anyang Branch/
  • CCBL (Cayman) 1 Corp. Ltd.
  • China Construction Bank Corp. (Luxembourg)
  • China Construction Bank Corp. (Vietnam)
  • China Construction Bank Corp. (Taizhou Branch)
  • China Construction Bank Corp. (Toronto Branch)
  • China Construction Bank (Dubai) Ltd.
  • China Construction Bank (Caoxian Branch)
  • China Construction Bank Brasil SA Cayman
  • China Construction Bank (Brasil) SA
  • China Construction Bank (Russia) OOO
  • CCBL (Cayman) Corp. Ltd.
  • China Construction Bank Corp. /Jinan Branch/
  • China Construction Bank (Daqing Branch)
  • China Construction Bank Corp. /Taipei Branch/
  • China Construction Bank (Fuzhou Chengdong)
  • CCB Brazil Fin Holding Investimentos e Participacoes Ltda.
  • CCB Financial Leasing Corp. Ltd.
  • China Construction Bank (Europe) SA
  • China Construction Bank (New Zealand) Ltd.
  • China Construction Bank Corp. (Sydney)
  • China Construction Bank Corp. (Frankfurt Branch)

Competitors

    Last Updated on 14 Dec, 2018

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