Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Hong Kong Stock Exchange  >  Agricultural Bank of China Limited    1288   CNE100000Q43

AGRICULTURAL BANK OF CHINA LIMITED

(1288)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Agricultural Bank of China's 3Q Net Profit Slid on Higher Impairments

10/30/2020 | 04:41am EST

By Martin Mou

Agricultural Bank of China Ltd.'s third-quarter net profit declined 4.6% from a year earlier, as impairment losses ate into stronger interest and fee income.

The Chinese state-owned lender said Friday that net profit fell to CNY56.50 billion yuan ($8.41 billion), even as operating income rose 4.9% to CNY159.44 billion.

Net interest income rose to CNY134.89 billion from CNY122.84 billion, though credit impairment losses also grew to CNY39.95 billion from CNY30.69 billion.

Write to Martin Mou at martin.mou@wsj.com

(END) Dow Jones Newswires

10-30-20 0540ET

Stocks mentioned in the article
ChangeLast1st jan.
AGRICULTURAL BANK OF CHINA LIMITED 0.63% 3.2 End-of-day quote.1.91%
AGRICULTURAL BANK OF CHINA LIMITED 1.35% 3 End-of-day quote.5.63%
BANK OF CHINA LIMITED 0.74% 2.73 End-of-day quote.3.02%
UNITED STATES DOLLAR (B) / CHINESE YUAN IN HONG KONG (USD/CNH) 0.00% 6.472 Delayed Quote.-0.48%
All news about AGRICULTURAL BANK OF CHINA LIMITED
01/15AGRICULTURAL BANK OF CHINA : Indicative announcement on the 2021 first extraordi..
PU
01/15Bank of China Raises Nearly $800 Million From US Dollar, Dim Sum Bond Offerin..
MT
01/13Alibaba-backed XPeng Secures $2 Billion in Bank Loans
MT
01/12AGRICULTURAL BANK OF CHINA : Notice of the 2021 First Extraordinary General Meet..
PU
01/12Chinese EV Maker XPeng Secures $1.98 Billion Credit Line
DJ
01/08Agricultural Bank of China Appoints Former ICBC President as Successor to Ret..
MT
01/08AGRICULTURAL BANK OF CHINA : Announcement on the resolutions of the board of dir..
PU
01/08AGRICULTURAL BANK OF CHINA : List of directors and their role and function2021-0..
PU
01/08AGRICULTURAL BANK OF CHINA : Announcement on resignation of the chairman of the ..
PU
01/04MARKET CHATTER : Tencent, Three Others Fined $2.8 Million in China
MT
More news
Financials
Sales 2020 659 B 102 B 102 B
Net income 2020 197 B 30 352 M 30 352 M
Net Debt 2020 - - -
P/E ratio 2020 4,52x
Yield 2020 6,84%
Capitalization 1 099 B 170 B 170 B
Capi. / Sales 2020 1,67x
Capi. / Sales 2021 1,58x
Nbr of Employees 464 011
Free-Float 62,9%
Chart AGRICULTURAL BANK OF CHINA LIMITED
Duration : Period :
Agricultural Bank of China Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AGRICULTURAL BANK OF CHINA LIMITED
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 24
Average target price 3,19 CNY
Last Close Price 2,51 CNY
Spread / Highest target 67,8%
Spread / Average Target 27,3%
Spread / Lowest Target -9,06%
EPS Revisions
Managers and Directors
NameTitle
Qing Song Zhang Vice Chairman & President
Jing Dong Wang Chairman-Supervisory Board
Xing Xiao Independent Non-Executive Director
Xin Xin Wang Independent Non-Executive Director
Wang Li External Member-Supervisory Board