INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED

Ratings Industrial and Commercial Bank of China Limited Shanghai Stock Exchange

Equities

601398

CNE000001P37

End-of-day quote Shanghai Stock Exchange Other stock markets 06:00:00 2023-11-30 pm EST			5-day change	1st Jan Change
4.810 ^CNY	0.00%		+0.21%	+10.83%

Nov. 23	Minmetals Development Gets Regulatory Nod to Issue 2 Billion Yuan Ultra-Short-Term Bonds	MT
Nov. 17	ICBC Pays Ransom After Cyberattack That Affected US Treasury Market, Gang Says	MT

Strengths

Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
The company's share price in relation to its net book value makes it look relatively cheap.
The company is one of the best yield companies with high dividend expectations.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.

Weaknesses

The company's currently anticipated earnings per share (EPS) growth for the next few years is a notable weakness.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
For the last four months, the sales outlook for the coming years has been revised downwards. No recovery of the group's activities is yet foreseen.
Over the past twelve months, analysts' consensus has been significantly revised downwards.

Ratings chart - Surperformance

Sector : Banks

	1st Jan change	Capi.	ESG Refinitiv
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	+10.83%	223 B $	-
JPMORGAN CHASE & CO.	+16.96%	453 B $	C+
BANK OF AMERICA CORPORATION	-6.52%	245 B $	C+
WELLS FARGO & COMPANY	+9.03%	163 B $	C
BANK OF CHINA LIMITED	-0.35%	150 B $	B-
CHINA CONSTRUCTION BANK CORPORATION	-8.79%	146 B $	B-
HSBC HOLDINGS PLC	+17.14%	147 B $	C+
HDFC BANK LIMITED	-4.47%	142 B $	B-
ROYAL BANK OF CANADA	-3.42%	128 B $	B-
COMMONWEALTH BANK OF AUSTRALIA	+1.55%	116 B $	C+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

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Valuation

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1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

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MT Timing

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RSI

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Unusual volumes