China Merchants Bank Co., Ltd. (HKG:3968)

China Merchants Bank Statistics

Total Valuation

HKG:3968 has a market cap or net worth of HKD 1.25 trillion.

Market Cap	1.25T
Enterprise Value	n/a

Important Dates

The next estimated earnings date is Saturday, August 30, 2025.

Earnings Date	Aug 30, 2025
Ex-Dividend Date	Jul 3, 2025

Share Statistics

Current Share Class	4.59B
Shares Outstanding	n/a
Shares Change (YoY)	-0.02%
Shares Change (QoQ)	-0.14%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	n/a
Float	15.50B

Valuation Ratios

The trailing PE ratio is 8.22 and the forward PE ratio is 7.62.

PE Ratio	8.22
Forward PE	7.62
PS Ratio	3.95
PB Ratio	0.93
P/TBV Ratio	0.97
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	n/a
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	-2.28
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 12.49%.

Return on Equity (ROE)	12.49%
Return on Assets (ROA)	1.24%
Return on Invested Capital (ROIC)	n/a
Return on Capital Employed (ROCE)	n/a
Revenue Per Employee	2.71M
Profits Per Employee	1.30M
Employee Count	117,201
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, HKG:3968 has paid 31.17 billion in taxes.

Income Tax	31.17B
Effective Tax Rate	16.36%

Stock Price Statistics

The stock price has increased by +50.15% in the last 52 weeks. The beta is 1.04, so HKG:3968's price volatility has been similar to the market average.

Beta (5Y)	1.04
52-Week Price Change	+50.15%
50-Day Moving Average	51.11
200-Day Moving Average	43.90
Relative Strength Index (RSI)	49.30
Average Volume (20 Days)	19,565,075

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, HKG:3968 had revenue of HKD 317.14 billion and earned 152.27 billion in profits. Earnings per share was 6.04.

Revenue	317.14B
Gross Profit	317.14B
Operating Income	190.43B
Pretax Income	190.53B
Net Income	152.27B
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	6.04

Balance Sheet

The company has 1.15 trillion in cash and 886.62 billion in debt, giving a net cash position of 265.63 billion.

Cash & Cash Equivalents	1.15T
Total Debt	886.62B
Net Cash	265.63B
Net Cash Per Share	n/a
Equity (Book Value)	1.34T
Book Value Per Share	45.31
Working Capital	-9,362.10B

Cash Flow

In the last 12 months, operating cash flow was -360.36 billion and capital expenditures -29.01 billion, giving a free cash flow of -389.37 billion.

Operating Cash Flow	-360.36B
Capital Expenditures	-29.01B
Free Cash Flow	-389.37B
FCF Per Share	n/a

Margins

Gross Margin	n/a
Operating Margin	60.05%
Pretax Margin	60.08%
Profit Margin	49.90%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 2.19, which amounts to a dividend yield of 4.28%.

Dividend Per Share	2.19
Dividend Yield	4.28%
Dividend Growth (YoY)	1.29%
Years of Dividend Growth	8
Payout Ratio	37.48%
Buyback Yield	0.02%
Shareholder Yield	4.30%
Earnings Yield	12.16%
FCF Yield	-31.10%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on May 18, 2009. It was a forward split with a ratio of 1.3.

Last Split Date	May 18, 2009
Split Type	Forward
Split Ratio	1.3

Scores

Altman Z-Score	n/a
Piotroski F-Score	2