China Minsheng Banking (HKSE:01988) 3-Year Book Growth Rate : 6.60% (As of Mar. 2024)

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What is China Minsheng Banking 3-Year Book Growth Rate?

China Minsheng Banking's Book Value per Share for the quarter that ended in Mar. 2024 was HK$15.36.

During the past 12 months, China Minsheng Banking's average Book Value per Share Growth Rate was 4.00% per year. During the past 3 years, the average Book Value per Share Growth Rate was 6.60% per year. During the past 5 years, the average Book Value per Share Growth Rate was 7.60% per year. During the past 10 years, the average Book Value per Share Growth Rate was 11.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of China Minsheng Banking was 61.10% per year. The lowest was 5.90% per year. And the median was 20.40% per year.

Competitive Comparison of China Minsheng Banking's 3-Year Book Growth Rate

For the Banks - Regional subindustry, China Minsheng Banking's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

China Minsheng Banking's 3-Year Book Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, China Minsheng Banking's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where China Minsheng Banking's 3-Year Book Growth Rate falls into.

China Minsheng Banking 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

China Minsheng Banking (HKSE:01988) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

China Minsheng Banking 3-Year Book Growth Rate Related Terms

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China Minsheng Banking (HKSE:01988) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » China Minsheng Banking Corp Ltd (HKSE:01988) » Definitions » 3-Year Book Growth Rate

Traded in Other Exchanges

CMAKY:USA CGMBF:USA GHFH:Germany 600016:China

Address

No. 2, Fuxingmennei Avenue, Xicheng District, Beijing, CHN, 100031

Website

https://www.cmbc.com.cn

Founded in 1996, China Minsheng Banking Corp. is one of the first privately owned commercial banks in China, with headquarters in Beijing. Its shares listed on the Shanghai Exchange in 2000, and on the Hong Kong Exchange in 2009. It positions itself as a bank for non-state-owned enterprises, micro- and small enterprises, and high-end retail customers. CMBC has a diversified shareholding structure, with over 23,000 banking outlets in 125 cities in China.

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