China Merchants Bank Co (China Merchants Bank Co) Ending Cash Position : $83,894 Mil (As of Dec. 2023)

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What is China Merchants Bank Co Ending Cash Position?

China Merchants Bank Co's Ending Cash Position for the quarter that ended in Dec. 2023 was $83,894 Mil.

China Merchants Bank Co's quarterly Ending Cash Position declined from Jun. 2023 ($81,695 Mil) to Sep. 2023 ($54,624 Mil) but then increased from Sep. 2023 ($54,624 Mil) to Dec. 2023 ($83,894 Mil).

China Merchants Bank Co's annual Ending Cash Position declined from Dec. 2021 ($125,878 Mil) to Dec. 2022 ($81,357 Mil) but then increased from Dec. 2022 ($81,357 Mil) to Dec. 2023 ($83,894 Mil).

China Merchants Bank Co Ending Cash Position Historical Data

The historical data trend for China Merchants Bank Co's Ending Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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China Merchants Bank Co Ending Cash Position Chart

China Merchants Bank Co Annual Data

Trend

Dec14

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Dec16

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Dec19

Dec20

Dec21

Dec22

Dec23

Ending Cash Position

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84,074.74

84,533.51

125,877.88

81,357.20

83,893.87

China Merchants Bank Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Ending Cash Position	Get a 7-Day Free Trial															81,357.20	73,276.35	81,694.50	54,623.93	83,893.87

China Merchants Bank Co Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

China Merchants Bank Co's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	79437.271	+	4456.598
	=	83,894

China Merchants Bank Co's Ending Cash Position for the quarter that ended in Dec. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	55830.369	+	28063.5
	=	83,894

China Merchants Bank Co Ending Cash Position Related Terms

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China Merchants Bank Co (China Merchants Bank Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » China Merchants Bank Co Ltd (OTCPK:CIHHF) » Definitions » Ending Cash Position

Traded in Other Exchanges

CIHKY:USA 03968:Hong Kong M4B:Germany M4B:Germany 600036:China

Address

No. 7088, Shennan Boulevard, 19 Floor, China Merchants Bank Building, Futian District, Guangdong Province, Shenzhen, CHN, 518040

Website

https://www.cmbchina.com

China Merchants Bank, with headquarters in Shenzhen, was founded in 1987. The bank is China's seventh-largest listed bank by assets, with the largest distribution network among China's joint-stock banks. CMB's network has been expanding rapidly. Its outlets are located mainly in China's more developed areas, including the Pearl River and Yangtze River deltas. The firm has 18% and 82% of its shares listed on the Hong Kong and Shanghai exchanges, respectively. It has no foreign strategic investors. China Merchants Group is its largest shareholder, with a 30% stake. Retail banking, corporate banking and wholesale banking accounted for 57%, 41%, and 2% of total profit before tax, respectively, and 56%, 41%, and 3% of total revenue in 2022.

China Merchants Bank Co (China Merchants Bank Co) Headlines

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