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Industrial And Commercial Bank Of China (SHSE:601398) Quality Rank


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What is Industrial And Commercial Bank Of China Quality Rank?

The Quality Rank measures the business quality of a company relative to other companies. It is ranked based on the strength of the balance sheet, as well as the profitability and growth of the business. The ranked companies are split in equal numbers and then ranked from 1 to 10, with 10 being the highest.

The rank of balance sheet (30%)

The rank of balance sheet is done through the ranking of:
  • Interest coverage
  • Zscore
  • Debt to revenue
  • Equity to asset
  • Cash to debt

The rank of Profitability (70%)

The ranking of Profitability is done by ranking:
  • Operating margin mean rank (10-year mean average profit margine)
  • Operating margin growth rank
  • Fscore
  • Predictability rank
  • Revenue growth rank (5 year), when the growth is higher than 25%, set it as 25%
  • Num of year profit (number of years that is profitable within the last 10 years)
  • ROIC median (10-year median of ROIC)

Industrial And Commercial Bank Of China Quality Rank Related Terms

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Industrial And Commercial Bank Of China Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Industrial And Commercial Bank Of China Ltd (SHSE:601398) » Definitions » Quality Rank
Comparable Companies
SHSE:601288 SHSE:601939 SHSE:601988 SHSE:601328 JPM BAC WFC LSE:HSBA ASX:CBA TSX:RY TSE:8306 C XMAD:SAN TSX:TD XSWX:UBSG TSE:8316 XMAD:BBVA ASX:WBC TSX:BMO ASX:NAB
Traded in Other Exchanges
IDCBY:USA IDCBF:USA 01398:Hong Kong ICK:Germany
Address
3 Garden Road, 33rd Floor, ICBC Tower, Central, Hong Kong, HKG
Website
https://www.icbc-ltd.com
Industrial and Commercial Bank of China was founded in 1984 and is headquartered in Beijing. The bank listed its shares in mainland China and Hong Kong in 2006. It is China's largest by asset scale and by share of lending and deposits. Central Huijin Investment (China's sovereign wealth fund manager) and China's Ministry of Finance are ICBC's two largest shareholders, each with a stake of around 35%. ICBC operates over 16,000 outlets. Of these, 413 outlets are in 49 countries and regions overseas. Corporate banking, retail banking, and wholesale banking accounted for 47%, 40%, and 13% of total revenue, respectively, and 44%, 36%, and 18% of profit before tax in 2023. Overseas banking and other business contributed 12% of total revenue and 9% of profit before tax in 2023.
Executives
Zhang Hong Li senior management
Pan Gong Sheng senior management