GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Industrial And Commercial Bank Of China Ltd (OTCPK:IDCBY) » Definitions » Profitability Rank

Industrial And Commercial Bank Of China (Industrial And Commercial Bank Of China) Profitability Rank : 5 (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Industrial And Commercial Bank Of China Profitability Rank?

Industrial And Commercial Bank Of China has the Profitability Rank of 5.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Industrial And Commercial Bank Of China's Operating Margin % for the quarter that ended in Dec. 2023 was 0.00%. As of today, Industrial And Commercial Bank Of China's Piotroski F-Score is 5.


Competitive Comparison of Industrial And Commercial Bank Of China's Profitability Rank

For the Banks - Diversified subindustry, Industrial And Commercial Bank Of China's Profitability Rank, along with its competitors' market caps and Profitability Rank 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.


Industrial And Commercial Bank Of China's Profitability Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Industrial And Commercial Bank Of China's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Industrial And Commercial Bank Of China's Profitability Rank falls into.



Industrial And Commercial Bank Of China Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Industrial And Commercial Bank Of China has the Profitability Rank of 5.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Industrial And Commercial Bank Of China's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0 / 26654.155
=0.00 %

* 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.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Industrial And Commercial Bank Of China has an F-score of 5 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

4. Consistency of the profitability

5. Predictability Rank


Industrial And Commercial Bank Of China Profitability Rank Related Terms

Thank you for viewing the detailed overview of Industrial And Commercial Bank Of China's Profitability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Industrial And Commercial Bank Of China (Industrial And Commercial Bank Of China) Business Description

Address
3 Garden Road, 33rd Floor, ICBC Tower, Central, Hong Kong, HKG
ICBC is headquartered in Beijing and founded in 1984, 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. Among these outlets, 417 outlets are located in 42 countries and regions overseas. Corporate banking, retail banking, and wholesale banking accounted for 44%, 44%, and 12% of total revenue, respectively; and 39%, 47%, and 24% of profit before tax in 2022. Overseas banking and other business contributed 8% of total revenue and 6% of profit before tax in 2022.

Industrial And Commercial Bank Of China (Industrial And Commercial Bank Of China) Headlines

From GuruFocus

A Trio of Stocks With Low Shiller Price-Earnings Ratios

By Alberto Abaterusso Alberto Abaterusso 11-04-2020

A Trio of Stocks Trading Below Their Earnings Power Values

By Alberto Abaterusso Alberto Abaterusso 01-21-2021

Matthews China Fund's Top 5 1st-Quarter Trades

By James Li James Li 05-07-2021