IDCBY (Industrial And Commercial Bank Of China) 3-Year Revenue Growth Rate : -2.00% (As of Sep. 2024)

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What is Industrial And Commercial Bank Of China 3-Year Revenue Growth Rate?

Industrial And Commercial Bank Of China's Revenue per Share for the three months ended in Sep. 2024 was $1.47.

During the past 12 months, Industrial And Commercial Bank Of China's average Revenue per Share Growth Rate was -3.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was -2.00% per year. During the past 5 years, the average Revenue per Share Growth Rate was 1.00% per year. During the past 10 years, the average Revenue per Share Growth Rate was 3.70% 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 Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of Industrial And Commercial Bank Of China was 18.20% per year. The lowest was -2.00% per year. And the median was 8.00% per year.

Competitive Comparison of Industrial And Commercial Bank Of China's 3-Year Revenue Growth Rate

For the Banks - Diversified subindustry, Industrial And Commercial Bank Of China's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue 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.

Industrial And Commercial Bank Of China's 3-Year Revenue Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Industrial And Commercial Bank Of China's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Industrial And Commercial Bank Of China's 3-Year Revenue Growth Rate falls into.

Industrial And Commercial Bank Of China 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue 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 Revenue per Share growth rate.

Industrial And Commercial Bank Of China (OTCPK:IDCBY) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

Industrial And Commercial Bank Of China 3-Year Revenue Growth Rate 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 (OTCPK:IDCBY) » Definitions » 3-Year Revenue Growth Rate

Comparable Companies

Traded in Other Exchanges

IDCBF:USA 01398:Hong Kong ICK:Germany 601398:China ICK:Austria

Address

3 Garden Road, 33rd Floor, ICBC Tower, Central, Hong Kong, HKG

Website

https://www.icbc-ltd.com

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, 413 outlets are located 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.