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4-Traders Homepage  >  Equities  >  SHANGHAI STOCK EXCHANGE  >  China Construction Bank Corporation    601939   CNE100000742

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China Construction Bank Corporation : China Construction Bank 2011 Net Profit Up 26% At CNY169.26 Billion

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03/25/2012 | 01:47pm CET

China Construction Bank Corp. (0939.HK, 601939.SH, CICHY), the country's biggest lender to home buyers, said Sunday its net profit rose 25.5% last year, boosted by higher interest income and commissions.

The state-run bank, in which Bank of America Corp. (BAC) owns a 10% stake, said its net profit for the 12 months ended Dec. 31 totaled CNY169.26 billion (US$26.9 billion), up from CNY134.84 billion in 2010.

The result was slightly above the average CNY168.07 billion net profit forecast of four analysts polled earlier by Dow Jones Newswires.

CCB said its net interest income, which accounts for about 80% of its operating income, rose to CNY304.57 billion from CNY251.50 billion, and its net fee and commission income rose to CNY86.99 billion from CNY66.13 billion.

-By Aaron Back, Dow Jones Newswires; (8610) 8400-7701; [email protected]

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Financials ( CNY)
Sales 2017 607 B
EBIT 2017 342 B
Net income 2017 240 B
Debt 2017 -
Yield 2017 4,08%
P/E ratio 2017 7,26
P/E ratio 2018 6,84
Capi. / Sales 2017 2,62x
Capi. / Sales 2018 2,42x
Capitalization 1 588 B
Chart CHINA CONSTRUCTION BANK CO
Duration : Period :
China Construction Bank Co Technical Analysis Chart | 601939 | CNE100000742 | 4-Traders
Technical analysis trends CHINA CONSTRUCTION BANK CO
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 7,60  CNY
Spread / Average Target 8,8%
EPS Revisions
Managers
NameTitle
Zu Ji Wang Vice Chairman & President
You Guo Chairman-Supervisory Board
Guo Li Tian Chairman
Yi Ming Xu Chief Financial Officer
Xiao Ling Li Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
CHINA CONSTRUCTION BANK CORPORATION28.31%240 348
JP MORGAN CHASE & COMPANY22.27%363 141
INDUSTRIAL AND COMMRCL BANK OF CHINA LTD33.56%309 843
BANK OF AMERICA30.50%299 672
WELLS FARGO7.78%291 829
BANK OF CHINA LTD13.08%206 838