Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

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

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

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

share with twitter share with LinkedIn share with facebook
share via e-mail
0
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; aaron.back@dowjones.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CHINA CONSTRUCTION BANK CO
12/09 CHINA CONSTRUCTION BANK : Shanxi Coking Coal, CCB Set up CNY25bn Funds
12/08 ICBC plans to set up $2b asset management company
12/07 CHINA CONSTRUCTION BANK : E Fund HK named Best Alternative Manager at HKCAMA-Blo..
12/02 Chinese yuan breaks 12-day losing streak
11/25 AGRICULTURAL BANK OF CHINA : Banks set up management arms for their troubled ass..
11/25 CMB, Minsheng, Great Wall Asset to Set up AMC
11/25DJAsia Shares Broadly Up; Nikkei Pares Gains
11/25 Banks set up management arms for their troubled assets
11/24 Banks setting up distressed asset management arms
11/24 Banks setting up distressed asset management arms
More news
Sector news : Banks - NEC
09:09p Russia signs Rosneft deal with Qatar, Glencore
07:14p PRUDENTIAL FINANCIAL : investigating Wells Fargo partnership after scandal
12/09DJWELLS FARGO : Fired Wells Fargo Brokers Asked to Contact Finra With Concerns
12/09DJWELLS FARGO : Fired Wells Fargo Brokers Asked to Contact Finra With Concerns
12/09DJFinancial-Services Firms Start to Scout for New Office Space
More sector news : Banks - NEC
News from SeekingAlpha
11/10 CHINA BANKING SECTOR : Challenges In The Near Future
08/29 How China Corporate Debt May Trigger A Banking Crisis
08/02 WisdomTree Emerging Markets Dividend ETF (DVEM) July Summary
08/02 WisdomTree Emerging Markets High Dividend ETF (DEM) July Summary
07/01 WisdomTree Emerging Markets Dividend ETF (DVEM) June Summary
Advertisement
Financials ( CNY)
Sales 2016 586 803 M
EBIT 2016 333 247 M
Net income 2016 224 585 M
Debt 2016 -
Yield 2016 4,66%
P/E ratio 2016 6,35
P/E ratio 2017 6,31
Capi. / Sales 2016 2,23x
Capi. / Sales 2017 2,13x
Capitalization 1 308 545 M
More Financials
Chart CHINA CONSTRUCTION BANK CO
Duration : Period :
China Construction Bank Co Technical Analysis Chart | 601939 | CNE100000742 | 4-Traders
Full-screen chart
Technical analysis trends CHINA CONSTRUCTIO...
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 6,49  CNY
Spread / Average Target 13%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Zu Ji Wang Vice Chairman & President
You Guo Chairman-Supervisory Board
Yi Ming Xu Chief Financial Officer
Xiao Ling Li Member-Supervisory Board
Jin Liu Member-Supervisory Board
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
CHINA CONSTRUCTION BAN..-0.87%189 531
JPMORGAN CHASE & CO.29.47%305 906
WELLS FARGO & CO5.11%286 974
BANK OF AMERICA CORP36.36%233 326
INDUSTRIAL AND COML BA..0.22%233 310
CITIGROUP INC16.02%171 098
More Results