CHINA MERCHANTS BANK

600036
End-of-day quote. End-of-day quote  - 01/20
51.72CNY -0.25%
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: December 2019 2020
Net sales1 269 703290 508
EBITDA --
Operating profit (EBIT)1 117 047122 680
Operating Margin 43,4%42,2%
Pre-Tax Profit (EBT)1 117 132122 478
Net income1 92 86797 342
Net margin 34,4%33,5%
EPS2 3,623,79
Dividend per Share2 1,201,20
Last update 01/17/202001/14/2021
1 CNY in Million
2 CNY
Estimates
Finances - Leverage
Fiscal Period: December 2019 2020
Net Debt --
Net Cash position --
Leverage (Debt / EBITDA) --
Free Cash Flow --
ROE (Net Profit / Equities) 16,8%15,7%
Shareholders' equity1 551 467618 830
ROA (Net Profit / Asset) 1,30%1,23%
Assets1 7 134 2867 887 691
Book Value Per Share2 22,925,4
Cash Flow per Share --
Capex --
Capex / Sales --
Last update 01/17/202001/14/2021
1 CNY in Million
2 CNY
Estimates
Balance Sheet Analysis
Financial Ratios
Size 2020e 2021e
Capitalization 1 300 895 M CNY -
Valuation 2020e 2021e
P/E ratio (Price / EPS) 14,1x 12,1x
Capitalization / Revenue 4,50x 4,09x
Yield (DPS / Price) 2,33% 2,75%
Price to book (Price / BVPS) 2,00x 1,83x
Profitability 2020e 2021e
Operating Margin (EBIT / Sales) 64,0% 66,8%
Operating Leverage (Delta EBIT / Delta Sales) 8,04x 1,49x
Net Margin (Net Profit / Revenue) 32,5% 33,8%
ROA (Net Profit / Asset) 1,22% 1,29%
ROE (Net Profit / Equities) 15,0% 15,9%
Rate of Dividend 32,8% 33,4%
Balance Sheet Analysis 2020e 2021e
CAPEX / Sales   0 0
Cash Flow / Sales - -
Capital Intensity (Assets / Sales) 26,8x 26,3x
Financial Leverage (Net Debt / EBITDA) - -
Price Earning Ratio
EPS & Dividend