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China Minsheng Banking Corp Ltd Class H (CGMBF)
OTHER OTC:CGMBF

China Minsheng Banking (CGMBF) AI Stock Analysis

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China Minsheng Banking (CGMBF) vs. SPDR S&P 500 ETF (SPY)

China Minsheng Banking Business Overview & Revenue Model

Company DescriptionChina Minsheng Banking Corp., Ltd. provides various financial products and services to individuals, small and micro-enterprises, corporate customers, government agencies, and financial institutions in the People's Republic of China. The company operates through Corporate Banking, Retail Banking, and Others segments. Its deposit products include saving accounts, deposit certificates, contracted deposits, agreement deposits, call deposits, corporate term deposits, and corporate current deposits. The company also offers personal housing mortgage, individual automobile purchase, household composite consumption, home, medium and long term, and short-term working capital loans; micro-credit products for individuals; debit and credit cards; and safe deposit boxes. In addition, it provides payment and collection, and clearing services, as well as internet, mobile, and telephone banking services. Further, the company offers gross settlement; wages distribution agency and letter of guarantee; cash management; trade finance; industrial chain finance; individual forex settlement, forex remittance, travelers promissory notes, collection, individual deposit certificate, and guarantee letter products; and comprehensive credit granting, forex settlement and sale, financial product investment, and trust financing services. Additionally, it provides convenient finance, investment banking, and asset management services, as well as non-financial services in the education, business travel, traveler, art, luxury life, health, club, and isports areas. As of December 31, 2021, the company has approximately 140 branch-level institutions, 1,193 business outlets, 1,078 community sub-branches, and 136 small business sub-branches. China Minsheng Banking Corp., Ltd. was founded in 1996 and is headquartered in Beijing, the People's Republic of China.
How the Company Makes Money

China Minsheng Banking Financial Statement Overview

Summary
China Minsheng Banking demonstrates strong profitability and a stable balance sheet with low leverage, positioning it well in the regional banking industry. However, a decline in revenue and negative cash flow indicate potential challenges.
Income Statement
70
Positive
China Minsheng Banking has shown a stable gross profit margin, maintaining 100% as expected for a bank. The net profit margin slightly decreased year-over-year to 23.7% from 25.4%. Revenue growth has been negative, with a decrease of 3.2% from 2022 to 2023, indicating a challenging environment. EBIT and EBITDA margins are missing for the latest period, and past trends indicate variability in EBIT contributions. Overall, the income statement reflects a strong profitability profile but highlights pressures on revenue growth.
Balance Sheet
78
Positive
The bank maintains a solid equity base with an equity ratio of 8.2%. The debt-to-equity ratio has improved significantly, dropping to 0, indicating no debt, although previous years showed higher leverage. Return on Equity (ROE) has been consistent, with a slight dip to 5.0% from 5.7% in the prior year. These metrics showcase a stable financial position with low leverage risks and adequate equity backing, supporting the bank's resilience.
Cash Flow
65
Positive
Operating cash flow has experienced fluctuations, turning significantly negative in the latest year, with free cash flow also negative, indicating potential liquidity challenges. The operating cash flow to net income ratio is negative due to the negative operating cash flow, reflecting operating difficulties. Historical free cash flow showed positive trends but has reversed recently. These factors suggest potential short-term liquidity risks, although past performance was more stable.
Breakdown
TTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
138.83B136.29B140.82B142.48B168.80B184.95B
Gross Profit
138.83B136.29B140.82B142.48B168.80B184.95B
EBIT
69.81B80.28B37.36B191.63B35.13B35.91B
EBITDA
8.05B0.000.000.000.000.00
Net Income Common Stockholders
31.61B32.30B35.82B35.27B34.38B34.31B
Balance SheetCash, Cash Equivalents and Short-Term Investments
587.30B620.77B721.11B634.86B625.80B682.30B
Total Assets
7.78T7.81T7.67T7.26T6.95T6.95T
Total Debt
0.000.00790.82B753.77B785.27B1.13T
Net Debt
-587.30B-620.77B-721.11B118.91B159.47B444.22B
Total Liabilities
7.12T7.16T7.04T753.77B785.27B1.13T
Stockholders Equity
652.21B642.86B624.60B599.93B574.28B529.54B
Cash FlowFree Cash Flow
-224.31B-241.34B65.00B155.56B145.95B-90.22B
Operating Cash Flow
-221.73B-231.64B73.68B166.27B155.42B-82.40B
Investing Cash Flow
57.94B-42.82B41.76B-112.33B117.91B7.58B
Financing Cash Flow
204.15B221.86B-7.26B-96.20B-266.72B92.05B

China Minsheng Banking Peers Comparison

Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
$26.50B4.615.54%10.55%
64
Neutral
$12.86B9.797.78%16985.65%12.28%-7.82%
$46.08B9.4011.58%5.04%
$31.83B5.487.87%8.14%
$61.38B5.45
7.71%
$27.17B11.9411.23%6.11%
77
Outperform
HK$556.66B5.4710.41%5.52%-1.43%5.12%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
CGMBF
China Minsheng Banking
0.46
0.08
21.05%
BNKHF
BOC Hong Kong (Holdings)
4.36
1.44
49.32%
CEBCF
China Everbright Bank Co
0.47
0.19
67.86%
CHBJF
China CITIC Bank
0.88
0.34
62.96%
HSNGF
Hang Seng Bank
14.27
1.52
11.92%
HK:1658
Postal Savings Bank of China Co., Ltd. Class H
5.18
1.23
31.14%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.