China Minsheng Banking (CGMBF) AI Stock Analysis

• Market Cap: $26.50B
• Dividend Yield: 10.55%
• Average Volume (3M): 583.00
• Price to Earnings (P/E): 4.6
• Beta (1Y): 0.25
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 63,490
• Sector: Financial
• Sector Strength: 81
• Industry: Banks - Regional
• EPS (TTM): 0.04
• Shares Outstanding: 8,320,296,000
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 583
• PEG Ratio: -0.89
• Price to Book (P/B): 0.23
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -0.76
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $0.50
• Price Target Upside: 8.70% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

China Minsheng Banking Business Overview & Revenue Model

Company Description

China 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

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

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

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
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
138.83B	136.29B	140.82B	142.48B	168.80B	184.95B
	Gross Profit
138.83B	136.29B	140.82B	142.48B	168.80B	184.95B
	EBIT
69.81B	80.28B	37.36B	191.63B	35.13B	35.91B
	EBITDA
8.05B	0.00	0.00	0.00	0.00	0.00
	Net Income Common Stockholders
31.61B	32.30B	35.82B	35.27B	34.38B	34.31B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
587.30B	620.77B	721.11B	634.86B	625.80B	682.30B
	Total Assets
7.78T	7.81T	7.67T	7.26T	6.95T	6.95T
	Total Debt
0.00	0.00	790.82B	753.77B	785.27B	1.13T
	Net Debt
-587.30B	-620.77B	-721.11B	118.91B	159.47B	444.22B
	Total Liabilities
7.12T	7.16T	7.04T	753.77B	785.27B	1.13T
	Stockholders Equity
652.21B	642.86B	624.60B	599.93B	574.28B	529.54B
Cash Flow		Free Cash Flow
-224.31B	-241.34B	65.00B	155.56B	145.95B	-90.22B
	Operating Cash Flow
-221.73B	-231.64B	73.68B	166.27B	155.42B	-82.40B
	Investing Cash Flow
57.94B	-42.82B	41.76B	-112.33B	117.91B	7.58B
	Financing Cash Flow
204.15B	221.86B	-7.26B	-96.20B	-266.72B	92.05B

China Minsheng Banking Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CGMBF		$26.50B	4.61	5.54%	10.55%	―	―
Sector *	64 Neutral	$12.86B	9.79	7.78%	16985.65%	12.28%	-7.82%
BNKHF		$46.08B	9.40	11.58%	5.04%	―	―
CEBCF		$31.83B	5.48	7.87%	8.14%	―	―
CHBJF		$61.38B	5.45		7.71%	―	―
HSNGF		$27.17B	11.94	11.23%	6.11%	―	―
1658	77 Outperform	HK$556.66B	5.47	10.41%	5.52%	-1.43%	5.12%