China Construction Bank (0939) AI Stock Analysis

• Market Cap: $2.00T
• Dividend Yield: 5.78%
• Average Volume (3M): 224.33M
• Price to Earnings (P/E): 5.2
• Beta (1Y): 0.58
• Revenue Growth: -3.01%
• EPS Growth: 0.90%
• Country: HK
• Employees: 376,847
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Diversified
• EPS (TTM): 0.33
• Shares Outstanding: 240,417,310,000
• 10 Day Avg. Volume: 250,092,173
• 30 Day Avg. Volume: 224,332,769
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 4.56
• Enterprise Value/Revenue: 10.07
• Enterprise Value/Gross Profit: 9.83
• Enterprise Value/Ebitda: 24.53
• 1Y Price Target: $9.26
• Price Target Upside: 23.81% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3

• Rating: 77 Outperform
• Price Target: HK$8.50 ▲(13.64% Upside)

China Construction Bank's strong financial performance and positive earnings call sentiment are the primary drivers of its overall score. The bank's robust balance sheet and profitability metrics provide a solid foundation, while strategic initiatives in green and digital finance enhance future growth prospects. Technical analysis indicates mixed signals, with short-term bearish momentum but longer-term bullish trends. The stock's attractive valuation further supports its investment appeal.

Positive Factors

Negative Factors

China Construction Bank Business Overview & Revenue Model

Company Description

China Construction Bank Corporation provides various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally. It operates through Corporate Banking, Personal Banking, Treasury Business, and Others segments. The company accepts various deposits, such as foreign currency, all in one accounts, RMB, corporate term and notification, and corporate demand deposits, as well corporate deposits by agreement. Its loan products include personal business, car, and housing loans; and SME, traditional credit, commercial draft, buyer credit, and RMB credit line loans. The company also offers credit cards; physical gold for personal investment and personal gold accounts; foreign exchange services; certificate treasury and savings bonds, securities deposit accounts, and securities services, as well as bank-securities transfer and book-entry treasury bond over the counter services; and wealth management products. In addition, it provides collection, salaries payment, third-party collection and payment, insurance agency, and remittance services; international settlement and financing, and FI services; securities and fund settlement services; guarantee-based, consulting and advising, and factoring services; fund custody services; and e-banking services. Further, the company offers institutional services comprising services for government agencies, social security, banks cooperation, bank-securities cooperation, bank-insurance cooperation, and services for non-banking financial institutions. It operates 14,741 banking outlets. China Construction Bank Corporation was founded in 1954 and is headquartered in Beijing, the People's Republic of China.

How the Company Makes Money

China Construction Bank generates revenue through several key streams. The primary source of income is interest income, which comes from loans extended to individuals and businesses. CCB provides various types of loans, including personal loans, mortgages, and corporate loans, with interest rates that contribute significantly to its earnings. Additionally, the bank earns fee-based income from services such as wealth management, credit card services, and transaction fees associated with various banking services. Investment operations, including trading and investment in securities, also contribute to its revenue. Furthermore, strategic partnerships and collaborations with domestic and international financial institutions enhance its service offerings and create additional revenue opportunities. Overall, the bank's diversified financial services and extensive customer base are crucial to its profitability.

China Construction Bank Financial Statement Overview

Summary

China Construction Bank demonstrates solid financial health across all verticals. The income statement reflects strong profitability with stable margins, although revenue growth is moderate. The balance sheet is particularly strong, highlighting financial stability and low leverage. Cash flow generation is robust, though free cash flow growth varies. Overall, the bank is well-positioned in the industry with strong financials supporting its operations.

Income Statement

China Construction Bank shows a solid gross profit margin consistently aligned with its total revenue, indicating efficient cost management. The net profit margin is also robust, demonstrating strong profitability. However, revenue growth has been moderate, with fluctuations over the years. EBIT and EBITDA margins were only available for some years, showing good profitability when available.

Balance Sheet

The bank maintains a very strong equity position with a significant equity ratio, highlighting stability. The debt-to-equity ratio is exceptionally healthy, with negligible debt levels in recent years. Return on equity shows a stable and strong return, reflecting efficient use of shareholders' equity to generate profits.

Cash Flow

Operating cash flow is strong, and free cash flow has shown substantial growth in some years, although it declined in the latest period. Cash flow ratios indicate that the bank effectively converts its net income into operational liquidity, however, free cash flow growth has fluctuated.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	904.60B	607.87B	622.34B	821.28B	822.64B	754.96B
Gross Profit	925.99B	749.57B	1.41T	821.28B	822.64B	754.96B
EBITDA	371.28B	414.61B	26.13B	935.68B	0.00	916.20B
Net Income	333.33B	335.58B	332.65B	324.73B	302.51B	271.05B
Balance Sheet
Total Assets	44.43T	40.57T	38.32T	34.60T	30.25T	28.13T
Cash, Cash Equivalents and Short-Term Investments	4.07T	4.77T	3.95T	3.89T	3.23T	3.74T
Total Debt	3.43T	2.87T	6.61T	2.00T	1.62T	1.29T
Total Liabilities	40.85T	37.23T	35.15T	31.72T	27.64T	25.74T
Stockholders Equity	3.56T	3.32T	3.01T	2.86T	2.59T	2.36T
Cash Flow
Free Cash Flow	1.28T	308.85B	560.60B	954.67B	415.48B	554.94B
Operating Cash Flow	1.30T	338.02B	585.69B	978.42B	436.72B	580.68B
Investing Cash Flow	-1.44T	-692.63B	-821.25B	-651.67B	-518.55B	-642.16B
Financing Cash Flow	67.87B	-7.20B	-47.33B	-6.42B	16.12B	-89.96B

China Construction Bank Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 7.48
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0939, the sentiment is Negative. The current price of 7.48 is below the 20-day moving average (MA) of 7.63, below the 50-day MA of 7.79, and above the 200-day MA of 6.99, indicating a neutral trend. The MACD of -0.10 indicates Positive momentum. The RSI at 42.76 is Neutral, neither overbought nor oversold. The STOCH value of 36.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0939.

China Construction Bank Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1398	78 Outperform	HK$2.65T	5.21	―	6.03%	-3.35%	0.58%
0939	77 Outperform	$2.00T	5.20	10.22%	5.78%	-3.01%	0.90%
3988	77 Outperform	HK$1.55T	4.91	―	6.14%	-1.13%	2.56%
3968	74 Outperform	HK$1.13T	7.35	―	4.68%	-3.23%	1.81%
3328	73 Outperform	HK$598.26B	4.99	7.29%	6.31%	―	1.69%
1288	73 Outperform	HK$2.49T	5.96	9.09%	4.99%	-1.70%	11.36%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

China Construction Bank Corporate Events

China Construction Bank’s 2025 Half-Year Report Emphasizes Capital Adequacy and Risk Management

The China Construction Bank’s Capital Management Pillar III Half-Year Report 2025 highlights the bank’s regulatory capital and risk management strategies. The report provides an overview of key prudential regulatory indicators, risk-weighted assets, and the composition of regulatory capital and total loss-absorbing capacity. It underscores the bank’s commitment to maintaining robust capital adequacy and risk management frameworks, which are crucial for its stability and competitiveness in the global banking sector.

The most recent analyst rating on (HK:0939) stock is a Buy with a HK$9.20 price target. To see the full list of analyst forecasts on China Construction Bank stock, see the HK:0939 Stock Forecast page.

China Construction Bank Announces Interim Dividend for 2025

China Construction Bank Corporation has announced an interim cash dividend of RMB 1.858 per 10 shares for the six months ending June 30, 2025. The announcement reflects the bank’s ongoing commitment to providing value to its shareholders, with the exact payment details, including the exchange rate and payment date, to be announced later. This decision underscores the bank’s stable financial performance and its strategic approach to maintaining shareholder confidence amidst a dynamic economic environment.

The most recent analyst rating on (HK:0939) stock is a Buy with a HK$9.20 price target. To see the full list of analyst forecasts on China Construction Bank stock, see the HK:0939 Stock Forecast page.

China Construction Bank Approves Key Financial Resolutions

China Construction Bank’s board of directors approved two significant resolutions during their meeting on August 29, 2025. The first resolution involved the approval of the CCB Half-Year Capital Management Pillar III Report 2025. The second resolution authorized the issuance of capital instruments and TLAC non-capital debt instruments, with a total issuance amount not exceeding RMB700 billion. This strategic move aims to enhance the bank’s capital and total loss-absorbing capacity, positioning CCB to better manage financial risks and strengthen its market presence.

The most recent analyst rating on (HK:0939) stock is a Buy with a HK$9.20 price target. To see the full list of analyst forecasts on China Construction Bank stock, see the HK:0939 Stock Forecast page.

China Construction Bank Approves Key Resolutions in Board Meeting

The Board of Supervisors of China Construction Bank held a meeting on August 29, 2025, in Beijing, where they approved several key resolutions. These included the 2025 Half-Year Report, which was deemed to comply with all relevant laws and regulations, and the Interim Profit Distribution Plan for 2025. The meeting also approved a special report on the management and use of proceeds raised in the first half of 2025, indicating a transparent and compliant operational approach.

The most recent analyst rating on (HK:0939) stock is a Buy with a HK$9.20 price target. To see the full list of analyst forecasts on China Construction Bank stock, see the HK:0939 Stock Forecast page.

China Construction Bank Reports Strong Interim Results for 2025

China Construction Bank Corporation has announced its unaudited consolidated interim results for the first half of 2025. The bank’s board has approved an interim cash dividend of RMB1.858 per ten shares for 2025. The financial statements have been reviewed by Ernst & Young, ensuring their accuracy and completeness. The bank has also highlighted its proactive risk management strategies to address various financial risks, maintaining its strong position in the industry.

The most recent analyst rating on (HK:0939) stock is a Buy with a HK$9.20 price target. To see the full list of analyst forecasts on China Construction Bank stock, see the HK:0939 Stock Forecast page.

China Construction Bank to Host 2025 Interim Results Presentation

China Construction Bank Corporation has announced the convening of its 2025 Interim Results Presentation, scheduled for August 29, 2025. The presentation will be conducted via a live webcast, allowing investors to gain insights into the bank’s interim results and business operations. The event aims to enhance investor understanding and engagement, with opportunities for stakeholders to submit questions in advance, which will be addressed during the presentation.

The most recent analyst rating on (HK:0939) stock is a Buy with a HK$9.20 price target. To see the full list of analyst forecasts on China Construction Bank stock, see the HK:0939 Stock Forecast page.