Obermatt

ICBC

SHH:601398 · CNE000001P37
BanksLarge

360

75
Profit price98
Cash yield100
Price/Sales61
EV / Gross Profit35
Price/Book94
Returns on capital30
Profit margins
Cash Conversion71
Accruals35
Owner Earnings Margin93
Sales growth41
Profit Growth100
Long-Term EPS Growth8
Owner Earnings Growth28
Reinvestment89
Price momentum43
Debt load26
Debt serviceability86
Liquidity63
Analyst ratings77
Opinion Changes50
Price Target Upside71
Market mood18
Value Creation10/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

ICBC clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Based on 3/5 components.

Profile

CountryChina
IndustryBanks
SizeLarge
TypePublic Company
ExchangeSEHK
Founded1984
Employees3,787
ISINCNE000001P37
Last UpdateApr 2, 2026
Themes
BankingFinanceFinancial Services

Description

Industrial and Commercial Bank of China Limited, together with its subsidiaries, provides banking products and services in the People's Republic of China and internationally. The company engages in corporate banking, personal banking, investment bank…

Analysis

Deep value

Industrial and Commercial Bank of China Limited lands in the deep-value zone: the price is very low, but so are the business fundamentals.

The price is attractive. You pay 7.8× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone. At today's price, the market is assuming roughly -7% yearly growth; analysts expect 5%. The price, in other words, assumes less than the experts do.

The trajectory is moderate and the balance sheet is adequate. The company scores 10/20 on our value-creation score: creating some value. Analysts lean positive.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
93
2026

All-time high

100

Mar 2026

All-time low

93

Jun 2026

Average rank

96

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
61
Price/Earnings
82
Price/Book
94
Dividend Yield
100
Value (overall)
99

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →