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1398

1398.HK

Industrial and Commercial Bank of China Limited

$6.62
-0.15
 (-2.22%)
Exchange:  HKSE
Market Cap:  3.097T
Shares Outstanding:  363.336B
Delayed data
Calculate 1398.HK Intrinsic Value
5-year outlook →
Overview
Earnings
Financials
Valuation
Chart

About The Company

Sector:  Financial Services
Industry:  Banks – Diversified
   
CEO:  Lin Liao
Full Time Employees:  415159
Address: 
55 Fuxingmennei Avenue
Beijing
100140
CN
Website:  https://www.icbc-ltd.com
Industrial and Commercial Bank of China Limited (ICBC), together with its affiliated entities, functions as a leading financial institution, delivering a broad spectrum of banking products and services both within the People’s Republic of China and across global markets. Its activities are primarily structured into three distinct divisions: Corporate Banking, Personal Banking, and Treasury Operations. The Corporate Banking segment provides bespoke financial solutions to enterprises, governmental bodies, and other financial organizations, encompassing services such as corporate lending, trade financing, deposit facilities, institutional wealth management, custody arrangements, and various business intermediary services. Conversely, the Personal Banking segment caters to individual customers, offering products like personal loans, card services, deposit accounts, and personal wealth management and advisory services. The Treasury Operations segment is dedicated to managing the bank’s liquidity through money market activities, investments in securities, foreign exchange dealings, and the management of derivative positions. Beyond these core areas, ICBC also furnishes e-banking platforms, investment banking expertise, financial leasing options, and insurance products. Established in 1984, the company’s headquarters are situated in Beijing, China.

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Revenue Segmentation

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EPS

Historical EPS and analyst estimates in one chart. Log in for the full interactive view and links to detailed estimates.

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Earnings Call

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Income Statement
Balance Sheet
Cash Flow Statement
Analyst Estimates

Income Statement

Year202320242025
Revenue656,939,000660,387,0001,530,201,000
Gross Profit838,048,000660,387,000666,464,870
EBITDA456,740,000456,365,000430,201,100
Operating Income487,000,000488,559,000413,450,152
Net Income363,993,000365,863,000359,023,207

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(* All numbers are in thousands)

Balance Sheet

Year202320242025
Total Assets44,697,079,00048,821,746,00053,500,652,088
Total Liabilities40,920,491,00044,834,480,00049,496,645,809
Total Stockholders Equity3,756,887,0003,969,841,0003,976,229,400
Total Debt1,898,250,0002,599,150,00010,275,389,181
Cash and Cash Equivalents5,298,435,0004,751,029,0003,674,421,334

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(* All numbers are in thousands)

Cash Flow Statement

Year202320242025
Operating Cash Flow1,417,002,000579,194,000457,313,751
Capital Expenditure-14,494,000-35,585,000-47,711,369
Free Cash Flow1,402,508,000543,609,000409,602,382
Net Income365,116,000366,946,000359,023,207
Net Change in Cash828,881,000-465,328,000-521,394,000

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(* All numbers are in thousands)

Analyst Estimates

Fiscal Year2028Full AccessFull AccessFull AccessFull Access
Estimated Revenue (Low)900,909,611.387Full AccessFull AccessFull AccessFull Access
Estimated Revenue (High)1,028,607,569.261Full AccessFull AccessFull AccessFull Access
Estimated Revenue (Avg)968,317,451.758Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (Low)549,963,532.051Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (High)627,917,212.487Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (Avg)591,112,892.109Full AccessFull AccessFull AccessFull Access
Estimated Net Income (Low)388,864,985.491Full AccessFull AccessFull AccessFull Access
Estimated Net Income (High)415,353,153.731Full AccessFull AccessFull AccessFull Access
Estimated Net Income (Avg)402,109,069.611Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (Low)199,136,048.010Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (High)227,362,261.104Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (Avg)214,035,801.289Full AccessFull AccessFull AccessFull Access
Estimated EPS (Avg)1.130Full AccessFull AccessFull AccessFull Access
Estimated EPS (High)1.170Full AccessFull AccessFull AccessFull Access
Estimated EPS (Low)1.090Full AccessFull AccessFull AccessFull Access
Number of Analysts (Estimated Revenue)7Full AccessFull AccessFull AccessFull Access
Number of Analysts (Estimated EPS)5Full AccessFull AccessFull AccessFull Access

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(* All numbers are in thousands)

Current Key Metrics

?Revenue
 (TTM)
: 
  ?P/S
 (TTM)
: 
1.97
?Net Income
 (TTM)
: 
  ?P/E
 (TTM)
: 
7.09
?Enterprise Value
 (TTM)
: 
10.859T  ?EV/FCF
 (TTM)
: 
84.06
?Dividend Yield
 (TTM)
: 
0.04  ?Payout Ratio
 (TTM)
: 
0.38
?ROE
 (TTM)
: 
0.09  ?ROIC
 (TTM)
: 
0.01
?Net Debt
 (TTM)
: 
  ?Debt/Equity
 (TTM)
: 
2.88
?P/B
 (TTM)
: 
0.63  ?Current Ratio
 (TTM)
: 
1.11

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Forward P/E Ratios

?

Forward P/E (Avg EPS estimate) — log in with Full Access for high/low estimates and the interactive table.

Forward P/E 1YFull AccessFull AccessFull AccessFull Access
43.72Full AccessFull AccessFull AccessFull Access

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SWOT Analysis

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At what price to buy it? -
Intrinsic Value Calculator

This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.

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Common questions about 1398.HK valuation

Is Industrial and Commercial Bank of China Limited (1398.HK) overvalued or undervalued right now?

MARKETSnap estimates intrinsic value for Industrial and Commercial Bank of China Limited (1398.HK) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.

Is 1398.HK a buy, hold, or sell for long-term investors?

MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether 1398.HK trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.

What is 1398.HK’s P/E ratio?

You can see 1398.HK’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.

How is intrinsic value calculated for 1398.HK?

MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.

Is 1398.HK a good long-term investment?

Whether 1398.HK fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.

1398.HK

1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.

Daily snapshot

-2.22
MARKETSnap

Trading Metrics:

Open: 6.82   Previous Close: 6.77
Day Low: 6.52   Day High: 6.83
Year Low: 5.56   Year High: 7.32
Price Avg 50: 6.96   Price Avg 200: 6.45
Volume: 192.266M   Average Volume: 208.396M

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