Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
600036.SS
STRONG BUYFLAGChina Merchants Bank Co., Ltd. · Financial Services · China · $133.7B · Avg Vol: $561M/d
China Merchants Bank on this Shanghai line is very cheap at V76 with quality Q58, but momentum at M41 is below the calibrated floor, so stage one fails.
COMPANY DESCRIPTION
China Merchants Bank Co., Ltd. is a premier joint-stock commercial bank in China, widely recognized as the market leader in retail banking and wealth management. The company possesses a powerful competitive moat driven by its high-margin retail franchise, superior asset quality, and advanced digital banking infrastructure. It consistently achieves industry-leading return on equity (ROE) and net interest margins compared to its state-owned peers.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 50.4B | 49.6B | 49.3B | 48.9B | -1.0% | 44.0B | 50.5B | 53.9B | 5.0% |
| EPS | 0.77 | 0.83 | 0.83 | 0.84 | 2.7% | 0.84 | — | — | — |
| Shares | 25.2B | 25.2B | 25.2B | 25.2B | 0.0% | 20.6B | — | — | — |
| Debt | 65.4B | 64.3B | 69.4B | 59.7B | -3.0% | 101.8B | — | — | — |
| Equity | 139.3B | 158.5B | 180.6B | 187.5B | 10.4% | — | — | — | — |
| Op CF | 84.0B | 52.7B | 65.8B | 66.5B | -7.5% | 71.0B | — | — | — |
| Inv CF | -75.7B | -37.6B | -43.1B | -47.9B | — | — | — | — | — |
| Fin CF | -43.7B | -10.7B | 316.5M | -25.0B | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of 600036.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 600036.SS | China Merchants Bank Co., Ltd.(you) | $133.7B | 83 | STRONG BUY |
| CRIN.DE | UniCredit S.p.A. | $131.7B | 88 | STRONG BUY |
| USB | U.S. Bancorp | $99.6B | 82 | STRONG BUY |
| ISP.MI | Intesa Sanpaolo S.p.A. | $118.2B | 78 | BUY |
| BNP.PA | BNP Paribas SA | $126.9B | 76 | BUY |
| LLD.DE | Lloyds Banking Group plc | $83.7B | 83 | STRONG BUY |
| ITUB | Itaú Unibanco Holding S.A. | $91.3B | 81 | STRONG BUY |
| PNC | The PNC Financial Services Group, Inc. | $100.1B | 77 | BUY |
| 1658.HK | Postal Savings Bank of China Co., Ltd. | $73.1B | 81 | STRONG BUY |
| NWG.L | NatWest Group plc | $69.0B | 85 | STRONG BUY |
Peer medians: ROE 9.6% · P/E 13.0x · Gross margin 83.5%