RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Industrial and Commercial Bank of China ROA 2024

Industrial and Commercial Bank of China ROA

0.01

Industrial and Commercial Bank of China Dividend yield

5.55 %

Ticker

601398.SS

ISIN

CNE000001P37

WKN

A0M4YB

In 2024, Industrial and Commercial Bank of China's return on assets (ROA) was 0.01, a -10.69% increase from the 0.01 ROA in the previous year.

Industrial and Commercial Bank of China Aktienanalyse

What does Industrial and Commercial Bank of China do?

The Industrial and Commercial Bank of China Ltd. (ICBC) is the largest bank in the world by market capitalization and assets. The bank was founded in 1984 and is one of the four state-owned major banks in China. Its headquarters is located in Beijing, and it is present in more than 40 countries. The business model of ICBC mainly focuses on providing financial products and services to small, medium, and large businesses. ICBC is a universal bank that offers financial, insurance, venture capital, and investment products. ICBC is divided into various divisions, including corporate banking, retail banking, asset management, investment banking, and international operations. In corporate banking, ICBC offers a wide range of services, including deposits, loans, foreign exchange transactions, financing, and other financial services. ICBC is also involved in advising companies and supporting mergers and acquisitions. In retail banking, ICBC offers deposits, loans, insurance, investment products, and other financial services. ICBC is also one of China's largest credit card providers. ICBC's asset management division offers a wide range of investment products to its customers, including individual and group investments, as well as fund solutions. ICBC is also involved in asset management for institutional and private clients. In investment banking, ICBC offers a wide range of services, including corporate financing, capital market transactions, mergers and acquisitions, and consulting services. ICBC is also one of the largest stockbrokers in China. ICBC's international operations mainly focus on trade and investment between China and other countries. ICBC has a strong global network of subsidiaries and branches worldwide. ICBC also offers a range of innovative financial products, including mobile payment solutions, e-commerce solutions, and other digital financial services. Overall, ICBC is a universal bank that offers a wide range of financial products and services. It is a leader in the Chinese market and has become one of the most important banks in the world. Industrial and Commercial Bank of China ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Industrial and Commercial Bank of China's Return on Assets (ROA)

Industrial and Commercial Bank of China's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Industrial and Commercial Bank of China's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Industrial and Commercial Bank of China's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Industrial and Commercial Bank of China’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Industrial and Commercial Bank of China Stock

What is the Return on Assets (ROA) of Industrial and Commercial Bank of China this year?

The Return on Assets (ROA) of Industrial and Commercial Bank of China is 0.01 undefined this year.

What was the ROA of Industrial and Commercial Bank of China compared to the previous year?

The ROA of Industrial and Commercial Bank of China has increased by -10.69% compared to the previous year.

What consequences do high ROA have for investors of Industrial and Commercial Bank of China?

A high ROA is advantageous for investors of Industrial and Commercial Bank of China, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Industrial and Commercial Bank of China?

A low ROA can be unfavorable for investors of Industrial and Commercial Bank of China as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Industrial and Commercial Bank of China affect the company?

An increase in ROA of Industrial and Commercial Bank of China can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Industrial and Commercial Bank of China impact the company?

A reduction in the ROA of Industrial and Commercial Bank of China can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Industrial and Commercial Bank of China?

Some factors that can influence the ROA of Industrial and Commercial Bank of China include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Industrial and Commercial Bank of China important for investors?

The ROA of Industrial and Commercial Bank of China is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Industrial and Commercial Bank of China take to improve ROA?

To improve ROA, Industrial and Commercial Bank of China can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Industrial and Commercial Bank of China pay?

Over the past 12 months, Industrial and Commercial Bank of China paid a dividend of 0.3 CNY . This corresponds to a dividend yield of about 5.55 %. For the coming 12 months, Industrial and Commercial Bank of China is expected to pay a dividend of 0.32 CNY.

What is the dividend yield of Industrial and Commercial Bank of China?

The current dividend yield of Industrial and Commercial Bank of China is 5.55 %.

When does Industrial and Commercial Bank of China pay dividends?

Industrial and Commercial Bank of China pays a quarterly dividend. This is distributed in the months of July, August, August, August.

How secure is the dividend of Industrial and Commercial Bank of China?

Industrial and Commercial Bank of China paid dividends every year for the past 20 years.

What is the dividend of Industrial and Commercial Bank of China?

For the upcoming 12 months, dividends amounting to 0.32 CNY are expected. This corresponds to a dividend yield of 5.93 %.

In which sector is Industrial and Commercial Bank of China located?

Industrial and Commercial Bank of China is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Industrial and Commercial Bank of China kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Industrial and Commercial Bank of China from 7/17/2023 amounting to 0.304 CNY, you needed to have the stock in your portfolio before the ex-date on 7/17/2023.

When did Industrial and Commercial Bank of China pay the last dividend?

The last dividend was paid out on 7/17/2023.

What was the dividend of Industrial and Commercial Bank of China in the year 2023?

In the year 2023, Industrial and Commercial Bank of China distributed 0.293 CNY as dividends.

In which currency does Industrial and Commercial Bank of China pay out the dividend?

The dividends of Industrial and Commercial Bank of China are distributed in CNY.

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Andere Kennzahlen von Industrial and Commercial Bank of China

Our stock analysis for Industrial and Commercial Bank of China Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Industrial and Commercial Bank of China Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.