Agricultural Bank of China Revenue 2024

Agricultural Bank of China Revenue

753.36 B CNY

Agricultural Bank of China Dividend yield

4.96 %

Ticker

601288.SS

ISIN

CNE100000RJ0

In 2024, Agricultural Bank of China's sales reached 753.36 B CNY, a 3.87% difference from the 725.31 B CNY sales recorded in the previous year.

The Agricultural Bank of China Revenue history

YEARREVENUE (undefined CNY)GROSS MARGIN (%)
2027e1.01-
2026e0.93-
2025e0.8-
2024e0.75-
2023e0.73-
20221.27-
20211.18-
20201.12-
20191.05-
20180.93-
20170.85-
20160.78-
20150.84-
20140.8-
20130.71-
20120.65-
20110.55-
20100.41-
20090.34-
20080.35-
20070.27-

Agricultural Bank of China Aktienanalyse

What does Agricultural Bank of China do?

The Agricultural Bank of China Ltd (ABC) is one of the largest state-owned banks in China and is headquartered in Beijing. Founded in 1951 as the Agricultural Bank of China, it has evolved into a significant financial institution that operates in all major areas of banking. Its history dates back to the beginnings of the Chinese communist revolution, when the Communists, led by Mao Zedong, took power in China and nationalized all banks with a focus on agricultural development. The Agricultural Bank of China was established in 1951 to promote the financing of rural areas and the development of agricultural production. Over the following decades, the institution expanded and became the main bank for the agricultural sector and rural areas in China. In recent years, the bank has expanded its business model and transformed into a universal financial institution. Today, the Agricultural Bank of China offers a wide range of services and products, ranging from traditional banking services such as deposits, loans, and payments to investment banking and asset management. The bank operates in various sectors, including agriculture, industry, trade, construction, transportation, and real estate. It has a dense network of branches and subsidiaries throughout China. Additionally, the Agricultural Bank of China has also opened branches in 23 countries and territories worldwide. An important product of the bank is RMB business, referring to China's currency, the Renminbi. The bank is the main processor of Renminbi transactions in China and holds a leading position in this field. The Agricultural Bank of China also offers a variety of credit products for businesses and individuals. Commercial credit products include investment loans, working capital loans, and overdraft loans. Individuals can obtain loans from the bank for the purchase of cars, houses, and other consumer goods. In addition, the bank offers various savings products, including savings accounts, fixed deposit accounts, and savings certificates. Customers can also utilize online banking services in addition to traditional banking products. In the investment banking field, the Agricultural Bank of China provides services such as initial public offerings, mergers and acquisitions, and other capital market transactions. Furthermore, the bank also operates in asset management, offering various investment products such as equity funds, bond funds, and index funds. Overall, the Agricultural Bank of China is an important component of the Chinese banking landscape. It has a long history as a source of financing for the agricultural sector and rural areas. In addition, the Agricultural Bank of China has expanded its business model in recent years and is now active in all areas of banking. Agricultural Bank of China ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Revenue Details

Understanding Agricultural Bank of China's Sales Figures

The sales figures of Agricultural Bank of China originate from the total revenue accrued from goods sold or services provided during a specific time period. These numbers are a direct reflection of the company’s ability to translate its products or services into revenue, indicating the demand and market presence.

Year-to-Year Comparison

Analyzing Agricultural Bank of China’s yearly sales data offers insights into the company’s growth and stability. An increase in sales suggests a growing demand for its offerings, efficient marketing, or expansion into new markets. Conversely, a decline might indicate market saturation, increased competition, or less effective strategies.

Impact on Investments

Investors often scrutinize Agricultural Bank of China's sales data to evaluate its financial health and growth prospects. Consistent sales growth can be a promising indicator of the company’s profitability and potential return on investment, influencing stock prices and investor confidence.

Interpreting Sales Fluctuations

Increases in Agricultural Bank of China’s sales indicate market growth, innovation, or effective marketing, often leading to a surge in stock prices. A decline, however, can signal challenges requiring strategic adjustments to enhance market share and profitability.

Frequently Asked Questions about Agricultural Bank of China Stock

How much revenue did Agricultural Bank of China generate this year?

Agricultural Bank of China has achieved a revenue of 753.36 B CNY this year.

How much was the turnover of the company Agricultural Bank of China compared to the previous year?

The revenue of Agricultural Bank of China has increased by 3.87% increased compared to the previous year.

What does revenue mean for investors?

The revenue of a company is an important indicator of its financial performance and attractiveness for investors.

Which factors influence the revenue of Agricultural Bank of China?

The revenue of Agricultural Bank of China is influenced by various factors, including the demand for its products and services, market conditions, and prices.

How is the revenue of Agricultural Bank of China measured?

Revenue is typically measured in units referring to the sale of goods and services provided by the company.

How does an increase in sales affect investments?

An increase in revenue can prompt investors to invest more money in the company as it serves as a positive signal for its financial performance and growth prospects.

What are the possible risks associated with a declining revenue?

A decline in revenue can prompt investors to invest less money in the company, as it is a negative signal for its financial performance and growth prospects.

Why is the sales revenue of Agricultural Bank of China so important for investors?

The revenue of Agricultural Bank of China is an important indicator of financial performance and attractiveness for investors.

What strategic measures can a company take to increase revenue?

A company can take various strategic measures to increase revenue, including developing new products and services, introducing new pricing models, and expanding into new markets.

How much dividend does Agricultural Bank of China pay?

Over the past 12 months, Agricultural Bank of China paid a dividend of 0.21 CNY . This corresponds to a dividend yield of about 4.96 %. For the coming 12 months, Agricultural Bank of China is expected to pay a dividend of 0.22 CNY.

What is the dividend yield of Agricultural Bank of China?

The current dividend yield of Agricultural Bank of China is 4.96 %.

When does Agricultural Bank of China pay dividends?

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

How secure is the dividend of Agricultural Bank of China?

Agricultural Bank of China paid dividends every year for the past 0 years.

What is the dividend of Agricultural Bank of China?

For the upcoming 12 months, dividends amounting to 0.22 CNY are expected. This corresponds to a dividend yield of 5.28 %.

In which sector is Agricultural Bank of China located?

Agricultural Bank of China is assigned to the 'Finance' sector.

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

To receive the latest dividend of Agricultural Bank of China from 7/18/2023 amounting to 0.222 CNY, you needed to have the stock in your portfolio before the ex-date on 7/18/2023.

When did Agricultural Bank of China pay the last dividend?

The last dividend was paid out on 7/18/2023.

What was the dividend of Agricultural Bank of China in the year 2023?

In the year 2023, Agricultural Bank of China distributed 0.207 CNY as dividends.

In which currency does Agricultural Bank of China pay out the dividend?

The dividends of Agricultural Bank of China are distributed in CNY.

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Andere Kennzahlen von Agricultural Bank of China

Our stock analysis for Agricultural 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 Agricultural Bank of China Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.