Industrial and Commercial Bank of China (601398.SS) Stock Price
Industrial and Commercial Bank of China Price
Industrial and Commercial Bank of China (601398.SS) Stock | ISIN CNE000001P37 | WKN A0M4YB. The current Industrial and Commercial Bank of China stock price is 7.2 CNY (2026). Revenue is 849.65 B CNY. Net income is 367.33 B CNY. The P/E ratio is 6.99. Market capitalization is 2.57 T CNY. Industrial and Commercial Bank of China operates in the Finance sector.
Over the last 19 years Industrial and Commercial Bank of China grew revenue by 10.3% annually, reaching 1.64 T CNY. Earnings per share have grown at 12.1% per year over the last 19 years. For Industrial and Commercial Bank of China, the net margin of 21.4% is down versus 22.8% a few years ago. At today's price the dividend yield works out to roughly 4.26%. The payout ratio is around 29% of earnings. The dividend has grown at 19% per year over the past 17 years.
Industrial and Commercial Bank of China stock price
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Stock Price
ⓘHow to Read This Chart
This chart tracks the historical stock price of Industrial and Commercial Bank of China over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.
Total Return vs. Price Return
The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.
Intraday Price Data
When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Industrial and Commercial Bank of China stock reacts to market openings, earnings releases, or breaking news throughout the trading session.
What to Look For
Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Industrial and Commercial Bank of China's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.
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Industrial and Commercial Bank of China Revenue, EBIT, Net Income
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Industrial and Commercial Bank of China Income Statement, Balance Sheet, Cash Flow Statement
| REVENUE (T CNY) |
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| REVENUE GROWTH (%) |
| GROSS MARGIN (%) |
| GROSS INCOME (B CNY) |
| EBIT (B CNY) |
| EBIT MARGIN (%) |
| NET INCOME (B CNY) |
| NET INCOME GROWTH (%) |
| DIVIDEND (CNY)DIV. (CNY) |
| DIVIDEND GROWTH (%)DIV. GROWTH (%) |
| SHARES (B) |
| DOCUMENTS |
| 2022 | 2023 | 2024 | 2025e | 2026e | 2027e | 2028e | 2029e |
|---|---|---|---|---|---|---|---|
| 1.5 | 1.62 | 1.64 | 0.82 | 0.85 | 0.89 | 1.02 | 1.09 |
| 4.68 | 8.21 | 0.95 | -50.16 | 4.09 | 4.88 | 14.35 | 6.73 |
| 49.32 | 45.57 | 45.14 | 90.58 | 87.03 | 82.98 | 72.57 | 67.99 |
| 739.43 | 739.43 | 739.43 | 739.43 | 739.43 | 739.43 | 739.43 | 739.43 |
| 424.24 | 0 | 0 | 513.28 | 530.92 | 567.53 | 666.08 | 728 |
| – | – | – | – | – | – | – | – |
| 346.32 | 349.03 | 350.9 | 360.62 | 367.33 | 380.46 | 383.73 | 421.56 |
| 2.24 | 0.78 | 0.54 | 2.77 | 1.86 | 3.58 | 0.86 | 9.86 |
| 0.29 | 0.3 | 0.31 | 0.45 | 0.3 | 0.31 | - | - |
| 7.41 | 3.45 | 3.33 | 45.16 | -33.33 | 3.33 | – | – |
| 356.41 | 356.41 | 356.41 | 356.41 | 356.41 | 356.41 | 356.41 | 356.41 |
| – | – | – | – | – | – | – | – |
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Income Statement Key Figures
ⓘRevenue and Revenue Growth
Revenue is the starting point of every income statement — it measures the total sales Industrial and Commercial Bank of China generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.
Gross Margin
Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Industrial and Commercial Bank of China retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Industrial and Commercial Bank of China's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.
EBIT and EBIT Margin
EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.
Net Income and Earnings Per Share (EPS)
Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.
Shares Outstanding
The total number of shares Industrial and Commercial Bank of China has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.
Analyst Estimates
The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Industrial and Commercial Bank of China's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.
Industrial and Commercial Bank of China stock margins
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Industrial and Commercial Bank of China Stock Revenue, EBIT, Earnings per Share
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Industrial and Commercial Bank of China business model & stock analysis
Industrial and Commercial Bank of China SWOT Analysis
Strengths
1. Market Leadership: Industrial and Commercial Bank of China Ltd (ICBC) is the largest bank in the world by total assets, providing it with a strong market position and expansive customer base.
2. Extensive Branch Network: ICBC has a vast network of branches, enabling it to reach a wide range of customers across China and internationally.
3. Strong Financial Performance: The bank has consistently recorded robust financial results, with high profitability and strong capital adequacy ratio.
Weaknesses
1. Lack of Diversification: ICBC heavily relies on China's domestic market, which makes it vulnerable to fluctuations in the country's economic conditions.
2. Operational Inefficiencies: Being a large institution, ICBC may face challenges in terms of bureaucratic processes and decision-making agility.
3. Compliance and Regulatory Risks: As a global bank, ICBC operates in multiple regulatory environments, making it susceptible to compliance issues and potential penalties.
Opportunities
1. Expansion into International Markets: ICBC has the opportunity to further expand its presence in international markets to reduce its reliance on the Chinese market and tap into new growth opportunities.
2. Digital Transformation: Embracing technological advancements and enhancing its digital banking capabilities can help ICBC cater to the evolving needs and preferences of customers.
3. Growing Chinese Middle Class: The rising middle class in China presents an opportunity for ICBC to offer a wide range of financial products and services tailored to their needs.
Threats
1. Economic Slowdown: ICBC's performance could be impacted by a slowdown in China's economic growth, affecting loan demand and asset quality.
2. Increasing Competition: The banking industry in China is highly competitive, with the presence of both domestic and international players, which poses a threat to ICBC's market share.
3. Cybersecurity Risks: With the increasing reliance on technology, ICBC faces the threat of cyber-attacks and data breaches, which can lead to financial losses and reputation damage.
Industrial and Commercial Bank of China Eulerpool Fair Value
Industrial and Commercial Bank of China historical P/E ratio, EBIT multiple, and P/S ratio
Industrial and Commercial Bank of China annual returns
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Annual Return
ⓘWhat This Chart Shows
This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.
Price Return
Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.
Dividend Return
Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.
What to Look For
Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.
Industrial and Commercial Bank of China shares outstanding
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Industrial and Commercial Bank of China Dividend History
19 years of dividend payments · 9 consecutive increases
Industrial and Commercial Bank of China dividend history and estimates
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Industrial and Commercial Bank of China dividend payout ratio
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Industrial and Commercial Bank of China Earnings Estimates
Industrial and Commercial Bank of China Earnings Estimates
| Date | EPS estimate | Revenue Estimate | Quarterly report |
|---|---|---|---|
| 4/26/2024 | 0.23CNY | 219.1 BCNY | 2024 Q1 |
| 3/28/2024 | 0.22CNY | 194.01 BCNY | 2023 Q4 |
| 8/31/2023 | 0.24CNY | -CNY | 2023 Q2 |
| 4/29/2023 | 0.29CNY | -CNY | 2023 Q1 |
| 3/30/2023 | 0.23CNY | -CNY | 2022 Q4 |
| 10/28/2022 | 0.23CNY | -CNY | 2022 Q3 |
| 8/31/2022 | 0.24CNY | -CNY | 2022 Q2 |
| 4/29/2022 | 0.24CNY | -CNY | 2022 Q1 |
| 3/30/2022 | 0.22CNY | 215.63 BCNY | 2021 Q4 |
| 10/29/2021 | 0.23CNY | 215.38 BCNY | 2021 Q3 |
EESG©
Eulerpool ESG Scorecard© for the Industrial and Commercial Bank of China stock
EEnvironment
20
Environment
SSocial
20
Social
GGovernance (Corporate Governance)
4
Governance (Corporate Governance)
The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.
Industrial and Commercial Bank of China shareholder structure
| % | Name |
|---|---|
34.79299% | |
31.13991% | |
3.45999% | |
0.67791% | |
0.28448% | |
0.21247% | |
0.18782% | |
0.16775% | |
0.14634% | |
0.08912% |
Industrial and Commercial Bank of China Executives and Management Board
Ms. Yan Xiong
(60)Senior Director of Business
Mr. Jianhua Song
(59)Senior Director of Business
Mr. Lin Liao
(58)Chairman of the Board, Executive Director · since 2019
Mr. Jingwu Wang
(58)Chief Risk Officer, Deputy Head of the Bank, Executive Director · since 2020
Mr. Hongtao Duan
(55)Deputy Head of the Bank, Secretary of the Board
Frequently asked questions about Industrial and Commercial Bank of China
The business model of Industrial and Commercial Bank of China Ltd (ICBC) is primarily focused on providing comprehensive financial services to its clients. As the largest bank in China and one of the largest in the world, ICBC offers a wide range of banking and financial products and services. This includes retail banking, corporate banking, investment banking, asset management, and insurance services. ICBC operates a vast network of branches and subsidiaries both domestically and internationally, catering to the diverse needs of individuals and businesses. Through its robust business model, ICBC aims to drive economic growth, support development initiatives, and enhance financial inclusion for its customers.
Industrial and Commercial Bank of China stock
Industrial and Commercial Bank of China Peer Group
Industrial and Commercial Bank of China Ticker
Industrial and Commercial Bank of China FIGI
All fundamentals and in-depth analysis of 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.