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Last CNY9.28 CNY
Change Today +0.37 / 4.15%
Volume 522.3M
As of 3:05 AM 09/2/15 All times are local (Market data is delayed by at least 15 minutes).

china minsheng banking-a (600016) Snapshot

Open
CNY8.60
Previous Close
CNY8.91
Day High
CNY9.31
Day Low
CNY8.56
52 Week High
12/29/14 - CNY11.54
52 Week Low
10/27/14 - CNY6.10
Market Cap
313.2B
Average Volume 10 Days
311.4M
EPS TTM
CNY1.34
Shares Outstanding
29.6B
EX-Date
--
P/E TM
6.9x
Dividend
CNY0.15
Dividend Yield
2.00%
Current Stock Chart for CHINA MINSHENG BANKING-A (600016)

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china minsheng banking-a (600016) Details

China Minsheng Banking Corp., Ltd. provides various financial products and services to individuals, corporate customers, government agencies, and financial institutions in the People's Republic of China. It operates through Corporate Banking, Personal Banking, Treasury, and Others segments. The company’s deposit products include saving accounts, deposit certificates, contracted deposits, agreement deposits, call deposits, corporate term deposits, and corporate current deposits. It offers individual consumption credit; automobile loans; individual credit line revolving loans; house mortgage loans; individual self-service pledge loans; Min Yi Dai loans for purchasing cars or real estate, house decoration, travelling, and studying abroad purposes; and debit and credit cards, and forex settlement and remittance, as well as Internet, mobile, and telephone banking services. The company also offers smart home cards and loans; medium and long term loans; working capital loans; trade, structured, composite, receivable, prepaid, and real estate finance and various other financial services; and cash management services. In addition, it provides convenient finance, investment banking, and asset management services, as well as non-financial services in education, business travel, traveler, art, luxury life, health, club, and isports areas. Further, the company offers micro lending, residential mortgage, consumer credit, foreign exchange trading, interest rate and foreign exchange derivatives transactions, money market transactions, proprietary trading, and asset-liability management services. As of December 31, 2014, it had 39 tier-one branches. China Minsheng Banking Corp., Ltd. was founded in 1996 and is headquartered in Beijing, the People's Republic of China.

59,015 Employees
Last Reported Date: 08/28/15
Founded in 1996

china minsheng banking-a (600016) Top Compensated Officers

Chairman, Acting President, Member of Nominat...
Total Annual Compensation: CNY4.2M
Chief Financial Officer and General Manager o...
Total Annual Compensation: --
Vice Chairman, Managing Director, Vice Presid...
Total Annual Compensation: CNY4.0M
Executive Vice President
Total Annual Compensation: --
Joint Company Secretary
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

china minsheng banking-a (600016) Key Developments

China Minsheng Banking Proposes Amendments to the Articles of Association

China Minsheng Banking Corp. Ltd. proposed amendments to the articles of association. The current Article 24 of the Articles of Association reads: "As at 2 April 2012, the share capital of the Bank comprised 28,365,585,227 ordinary shares in issue, including 22,587,602,387 domestically listed shares and 5,777,982,840 H shares, representing approximately 79.63% and 20.37% of the total issuable ordinary shares of the Bank respectively. The above calculation includes bonus shares distributed by the Bank, shares issued upon capitalization of capital reserve and shares issued upon the exercise of convertible bonds by creditors up to 2 April 2012." It is proposed to be amended as follows: "As at 1 July 2015, the share capital of the Bank comprised 36,485,348,752 ordinary shares in issue, including 29,551,769,344 domestically listed shares and 6,933,579,408 H shares, representing approximately 81.00% and 19.00% of the total issuable ordinary shares of the Bank respectively. The above calculation includes bonus shares distributed by the Bank, shares issued upon capitalization of capital reserve and shares issued upon the exercise of convertible bonds by creditors up to 1 July 2015." The current Article 27 of the Articles of Association reads: "The registered capital of the Bank is RMB2 8,365,585,227 which is equal to the paid- up capital." It is proposed to be amended as follows: "The registered capital of the Bank is RMB36,485,348,752 which is equal to the paid-up capital".

China Minsheng Banking Corp. Ltd. Announces Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2015

China Minsheng Banking Corp. Ltd. announced unaudited consolidated earnings results for the six months ended June 30, 2015. For the period, the company's net interest income was RMB 46,994 million compared with RMB 43,600 million a year ago. Operating income was RMB 76,612 million against RMB 64,952 million a year ago. Profit before income tax was RMB 35,529 million compared with RMB 34,397 million a year ago. Net profit attributable to equity shareholders of the bank was RMB 26,778 million or RMB 0.74 per diluted share compared with RMB 25,570 million or RMB 0.71 per diluted share a year ago. Return on average assets was 1.31% against 1.54% a year ago. Return on average shareholders' equity was 20.58% against 24.36% a year ago. Net cash generated from operating activities was RMB 77,083 million compared with RMB 104,544 million a year ago. Cash payment for purchase of property and equipment, intangible assets and other long-term assets was RMB 4,066 million compared with RMB 5,410 million a year ago. Net assets per share attributable to equity shareholders of the bank was RMB 7.68 per share as on June 30, 2015.

China Minsheng Banking Corp. Ltd. to Report First Half, 2015 Results on Aug 29, 2015

China Minsheng Banking Corp. Ltd. announced that they will report first half, 2015 results on Aug 29, 2015

 

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600016:CH CNY9.28 CNY +0.37

600016 Competitors

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Bank of Communications Co Ltd CNY6.96 CNY +0.20
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Industrial Bank Co Ltd CNY14.72 CNY -0.13
Shanghai Pudong Development Bank Co Ltd CNY14.89 CNY -0.44
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Industry Analysis

600016

Industry Average

Valuation 600016 Industry Range
Price/Earnings 7.2x
Price/Sales 2.7x
Price/Book 1.2x
Price/Cash Flow 5.8x
TEV/Sales NM Not Meaningful
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