HKG/3968 (HKG/3968)

Hong Kong Stock Exchange: HKG/3968 · HKD

HK$52.2

-0.45 (-0.9%)· Recorded snapshot

Market cap	1.3T
Revenue (ttm)	347.8B
Net income (ttm)	169B
EPS (ttm)	HK$6.81
P/E (trailing)	7.7x
P/E (forward)	7.0x
Dividend	HK$2.27 (4.36%)
Volume	13,168,986
Beta	0.47

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 347.8B
Net income (ttm): 169B
EPS (ttm): HK$6.81
P/E (trailing): 7.7x
P/E (forward): 7.0x
Market cap: 1.3T

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E7

P25 n/aP50 n/aP75 n/a

Trailing P/E7.7

P25 n/aP50 n/aP75 n/a

ROE11.5

P25 n/aP50 n/aP75 n/a

ROICn/a

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All HKG/3968 indicators

Market & fundamental data

Available fields

219

Groups with data

Currency

CNY

Showing 219 of 219 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	HKD
Country	China
Country code	HK
Earnings date	2026-10-30
Employees	121,959
Employees change	374
Employees growth	0.31%
Exchange	Hong Kong Stock Exchange
Financial currency	CNY
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1987
Industry	Banks - Regional
Is primary listing	No
ISIN number	CNE1000002M1
Last earnings date	2026-08-28
Last refreshed	2026-10-28
Last stock split date	2009-05-18
Last stock split type	Forward
Market cap	HKD 1.3T
Next earnings date	2026-10-30
Price	HKD 52.15
Price currency	HKD
Sector	Financials
SIC code	6020
Stock price date	2026-10-28
Symbol	hkg/3968
Website	https://www.cmbchina.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Average P/E ratio (10Y)	8.48x
Average P/E ratio (3Y)	6.67x
Average P/E ratio (5Y)	7.32x
Earnings yield	13.07%
FCF yield	52.88%
Forward P/E	7x
Graham number	100.73769
Graham upside	93.17%
Industry forward P/E	7.81x
Industry P/E	7.56x
Lynch fair value	HKD 45.11
Lynch upside	-13.5%
P/B ratio	0.81x
P/E ratio	7.65x
P/FCF ratio	1.89x
P/OCF ratio	1.76x
P/S ratio	3.63x
Price / tangible book value	0.82x
Sector forward P/E	7.77x
Sector P/E	7.72x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
Effective tax rate	15.59%
FCF margin	188.17%
Operating margin	60%
Pretax margin	60.02%
Profit margin	50.35%
Profit per employee	HKD 1.4M
Profitable quarters	98
Profitable years	27
Revenue per employee	HKD 2.9M
ROA	1.15%
ROA (5Y)	1.34%
ROE	11.52%
ROE (5Y)	13.98%
Tax / revenue	9.35%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	2.35%
EPS growth (Q)	5.67%
EPS growth (QoQ)	-0%
EPS growth 10Y	9.3%
EPS growth 3Y	1.63%
EPS growth 5Y	6.73%
EPS growth quarters	2
EPS growth years	11
FCF growth	28.5%
FCF growth (Q)	356.95%
FCF growth (QoQ)	34.06%
FCF growth 3Y	4.55%
FCF growth 5Y	30.71%
Net income growth	2.1%
Net income growth (Q)	2.52%
Net income growth (QoQ)	-0.63%
Net income growth 3Y	1.71%
Net income growth 5Y	6.46%
Net income growth quarters	5
Net income growth years	16
OCF growth	31.33%
OCF growth (Q)	353.31%
OCF growth (QoQ)	42.04%
OCF growth 3Y	5.2%
OCF growth 5Y	29.09%
Revenue growth	1.71%
Revenue growth (Q)	3.33%
Revenue growth (QoQ)	6.68%
Revenue growth 10Y	7.66%
Revenue growth 3Y	0.56%
Revenue growth 5Y	4.26%
Revenue growth years	0

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	HKD -50.4B
EPS	HKD 6.81
Financing cash flow	HKD -179.9B
Free cash flow	HKD 667.2B
Gross profit	HKD 347.8B
Income taxes	HKD 32.5B
Investing cash flow	HKD -365.7B
Net borrowing	HKD -27.1B
Net cash flow	HKD 167.2B
Net income	HKD 169B
Operating income	HKD 208.7B
Revenue	HKD 347.8B

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Book value per share	HKD 52.42
Debt / equity	0.41
Debt / FCF	0.97
Goodwill	HKD 11.7B
Net cash (debt)	HKD 939.2B
Net cash / market cap	74.43%
Net cash growth	173.72%
Net debt / equity	-0.6
Net debt / FCF	-1.41
Piotroski F-Score	4
Property, plant and equipment	HKD 173.1B
Shareholders' equity	HKD 1.6T
Tangible book value	HKD 1.5T
Tangible book value per share	HKD 51.70
Total assets	HKD 15.9T
Total cash	HKD 1.6T
Total debt	HKD 647.2B
Total liabilities	HKD 14.4T
WACC	4.54%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Working capital	HKD -11.3T

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-1.27%
Dividend growth	3.74%
Dividend growth (10Y)	10.86%
Dividend growth (3Y)	6.32%
Dividend growth (5Y)	8.59%
Dividend growth years	9
Dividend payment date	2026-08-21
Dividend payment years	20
Dividend payout frequency	Semi-Annual
Dividend per share	HKD 2.27
Dividend yield	4.36%
Ex-dividend date	2026-07-02
Last dividend	HKD 1.15
Payout ratio	55.28%
Shareholder yield	3.09%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	175.63%
10Y return CAGR	15.18%
10Y total return	310.98%
150-day SMA	HKD 49.15
15Y price change	225.13%
15Y return CAGR	12.92%
15Y total return	518.91%
1D price change	-0.86%
1M price change	3.27%
1M total return	3.27%
1W price change	-1.32%
1W total return	-1.32%
1Y price change	4.85%
1Y return CAGR	10.06%
1Y total return	10.05%
20-day SMA	HKD 52.22
200-day SMA	HKD 49.05
20Y price change	473.58%
20Y return CAGR	13.35%
20Y total return	1,126.48%
3M price change	6.52%
3M total return	6.52%
3Y price change	65.56%
3Y return CAGR	24.34%
3Y total return	92.27%
50-day SMA	HKD 51.42
50-day SMA vs 200-day SMA	50over200
52-week high	HKD 54.25
52-week high date	2026-10-16
52-week low	HKD 43.34
52-week low date	2026-07-02
5Y price change	-22.8%
5Y return CAGR	-0.42%
5Y total return	-2.07%
6M price change	3.58%
6M total return	6.3%
All-time high	HKD 72.45
All-time high date	2021-05-28
All-time low	HKD 6.69
All-time low date	2008-10-28
Average true range (ATR)	HKD 1.13
Average volume	10.2M
Beta (5Y)	0.48
Change from 52-week high	-3.87%
Change from 52-week low	20.33%
Change from all-time high	-28.02%
Change from all-time low	679.29%
Change from open	-0.86%
Day's gap	0%
Dollar volume	HKD 686.8M
High price	HKD 52.60
Low price	HKD 51.70
Monthly RSI	59.04
Open price	HKD 52.60
Position in 52-week range	50%
Previous close	HKD 52.60
Price vs 150-day SMA	6.1%
Price vs 20-day SMA	-0.14%
Price vs 200-day SMA	6.33%
Price vs 50-day SMA	1.41%
Relative volume	1.3
RSI	50.76
Sharpe ratio	0.45
Sharpe ratio (3Y)	0.69
Sharpe ratio (5Y)	0.06
Sortino ratio	0.93
Sortino ratio (3Y)	1.23
Sortino ratio (5Y)	0.25
Volume	13.2M
Weekly RSI	56.23
YTD price change	-1.23%
YTD total return	3.68%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	15.4B
Shares change (QoQ)	-1.45%
Shares change (YoY)	1.27%
Shares held by insiders	0.01%
Shares held by institutions	25.02%

Deeper analysis on HKG/3968

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

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Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

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Frequently asked questions

About this HKG/3968 report

Is a complete HKG/3968 research report available?

No complete published report is available for hkg/3968 (HKG/3968) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

HKG/3968 (HKG/3968)

Price

Financial snapshot

Fair-value bridge

Latest news · HKG/3968

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All HKG/3968 indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on HKG/3968

Frequently asked questions