SHA/601988 (SHA/601988)

Shanghai Stock Exchange: SHA/601988 · CNY

CN¥7.02

+0.00 (0.0%)· Recorded snapshot

Market cap	2.1T
Revenue (ttm)	574.1B
Net income (ttm)	236.6B
EPS (ttm)	CN¥0.72
P/E (trailing)	9.7x
P/E (forward)	8.3x
Dividend	CN¥0.23 (3.22%)
Volume	285,369,671
Beta	0.11

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 574.1B
Net income (ttm): 236.6B
EPS (ttm): CN¥0.72
P/E (trailing): 9.7x
P/E (forward): 8.3x
Market cap: 2.1T

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/E8.3

P25 n/aP50 n/aP75 n/a

Trailing P/E9.7

P25 n/aP50 n/aP75 n/a

ROE8.3

P25 n/aP50 n/aP75 n/a

ROICn/a

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

S&P 500+0.8%

Nasdaq Composite-1.0%

Dow Jones Industrial Average+1.9%

Russell 2000+0.3%

All SHA/601988 indicators

Market & fundamental data

Available fields

201

Groups with data

Currency

CNY

Showing 201 of 201 available metrics for this ticker.

Profile and market data

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

Metric	Value
Amount currency	CNY
Country	China
Country code	CN
Earnings date	2026-10-30
Employees	310,898
Employees change	5,826
Employees growth	1.9%
Exchange	Shanghai Stock Exchange
Financial currency	CNY
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1912
Industry	Banks - Diversified
Is primary listing	No
ISIN number	CNE000001N05
Last earnings date	2026-08-28
Last refreshed	2026-10-28
Market cap	CNY 2.1T
Next earnings date	2026-10-30
Price	CNY 7.02
Price currency	CNY
Sector	Financials
SIC code	6020
Stock price date	2026-10-28
Symbol	sha/601988
Website	https://www.boc.cn

Valuation

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

Metric	Value
Average P/E ratio (10Y)	5.72x
Average P/E ratio (3Y)	6.54x
Average P/E ratio (5Y)	5.64x
Earnings yield	10.26%
FCF yield	-1.19%
Forward P/E	8.29x
Graham number	13.85676
Graham upside	97.39%
Lynch fair value	CNY 3.95
Lynch upside	-43.77%
P/B ratio	0.65x
P/E ratio	9.75x
P/OCF ratio	55.82x
P/S ratio	3.67x
Price / tangible book value	0.71x
Sector forward P/E	6.55x
Sector P/E	7.36x

Profitability

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

Metric	Value
Effective tax rate	15.22%
Operating margin	54.04%
Pretax margin	54.21%
Profit margin	43.38%
Profit per employee	CNY 761,121
Profitable quarters	82
Profitable years	23
Revenue per employee	CNY 1.8M
ROA	0.69%
ROA (5Y)	0.8%
ROE	8.29%
ROE (5Y)	9.24%
Tax / revenue	8.25%

Growth

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

Metric	Value
EPS growth	-2.25%
EPS growth (Q)	-1.13%
EPS growth (QoQ)	-1.13%
EPS growth 10Y	2.48%
EPS growth 3Y	1.1%
EPS growth 5Y	2.4%
EPS growth years	5
FCF growth (Q)	1,346.69%
Net income growth	5.15%
Net income growth (Q)	5.91%
Net income growth (QoQ)	3.64%
Net income growth 3Y	3.4%
Net income growth 5Y	4.19%
Net income growth quarters	5
Net income growth years	9
OCF growth (Q)	1,072.62%
Revenue growth	6.28%
Revenue growth (Q)	5.32%
Revenue growth (QoQ)	0.16%
Revenue growth 10Y	3.26%
Revenue growth 3Y	4.62%
Revenue growth 5Y	3.64%
Revenue growth quarters	3
Revenue growth years	0

Financial statements

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

Metric	Value
Capital expenditures	CNY -62.8B
EPS	CNY 0.72
Financing cash flow	CNY 1.3T
Free cash flow	CNY -25.1B
Gross profit	CNY 574.1B
Income taxes	CNY 47.4B
Investing cash flow	CNY -1.2T
Net borrowing	CNY 99.2B
Net cash flow	CNY 28B
Net income	CNY 236.6B
Operating income	CNY 310.2B
Revenue	CNY 574.1B

Financial strength

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

Metric	Value
Book value per share	CNY 8.54
Debt / equity	2.8
Goodwill	CNY 2.7B
Net cash (debt)	CNY -5.8T
Net cash / market cap	-274.13%
Net debt / equity	1.78
Piotroski F-Score	3
Property, plant and equipment	CNY 281.4B
Shareholders' equity	CNY 3.2T
Tangible book value	CNY 3T
Tangible book value per share	CNY 8.43
Total assets	CNY 40.2T
Total cash	CNY 3.3T
Total debt	CNY 9.1T
Total liabilities	CNY 36.9T
WACC	0.92%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Working capital	CNY -29.3T

Dividends and buybacks

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

Metric	Value
Buyback yield / dilution	-15.86%
Dividend growth	-6.64%
Dividend growth (10Y)	2.6%
Dividend growth (3Y)	-0.83%
Dividend growth (5Y)	2.81%
Dividend growth years	8
Dividend payment date	2026-07-10
Dividend payment years	20
Dividend payout frequency	Semi-Annual
Dividend per share	CNY 0.23
Dividend yield	3.22%
Ex-dividend date	2026-07-10
Last dividend	CNY 0.12
Payout ratio	19.13%
Shareholder yield	-12.64%

Performance and technicals

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

Metric	Value
10Y price change	107.08%
10Y return CAGR	13.29%
10Y total return	248.06%
150-day SMA	CNY 6.08
15Y price change	133.22%
15Y return CAGR	11.6%
15Y total return	418.69%
1D price change	0%
1M price change	6.04%
1M total return	6.04%
1W price change	-3.04%
1W total return	-3.04%
1Y price change	25.58%
1Y return CAGR	30.66%
1Y total return	30.64%
20-day SMA	CNY 6.93
200-day SMA	CNY 5.91
20Y price change	112.73%
20Y return CAGR	9.02%
20Y total return	462.22%
3M price change	17%
3M total return	17%
3Y price change	80.46%
3Y return CAGR	27.27%
3Y total return	106.18%
50-day SMA	CNY 6.57
50-day SMA vs 200-day SMA	50over200
52-week high	CNY 7.25
52-week high date	2026-10-22
52-week low	CNY 5.23
52-week low date	2026-01-26
5Y price change	129.41%
5Y return CAGR	24.47%
5Y total return	198.72%
6M price change	21.88%
6M total return	24.37%
All-time high	CNY 7.58
All-time high date	2007-11-01
All-time low	CNY 2.44
All-time low date	2014-03-12
Average true range (ATR)	CNY 0.16
Average volume	311.6M
Beta (5Y)	0.11
Change from 52-week high	-3.17%
Change from 52-week low	34.23%
Change from all-time high	-7.39%
Change from all-time low	187.7%
Change from open	0%
Day's gap	0%
Dollar volume	CNY 2B
High price	CNY 7.04
Low price	CNY 6.90
Monthly RSI	73.22
Open price	CNY 7.02
Position in 52-week range	85.71%
Previous close	CNY 7.02
Price vs 150-day SMA	15.46%
Price vs 20-day SMA	1.34%
Price vs 200-day SMA	18.7%
Price vs 50-day SMA	6.82%
Relative volume	0.92
RSI	57.82
Sharpe ratio	1.44
Sharpe ratio (3Y)	1.2
Sharpe ratio (5Y)	1.07
Sortino ratio	2.53
Sortino ratio (3Y)	2.13
Sortino ratio (5Y)	2.01
Volume	285.4M
Weekly RSI	72.43
YTD price change	22.51%
YTD total return	25.02%

Ownership and float

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

Metric	Value
Float	105.6B
Shares change (QoQ)	4.83%
Shares change (YoY)	15.86%
Shares held by institutions	74.9%

Deeper analysis on SHA/601988

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

Forecast

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

→

Valuation

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

→

Sensitivity

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

→

Risks

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

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

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

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Scorecard

Six-factor overlay and 9-category weighted scorecard.

→

Recommendation

Final action, action steps, opportunity, and biggest risk.

→

Perspectives

Growth, value, and income investor reads.

→

Frequently asked questions

About this SHA/601988 report

Is a complete SHA/601988 research report available?

No complete published report is available for sha/601988 (SHA/601988) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Market cap

2.1T

Revenue (ttm)

574.1B

Net income (ttm)

236.6B

EPS (ttm)

CN¥0.72

P/E (trailing)

9.7x

P/E (forward)

8.3x

Dividend

CN¥0.23 (3.22%)

Volume

285,369,671

Beta

0.11

Metric

Value

Amount currency

CNY

Country

China

Country code

Earnings date

2026-10-30

Employees

310,898

Employees change

5,826

Employees growth

1.9%

Exchange

Shanghai Stock Exchange

Financial currency

CNY

Financial report date

2026-06-30

First seen

2026-05-10

Fiscal year end

December

Founded

1912

Industry

Banks - Diversified

Is primary listing

ISIN number

CNE000001N05

Last earnings date

2026-08-28

Last refreshed

2026-10-28

Market cap

CNY 2.1T

Next earnings date

2026-10-30

Price

CNY 7.02

Price currency

CNY

Sector

Financials

SIC code

6020

Stock price date

2026-10-28

Symbol

sha/601988

Website

https://www.boc.cn

Metric

Value

Average P/E ratio (10Y)

5.72x

Average P/E ratio (3Y)

6.54x

Average P/E ratio (5Y)

5.64x

Earnings yield

10.26%

FCF yield

-1.19%

Forward P/E

8.29x

Graham number

13.85676

Graham upside

97.39%

Lynch fair value

CNY 3.95

Lynch upside

-43.77%

P/B ratio

0.65x

P/E ratio

9.75x

P/OCF ratio

55.82x

P/S ratio

3.67x

Price / tangible book value

0.71x

Sector forward P/E

6.55x

Sector P/E

7.36x

Metric

Value

Effective tax rate

15.22%

Operating margin

54.04%

Pretax margin

54.21%

Profit margin

43.38%

Profit per employee

CNY 761,121

Profitable quarters

Profitable years

Revenue per employee

CNY 1.8M

ROA

0.69%

ROA (5Y)

0.8%

ROE

8.29%

ROE (5Y)

9.24%

Tax / revenue

8.25%

Metric

Value

EPS growth

-2.25%

EPS growth (Q)

-1.13%

EPS growth (QoQ)

-1.13%

EPS growth 10Y

2.48%

EPS growth 3Y

1.1%

EPS growth 5Y

2.4%

EPS growth years

FCF growth (Q)

1,346.69%

Net income growth

5.15%

Net income growth (Q)

5.91%

Net income growth (QoQ)

3.64%

Net income growth 3Y

3.4%

Net income growth 5Y

4.19%

Net income growth quarters

Net income growth years

OCF growth (Q)

1,072.62%

Revenue growth

6.28%

Revenue growth (Q)

5.32%

Revenue growth (QoQ)

0.16%

Revenue growth 10Y

3.26%

Revenue growth 3Y

4.62%

Revenue growth 5Y

3.64%

Revenue growth quarters

Revenue growth years

Metric

Value

Capital expenditures

CNY -62.8B

EPS

CNY 0.72

Financing cash flow

CNY 1.3T

Free cash flow

CNY -25.1B

Gross profit

CNY 574.1B

Income taxes

CNY 47.4B

Investing cash flow

CNY -1.2T

Net borrowing

CNY 99.2B

Net cash flow

CNY 28B

Net income

CNY 236.6B

Operating income

CNY 310.2B

Revenue

CNY 574.1B

Metric

Value

Book value per share

CNY 8.54

Debt / equity

2.8

Goodwill

CNY 2.7B

Net cash (debt)

CNY -5.8T

Net cash / market cap

-274.13%

Net debt / equity

1.78

Piotroski F-Score

Property, plant and equipment

CNY 281.4B

Shareholders' equity

CNY 3.2T

Tangible book value

CNY 3T

Tangible book value per share

CNY 8.43

Total assets

CNY 40.2T

Total cash

CNY 3.3T

Total debt

CNY 9.1T

Total liabilities

CNY 36.9T

WACC

0.92%

Metric

Value

Working capital

CNY -29.3T

Metric

Value

Buyback yield / dilution

-15.86%

Dividend growth

-6.64%

Dividend growth (10Y)

2.6%

Dividend growth (3Y)

-0.83%

Dividend growth (5Y)

2.81%

Dividend growth years

Dividend payment date

2026-07-10

Dividend payment years

Dividend payout frequency

Semi-Annual

Dividend per share

CNY 0.23

Dividend yield

3.22%

Ex-dividend date

2026-07-10

Last dividend

CNY 0.12

Payout ratio

19.13%

Shareholder yield

-12.64%

Metric

Value

10Y price change

107.08%

10Y return CAGR

13.29%

10Y total return

248.06%

150-day SMA

CNY 6.08

15Y price change

133.22%

15Y return CAGR

11.6%

15Y total return

418.69%

1D price change

1M price change

6.04%

1M total return

6.04%

1W price change

-3.04%

1W total return

-3.04%

1Y price change

25.58%

1Y return CAGR

30.66%

1Y total return

30.64%

20-day SMA

CNY 6.93

200-day SMA

CNY 5.91

20Y price change

112.73%

20Y return CAGR

9.02%

20Y total return

462.22%

3M price change

17%

3M total return

17%

3Y price change

80.46%

3Y return CAGR

27.27%

3Y total return

106.18%

50-day SMA

CNY 6.57

50-day SMA vs 200-day SMA

50over200

52-week high

CNY 7.25

52-week high date

2026-10-22

52-week low

CNY 5.23

52-week low date

2026-01-26

5Y price change

129.41%

5Y return CAGR

24.47%

5Y total return

198.72%

6M price change

21.88%

6M total return

24.37%

All-time high

CNY 7.58

All-time high date

2007-11-01

All-time low

CNY 2.44

All-time low date

2014-03-12

Average true range (ATR)

CNY 0.16

Average volume

311.6M

Beta (5Y)

0.11

Change from 52-week high

-3.17%

Change from 52-week low

34.23%

Change from all-time high

-7.39%

Change from all-time low

187.7%

Change from open

Day's gap

Dollar volume

CNY 2B

High price

CNY 7.04

Low price

CNY 6.90

Monthly RSI

73.22

Open price

CNY 7.02

Position in 52-week range

85.71%

Previous close

CNY 7.02

Price vs 150-day SMA

15.46%

Price vs 20-day SMA

1.34%

Price vs 200-day SMA

18.7%

Price vs 50-day SMA

6.82%

Relative volume

0.92

RSI

57.82

Sharpe ratio

1.44

Sharpe ratio (3Y)

1.2

Sharpe ratio (5Y)

1.07

Sortino ratio

2.53

Sortino ratio (3Y)

2.13

Sortino ratio (5Y)

2.01

Volume

285.4M

Weekly RSI

72.43

YTD price change

22.51%

YTD total return

25.02%

Metric

Value

Float

105.6B

Shares change (QoQ)

4.83%

Shares change (YoY)

15.86%

Shares held by institutions

74.9%

SHA/601988 (SHA/601988)

Price

Financial snapshot

Fair-value bridge

Latest news · SHA/601988

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHA/601988 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 SHA/601988

Frequently asked questions

SHA/601988 (SHA/601988)

Price

Financial snapshot

Fair-value bridge

Latest news · SHA/601988

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHA/601988 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 SHA/601988

Frequently asked questions