Industrial and Commercial Bank of China | IDBCY on BreakoutIndustrial and Commercial Bank of China | IDBCY on Breakout
VAH is $10.84 , opening above 11 can send IDBCY to $15
Next report date
Report period
Q1 2024
EPS estimate
0.27CNY
Revenue estimate
198.98 BCNY
0.98CNY
363.99 BCNY
1.59 TCNY
18.49 B
About INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED
Sector
Industry
Headquarters
Beijing
Website
Employees (FY)
419.25 K
Founded
2011
ISIN
CNE000001P37
FIGI
BBG000BWV4X7
Industrial & Commercial Bank of China Ltd. engages in the provision of commercial banking and financial services. It operates through the following business segments: Corporate Banking, Personal Banking, Treasury Operations, and Others. The Corporate Banking segment provides corporate loans, trade financing, deposit-taking activities, corporate wealth management services, custody activities, and various types of corporate intermediary services to corporations, government agencies and financial institutions. The Personal Banking segment offers personal loans, deposit-taking activities, card business, personal wealth management services, and various types of personal intermediary services to individual customers. The Treasury Operations segment covers money market transactions, investment securities, foreign exchange transactions and the holding of derivative positions, for its own account or on behalf of customers. The Others segment includes assets, liabilities, income, and expenses that cannot be allocated to a segment. The company was founded on January 1, 1984 and is headquartered in Beijing, China.
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I have bought this bank quite some time ago for its stable dividends and being a government bank, it offers me a stable dividend payout. The capital appreciation was definitely a surprise as you can see from chart that it went sideway for quite a while...........
head and shoulder confirmlong and hold for the counter as head and shoulder confirm. above 4 will easily cross.
ICBC presenting a good buying opportunityWaiting for 3.98 price level where we can see a support in Oct 2020. It could also falls further to the Sept low of 3.44 to 3.74 level. No hurry, since bank stocks are not likely going to shoot up like the cryptocurrency.
The dividends are good and the fact that it is State owned means the Central
Industrial and Commercial Bank of China (BUY)A few rebounds on the support zone of 4.85 and 5.00 then breakout of this support zone on July 5, 2021 and we have stagnated until now. The RSI is in divergence from the market and is above the neutral zone.
UPDATE Industrial and commercial bank of china limited reDaily frame
The intersection of the uptrend and downtrend, with the availability of a sell signal on the volume indicator, in addition to the formation of the butterfly pattern on the chart. All these indicators give us a prediction that the market will correct upwards , which gives us an opportunit
Industrial and commercial bank of china limited recommendationDaily frame
The intersection of the uptrend and downtrend, with the availability of a sell signal on the volume indicator, in addition to the formation of the butterfly pattern on the chart. All these indicators give us a prediction that the market will correct upwards , which gives us an opportunit
Khan's Live-Charting 07 - $1398Chart in a downward trend with hard drops. Would be very careful here, loos like a bad risk/reward trade at the moment
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Frequently Asked Questions
The current price of 601398 is 5.40 CNY — it has decreased by 1.64% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on SSE exchange INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED stocks are traded under the ticker 601398.
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED is going to release the next earnings report on Apr 29, 2024. Keep track of upcoming events with our Earnings Calendar.
601398 stock is 2.78% volatile and has beta coefficient of 0.45. Check out the list of the most volatile stocks — is INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED there?
601398 earnings for the last quarter are 0.24 CNY per share, whereas the estimation was 0.32 CNY resulting in a −25.77% surprise. The estimated earnings for the next quarter are 0.25 CNY per share. See more details about INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED earnings.
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED revenue for the last quarter amounts to 194.61 B CNY despite the estimated figure of 202.53 B CNY. In the next quarter revenue is expected to reach 187.09 B CNY.
Yes, you can track INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED financials in yearly and quarterly reports right on TradingView.
601398 stock has fallen by 1.82% compared to the previous week, the month change is a 1.50% rise, over the last year INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED has showed a 13.92% increase.
601398 net income for the last quarter is 95.32 B CNY, while the quarter before that showed 94.93 B CNY of net income which accounts for 0.41% change. Track more INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED financial stats to get the full picture.
Today INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED has the market capitalization of 1.96 T, it has increased by 0.63% over the last week.
Yes, 601398 dividends are paid annually. The last dividend per share was 0.30 CNY. As of today, Dividend Yield (TTM)% is 5.53%. Tracking INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED dividends might help you take more informed decisions.
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED dividend yield was 6.27% in 2023, and payout ratio reached 30.60%. The year before the numbers were 6.52% and 29.14% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, 601398 shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 26, 2024, the company has 419.25 K employees. See our rating of the largest employees — is INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED technincal analysis shows the neutral today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED stock shows the buy signal. See more of INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED future price: according to them, 601398 price has a max estimate of 7.09 CNY and a min estimate of 3.49 CNY. Read a more detailed INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED forecast: see what analysts think of INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED and suggest that you do with its stocks.