Industrial and Commercial Bank of China Ltd operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Industrial and Commercial Bank of China Ltd with three other
companies in this sector in CHINA :
China Construction Bank Corp
(2019
sales of 1.09 trillion Chinese Renmimbi [US$163.55 billion]
of which 25%
was Personal Banking),
Agricultural Bank Of China Limited
(1.01 trillion Chinese Renmimbi [US$150.84 billion]
of which 27%
was Corporate Banking), and
Bank of China Ltd
(931.53 billion Chinese Renmimbi [US$139.51 billion]
of which 24%
was Corporate Banking).
Sales Analysis.
During the year ended December of 2019, sales at
Industrial and Commercial Bank of China Ltd were 1.21 trillion Chinese Renmimbi (US$181.77 billion).
This
is
an
increase of 8.7%
versus 2018, when the company's sales were 1.12 trillion Chinese Renmimbi.
This was the third consecutive year of growth at Industrial and Commercial Bank of China Ltd.
Sales of Corporate Banking saw an increase
of
9.8% in 2019, from
353.86 billion Chinese Renmimbi to 388.41 billion Chinese Renmimbi.
Not all segments of Industrial and Commercial Bank of China Ltd experienced an increase in sales in 2019:
sales of Others fell 13.0% to 4.60 billion Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).