China Merchants Bank Co Ltd operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares China Merchants Bank Co Ltd with three other
companies in this sector in CHINA :
POSTAL SAVINGS BANK of CHINA Co Ltd
sales of 465.66 billion Chinese Renmimbi [US$71.53 billion]
Bank Of Communications Co Ltd
(466.48 billion Chinese Renmimbi [US$71.66 billion]
Industrial Bank Co Ltd
(369.16 billion Chinese Renmimbi [US$56.71 billion]
of which 24%
During the year ended December of 2020, sales at
China Merchants Bank Co Ltd were 416.94 billion Chinese Renmimbi (US$64.05 billion).
increase of 5.3%
versus 2019, when the company's sales were 395.78 billion Chinese Renmimbi.
This was the fourth straight year of sales growth at China Merchants Bank Co Ltd.
Sales of Wholesale Finance Business saw an increase
9.1% in 2020, from
111.83 billion Chinese Renmimbi to 122.03 billion Chinese Renmimbi.
Not all segments of China Merchants Bank Co Ltd experienced an increase in sales in 2020:
sales of Other Business fell 21.2% to 9.08 billion Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).